During the projection period, a strong 4.5% CAGR is predicted for demand in the automotive window regulator market size. According to Future Market Insights (FMI), the market will be worth more than $21.2 billion in 2031.
The growing propensity of international automakers to give their vehicles a variety of automated features has enabled numerous improvements in vehicle automation. Automatic window regulators are quickly replacing manual ones in the modern automotive industry.
The APEJ region will continue to be the leading market for automotive window regulators. In terms of volume, Asia Pacific Excluding Japan (APEJ) is predicted to be the largest market for automotive window regulators and to expand at a 4.4% CAGR over the course of the projection period. Car window regulator sales in the APEJ are projected to reach 211,633 thousand units in 2017 and probably come close to 300,000 units by 2027.
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Middle East & Africa (MEA) is predicted to rank as the second-most lucrative market area by the end of 2027. The MEA automotive window regulator market is projected to expand at a CAGR of 4.3% from 2017 to 2027.
OEM will still remain the market’s preferred sales channel in terms of volume. OEM anticipates selling 500,000 auto window regulators globally by the end of 2027. Over the course of the anticipated period, it is predicted that the volume of OEM and Aftermarket sales channels would increase simultaneously at a CAGR of 3.3%.
By 2027, it is anticipated that the aftermarket sales channel will represent a tiny portion of the market. This is mostly attributable to low replacement and breakdown rates as well as user preferences to keep utilising the auto window regulator that was installed by the manufacturer.
Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end
The biggest adoption of automotive window regulators is anticipated to continue to be in passenger automobiles, depending on the kind of vehicle. By the end of 2027, it is anticipated that the market for automotive window regulators used in passenger automobiles will have sold 530,539 thousand units. The estimated timeframe is when demand for automated window regulators in HCVs is expected to be at its lowest.
Cable-based automatic window regulators are anticipated to become more prevalent. Demand for double rail cable is anticipated to increase in volume at a CAGR of 3.9% through 2027.
By the end of 2027, it is predicted that sales of automatic window regulators, the market’s dominating product category, would top 500,000 units. This is explained by the versatility and portability provided by automated window regulators.
Conversely, sales of manual window regulators will only increase slightly during the projection period. The complex design and frequent wear and tear of manual window regulators will restrain market growth.
Increasing Demand for Personal Vehicles to Sustain Market Growth in APEJ
Due to their expanding populations and growing demand for personal vehicles, India and China are important markets for automobile manufacturers. Additionally, a lot of banks and financial institutions are providing different loan programmes, which makes it simple for people to acquire a car. These elements are anticipated to keep the market growing in APEJ. However, due to their superior performance, power window regulators are becoming more popular in this area. According to estimates, this will slow the market’s expansion in APEJ.
Due to the lack of manufacturing facilities in the MEA, aftermarket demand is increasing. Automobiles are imported for sale by GCC nations. Rising customer reliance on the aftermarket is anticipated to drive market expansion in MEA. In contrast, it is anticipated that throughout the projection period, issues including political upheaval and weak demand for the automotive industry will restrain market expansion in MEA.
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Key market players identified in FMI’s report include:
Brose Fahrzeugteile GmbH & Co.KG, Grupo Antolin Irausa S.A., Hi-Lex Corporation, Imasen Electric Industrial Co. Ltd., Valeo SA, Magna International Inc., Shiroki Corporation, Robert Bosch GmbH, Kongsberg Automotive, Castellon Automotive SA, Johnan Manufacturing Inc., KÜSTER Holding GmbH, IFB Automotive Pvt. Ltd., Aditya Auto and Engineering Pvt. Ltd., Kwangjin Sang Gong Co. Ltd., Futuris Group of Companies.
Automotive Window Regulator Market by Category
Product Type:
- Manual
- Automated
Construction Type:
- Cable Type
- Single Rail
- Double Rail
- Single Arm
- X Arm
Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Sales Channel:
- OEM
- Aftermarket
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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