IMARC Group, a leading market research company, has recently releases report titled “Automotive Door Handles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global automotive door handles market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the automotive door handles market?

The global automotive door handles market size reached US$ 4.42 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.84 Billion by 2028, exhibiting a growth rate (CAGR) of 5.00% during 2023-2028.

What are Automotive Door Handles?

An automotive door handle is a fundamental component meticulously engineered to allow the convenient opening and closing of vehicle doors. In their most basic form, they are levers or grips, typically manufactured from metals, plastics, or a combination of both, designed to withstand substantial use while maintaining the vehicle’s aesthetics. Although their primary function is practical, automotive door handles also contribute significantly to a vehicle’s design and overall visual appeal. Manufacturers often use them as unique branding elements, each bringing their own design language and innovative touches to stand out in the market. Additionally, they come with cutting-edge technologies including keyless entry, lighted entry systems, and anti-theft systems, all of which increase their usability and worth in the eyes of customers. They are functional devices for vehicle ingress and egress but also critical design elements that enhance a vehicle’s aesthetic appeal and technological sophistication.

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What are the growth prospects and trends in the automotive door handles industry?

Significant growth in the automotive sector majorly drives the global market. This can be supported by rising consumer spending and increased demand for passenger cars and commercial vehicles. Concurrently, consumer preference for aesthetic appeal and advanced features in vehicles is significantly supporting the market. Along with this, the increasing shift toward sustainability due to the growing environmental consciousness among the masses is catalyzing the demand for automotive door handles. In addition, the rising trend toward the use of eco-friendly materials in automotive parts manufacturing is encouraging the development of ‘green’ door handles that are manufactured from recyclable or bio-based materials. This is positively influencing the market. Apart from this, the advent of electric and autonomous vehicles offering high-tech door handles with sophisticated functionality is contributing to the market. Furthermore, the integration of innovative technology in door handles, such as sensor-based keyless access, is creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Market Breakup by Type:

  • Exterior Door Handles
  • Interior Door Handles

Market Breakup by Handle Type:

  • Mechanical
  • Automatic

Market Breakup by Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles

Market Breakup by Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • ALPHA Corporation
  • CI Car International Pvt. Ltd.
  • Huf Hulsbeck & Furst GmbH & Co. KG
  • HUSHAN Autoparts Inc.
  • MinebeaMitsumi Inc.
  • Sakae Riken Kogyo Co. Ltd.
  • Sandhar Technologies Limited
  • TriMark Corporation
  • Xin Point Corporation

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