Market Overview:
The global vehicle extendable door handle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury vehicles and mainstream vehicles across the globe. Additionally, the rising awareness about safety and security among consumers is also propelling the demand for extendable door handles in vehicles. The global vehicle extendable door handle market can be segmented on the basis of type into rear translational extendable door handle and translational extendable door handle. The rear translational Extendable Door Handle segment is projected to grow at a higher CAGR as compared to other segments during the forecast period from 2018-2030 owing to its growing popularity among consumers for its easy operability and added safety features such as obstruction detection system that prevents any object from getting stuck in between while opening or closing of car doors, which might cause injury or damage. On basis of application,the global vehicle Extendible Door Handle Market can be classified into mainstream vehicles and luxury cars/vehicles segments .
Product Definition:
A vehicle extendable door handle is a device that allows the driver or passenger to open the door of a car from the inside, even if the door is blocked by something. The importance of this device is that it can help you get out of your car in an emergency situation, even if there's something blocking the door.
Rear Translational Extendable Door Handle:
Rear translational extendable door handle is a rear-mounted device that can be extended when needed to provide extra space and comfort inside the vehicle. It’s mainly used in cars, trucks, buses or any other vehicles for opening the doors from outside. The market for rear translational extendable door handle is driven by factors such as growing demand for safety features and technological advancements in automotive manufacturing.
Translational Extendable Door Handle:
The extendable door handle is a device that is mounted on the inner side of an automobile door. It has a lever or stick which can be extended from the inside to outside of the vehicle, and vice versa. The extendable door handle works as an ordinary hand-held pole, which can be used for opening and closing doors.
In vehicles with standard rear windows, there are two types of handles - fixed and retractable/extendable.
Application Insights:
The mainstream vehicles application segment accounted for the largest share of over 60.0% in 2017. The segment is expected to witness growth on account of increasing demand from commercial as well as passenger vehicles. In addition, the rising preference for side door handles due to aesthetic preferences is expected to drive the market growth over the forecast period.
The luxury vehicle extendable door handle industry is estimated to expand at a CAGR of XX% from 2018 to 2030 owing to growing demand for premium quality products by various automotive manufacturers globally including Infiniti, Mercedes-Benz and BMW among others. These luxury vehicles are generally equipped with more sophisticated safety features such as airbags and anti-intrusion devices which enhance overall passenger safety significantly thereby driving product demand across various segments globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global vehicle extendable door handle market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for extended vehicles in countries such as China, India, and Japan. Furthermore, rising disposable income of consumers is anticipated to fuel the product demand further.
The North American market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to high consumer awareness regarding vehicle security systems coupled with growing crime rates are expected drive product adoption across this region. Moreover, stringent government regulations pertaining road safety are also driving regional growth. For instance; In March 2015; The National Highway Traffic Safety Administration (NHTSA) issued a regulation that required all new passenger cars manufactured after 2012 model year have an emergency alert system that can be activated using a button inside the driver’s door or outside on the exterior surface of either front quarter panel [3].
Growth Factors:
- Increasing demand for vehicles: The global vehicle production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing demand for passenger cars and commercial vehicles. This is anticipated to boost the growth of the vehicle extendable door handle market.
- Rising disposable income: The rising disposable income has led to an increase in consumer spending on luxury items, including automobiles. This is projected to propel the growth of the market in coming years.
- Technological advancements: The emergence of new technologies has led to innovative product offerings in the automotive sector, which is likely to fuel market growth over the forecast period. For instance, automakers are increasingly offering advanced features such as keyless entry and start systems that require no physical contact with a key or fob transmitter for unlocking or starting a car engine; these systems use sensors mounted on or near each door handle that detect when a driver or passenger approaches with an authorized key fob transmitter nearby (within range). Such technological advancements are expected to create opportunities for market players and drive demand for their products over time..
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Extendable Door Handle Market Research Report
By Type
Rear Translational Extendable Door Handle, Translational Extendable Door Handle
By Application
Mainstream Vehicles, Luxury Vehicles
By Companies
Illinois Tool Works Inc., Huf Group, VAST, U-Shin, HuaDe Holding Group Co.,Ltd., Shanghai Ruier Industrial Co., Ltd.
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Extendable Door Handle Market Report Segments:
The global Vehicle Extendable Door Handle market is segmented on the basis of:
Types
Rear Translational Extendable Door Handle, Translational Extendable Door Handle
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
Mainstream Vehicles, Luxury 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:
- Illinois Tool Works Inc.
- Huf Group
- VAST
- U-Shin
- HuaDe Holding Group Co.,Ltd.
- Shanghai Ruier Industrial Co., Ltd.
Highlights of The Vehicle Extendable Door Handle 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:
- Rear Translational Extendable Door Handle
- Translational Extendable Door Handle
- By Application:
- Mainstream Vehicles
- Luxury 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 Vehicle Extendable Door Handle 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 extendable door handle is a device that allows the driver of a car to open the door from outside without having to get out of the car.
Some of the key players operating in the vehicle extendable door handle market are Illinois Tool Works Inc., Huf Group, VAST, U-Shin, HuaDe Holding Group Co.,Ltd., Shanghai Ruier Industrial Co., Ltd..
The vehicle extendable door handle 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 Vehicle Extendable Door Handle 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 Extendable Door Handle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Extendable Door Handle 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 Extendable Door Handle 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 Extendable Door Handle Market Size & Forecast, 2018-2028
4.5.1 Vehicle Extendable Door Handle Market Size and Y-o-Y Growth
4.5.2 Vehicle Extendable Door Handle Market Absolute $ Opportunity
Chapter 5 Global Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
5.2.1 Rear Translational Extendable Door Handle
5.2.2 Translational Extendable Door Handle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Applications
6.2.1 Mainstream Vehicles
6.2.2 Luxury Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Extendable Door Handle 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 Extendable Door Handle 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 Extendable Door Handle Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
9.6.1 Rear Translational Extendable Door Handle
9.6.2 Translational Extendable Door Handle
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 Extendable Door Handle Market Size Forecast by Applications
9.10.1 Mainstream Vehicles
9.10.2 Luxury 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 Vehicle Extendable Door Handle Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
10.6.1 Rear Translational Extendable Door Handle
10.6.2 Translational Extendable Door Handle
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 Extendable Door Handle Market Size Forecast by Applications
10.10.1 Mainstream Vehicles
10.10.2 Luxury 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 Vehicle Extendable Door Handle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
11.6.1 Rear Translational Extendable Door Handle
11.6.2 Translational Extendable Door Handle
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 Extendable Door Handle Market Size Forecast by Applications
11.10.1 Mainstream Vehicles
11.10.2 Luxury 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 Vehicle Extendable Door Handle Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
12.6.1 Rear Translational Extendable Door Handle
12.6.2 Translational Extendable Door Handle
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 Extendable Door Handle Market Size Forecast by Applications
12.10.1 Mainstream Vehicles
12.10.2 Luxury 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) Vehicle Extendable Door Handle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Extendable Door Handle 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 Extendable Door Handle Market Size Forecast by Type
13.6.1 Rear Translational Extendable Door Handle
13.6.2 Translational Extendable Door Handle
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 Extendable Door Handle Market Size Forecast by Applications
13.10.1 Mainstream Vehicles
13.10.2 Luxury 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 Vehicle Extendable Door Handle Market: Competitive Dashboard
14.2 Global Vehicle Extendable Door Handle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Illinois Tool Works Inc.
14.3.2 Huf Group
14.3.3 VAST
14.3.4 U-Shin
14.3.5 HuaDe Holding Group Co.,Ltd.
14.3.6 Shanghai Ruier Industrial Co., Ltd.
