Global Car Door Latch Market Research Report - Forecast to 2030

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 2030

ID: MRFR/AM/2004-HCR | February 2021 | Region: Global | 100 pages

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Car Door Latch Market Scenario

Car door latch market is expected to account for USD 6.60 billion by 2022 with 5% CAGR.
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.

One of the factors driving  the growth of car door latch market are the growth in the automobile industry due to growing population, expansion of infrastructure, and development of suburbs. The other factors that are responsible for the growth of this market are innovation in technology because of safety of the driver, stringent emission norms, thus resulting in the use of light weight automotive components.

Study Objectives of Car Door Latch Market

  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global car door latch Market

  • To provide insights about factors affecting the market growth

  • To analyse the global car door latch market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segments by lock type, by vehicle type, by application, and by region

  • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

  • To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global car door latch Market.

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).

Market Segmentation Car Door Latch Market Image

Regional Analysis of Car Door Latch Market

The Asia-Pacific region is expected to dominate the car door latch market due to increase in the production of vehicle and growing sales due to increase in disposable income. The demand for luxury cars is also increasing in countries such as India and China, due to which the demand for car door latch will increase. The advance technology in latches such as LED and power will also increase the growth of this market.

Intended Audience

  • Car door latch manufacturers

  • Distributer & Supplier companies

  • End Users

  • consultants and Investment bankers

  • Government as well as Independent Regulatory Authorities

Product Analysis

  • Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information

  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators

Geographic Analysis

  • Geographical analysis across 15 countries

Company Information

  • Profiling of 10 key market players

  • In-depth analysis including SWOT analysis, and strategy information of related to report title

  • Competitive landscape including emerging trends adopted by major companies

The report for Car Door Latch Market of Market Research Future comprises of 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, 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.

Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 6.60 Billion
  • 2030 : Significant value
  •   CAGR   5% CAGR (2022 to 2030)
      Base Year   2021
      Forecast Period   2020-2027
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Lock Type, Vehicle Type and Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Inteva Products, Llc. (U.S.), Brose Fahrzeugteile Gmbh & Co. (Germany), and Minda VAST Access Systems Pvt. Ltd. (India)
      Key Market Opportunities   Increase in technology development
      Key Market Drivers

  • Growing population, expansion of infrastructure, and development of suburbs
  • Innovation in technology

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    Frequently Asked Questions (FAQ) :

    The car door latch market can thrive at 5% CAGR by 2022.

    The car door latch market can value at USD 6.60 Bn by 2023.

    Inteva Products, Llc. (U.S.), Brose Fahrzeugteile Gmbh & Co. (Germany), and Minda VAST Access Systems Pvt. Ltd. (India) are some reputed companies in the car door latch market.

    Hood latch, side door latch, and back seat latch are applications of car door latch.

    Lock types of car door latch are electronic and non-electronic.