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Car Door Lock Market Size, Share & Industry Analysis, By Lock Type (Automatic Lock, Manual Lock), By Distribution Channel (OEM, Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105473 | Status : Ongoing

 

KEY MARKET INSIGHTS

The car door lock plays a very important role in the car door lock system. In a standard car, each door has at least two door handles. The latch helps to lock the door to prevent unauthorized entry. Every manufactured car has a door latch, which requires regular maintenance and inspection to keep the car safe. The door latch is defined as a locking mechanism used in the hood and door handles of automobiles. These latches are usually used to lock doors and hoods to ensure the safety of the vehicle and the safety of objects and passengers. These latches are basically present in every lock of the vehicle and require regular inspection and maintenance to ensure their work. Automakers have been working hard to provide enhanced vehicles equipped with next-generation systems and interiors to improve the overall travel experience. However, the increase in automobile production and sales volatility and the increase in the cost of electronic latches are the main factors restricting market growth.


Key Market Driver -

Increasing production of passenger cars is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

High replacement cost may hamper the growth of the market during the forecast period.


Market Segmentation:


Globally, the Car Door Lock market is segmented by lock type, by distribution channel type, by vehicle type and by geographic coverage. Based on material type, the market is further segmented into manual and automatic. Automatic door locks or power locks are operated by using mechanical and electronic components. These are technically systematic locks that can be operated by remote control, and remote devices appear in the form of convenient compact battery-powered devices. Recent advances have led to the development and introduction of wearable remote-control devices that can be worn on the user’s wrist. Automatic door locks also have functions such as a central locking system. Most newer cars have a remote keyless system that can be controlled remotely using the remote-control key. When the gearbox is moved away from the "parking" position, the doors of some cars will lock. In other vehicles, when the vehicle reaches a certain speed, the door will automatically lock. These are one of some safety features that can cause people to prefer specific or specific car models. By distribution channel the market is segmented into OEM and aftermarket. The original equipment manufacturer (OEM) market segment is expected to lead the rare opportunity of vending machine lock sensor failure.  In addition, the door lock sensor for the car needs to be replaced only in the event of a serious traffic accident. The slow pace of expansion of the aftermarket market is due to technological progress and increased awareness of vehicle users to maintain vehicle systems. By vehicle type the market is segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. Passenger cars segment dominate the market over the forecast period. Increasing sale of passenger cars is one of the prime reasons for the dominance of car door lock over the forecast period. As more and more commercial vehicles are adopted worldwide, LCV has a considerable share. The booming logistics industry is increasing the demand for car door over the forecast period.          

Key Players:


Major players operating in the global Car Door Lock market include Standex International Corporation, Robert Bosch GmbH, Hirschmann Automotive GmbH, Sensata Technologies, Inc., HELLA GmbH & Co. KGaA, Hitachi Ltd., Mitsubishi Electric Corporation, DENSO CORPORATION, Johnson Electric, and Continental AG among others.

Key Insights



  • New Advancements in Car Door Lock

  • Number of Products, Key Countries, 2020

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the Car Door Lock market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the maximum share in the global market and is expected to propel further owing to the rapid adoption of advanced technologies by the automotive industry. The Asia-Pacific region dominates the automotive door lock market due to the increase in the presence of major manufacturers in the market, the increase in the number of car registrations in countries/regions such as India and China, the increase in disposable income, and strict emission standards leading to auto parts The demand for light weight/miniaturization of safe modified vehicles continues to grow, and the demand for advanced technology latches (such as power supplies, LED latches) in the region is also increasing. The European region recorded the second-largest share of the industry in 2016 and is expected to remain a major market for car door market during the forecast period. The European region accounted for the second largest share of the industry and is expected to remain the main market for car door lock during the forecast period. This can be attributed to the increase in the production of luxury cars in Germany, as well as the growth of the auto industry in emerging countries such as the Czech Republic, Poland, Turkey and Russia. As far as North America is concerned, due to the increase in disposable income, increased demand for automobiles, the growth of car owners' market for car door latches, car owners' awareness of the benefits of car door latches, and the increase in capital and investment in cars have become an expected region. Automotive industry in countries in the region

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Segmentation


























 ATTRIBUTES 

 DETAILS     

By Lock Type



  • Automatic Lock

  • Manual Lock



By Distribution Channel



  • OEM

  • Aftermarket



By Vehicle Type



  • Passenger Cars

  • Commercial Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



 


  • Ongoing
  • 2023
  • 2019-2022

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