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Overview
Global Car Door Latch Market size is forecast to reach $2,458 million by 2025, estimated to grow at a CAGR of 6.78% during 2020-2025. The rapid growth of the automobile sector is triggering the car latch door market. In addition, the rise of Pandemic has affected the automotive manufacturing industries, but with the deployment of certain safety guidelines most of the companies have resumed operations. This resuming of operations will lead to upsurge the growth of the car latch system market during the forecast period 2020-2025.
Report Coverage
The report: “Car Door Latch Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Car Door Latch Market.
By Type: Electronic latch and Non-Electronic Latch
By Application Type: Side-door latch, Hood latch, Tailgate latch and Back-seat latch
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC(China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), and RoW (Middle east and Africa)
Key Takeaways
- In 2019, the Car Door Latch market was dominated by Asia Pacific owing to the growing vehicle production and rising sales of vehicles in China and other Asian Countries.
- The increasing safety concerns during driving is the key factor that is driving the demand for advanced technologies in the car door latch system which is leading to the rising use of electronic latches.
- The growth of the automobile industry with certain guidelines during the pandemic situation will further enhance the need for the efficient car door latch systems. .
- The rapid rise of pandemic has highly hindered the manufacturing industry which has also hampered the production of vehicles thus leading to challenge the growth of the market.
Application - Segment Analysis
Side Door Latch application held the largest market share in the Car Door Latch market in 2019. The rising growth of the automotive industry is highly fueling the demand for side door latch systems. Moreover, the increasing risk of accidents due to opening up of car door from wrong sides has raised the need for effective side door latch system. Additionally, the Federal Motor Safety Standard (FMVSS) 206 regulates the minimum strength of side door latches in passenger carrying vehicles. These factors are thus surging the growth of the car door latch market.
Geography - Segment Analysis
In 2019, Asia Pacific dominated the Car Door Latch market with a share of more than 47%, followed by Europe and North America. The rising production of vehicles in countries such as China are leading to the acceleration of the market. However, the rise of pandemic has highly affected the manufacturing sector which will lead to slow down the market in the recent time. Thus, the adoption of certain guidelines in the manufacturing sector will promote safety to the workers leading to drive the growth of the market during the forecast period.
Drivers – Car Door Latch Market
- Growth of Automobile Industry
The rising demand for vehicles are boosting the growth of the automobile industry. The growing demand for sport utility vehicles and other passenger cars are the major factors which are driving the need for car door latch market. The deployment of mass production techniques and the use of technology such as artificial intelligence, machine learning are further boosting the automobile industry which will in turn drive the growth of the market.
- Rising concern related to safety of the vehicle
The rising need to provide safety to the driver and the passenger of the car is leading to the demand for efficient car door latch system. Furthermore, the technological advancements in the field of automotive sector has surged the demand for electronic latch that leads to increase vehicle safety and security concerns. These significant factors are thus propelling the car door latch system market.
Challenges – Car Door Latch Market
- Rise of Pandemic
The rapid rise of pandemic has resulted in slow down of several manufacturing industries which further includes the automotive sector. The production of vehicle has thus declined in 2020 which has also resulted in declining of the sales of the vehicles. These is also affecting the manufacturing of advanced car door latch systems that are integrated in the automobiles. Therefore, this key factor may lead to slow down the growth of the car latch market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Car Door Latch market. In 2019, the market of Car Door Latch has been consolidated by the major players – Brose Fahrzeugteile GmbH & Co., Kiekert AG, Magna International Inc., Minda Vast Access Systems, Mitsui Mining & Smelting Co. Ltd., Shivani Locks Pvt. Ltd. , Strattec Security Corporation, U-Shin Ltd., Robert Bosch GmbH and ZF Friedrichshafen AG.
Acquisitions/Technology Launches
- In May 2018, Magna International developed the Comfort+TM door latch in order to address the concerns related to car door opening and closing, and further providing quietness in the cabin. This new car door latch reduces the efforts required to open and close the door and results in providing smooth consistent feel.
1. Car Door Latch Market - Overview
1.1 Definitions and Scope
2. Car Door Latch Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Car Door Latch Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Car Door Latch Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Car Door Latch Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Car Door Latch Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Car Door Latch Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Car Door Latch Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Car Door Latch Market - By Type(Market Size -$Million / $Billion)
9.1 Car Door Latch Market By Vehicle Type & Region
9.2 Car Door Latch Market By Lock Type
9.2.1 Electronic Latch Market By Region
9.2.2 Non-Electronic Latch Market By Region
10. Car Door Latch - By Application Type(Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Side Door Latch Market By Region
10.3.2 Hood Latch Market By Region
10.3.3 Tailgate Latch Market By Region
10.3.4 Back Seat Latch Market By Region
11. Car Door Latch- By Geography (Market Size -$Million / $Billion)
11.1 Car Door Latch Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Car Door Latch- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Car Door Latch- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Car Door Latch - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Car Door Latch - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Car Door Latch Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Car Door Latch Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Car Door Latch Market - Key Company List by Country Premium
15. Car Door Latch Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Brose Fahrzeugteile GmbH & Co.
15.3 Kiekert AG
15.4 Magna International Inc.
15.5 Minda Vast Access Systems.
15.6 Mitsui Mining & Smelting Co. Ltd.
15.7 Shivani Locks Pvt. Ltd.
15.8 Strattec Security Corporation
15.9 U-Shin Ltd.
15.10 Company 9
15.11 Company 10 & More
16.1 Abbreviations
16.2 Sources
17. Car Door Latch Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Car Door Latch Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Car Door Latch Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Car Door Latch Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Car Door Latch Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Car Door Latch Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Car Door Latch Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Car Door Latch Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Car Door Latch Market - By Type(Market Size -$Million / $Billion)
9.1 Car Door Latch Market By Vehicle Type & Region
9.2 Car Door Latch Market By Lock Type
9.2.1 Electronic Latch Market By Region
9.2.2 Non-Electronic Latch Market By Region
10. Car Door Latch - By Application Type(Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Side Door Latch Market By Region
10.3.2 Hood Latch Market By Region
10.3.3 Tailgate Latch Market By Region
10.3.4 Back Seat Latch Market By Region
11. Car Door Latch- By Geography (Market Size -$Million / $Billion)
11.1 Car Door Latch Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Car Door Latch- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Car Door Latch- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Car Door Latch - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Car Door Latch - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Car Door Latch Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Car Door Latch Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Car Door Latch Market - Key Company List by Country Premium
15. Car Door Latch Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Brose Fahrzeugteile GmbH & Co.
15.3 Kiekert AG
15.4 Magna International Inc.
15.5 Minda Vast Access Systems.
15.6 Mitsui Mining & Smelting Co. Ltd.
15.7 Shivani Locks Pvt. Ltd.
15.8 Strattec Security Corporation
15.9 U-Shin Ltd.
15.10 Company 9
15.11 Company 10 & More
*Financials would be provided on a best efforts basis for private companies
16. Car Door Latch Market - Appendix16.1 Abbreviations
16.2 Sources
17. Car Door Latch Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)2.Global Car Door Latch Market By Lock Type Market 2019-2024 ($M)
2.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Global Industry Research
2.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Global Industry Research
3.Global Car Door Latch Market By Vehicle Type & Region Market 2019-2024 (Volume/Units)
4.Global Car Door Latch Market By Lock Type Market 2019-2024 (Volume/Units)
4.1 Electronic Latch Market By Region Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Non-Electronic Latch Market By Region Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)
6.North America Car Door Latch Market By Lock Type Market 2019-2024 ($M)
6.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
6.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
7.South America Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)
8.South America Car Door Latch Market By Lock Type Market 2019-2024 ($M)
8.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
8.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
9.Europe Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)
10.Europe Car Door Latch Market By Lock Type Market 2019-2024 ($M)
10.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
10.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
11.APAC Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)
12.APAC Car Door Latch Market By Lock Type Market 2019-2024 ($M)
12.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
12.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
13.MENA Car Door Latch Market By Vehicle Type & Region Market 2019-2024 ($M)
14.MENA Car Door Latch Market By Lock Type Market 2019-2024 ($M)
14.1 Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
14.2 Non-Electronic Latch Market By Region Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Car Door Latch Market Revenue, 2019-2024 ($M)2.Canada Car Door Latch Market Revenue, 2019-2024 ($M)
3.Mexico Car Door Latch Market Revenue, 2019-2024 ($M)
4.Brazil Car Door Latch Market Revenue, 2019-2024 ($M)
5.Argentina Car Door Latch Market Revenue, 2019-2024 ($M)
6.Peru Car Door Latch Market Revenue, 2019-2024 ($M)
7.Colombia Car Door Latch Market Revenue, 2019-2024 ($M)
8.Chile Car Door Latch Market Revenue, 2019-2024 ($M)
9.Rest of South America Car Door Latch Market Revenue, 2019-2024 ($M)
10.UK Car Door Latch Market Revenue, 2019-2024 ($M)
11.Germany Car Door Latch Market Revenue, 2019-2024 ($M)
12.France Car Door Latch Market Revenue, 2019-2024 ($M)
13.Italy Car Door Latch Market Revenue, 2019-2024 ($M)
14.Spain Car Door Latch Market Revenue, 2019-2024 ($M)
15.Rest of Europe Car Door Latch Market Revenue, 2019-2024 ($M)
16.China Car Door Latch Market Revenue, 2019-2024 ($M)
17.India Car Door Latch Market Revenue, 2019-2024 ($M)
18.Japan Car Door Latch Market Revenue, 2019-2024 ($M)
19.South Korea Car Door Latch Market Revenue, 2019-2024 ($M)
20.South Africa Car Door Latch Market Revenue, 2019-2024 ($M)
21.North America Car Door Latch By Application
22.South America Car Door Latch By Application
23.Europe Car Door Latch By Application
24.APAC Car Door Latch By Application
25.MENA Car Door Latch By Application
26.Magna International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Kiekert AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Mitsui Mining & Smelting Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Strattec Security Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.U-Shin Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Shivani Locks Pvt. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Brose Fahrzeugteile GmbH & Co., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Minda Vast Access Systems., Sales /Revenue, 2015-2018 ($Mn/$Bn)