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 increased propensity of international automakers to equip their vehicles with a variety of automated capabilities. In the modern vehicle industry, automatic window regulators are quickly replacing manual ones.
For automobile window regulators, the APEJ region will remain the largest market. Asia Pacific Excluding Japan (APEJ) is anticipated to grow at a 4.4% CAGR over the course of the forecast period to become the largest market for automotive window regulators in terms of volume. The APEJ is expected to sell 211,633 thousand car window regulators in 2017, and perhaps 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 market region. From 2017 to 2027, the MEA automotive window regulator market is anticipated to grow at a CAGR of 4.3%.
In terms of volume, OEM will continue to be the market’s preferred sales channel. By the end of 2027, OEM expects to have sold 500,000 vehicle window regulators worldwide. The volume of OEM and Aftermarket sales channels is estimated to grow concurrently at a CAGR of 3.3% over the anticipated period.
The aftermarket sales channel is predicted to hold a negligible share of the market by 2027. This is mostly caused by low replacement and breakage rates, as well as user desires to continue using the auto window regulator that the manufacturer installed.
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 will continue to see the greatest adoption of automotive window regulators. The market for automotive window regulators used in passenger cars is estimated to have sold 530,539 thousand units by the end of 2027. During this period, it is anticipated that demand for automated window regulators in HCVs will be at its lowest.
It’s expected that automatic window regulators with cables will appear more frequently. Through 2027, double rail cable demand is expected to grow in volume at a CAGR of 3.9%.
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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