What is Global Automotive Power Window Motor Market?
The Global Automotive Power Window Motor Market is a vast and dynamic sector that plays a crucial role in the automotive industry. This market revolves around the production, distribution, and use of power window motors, which are essential components in modern vehicles. These motors are responsible for the automatic movement of car windows, providing convenience and safety to drivers and passengers. The market's global nature means it involves numerous players from different parts of the world, including manufacturers, suppliers, and consumers. The market's value is determined by the demand for power window motors, which is influenced by factors such as the number of vehicles produced, the rate of vehicle modernization, and the level of technological advancement in the automotive industry. As of now, the market is experiencing steady growth, driven by the increasing production of vehicles worldwide and the growing preference for cars with advanced features. However, the market also faces challenges such as high competition and fluctuating raw material prices. Despite these challenges, the Global Automotive Power Window Motor Market continues to offer numerous opportunities for businesses and investors.
DC 12V Motor, DC 24V Motor in the Global Automotive Power Window Motor Market:
The Global Automotive Power Window Motor Market is segmented based on the type of motor used, which includes DC 12V Motor and DC 24V Motor. The DC 12V Motor is commonly used in passenger cars due to its compact size and efficient power consumption. It operates on a 12-volt power supply, making it suitable for small to medium-sized vehicles. On the other hand, the DC 24V Motor is used in larger vehicles such as trucks and buses. This motor operates on a 24-volt power supply, providing more power for the operation of larger and heavier windows. Both types of motors are essential in the market, catering to different vehicle types and sizes. The choice between these two motors depends on the vehicle's power requirements, size, and type. Manufacturers in the market produce both types of motors to cater to the diverse needs of the automotive industry.
Commercial Vehicle, Passenger Vehicle in the Global Automotive Power Window Motor Market:
The Global Automotive Power Window Motor Market serves two main areas: Commercial Vehicle and Passenger Vehicle. In the Commercial Vehicle sector, power window motors are used in vehicles such as trucks, buses, and vans. These vehicles require robust and durable motors due to their heavy use and large window sizes. The use of power window motors in this sector enhances driver comfort and convenience, especially during long drives. In the Passenger Vehicle sector, power window motors are used in cars, SUVs, and minivans. These motors provide convenience and safety to passengers, allowing them to control the windows with a simple push of a button. The demand for power window motors in this sector is high due to the increasing production of passenger vehicles worldwide. Both sectors contribute significantly to the market, driving its growth and development.
Global Automotive Power Window Motor Market Outlook:
The Global Automotive Power Window Motor Market is a thriving sector with a promising future. As of 2022, the market was valued at US$ 4719.6 million and is projected to reach US$ 5281.3 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 1.6% from 2023 to 2029. The market is dominated by leading manufacturers such as Denso, Brose, Bosch, Mabuchi, and Shiroki, which collectively account for 50% of the market share. China is the largest production region for automotive power window motors, contributing about 30% to the total market. Europe and North America follow, contributing about 20% and 15% to the market, respectively. These figures highlight the market's global reach and the significant role it plays in the automotive industry.
| Report Metric | Details |
| Report Name | Automotive Power Window Motor Market |
| Accounted market size in 2023 | US$ 4719.6 million |
| Forecasted market size in 2030 | US$ 5281.3 million |
| CAGR | 1.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Denso, Brose, Bosch, Mabuchi, SHIROKI, Aisin, Antolin, Magna, Valeo, DY Auto, Johnson Electric, Lames, Hi-Lex, Ningbo Hengte, MITSUBA, ACDelco |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
