Air Sea Logistics & Automotive Transportation News

Research delivers insight into the car door latch market to hit CAGR at 5.80% and reaching $ 6.59 billion by 2021

Research delivers insight into the car door latch market to hit CAGR at 5.80% and reaching $ 6.59 billion by 2021

Car door latch market is projected to reach USD 6.59 billion by 2021, growing at a CAGR of 5.80%.

- Agency -.

Get Sample Copy of Car Door Latch Market spread across 135 pages, profiling 10 companies and supported with 75 tables and 56 figures is now available at Report at www.rnrmarketresearch.com/contacts…mple?rname=901513

The key players in the Car Door Latch Market includeAisin Seiki Co., Ltd, Mitsui Mining and Smelting Co., Ltd, Kiekert AG, Magna International, Inc, Strattec Security Corporation, Brose Fahrzeugteile Gmbh & Co, U-Shin, Ltd, Shivani Locks Pvt. Ltd, Inteva Products, Llc, Minda VAST Access Systems Pvt.

Ltd.

The fastest growing trend in the car door latch market is electronic latches. The demand for electronic latches has increased because of technological advancements and increase in vehicle safety and security concerns.

- Agency -.

However, fluctuations in global automotive production and sales is a restraint for the car door latch market.

Get “Car Door Latch Market” is now available at www.rnrmarketresearch.com/contacts…ount?rname=901513

In 2016,the largest regional market for car door latches was the Asia-Pacific market, which holds a majority of the market share of the global automotive latch market, by value and volume. 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 in countries like India and China.

The demand for advance technology latches such as LED and power latches, among others, contributes a major market share of the global car door latch market.

The side door latch segment is estimated to be the fastest growing segment of the car door latch market in 2016, owing to a rise in global demand for automobiles. The per vehicle usage of side door latches is 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 segment is the fastest growing segment. The active inertia latch and LED latch segments are estimated to dominate the automotive latch market in 2017.

Inquire For Complete Report Copy of 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 www.rnrmarketresearch.com/contacts…ying?rname=901513

Target Audience:

  • Automobile OEMs
  • Automotive body and closure system associations
  • Automotive Parts Manufacturers’ Association (APMA)
  • Manufacturers of automotive latches
  • Manufacturers of automotive latch actuators
  • Raw material suppliers

Get Direct Access Complete Report Copy of Car Door Latch Market www.rnrmarketresearch.com/contacts…hase?rname=901513

The report covers the global car door latch market based on 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 (North America, Europe, Asia-Pacific, and RoW). The report covers the car door latch market in terms of volume (’000 units) and in terms of value (USD million).

News From

RnR Market Research - Market Research and Competitive Analysis ReportsRnR Market Research
Category: Market Research Publishers and RetailersCompany profile: RnRMarketResearch.com is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.