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Researchers Predict Steady Growth for Car Door Latch Market by 2022

Car Door Latch Market research report categorizes the global market by Vehicle Type (Passenger Car and Light Commercial Vehicle), by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), and by Region.

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Researchers Predict Steady Growth for Car Door Latch Market by 2022

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  1. Car Door Latch Market - Global Forecast to 2021 www.MarketsandMarkets.com

  2. Car Door Latch Market by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2021 In terms of volume the market is expected to reach 594.8 million units by 2021. The major factors behind the growth of the automotive latch market is the increase in global automobile production and technological advancements due to safety and security concerns. PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=82258051

  3. The side door latch segment is estimated to be the largest segment • The market share for side door latches is the largest and is growing at a CAGR mentioned in the report, during the forecast period. The per vehicle usage of side door latches is the highest at 4, compared to 1 to 2 for other latch types such as tail gate, hood, and seat, per vehicle. Hence, the side door latch market has the largest market share.

  4. The passenger car type is estimated to be the fastest growing segment in the global automotive latch market The passenger vehicle segment is growing at the highest CAGR as mentioned in the report, during the forecast period. Additionally, an increasing trend of extended cab type light commercial vehicles (LCV) has also helped the automotive latch market grow, as they have four side doors against the two in standard LCVs. RequestSample@ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=82258051

  5. Report Market Cover: The Asian automotive latch market is projected to be the largest market owing to increasing vehicle production and sales due to an increase in disposable income. Additionally, the Chinese and Indian markets are witnessing an increase in demand for luxury cars. The sale of luxury cars in China and India has been increasing, which, in turn, is driving the demand for advanced technology latches also such as LED and power latches, among others.

  6. Browse >> 75marketdata tables 56figures 135 pagesand in-depth TOC on “Car Door Latch Market - Global Forecast to 2021” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  7. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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