PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587663
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587663
According to Stratistics MRC, the Global Window Lift Motors Market is accounted for $3.5 billion in 2024 and is expected to reach $3.8 billion by 2030 growing at a CAGR of 1.6% during the forecast period. Window lift motors are electric devices used in vehicles to control the operation of power windows. These motors enable the automatic raising and lowering of vehicle windows with a simple push of a button, enhancing convenience and safety for passengers. Typically mounted within the door panel, window lift motors convert electrical energy into mechanical motion, utilizing gears and cables or tracks to facilitate window movement.
According to the Motor & Equipment Manufacturers Association, the total foreign direct investment in the US automotive industry reached USD 143.3 billion in 2019.
Increasing automotive production
Increasing automotive production to meet growing consumer demand, the need for efficient and reliable power window systems rises correspondingly. With advancements in automotive technology and consumer preferences shifting towards electric and automated systems, more vehicles are being equipped with power windows. This trend is particularly evident in electric vehicles, where window lift motors are essential. Consequently, the expansion of automotive production directly boosts the market for window lift motors, supporting industry growth and innovation.
Supply chain disruptions
Supply chain disruptions can be caused by many Global events, such as the COVID-19 pandemic, trade restrictions, and natural disasters, can interrupt manufacturing processes, leading to shortages of raw materials and finished products. These delays result in increased production costs and extended lead times, which may deter automotive manufacturers from introducing new models or upgrading existing ones. Consequently, the overall market growth is affected, as demand for window lift motors remains unfulfilled during such disruptions.
Growth in electric vehicles
The growth of electric vehicles (EVs) s often feature enhanced power window systems that require efficient, high-performance window lift motors. As consumers favour electric and hybrid models, automakers are investing in innovative components that improve energy efficiency and user experience. Additionally, the trend toward smart and automated vehicle features further drives the need for sophisticated window lift systems and market, positioning them as essential components in the evolving automotive landscape.
Alternative technologies
Alternative technologies and advancements in smart glass technology allow windows to tint or darken automatically, reducing the need for manual window adjustments. Additionally, the rise of fully autonomous vehicles may shift focus away from traditional window lift systems, as these vehicles often use advanced materials and designs that integrate window functions differently. Furthermore, increased consumer preference for lightweight materials may lead to the adoption of simpler window systems, reducing demand for conventional window lift motors.
Covid-19 Impact
The COVID-19 pandemic significantly impacted the window lift motors market, causing disruptions in production and supply chains due to lockdowns and restrictions. With reduced automotive manufacturing and a decline in vehicle sales during the early stages of the pandemic, demand for window lift motors decreased. However, as economies reopened, a gradual recovery began, driven by resurgence in automotive production and increased demand for electric vehicles. The shift toward advanced automotive technologies is also expected to shape the market's future growth.
The AC motors segment is expected to be the largest during the forecast period
The AC motors segment is projected to account for the largest market share during the projection period, due to cost-effective power for automotive window systems. Known for their efficiency, durability, and low maintenance, AC motors are widely used in electric window lifts due to their consistent performance and ability to handle varying load conditions. As automotive manufacturers increasingly adopt electric and hybrid vehicles, AC motors play a key role in enhancing vehicle comfort and convenience features like power windows. Their integration into modern vehicles, along with advancements in automation, is driving growth in the window lift motors market.
The sunroofs segment is expected to have the highest CAGR during the forecast period
The sunroofs segment is projected to have the highest CAGR in the window lift motors market during the extrapolated period, due to increased demand for advanced window mechanisms in vehicles. As consumer preferences shift toward enhanced vehicle aesthetics and comfort, manufacturers are incorporating sunroofs in more vehicle models. Additionally, the growing popularity of panoramic sunroofs in premium vehicles boosts the market, as they require sophisticated lifting systems for smooth operation, thereby expanding opportunities for motor manufacturers.
The Asia Pacific region is projected to account for the largest market share during the forecast period due to the raised automotive production. Rapid urbanization and rising disposable incomes are leading to higher vehicle ownership rates, particularly in countries like China and India. The shift towards electric vehicles is further propelling the market, as manufacturers seek efficient and reliable window lift solutions. Additionally, technological advancements in motor design and integration with smart vehicle systems enhance functionality, creating significant opportunities for growth in this dynamic market.
During the estimation period, the North America region is forecasted to record the highest growth rate, owing to increased automotive production and rising consumer demand for advanced vehicle features. The region's strong emphasis on vehicle safety and comfort drives the adoption of power windows, including sunroofs and panoramic roofs. Moreover, the shift towards electric vehicles (EVs) enhances the need for efficient window lift systems. Key players are focusing on technological innovations and collaborations to improve motor performance, further propelling market expansion.
Key players in the market
Some of the key players profiled in the Window Lift Motors Market include Bosch Automotive, Denso Corporation, Magneti Marelli, Johnson Electric, Valeo, Continental AG, Aisin Seiki Co., Ltd., Delphi Technologies, Thyssenkrupp AG, Calsonic Kansei Corporation, Brose Fahrzeugteile, Zhejiang Hailiang Co., Ltd., Fujikura Ltd., Hitachi Automotive Systems, JTEKT Corporation, Hyundai Mobis, Mitsuba Corporation, Schaeffler Group, NTN Corporation and GKN Automotive.
In October 2024, Continental launched a range of new electric vehicle compressors, specifically designed for battery-electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs). These compressors focus on improving energy efficiency and reducing vehicle weight.
In September 2024, Continental introduced its latest compressor systems specifically designed for commercial electric vehicles. These systems are crucial for maintaining optimal performance and efficiency in various types of electric vehicles, including battery-electric and hydrogen-powered models.