Pune, India, March 2021, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Automotive Hinges Market.
Global Automotive Hinges Market size is anticipated to register a significant CAGR of 4% between 2020 and 2026. Automotive hinges are mechanical bearing which used for connecting the automotive components such as doors, trunk or tailgate, hood, and fuel cap to the automotive body. The automotive hinges allow open a door or hood at a certain angle between the automotive body and door or hood.
The two automotive components connected by the automotive hinges are revolve relatively to each other around a fixed axis of rotation. The automotive hinges materials depend upon its end use as the doors, hood and tailgate required a steel or any heavy material, but the fuel cap not required much heavy or robust material. The luxury and sports cars are using the electronic operated automotive hinges, which automatically open the door of the vehicles. The compact and mid-size cars are using the electric operated hinges for opening the back trunk or tail gate of the vehicle. The fuel cap is also one of the essential parts of the automotive vehicle which protect direct connect between the fuel and the surrounding elements. The hood is used only in the emergency condition or for the maintenance of the vehicle which increases the life of the automotive hood hinges as compared to other automotive hinges. Many manufactures are using composite material for reducing the weight of the automotive hinges for reducing the vehicle.
Global Automotive Hinges Market, 2020–2026
In 2019, Asia-Pacific Contributed Significantly to the Automotive Hinges Market in Terms of Share: MRFR
Based on region, the global Automotive Hinges market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The automotive development in the Asia Pacific is expected to grow the demand for the automotive hinges market. North America has prominent share of the automotive hinge market because of the increasing automotive vehicle fleet in the region. The rising demand for the electric vehicle is likely to propel the demand for the automotive hinges market. The China is expected to have prominent market share because of the increasing automotive vehicle production. The regulation on the old vehicle by the regulatory body is likely to drive the demand for the automotive hinges market.
Global Automotive Hinges Market has been segmented By Material, Sales Channel, Vehicle Type, Product, and Region. Based on material, the global Automotive Hinges market can be bifurcated into Steel, Aluminum, and Composite Material. The steel segment is anticipated to grow at a significant CAGR in the coming years. By Sales Channel, the Automotive Hinges market has been split into OEM and Aftermarket. The OEM segment held a sizeable share and is anticipated to grow at a significant CAGR in the coming years. By vehicle type, the Automotive Hinges market has been split into passenger cars and commercial vehicles. The passenger cars segment held a sizeable share and is anticipated to grow at a significant CAGR in the coming years. By Product, the Automotive Hinges market can be bifurcated into Door, Cabinet, Hood, and Others. The Door segment is anticipated to grow at a significant CAGR in the coming years.
Global Automotive Hinges Market size is anticipated to register a significant CAGR of 4% between 2020 and 2026.
Scope of the Report
This report provides an in-depth analysis of the global Automotive Hinges market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, and the rest of the world. The report also presents a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Automotive Hinges market by material, sales channel, vehicle type, product, and region.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/automotive-hinges-market-10429
Key Players in the Global Automotive Hinges Market are Gestamp, Scissor Doors Inc., Orchid International, Midlake Custom Hinges, AISIN SEIKI, Eberhard Manufacturing Company, Gaoming Ligang Precision Casting Co., Ltd., Multimatic, Magna International, and DURA Automotive Systems.