Automotive Door Latch Market| COVID-19 Analysis

[sagar]

Automotive Door latch is used in cars for purpose of safety and security. Electronic latches are generally used in cars due to increase in technology development. Technology development such as hand-free avoidance, super locking, child safety, and power closing are in demand by OEMs.

The global Automotive Door latch market is expected to account for USD 6.60 billion by 2022 with 5% CAGR.

Key Players

The key players of global Automotive Door latch market are Aisin Seiki Co., Ltd. (Japan), Mitsui Mining and Smelting Co., Ltd.(Japan),Kiekert AG (Germany), Magna International, Inc. (U.S.), Strattec Security Co. (U.S.), U-Shin, Ltd. (Japan), Shivani Locks Pvt. Ltd. (India), Brose Fahrzeugteile Gmbh & Co. (Germany), Inteva Products, Llc. (U.S.), and Minda VAST Access Systems Pvt. Ltd. (India).

Industry/ Innovation/ Related News:

The key strategies followed by most companies within the global Automotive Door Latch market are that of new product development.

On August 2015, Kiekert AG who is the leading developer of automotive locking systems had expanded its presence in China. The expansion will strength the position of Kiekert in Chinese market.

Segmentation

The Global Automotive Door Latch Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Lock Type: Comprises Electronic and Non-Electronic

Segmentation by Vehicle Type: Comprises Passenger Car and Commercial Vehicle

Segmentation by Application: comprises side door latch, hood latch, back seat latch, and others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.