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 …
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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 …