Market Overview:
The global vehicle door lockset 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 security concerns among consumers. The global vehicle door lockset market is segmented on the basis of type, application, and region. On the basis of type, it is divided into pin tumbler, wafer tumbler, and others. Pin tumbler locksets are more common than other types due to their low cost and easy installation. They are used in both passenger cars and commercial vehicles. Wafer tumbler locksets are more secure than pin tumblers as they have multiple locking points that make them difficult to pick or tamper with. They are mainly used in high-security applications such as armored cars or bank vaults. Others include dimple key lock systems and electronic keyless entry systems etc.
Product Definition:
A vehicle door lockset is a device that is used to lock and unlock the doors of a vehicle. It typically consists of a key cylinder, a tumbler, and a locking mechanism. The key cylinder is used to insert the key into the lockset in order to unlock or lock the door. The tumbler is responsible for rotating the locking mechanism when the key is inserted into it. The locking mechanism prevents unauthorized access to the vehicle by securing the door shut. Vehicle door locksets are important for deterring theft and preventing unauthorised access to vehicles.
Pin Tumbler:
The pin tumbler is a type of lock that uses a small metal ball as a key. The ball has to be rolled between two plates in order to turn the lock and unlock the door. It is one of the oldest locking systems used for opening and closing doors.
Wafer Tumbler:
The wafer tumbler is a device used to test the strength of various types of locks by turning them into combinations. It consists of an open frame with wheels at the bottom and bars on each side, which are used to carry out tests on wards up and down strokes. The tumbler is mounted on a testing machine that has controls for setting combination codes.
Wafer tumblers are mainly employed in vehicle door lock systems as they can test both mechanical.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The increasing number of single-family homes in developed countries such as U.S., Germany, and France has led to a rise in demand for vehicle door locks that are compatible with these types of doors. Furthermore, rising consumer preference for vehicles equipped with automatic locking systems is expected to drive the product demand over the forecast period.
The commercial vehicle segment is anticipated to witness significant growth at a CAGR of XX%, from 2018 to 2030 owing to an increase in the adoption of lorries and buses across end-use markets including construction, mining sites, agricultural transport etcetera worldwide due largely without a doubt primarily bus manufacturers have been focusing on providing safety features along with enhanced aesthetics which include offering door lock sets as an option on their existing product lines thereby driving market growth over the forecast period (2017 - 2030).
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 India and China. In addition, rising disposable income of consumers and improving standards of living are likely to contribute toward regional growth. Europe is also estimated to witness significant growth over the coming years owing to high demand for luxury vehicles in countries, such as Germany and France. Moreover, growing adoption of smart devices for vehicle access control has increased consumer preference for door locksets with integrated smart features.
North America accounted for a major market share in 2017 owing its large presence of key manufacturers including Schlage Lock Corporation; Kwikset Corp.; August Home Inc.; and Cylink Technologies Inc., among others.
Growth Factors:
- Increasing demand for advanced security systems in vehicles
- Growing number of vehicle thefts and break-ins
- Proliferation of smart cars and the internet of things (IoT)
- Rising demand for luxury cars and SUVs
- Technological advancements in vehicle door lockset technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Door Lockset Market Research Report
By Type
Pin Tumbler, Wafer Tumbler, Others
By Application
Passenger Car, Commercial Vehicle
By Companies
Aisin Seiki, Magna, Strattec Security Corporation, Brose Fahrzeugteile, U-Shin (MinebeaMitsumi), Spark Minda, Inteva Products, Kiekert, Mitsui Kinzoku ACT Corporation, Protex, Aisin Seiki, D&D BUILDERS HARDWARE, Sierra Pacific Engineering & Products, Car Lock Systems, Hangzhou HY
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Door Lockset Market Report Segments:
The global Vehicle Door Lockset market is segmented on the basis of:
Types
Pin Tumbler, Wafer Tumbler, 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 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:
- Aisin Seiki
- Magna
- Strattec Security Corporation
- Brose Fahrzeugteile
- U-Shin (MinebeaMitsumi)
- Spark Minda
- Inteva Products
- Kiekert
- Mitsui Kinzoku ACT Corporation
- Protex
- Aisin Seiki
- D&D BUILDERS HARDWARE
- Sierra Pacific Engineering & Products
- Car Lock Systems
- Hangzhou HY
Highlights of The Vehicle Door Lockset 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:
- Pin Tumbler
- Wafer Tumbler
- Others
- 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 Vehicle Door Lockset 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?
A vehicle door lockset is a component of a car or truck that secures the door from the inside. It includes a lock and key, and is typically mounted on the outside of the door.
Some of the key players operating in the vehicle door lockset market are Aisin Seiki, Magna, Strattec Security Corporation, Brose Fahrzeugteile, U-Shin (MinebeaMitsumi), Spark Minda, Inteva Products, Kiekert, Mitsui Kinzoku ACT Corporation, Protex, Aisin Seiki, D&D BUILDERS HARDWARE, Sierra Pacific Engineering & Products, Car Lock Systems, Hangzhou HY.
The vehicle door lockset market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Door Lockset 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 Vehicle Door Lockset Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Door Lockset 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 Vehicle Door Lockset 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 Vehicle Door Lockset Market Size & Forecast, 2018-2028
4.5.1 Vehicle Door Lockset Market Size and Y-o-Y Growth
4.5.2 Vehicle Door Lockset Market Absolute $ Opportunity
Chapter 5 Global Vehicle Door Lockset 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 Vehicle Door Lockset Market Size Forecast by Type
5.2.1 Pin Tumbler
5.2.2 Wafer Tumbler
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Door Lockset 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 Vehicle Door Lockset 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 Vehicle Door Lockset 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 Vehicle Door Lockset 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 Vehicle Door Lockset Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Door Lockset 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 Vehicle Door Lockset Market Size Forecast by Type
9.6.1 Pin Tumbler
9.6.2 Wafer Tumbler
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 Vehicle Door Lockset 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 Vehicle Door Lockset Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Door Lockset 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 Vehicle Door Lockset Market Size Forecast by Type
10.6.1 Pin Tumbler
10.6.2 Wafer Tumbler
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 Vehicle Door Lockset 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 Vehicle Door Lockset Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Door Lockset 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 Vehicle Door Lockset Market Size Forecast by Type
11.6.1 Pin Tumbler
11.6.2 Wafer Tumbler
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 Vehicle Door Lockset 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 Vehicle Door Lockset Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Door Lockset 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 Vehicle Door Lockset Market Size Forecast by Type
12.6.1 Pin Tumbler
12.6.2 Wafer Tumbler
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 Vehicle Door Lockset 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) Vehicle Door Lockset Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Door Lockset 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) Vehicle Door Lockset Market Size Forecast by Type
13.6.1 Pin Tumbler
13.6.2 Wafer Tumbler
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) Vehicle Door Lockset 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 Vehicle Door Lockset Market: Competitive Dashboard
14.2 Global Vehicle Door Lockset Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Seiki
14.3.2 Magna
14.3.3 Strattec Security Corporation
14.3.4 Brose Fahrzeugteile
14.3.5 U-Shin (MinebeaMitsumi)
14.3.6 Spark Minda
14.3.7 Inteva Products
14.3.8 Kiekert
14.3.9 Mitsui Kinzoku ACT Corporation
14.3.10 Protex
14.3.11 Aisin Seiki
14.3.12 D&D BUILDERS HARDWARE
14.3.13 Sierra Pacific Engineering & Products
14.3.14 Car Lock Systems
14.3.15 Hangzhou HY
