Automotive Closure Market Research Report - Forecast to 2027

Automotive Closure Market by Application Information (Sunroof, Power Window, Side Door, Sliding Door, Convertible Roof), Component (ECU, Switch, Motor & Actuator, Latch, Relay), Type (Manual, Powered), Vehicle Type, Region - Global Forecast to 2027.

ID: MRFR/AM/4320-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2019-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario:


The automotive industry functions primarily on the customer feedback and approval of the automobiles in the market. The automotive closures and doors form an integral part of an automobile since the handling of the automobile takes place through these closures, especially when the vehicle is stationary. The closures and doors comprise a large part of the automobile design and thus, form an integral and complex part while considering the overall aerodynamics and other criticalities. This makes it imperative to assign dedicated teams within the automotive manufacturing organization to address these appropriate concerns.


There are several factors that are responsible for the growth of automotive closure market over time in the global scenario. Firstly, enhanced awareness amongst consumers about safety and related features in the automotive sector. Secondly, the automotive industry of today’s times is much more competitive than what it used to be, thus, compelling manufacturers to produce unique vehicles that sound out in terms of the quality offered. Thirdly, closures, such as power windows, sunroof, and electronic door locking system, provide greater comfort and enhanced customer experience. Thus, increasing the popularity of the automobile, contributing to eventual sales. The global automotive closure market is estimated to grow at a CAGR of approx. 7% (2017 to 2023).


Automotive Closure Market by Segmentation:


On the basis of application, the most widely used applications of the automotive closure system (which are economical, to  fit), are the power windows and sliding doors. Applications, such as sunroof and convertible roof, fall into the luxury automobile category and hence, cannot be fitted into budget vehicles. On the basis of component, motor & actuator and switch are the most widely used in all types of automobile. Relay and latch mechanisms fall under the technology, which was used in the times before the invention and widespread use of electronics in the automotive manufacturing process. Thus, though not favored, these relay and latch mechanisms are particularly used in case of budget automobiles. On the basis of type, manual variety is used more in developing markets and budget automobiles, while the automatic variety is preferred in mid to high-end automobiles.


 Automotive Closure Market


On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. North America region (the U.S. and Canada, specifically) is one of the largest automotive markets in the world. Due to the high per capita income and high preference of people towards owning a personal vehicle (minimum 1 automobile per person), the automotive sales in this region are consistently high. The Asia Pacific market is considered to be the next automotive hub in the world. People here have rising per capita income and don’t mind spending more for added features providing comfort and satisfaction. The Europe region is known for its customers preferring high-end cars with best possible features. Thus, the automotive closure system has tremendous growth potential in all the major automotive markets the world over.


Key Players


The key players in automotive closure market are Toyota Motor Corporation (Japan), Magna International Inc. (Canada), Honda Motor Company, Ltd. (Japan), Continental AG (Germany), Aisin Seiki. Co. Ltd (Japan), BMW (Germany), Robert Bosch GmbH (Germany), Daimler AG (Germany), and The Ford Motor Company (U.S.) .


The report for Global Automotive Closure Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.


 



Frequently Asked Questions (FAQ) :


The market can grow at a rate of roughly 7% during the review period.

With the expanding automotive industry around the world and the increasing demand for automotive closure systems, the market is expected to expand substantially in the coming years.

The well-known companies in the market are Robert Bosch GmbH (Germany), Honda Motor Company, Ltd. (Japan), Continental AG (Germany), Magna International Inc. (Canada), The Ford Motor Company (U.S.), Daimler AG (Germany), Toyota Motor Corporation (Japan), Aisin Seiki. Co. Ltd (Japan), BMW (Germany) and others.

Sliding doors and power windows are the most widely used application of automotive closure systems.

Manual variety finds a lot of use in emerging markets as well as budget automobiles, which boosts its demand in the market.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Automotive Closure Market, By Application

5.1 Introduction

5.2 Sunroof

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Power Window

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Side Door

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

5.5 Sliding Door

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast by Region, 2020-2027

5.6 Convertible Roof

5.6.1 Market Estimates & Forecast, 2020-2027

5.6.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Automotive Closure Market, By Component

6.1 Introduction

6.2 ECU

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Switch

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Motor & Actuator

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

6.5 Latch

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast by Region, 2020-2027

6.6 Relay

6.6.1 Market Estimates & Forecast, 2020-2027

6.6.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Automotive Closure Market, By Type

7.1 Introduction

7.2 Manual

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Powered

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Automotive Closure Market, By Vehicle Type

8.1 Introduction

8.2 Passenger

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Commercial Vehicle

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9 Global Automotive Closure Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Application, 2020-2027

9.2.3 Market Estimates & Forecast by Component, 2020-2027

9.2.4 Market Estimates & Forecast by Type, 2020-2027

9.2.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.2.6 U.S.

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Application, 2020-2027

9.2.6.3 Market Estimates & Forecast by Component, 2020-2027

9.2.6.4 Market Estimates & Forecast by Type, 2020-2027

9.2.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020-2027

9.2.7.2 Market Estimates & Forecast by Application, 2020-2027

9.2.7.3 Market Estimates & Forecast by Component, 2020-2027

9.2.7.4 Market Estimates & Forecast by Type, 2020-2027

9.2.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Application, 2020-2027

9.3.3 Market Estimates & Forecast by Component, 2020-2027

9.3.4 Market Estimates & Forecast by Type, 2020-2027

9.3.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.6 U.K

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Application, 2020-2027

9.3.6.3 Market Estimates & Forecast by Component, 2020-2027

9.3.6.4 Market Estimates & Forecast by Type, 2020-2027

9.3.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Application, 2020-2027

9.3.7.3 Market Estimates & Forecast by Component, 2020-2027

9.3.7.4 Market Estimates & Forecast by Type, 2020-2027

9.3.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.8 France

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Application, 2020-2027

9.3.8.3 Market Estimates & Forecast by Component, 2020-2027

9.3.8.4 Market Estimates & Forecast by Type, 2020-2027

9.3.8.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.9 Italy

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Application, 2020-2027

9.3.9.3 Market Estimates & Forecast by Component, 2020-2027

9.3.9.4 Market Estimates & Forecast by Type, 2020-2027

9.3.9.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Application, 2020-2027

9.3.10.3 Market Estimates & Forecast by Component, 2020-2027

9.3.10.4 Market Estimates & Forecast by Type, 2020-2027

9.3.10.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Application, 2020-2027

9.4.3 Market Estimates & Forecast by Component, 2020-2027

9.4.4 Market Estimates & Forecast by Type, 2020-2027

9.4.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Application, 2020-2027

9.4.6.3 Market Estimates & Forecast by Component, 2020-2027

9.4.6.4 Market Estimates & Forecast by Type, 2020-2027

9.4.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Application, 2020-2027

9.4.7.3 Market Estimates & Forecast by Component, 2020-2027

9.4.7.4 Market Estimates & Forecast by Type, 2020-2027

9.4.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.8 India

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Application, 2020-2027

9.4.8.3 Market Estimates & Forecast by Component, 2020-2027

9.4.8.4 Market Estimates & Forecast by Type 2020-2027

9.4.8.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Application, 2020-2027

9.4.9.3 Market Estimates & Forecast by Component, 2020-2027

9.4.9.4 Market Estimates & Forecast by Type, 2020-2027

9.4.9.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Application, 2020-2027

9.5.3 Market Estimates & Forecast by Component, 2020-2027

9.5.4 Market Estimates & Forecast by Type, 2020-2027

9.5.5 Market Estimates & Forecast by Vehicle Type, 2020-2027

10 Competitive Landscape

11 Company Profile

11.1 Toyota Motor Corporation (Japan)

11.1.1 Company Overview

11.1.2 Products/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Magna International Inc. (Canada)

11.2.1 Company Overview

11.2.2 Products/Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Honda Motor Company, Ltd. (Japan)

11.3.1 Company Overview

11.3.2 Products/Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 Continental AG (Germany)

11.4.1 Company Overview

11.4.2 Products/Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Aisin Seiki. Co. Ltd (Japan)

11.5.1 Company Overview

11.5.2 Products/Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 BMW (Germany)

11.6.1 Company Overview

11.6.2 Products/Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Robert Bosch GmbH (Germany)

11.7.1 Company Overview

11.7.2 Products/Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 Daimler AG (Germany)

11.8.1 Company Overview

11.8.2 Products/Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 The Ford Motor Company (U.S.)

11.9.1 Company Overview

11.9.2 Products/Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

List of Tables

Table 1 Global Automotive Closure Market: By Region, 2020-2027

Table 2 North America Automotive Closure Market: By Country, 2020-2027

Table 3 Europe Automotive Closure Market: By Country, 2020-2027

Table 4 Asia Pacific Automotive Closure Market: By Country, 2020-2027

Table 5 RoW Automotive Closure Market: By Country, 2020-2027

Table 6 Global Automotive Closure Market, By Application, By Regions, 2020-2027

Table 7 North America Automotive Closure Market, By Application, By Country, 2020-2027

Table 8 Europe Automotive Closure Market, By Application, By Country, 2020-2027

Table 9 Asia Pacific Automotive Closure Market by Application, By Country, 2020-2027

Table 10 RoW Automotive Closure Market by Application, By Country, 2020-2027

Table 11 Global Automotive Closure by Vehicle Type Market: By Regions, 2020-2027

Table 12 North America Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 13 Europe Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 14 Asia Pacific Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 15 RoW Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 16 Global Automotive Closure by Type Market: By Regions, 2020-2027

Table 17 North America Automotive Closure Market by Type: By Country, 2020-2027

Table 18 Europe Automotive Closure Market by Type: By Country, 2020-2027

Table 19 Asia Pacific Automotive Closure Market by Type: By Country, 2020-2027

Table 20 RoW Automotive Closure Market by Type: By Country, 2020-2027

Table 21 Global Automotive Closure by Vehicle Type Market: By Regions, 2020-2027

Table 22 North America Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 23 Europe Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 24 Asia Pacific Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 25 RoW Automotive Closure Market by Vehicle Type: By Country, 2020-2027

Table 26 Global Automotive Closure Market: By Region, 2020-2027

Table 27 Global Automotive Closure Market: By Application, 2020-2027

Table 18 Global Automotive Closure Market: By Component, 2020-2027

Table 27 Global Automotive Closure Market: By Type, 2020-2027

Table 18 Global Automotive Closure Market: By Vehicle Type, 2020-2027

Table 19 North America Automotive Closure Market, By Country

Table 20 North America Automotive Closure Market, By Application

Table 21 North America Automotive Closure Market, By Component

Table 20 North America Automotive Closure Market, By Type

Table 21 North America Automotive Closure Market, By Vehicle Type

Table 22 Europe: Automotive Closure Market, By Country

Table 23 Europe: Automotive Closure Market, By Application

Table 24 Europe: Automotive Closure Market, By Component

Table 25 Europe: Automotive Closure Market, By Type

Table 26 Europe: Automotive Closure Market, By Vehicle Type

Table 27 Asia Pacific: Automotive Closure Market, By Country

Table 28 Asia Pacific: Automotive Closure Market, By Application

Table 29 Asia Pacific: Automotive Closure Market, By Component

Table 30 Asia Pacific: Automotive Closure Market, By Type

Table 31 Asia Pacific: Automotive Closure Market, By Vehicle Type

Table 32 RoW: Automotive Closure Market, By Region

Table 33 RoW Automotive Closure Market, By Application

Table 34 RoW Automotive Closure Market, By Component

Table 35 RoW Automotive Closure Market, By Type

Table 36 RoW Automotive Closure Market, By Vehicle Type

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top down & Bottom up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact analysis: market drivers

FIGURE 5 Impact analysis: market restraints

FIGURE 6 Porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Automotive Closure Market Share, By Application, 2020 (%)

FIGURE 9 Global Automotive Closure Market, By Application, 2020-2027 (USD MILLION)

FIGURE 10 Global Automotive Closure Market Share, By Component, 2020 (%)

FIGURE 11 Global Automotive Closure Market, By Component, 2020-2027 (USD MILLION)

FIGURE 12 Global Automotive Closure Market Share, By Type, 2020 (%)

FIGURE 13 Global Automotive Closure Market, By Type, 2020-2027 (USD MILLION)

FIGURE 14 Global Automotive Closure Market Share, By Vehicle Type, 2020 (%)

FIGURE 15 Global Automotive Closure Market, By Vehicle Type, 2020-2027 (USD MILLION

FIGURE 16 Global Automotive Closure Market Share (%), BY REGION, 2020

FIGURE 17 Global Automotive Closure Market, BY REGION, 2020-2027 (USD MILLION)

FIGURE 18 North America Automotive Closure Market Share (%), 2020

FIGURE 19 North America Automotive Closure Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Europe Automotive Closure Market Share (%), 2020

FIGURE 21 Europe Automotive Closure Market BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia Pacific Automotive Closure Market Share (%), 2020

FIGURE 23 Asia Pacific Automotive Closure Market BY Country, 2020-2027 (USD MILLION)

FIGURE 24 Rest of the World Automotive Closure Market Share (%), 2020

FIGURE 25 Rest of the World Automotive Closure Market BY Country, 2020-2027 (USD MILLION)