Automotive Door Lock Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028

The global automotive door lock market is anticipated to grow at a CAGR of 2.7% during the forecast period (2022-2028). The advancement of commercialization and customization solutions in the automobile industry, such as car door locks and keyless entry systems, would contribute to the automotive door lock market growth. An automotive door lock is a system of mechanical and electronic components that allows a vehicle's doors to be locked and unlocked. By linking it to other subsystems via different automotive communication protocols, the automobile door lock can be linked with the larger vehicle management system.

A full report of Automotive Door Lock Market is available at:https://orionmarketreports.com/automotive-door-lock-market/102851/  

Microcontroller-based technologies have made performance features easier since they can give great precision. The car door lock market growth will be supported by technological advancements by OEMs and manufacturers by delivering a wireless system for in-cabin controls, as well as increased demand for comfort in SUVs. New potential for the car door lock will emerge as new advances in terms of safety and expanding urbanization in developing nations.

Top automotive firms in countries like the US, Germany, France, Italy, Japan, and South Korea are investing heavily in research and development, which is propelling the global automobile door lock market forward. Furthermore, collaboration and partnership activities between automation players or technology suppliers and automobile manufacturers would propel the automotive door lock market forward. Continuous cost reductions in-car sensors will be a driving force behind the development of vehicle door locks. Sales and adoption of new and sophisticated technologies in automobiles are increasing at a quicker rate around the world, which will boost the automotive door lock market.

Some major players in the market includeContinental AG, DURA Automotive Systems., GESTAMP SERVICIOS, S.A., GRUPO ANTOLÍN IRAUSA, S.A., Magna International Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Magna International Inc. offers Comfort+ Door Latch. Within the mechanics of the door latch, Comfort+ converts sliding friction to rolling friction, greatly reducing the effort required to open and close a car door and resulting in a smooth, consistent sensation. It saves 40-60% of the effort required to open and close a car door. Increased sealing allows for a quieter cabin.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Application Type
By Vehicle Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Continental AG, DURA Automotive Systems., GESTAMP SERVICIOS, S.A., GRUPO ANTOLÍN IRAUSA, S.A., Magna International Inc., among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Automotive Door Lock Market Report by Segment

By Application Type

Controller Area Network
Local Interconnect Network

By Vehicle Type

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

 

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This release was published on openPR.