Automotive Anti-Pinch Power Window System Market to Reach $3,611.2 Million by 2023

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. Major automakers including Audi, BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Ford Motors, and Tata Motors, are some of the well-known brands that offer anti-pinch power window system as standard or optional feature in some of their cars. For instance, Hyundai Santa Fe comes with anti-pinch feature as well as auto-down feature in all the front power windows.

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Europe and North America collectively accounted for nearly 70% of the global automotive anti-pinch power window system market in 2016. The major factors contributing to the growth of the market in these two regions are increase in vehicle production and export, stringent safety norms toward vehicle safety, huge investments and technological advancements. The European car sales increased by over 6% in 2016.

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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.

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