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Global Vehicle Motorized Door Market Showing Growth of 12.4% During the Forecast Period Till 2026 – An Exclusive Report Published on Reportocean.com

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Global Vehicle Motorized Door Market Showing Growth of 12.4% During the Forecast Period Till 2026 – An Exclusive Report Published on Reportocean.com

Press Release

Global vehicle motorized door market is expected to reach a CAGR of 12.4% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Market Segmentation

By Technology (Soft Close door, Power Sliding door and Retractable Door Handle), Component (Door Handle Sensor, NFC Reader, Actuators and Others), Vehicle Type (Passenger Cars, Commercial Vehicles and Electric Vehicles), Geography (North America, Europe, Asia Pacific, Middle East and Africa and Middle East and Africa).

Major growing sectors under the market segmentation are as follows;

In component, door handle sensor segment is growing at the highest CAGR due to due to increasing adoption of these sensors in vehicle motorized doors.

In technology, soft close doors segment is growing at the highest CAGR due to rising sales of luxury cars in countries such as US, UK, China and others.

In vehicle type, passenger cars segment is growing at the highest CAGR due to increased focus of automakers for deploying soft close doors in high end luxury vehicles.

The key market players for global vehicle motorized door market are listed below;

  • NXP Semiconductors
  • STRATTEC SECURITY CORPORATION
  • ZF Friedrichshafen AG
  • Schaltbau Holding AG
  • Smartrac N.V.
  • Kiekert AG
  • WITTE Automotive
  • Johnson Electric Holdings Limited
  • Huf Hulsbeck & Furst GmbH & Co. KG
  • Continental AG
  • Brose Fahrzeugteile GmbH & Co. KG
  • Valeo

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