Automotive doors are securely closed with the help of door latches. The latch can be electronic or non-electronic. The market covers automotive door latches used for side doors, hoods, and tailgate.
The passenger vehicle type segment is growing at the highest CAGR as mentioned in report, during the forecast period from 2018 to 2023. However, an emerging trend of extended cab type light commercial vehicles (LCV) has also helped the latch market grow, as they have four side doors against the two in standard LCVs.
The Asia-Pacific market is estimated to be the largest market with the highest market share of in the car door latch market, by value and volume. The Asian automotive latch market is projected to be the largest market owing to increasing vehicle production and sales due to an increase in disposable income in countries like India and China.
The Global Automotive Door Latch Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Automotive Door Latch Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Aisin Seiki
Brose Fahrzeugteile
Grupo Antolin
Kiekert
Magna International
Mitsui Mining and Smelting
Strattec Security
U-Shin
Shivani Locks
Minda Vast Access Systems
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Electronic
Non-Electronic
In Market segmentation by applications :
Passenger car
Light commercial vehicle
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Door Latch Market for the forecast period 2020 - 2026?
• What are the driving forces in the Automotive Door Latch Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Door Latch industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?