Vehicle Exterior Door Handle Market By Type (Pull out handle, Pull up handle, Flush door handle, Others), By Material (Aluminum, Plastic, Stainless steel, Others), By Distribution Channel (OEM, Aftermarket), By Vehicle Class (Sedan, Hatchback, SUV, Others

Vehicle Exterior Door Handle Market By Type (Pull out handle, Pull up handle, Flush door handle, Others), By Material (Aluminum, Plastic, Stainless steel, Others), By Distribution Channel (OEM, Aftermarket), By Vehicle Class (Sedan, Hatchback, SUV, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

The global vehicle exterior door handle market is expected to witness growth owing to an increase in vehicle production and a rise in the focus on aesthetics & design. Moreover, there is a rise in the integration of advanced systems such as phones as a key system, which primarily relies on the vehicle's proximity sensors and the smartphone's Bluetooth or Near Field Communication (NFC) capabilities. When the authorized smartphone is within a certain range of the vehicle, the sensors of the vehicle detect its presence and the smartphone app communicates with the car's onboard computer to perform actions such as unlocking the doors and starting the vehicle.

The development of biometric and gesture recognition technologies is a significant driver for the vehicle exterior door handle market. These cutting-edge technologies offer innovative ways to enhance vehicle access and security, transforming the traditional door handle into a sophisticated and futuristic component. Biometric technologies, such as fingerprint scanners or facial recognition systems, provide a highly secure and personalized method of accessing vehicles. By authenticating the driver's identity through unique biometric data, the door handle ensures that only authorized individuals unlock and operate the vehicle, significantly reducing the risk of theft or unauthorized access. Biometric door handle systems eliminate the need for traditional keys or key fobs. Gesture recognition technologies enable touchless interaction with the door handle. Manufacturers install such systems in vehicles that detect specific hand movements or gestures.

For instance, the Volvo XC40 Recharge Pure Electric model developed by Volvo Car Corporation features keyless locking and unlocking function with touch-sensitive surfaces. This feature provides a convenient and modern way for users to access and secure their vehicles without using traditional key buttons. The outside of the door handles contains a recess for locking, while the inside contains a touch-sensitive surface for unlocking. To lock the car, users simply touch the outside of the door handle, which contains a recessed area specifically designed for locking. Similarly, to unlock the car, users need to only touch the inside of the door handle, where a touch-sensitive surface is located for this purpose.

The vehicle exterior door handle market is segmented on the basis of type, material, distribution channel, vehicle class, and region. By type, it is categorized into pull up handle, pull out handle, flush door handle, and others. By material, it is fragmented into aluminum, plastic, stainless steel, and others. By distribution channel, it is bifurcated into OEM and aftermarket. By vehicle class, it is divided into sedan, hatchback, SUV, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players in the vehicle exterior door handle market are ALPHA Corporation, Magna International, Inc., ITW (Illinois Tool Works), Aisin Corporation, Motherson, Huf Hülsbeck & Fürst GmbH & Co. KG, Sakae Riken Kogyo Co.,Ltd, MinebeaMitsumi, Inc., Witte Automotive, ADAC Automotive, Marquardt Management SE, and Kiekert AG.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vehicle exterior door handle market analysis from 2022 to 2032 to identify the prevailing vehicle exterior door handle market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the vehicle exterior door handle market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global vehicle exterior door handle market trends, key players, market segments, application areas, and market growth strategies.



Key Market Segments

By Type

Pull out handle
Pull up handle
Flush door handle
Others

By Material

Aluminum
Plastic
Stainless steel
Others

By Distribution Channel

OEM
Aftermarket

By Vehicle Class

Sedan
Hatchback
SUV
Others

By Region

North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
ADAC Automotive
AISIN CORPORATION
ALPHA Corporation
Huf Hulsbeck & Furst GmbH & Co. KG
ITW
Kiekert AG
Magna International, Inc.
Marquardt Management SE
MinebeaMitsumi, Inc.
Motherson Group
Sakae Riken Kogyo Co.,Ltd.
WITTE Automotive

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