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Global Automotive Door Latch Market 2018-2022

  • Published: Mar 2018
  • Pages: 93
  • SKU: IRTNTR21726
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The automotive door latch market size will grow by USD 2.49 billion during 2018-2022. This report offers an analysis of the market based on vehicle types (passenger cars and commercial vehicles) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including AISIN SEIKI, Brose Fahrzeugteile, Grupo Antolin, Kiekert, and Magna International.

Below are some of the key findings from the automotive door latch market research report

 

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Global automotive door latch industry overview

The growing focus on smart door latches will be a crucial driver for the automotive door latch market's growth. OEMs are concentrating on installing smart door latches in their vehicles. The passenger car segment is observing an incremental increase in the adoption of automotive latches. Smart door latches operate electronically with no rods, cables, or moving handles in the door. As the technology matures and becomes economical, other passenger cars will also be equipped with automotive door latches during the forecast period. The advantages of smart door latches include reduced weight, lesser design complexity of door modules, enhanced safety and acoustic characteristics, upgraded vehicle styling, and cost-effectiveness. Such factors will drive demand in the automotive door latch market during the forecast period

The rising need for premium cabin features is identified as a key automotive door latch market trends gaining prominence in the market. The automotive industry has seen a high demand for premium products due to the strong infrastructure development and increasing disposable income of middle-class households. The premium segment vehicles offer a wide range of featured door modules with the smart door latches. As a result, the rising demand for premium cabin features coupled with the growing focus on smart doors is expected to drive the global automotive door latch market at a CAGR of close to 4% during the forecast period.

Top automotive door latch companies covered in this market research report

The automotive door latch market is moderately fragmented. With the increasing demand for SUVs offering considerable growth opportunities, the players are increasingly focused on expanding their presence across the globe by developing innovative car handles and auto door latches. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive door latch industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • AISIN SEIKI
  • Brose Fahrzeugteile
  • Grupo Antolin
  • Kiekert
  • Magna International

Automotive door latch market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. APAC will dominate the market, accounting for an automotive door latch market share of 54.1%, followed by EMEA and the Americas respectively.

Automotive door latch market segmentation based on vehicle type

  • Passenger cars
  • Commercial vehicles

The passenger car segment will account for the highest growth in the market. Passenger cars will account for the largest segment in terms of both volume and value in the automotive industry. Additionally, the report also provides an accurate prediction of the contribution of the various vehicle type segments to the growth of the automotive door latch market size.

Key highlights of the global automotive door latch market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the automotive door latch market during the next five years
  • Precise estimation of the global automotive door latch market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive door latch industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of automotive door latch companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY VEHICLE TYPE

  • Segmentation by vehicle type
  • Comparison by vehicle type
  • Passenger cars – Market size and forecast 2017-2022
  • Commercial vehicles – Market size and forecast 2017-2022
  • Market opportunity by vehicle type

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increasing demand for SUVs
  • Rising demand for premium cabin features

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AISIN SEIKI
  • Brose Fahrzeugteile
  • Grupo Antolin
  • Kiekert
  • Magna International

PART 15: APPENDIX

  • 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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT WRITING

Qualitative

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

Quantitative

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