"Market Intelligence for High-Geared Performance"
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.
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.
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.
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
To gain extensive insights into the market, Request for Customization
By Lock Type
By Distribution Channel
By Vehicle Type
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry