Automotive Anti-Pinch Power Window System Market Outlook
The automotive anti-pinch power window system market is expected to generate a revenue of $3,611.2 million by 2023. Progressing at a 12.0% CAGR during the forecast period (2017–2023). When type is taken into consideration, the market is bifurcated into manual and automatic, between which. The automatic bifurcation held the larger share of the market in the past. This is due to the increasing vehicle electrification and surging awareness regarding innovative safety features. On the basis of end user, the market is divided into commercial vehicles and passenger vehicles.
The number of passenger vehicles across the globe has risen considerably over the past few years. The sales of mid-priced passenger cars reached more than 30% among the global sales, in 2016. And the industry is further expected to advance at a considerable rate in the years to come. This is ascribed to the increasing disposable income of people and strong economic growth in various countries. Furthermore, over 60% of passenger car sales is accounted for by developing countries, where the sales are predicted to increase by 5%–6% by 2020. This growing demand for passenger vehicles is leading to the rising demand for automotive anti-pinch power window.
The anti-pinch technology is utilized as a safety system in modern vehicles that are integrated with power windows, which use an electric motor for operating. The anti-pinch technology avoids the winding up of the power window. In case the system senses any hurdle in the path of the glass, it stops the window glass from moving up, thereby preventing possible injuries to the passengers and drivers. It is due to such advantages of this technology that the automotive anti-pinch power window system market is expected to progress at a considerable rate in the years to come.
Automotive Anti-Pinch Power Window System Market Size
The demand for this technology in the automotive sector has been growing due to the increasing electrification of vehicles and the rising awareness regarding safety features among customers. In addition to this governments of various countries are also implementing various policies and are taking several initiatives to make sure that the safety of vehicles is increased. The demand for this technology is particularly high for luxury cars in emerging economies. Since the technology is considerably new it is mostly integrated in luxury vehicles. This factor is further driving the demand for luxury vehicles in various countries.
Between these two, the passenger vehicles division accounted for the major share of the market in the past. Owing to the swiftly growing automotive industry, primarily in developing countries, such as Brazil, India, South Africa, and China. As per a report by P&S Intelligence North America and Europe together accounted for about 70.0% of the global automotive anti-pinch power window system market in 2016. This can be attributed to the strict safety norms regarding vehicle safety, rise in vehicles export and production, technological advancements, and increasing investments in the automotive industry.
Hence, the demand for the anti-pinch technology is growing due to the rising sales of passenger vehicles, increasing demand for luxury vehicles, electrification of vehicles.
Automobile giants, such as Tata Motors, Audi, Honda, General Motors, BMW, Toyota Motors, Hyundai, Lexus, Mercedes-Benz, Volvo, and Land Rover, provide anti-pitch feature as an optional or standard offering in some of their car models. The increasing preference for luxury vehicles in emerging economies is expected to amplify the demand for anti-pinch power window systems by carmakers in the years to come. Additionally, luxury cars equipped with the anti-pinch feature are mostly produced for customers from developed nations, due to the high disposable income.
In addition to the luxury cars automotive manufacturers are also installing anti-pitch power window systems in small and medium segment cars. Owing to the increasing demand for these systems in the entry-level and mid-priced vehicles from developing nations of South Africa, Brazil, and India. Moreover, the demand for these systems from the automobile sector is surging due to the increasing focus on advanced safety systems. Due to these factors, the automotive anti-pinch power window system market is expected to generate $3,611.2 million revenue by 2023. While showcasing a CAGR of 12.0% during the forecast period (2017–2023).
Additionally stringent safety regulations laid down by various regulatory bodies across the world have led to the replacement of mechanical equipment with automatic components like anti-pinch widows. Automotive OEMs and suppliers are focusing on enhancing the efficiency of the automobiles. Because of the increasing demand for advanced safety features from consumers. The automakers are constantly developing technically advanced and innovative safety systems and integrating these systems with vehicles to comply with safety standards.
The automotive anti-pinch is also a safety system that is used in the power windows of a car to prevent the winding up of the windows as soon as they perceive any obstacle in the path of the glass. These obstacles are identified by a sensor installed in an electric motor of the car. The sensor can identify any resistive force acting against the direction of the glass. Immediately after the obstacle is detected by the motor, the windows stop closing immediately and start operating in the reverse direction. These window systems assist in bringing down the windows to avoid any injury to the driver or the passenger.
Automotive Anti-Pinch Power Window System Market Key Compnay
The competitive landscape of the automotive anti-pinch power window system market is dominated by tier-1 players that are present across the globe. These players include NXP Semiconductors, Continental AG, Brose Fahrzeugteile GmbH &Co., Inteva Products LLC, Robert Bosch GmbH, DENSO Corp., Leopold Kostal GmbH & Co. KG, Delphi Automotive PLC, and Magna International Inc. The companies are working toward gaining a competitive edge by taking strategic measures like product launches and partnerships.
Globally, North America and Europe collectively accounted for majority share of the automotive anti-pinch power window system market in 2016. This is attributed to the rise of vehicle production and export, technological developments. Surge in investments, and stringent safety legislations toward vehicle safety. Due to these features, the adoption of the anti-pinch power window systems is increasing tremendously in these regions.
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the market and their service offerings
The research offers historical market size of the global automotive anti-pinch power window system market for the period 2013 – 2016. And market forecast for the period 2017 – 2023.
GLOBAL AUTOMOTIVE ANTI-PINCH POWER WINDOW SYSTEM MARKET
- By Type – Automatic and Manual
- By End-Use – Passenger Cars and Commercial Vehicles
- By Region – Asia-Pacific (APAC), Europe, North America and Rest of the World (RoW)
GLOBAL AUTOMOTIVE ANTI-PINCH POWER WINDOW SYSTEM MARKET, BY GEOGRAPHY
- By Type
- By End-use
- By Country – Germany, Spain, U.K., France, Italy and Rest of Europe
- By Type
- By End-use
- By Country – The U.S., Canada and Mexico
- By Type
- By End-use
- By Country –China, Japan, India, South Korea and Rest of APAC
Rest of the World (RoW)
- By Type
- By End-use
- By Country – Brazil, Russia, South Africa, Argentina and Rest of RoW