Automotive Door Handle Sensors Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the automotive door handle sensors industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the automotive door handle sensors market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall automotive door handle sensors market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (K Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• According to the C-level executives, the global automotive door handle sensors market is predicted to witness a substantial CAGR of around 5% between 2020-2026.
• Due to growing demand forelectric vehicles, our analysts anticipated that the global automotive door handle sensors market is projected to reach nearly USD 3,400 million by 2026.
• By region, Asia Pacificis leading the global automotive door handle sensors market. In 2019, Asia pacific automotive door handle sensors market was valued above USD 1,000 million and is expected to record a CAGR of above 4% over the forecast period.
• Button type segment contributed nearly 72% market share in 2019 and is projected to witness significant growth in the next few years.
• Considering application, the passenger car categoryis dominating the automotive door handle sensor market. In 2019, the segment garnered nearly USD 2,000 Million and is projected to increase at a CAGR of above 5% in 2020-2026.

Key Recommendations from Analysts

• As per analyst estimations, the growing use of wireless technologies in automotive applications has been a driving factor for the global inductive automotive door handle sensors market globally.
• The emergence of electric vehicles and technological advancements in the automotive industry is anticipated to create opportunities in global automotive door handle sensors market.
• Region-wise, Asia-Pacific and Europe are dominating the global automotive door handle sensor market. Due to increasing per capita income and demand for comfort, these regions are expected to hold the largest market share in the near future.
• Our analysts recommend the fastest growth in the induction type segment, attributed to increasing demand for wireless technology in the automotive sector.
• The global automotive door handle sensor market is expected to grow above USD 3,000 million by 2026, due to rising demand for electric vehicles and this parameter is projected to developnumerous opportunities for the major players of the market.

Market Attractiveness -By Application

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the automotive door handle sensors market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the automotive door handle sensors market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the automotive door handle sensors market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the automotive door handle sensors market.

The research study provides a critical assessment of the automotive door handle sensors industry by logically segmenting the market on the basis of type, application,and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026.

The regional segmentation of the automotive door handle sensors industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

An automotive door handle sensor is a module that is integrated with the door key to providing a number of functions with keyless access into a door handle. Automotive door handle sensors are a part of the vehicle’s keyless entry system and the handle sensor is connected to key fob remote. The automotive door handle sensor is comprised of a sensing probe, active shield, and chassis-grounded door handle. These door handle sensors consist of receiving antennas and the proximity and locking sensors for detecting key fob remote. Detection sensors used in the automotive door handle sensors detect the key’s proximity to the door handle sensor.

Moreover, the automotive door handle sensor consists of control units. The signal sent by the sensor on the door handle activates the control unit. The ID transmitter receives the signal sent by the control unit and gives a response on an ultra-high frequency. The automotive door handle sensor plays a key role in performing safety and control related operations. Automotive door handle sensors market includes drivers and restraints with their effect on the demand over the forecast period. Additionally, the automotive door handle sensors market provides the study of opportunities available on a global and regional level.

An increasing number of industries and automotive sectors are driven global automotive door handle sensors market. The keyless system provides protected entree to the vehicle electronically and also provides the conventional mechanical keys as a substitute. This increases user comfort and makes the entry easier.

Rising demand in consumer electronics and testing services for mobility and connectivity boosting the global automotive door handle sensors market. Government regulations for passenger security and safety locks for children bring a rise in the deployment of safety systems owing to the growth in the automotive door handle sensors market. High primary investments and difficulties in installation for the automotive door handle sensors can create restrains in the market.

Additionally, unpredictable market dynamics are anticipated to create barriers in the growth of the automotive door handle sensors market. Emerging demand for electric vehicles, government safety rules, produce major opportunities for the new market players. Furthermore, demand for consumer comfort and technological advancement creates significant opportunities in the automotive door handle sensors market.

Automotive door handle sensors market provides an in-depth analysis of the segments including type, application, and region based on present and future trends. There are two types of automotive door handle sensors such as button type and induction type. On the basis of application, the market is divided into passenger cars and commercial vehicles.

Report Scope

Some of the essential players operating in the automotive door handle sensors market, but not restricted include: 

• Omron
• Huf-group
• Aisin Seiki
• Mando
• U-Shin
• Denso
• Valeo
• Continental
• Robert Bosch
• Hella

The taxonomy of the automotive door handle sensors Market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Button Type
• Induction Type

By Application Segmentation Analysis

• Passenger Cars
• Commercial Vehicles

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)