Market Overview:
The global automotive door lock parts 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 cars and commercial vehicles across the globe. The key operated locks parts segment is expected to account for a major share of the global automotive door lock parts market during the forecast period. This can be attributed to their low installation cost as compared to power locks parts. However, power locks are gaining popularity owing to their features such as enhanced security and convenience. Asia Pacific is expected to witness high growth rates during the forecast period due increased demand for passenger cars and commercial vehicles in countries such as China, India, Japan, South Korea and Thailand.
Product Definition:
The automotive door lock parts are the components that make up the locking mechanism for a car door. This mechanism typically includes a keyed cylinder, tumblers, and a bolt that locks the door shut. The parts are important because they keep people from being able to get into cars without permission and also prevent theft by preventing people from opening car doors from the outside.
Key Operated Locks Parts:
Key-operated locks are a type of manually operated lock, which is generally used in exterior door handles. The part consists of a cylinder with tumblers or plates that are turned by the key to unlock and lock the vehicle. Key-operated locks can be easily recognized as they have two distinct parts, namely the keyhole where the key is inserted and then turned by hand and an operating part where it inserts into one or more slots to turn tumblers.
Power Locks Parts:
Power locks parts are used in automotive door lock systems. The power lock system is responsible for providing both ignition locking as well as passenger safety from unauthorized access. Power locks parts comprise of actuators, cylinders, switches and cables that form the basic structure of a power lock system.
The market size for power locks parts is expected to witness significant growth over the forecast period owing to increasing demand from automobile manufacturers across the globe coupled with technological advancements in this sector.
Application Insights:
The passenger cars segment dominated the global automotive door lock parts market in 2017 and is expected to maintain its lead over the forecast period. The increasing production of passenger cars as a result of growing middle-class population, especially in emerging economies such as India and China, is projected to have a positive impact on industry growth.
Increasing demand for vehicles among millennials in North America and Europe is anticipated to boost product demand over the next eight years. In addition, rising per capita income levels coupled with low interest rates has facilitated affordable vehicle loans for first time buyers which further supports industry growth. Automotive manufacturers are also focusing on developing electric vehicles particularly in countries like Norway due to high availability of renewable energy sources such as wind turbines along with advanced lithium-ion battery technology that provides long range at lower costs which further supports industry growth.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing automobile production in countries, such as China, India, Japan and South Korea. Moreover, rising disposable income of consumers coupled with growing purchasing power of automotive companies is anticipated to drive demand for door lock parts across this region.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to stringent regulations regarding vehicle security systems by law enforcement bodies across this region. In addition, presence of key industry participants offering technologically advanced products for passenger cars as well as commercial vehicles will augment demand for door lock parts over the next eight years time frame.
Growth Factors:
- Increasing demand for automotive door lock parts from the OEMs due to the increasing production of vehicles.
- The increasing demand for luxury and premium cars is also expected to drive the growth of the market for automotive door lock parts in the near future.
- Growing awareness about safety and security among consumers is also projected to fuel the growth of this market in coming years.
- Technological advancements in locking systems are also anticipated to create new opportunities for this market in forthcoming years.
- Proliferation of aftermarket players offering customized solutions as per specific requirements is expected to boost growth prospects of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Door Lock Parts Market Research Report
By Type
Key Operated Locks Parts, Power Locks Parts, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Hatano Seimitsu (Japan), Koyo Electronics Industries (Japan), Nakamura Seisakusho (Japan), Sankyo Kogyo (Japan), Yamaguchi Mfg (Japan), Hatano Seimitsu (Japan)
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Door Lock Parts Market Report Segments:
The global Automotive Door Lock Parts market is segmented on the basis of:
Types
Key Operated Locks Parts, Power Locks Parts, Others
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 Cars, 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:
- Hatano Seimitsu (Japan)
- Koyo Electronics Industries (Japan)
- Nakamura Seisakusho (Japan)
- Sankyo Kogyo (Japan)
- Yamaguchi Mfg (Japan)
- Hatano Seimitsu (Japan)
Highlights of The Automotive Door Lock Parts 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:
- Key Operated Locks Parts
- Power Locks Parts
- Others
- By Application:
- Passenger Cars
- 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 Door Lock Parts 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 parts are the components that make up the locks and hinges on a car's doors. These parts include the cylinder, striker, keyway, and tumblers.
Some of the major players in the automotive door lock parts market are Hatano Seimitsu (Japan), Koyo Electronics Industries (Japan), Nakamura Seisakusho (Japan), Sankyo Kogyo (Japan), Yamaguchi Mfg (Japan), Hatano Seimitsu (Japan).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Door Lock Parts 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 Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Door Lock Parts 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 Parts 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 Parts Market Size & Forecast, 2018-2028
4.5.1 Automotive Door Lock Parts Market Size and Y-o-Y Growth
4.5.2 Automotive Door Lock Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
5.2.1 Key Operated Locks Parts
5.2.2 Power Locks Parts
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Door Lock Parts 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 Parts 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 Door Lock Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
9.6.1 Key Operated Locks Parts
9.6.2 Power Locks Parts
9.6.3 Others
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 Door Lock Parts Market Size Forecast by Applications
9.10.1 Passenger Cars
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 Door Lock Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
10.6.1 Key Operated Locks Parts
10.6.2 Power Locks Parts
10.6.3 Others
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 Door Lock Parts Market Size Forecast by Applications
10.10.1 Passenger Cars
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 Door Lock Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
11.6.1 Key Operated Locks Parts
11.6.2 Power Locks Parts
11.6.3 Others
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 Door Lock Parts Market Size Forecast by Applications
11.10.1 Passenger Cars
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 Door Lock Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
12.6.1 Key Operated Locks Parts
12.6.2 Power Locks Parts
12.6.3 Others
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 Door Lock Parts Market Size Forecast by Applications
12.10.1 Passenger Cars
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 Door Lock Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Door Lock Parts 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 Door Lock Parts Market Size Forecast by Type
13.6.1 Key Operated Locks Parts
13.6.2 Power Locks Parts
13.6.3 Others
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 Door Lock Parts Market Size Forecast by Applications
13.10.1 Passenger Cars
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 Door Lock Parts Market: Competitive Dashboard
14.2 Global Automotive Door Lock Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hatano Seimitsu (Japan)
14.3.2 Koyo Electronics Industries (Japan)
14.3.3 Nakamura Seisakusho (Japan)
14.3.4 Sankyo Kogyo (Japan)
14.3.5 Yamaguchi Mfg (Japan)
14.3.6 Hatano Seimitsu (Japan)
