Latest News- Automotive Power Window Motor Market: Passenger cars is expected to lead the Application segment during 2024-2028
The Automotive Power Window Motor Market is being driven by Growing adoption of power window system
The Automotive Power Window Motor Market is expected to grow at a CAGR of 16.6% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 5440.3 million. In the automotive industry, the integration of advanced safety features in power windows and other automotive glass applications is a significant trend. One such feature is Anti-pinch technology, which is an active safety system designed to prevent the winding up of windows, sunroofs, sliding doors, lift gates, and tailgates when an obstacle is detected. Initially, this technology was limited to luxury and premium vehicles. However, its adoption is gradually expanding to mid-trim passenger cars. The power window motor is equipped with a sensor to detect obstacles, thereby averting the window from winding up and potentially causing injury. The seventh generation of this technology is under development, featuring a semiconductor instead of a relay for enhanced efficiency and reliability. This technological advancement underscores the commitment of component manufacturers to prioritize safety and innovation in the automotive sector.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Passenger cars, Commercial vehicles) Geography (APAC, North America, Europe, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Automotive Power Window Motor Market Research Report
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Experts predict significant growth for the Automotive Power Window Motor market in passenger cars, driven by the shift towards automobile production featuring advanced glass platforms and antipinch automotive power systems. Vehicle electrification, semiconductors, and autonomous vehicles are key trends. Materials like plastic, rubber, composites, battery, switch, cables, gear, and lightweight materials from 3D printers will fuel innovation. Internal Combustion Engine vehicles continue to dominate, but Electric Vehicles are gaining ground.
The global automotive components and equipment market encompasses businesses producing parts and accessories for various automobile segments, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers of automotive components and equipment. Key growth drivers in this market include the escalating demand for electronic components in automobiles, such as electronic control units (ECUs) and other electrical components, fueled by the increasing sales of electric vehicles, motorcycles, and passenger cars over the past decade.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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