Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.4 Billion | USD 26.7 Billion | 6.3% | 2023 |
FrequentlyAsked Questions
An automobile's power window is a mechanical window system that allows occupants to manipulate the windows' position by pressing a button.
The automotive power window market is being driven by the increasing automotive sector, rising demand for advanced vehicle features, technological advancements, increasing focus on safety regulations, and the expansion of the EV industry.
According to the report, the global automotive power window market size was worth around USD 15.4 billion in 2023 and is predicted to grow to around USD 26.7 billion by 2032.
The global automotive power window market is expected to grow at a CAGR of 6.3% during the forecast period.
The global automotive power window market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the increasing automotive sector, especially in countries like India and China and the growing disposable income of the population.
The global automotive power window market is dominated by players like Aisin Corporation, Grupo Antolin, Brose Fahrzeugteile SE & Co. KG, Denso Corporation, HI-LEX Corporation, Inteva Products, LLC Corporation, Johnan Manufacturing Inc, Magna International Inc, Robert Bosch GmbH and Valeo Group among others.
The automotive power window market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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