Press release
Automotive Retractable Door Handle System Market Globally Expand At A CAGR Of 84.46% Over The Forecast Period 2017 - 2021
Market Research Report
The automotive retractable door handle system is a movable system, where the door handle can deploy and retract as per requirement and merges with side body structure, making an efficient aerodynamic vehicle design. The automotive door handles have not evolved to the extent of other automotive technologies. The development of automotive door handles is restricted to aesthetics and some automatic keyless entry sensors. TESLA has disrupted the automotive door handle technology with the introduction of retractable door handle. The door handle is a necessary part of the automotive system and has high market potential. The evolution of the automatic sensing technology in door handles in Europe and the Americas has been exponential in the past decade. The mechanical connected door latching system has been there since the existence of the automobile.
Technavios analysts forecast the global automotive retractable door handle system market to grow at a CAGR of 84.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of global automotive retractable door handle system market for 2017-2021. To calculate the market size, the report considers the original equipment (OE) fitments and replacements. There is no aftermarket for the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Retractable Door Handle System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1476055
Key vendors
Huf Hlsbeck & Frst
TESLA
Other prominent vendors
WITTE Automotive
Valeo
Continental
Market driver
Rising demand for performance and luxury vehicles
For a full, detailed list, view our report
Market challenge
High cost of system as compared to standard selling door handle mechanism
For a full, detailed list, view our report
Market trend
Growing introduction of automotive near-field communication IC for secure car access by NXP
For a full, detailed list, view our report
Browse TOC @ https://www.researchmoz.us/global-automotive-retractable-door-handle-system-market-2017-2021-report.html/toc
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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