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Automotive Intelligent Door System Market to Register High Growth owing to Rising Demand for Advanced Vehicle Features

PRESS RELEASE

Published May 22, 2023

Automotive Intelligent Door System Market Scope & Overview

The Automotive Intelligent Door System Market, as reported by SNS Insider, achieved a valuation of USD 2.50 billion in 2022. It is projected to expand at a compound annual growth rate (CAGR) of 15% during the forecast period of 2023-2030, reaching a market value of USD 7.66 billion.

Automotive intelligent door systems are advanced technological features integrated into modern vehicles to enhance convenience, safety, and security. These systems utilize various sensors, actuators, and intelligent algorithms to provide an automated and intelligent approach to door operations.

Impact of Recession

A recession can have a noticeable impact on the market due to decreased consumer spending and a shift in consumer priorities. However, technological advancements and market consolidation are factors that may mitigate some of the negative effects. Manufacturers must adapt to changing consumer preferences, invest in R&D, and explore new market segments to navigate through economic downturns successfully.

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Key Players Covered in Automotive Intelligent Door System market report are:

Johnson Electric (Hong Kong),
Brose Fahrzeugteile GmbH & Co. KG (Germany),
Continental AG (Germany),
Huf Hülsbeck & Fürst GmbH & Co. KG (Germany),
Kiekert AG (Germany),
SMARTRAC N.V. (Amsterdam),
WITTE Automotive (Germany).

Market Analysis

The automotive intelligent door system market has experienced a significant surge in growth rate over the past few years, primarily due to the remarkable expansion of the automotive industry. Both car owners and manufacturers have become increasingly conscious of the convenience features and safety considerations associated with vehicles. This heightened awareness has fueled the demand for automotive intelligent door systems worldwide. One of the key factors contributing to the growth of this market is the continuous innovation in door panel components. Manufacturers are constantly striving to enhance the functionality and performance of door systems, incorporating advanced technologies and intelligent features.

Segmentation Analysis

As the automotive industry continues to evolve, the integration of intelligent door systems will become increasingly common, offering seamless access and enhanced security for vehicles. With the passenger cars segment and OEMs leading the way, the automotive intelligent door system market is set to revolutionize the way we interact with our vehicles, providing a glimpse into the future of automotive technology.

Automotive Intelligent Door System Market Segmentation as Follows:

By Technology Type:
Power sliding door system
Retractable door handle system
Soft-close door system

By Vehicle Type:
Passenger cars
LCV
HCV

By Sales Channel:
OEM
Aftermarket

Segmented by Region/Country
North America
Europe
China
Japan
Asia Other

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Regional Status & Analysis

The Asia-Pacific region, spearheaded by China and several Southeast Asian nations, is poised to emerge as the frontrunner in the global automotive intelligent door system market. This forecast stems from the region’s robust production, distribution, and manufacturing capabilities, complemented by the escalating growth rate of gasoline-powered vehicles. As a result, the region assumes a pivotal role in propelling market expansion, becoming a primary revenue generator, as well as a notable hub for innovation and advancement within the automotive industry. One of the key factors contributing to the Asia-Pacific region’s dominance in the market is its impressive manufacturing prowess.

Conclusion

The automotive intelligent door system market holds immense promise, driven by advancements in technology and evolving consumer expectations. The integration of advanced technologies, enhanced safety and security features, personalization, and the growing adoption of electric vehicles are key factors shaping the future of this market.

Frequently Asked Questions/ Key Reasons to Purchase this Report

Q1. What is the projected outlook for automotive intelligent door system market growth?

– The global market is on a trajectory of significant growth, with a projected market value of USD 7.66 billion by 2030.

Q2. What are the major factors influencing the automotive intelligent door system market?

– Advancements in sensor technology, connectivity, and automation have significantly impacted the market. Integration of advanced sensors, such as proximity sensors and touch-sensitive panels, allows for enhanced functionality and improved user experience.

Q3. Who are the leading players in the automotive intelligent door system market?

– Johnson Electric (Hong Kong), Continental AG (Germany), Brose Fahrzeugteile GmbH & Co. KG (Germany), Huf Hülsbeck & Fürst GmbH & Co. KG (Germany), SMARTRAC N.V. (Amsterdam), Kiekert AG (Germany), and WITTE Automotive (Germany).

Table of Content – Analysis of Key Points

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automotive Intelligent Door System Market Segmentation, By Technology Type
9. Automotive Intelligent Door System Market Segmentation, By Vehicle Type
10. Automotive Intelligent Door System Market Segmentation, By Sales Channel
11. Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion

Continued…

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