Market Overview:
The global automotive central locking market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive central locking market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into manual type and remote control type. The manual type segment is expected to account for a major share of the global automotive central locking market during the forecast period owing to its low cost as compared to remote control type. However, with technological advancements in remote control technology, this segment is expected witness high growth during the forecast period.
Product Definition:
An automotive central locking system is a system that locks all the doors of a vehicle from a single location. This location is typically the driver's seat. Central locking systems are common in passenger vehicles, SUVs, and pickup trucks.
Manual Type:
Manual type is a key component in automotive central locking systems. It's primary function is to provide convenience and security for vehicle users by making the system easy to use and understand. In addition, it also helps in increasing customer satisfaction level owing to its effortless operation.
The global market for manual type has been experiencing steady growth over the past few years on account of rising demand from emerging economies such as India, China, Vietnam, Thailand.
Remote Control Type:
The global remote control type market is expected to witness significant growth over the forecast period. The automotive industry has been witnessing technological advancements for a long time and it has influenced almost all areas of modern car-life, from engine performance to interior comfort. One such area that has benefited from technological changes is central locking systems.
These systems have been around for decades; however, with the advent of technology they are about to experience a makeover.
Application Insights:
The passenger vehicles segment dominated the global automotive central locking market in 2017 and is expected to maintain its lead over the forecast period. Automotive manufacturers are focusing on enhancing passenger car safety features, such as airbags and rollover protection, which is boosting demand for central locking systems in cars.
Commercial vehicles are also projected to witness significant growth over the forecast period owing to rising demand from construction equipment manufacturers for trucks with high safety standards. These companies require heavy-duty trucks with strong security measures so that they can transport valuable goods without risk of theft or damage. This trend will drive product demand further during the forecast period.
Asia Pacific will continue to be a key region driving this market due largely to increasing investments by foreign players operating through joint ventures.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as China and India. Furthermore, rising disposable income of consumers and improving standards of living are likely to contribute toward regional growth. Europe accounted for a significant share in 2017 owing to stringent regulations enforced by regulatory bodies, such as ETSB and EFRR concerning security features in vehicles. North America is also projected to have a considerable market share over the forecast period due to growing demand for high-quality central locking systems from U.S.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Growing automotive sector in developing countries
- Technological advancements in locking systems
- Rising vehicle ownership rates
- Increasing demand for security and safety features in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Central Locking Market Research Report
By Type
Manual Type, Remote Control Type
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Brose, Continental, Valeo, Kiekert（Lingyun Industrial Group）, Volkswagen, ZF TRW, U-Shin, Mitsuba, Steelmate, Tesor Plus, Kuo Chuan Precision, Xushun Dongming, Tinwo, Baifeng Electronic and Technology, PLC, SPY, Guangzhou Autolion Electronic Technology, Guangzhou Getron Automotive Electronics, Kending
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Central Locking Market Report Segments:
The global Automotive Central Locking market is segmented on the basis of:
Types
Manual Type, Remote Control Type
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 Vehicles, Commercial Vehicles
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:
- Brose
- Continental
- Valeo
- Kiekert（Lingyun Industrial Group）
- Volkswagen
- ZF TRW
- U-Shin
- Mitsuba
- Steelmate
- Tesor Plus
- Kuo Chuan Precision
- Xushun Dongming
- Tinwo
- Baifeng Electronic and Technology
- PLC
- SPY
- Guangzhou Autolion Electronic Technology
- Guangzhou Getron Automotive Electronics
- Kending
Highlights of The Automotive Central Locking 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:
- Manual Type
- Remote Control Type
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- 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 Central Locking 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 Central Locking is a security feature that helps protect your vehicle from theft. When you lock your car, the key will not work unless the car's ignition has been turned off and the doors are closed.
Some of the key players operating in the automotive central locking market are Brose, Continental, Valeo, Kiekert¯Â¼Ë†Lingyun Industrial Group¯Â¼â€°, Volkswagen, ZF TRW, U-Shin, Mitsuba, Steelmate, Tesor Plus, Kuo Chuan Precision, Xushun Dongming, Tinwo, Baifeng Electronic and Technology, PLC, SPY, Guangzhou Autolion Electronic Technology, Guangzhou Getron Automotive Electronics, Kending.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Central Locking 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 Central Locking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Central Locking 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 Central Locking 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 Central Locking Market Size & Forecast, 2018-2028
4.5.1 Automotive Central Locking Market Size and Y-o-Y Growth
4.5.2 Automotive Central Locking Market Absolute $ Opportunity
Chapter 5 Global Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Type
5.2.1 Manual Type
5.2.2 Remote Control Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Central Locking 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 Central Locking 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 Automotive Central Locking Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Type
9.6.1 Manual Type
9.6.2 Remote Control Type
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 Automotive Central Locking Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
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 Automotive Central Locking Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Type
10.6.1 Manual Type
10.6.2 Remote Control Type
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 Automotive Central Locking Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
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 Automotive Central Locking Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Type
11.6.1 Manual Type
11.6.2 Remote Control Type
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 Automotive Central Locking Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
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 Automotive Central Locking Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Central Locking 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 Automotive Central Locking Market Size Forecast by Type
12.6.1 Manual Type
12.6.2 Remote Control Type
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 Automotive Central Locking Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
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) Automotive Central Locking Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Central Locking 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) Automotive Central Locking Market Size Forecast by Type
13.6.1 Manual Type
13.6.2 Remote Control Type
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) Automotive Central Locking Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
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 Central Locking Market: Competitive Dashboard
14.2 Global Automotive Central Locking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brose
14.3.2 Continental
14.3.3 Valeo
14.3.4 Kiekert（Lingyun Industrial Group）
14.3.5 Volkswagen
14.3.6 ZF TRW
14.3.7 U-Shin
14.3.8 Mitsuba
14.3.9 Steelmate
14.3.10 Tesor Plus
14.3.11 Kuo Chuan Precision
14.3.12 Xushun Dongming
14.3.13 Tinwo
14.3.14 Baifeng Electronic and Technology
14.3.15 PLC
14.3.16 SPY
14.3.17 Guangzhou Autolion Electronic Technology
14.3.18 Guangzhou Getron Automotive Electronics
14.3.19 Kending
