Automotive Door Latch Market to Witness Robust Expansion by 2025 - QY Research, Inc.
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City of Industry, CA -- (SBWire) -- 06/30/2018 --This report studies the global Automotive Door Latch market status and forecast, categorizes the global Automotive Door Latch market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
Automotive doors are securely closed with the help of door latches. The latch can be electronic or non-electronic. The market covers automotive door latches used for side doors, hoods, and tailgate.
The passenger vehicle type segment is growing at the highest CAGR as mentioned in report, during the forecast period from 2018 to 2023. However, an emerging trend of extended cab type light commercial vehicles (LCV) has also helped the latch market grow, as they have four side doors against the two in standard LCVs.
The Asia-Pacific market is estimated to be the largest market with the highest market share of in the car door latch market, by value and volume. 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 in countries like India and China.
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The major manufacturers covered in this report
Mitsui Mining and Smelting
Minda Vast Access Systems
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
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