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High Number of Players in Markets Leads to Medium Degree of Competition in the Car Door Latch Market

The Asian automotive latch market is projected to be the largest market owing to increasing vehicle production and sales due to an increase in disposable income.

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High Number of Players in Markets Leads to Medium Degree of Competition in the Car Door Latch Market

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  1. Car Door Latch Market by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2021 www.MarketsandMarkets.com

  2. The side door latch segment is estimated to be the largest segment The market share for side door latches is the largest and is growing at a CAGR mentioned in the report, during the forecast period. The per vehicle usage of side door latches is the highest at 4, compared to 1 to 2 for other latch types such as tail gate, hood, and seat, per vehicle. Hence, the side door latch market has the largest market share. The side door latch segment is estimated to be the fastest growing segment in the car door latch market in 2016, owing to a global rise in demand for automobiles. The per vehicle usage of side door latches is the highest, at 4 compared to 1 to 2 for other latch types such as tail gate, hood, and seat, per vehicle. Hence, the side door latch segment is the fastest growing segment. The active inertia latch and LED latch are estimated to dominate the automotive latch market in 2017. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=82258051

  3. The passenger car type is estimated to be the fastest growing segment in the global automotive latch market The passenger vehicle segment is growing at the highest CAGR as mentioned in the report, during the forecast period. Additionally, an increasing trend of extended cab type light commercial vehicles (LCV) has also helped the automotive latch market grow, as they have four side doors against the two in standard LCVs. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=82258051

  4. The electronic latch segment is estimated to be the fastest growing segment in the car door latch market. The demand for electronic latches has increased because of technological advancements and an increase in vehicle safety and security concerns. Technologically advanced features such as hands-free opening, collision avoidance, LED-sensors, super locking, selective locking, electric child safety, and power door releasing and closing are in demand by OEMs. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=82258051

  5. Asia-Pacific is estimated to be the largest region for the automotive latch market The Asian automotive latch market is projected to be the largest market owing to increasing vehicle production and sales due to an increase in disposable income. Additionally, the Chinese and Indian markets are witnessing an increase in demand for luxury cars. The sale of luxury cars in China and India has been increasing, which, in turn, is driving the demand for advanced technology latches also such as LED and power latches, among others. The major players in the car door latch market include Aisin Seiki Co., Ltd. (Japan), Mitsui Mining and Smelting Co., Ltd.(Japan),Kiekert AG (Germany), Magna International, Inc. (U.S.), Strattec Security Co. (U.S.), U-Shin, Ltd. (Japan), Shivani Locks Pvt. Ltd. (India), Brose FahrzeugteileGmbh & Co. (Germany), Inteva Products, Llc. (U.S.), and Minda VAST Access Systems Pvt. Ltd. (India). Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=82258051

  6. Market Ecosystem: The major players in the car door latch market include Aisin Seiki Co., Ltd (Japan), Mitsui Mining and Smelting Co., Ltd.(Japan), Kiekert AG (Germany), Magna International, Inc. (U.S.), Strattec Security Corporation (U.S.), Brose FahrzeugteileGmbh & Co. (Germany), U-Shin, Ltd. (Japan), Shivani Locks Pvt. Ltd. (India), Inteva Products, Llc (U.S.), and Minda VAST Access Systems Pvt. Ltd. (India). These companies collectively account for the major share of the automotive latch market. Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=82258051

  7. Browse >> 75market data tables 56figures 135 pagesand in-depth TOC "Car Door Latch Market by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2021“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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