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Automotive Power Window Motor Market Size

Report ID: GMI12105 Published Date: November 2024Report Format: PDF
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Automotive Power Window Motor Market Size

The global automotive power window motor market size was valued at USD 8.8 billion in 2023 and is projected to grow at a CAGR of 4.8% between 2024 and 2032. Vehicle manufacturing is rising in emerging regions, resulting in increased demand for automotive components such as power window motors. As disposable incomes rise in nations such as China and India, more people are choosing vehicles with modern features like power windows. This spike in car manufacturing directly increases the demand for power window motors, as almost all current vehicles now include power-operated windows as standard equipment.

 

Automotive Power Window Motor Market

For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), overall passenger car production was 67.1 million units in 2023, while commercial vehicle production will be 26.4 million units. As vehicle production rises, the demand for key components like power window motors also grows, making them standard in most vehicle segments.

Consumers generally expect comfort in base and mid-range vehicles. Power windows replace the manual crank with a more user-friendly system, providing increased ease and convenience. Automakers respond by incorporating power windows into a variety of vehicle classes to fulfill consumer demands. This tendency ensures a consistent need for power window motors, making them vital in vehicles.

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

How big is the automotive power window motor market?+

The market size of automotive power window motor reached USD 8.8 billion in 2023 and is projected to grow at a 4.8% CAGR from 2024 to 2032, driven by rising vehicle manufacturing in emerging regions.

What is the market share of the DC brushed motors segment in the automotive power window motor industry?+

The DC brushed motors segment accounted for over 65% of the market share in 2023 and is expected to exceed USD 8.2 billion by 2032, led by consumer demand for durable, low-maintenance window mechanisms.

How significant is China's contribution to the automotive power window motor market?+

China accounted for 40% of the revenue share in the market in 2023, driven by its status as the largest EV market and the demand for advanced, energy-efficient power window motors.

Who are the major players in the automotive power window motor industry?+

The key players in the industry include Aisin Shiroki, Bosch, Brose, Continental, Denso, Ficosa International, Hi-Lex, Inteva Products, Johnson Electric, and Valeo.

Automotive Power Window Motor Market Scope

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