Global Automotive Door Latch Market Insights and Forecast to 2028

Vehicle 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.
Market Analysis and Insights: Global Automotive Door Latch Market
Due to the COVID-19 pandemic, the global Automotive Door Latch market size is estimated to be worth US$ 24250 million in 2022 and is forecast to a readjusted size of US$ 28790 million by 2028 with a CAGR of 2.9% during the review period. Fully considering the economic change by this health crisis, Passenger Car accounting for % of the Automotive Door Latch global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Side Door Latch segment is altered to an % CAGR throughout this forecast period.
China Automotive Door Latch market size is valued at US$ million in 2021, while the US and Europe Automotive Door Latch are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Automotive Door Latch landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Automotive Door Latch include Kiekert AG, WITTE, Brose, Magna, Strattec, GECOM Corporation, Mitsui Kinzoku, Aisin MFG.Illinois and Magal Engineering and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Automotive Door Latch capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Automotive Door Latch by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Automotive Door Latch Scope and Segment
Automotive Door Latch market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Door Latch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Passenger Car
LCV
HCV
Segment by Application
Side Door Latch
Tailgate Latch
Back Seat
Hood Latch
Others
By Company
Kiekert AG
WITTE
Brose
Magna
Strattec
GECOM Corporation
Mitsui Kinzoku
Aisin MFG.Illinois
Magal Engineering
IFB Automotive Private Limited
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E