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