Global Automotive Soft-close Door Market 2017-2021

Overview of the global automotive soft-close door market

The global automotive soft-close door market is anticipated to grow at a steady rate and will post a CAGR of close to 8% during the forecast period. The growing demand for luxury vehicles will drive the growth prospects for the global automotive soft-close door market for the next four years. The luxury vehicle segment is one of the major market segments that exhibits a high percentage of demand for soft-close door features. Though the cost of installation of these features is quite high, the consumers highly prefer the soft-close door feature in their vehicles. This feature enables the door to be closed gently with the help of a sensor mounted near the latch, which detects the door within half an inch and actuates a motor that pulls the door to a full shut position. Also, with the growing demand for luxury vehicles among consumers, the market’s growth will further increase. Furthermore, it has been observed that despite the growing uncertainty regarding increased interest rates by the Federal Reserve, the demand for vehicles has been robust across the world.

The integration of central locking system with soft-close door system will drive the growth prospects for the global automotive soft-close door market until the end of 2021. Central door locking system is an electromechanical system used for the electronic locking of doors in a vehicle. The components of central door locking system include a remote controller, electronic control module, actuators, solenoid, and motor. Since central locking system is popular and can be found in most of the automobiles today, the preference for integrating the soft-close door system with the central locking system will increase in the market.

Competitive landscape and key vendors

The global automotive soft-close door market is highly competitive due to the presence of several vendors across the globe. Many of these vendors manufacture locks, handles, and hinges for various vehicles. In addition, some of these vendors increasingly focus on expanding their product portfolio by introducing electromechanical components for hoods, doors, seats, and tailgates.

Key vendors in this market are -

• Brose
• Continental
• Johnson Electric
• Kiekert
• U-Shin

Other prominent vendors in the market include SlamStop, Witte, Mabuchi Motor, Hoerbiger, IFB Automotive, MITSUBA, Inteva Products, STMicroelectronics, and TLX Technologies.

Segmentation by fitment type and analysis of the automotive soft-close door market

• OEM
• Aftermarket

The OEM segment accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment’s growth is the rising disposable income that will increase the demand for premium and ultra-premium vehicles among the consumers.

Segmentation by geography and analysis of the automotive soft-close door market

• Americas
• APAC
• EMEA

In terms of geography, EMEA accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. Since Germany, France, and the UK are the major hubs for automobile manufacturing companies, the market’s growth prospects in this region will increase over the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive soft-close door market?
• What are the key market trends impacting the growth of the global automotive soft-close door market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive soft-close door market?
• What are the market opportunities and threats faced by the vendors in the global automotive soft-close door market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global automotive soft-close door market?

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