Automotive Door Handles Market is predicted to grow at a compound annual rate of growth (CAGR) of 5.0% from 2023 to 2030


Posted May 12, 2023 by Jameslin

The term "automotive door handles market" refers to the sector of the economy that produces and supplies door handles for cars.

 
The term "automotive door handles market" refers to the sector of the economy that produces and supplies door handles for cars. This market is driven by factors such as rising vehicle demand, improvements in door handle technology, rising use of keyless entry systems, and the emergence of electrical and autonomous vehicles that require novel and creative door handle solutions. The market for automotive door handles was estimated to be worth $10.7 billion globally in 2022 and is anticipated to reach $15.8 billion by 2030, growing at a CAGR of roughly 5.0% from 2023 to 2030.

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Automotive door handles are the exterior and interior components that let drivers and passengers open and close a car's doors. A car's door handles normally come in two varieties: external and interior. The exterior door handles are found on the outside of the car and are used to open and close the doors. In most cases, they are connected to a latch mechanism inside the door and are fastened to it using bolts or screws.
Growth Drivers:
The automobile door handles industry is rising because more people are buying cars which are especially true in emerging economies. Modern door handle technologies like keyless entry systems, which give car owners more functionality, security, and convenience, are also contributing to its growth.
The demand for door handle solutions that are innovative, cutting-edge technologically, and customized to specific requirements is being driven by the growing use of electric and driverless vehicles. Post-retail door knobs are becoming increasingly popular as more people repair and upgrade their automobiles.

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Market Segmentation:
By Type:
• Exterior Door Handles
• Interior Door Handles
By Material:
• Plastic
• Metal
• Composites
By Mechanism:
• Manual Door Handles
• Electric Door Handles
• Smart Door Handles
By Vehicle Type:
• Passenger Cars
• Commercial Vehicles
• Off-Road Vehicles
By Geography:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Automotive Door Handles Market Key Global Players:
• 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
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Categories Automotive , Industry , News
Tags automotive door handles market , automotive door handles market size , automotive door handles market share , automotive door handles market news
Last Updated May 12, 2023