Press release
Car Door Latch Market's Global Penetration Leads To Rise in Demand; Forecast to 2022
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 Highlights
A latch is used to join two objects so as to regulate the detachment of the objects. A car door latch is used so as to provide safety and security to the passengers in the car. The most commonly used latch is the electronic lock, which meets the growing technology needs. This latch has benefits through technology such as hand free avoidance, super locking, power closing, and child safety. The major driver for the growth of car door latch market is the increase in the production of vehicles as it increases the usage of the car door latch, leading to the market growth.
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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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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