Global Automotive Closure Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Power Window, Power Tailgate, Power Sunroof, Power Convertible Roof, Power Sliding Door and Power Side Door.

By Components;

Light-Duty Vehicles - Switch, ECU (Electronic Control Unit), Latch, Relay, Motor/ Actuator and Others, Buses - Switch, ECU (Electronic Control Unit), Latch, Relay, Motor/ Actuator and Others.

By Vehicle Type;

Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV) and Hybrid Electric Vehicle (HEV).

By Type;

Power and Manual.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn486880801 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Closure Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Closure Market was valued at USD 21,724.22 million. The size of this market is expected to increase to USD 36,751.53 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The global automotive closure market encompasses a diverse range of components vital to the functionality and aesthetics of vehicles. Automotive closures refer to the movable panels that enable access to various compartments within a vehicle, including doors, hoods, trunks, and windows. These closures not only provide essential security and protection but also contribute significantly to the overall design and appearance of automobiles. As a key segment of the automotive industry, the closure market plays a crucial role in meeting consumer expectations for safety, convenience, and style.

In recent years, the automotive closure market has witnessed significant growth driven by technological advancements, evolving consumer preferences, and stringent regulatory standards. Manufacturers are increasingly focused on developing closures that enhance vehicle performance, improve fuel efficiency, and reduce environmental impact. Additionally, innovations in materials, such as lightweight composites and advanced plastics, have enabled the production of closures that are not only durable and resilient but also contribute to weight reduction and aerodynamic efficiency.

The automotive closure market is influenced by shifting trends in vehicle design and manufacturing, including the growing demand for electric and autonomous vehicles. As automakers strive to differentiate their products in a competitive market landscape, closures have emerged as key elements for branding and product differentiation. From sleek and streamlined designs to innovative features such as hands-free operation and smart sensors, automotive closures continue to evolve to meet the evolving needs and preferences of consumers around the world.

The global automotive closure market encompasses a diverse range of components vital to the functionality and aesthetics of vehicles. Automotive closures refer to the movable panels that enable access to various compartments within a vehicle, including doors, hoods, trunks, and windows. These closures not only provide essential security and protection but also contribute significantly to the overall design and appearance of automobiles. As a key segment of the automotive industry, the closure market plays a crucial role in meeting consumer expectations for safety, convenience, and style.

In recent years, the automotive closure market has witnessed significant growth driven by technological advancements, evolving consumer preferences, and stringent regulatory standards. Manufacturers are increasingly focused on developing closures that enhance vehicle performance, improve fuel efficiency, and reduce environmental impact. Additionally, innovations in materials, such as lightweight composites and advanced plastics, have enabled the production of closures that are not only durable and resilient but also contribute to weight reduction and aerodynamic efficiency.

The automotive closure market is influenced by shifting trends in vehicle design and manufacturing, including the growing demand for electric and autonomous vehicles. As automakers strive to differentiate their products in a competitive market landscape, closures have emerged as key elements for branding and product differentiation. From sleek and streamlined designs to innovative features such as hands-free operation and smart sensors, automotive closures continue to evolve to meet the evolving needs and preferences of consumers around the world.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Components
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Type
    5. Market Snapshot, By Region
  4. Global Automotive Closure Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Safety Features
        2. Growing Automotive Production
        3. Innovations in Design and Materials
        4. Technological Advancements
        5. Stringent Regulatory Standards
      2. Restraints
        1. Cost Constraints
        2. Regulatory Compliance
        3. Supply Chain Disruptions
        4. Weight and Space Limitations
        5. Technological Challenges
      3. Opportunities
        1. Integration of Advanced Safety Features
        2. Expanding Electric Vehicle Market
        3. Demand for Lightweight Solutions
        4. Enhanced User Experience
        5. Global Urbanization Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Closure Market, By Application, 2020 - 2030 (USD Million)
      1. Power Window
      2. Power Tailgate
      3. Power Sunroof
      4. Power Convertible Roof
      5. Power Sliding Door
      6. Power Side Door
    2. Global Automotive Closure Market, By Components, 2020 - 2030 (USD Million)
      1. Light-Duty Vehicles
        1. Switch
        2. ECU (Electronic Control Unit)
        3. Latch
        4. Relay
        5. Motor/ Actuator
        6. Others
      2. Buses
        1. Switch
        2. ECU (Electronic Control Unit)
        3. Latch
        4. Relay
        5. Motor/ Actuator
        6. Others
    3. Global Automotive Closure Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Battery Electric Vehicle (BEV)
      2. Plug-In Hybrid Electric Vehicle (PHEV)
      3. Hybrid Electric Vehicle (HEV)
    4. Global Automotive Closure Market, By Type, 2020 - 2030 (USD Million)
      1. Power
      2. Manual
    5. Global Automotive Closure Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profile
      1. Magna International Inc
      2. Continental AG
      3. Robert Bosch GmbH
      4. Aisin Seiki Co., Ltd
      5. Valeo SA
      6. DENSO Corporation
      7. Johnson Electric Holdings Limited
      8. Kiekert AG
      9. Brose Fahrzeugteile SE & Co. KG
      10. Webasto SE
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Automotive & Transportation Automotive Components & Materials Automotive Clutch Actuator
Global Automotive Clutch Actuator Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Clutch Actuator Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Automotive Clutch Disk
Global Automotive Clutch Disk Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Clutch Disk Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Automotive Clutch
Global Automotive Clutch Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Clutch Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Automotive Clutch Release Bearing
Global Automotive Clutch Release Bearing Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Clutch Release Bearing Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...