Dec 18, 2020   SOURCE: BusinessWire

Global Automotive Power Sliding Door System Market 2020-2024 | 45% Growth to Originate from APAC | Technavio

Technavio has been monitoring the automotive power sliding door system market and it is poised to grow by 1.27 million units during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Automotive Power Sliding Door System Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Automotive Power Sliding Door System Market 2020-2024 (Graphic: Business Wire)

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive power sliding door system market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions-

  • Based on segmentation by application, which is the leading segment in the market?
  • The passenger vehicles is expected to be the leading segment based on application in the global market during the forecast period.
  • What are the major trends in the market?
  • Development of smart doors is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 14%, the incremental growth of the market is anticipated to be 1270.65 thousand units.
  • Who are the top players in the market?
  • Aisin Seiki Co. Ltd., Continental AG, GESTAMP AUTOMOCION SA, HI-LEX Corp., Kiekert AG, Magna International Inc., Mitsuba Corp., Mitsui Kinzoku ACT Corp., Schaltbau Holding AG, and STRATTEC SECURITY Corp. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Growth in adoption of luxury vans is one of the major factors driving the market. However, the growing tax on luxury vehicles restraints the market growth.
  • How big is the APAC market?
  • The APAC region will contribute to 45% of market growth.

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Global Automotive Intelligent Door System Market: The automotive intelligent door system market size has the potential to grow by 1,869.20 thousand units during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Seiki Co. Ltd., Continental AG, GESTAMP AUTOMOCION SA, HI-LEX Corp., Kiekert AG, Magna International Inc., Mitsuba Corp., Mitsui Kinzoku ACT Corp., Schaltbau Holding AG, and STRATTEC SECURITY Corp. are some of the major market participants. The growth in adoption of luxury vans will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this automotive power sliding door system market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Power Sliding Door System Market 2020-2024: Segmentation

Automotive Power Sliding Door System Market is segmented as below:

  • Application
    • Passenger Vehicles
    • Cargo Vans
  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44628

Automotive Power Sliding Door System Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive power sliding door system market report covers the following areas:

  • Automotive Power Sliding Door System Market Size
  • Automotive Power Sliding Door System Market Trends
  • Automotive Power Sliding Door System Market Analysis

This study identifies development of smart doors as one of the prime reasons driving the automotive power sliding door system market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Automotive Power Sliding Door System Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive power sliding door system market growth during the next five years
  • Estimation of the automotive power sliding door system market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive power sliding door system market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive power sliding door system market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Passenger vehicles - Market size and forecast 2019-2024
  • Cargo vans - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aisin Seiki Co. Ltd.
  • Continental AG
  • GESTAMP AUTOMOCION SA
  • HI-LEX Corp.
  • Kiekert AG
  • Magna International Inc.
  • Mitsuba Corp.
  • Mitsui Kinzoku ACT Corp.
  • Schaltbau Holding AG
  • STRATTEC SECURITY Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

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