The automotive door latch market is steadily rising, projected to reach a significant valuation of USD 9.3 billion by 2033. This growth, marked by a consistent CAGR of 4%, reflects the industry’s robust expansion and the increasing demand for reliable vehicle security solutions. Technological advancements and the rising popularity of electric and autonomous vehicles have …
Tag Archives: Automotive Door Latch Market Demand
Automotive Door Latch Market Sales Outlook, Key Players, SWOT Analysis, Key Indicators and Forecast to 2027
The global market for Automotive door latch market will grow at a modest but promising CAGR of 4.8 percent between 2022 and 2027, owing to OEM efforts in developing smart latches that are IoT-integrated. According to a recent Future Market Insights (FMI) analysis, the favorable policy framework connected to vehicle and driver safety and security …