Global Car Door Latch Market Size, Share, and Trends Analysis Report, By Application (Side Door Latch, Back Seat Latch, Hood Latch, and Others), By Lock Type (Electronic and Non-Electronic), By Vehicle Type (Passenger Vehicle and Light Commercial Vehicle), Forecast (2022-2028)
The global car door latch market is anticipated to grow at a CAGR of 5.3% during the forecast period (2022-2028). A car door latch is used in cars for purpose of safety and security. Electronic latches are generally used in cars owing to the increase in technological development. The latch is usually made from plastic, however, some high-end vehicles might have these latch in metals. Every manufactured car has a door latch present in it which needs to be maintained and checked regularly in order to retain security. In a normal car, there is at least two door handles present per door. Technological innovations of latches such as super locking, hand-free avoidance, child safety, and power closing due to the safety of the driver and strict emission rules by the government which results in the use of lightweight automotive parts are further driving the growth of the market. Some latest technologies such as smart sensors enhanced locking mechanisms, and touch-enabled locking systems supports in providing enhanced and effective security for the passengers. However, fluctuation in automotive production and sales globally can be the restraining factor for the growth of the market.
The market is segmented based on the application, lock type, and vehicle type. Based on the type, the market is sub-segmented into side-door latch, back seat latch, hood latch, and others. Side door latches are a type of mechanical hardware used to fasten doors and keep them shut. A hood latch is used to ensure that the hood stays locked and it protects the engine and many other parts that are within the hood of the car.
Some major players in the market include Aisin Seiki Co., Ltd., Kiekert AG, and Magna International, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, Kiekert AG is creating a smart car door latch that is designed mainly for autonomous vehicles, which allows the opening of doors with fingerprints.
Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Application
By Lock Type
By Vehicle Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-
Aisin Seiki Co., Ltd., Kiekert AG, and Magna International, Inc., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
By Application
Side Door Latch
Hood Latch
By Lock Type
Electronic
Non-Electronic
By Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
The report will be delivered within 48-72 hours after payment confirmation