Automotive Anti-Pinch Power Window System Market Size, Share, Development, Growth and Demand Forecast, 2013-2023
automotive anti-pinch power window system market © Rahul Gautam
Automotive Anti-Pinch Power Window System Market is projected to reach $3,611.2 million by 2023, growing at a CAGR of 12.0% during 2017 – 2023.
As per the research, the global automotive anti-pinch power window system market is expected to grow from $1,690.2 million in 2016 to $3,611.2 million by 2023. The increase in vehicle production and growing demand for luxury vehicles are driving the market for automotive anti-pinch power window system market. Increasing awareness regarding automotive safety is also a factor contributing to the expansion of the automotive anti-pinch power window system market.
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Based on the type, automatic windows accounted for the larger revenue in automotive power window system market, with over 80% share in 2016. The major factor driving of its demand in automatic windows are rise in vehicle electrification and growing awareness toward advanced safety features. Passenger cars were the largest user of anti-pinch power window systems due to rapidly growing automotive industry, especially in emerging countries including India, China, Brazil and South Africa.
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The major factor driving the growth of the automotive anti-pinch power window system market is rise in the demand of passenger cars worldwide. The mid- priced passenger cars accounted for more than 30% of global sales in 2016, and the market size is expected to increase during the forecast period due to rise in per capita income and economic developments.
Some of the major players involved are Robert Bosch GmbH, Continental AG, Delphi Automotive PLC, Magna International Inc., Brose Fahrzeugteile GmbH & Co. and NXP Semiconductors. Product launches and strategic partnerships have been the major recent developments in the automotive anti-pinch power window system market.
As per the research, the global automotive anti-pinch power window system market is expected to grow from $1,690.2 million in 2016 to $3,611.2 million by 2023. The increase in vehicle production and growing demand for luxury vehicles are driving the market for automotive anti-pinch power window system market. Increasing awareness regarding automotive safety is also a factor contributing to the expansion of the automotive anti-pinch power window system market.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/automotive-anti-pinch-power-window-system-market/report-sample
Based on the type, automatic windows accounted for the larger revenue in automotive power window system market, with over 80% share in 2016. The major factor driving of its demand in automatic windows are rise in vehicle electrification and growing awareness toward advanced safety features. Passenger cars were the largest user of anti-pinch power window systems due to rapidly growing automotive industry, especially in emerging countries including India, China, Brazil and South Africa.
Explore Full report Description At@ https://www.psmarketresearch.com/market-analysis/automotive-anti-pinch-power-window-system-market
The major factor driving the growth of the automotive anti-pinch power window system market is rise in the demand of passenger cars worldwide. The mid- priced passenger cars accounted for more than 30% of global sales in 2016, and the market size is expected to increase during the forecast period due to rise in per capita income and economic developments.
Some of the major players involved are Robert Bosch GmbH, Continental AG, Delphi Automotive PLC, Magna International Inc., Brose Fahrzeugteile GmbH & Co. and NXP Semiconductors. Product launches and strategic partnerships have been the major recent developments in the automotive anti-pinch power window system market.