Automotive Anti-Pinch Power Window System Market Overview, Dynamics, Trends and Scope for Customization
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.
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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<strong>Automotive</strong> <strong>Anti</strong>-<strong>Pinch</strong> <strong>Power</strong> <strong>Window</strong> <strong>System</strong> <strong>Market</strong> by Type, End-Use,<br />
Size, Share, Development, Growth <strong>and</strong> Dem<strong>and</strong> Forecast, 2013-2023<br />
www.psmarketresearch.com
<strong>Automotive</strong> <strong>Anti</strong>-<strong>Pinch</strong> <strong>Power</strong> <strong>Window</strong> <strong>System</strong> <strong>Market</strong><br />
<strong>Automotive</strong> <strong>Anti</strong>-<strong>Pinch</strong> <strong>Power</strong> <strong>Window</strong> <strong>System</strong> <strong>Market</strong> is projected to reach $3,611.2 million by 2023, growing at<br />
a CAGR of 12.0% during 2017 – 2023.<br />
As per the research, the global automotive anti-pinch power window system market is expected to grow from<br />
$1,690.2 million in 2016 to $3,611.2 million by 2023. The increase in vehicle production <strong>and</strong> growing dem<strong>and</strong> <strong>for</strong><br />
luxury vehicles are driving the market <strong>for</strong> automotive anti-pinch power window system market. Increasing<br />
awareness regarding automotive safety is also a factor contributing to the expansion of the automotive antipinch<br />
power window system market.<br />
P&S Intelligence
<strong>Automotive</strong> <strong>Anti</strong>-<strong>Pinch</strong> <strong>Power</strong> <strong>Window</strong> <strong>System</strong> <strong>Market</strong><br />
Based on the type, automatic windows accounted <strong>for</strong> the larger revenue in automotive power window system<br />
market, with over 80% share in 2016. The major factor driving of its dem<strong>and</strong> in automatic windows are rise in<br />
vehicle electrification <strong>and</strong> growing awareness toward advanced safety features. Passenger cars were the largest<br />
user of anti-pinch power window systems due to rapidly growing automotive industry, especially in emerging<br />
countries including India, China, Brazil <strong>and</strong> South Africa.<br />
The major factor driving the growth of the automotive anti-pinch power window system market is rise in the<br />
dem<strong>and</strong> of passenger cars worldwide. The mid- priced passenger cars accounted <strong>for</strong> more than 30% of global<br />
sales in 2016, <strong>and</strong> the market size is expected to increase during the <strong>for</strong>ecast period due to rise in per capita<br />
income <strong>and</strong> economic developments.<br />
P&S Intelligence
<strong>Automotive</strong> <strong>Anti</strong>-<strong>Pinch</strong> <strong>Power</strong> <strong>Window</strong> <strong>System</strong> <strong>Market</strong><br />
Some of the major players involved are Robert Bosch GmbH, Continental AG, Delphi <strong>Automotive</strong> PLC, Magna<br />
International Inc., Brose Fahrzeugteile GmbH & Co. <strong>and</strong> NXP Semiconductors. Product launches <strong>and</strong> strategic<br />
partnerships have been the major recent developments in the automotive anti-pinch power window system<br />
market.<br />
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P&S Intelligence
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