Market Snapshot:
Automotive door latches are equipped in automobiles with a lock-striking operating mechanism that is operated with the help of a handle, which needs to be tugged in with applied force or be either dragged or lifted. Automotive door latches are significant tools to ensure the perfect security of the vehicle by preventing severe accidents from occurring by preventing the door from opening while driving at high speed or against blowing wind.
Highlights from Car Door Latch Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Aisin Seiki Co., Ltd (Japan), Mitsui Mining and Smelting Co., Ltd.(Japan), Kiekert AG (Germany), Magna International, Inc. (United States), Strattec Security Corporation (United States), Shivani Locks Pvt. Ltd. (India), Inteva Products, Llc (United States), Minda VAST Access Systems Pvt. Ltd. (India) and WITTE Automotive (Germany). Additionally, other players that are part of this comprehensive study are Brose Fahrzeugteile Gmbh & Co. (Germany) and U-Shin, Ltd. (Japan).
Geographic Breakdown and Segment Analysis
The Global Car Door Latch market presents a comprehensive analysis of the Car Door Latch market by product type (Side Door Latch, Back Door Latch, Trunk Latch and Hood Latch), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Car Door Latch industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Car Door Latch market
Analyst at AMA have segmented the market study of Global Car Door Latch market by Type, Application and Region.
Influencing Trend:
Rising Demand for SUVs
Market Growth Drivers:
Increase Focus towards Smart Door latches for Safe and Secure Vehicles and Rise in Global Automobile and Alternate Fuel Vehicle Demand
Challenges:
Functional Issues Associated with Door Latches and Maintaining Balance Between Cost & Technology
Restraints:
Stringent Government Rules and Regulations
Opportunities:
Emerging Demand for Car Door Latch Technologies and Increasing Demand for LCVS
The key players are focusing on strategic partnerships and new product launches to improve their products and services, along with increasing their client base to strengthen their market position and enhance their product and service offerings.
Key Target Audience
Automobile OEMs, Automotive body and closure system associations, Automotive Parts Manufacturers’ Association (APMA), Manufacturers of automotive latches, Manufacturers of automotive latch actuators and Raw material suppliers