Global Automotive Window Regulator Market Size, Share, Forecast Report, 2020-2027
Window regulator is the mechanical mechanism that automatic or manual controls the up and down motion of an automobile window. Rising demand for high-performance vehicles, increasing electrification in automobiles, growing sales of electric vehicles, increase in demand for comfort and value added features in vehicles are the key factors driving the global automotive window regulator market.
Lack of skilled operator, low reliability and durability of regulators, and high price of automatic window regulator systems are hindering the growth of this market. Whereas, the deployment of advance technology such as IoT, AI, and big date along with electronic system in vehicles, and improving economy from developing countries such as China, Mexico, and Brazil are providing opportunity for growth to the players operating in the global automotive window regulator market.
The global automotive window regulator market is estimated to reach around USD 8 billion by 2025, exhibiting a CAGR of ~4.5% during the forecast period.
Segmentation: Automotive Window Regulator Market
The global automotive window regulator market is segmented based on type, technology, propulsion, sales channel, vehicle type, and region. On the basis of type, the global market has been segmented into automatic, semi-automatic, and manual. The manual segment is projected to grow at substantial rate over the forecast period due to growing demand for vintage cars. On the basis of technlogy, the global market has been segmented into single arm, x-arm, and others. The single arm segment is projected to grow at a steady rate over the forecast period due to widespread use of single arm window regulator in vehicle from decades and the sentiments of consumers with their vehicles. On the basis of propulsion type, the global market has been segmented into ICE and electric vehicle. The electric vehicle segment is projected to grow at a rapid pace over the forecast period. The growing demand for environment friendly vehicles globally drives the growth of electric vehicle segment along with global market. On the basis of sales channel, the market has been segmented into OEM and aftermarket. The OEM segment is expected to hold larger market share of the global market during the forecast period due to presence of various OEM manufacturers in the global market and the expansion of automotive sector in emerging nations. On the basis of vehicle type, the market has been segmented into passenger car and commercial vehicle. The passenger car segment hold the largest share and is projected to grow at a substantial rate over the forecast period due to growing deployment of power regulators in compact and sub-compact cars.
On the basis of region, the global automotive window regulator market has been segmented into four regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. Among all the four regions, the market in Asia-Pacific holds the largest share of the global automotive window regulator market over the forecast period due to increase in sales of automobiles across the region.
The North American market is expected to register steady growth over the forecast period due to the growing demand for autonomous and semi-autonomous vehicles. In Europe, the rise in strict government regulations for the safety of vehicle and passengers and presence of major manufacturers such as Brose Fahrzeugteile, Valeo, and Elta Automotive has fueled the growth of the automotive window regulator market.
The major player operating in the market of global automotive window regulator are Dura Automotive Systems, Inc (US), Elta Automotive Ltd (UK), KUSTER Holding GmbH (Germany), Shanghai SIIC Transportation Electric Co., Ltd. (China), Shiroki Corporation (Japan), Huayu Automotive Systems Company Limited (China), Hi-Lex Corporation (Japan), Brose Fahrzeugteile GmbH & Co. KG (Germany), Valeo ( France), and Grupo Antolin (Spain).