Global Automotive Door Handles Market Overview:
The automobile door handle is used to open and close car doors. It is found on both the exterior and interior sides of automobile doors, although they are used differently on each panel. The one on the outside is pulled to open the car door, while the inside door handle is used to release the door latch before you can push the door to let yourself out. These handles serve as the entry and exit of any vehicle providing protection to the passengers while speeding. Car doors are composed of several components that aid in its efficient function.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Use of Sensors or Door Panel Touch Buttons in Automobile Door Handles and Continuous Research and Development
Market Growth Drivers:
Need for the Safety and Convenient Automobiles and Increasing Production of Automobiles in the Developing Economy
Challenges:
Short Lifespan of Automobile Door Handles and Lack of Efficiency and Reliability of Automobile Door Handles
Restraints:
Stringent Safety Regulatory Guidelines Associated with Designing of the Automobile Door Handles and Slow Economic Growth Might Affect the Market
Opportunities:
Raising the Government Investment in Automobile Industry and Improving the Efficiency and Durability of Automobile Door Handles
Competitive Landscape:
Automotive Door Handles are a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are ITW Automotive Products GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Huf Hulsbeck & Fürst GmbH & Co. KG (Germany), U-Shin Ltd. (MinebeaMitsumi, Inc.) (Japan), Magna International Inc. (Canada), ALPHA Corporation (United States), Grupo Antolin (Spain), Valeo Group (France), RTP Company (United States) and VAST Automotive Group (Strattec) (United States). Additionally, following companies can also be profiled that are part of our coverage like Sakae Riken Kogyo Co., Ltd (Japan), TriMark Corporation (United States) and Hushan Autoparts Inc. (Taiwan). Analyst at AMA Research see United States Vendors to retain maximum share of Global Automotive Door Handles market by 2028. Considering Market by Design, the sub-segment i.e. Lever will boost the Automotive Door Handles market. Considering Market by Material, the sub-segment i.e. Stainless Steel will boost the Automotive Door Handles market.
Latest Market Insights:
In April 2021, AISIN Seiki Co., Ltd., the sixth largest Tier 1 automotive supplier in the world, merged its business operations with its subsidiary, AISIN AW Co., Ltd., to form "AISIN CORPORATION". The group company has approximately 14,000 employees, and 43 manufacturing, sales, and R&D centers, including the AISIN Technical Center of America located at its North American headquarters in Northville, Michigan, and FT-Techno of America, the company's 950-acre test track. This is a proving ground in Fowlerville, Michigan.
In January 2020, global Tier 1 automotive supplier AISIN Group announced the unveiling of a concept vehicle as part of the CES show. Ride-sharing vehicles, such as automated buses, are designed for future community use and feature technologies from three AISIN focus areas. automation; and electricity.
"Federal Motor Vehicle Safety Standard (FMVSS) Door Locks and Door Retention Components proposing to amend Federal Motor Vehicle Safety Standard (FMVSS), Door locks and door retention components, in order to add and update requirements and test procedures and to harmonize with the world's first global technical regulation for motor vehicles. If adopted, today's proposal would add test requirements and test procedures for sliding doors, add secondary latched position requirements for doors other than hinged side doors and back doors, provide a new test procedure for assessing inertial forces, and extend the application of FMVSS No. 206 to buses with a Gross Vehicle Weight Rating (GVWR) of less than 10,000 pounds, including 12-15 passenger vans."
What Can be Explored with the Automotive Door Handles Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automotive Door Handles Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automotive Door Handles
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Door Handles market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Door Handles market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automotive Door Handles Manufacturers, Automotive Door Handles Distributors and Suppliers, Automotive Door Handles International Traders, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.