Automotive Anti-pinch Power Window System Market size to grow by USD 2.37 billion from 2022 to 2027; The market is fragmented due to the presence of prominent companies like Acsysteme, Brose Fahrzeugteile SE and Co. KG & Continental AG, and many more - Technavio
NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The automotive anti-pinch power window system market is estimated to grow by USD 2.37 billion from 2022 to 2027, growing at a CAGR of 10.51%. The automotive anti-pinch power window system market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive anti-pinch power window system market are Acsysteme, Brose Fahrzeugteile SE and Co. KG, Continental AG, DENSO Corp., Grupo Antolin Irausa SA, Inteva Products LLC, Leopold Kostal GmbH and Co KG, LITE ON Technology Corp., Mabuchi Motor Co. Ltd., Magna International Inc., Microchip Technology Inc., Nidec Corp., NSB Classic PTE LTD, NXP Semiconductors NV, Panasonic Holdings Corp., Robert Bosch GmbH, Stoneridge Inc., Texas Instruments Inc., Valeo SA, and Mitsuba Corp.
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Based on the Automotive Anti-pinch Power Window System Market report, key company offerings are:
- Acsysteme: The company offers automotive anti-pinch power window system with physical sensor, and soft sensor which consists of real time evaluation of resistive efforts preventing the door from closing.
- Brose Fahrzeugteile SE and Co. KG: The company offers automotive anti-pinch power window system such as crank drive for lowerable windows that maximize the scope of delivering with aluminum inner door panel with sensor technology.
- Continental AG: The company offers automotive anti-pinch power window systems with intelligent power window lifter control units which are controlled with body control modules, door control units.
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Based on Geography, the market is classified as APAC, Europe, North America, Middle East and Africa, and South America. APAC will have the largest share of the market. APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Some of the main countries that are significantly fuelling the growth of the anti-pinch power window system in APAC are China, Japan, and Australia. There is increasing demand from emerging markets like India, China, Thailand, and Indonesia, which is driving market growth. Additionally, advancements in technology, growing product awareness, and the inclusion of safety norms in several countries are expected to further fuel market expansion. This development is influenced by factors such as consumer preferences, vehicle automation, touch-sensitive technology, anti-trap features, automotive sensors, electric vehicle (EV), market growth, user experience, power window mechanism, energy efficiency, and the competitive landscape, shaping the future of luxury vehicle markets in the APAC region.
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- Increasing safety systems in the automotive industry is a key factor driving market growth
- The increasing popularity of additive manufacturing in the automotive industry is a major trend
- Increasing cost pressure for OEMs is a significant challenge
Based on the automotive anti-pinch power window system market, the market share growth by the luxury vehicle segment is significant growth during the forecast period. Luxury vehicles represent a category of automobiles designed to evoke exclusivity and elevate brand prestige. Notably, this segment features advanced anti-pinch power window systems, enhancing safety and convenience. Luxury vehicles are characterized by their higher price tags compared to other vehicle types. German automakers, particularly Mercedes-Benz, dominate this segment globally. The demand for luxury SUVs is growing, leading to an expansion in this market segment. This trend is evident in both developed markets like the US and emerging markets like China, driving segment growth. These developments are influenced by various factors such as Automotive, Anti-pinch, Power window, Safety, Vehicle, Window control, Automotive technology, Market trends, Electric windows, Sensor technology, Smart automotive systems, Advanced driver-assistance systems (ADAS), Passenger safety, Regulatory compliance, Motorized windows, Automotive electronics, Innovation, Automotive aftermarket, and Original Equipment Manufacturer (OEM), reflecting the comprehensive landscape of luxury vehicle trends and technologies.
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TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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SOURCE Technavio
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