Automotive Intelligent Door System Market 2019

Posted by Abhijeet Bendre on September 5th, 2019

Increasing demand for convenience features in car likely to push the Global Automotive Intelligent Door System Market growth with 11% CAGR between 2019 and 2023.

Automotive intelligent door system has automated functions such as central locking system, in which a driver can lock or unlock all the doors. Market Research Future (MRFR) has published a research report about the global automotive intelligent door system market that surmises advancement for this market with 11% CAGR (Compound Annual Growth Rate) between 2017 and 2023.

The key factors driving the growth of the global automotive intelligent door system market include growing automotive industry, growing awareness with concerns regarding safety, and increased demand for convenience features in cars. Other important factors include attractive design door panels, conversion of mechanical components to electrical components, increase in demand for autonomous vehicles, worldwide increase in demand for keyless entry systems, increasing investment from vehicle manufacturers in order to develop the advanced safety and security systems in automobiles, increased technological innovations in door panel components, and rapid increase in the passenger car sales. The capability of the soft-close doors to detect obstacles is likely influence the demand for intelligent door system in the global market. However, higher price of the retractable door handles over the price of the standard selling door handle can hamper the growth of the global automotive intelligent door system market.

The global automotive intelligent door system market has been segmented on the basis of technology, vehicle type, and lastly region. The technology-based segmentation segments the market into power sliding door system, retractable door handle system and soft close door system. By vehicle type, the market has been segmented into commercial vehicles, electric vehicle, and passenger car.

The regional segmentation of the global automotive intelligent door system market segments the market into the continent-based regional markets known as North America, Europe, Asia-Pacific, and rest of the world (RoW). Among all regional markets, Asia Pacific appears to be largest regional market during the forecast period, followed by the North America. In this region, the market is increasing due to the growing demand for the passenger and commercial vehicles in the countries like China, India, and Japan. The report projects safety and security system is one of the key factors that would positively influence the market growth in this region. Other factors contributing to the growth of market in this region include increased disposable income and purchasing power of consumers, increase in the sales of premium vehicles, rise in gross domestic product (GDP).

North America is an important regional market due to technological advancement, established automotive sector, and the presence of many key market players in the region. The most important country-specific markets in this region are the United States of America (USA) and Canada. Europe is another significant regional market due to high density of population, high disposable income & purchasing power of people, and technological advancement that is second only to North America. The crucial country-specific markets in this region are France, Germany, Italy, and the United Kingdom (UK), followed by the rest of Europe.

Key Players

The key players in the global automotive intelligent door system market include Brose Fahrzeugteile GmbH & Co. KG (Germany), Continental AG (Germany), Huf Hülsbeck & Fürst GmbH & Co. KG (Germany), Johnson Electric (Hong Kong), Kiekert AG (Germany), SMARTRAC N.V. (Amsterdam), and WITTE Automotive (Germany).