Car Door Latch Market | USD 6.60 Bn With Growing CAGR of 5% Through 2022

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Global 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 2022

Market Research Future published a research report on “Car Door Latch Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario 

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. 

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

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Market Research Analysis 

Asia-Pacific is the largest region for the car door latch market and holds the majority of the market share. This is mainly because of the increase in the production of vehicles and growth in the sales. The growth in the sales in mainly because of the increase in the disposable income in countries such as India and China. In China and India, the sales of the luxury cars have been increased which have also resulted in the growth of this market. The global car door latch market is expected to account for USD 6.60 Billion by 2022. 

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). 

Intended Audience 

  • Car door latch manufacturers
  • Distributer & Supplier companies
  • End Users
  • consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities 

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Scope of the Report

This study provides an overview of the global car door latch market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global car door latch market by lock type, by vehicle type, by application, and by region 

By Lock Type

•             Electronic

•             Non-Electronic 

By Vehicle Type

•             Passenger Car

•             Commercial Vehicle 

By Application

•             Side Door Latch

•             Hood Latch

•             Back Seat Latch

•             Others 

By region

•             North America

•             Europe

•             Asia-Pacific

•             ROW 

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