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.
Numerous advancements in vehicle automation have been made possible by the rising inclination of foreign manufacturers to equip their cars with a range of automated capabilities. In the modern vehicle industry, automatic window regulators are rapidly replacing manual ones.
The largest market for automotive window regulators will still remain APEJ. Asia Pacific Excluding Japan (APEJ) is anticipated to continue being the largest market for automotive window regulators in terms of volume and is anticipated to grow at a 4.4% CAGR during the course of the forecast period. In the APEJ, sales of car window regulators are anticipated to total 211,633 thousand units in 2017 and probably close to 300,000 units by 2027.
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By the end of 2027, Middle East & Africa (MEA) is anticipated to be the second-most lucrative region in the market. Up to 2027, the MEA automotive window regulator market is anticipated to grow at a 4.3% CAGR.
In terms of volume, OEM will continue to be the market’s preferred sales channel. By the end of 2027, OEM is projected to have sold 500,000 automobile window regulators worldwide. The volume of OEM and Aftermarket sales channels is estimated to grow concurrently at a 3.3% CAGR over the course of the projected period.
The aftermarket sales channel is projected to hold a negligible market share by 2027. This is mostly due to a low replacement rate, a low breakdown rate, and user inclination to continue using the auto window regulator that came installed from the manufacturer.
Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end
Depending on the kind of vehicle, it is projected that passenger cars would continue to have the highest adoption of automotive window regulators. The market for automotive window regulators for usage in passenger cars is expected to reach 530,539 thousand units by the end of 2027. The demand for automated window regulators in HCVs is anticipated to be at its lowest during the forecasted period.
Automatic window regulators using cables are expected to become more commonplace. Double rail cable demand is predicted to grow in volume at a 3.9% CAGR through 2027.
Sales of automated window regulators, the market’s dominant product category, are anticipated to surpass 500,000 units by the end of 2027. The functionality and mobility offered by automated window regulators helps to explain this.
In contrast, over the projection period, sales of manual window regulators will only grow gradually. The manual window regulators’ intricate structure and frequent wear and tear will limit the growth of their demand.
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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.
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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