According to a new market report by Lucintel, the future of the global automotive door handle sensor market looks promising with opportunities in passenger cars and commercial vehicles. The global automotive door handle sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 6% from 2020 to 2025. The major growth driver for this market is growth of the automotive industry.
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In this market, button type and induction type are the major product types.
Within the automotive door handle sensor market, passenger cars will remain the largest vehicle type segment, and it is expected to witness the highest growth over the forecast period due to rise in per capita income, rapid urbanization, and growth of the automotive industry.
Asia Pacific is expected to witness the highest growth over the forecast period, supported by the growth of automotive industry and robust demand for active safety features.
Continental, Aisin Seiki, Huf-group, U-Shin, ITW Automotive, Hella, and Omron are among the major manufacturers of the automotive door handle sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive door handle sensor market by product type, vehicle type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Aerospace Automotive Door Handle Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data on the automotive door handle sensor market by product type, vehicle type, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Button Type
Induction Type
By Vehicle type [$M shipment analysis for 2014 – 2025]:
Passenger Cars
Commercial Vehicles
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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