1 / 7

Automotive Door Latch Market to Touch US$ 6,500 Mn Valuation by End of 2017 - 2022 Period

global automotive door latch market to register a moderate expansion over the forecast period (2017-2022). Revenues from the global market for automotive door latch are estimated to surpass revenues worth US$ 6,500 Mn by 2022-end.

salunkhe123
Download Presentation

Automotive Door Latch Market to Touch US$ 6,500 Mn Valuation by End of 2017 - 2022 Period

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Automotive Door Latch Market to Touch US$ 6,500 Mn Valuation by End of 2017 - 2022 Period March 2017 Report Id :REP-GB-4556 Status :Published Category : Automotive & Transportation ©2019 Future Market Insights, All Rights Reserved

  2. AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases ©2019 Future Market Insights, All Rights Reserved

  4. Automotive Door Latch Market A new research report by Future Market Insights (FMI) has projected the global automotive door latch market to register a moderate expansion over the forecast period (2017-2022). Revenues from the global market for automotive door latch are estimated to surpass revenues worth US$ 6,500 Mn by 2022-end. Global Leaders focusing on Provision of Smart Lock Solutions in Vehicles Vehicles have witnessed a significant transformation from being a luxury product to becoming more of a commodity, on the back of rapid economic growth globally. A large portion of this increased demand for vehicles is currently accounted by developing economies of Asia-Pacific excluding Japan (APEJ) and Latin America. Global leaders in the automotive door latch market are shifting their focus towards making advancements in their technology, in a bid to provide smart lock solutions to enable vehicle owners in controlling door latches by using a tablet, smartphone, or any other Bluetooth device. The development of technologically advanced automotive door latches, vehicle manufacturers are considering replacement of existing door latches in vehicles, in order to offer better control & safety features.  The global automotive door latch market has witnessed adverse conditions over the past few years, stemming significantly from surging international competition. The market is anticipated to gain higher traction in the upcoming years, with production of vehicles gradually picking up pace. For automotive manufacturers, developing more advanced automotive door latches is becoming a high priority, with robust increase in demand for personal as well as commercial vehicles, along with rising safety concerns. ©2019 Future Market Insights, All Rights Reserved

  5. Automotive Door Latch Market The market is anticipated to gain higher traction in the upcoming years, with production of vehicles gradually picking up pace. For automotive manufacturers, developing more advanced automotive door latches is becoming a high priority, with robust increase in demand for personal as well as commercial vehicles, along with rising safety concerns. Request For Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4556 Key Research Findings from FMI’s Report on Global Automotive Door Latch Market • In terms of revenues, Europe and North America will remain most lucrative regions for the automotive door latch market. Germany and the U.K. are expected to dominate the automotive door latch market in Europe, while the U.S. will remain the largest market for automotive door latch in North America. The market in Asia-Pacific excluding Japan (APEJ) is projected to register a robust expansion through 2022. This can be highly attributed to increased demand for luxury cars in APEJ countries, such as India and China, owing to rising disposable income of the population. • Based on sales channel, aftermarket is projected to account for the largest revenue share of the market during 2017 to 2022. However, automotive door latch sales in OEM will register the fastest expansion through 2022. • On the basis of application, side door latch and hood latch are projected to register a parallel expansion in the market through 2022, with the former being more lucrative than the latter. Revenues from side door latch and hoot latch applications of automotive door latch are expected to collectively account for nearly half share of the market over the forecast period. Tailgate latch will continue to be the second most lucrative application of automotive door latch, with sales estimated to exceed US$ 1,500 Mn in revenues by 2022-end. • By function, electronic automotive door latch is projected to register the fastest expansion in sales through 2022. Revenues from electronic automotive door latch are estimated to account for over one-third share of the market throughout the forecast period. However, non-electronic automotive door latch will remain preferred among vehicle owners across the globe. • Based on vehicle type, sales of automotive door latch are projected to witness fastest expansion in light commercial vehicles. In addition sales of automotive door latch for compact passenger cars and premium passenger cars will exhibit similar CAGRs through 2022. Mid-sized passenger cars will remain dominant in the global automotive door latch market, in terms of revenues. ©2019 Future Market Insights, All Rights Reserved

  6. Automotive Door Latch Market Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-4556 FMI’s report has listed key companies operating in the global automotive door latch market, which include WITTE Automotive GmbH, U-Shin Ltd., STRATTEC Security Corp., Shivani Locks Private Limited, Minda Vast Access Systems Pvt. Ltd., Magna International, Inc., KiekertAktiengesellschaft, Inteva Products LLC, Brose Fahrzeugteile GmbH & Co., and Aisin Seiki Co., Ltd. ©2019 Future Market Insights, All Rights Reserved

  7. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact:Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor,207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2019 Future Market Insights, All Rights Reserved

More Related