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Global Car Door Latch Market Share, Size, Trends, Growth, Analysis, Demand, Forecast: By Lock Type: Electronic, Non-Electronic; By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles; By Application: Side Door Latch, Hood Latch, Tall Gate Latch, Back Seat Latch; By Sales Channel; Regional Analysis; Competitive Landscape; 2023-2028
Global Car Door Latch Market Outlook
The global car door latch market size reached a value of approximately USD 5.74 billion in 2022. The market is further expected to grow at a CAGR of 4.50% between 2023 and 2028, reaching a value of USD 7.73 billion by 2028.
Key Trends in the Market
A car door latch refers to the device that is responsible for controlling the closing and opening of doors, holding the weight of the car doors during movement. Car door latches ensure that the car door doesn’t accidently open while the vehicle is in motion. This visible component is attached to a lever system that allows the opening of the door after it has been unlocked.
- A key car door latch market trend propelling the growth of the market is the increasing demand for personal vehicles due to rising necessity for travel and heightening disposable incomes.
- Increased adoption of electric vehicles due to rising environmental concerns are also projected to aid the expansion of the market for car door latch in the upcoming years.
- Manufacturers are working on improving the workings of car door latch mechanisms in order to enhance the user experience, thus fuelling the growth of the market for car door latches.
Global Car Door Latch Market Analysis
On the basis of lock type, the market is bifurcated into electronic and non-electronic. Based on vehicle type, the market is segregated into passenger vehicles and light commercial vehicles. On the basis of application, the market is classified into side door latch, hood latch, tall gate latch, and back seat latch. Based on sales channel, the car door latch market segments are original equipment manufacturer and aftermarket. On the basis of region, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global car door latch market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Strattec Security Corporation
- Kiekert AG
- MinebeaMitsumi Inc.
- Shivani Locks Pvt. Ltd.
- Brose Fahrzeugteile SE & Co Kommanditgesellschaft, Coburg
- Inteva Products, LLC
- WITTE Automotive GmbH
- Dorman Products, Inc
- Others
Global Car Door Latch Market Share by Lock Type
Electronic lock type is projected to witness significant growth in the market for car door latches in the upcoming years. This growth can be attributed to the increasing efforts of the manufacturers to enhance customer experience and the rising demand for advanced security features. The nature of electronic locks makes them more resistance to car break-ins while allowing for the smooth operation of the locking system.
Global Car Door Latch Market Share by Region
The Asia Pacific region is expected to hold a sizable share of the market for car door latches over the forecast period. This is due to increasing production and purchase of automobiles in countries such as India and China. Rising urban mobility and increasing disposable incomes are further projected to surge the demand for vehicles and aid the car door latch market growth in the Asia Pacific.
Competitive Landscape
Strattec Security Corporation is one of the world’s largest producers of keys and automotive locks, known for manufacturing and marketing mechanical and electronically enhanced keys and locks. The company was founded in 1995 and is headquartered in Wisconsin, United States.
Kiekert AG was established in 1857 and is based in North Rhine-Westphalia, Germany. They are known for pioneering inventions such as electro-mechanical power closures, and central locking systems and manufacturing automotive closure system technologies.
MinebeaMitsumi Inc., founded in 1951 and is headquartered in Tokyo in Japan. The company is engaged in the manufacturing and sales of electronic devices and machinery components, such as bearings, strain gauges, load cells, fan motors, toque transducers, and compression testing machines.
Other market players include Shivani Locks Pvt. Ltd., Brose Fahrzeugteile SE & Co Kommanditgesellschaft, Coburg, Inteva Products, LLC, WITTE Automotive GmbH, and Dorman Products, Inc, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Lock Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Application |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Car Door Latch Market Analysis
8.1 Key Industry Highlights
8.2 Global Car Door Latch Market Historical Market (2018-2022)
8.3 Global Car Door Latch Market Forecast (2023-2028)
8.4 Global Car Door Latch Market by Lock Type
8.4.1 Electronic
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Non-Electronic
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Car Door Latch Market by Vehicle Type
8.5.1 Passenger Vehicles
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Light Commercial Vehicles
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Car Door Latch Market by Application
8.6.1 Side Door Latch
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Hood Latch
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Tall Gate Latch
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Back Seat Latch
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.7 Global Car Door Latch Market by Sales Channel
8.7.1 Original Equipment Manufacturer
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Aftermarket
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.8 Global Car Door Latch Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Car Door Latch Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Car Door Latch Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Car Door Latch Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Car Door Latch Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Car Door Latch Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Strattec Security Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Kiekert AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 MinebeaMitsumi Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Shivani Locks Pvt. Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Brose Fahrzeugteile SE & Co Kommanditgesellschaft, Coburg
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Inteva Products, LLC
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 WITTE Automotive GmbH
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Dorman Products, Inc
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Car Door Latch Market: Key Industry Highlights, 2018 and 2028
2. Global Car Door Latch Market Historical Market: Breakup by Lock Type (USD Million), 2018-2022
3. Global Car Door Latch Market Forecast: Breakup by Lock Type (USD Million), 2023-2028
4. Global Car Door Latch Market Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
5. Global Car Door Latch Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
6. Global Car Door Latch Market Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Car Door Latch Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Car Door Latch Market Historical Market: Breakup by Sales Channel (USD Million), 2018-2022
9. Global Car Door Latch Market Forecast: Breakup by Sales Channel (USD Million), 2023-2028
10. Global Car Door Latch Market Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Car Door Latch Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Car Door Latch Market Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Car Door Latch Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Car Door Latch Market Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Car Door Latch Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Car Door Latch Market Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Car Door Latch Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Car Door Latch Market Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Car Door Latch Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Car Door Latch Market Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Car Door Latch Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Car Door Latch Market Structure
Key Questions Answered in the Report
The market size reached a value of approximately USD 5.74 billion in 2022.
The market is expected to grow at a CAGR of 4.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 7.73 billion by 2028.
The major market drivers include the growth of the automotive industry and increasing emphasis on passenger and vehicle safety.
The key trends fuelling the growth of the market include increasing demand for personal vehicles, growing adoption of electric vehicles, and rising focus on enhancing traveller experience.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant lock types in the market for car door latches are electronic and non-electronic.
The key players in the car door latch market are Strattec Security Corporation, Kiekert AG, MinebeaMitsumi Inc., Shivani Locks Pvt. Ltd., Brose Fahrzeugteile SE & Co Kommanditgesellschaft, Coburg, Inteva Products, LLC, WITTE Automotive GmbH, and Dorman Products, Inc, among others.
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