Automotive Door Handles Market Size is estimated to grow at a CAGR of 5.0% during the forecast period


Posted November 3, 2023 by Jameslin

The global market for vehicle door handles was estimated to be worth $10.7 billion in 2022 and is expected to reach a value of roughly $15.8 billion by 2030.

 
The industry that produces and supplies door handles for automobiles is known as the "automotive door handles market." It is driven by a number of factors, including the rising demand for automobiles, technological developments in door handle designs, the growing ubiquity of keyless entry systems, and the emergence of electrical and autonomous vehicles, which require the development of novel and creative door handle solutions. The global market for vehicle door handles was estimated to be worth $10.7 billion in 2022 and is expected to reach a value of roughly $15.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of roughly 5.0% from 2023 to 2030.
The exterior and interior mechanisms that enable drivers and passengers to open and close a vehicle's doors are known as automotive door handles. On an automobile, door handles usually come in two varieties: external and interior. The exterior door handles of an automobile are used to open and close the doors from the outside of the vehicle. They are typically fastened to the door using bolts or screws and are linked to an internal latch mechanism. The car's interior door handles are used to open and close the doors from within. They are usually connected to the latch mechanism inside the door and fastened to the door panel using screws or clips.

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Automotive Door Handles Market Growth Drivers:
Because more people are purchasing cars, particularly in emerging economies, the market for automotive door handles is growing. The advancement of door handle technologies, such as keyless entry systems, which give car owners more utility, security, and convenience, is also fueling it.
The need for innovative, cutting-edge door handle solutions that are customized to specific needs is being driven by the growing use of electric and driverless vehicles. Post-retail door knobs are becoming more and more popular as more people maintain and repair their cars. The increasing focus on environmental standards is another reason driving the usage of lightweight and ecologically friendly materials in vehicle door handles, which has resulted in the development of innovative solutions that satisfy these requirements.
Automotive Door Handles Market Segmentation:
• By Type:
o Exterior Door Handles
o Interior Door Handles
• By Material:
o Plastic
o Metal
o Composites
• By Mechanism:
o Manual Door Handles
o Electric Door Handles
o Smart Door Handles
• By Vehicle Type:
o Passenger Cars
o Commercial Vehicles
o Off-Road Vehicles
• By Geography:
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East & Africa

Automotive Door Handles Market Key Global Players:
There are many significant players in the global automotive door handles market, including:
· Aisin Seiki Co., Ltd.
· Audi AG
· BMW Group
· Brose Fahrzeugteile GmbH & Co. KG
· Continental AG
· DURA Automotive Systems
· Fiem Industries Ltd.
· Ford Motor Company
· General Motors
· GESTAMP Automoción
· GNS America
· Grupo Antolin
· HufHülsbeck& Fürst GmbH & Co. KG
· Huf India Pvt. Ltd.
· Kongsberg Automotive
· KSR International Co.
· Magna International Inc.
· SamvardhanaMotherson Group
· Tesla, Inc.
· U-Shin Ltd.
· Valeo SA
· ZF Friedrichshafen AG

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Issued By james
Country United Arab Emirates
Categories Automotive , Business , Miscellaneous
Tags automotive door handles market , automotive door handles market size , automotive door handles market share , automotive door handles market analysis
Last Updated November 3, 2023