Global automotive door module market is expected to grow at a significant CAGR of 4.79% in the upcoming period as the scope and its applications are rising enormously across the globe. Automotive door module is used to drive all loads in a car door that are connected via a LIN bus to the dashboard and to other doors by using the parallel port to a PC. It comprises a rubber-sealed carrier onto which several door components are fitted forming a “cassette”.
The factors that are playing a major role in the growth of the market are the rising demand for automobiles, enhancing automotive sensor technology, and the growing application of mechatronics system in vehicle automation. However, the high cost of raw materials is likely to restrain overall market growth in the years to come. Automotive door module market is segmented based on design, technology, material type, component, vehicle type, and region.
Two-sided door module, door trim modules, door platform module, and structural door are the designs that could be explored in automotive door module in the forecast period. Based on technology, defroster and door indicator lamps, latching or locking function, on mirror fitted indicator light, and wing mirror movements could be explored in automotive door module in the forecast period.
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Plastic, natural fiber, steel, and other materials could be explored in automotive door module in the forecast period. Plastic panels, latches, composite panels, power liftgates, variable boot openings, and lift gate switches are the components that could be explored in automotive door module in the forecast period.
Electric vehicles, passenger vehicles, and commercial vehicles are the vehicle types that could be explored in the automotive antenna in the forecast period. Electric vehicle sector comprises hybrid vehicles, battery-operated electric vehicles, and plug-in hybrid vehicles. Passenger vehicles comprise sports utility vehicles, hatchback cars, multi-purpose vehicles, and sedans. Commercial vehicles comprise heavy and lightweight vehicles.
Globally, Asia Pacific accounted for the substantial market share of automotive door module and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the high production rate of passenger vehicles, the rising demand among customers for premium in-cabin features, and growth in functionality and scope for product innovation.
The developing countries like India and China are the major consumers of automotive door module in this region. Europe and North America are also estimated to have a positive influence on future growth. The key players of automotive door module market are Magna International, AGM Automotive, Grupo Antolin, DURA Automotive, and Gestamp. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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