Automotive Door Lock Detection Sensor Market
Automotive Door Lock Detection Sensor Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031
Automotive Door Lock Detection Sensor Market Segmented By Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles Types in OEM and Aftermarket
Sales of automotive door lock detection sensors is expected to grow at a CAGR of 7% to 9% during 2021 to 2031
As per the ongoing study, door lock detection sensor market will grow at an optimistic rate during 2021-2031. Demand for automotive door lock will witness high growth due to the rising awareness of safety features among vehicle owners in the forecast period. Door lock sensors are installed in doors of vehicles to ensure that the door of the vehicle is locked once the vehicle is turned on.
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What is Driving Demand for Door Lock Detection Sensors in the global market?
Cars nowadays are designed with power door lock sensors that can be opened using wireless technology or through secure coded signal as the car has central locking system.
These door lock sensors are installed in the latest models of mid and lower end vehicle models to avoid any unwanted road mishap as well as increase the passenger safety which is one of the crucial factors accelerating the demand for door lock sensors in the global market.
Manufacturers are investing in research & development of new door lock sensors technologies is also one of the influential factors expanding the market growth in the forecast period.
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Recovery in automotive industry is likely to amplify Door Lock Detection Sensor Sales
The automotive industry faced drop in sales and production due to COVID- 19 pandemic. Closure of automotive production facilities resulted into a plunge in demand and production of vehicles due to lockdown. The market is slowly recovering as many manufacturing facilities have resumed production activities that will have a positive impact on the automotive industry.
Increase in vehicle safety is one of the key factors driving the sales of door lock sensors in the market. Manufacturers are using reed sensors for door handle locks which are switched on by radio frequency signal that is linked to the central locking system of the vehicle.
These reed signals are also used as security devices to initiate alarms for cars when the door is opened in an unlocked condition which is an added safety feature for the vehicle driver.
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Market Outlook for US and Canada Door Lock Detection Sensor Market
The automotive market in North America faced a severe impact due to COVID- 19 pandemic. Closure of manufacturing plants in US impacted the economy of North American region which has also impacted new vehicle sales in the region that ultimately impacted the economy of the region. The market is slowly recouping with the resume of automotive production in the region.
Manufacturers are focusing on advancements in vehicle electronics to enhance the safety technology for door lock sensors to ensure safety of passengers is one of the prime factor driving the demand of door lock sensors in the region. Manufacturers in the region are making door lock sensors that are durable and efficient with high life expectancy that are of high quality.
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Asia Pacific Demand Outlook for Door Lock Detection Sensors
Automotive industry has badly been affected in the Asia Pacific region due to COVID- 19 pandemic. Disruption in the supply chain, problem in procurement of raw materials for manufacturers resulted in economic deterioration in the region due to lockdown but the industry has resumed as many manufacturing facilities have reopened in the region.
Manufacturers in the region are focusing on advancements in vehicle electronics to enhance the safety technology for door lock sensors to ensure safety of passengers is one of the prime factor driving the demand of door locks in the region.
Manufacturers in the region offer wide range of door lock sensors with multiple options for different applications is a crucial factor accelerating the sales of door lock sensors in the region.
Who are the key manufacturers and suppliers of Door Lock Detection Sensors?
Some of the leading manufacturers and suppliers of door lock detection sensors include
- Standex Electronics
- Robert Bosch GmbH
- Sensata Technologies Inc.
- Hella GmbH & Co.
- Hitachi Ltd
- Mitsubishi Electric Corporation
- Denso Corp
- Johnson Electric
- Continental AG
Many leading manufacturers are adding new features to their new models of door locks along with latest technological advancements as a strategy to acquire higher market share and expand their geographical presence. Companies are also using authorized online E- commerce platforms and retail locations to increase the sales of door lock sensors in the market.
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Sales Channel
- North America
- Latin America
- South Asia & Pacific
- ASEAN countries
- East Asia
- South Korea
- Middle East & Africa
- South Africa
- North Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Automotive Door Lock Detection Sensor Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.