Car Door Latch Market is set to witness a stable CAGR in the forecast period of 2019-2026

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Car Door Latch Market is set to witness a stable
CAGR in the forecast period of 2019-2026
Car Door Latch Market, By Application (Side Door
Latch, Hood Latch, Tailgate Latch, Back Seat
Latch), Lock Type (Electronic Latch,
Non-Electronic Latch), Vehicle Type (Passenger
Vehicles, Commercial Vehicles), Sales Channel
(Aftermarket, OEM), Geography (North America,
South America, Europe, Asia-Pacific, Middle East
and Africa) Industry Trends and Forecast to
2026
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Report Description
Global Car Door Latch Market is expected to rise
from its initial estimated value of USD 5.60
billion in 2018 to an estimated value of USD 8.65
billion by 2026, registering a CAGR of 5.58 in
the forecast period of 2019-2026. This rise in
market value can be attributed to the growth of
the automobile market. Car door latch are a type
of locking mechanisms used in door handles and
hoods of the car. These latches are used to lock
the doors and hoods ensuring the safety of the
vehicles along with the safety of its passengers
and contents. These latches are present in every
lock of the vehicle and require regular check and
maintenance to ensure their working.
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Major Key Players

• Some of the major players operating in this
  market are
• Kiekert AG
• Magna International Inc.
• STRATTEC SECURITY CORPORATION
• U-Shin Ltd.
• Shivani Locks Pvt. Ltd.
• Brose Fahrzeugteile GmbH Co. KG
• Inteva Products
• VAST
• AISIN SEIKI Co. Ltd

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Market Segmentation

• By lock Type (Electronic Latch, Non-Electronic
  Latch)
• By Application (Side Door Latch, Hood Latch,
  Tailgate Latch, Back Seat Latch)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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