Automotive Latch Market by Region (North America, Europe, Asia-Oceania and ROW), Vehicle Type (Passenger Vehicle and Commercial Vehicle) Application (Side door latch, Hood latch, Tail gate latch, Seat latch and Glove box latch) Lock Type (Electronic lock and Mechanical lock)
Automotive latches are used for various applications in a vehicle for restriction on accessibility. The automotive latch application ranges from latches used for vehicle door locks to the in-vehicle applications such as latches used for seats belts or glove box latches. The automotive latch market is having a high growth rate owing to the growth in vehicle sales for both in the passenger vehicle and in commercial vehicle segment. The global passenger vehicle market sales have grown from 60.7 million units in 2012 to 66.1 Million units in 2015, similarly the sales for global commercial vehicles has increased from 21.5 Million units in 2012 to 23.4 Million units in 2015. Moreover, the growth in demand of latches can also be associated with the growing demand of various sub-segment of the passenger vehicles like the Sports utility vehicle (SUV) segment, that have a higher per unit requirement of latches then other sub-segment of passenger vehicles. As per the Markets and Markets estimate the global sales of SUV will grow with a CAGR of 5.36% up to 2020 with projected sales in 2020 to be of 30.2 million units. Also the demand of latches is increasing with the higher demand of luxury features/ comfort features in the automotive industry along with growing requirement of storage spaces that require the application of latches.
This report provides the global market size and forecast for automotive latch market. It is segmented based on the geographical regions and applications including application by type of latches and application by type of vehicle. The report will forecast a period from 2016 to 2021. The report will include analysis of automotive latch market for passenger vehicle and commercial vehicle in various regions of the world including the Americas, Europe, Asia-Oceania and ROW
Objectives of the study
- To define, describe, and project the global automotive latch market on the basis of region, vehicle type, by latch type and by lock type
- To identify the market dynamics and analyze their impact on the global automotive latch market
- To provide the market size and forecast of the global automotive latch market for four key regions namely, Asia-Oceania, Europe, North America, and RoW (Rest of the World)
- To strategically profile key automotive latch manufacturers and analyze their market ranking
- To provide a detailed competitive landscape which includes developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other industry activities carried out by key industry participants
The research methodology used in the report involves various secondary sources, including paid databases and directories. The market sizing and trends will be validated by in-depth interviews with industry experts.
Target Audience
- Automotive Latch Manufacturers
- Automotive Lock Manufacturers
- Automotive OEMs
- Electronic components manufacturers
- Key Latch & Lock suppliers (Dealers/Distributors)
Scope of the Report
- By Region
- North America
- Europe
- Asia- Oceania
- RoW
- By Vehicle Type
- Passenger Car
- Commercial and Special Vehicles
- By Application Type
- Side door latch
- Hood latch
- Tail gate latch
- Seat latch
- Glove box latch
- By Lock Type
- Electronic lock
- Mechanical lock
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Limitation
2 Research Methodology
2.1 Secondary and Primary Data Sources
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Who Supplies Whom
4.1.1 Side Door/Sliding Door Closure
4.1.2 Back Door Lock / Trunk Lock
4.1.3 Control Cable for Door/Lock
4.1.4 Side Door Lock
(The Data Would Be Available for Key Oems From Select Regions)
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.3.4 Challenges
5.4 Porter’s Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
6 Automotive Latch Market
6.1 Introduction
6.2 Market, By Region, By Country
6.2.1 North America
6.2.1.1 U.S.
6.2.1.2 Mexico
6.2.1.3 Canada
6.2.2 Europe
6.2.2.1 Italy
6.2.2.2 U.K.
6.2.2.3 Germany
6.2.2.4 France
6.2.2.5 Others
6.2.3 Asia-Oceania
6.2.3.1 China
6.2.3.2 India
6.2.3.3 Japan
6.2.3.4 South Korea
6.2.3.5 Others
6.2.4 RoW
6.2.4.1 Brazil
6.2.4.2 South Africa
6.2.4.3 Others
7 Automotive Latch Market, By Vehicle Type
7.1 Introduction
7.2 Market, By Vehilce Type
7.2.1 Passenger Cars
7.2.2 Light Commercial Vehicles
8 Automotive Latch Market Share, By Application
8.1 Introduction
8.2 Market, By Application
8.2.1 Side Door Latch
8.2.2 Hood Latch
8.2.3 Tail Gate Latch
8.2.4 Seat Latch
8.2.5 Glove Box Latch
9 Automotive Latch Market Share, By Lock Type
9.1 Introduction
9.2 Market, By Lock Type
9.2.1 Elecronic Lock
9.2.2 Mechanical Lock
10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis: Automotive Latch Market
10.3 Market Ranking Analysis: Automotive Lock Market
10.3 New Product Launhes
10.4 Mergers and Acquisitions
10.5 Expansion
10.6 Agreements, Joint Ventures & Partnerships
11 Competitor Profiles
11.1 Introduction
11.2 Minda Vast Access Systems
11.3 Kiekert AG
11.4 Mitsui Kinzoku
11.5 Aisin Seiki
11.6 Inteva Products
11.7 Magna International
11.8 Brose Fahrzeugteile
11.9 Witte
Growth opportunities and latent adjacency in Automotive Latch Market