Summary
Global Car Door Latch Market Information Report by Lock Type (Electronic and Non-Electronic), by Vehicle Type (Passenger Car and Commercial Vehicle), by Application (Side Door Latch, Hood Latch, Back Seat Latch, and Others) and Region - Forecast to 2022
Car Door Latch Market Overview
A car door latch is used in cars for purpose of safety and security. Electronic latches are generally used in cars due to increase in technology development. Technology development such as hand-free avoidance, super locking, child safety, and power closing are in demand by OEMs.
The global car door latch market is expected to account for USD 6.60 billion by 2022 with 5% CAGR.
Market Research Future has accumulated some significant factors that are positively impacting the global car door latch market in their growing years. One of the factors driving the growth of car door latch market is the growth in the automobile industry. This growth factor attributes to an increasing population, expansion of infrastructure, and development of suburbs.
Some more critical factors that are positively impacting the car door latch market are enhanced locking mechanisms, smart sensors, touch-enabled locking systems, and others. These are the latest innovations that have taken place and installed in the cars and are emerging rapidly with a promising future as well.
Most important, the car door latches are an essential tool for ensuring safety and making driving enjoyable and tension free. Also, the rising trend towards automobiles with security standards is likely to foster the growth of car door latch market in the years to come.
Car Door Latch Market Segmentation
In the reports of MRFR, the global car door latch market is further segmented by lock type, vehicle type, by application and by region.
By mode of lock type, the market includes segment such as electronic, non-electronic.
By mode of vehicle type, the market includes segment such as passenger car and commercial vehicle.
By mode of application, the market includes side door latch, hood latch, back seat latch, and others.
Key Players
The key players of global car door latch market are Aisin Seiki Co., Ltd. (Japan), Mitsui Mining and Smelting Co., Ltd.(Japan), Kiekert AG (Germany), Magna International, Inc. (U.S.), Strattec Security Co. (U.S.), U-Shin, Ltd. (Japan), Shivani Locks Pvt. Ltd. (India), Brose Fahrzeugteile Gmbh & Co. (Germany), Inteva Products, Llc. (U.S.), and Minda VAST Access Systems Pvt. Ltd. (India).
Regional Outlook: Global Car Door Latch Market
In the reports of MRFR, regionally, the market of car door latch has covered the major regions of North America, Europe, Asia-Pacific, and rest of the world.
Among them, the Asia Pacific region accounts for the largest share of the market owing to an increase in the production of the vehicle and growing sales of it. The immense disposable income has led to the growing sales of cars, which eventually has impacted the car door latch market positivity in this region. With this, the demand for luxury cars in countries like India and China, have also led to the demand for car door latch to increase substantially. Latches also have LED and power efficiency which gives an impressive interior of a car. This factor has also prompted the market for car door latch to a great extent.
The next emerging region for the market is in North America and Europe. These regions have seen promoting and adopting vehicle automation on a larger scale owing to the production of advanced car door latch mechanisms and smart car door latch systems. This is expected to showcase promising growth as significant car manufacturing companies focus on setting up production units in these regions.
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
A door latch system for an automotive vehicle uses a push-pull cable linked to a lock cylinder and to a latch to move the latch assembly into the locked position while simultaneously blocking the latches lock/unlock lever from moving into the unlocked position.Global Car Door Latch Application segment consists of Passenger Car and Commercial Vehicle.
Passenger Car segment was estimated to account for a sales share of 90% in 2018.
In 2018, the Passenger Car segment was estimated to be sales at 664 M Unit which is expected to increase at a CAGR of 3.1% over the forecast period.Global Car Door Latch Market: Forecast by Region: This report focuses on the Car Door Latch in global market, especially in North America, Europe, China, Japan and etc.
China is the dominant market in the global Car Door Latch market in terms of value.
The China Car Door Latch market was estimated to be valued at 1393 M USD in 2018 and is expected to expand at a value CAGR of 5.6% over the forecast period.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-car-door-latch-2019-2024-416According to this study, over the next five years the Car Door Latch market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 5622.6 million by 2024, from US$ 4742.1 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Car Door Latch business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Car Door Latch market by product type, application, key manufacturers and key regions and countries.This study considers the Car Door Latch value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.Side Door LatchBack Door LatchTrunk LatchHood LatchSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Passenger VehicleCommercial VehicleThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The objective of the study is to analyze and forecast (2016 to 2021) the market size, in terms of volume (’000 units) and value (USD billion), of the global automotive latch market.
The report segments the market by lock type, application, and vehicle type based on region namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).Car Door Latch Market by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2021Download our free PDF Brochure and gain crucial industry insights that will help your business grow:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82258051Target Audience of Car Door Latch MarketAutomobile OEMsAutomotive body and closure system associationsAutomotive Parts Manufacturers’ Association (APMA)Manufacturers of automotive latchesManufacturers of automotive latch actuatorsRaw material suppliersRequest for free Customization:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=82258051The electronic latch segment is estimated to be the fastest growing segment in the car door latch market.
The Asian automotive latch market is projected to be the largest market owing to increasing vehicle production and sales due to an increase in disposable income in countries like India and China.Request for sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=82258051Car Door Latch Market Key PlayersAisin Seiki Co., Ltd. (Japan),Mitsui Mining and Smelting Co., Ltd.(Japan),Kiekert AG (Germany),Magna International, Inc. (U.S.),Strattec Security Co. (U.S.),U-Shin, Ltd. (Japan),Shivani Locks Pvt.
Ltd. (India),Brose Fahrzeugteile Gmbh & Co. (Germany),Inteva Products, Llc.
(U.S.),Minda VAST Access Systems Pvt.
Ltd. (India).Search related reports· Transfer Case Market by Drive Type (Chain, Gear Driven), Shift Type (Electronic, Manual), Type (AWD, 4WD), Off-Highway (Construction Equipment, Farm Tractor), Ice & Hybrid Vehicle (Passenger Car, LCV, HCV, HEV, PHEV), and Region - Global Forecast to 2025.· Automotive ECU Market by Application, ECU Capacity (16-bit, 32-bit, 64 bit), Propulsion (BEVs, HEVs, ICE), Level of Autonomous Driving, Vehicle Type (LDV, HCV, Construction & Mining Equipment, Agricultural Tractors), and Region - Global Forecast to 2025 About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Global “Car Door Latch Market” 2019-2026 attempts to offer noteworthy and thoughtful insights into the current market situation and the emerging growth dynamics.
The complete research will enable the well-established as well as the emerging players to establish their business policies and accomplish their goals.About Car Door Latch MarketThe Car Door Latch market study considers various secondary and primary research results and extracts data from the past years to analyze the scope for growth of this market in the coming years.
Various growth factors that are essential to increasing market growth during both the base period and the forecast period have been recognized and are mentioned in the report.
These factors do not remain uniform and can vary from situation to situation and are also reliant on the types of products that are sold in the regions.
Inherent growth factors that can increase the market share during the forecast period from the year 2018 to the year 2026 are mentioned as well.Request For Sample PDF Report (Kindly Use Your Bussiness/Corporate Email Id to Get Priority): https://www.esticastresearch.com/report/car-door-latch-market/#request-for-sampleThe Car Door Latch Market Report contains in-depth information on key drivers, challenges, opportunities, industry trends, and market impact.
The Car Door Latch Market report also offers data on the company and operations, information on branding strategies, pricing, and target customers for the Car Door Latch market, list of distributors/traders offered by the business.
Market Synopsis As per the study by Market Research Future Reports (MRFR), the Global Car Door Latch Industry is projected to value USD 6.60 billion, thriving at a CAGR of 5% by the end of 2022.
The rapid population explosion is the major factor driving the global Car Door Latch Market Size The development of suburbs is a significant reason for assessing the growth of the market.
It results in the expansion of car door latch market.
The daily operations have come to a halt, which caused acute damage to the global economy.Market Segmentation The worldwide car door latch market can be segregated on the basis of vehicle type, application, lock type, and regions.On the basis of vehicle type, the worldwide car door latch can be classified into Commercial Vehicle and passenger car.
On the basis of regions, the worldwide car door latch can be classified into North America, Europe, Asia Pacific, and the Rest of the World.Browse complete report @ https://www.marketresearchfuture.com/reports/car-door-latch-market-2697Regional Analysis The regional evaluation of North America, Europe, Asia-Pacific, and the Rest of the World has been conducted.
However, the outbreak of COVID-19 has hampered daily business operations and has caused severe damage to the economy, Car Door Latch Market trends.Key Players The key players of the global car door latch market are Minda VAST Access Systems Pvt.
SummaryGlobal Car Door Latch Market Information Report by Lock Type (Electronic and Non-Electronic), by Vehicle Type (Passenger Car and Commercial Vehicle), by Application (Side Door Latch, Hood Latch, Back Seat Latch, and Others) and Region - Forecast to 2022Market SynopsisThe Car Door Latch Market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic.
MRFR report on the Car Door Latch Market highlights the future prediction and the growth alternatives that can be created.
It results in the expansion of car door latch market.
The daily operations have come to a halt, which caused acute damage to the global economy.Key PlayersThe key players of the global car door latch market are Minda VAST Access Systems Pvt.
Ltd. (India), Inteva Products, Llc.
(U.S.), and a few others.Industry NewsJune 2020Nissan, a renowned car, a manufacturing company, recalled hundreds of thousands of midsize cars in the U.S and Canada to fix a latch problem that may allow the hood fly open while the cars are in a moving position.
