Please replace the release issued Dec. 1, 2020 with the following corrected version due to multiple revisions.
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Technavio has announced its latest market research report titled Automotive Power Window Motor Market by Application and Geography - Forecast and Analysis 2020-2024 (Graphic: Business Wire)
The updated release reads:
GLOBAL AUTOMOTIVE POWER WINDOW MOTOR MARKET TO GENERATE $ 518 MILLION REVENUE DURING 2020-2024 | 59% GROWTH TO ORIGINATE FROM APAC | TECHNAVIO
The automotive power window motor market is expected to grow by USD 518.04 million, progressing at a CAGR of over 2% during the forecast period.
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The growing adoption of the power window system is one of the major factors propelling the market growth. However, factors such as the high chances of power window motor malfunctioning will hamper growth.
More details: https://www.technavio.com/report/automotive-power-window-motor-market-industry-analysis
Automotive Power Window Motor Market: Application Landscape
Based on the application, the passenger car segment generated maximum revenue to the market in 2019. This can be attributed to the introduction of the power window system as a standard feature in entry and mid-segment vehicles. The market growth in the segment will be significant over the forecast period.
Automotive Power Window Motor Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 59% of the market’s overall growth is expected to originate from APAC. The growth of the market in APAC can be attributed to factors such as the adoption of advanced automobile safety systems such as power window system and the introduction of safety and convenience features in mid-level and entry-level vehicles.
China, Japan, and India are the key markets for automotive power window motor in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Related Reports on Consumer Discretionary Include:
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Companies Covered:
- Aisin Seiki Co. Ltd.
- Brose Fahrzeugteile SE & Co. KG
- Continental AG
- DENSO Corp.
- Grupo Antolin-Irausa SA
- Inteva Products LLC
- Johnson Electric Holdings Ltd.
- Mitsuba Corp.
- Robert Bosch GmbH
- Valeo SA
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger cars - Market size and forecast 2019-2024
- Commercial vehicles - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aisin Seiki Co. Ltd.
- Brose Fahrzeugteile SE & Co. KG
- Continental AG
- DENSO Corp.
- Grupo Antolin-Irausa SA
- Inteva Products LLC
- Johnson Electric Holdings Ltd.
- Mitsuba Corp.
- Robert Bosch GmbH
- Valeo SA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005887/en/
