Automotive Window Regulator Market to Grow at Volume CAGR of 3.3% Through 2027
Verfasser: pradnya_86 on Wednesday, 19 July 2017The Passenger Cars segment is projected to grow at a relatively fast pace in the global market
The Passenger Cars segment gained 40 BPS from 2012 to 2017 and is projected to gain 110 BPS between 2017 and 2027. The segment dominates in comparison to the LCV and HCV segments owing to an increased production of passenger cars. The Passenger Cars segment is projected to create total incremental $ opportunity of more than US$ 5,000 Mn between 2017 and 2027. The segment is expected to account for close to 90% share of the global market absolute $ incremental opportunity and is anticipated to grow 1.5X in terms of value between 2017 and 2027. The Passenger Cars segment is expected to maintain its dominance in the market throughout the forecast period in terms of value. This is mainly attributed to the comparatively high sales of passenger cars especially in the Asia Pacific, Latin America and Eastern Europe regions. The Passenger Cars segment is projected to account for a relatively large share in terms of both value and volume, while the HCV segment will account for a relatively low market value share by 2027.
Increasing number of vehicle sales and companies shifting from manual to automated window regulators likely to boost the global automotive window regulator market