Global Automotive Hardware Market Size study, by Product (Door Latches, Exterior Door Handles, Door Seals, Door Straps, Door Hinges, Mounting Brackets, Gas Springs, Fuel Flaps, Others), by Vehicle (Passenger Vehicles, Light Commercial Vehicles, Buses & Co

Global Automotive Hardware Market Size study, by Product (Door Latches, Exterior Door Handles, Door Seals, Door Straps, Door Hinges, Mounting Brackets, Gas Springs, Fuel Flaps, Others), by Vehicle (Passenger Vehicles, Light Commercial Vehicles, Buses & Coaches, Trucks & Trailers) and Regional Forecasts 2022-2028

Global Automotive Hardware Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Automotive Hardware are detected and mitigated by safety mechanisms. There are a variety of hardware FuSa mechanisms such as techniques that leverage redundancy. The escalating sales of commercial vehicles and increasing disposable income and growing middle-class income group have led to the adoption of Automotive Hardware across the forecast period. For Instance: as per Statista in the financial year 2021, around 569 thousand units of commercial vehicles were sold across India and Ashok Leyland, flagship of the Hinduja group and among the largest manufacturer of commercial vehicles in India, reported retails at 6,958 units in the past months, up from 2,861 units retailed in August 2020. Also, with the increasing rate of vehicle modification and concern for the safety of vehicles, the adoption & demand for Automotive Hardware is likely to increase the market growth during the forecast period. However, rise in cost associated with the services and products and high-performing raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Automotive Hardware market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the presence of industry behemoths in the region along with greater access to advanced technologies. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income, rising population with demand for commercial and passenger vehicles would create lucrative growth prospects for the Automotive Hardware market across Asia-Pacific region.

Major market players included in this report are:
Hansen International
Kiekert AG
Aisin Seiki
Magna International
Dorman Products
Mitsui Mining and Smelting
Stahl Holding
STRATTEC
Smittybilt
Seatbelt Solutions

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Door Latches
Exterior Door Handles
Door Seals
Door Straps
Door Hinges
Mounting Brackets
Gas Springs
Fuel Flaps
Others
By Vehicle:
Passenger Vehicles
Light Commercial Vehicles
Buses & Coaches
Trucks & Trailers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive Hardware Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Hansen International
Kiekert AG
Aisin Seiki
Magna International
Dorman Products
Mitsui Mining and Smelting
Stahl Holding
STRATTEC
Smittybilt
Seatbelt Solutions

Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.