PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1363791
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1363791
Automotive door handle sensors are electronic components that are fitted in vehicles to detect the presence and touch of a person's hand on the door handle. They are made to make car entrances and egress more convenient, practical, and safe. The primary function of automotive door handle sensors is to detect the proximity of a person's hand or finger to the door handle, which triggers specific actions or functions. The Automotive Door Handle Sensors Market is expanding because of factors such as the growing demand for keyless entry systems, rising emphasis on convenience and user experience, increasing vehicle safety and security requirements, and rising trends of vehicle electrification.
In addition, the surging demand for passenger and commercial vehicles is acting as a catalyzing factor for market growth across the globe. According to Statista, in France, there was around 36,516.37 thousand passenger car registered in 2015 and the number reached 38,346.27 thousand in 2021. As per the same source, in 2014 the sales of commercial vehicles in China were 3.79 million units and in 2021 the number reached 4.79 million units. Consequently, the flourishing development of the automotive industry is anticipated to create a lucrative demand for the market during the forecast period. Moreover, the increasing advancements in sensor technologies, as well as the rise in the implementation of safety structures in automobiles and doors present various lucrative opportunities over the forecast years. However, the high installation cost and threat to breach in security are challenging the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Automotive Door Handle Sensors Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing introduction of innovative technologies, and regulatory compliance along with rising awareness about vehicle safety. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The growing demand from emerging economies, increasing demand for convenience and safety, and significant shift towards vehicle electrification are significantly propelling the market demand across the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable