Automotive Sliding Door Market
Growth Factors of Automotive Sliding Door Market
The automotive sliding door market size was valued at USD 12.30 billion in 2022, and the market is now projected to grow from USD 12.60 billion in 2023 to USD 16.10 billion by 2030, exhibiting a CAGR of 3.55% during the forecast period of 2023-2030.
The COVID-19 pandemic undesirably obstructed the worldwide automotive industry. Numerous nations worldwide implemented lockdown limitations to break the spread of the COVID-19 virus. Global auto sales promptly fell in the second half of 2020 due to the severe social distancing regulations during the pandemic. Strict lockdowns and social distancing guidelines had resulted in the whole termination of manufacturing units of key performers, disturbing the movement of raw materials indirectly or directly hampering the industry and workers.
Automotive electrification is one of the key constant megatrends in the automotive industry that have altered the industry dynamics in latest years. Factors, such as the growing number of government guidelines for discharge control, ecological concerns among the people, and government promotion to embrace electric vehicles by proposing tax benefits and subsidies influence global electric vehicle sales. Furthermore, numerous scrapping policies projected by governments internationally to scrap out outdated internal combustion engine-powered automobiles have formed uncertainty among the people concerning conventional vehicles. Therefore, growing customer attention on implementing electric vehicles, such as electric vans, electric buses, and others as an upcoming mobility solution is projected to motivate the automotive sliding door market growth over the estimate period.
Ride-sharing & ride-hailing facilities are two closely associated mobility concepts revolutionizing the transportation industry. By providing flexible, appropriate, and economical on-demand mobility, these services have increased traction recently and will probably develop in the forthcoming years. Factors, such as the growing price of vehicle ownership, uncertainty regarding conventional automobiles, fluctuating government standards about vehicle usage, and unstable fuel charges influence the population to embrace these services for economical and flexible mobility.
Comprehensive Analysis of Automotive Sliding Door Market
The market can be segmented in various ways, depending on the focus of analysis such as by component type, by vehicle type, by operation and by propulsion type. Based on component type, the market is classified into sensors, control module, motor & actuators, wiring harness, rollers, and others. Based on vehicle type, the market is classified into luxury van, commercial van, and bus. Based on operation, the market is classified into mechanical and automatic. Based on propulsion type, the market is classified into Internal Combustion Engine (ICE) and Electric Vehicle (EV).
European region is dominating the automotive sliding door market share due to consumers growing inclination toward virtual shopping and the accessibility of accessible mobile applications for online purchase of a range of items is growing the demand for former mile supply of goods.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Aisin Seiki Co., Ltd (Japan), Dura Automotive Systems, LLC (U.S.), Alex Original Ltd. (Israel), Auto Cool Ind. Ltd. (Israel), Continental AG (Germany), Hi-LEX Corporation (Japan), Kiekert AG (Germany), Schaltbau Holding AG (Germany), Mitsui Kinzoku ACT Corp (Japan), Strattec Security Corporation (U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In January 2023, Apple patented its new sliding door technology, which features doors with adaptive placing featuring vehicle doors with sensors.
Segmentation Table
TTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 3.55% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Component Type
Sensors
Control Module
Motor & Actuators
Wiring Harness
Rollers
Others
By Operation
Mechanical
Automatic
By Propulsion Type
Internal Combustion Engine (ICE)
Electric Vehicle (EV)
By Vehicle Type
Luxury Van
Commercial Van
Bus
By Geography
North America (By Component Type, By Vehicle Type, By Operation, By Propulsion Type, By Country)
- U.S. (By Vehicle Type)
- Canada (By Vehicle Type)
- Mexico (By Vehicle Type)
Europe (By Component Type, By Vehicle Type, By Operation, By Propulsion Type, By Country)
- U.K. (By Vehicle Type)
- Germany (By Vehicle Type)
- France (By Vehicle Type)
- Rest of Europe (By Vehicle Type)
Asia Pacific (By Component Type, By Vehicle Type, By Operation, By Propulsion Type, By Country)
- China (By Vehicle Type)
- Japan (By Vehicle Type)
- India (By Vehicle Type)
- Rest of Asia Pacific (By Vehicle Type)
Rest of the World (By Component Type, By Operation, By Propulsion Type, By Vehicle Type)
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