Future of Car Door Latch Market During 2018-23

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Car Door Latch Market worth 6.59 Billion USD by
2021
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Car Door Latch Market by Application (Side Door
Latch, Hood Latch, Tailgate Latch, and Back Seat
Latch), Lock Type (Electronic and
Non-Electronic), Vehicle Type (Passenger Car and
Light Commercial Vehicle) and Region - Global
Forecast to 2021 The car door latch market is
projected to grow at a CAGR of 5.80, from USD
4.97 Billion in 2016 to USD 6.59 Billion by 2021.
Global automobile demand is increasing
continuously due to reasons such as increase in
population, developments in suburbs, and
infrastructural expansions, which are major
driving factors for the car door latch market. As
increase in global automobile demand will
directly impact the production of car door
latches. PDF Brochure _at_ https//www.marketsandmar
kets.com/pdfdownload.asp?id82258051

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The side door latch segment is estimated to be
the largest segment The market share for side
door latches is the largest and is growing at a
CAGR mentioned in the report, during the forecast
period. The per vehicle usage of side door
latches is the highest at 4, compared to 1 to 2
for other latch types such as tail gate, hood,
and seat, per vehicle. Hence, the side door latch
market has the largest market share.
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The passenger car type is estimated to be the
fastest growing segment in the global automotive
latch market The passenger vehicle segment is
growing at the highest CAGR as mentioned in the
report, during the forecast period. Additionally,
an increasing trend of extended cab type light
commercial vehicles (LCV) has also helped the
automotive latch market grow, as they have four
side doors against the two in standard
LCVs. RequestSample_at_ https//www.marketsandmarket
s.com/speaktoanalyst.asp?id82258051
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Asia-Pacific is estimated to be the largest
region for the automotive latch market The Asian
automotive latch market is projected to be the
largest market owing to increasing vehicle
production and sales due to an increase in
disposable income. Additionally, the Chinese and
Indian markets are witnessing an increase in
demand for luxury cars. The sale of luxury cars
in China and India has been increasing, which, in
turn, is driving the demand for advanced
technology latches also such as LED and power
latches, among others. The major players in the
car door latch market include 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).
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Browse gtgt 75 market data
tables 56 figures
135 pages and in-depth TOC on Car Door
Latch Market  Global Forecast to 2021 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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