The Automotive Window Regulator Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.
Based on vehicle type, automotive window regulator market is classified into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). Passenger cars have major share with its use by public and rapid increase in sales of compact and sub compact cars. Passenger car manufacturers are providing better functionality and services to attract more number of customers. LCV and HCV have nascent share and have slow growth due to their developing usage.
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Europe, led by Germany has substantial share in automotive window regulator market owing to well established and booming automobile industry hosting big players namely Audi and Volkswagen. Latin America has witnessed slow growth due to decrease in production and sales of automobile.
Asia Pacific has significant share in global automotive window regulator market owing to increase in automobiles sales in various countries. Purchasing power of people has enhanced with strengthening economy and they are availing the product. Additionally, presence of major manufacturers such as Brose, Shiroki Corporation, Hi Lex, Technico Industries in Japan has fuelled the product demand.
On the basis of type, automotive window regulator market is segmented into scissor type and cable type. Cable type has larger share as these are compact in size and light in weight. This reduces overall weight of automobiles that improves efficiency of vehicle and reduces emissions. Stringent norms of government organizations such as Environmental Protection Agency norms for vehicular emission have boosted its usage. Further, ease in construction of cable type has augmented its demand.
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Advancement in infrastructure and growing consumer sentiments have driven vehicles demand and fuelled automotive regulators usage. OEMs are increasing their market penetration by setting up manufacturing plants in emerging economies. Additionally, banks and financial institutions are coming up with various loan schemes making it easy for people to own a car. Such factors are anticipated to further boost automotive window regulator market in next seven years.
Window regulator is an automobile component required for controlling glass panel. Technology advancement has led to its transformation from manual to single press regulator. Power window is gaining popularity among consumers owing to its convenience and easy operation. Further, technologies such as central lock and child lock has shifted customer focus from manual to automatic operator. This helps to operate vehicle window with a single switch. However, fluctuation of economies in regions such as Europe may reduce automotive production that may affect automotive window regulator market.
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Major players in automotive window regulator market are Wonh Industries Company, TRAC Auto, Car international, APM Auto Parts, Valeo, CI Car International, Shiroki, I Yuan Precision Industrial Company, Kwanjin India and Columbia Engineers. Companies are indulged in collaborations with automobile manufacturers to increase their long-term business. For instance, Wonh Industries has undergone an agreement and is OEM for Great Wall Motors, Beiqi Group, Lifan Car, Geely and Zoyte Group.