The automotive window regulator market is valued at $13.7 Bn in 2021, with a 4.5% CAGR expected through 2031, driven by demand for advanced safety features.
As per Future Market Insights (FMI) analysis, the automotive window regulator market is projected to be valued at ~US$ 13.7 Bn in 2021, expanding at a CAGR of ~4.5% over the forecast period of 2021-2031.
Windows are a safety feature in vehicles and the rising demand for advanced automotive electronic components to ascertain enhanced safety of passengers is expected to be the key factor driving the automotive window regulator market throughout the forecast period.
The ongoing crisis caused by COVID-19 pandemic had a severe impact on the global economy. It resulted in complete shutdown of supply chain networks and manufacturing facilities around the world.
Subsequently lockdown restrictions imposed during the pandemic affected the automotive window regulator market, causing a significant slump in the growth. However, automotive window regulator market is expected to recover as economic activities resume post the containment of pandemic.
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Key Takeaways of Automotive Window Regulator Market Study
“Due to frequent use of window regulators in cars, trucks, and industrial vehicles, it has become very important for manufacturers to make high quality window regulators that offer both longevity and reliability. Geographical expansion, partnerships & collaborations and development of innovative technologies are some of the popular growth strategies adopted by market players,” says a Future Market Insights analyst.
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Automotive Window Regulator Market by Category
Product Type:
Construction Type:
Vehicle Type:
Sales Channel:
Region:
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Competitive Landscape
The automotive window regulator market is moderately fragmented, in which the leading players account for nearly half of the market share. The penetration of smaller regional players makes this market more competitive.
Some of the key players in the market are Brose Fahrzeugteile GmbH & CO. Kg, Group Antolin- Irausa SA, Hi- Lex Corporation, Imasen Electric Industrial Co. Ltd., Valeo SA, Magna International, Shiroki Corporation, Robert Bosch GmbH, Continental AG, Kongsberg Automotive, Castellon Automotive, Inteva Products, Johnan Manufacturing, IFB Automotive Pvt Ltd., Tokai Rika and others.
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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The article discusses the growth and trends in the automotive window regulator market from 2021 to 2031.
How has COVID-19 impacted the automotive window regulator market?
What regions are leading in automotive window regulator sales?
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