Automotive Power Window Motor Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022 Pages: 144 SKU: IRTNTR44897

The automotive power window motor market share is expected to increase to USD 5.06 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.74%.

This automotive power window motor market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive power window motor market segmentation by application (passenger cars and commercial vehicles) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The automotive power window motor market report also offers information on several market vendors, including Aisin Corp., Brose Fahrzeugteile SE and Co. KG, Continental AG, DENSO Corp., General Motors Co., HI LEX Corp., Inteva Products LLC, Jiangxi Dellsun Auto Motor Co. Ltd., Johnson Electric Holdings Ltd., KUSTER Holding GmbH, Mabuchi Motor Co. Ltd., Magna International Inc., Mitsuba Corp., Ningbo Hengte Auto Parts Co. Ltd., Robert Bosch GmbH, Shenzhen Power Motor Industrial Co. Ltd., Standard Motor Products Inc., and Valeo SA among others.

What will the Automotive Power Window Motor Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Automotive Power Window Motor Market Size for the Forecast Period and Other Important Statistics

 

Automotive Power Window Motor Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing adoption of a power window system is notably driving the automotive power window motor market growth, although factors such as possible malfunctions in power window motor markets may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive power window motor industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Power Window Motor Market Driver

One of the key factors driving the global automotive power window motor market growth is the growing adoption of power window systems. The demand for safety and occupant convenience is fostering the adoption of automobile safety systems, such as power window systems, and subsequently, fostering the demand for automotive power window motors. Moreover, the penetration of the power window system is also increasing in the commercial vehicle segment as well. As the penetration of power window systems is low in APAC as compared with North America and Europe, therefore, there is a wider scope for adoption of power window systems as a standardized and essential feature in vehicles, especially in entry and mid-level LCVs and M and HCVs. Such factors will boost the growth of the market in focus.

Key Automotive Power Window Motor Market Trend

Increasing adoption of anti-pinch technology in the power window systems is one of the key automotive power window motor market trends that is expected to impact the industry positively in the forecast period. Anti-pinch technology is an active safety system provided in the power windows, sunroofs, sliding doors, lift gates, and tailgates of modern vehicles. The anti-pinch technology averts the winding up of the window if it senses an obstacle. The power window motor is fitted with a sensor to sense the obstacle and thus prevent the winding up of the window. The seventh generation of anti-pinch technology is anticipated to provide acoustics benefits, reduced package space, and precise control of the speed window regulator. This will further support the market growth in the forecast years.

Key Automotive Power Window Motor Market Challenge

One of the key challenges to the global automotive power window motor market growth is the possible malfunctions in power window motors. For instance, front power windows are easily jammed as power window motors and regulators are repeatedly used while driving. The malfunction can also cause due to faulty window regulator, faulty cable pulley or window switch, and broken motor. In addition, the snow or low temperature can freeze the window glass to the frame, where the motor would need to exert more force for opening and closing the windows. The repairing cost of power window systems is expensive. On average, the repair cost of a power window system is between $300 to $450. The replacement of the motor and regulator assembly itself costs around $250 to $300. Such factors may challenge the market growth during the forecast period.

This automotive power window motor market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global automotive power window motor market as a part of the global auto parts and equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive power window motor market during the forecast period.

Who are the Major Automotive Power Window Motor Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Aisin Corp.
  • Brose Fahrzeugteile SE and Co. KG
  • Continental AG
  • DENSO Corp.
  • General Motors Co.
  • HI LEX Corp.
  • Inteva Products LLC
  • Jiangxi Dellsun Auto Motor Co. Ltd.
  • Johnson Electric Holdings Ltd.
  • KUSTER Holding GmbH
  • Mabuchi Motor Co. Ltd.
  • Magna International Inc.
  • Mitsuba Corp.
  • Ningbo Hengte Auto Parts Co. Ltd.
  • Robert Bosch GmbH
  • Shenzhen Power Motor Industrial Co. Ltd.
  • Standard Motor Products Inc.
  • Valeo SA

 

This statistical study of the automotive power window motor market encompasses successful business strategies deployed by the key vendors. The automotive power window motor market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

  • Aisin Corp. - Aisin Corp. is a public company headquartered in Japan. It is a global company generating $34,081.67 million in revenues and has around 120,000 employees. Its revenue from the global automotive power window motor market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automotive power window motor market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automotive Power Window Motor Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automotive power window motor market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Automotive Power Window Motor Market?

For more insights on the market share of various regions Request for a FREE sample now!

46% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive power window motors in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in the demand for power window motors owing to the high adoption of power window systems in commercial vehicles will facilitate the automotive power window motor market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic led to the temporary shutdown of the automotive industry in several countries across APAC, which led to a decline in the production of automobiles and related components in 2020. However, the easing of COVID-19-related lockdown restrictions, the resumption of operations in the automotive industry, and the initiation of mass COVID-19 vaccination drives led to the regional market growth in 2021. Therefore, the regional automotive power window motor market is expected to witness steady growth during the forecast period.

What are the Revenue-generating Application Segments in the Automotive Power Window Motor Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The automotive power window motor market share growth by the passenger cars segment will be significant during the forecast period. Almost all the new passenger cars that are launched in the market are equipped with power windows as a standard and essential feature for convenience and safety. The anti-trap power window system is a safety function that prevents the power window system from winding when an obstacle is detected. In the automotive power window system, the power window motor is equipped with a sensor, which can sense any obstacle and stop winding up the windows accordingly. Such factors will drive the growth of the global automotive power window motor market for the passenger car segment during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive power window motor market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in:

Automotive Window Power Sunshade- The market share is expected to increase to USD 1.19 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.74%.

Automotive Power Window Switch -The market share is expected to increase to USD 1.46 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.34%.

Automotive Power Window Motor Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.74%

Market growth 2022-2026

$ 5.06 billion

Market structure

Fragmented

YoY growth (%)

15.36

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aisin Corp., Brose Fahrzeugteile SE and Co. KG, Continental AG, DENSO Corp., General Motors Co., HI LEX Corp., Inteva Products LLC, Jiangxi Dellsun Auto Motor Co. Ltd., Johnson Electric Holdings Ltd., KUSTER Holding GmbH, Mabuchi Motor Co. Ltd., Magna International Inc., Mitsuba Corp., Ningbo Hengte Auto Parts Co. Ltd., Robert Bosch GmbH, Shenzhen Power Motor Industrial Co. Ltd., Standard Motor Products Inc., and Valeo SA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Automotive Power Window Motor Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive automotive power window motor market growth during the next five years
  • Precise estimation of the automotive power window motor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive power window motor industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive power window motor market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Passenger cars - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Passenger cars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Passenger cars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Passenger cars - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Passenger cars - Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial vehicles - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Commercial vehicles - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Commercial vehicles - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Aisin Corp.
              • Exhibit 89: Aisin Corp. - Overview
              • Exhibit 90: Aisin Corp. - Business segments
              • Exhibit 91: Aisin Corp. - Key offerings
              • Exhibit 92: Aisin Corp. - Segment focus
            • 10.4 Brose Fahrzeugteile SE and Co. KG
              • Exhibit 93: Brose Fahrzeugteile SE and Co. KG - Overview
              • Exhibit 94: Brose Fahrzeugteile SE and Co. KG - Product / Service
              • Exhibit 95: Brose Fahrzeugteile SE and Co. KG - Key news
              • Exhibit 96: Brose Fahrzeugteile SE and Co. KG - Key offerings
            • 10.5 Continental AG
              • Exhibit 97: Continental AG - Overview
              • Exhibit 98: Continental AG - Business segments
              • Exhibit 99: Continental AG - Key news
              • Exhibit 100: Continental AG - Key offerings
              • Exhibit 101: Continental AG - Segment focus
            • 10.6 DENSO Corp.
              • Exhibit 102: DENSO Corp. - Overview
              • Exhibit 103: DENSO Corp. - Business segments
              • Exhibit 104: DENSO Corp. - Key news
              • Exhibit 105: DENSO Corp. - Key offerings
              • Exhibit 106: DENSO Corp. - Segment focus
            • 10.7 General Motors Co.
              • Exhibit 107: General Motors Co. - Overview
              • Exhibit 108: General Motors Co. - Business segments
              • Exhibit 109: General Motors Co. - Key news
              • Exhibit 110: General Motors Co. - Key offerings
              • Exhibit 111: General Motors Co. - Segment focus
            • 10.8 Inteva Products LLC
              • Exhibit 112: Inteva Products LLC - Overview
              • Exhibit 113: Inteva Products LLC - Product / Service
              • Exhibit 114: Inteva Products LLC - Key offerings
            • 10.9 Johnson Electric Holdings Ltd.
              • Exhibit 115: Johnson Electric Holdings Ltd. - Overview
              • Exhibit 116: Johnson Electric Holdings Ltd. - Business segments
              • Exhibit 117: Johnson Electric Holdings Ltd. - Key offerings
              • Exhibit 118: Johnson Electric Holdings Ltd. - Segment focus
            • 10.10 Mitsuba Corp.
              • Exhibit 119: Mitsuba Corp. - Overview
              • Exhibit 120: Mitsuba Corp. - Business segments
              • Exhibit 121: Mitsuba Corp. - Key offerings
              • Exhibit 122: Mitsuba Corp. - Segment focus
            • 10.11 Robert Bosch GmbH
              • Exhibit 123: Robert Bosch GmbH - Overview
              • Exhibit 124: Robert Bosch GmbH - Business segments
              • Exhibit 125: Robert Bosch GmbH - Key news
              • Exhibit 126: Robert Bosch GmbH - Key offerings
              • Exhibit 127: Robert Bosch GmbH - Segment focus
            • 10.12 Valeo SA
              • Exhibit 128: Valeo SA - Overview
              • Exhibit 129: Valeo SA - Business segments
              • Exhibit 130: Valeo SA - Key news
              • Exhibit 131: Valeo SA - Key offerings
              • Exhibit 132: Valeo SA - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive power window motor market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis