Global Automotive Door Handles Market to Reach $8 Billion by 2027. Mechanical Handles Will Continue to Dominate the Market - Arizton

CHICAGO, Dec. 6, 2022 /PRNewswire/ -- According to Arizton's latest research report, the automotive door handles market will grow at a CAGR of 2.85% from 2021 to 2027.  Factors such as the increasing number of passenger & commercial production vehicles and increasing disposable income are boosting the industry's growth. Manufacturers are developing smart technologies in automotive door handles to provide hassle-free operation to vehicle owners. Technological advancements offer an excellent opportunity for vendors to develop innovative door handles for the vehicle.

Aesthetics tend to play an essential part when it comes to decision-making. Aesthetics is also important in encouraging customers to purchase the vehicle, spare parts, and replacements. Audi claims that aesthetics account for 60% of the overall factors influencing a customer's selection. Such factors are contributing majorly to the global automotive door handles market growth.

Automotive Door Handles Market Report Scope

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. Request for Free Sample Report

The rise in safety concerns and the demand for variety and aesthetics in automotive door handles are key factors driving the demand for innovative technologies. Players in the automotive door handles market focus on developing innovative products and investing in R&D activities to expand their product portfolios. Moreover, international players have been adopting an inorganic strategy to expand their footprint in the global market. It primarily involves the expansion and launching of innovative products to strengthen their market position, which significantly induces competition in the market. Although established businesses dominate the market, there are huge potential opportunities for new entrants who make low-cost goods for rising end markets.

Impact of Variety and Aesthetics on Automotive Door Handles

Globally, car enthusiasts aged 16 to 24 spent $7.6 million in 2021 to customize their vehicles. This includes vehicle interiors and exteriors. Replacement door handles and interiors typically cost between $70 and $300, while exteriors cost between $100 and $500. Although the costliest automobile door handles can cost up to USD 1500, the market for automotive door handles is driven by the wide variety of handles that are available to clients.

APAC Automotive Door Handles Market to Cross USD 3.34 Billion by 2027

The global automotive door handles market has many companies operating in significant parts of the world. APAC is the largest industry for automotive door handles and is expected to cross $3.34 billion by 2027. The automotive sector is rapidly expanding due to continued industrialization, low-cost labor, and abundant raw resources, which has increased demand for automotive door handles in the APAC region. In 2021, China accounted for a revenue share of 55.81% and emerged as the leading automotive door handles market in the Asia Pacific.

Key Vendors

• CI Car International
• Dorman Products
• Guangzhou Yishan Auto Parts
• Huf
• OMIX
• Quadratec
• Magna International
• Minda VAST Access Systems
• Mitsui Mining & Smelting
• Kakihara Industries
• Sandhar
• Illinois Tool Works

Market Segmentation Analysis

Material Type

• Plastic
• Chrome/Steel
• Others

Handle Type

• Mechanical
• Automatic

Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

Sales Channel

• OEM
• Aftermarket

Geography

• North America
• US
• Canada
• Europe
• Germany
• Spain
• France
• Czech Republic
• Slovakia
• APAC
• China
• Japan
• India
• South Korea
• Thailand
• Middle East & Africa
• GCC
• South Africa
• Latin America
• Mexico
• Brazil

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET SEGMENTATION BY MATERIAL TYPE

4.4.2 MARKET SEGMENTATION BY HANDLE TYPE

4.4.3 MARKET SEGMENTATION BY VEHICLE TYPE

4.4.4 MARKET SEGMENTATION BY SALES CHANNEL

4.4.5 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 MARKET OVERVIEW

7.2 MARKET DYNAMICS: KEY TRENDS, DRIVERS, AND RESTRAINTS

7.2.1 MARKET TRENDS

7.2.2 MARKET DRIVERS

7.2.3 MARKET RESTRAINTS

7.3 SEGMENT ANALYSIS

7.4 GEOGRAPHICAL ANALYSIS

7.5 COMPETITIVE LANDSCAPE

7.6 ABOUT THE REPORT

8 INTRODUCTION

8.1 OVERVIEW

8.2 TYPES OF DOOR HANDLES

8.3 MACROECONOMIC FACTORS

8.3.1 AUTOMOTIVE INDUSTRY

8.4 ESCALATING DEMAND FOR VEHICLES

8.5 VALUE CHAIN ANALYSIS

8.5.1 MATERIAL SUPPLIERS

8.5.2 MANUFACTURERS

8.5.3 DISTRIBUTORS

8.5.4 OEM/AFTERMARKET

8.6 IMPACT OF COVID-19

9 MARKET OPPORTUNITIES & TRENDS

9.1 RISING INNOVATION IN AUTOMOTIVE DOOR HANDLES

9.2 IMPROVEMENT IN VEHICLE AERODYNAMICS

9.3 INCREASING FOCUS ON VEHICLE SAFETY

10 MARKET GROWTH ENABLERS

10.1 RAPID GROWTH IN URBANIZATION AND MIDDLE-INCOME POPULATION

10.2 INCREASE IN DEMAND FOR PASSENGER VEHICLES IN EMERGING ECONOMIES

10.3 VARIETY AND AESTHETICS IN AUTOMOTIVE DOOR HANDLES

11 MARKET RESTRAINTS

11.1 SUPPLY CHAIN DISRUPTIONS IN THE AUTOMOTIVE INDUSTRY

11.2 HIGHLY FRAGMENTED MARKETPLACE

12 MARKET LANDSCAPE

12.1 MARKET SIZE & FORECAST

12.2 FIVE FORCES ANALYSIS

12.2.1 THREAT OF NEW ENTRANTS

12.2.2 BARGAINING POWER OF SUPPLIERS

12.2.3 BARGAINING POWER OF BUYERS

12.2.4 THREAT OF SUBSTITUTES

12.2.5 COMPETITIVE RIVALRY

13 MATERIAL TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 PLASTIC

13.3.1 MARKET SIZE & FORECAST

13.3.2 MARKET BY GEOGRAPHY

13.4 CHROME/STEEL

13.4.1 MARKET SIZE & FORECAST

13.4.2 MARKET BY GEOGRAPHY

13.5 OTHERS

13.5.1 MARKET SIZE & FORECAST

13.5.2 MARKET BY GEOGRAPHY

14 HANDLE TYPE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 MECHANICAL

14.3.1 MARKET SIZE & FORECAST

14.3.2 MARKET BY GEOGRAPHY

14.4 AUTOMATIC

14.4.1 MARKET SIZE & FORECAST

14.4.2 MARKET BY GEOGRAPHY

15 VEHICLE TYPE

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 PASSENGER VEHICLE

15.3.1 MARKET SIZE & FORECAST

15.3.2 MARKET BY GEOGRAPHY

15.4 COMMERCIAL VEHICLE

15.4.1 MARKET SIZE & FORECAST

15.4.2 MARKET BY GEOGRAPHY

16 SALES CHANNEL

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 MARKET OVERVIEW

16.3 OEM

16.3.1 MARKET SIZE & FORECAST

16.3.2 MARKET BY GEOGRAPHY

16.4 AFTERMARKET

16.4.1 MARKET SIZE & FORECAST

16.4.2 MARKET BY GEOGRAPHY

17 GEOGRAPHY

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 GEOGRAPHIC OVERVIEW

18 APAC

18.1 MARKET SIZE & FORECAST

18.2 MATERIAL TYPE

18.2.1 MARKET SIZE & FORECAST

18.3 HANDLE TYPE

18.3.1 MARKET SIZE & FORECAST

18.4 VEHICLE TYPE

18.4.1 MARKET SIZE & FORECAST

18.5 SALES CHANNEL

18.5.1 MARKET SIZE & FORECAST

18.6 KEY COUNTRIES

18.6.1 CHINA: MARKET SIZE & FORECAST

18.6.2 JAPAN: MARKET SIZE & FORECAST

18.6.3 INDIA: MARKET SIZE & FORECAST

18.6.4 SOUTH KOREA: MARKET SIZE & FORECAST

18.6.5 THAILAND: MARKET SIZE & FORECAST

19 EUROPE

19.1 MARKET SIZE & FORECAST

19.2 MATERIAL TYPE

19.2.1 MARKET SIZE & FORECAST

19.3 HANDLE TYPE

19.3.1 MARKET SIZE & FORECAST

19.4 VEHICLE TYPE

19.4.1 MARKET SIZE & FORECAST

19.5 SALES CHANNEL

19.5.1 MARKET SIZE & FORECAST

19.6 KEY COUNTRIES

19.6.1 GERMANY: MARKET SIZE & FORECAST

19.6.2 SPAIN: MARKET SIZE & FORECAST

19.6.3 FRANCE: MARKET SIZE & FORECAST

19.6.4 CZECH REPUBLIC: MARKET SIZE & FORECAST

19.6.5 SLOVAKIA: MARKET SIZE & FORECAST

20 NORTH AMERICA

20.1 MARKET SIZE & FORECAST

20.2 MATERIAL TYPE

20.2.1 MARKET SIZE & FORECAST

20.3 HANDLE TYPE

20.3.1 MARKET SIZE & FORECAST

20.4 VEHICLE TYPE

20.4.1 MARKET SIZE & FORECAST

20.5 SALES CHANNEL

20.5.1 MARKET SIZE & FORECAST

20.6 KEY COUNTRIES

20.6.1 US: MARKET SIZE & FORECAST

20.6.2 CANADA: MARKET SIZE & FORECAST

21 LATIN AMERICA

21.1 MARKET SIZE & FORECAST

21.2 MATERIAL TYPE

21.2.1 MARKET SIZE & FORECAST

21.3 HANDLE TYPE

21.3.1 MARKET SIZE & FORECAST

21.4 VEHICLE TYPE

21.4.1 MARKET SIZE & FORECAST

21.5 SALES CHANNEL

21.5.1 MARKET SIZE & FORECAST

21.6 KEY COUNTRIES

21.6.1 MEXICO: MARKET SIZE & FORECAST

21.6.2 BRAZIL: MARKET SIZE & FORECAST

22 MIDDLE EAST & AFRICA

22.1 MARKET SIZE & FORECAST

22.2 MATERIAL TYPE

22.2.1 MARKET SIZE & FORECAST

22.3 HANDLE TYPE

22.3.1 MARKET SIZE & FORECAST

22.4 VEHICLE TYPE

22.4.1 MARKET SIZE & FORECAST

22.5 SALES CHANNEL

22.5.1 MARKET SIZE & FORECAST

22.6 KEY COUNTRIES

22.6.1 GCC: MARKET SIZE & FORECAST

22.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST

23 COMPETITIVE LANDSCAPE

23.1 COMPETITION OVERVIEW

24 COMPANY PROFILES

24.1 CI CAR INTERNATIONAL

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.2 DORMAN PRODUCTS

24.2.1 BUSINESS OVERVIEW

24.2.2 PRODUCT OFFERINGS

24.3 GUANGZHOU YISHAN AUTO PARTS

24.3.1 BUSINESS OVERVIEW

24.3.2 PRODUCT OFFERINGS

24.4 HUF

24.4.1 BUSINESS OVERVIEW

24.4.2 PRODUCT OFFERINGS

24.5 OMIX

24.5.1 BUSINESS OVERVIEW

24.5.2 PRODUCT OFFERINGS

24.6 QUADRATEC

24.6.1 BUSINESS OVERVIEW

24.6.2 PRODUCT OFFERINGS

24.7 MAGNA INTERNATIONAL

24.7.1 BUSINESS OVERVIEW

24.7.2 PRODUCT OFFERINGS

24.8 MINDA VAST ACCESS SYSTEMS

24.8.1 BUSINESS OVERVIEW

24.8.2 PRODUCT OFFERINGS

24.9 MITSUI MINING & SMELTING

24.9.1 BUSINESS OVERVIEW

24.9.2 PRODUCT OFFERINGS

24.10 KAKIHARA INDUSTRIES

24.10.1 BUSINESS OVERVIEW

24.10.2 PRODUCT OFFERINGS

24.11 SANDHAR

24.11.1 BUSINESS OVERVIEW

24.11.2 PRODUCT OFFERINGS

24.12 ILLINOIS TOOL WORKS

24.12.1 BUSINESS OVERVIEW

24.12.2 PRODUCT OFFERINGS

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS

25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 MARKET BY GEOGRAPHY

26.2 APAC

26.2.1 MATERIAL TYPE

26.2.2 HANDLE TYPE

26.2.3 VEHICLE TYPE

26.2.4 SALES CHANNEL

26.3 EUROPE

26.3.1 MATERIAL TYPE

26.3.2 HANDLE TYPE

26.3.3 VEHICLE TYPE

26.3.4 SALES CHANNEL

26.4 NORTH AMERICA

26.4.1 MATERIAL TYPE

26.4.2 HANDLE TYPE

26.4.3 VEHICLE TYPE

26.4.4 SALES CHANNEL

26.5 LATIN AMERICA

26.5.1 MATERIAL TYPE

26.5.2 HANDLE TYPE

26.5.3 VEHICLE TYPE

26.5.4 SALES CHANNEL

26.6 MIDDLE EAST & AFRICA

26.6.1 MATERIAL TYPE

26.6.2 HANDLE TYPE

26.6.3 VEHICLE TYPE

26.6.4 SALES CHANNEL

26.7 MATERIAL TYPE

26.7.1 PLASTIC

26.7.2 CHROME/STEEL

26.7.3 OTHERS

26.8 HANDLE TYPE

26.8.1 MECHANICAL

26.8.2 AUTOMATIC

26.9 VEHICLE TYPE

26.9.1 PASSENGER VEHICLE

26.9.2 COMMERCIAL VEHICLE

26.10 SALES CHANNEL

26.10.1 OEM

26.10.2 AFTERMARKET

27 APPENDIX

27.1 ABBREVIATIONS

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