Market Overview:
The global automotive door lock market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising trend of vehicle security and safety. The electronic door lock segment is expected to grow at a higher CAGR than the non-electronic door lock segment during the forecast period. Asia Pacific is expected to be the fastest growing region in terms of revenue, followed by Europe.
Product Definition:
An automotive door lock is a device used to secure an automobile's doors. The most common type of automotive door lock uses a key to unlock the door from the outside, and a button or handle to unlock the door from the inside.
Electronic Door Lock:
An electronic door lock is a device which prevents unauthorized access to a vehicle. It is installed in the inner side of the rear passenger door or driver's side door, and it uses an electromagnetic field for protection. The technology used in these locks has evolved over time; from simple tumblers to more complex systems using transponder codes and personal identification numbers (PINs).
Non-Electronic Door Lock:
Non-electronic door lock is a mechanical device used to remotely control the vehicle doors. It’s an essential component of automotive door lock system. The non-electronic door locks are usually in vehicles that have manual transmission and have no automatic transmission, such as economy cars and compact trucks.
The market for non-electronic door lock is expected to witness significant growth over the forecast period owing to increasing demand for these products from emerging economies including India.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing production of passenger cars in emerging economies including China, India and Brazil owing to growing middle-class population that requires vehicles for daily travels and work commute. Furthermore, stringent government regulations regarding door-to-door safety with airbags are expected to drive demand for automotive door lock systems in passenger cars over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to stringent regulations by regulatory bodies, such as National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT) and Federal Motor Carrier Safety Administration (FMCSA), for safety purposes in commercial vehicles and passenger cars.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income, rising vehicle production, technological advancements such as voice recognition systems coupled with a growing number of automobile manufacturers setting up manufacturing facilities in this region. Furthermore, favorable government initiatives are also expected to boost demand for door locks across this region during the forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Increasing demand for automotive door locks from the OEM segment is expected to be a key growth driver for the market during the forecast period.
- The increasing demand for advanced security features in vehicles is also expected to fuel the growth of the market during the forecast period.
- The increasing popularity of luxury and sports cars is also anticipated to drive demand for automotive door locks in the coming years.
- Growing awareness about vehicle safety among consumers is also projected to boost adoption of automotive door locks in near future. 5) Technological advancements in locking systems are likely to create new opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Door Lock Market Research Report
By Type
Electronic Door Lock, Non-Electronic Door Lock
By Application
Passenger Car, Commercial Vehicle
By Companies
Magna International Inc., Kiekert AG, Aisin Seiki Co., Ltd., Mitsui Mining and Smelting Co. Ltd., Strattec Security Corporation, U-Shin Ltd., Shivani Locks Pvt. Ltd., Inteva Products, LLC, Brose Fahrzeugteile GmbH & Co., Minda Vast Access Systems, Magna International Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Door Lock Market Report Segments:
The global Automotive Door Lock market is segmented on the basis of:
Types
Electronic Door Lock, Non-Electronic Door Lock
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magna International Inc.
- Kiekert AG
- Aisin Seiki Co., Ltd.
- Mitsui Mining and Smelting Co. Ltd.
- Strattec Security Corporation
- U-Shin Ltd.
- Shivani Locks Pvt. Ltd.
- Inteva Products, LLC
- Brose Fahrzeugteile GmbH & Co.
- Minda Vast Access Systems
- Magna International Inc.
Highlights of The Automotive Door Lock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electronic Door Lock
- Non-Electronic Door Lock
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Door Lock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive door lock is a security system that helps protect vehicles from unauthorized entry. It consists of a keyless entry system and an electronic locking mechanism that prevents the doors from being opened without the correct code or password.
Some of the major companies in the automotive door lock market are Magna International Inc., Kiekert AG, Aisin Seiki Co., Ltd., Mitsui Mining and Smelting Co. Ltd., Strattec Security Corporation, U-Shin Ltd., Shivani Locks Pvt. Ltd., Inteva Products, LLC, Brose Fahrzeugteile GmbH & Co., Minda Vast Access Systems, Magna International Inc..
The automotive door lock market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Door Lock Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Door Lock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Door Lock Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Door Lock Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Door Lock Market Size & Forecast, 2020-2028
4.5.1 Automotive Door Lock Market Size and Y-o-Y Growth
4.5.2 Automotive Door Lock Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electronic Door Lock
5.2.2 Non-Electronic Door Lock
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Door Lock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Door Lock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electronic Door Lock
9.6.2 Non-Electronic Door Lock
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electronic Door Lock
10.6.2 Non-Electronic Door Lock
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electronic Door Lock
11.6.2 Non-Electronic Door Lock
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electronic Door Lock
12.6.2 Non-Electronic Door Lock
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electronic Door Lock
13.6.2 Non-Electronic Door Lock
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Door Lock Market: Competitive Dashboard
14.2 Global Automotive Door Lock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magna International Inc.
14.3.2 Kiekert AG
14.3.3 Aisin Seiki Co., Ltd.
14.3.4 Mitsui Mining and Smelting Co. Ltd.
14.3.5 Strattec Security Corporation
14.3.6 U-Shin Ltd.
14.3.7 Shivani Locks Pvt. Ltd.
14.3.8 Inteva Products, LLC
14.3.9 Brose Fahrzeugteile GmbH & Co.
14.3.10 Minda Vast Access Systems
14.3.11 Magna International Inc.
