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Automotive Power Window Regulator Motor Industry Analysis:the global market size is projected to grow from USD 977 million in 2023 to USD 1121 million by 2029
The automotive power window regulator motor is a critical component in power window systems commonly found in modern vehicles. It is responsible for the movement and operation of the power window mechanism, allowing the automatic raising and lowering of the vehicle's windows. This motorized system enhances convenience and ease of use compared to manual window regulators.
According to the new market research report "Automotive Power Window Regulator Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Automotive Power Window Regulator Motor market size is projected to grow from USD 977 million in 2023 to USD 1121 million by 2029, at a CAGR of 2.3% during the forecast period.
- Global Automotive Power Window Regulator Motor MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Automotive Power Window Regulator Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Automotive Power Window Regulator Motor Top15Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Automotive Power Window Regulator Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Power Window Regulator Motor include Asmo (Denso), Johnson Electric, NIDEC, Mitsuba, Brose, Mabuchi Motors, DY Corporation, LG Innotek, MinebeaMitsumi, Keyang Electric Machinery, etc. In 2022, the global top five players had a share approximately 51% in terms of revenue.
- Automotive Power Window Regulator Motor,Global Market Size, Split by Product Segment
Source: QYResearch, "Automotive Power Window Regulator Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, Brushless Motor is the largest segment, hold a share of 67%,
- Automotive Power Window Regulator Motor,Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Automotive Power Window Regulator Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, Passenger Vehicle is the largest application, hold a share of 89%,
Market Drivers:
Key driving factors for the automotive motor market include the growing market for electric vehicles and increasing focus on vehicle efficiency. As global attention to environmental sustainability continues to increase, the market size of electric vehicles, as representatives of clean energy transportation, is rapidly expanding. Automotive motors are one of the key components of electric vehicles and are popular for their high efficiency, compact design and reliability.
Restraint:
The main obstacles facing the automotive motor market include technological limitations, cost pressures and energy transition challenges.
Opportunity:
The automotive motor market faces a wide range of opportunities, mainly due to the rapid development of the automotive industry and the rise of electric vehicles. With the increasing environmental awareness and restrictions on traditional fuel vehicles, the demand for electric vehicles has grown rapidly, which in turn has promoted the demand for vehicle motors.
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