The report " Global Automotive Door Handle Sensors Market, By Type (Induction and Button), By Vehicle Type (Commercial Vehicles and Passenger Vehicles), By Sales Channel (Aftermarket and OEMS), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa) - Trends, Analysis and Forecast Till 2029" Global Automotive Door Handle Sensors market is projected to grow from US$ 965.6 billion in 2020 to US$ 1720.4 billion by 2029. The increase in the innovation of industrial sector and automotive is the major factor propelling the growth of the global market. Additionally, rise in the necessity for flexibility and communicate with receiver electronics is one more factor propelling the growth of the global market. Moreover, testing facilities is the bonus characteristic which drive the growth of the target market. However, rise in the manufacturing cost of automotive door handle sensors is the major restraining factor for the growth of the target market.
Key Market Insights from the report:
The Global automotive door handle sensors market accounted for US$ 965.6 billion in 2020 and is projected to register a moderate CAGR of 6.6 % over the forecast period. The market report has been segmented on the basis of type, vehicle type, sale channel, and region.
• By type, the global market is segmented into induction and button.
• By vehicle type, the target market is categorized into commercial vehicles and passenger vehicles.
• By region, the global market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific is anticipated to dominate the global market over the forecast period due to growth in the automotive industry. Additionally, growth in the ratio of acceptance of modern technologies is expected to boost the automotive door handle sensors market in Europe and North America during the forecast period.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on ‘’Global Automotive Door Handle Sensors Market, By Type (Induction and Button), By Vehicle Type (Commercial Vehicles and Passenger Vehicles.), By Sales Channel (Aftermarket and OEMS), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)’’ - forecast till 2029
Key Highlights:
• In 2018, DENSO declared partnership with Silicon Valley office with Plug and Play which is the world's largest innovation platform.
• In 2013, The Company secured the Access Mechanism Product Group of Valeo.
• In February 2019, Robert Bosch GmbH and Qualcomm Technologies Inc. (subsidiary of Qualcomm) announced the research collaboration.
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https://prophecymarketinsights.com/market_insight/Global-Automotive-Door-Handle-Sensors-2790
The prominent player operating in the global automotive door handle sensors market includes U-Shin Ltd, Denso Corp, Robert Bosch Gmbh, Continental AG, Delphi Technologies PLC, Thyssenkrupp AG, ZF Friedrichshafen AG, ITW Automotive Products Gmbh, Infineon Technologies AG, and Aisin Seiki Co. Ltd.
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