Automotive Hinges Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Automotive Door Hinges Market
The automotive door hinges market size was valued at USD 12.14 billion in 2023, and the market is now projected to grow from USD 13.25 billion in 2024 to USD 28.83 billion by 2032, exhibiting a CAGR of 10.2% during the forecast period of 2024-2032.
During pandemic, vehicle manufacturers decreased production to meet lower call for passenger and business cars. This caused a decline in demand for door hinges in new cars. The pandemic's economic troubles brought about lower patron spending, affecting car income. This thing decreased the need for car door hinges.
Automotive door hinges are important additives of vehicles. Passenger and business vehicles depend upon door hinges to open and close to at the same time as being securely linked. The hinges are placed wherein the door connects to the frame. The regular growth in electric automobile manufacturing and earnings is riding demand for awesome door hinges.
The car industry's cognizance on lowering automobile weight has brought about growing call for light-weight additives. Combining lighter materials with comparable durability and protection can result in quicker speeds, improved agility, and stepped forward gas economy.
Comprehensive Analysis of Automotive Door Hinges Market
The car door hinges market is divided into passenger vehicle and business vehicle segments. The passenger vehicle phase is anticipated to dominate due to growing call for passenger vehicles, which include ICE and EVs. The commercial car section is 2nd-biggest, as industrial vehicles regularly require heavy-duty door hinges. The market is segmented into metal and aluminum materials, with steel being the maximum famous because of its protection, cost-effectiveness, and production compatibility. Aluminum hinges are lighter and are in excessive demand due to lightweight vehicles and recycled additives. The market is also segmented into OEM and aftermarket segments. The front door hinge segment is the largest, driven by high passenger vehicle replacement rates and wear and tear. The rear door hinge segment is also growing due to research and development efforts. The market is also divided into butt hinges, latch hinges, multi-leaf hinges, and strap hinges.
The Asia Pacific region lead the automotive door hinges market share by benefitting a market size of USD 5.89 billion in 2023 due to dominance with the quickest CAGR during the forecast period. The Asia Pacific area's growing automobile income make contributions to extended demand for door hinges. Asia Pacific's developing economies, collectively with China, India, Japan, and South Korea, have a sturdy automobile organization, that is the use of marketplace increase. The International Organization of Motor Vehicle Manufacturers (OICA) opinions that China has the great vehicle sales and production across the world.
Scissor Doors Inc. (Canada) and Midlake Products & MFG. CO, INC. (United States) are two major market participants. Dura Automotive System LLC (U.S.) and Multimatic Inc. (Canada), Brano Group (Czech Republic), Companies include Eberhard Manufacturing (USA), ER Wagner (USA), and Saint-Gobain (France)., Aisin Seiki Company, Ltd. (Japan), Gestamp Automociön S.A. (Spain), Magna International Inc. (Canada), Pacific Industrial Co., Ltd. (Japan), Thai Marujun Company, Ltd. (Japan), Mizushima Press Kogyo Co. Ltd. (Japan). Vehicle door hinge producers aim to expand their product variety, sales network, and alliances.
Magna's Smart Access power door technology for the Ferrari Purosangue was unveiled in March 2023. The solution contains Magna's power door drive unit, Smart Latch (with cinch actuator), and Haptronik motion control software.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 10.2% from 2024 to 2032
Unit Value (USD Billion)
Segmentation
By Vehicle Type
Passenger Car
Commercial Vehicle
By Material
Steel
Aluminium
Others
By Sales Channel
OEM
Aftermarket
By Application
Front Door Hinge
Rear Door Hinge
Tailgate Hinge
Bonnet Hinge
By Hinge Type
Butt Hinges
Latch Hinges
Multi-leaf Hinges
Strap Hinge
By Region
North America (By Vehicle Type, By Material, By Sales Channel, By Application, and By Hinge Type)
- U.S. (By Vehicle Type)
- Canada (By Vehicle Type)
- Mexico (By Vehicle Type)
Europe (By Vehicle Type, By Material, By Sales Channel, By Application, and By Hinge Type)
- Germany (By Vehicle Type)
- U.K. (By Vehicle Type)
- France (By Vehicle Type)
- Rest of Europe (By Vehicle Type)
Asia Pacific (By Vehicle Type, By Material, By Sales Channel, By Application, and By Hinge Type)
- China (By Vehicle Type)
- Japan (By Vehicle Type)
- India (By Vehicle Type)
- Rest of Asia Pacific (By Vehicle Type)
Rest of the World (By Vehicle Type, By Material, By Sales Channel, By Application, and By Hinge Type)
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