United States Power Door Latch Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The US Power Door Latch Market is experiencing significant growth, driven by the increasing demand for advanced automotive components. Power door latches, a critical component in vehicle safety and convenience, are becoming an essential part of modern cars, particularly in electric vehicles (EVs) and luxury segments. These latches offer enhanced functionality by enabling automated opening and closing of doors, adding value to the overall vehicle experience.
The market is divided into several types, including electric and manual power door latches. Electric power door latches are gaining prominence due to their ability to integrate with advanced locking systems, which can be controlled remotely through keyless entry systems or smartphone applications. These latches are typically used in high-end vehicles, where luxury and convenience features are essential. On the other hand, manual power door latches are still in demand for more traditional vehicle models and cost-conscious consumers.
The requirements from industries driving the demand for power door latches include advancements in safety, security, and user experience. Automakers are increasingly focusing on providing greater vehicle safety features, such as automatic door latching systems that prevent accidental openings and improve the protection of passengers in the event of a crash. Additionally, the rising adoption of EVs has fueled the need for efficient power door latch systems that align with the modern electric car design, which emphasizes energy efficiency, ease of use, and sleek design.
Other factors influencing the market include government regulations on safety and environmental standards, which push automakers to innovate and adopt new technologies. For instance, the integration of power door latches with autonomous vehicle systems is a key trend, as these vehicles require seamless, automated door operations. Moreover, as vehicle designs evolve to accommodate smart features, manufacturers are exploring new materials and mechanisms for power door latches that ensure long-term durability and optimal performance.
The power door latch market is also influenced by consumer preferences. A growing number of consumers demand vehicles with enhanced technological features that offer better comfort and ease of use. This demand is shaping the direction of product development, with manufacturers focusing on creating more sophisticated and reliable power door latches that meet the diverse needs of modern vehicles.
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Aisin Seiki Co.
Ltd
Mitsui Mining and Smelting Co.
Ltd.
Magna
Strattec Security Corporation
Brose Fahrzeugteile Gmbh & Co.
U-Shin
Ltd.
Shivani Locks Pvt. Ltd.
Inteva Products
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Kiekert AG
VAST Access Systems Pvt. Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Power Door Latch Market
Plastic
Metal
Composite Materials
Manual Door Latches
Power Door Latches
Keyless Entry Door Latches
Automotive
Aerospace
Commercial Vehicles
Marine
Electromechanical
Electrohydraulic
Electronic
Locking Mechanism
Child Safety Features
Remote Access
Emergency Release
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Power Door Latch Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Power Door Latch Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Power Door Latch Market, By Type
6. US Power Door Latch Market, By Application
7. US Power Door Latch Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Power Door Latch Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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