Sales of automotive door lock detection sensors is expected to grow at a CAGR of 7% to 9% during 2021 to 2031

As per the ongoing study, door lock detection sensor market will grow at an optimistic rate during 2021-2031. Demand for automotive door lock will witness high growth due to the rising awareness of safety features among vehicle owners in the forecast period. Door lock sensors are installed in doors of vehicles to ensure that the door of the vehicle is locked once the vehicle is turned on.

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FACTS AT A GLANCE

Companies: Honda Motor Co., Ltd., Toyota Motor Corporation, Tesla Motors, Inc., Ford Motor Company, Nissan Motor Corporation Ltd., Bayerische Motoren Werke AG

Coverage: All major geographies and key segments

Segments: Automotive Door Lock Detection Sensor Market Segmented By Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles Types in OEM and Aftermarket

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

What is Driving Demand for Door Lock Detection Sensors in the global market?

Cars nowadays are designed with power door lock sensors that can be opened using wireless technology or through secure coded signal as the car has central locking system.

These door lock sensors are installed in the latest models of mid and lower end vehicle models to avoid any unwanted road mishap as well as increase the passenger safety which is one of the crucial factors accelerating the demand for door lock sensors in the global market.

Manufacturers are investing in research & development of new door lock sensors technologies is also one of the influential factors expanding the market growth in the forecast period.

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Recovery in automotive industry is likely to amplify Door Lock Detection Sensor Sales

The automotive industry faced drop in sales and production due to COVID- 19 pandemic. Closure of automotive production facilities resulted into a plunge in demand and production of vehicles due to lockdown. The market is slowly recovering as many manufacturing facilities have resumed production activities that will have a positive impact on the automotive industry.

Increase in vehicle safety is one of the key factors driving the sales of door lock sensors in the market. Manufacturers are using reed sensors for door handle locks which are switched on by radio frequency signal that is linked to the central locking system of the vehicle.

These reed signals are also used as security devices to initiate alarms for cars when the door is opened in an unlocked condition which is an added safety feature for the vehicle driver.

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