Global Automotive Power Sliding Door Market: Industry Analysis and Forecast 2020 -2026
Global Automotive Power Sliding Door Market is anticipated to reach US$ XX Mn by 2026 from US$ XX Mn in 2020 at a CAGR of 13% during a forecast period.
Global Automotive Power Sliding Door Market Overview
Power sliding doors for automobile works when signal or command is given by the actuating devices. These doors offer a wider opening and facilitate easy loading and unloading of load or goods thus they are mostly preferred by minivans and commercial vehicles. The Asia Pacific is expected to account for 46% of the market share in the global power sliding doors market due to an increase in transportation, and loading & unloading activities.
The report covers the detailed analysis of the global automotive power sliding door market industry with the classifications of the market based on direction of opening, vehicle type, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
Global Automotive Power Sliding Door Market
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The report has profiled key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Global Automotive Power Sliding Door Market Dynamics
Manufacturers across the globe are focusing on incorporating vehicles with power sliding doors, as power sliding doors require less space than conventional doors. Also, the growth in construction activities & increase in new buildings especially in urban areas, and the increasing adoption of luxury vans by fleet operators in developing countries, like India and China, are creating demand for power sliding doors in the region. The research and development activities resulted that less weight power sliding doors can be made with carbon fiber and other composites are creating new opportunities for the growth of the automotive power sliding doors market during the forecast period.
The restraining factors like higher cost and weight of power sliding doors and difficulty in opening a sliding door in case of collision is estimated to hinder the growth of the automotive power sliding doors market during the forecast period.
Global Automotive Power Sliding Door Market Segmentation Analysis
By Direction of Opening, the horizontal opening segment dominates the global automotive power sliding doors market as they offer a wider opening and enable easy loading and unloading of load or goods. These sliding doors are mounted on a track and open by sliding horizontally in considerable space. Earlier the segment was valued at XX% of global market shares in 2019 and is expected to witness the fastest growth due to an increase in less space for parking of vehicles.
Global Automotive Power Sliding Door MarketBy Vehicle Type, the commercial vehicles segment dominates the global automotive power sliding doors market. Earlier the segment was valued at XX% of global market shares in 2019 and is expected to witness the fastest growth as power sliding doors offer bigger space to load and unload components, equipment, and other things without any obstruction. Thus several minivans, minibuses, and light commercial vehicles are incorporated with power sliding doors. Also, an increase in demand for advanced features, and increasing industrialization, are some of the factors for the growth in the commercial vehicles segment of the automotive power sliding doors market globally. Also, the expansion of business and fleets between countries, states, and cities has increased the demand for medium & heavy commercial vehicles. Where expansion of fleet is a major factor driving the demand for commercial vehicles and thus boosting the automotive power sliding doors market globally.
Global Automotive Power Sliding Door MarketNorth America accounts largest market share of the global automotive power doors market due to the highest number of commercial vehicles use sliding doors. As vehicle automation is higher in North America and Europe, the automotive power sliding doors have a major demand in these regions. Similarly, Asia Pacific held the largest automotive power sliding door market in 2019 and is expected to grow at 46% during the forecast period. The several growth opportunities to market vendors and the growing adoption of luxury vans and MPVs in China are expected to drive automotive power sliding door market growth in this region over the forecast period.
Global Automotive Power Sliding Door Market Scope: Inquire before buying
Global Automotive Power Sliding Door MarketGlobal Automotive Power Sliding Door Market by Region:
• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Automotive Power Sliding Door Market: Key Players
• AISIN SEIKI Co., Ltd
• DURA Automotive Systems, LLC
• ALEX ORIGINAL LTD
• Engineering Co
• tsienna
• Auto Cool Ind. Ltd
• ILCA
• Stedall
• 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
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