Automotive Closure Market Size, Share, Growth Analysis, By Application(Power-Window, Sunroof, Tailgate, Convertible Roof), By Component(Switch, ECU, Latch, Motor and Relay), By Type(Manual and Powered), By Region - Industry Forecast 2024-2031

Global Automotive Closure Market size was valued at USD 25.42 billion in 2022, USD 25.31 billion in 2023 and is projected to grow USD 45.04 billion by 2031, growing at a CAGR of 7.41% in the forecast period (2024-2031).

Automotive closures are essential parts of cars as they make handling and access easier. These closures have a significant impact on overall aerodynamics, which makes them significant in automotive design. Automotive closures include a wide range of components, such as windows, fuel doors, sunroofs, sliding doors, rear doors, and bonnets. The car industry's continuous research and development efforts have resulted in the electrical operation of these closures, which were previously manually operated. Automobile manufacturers aggressively seek out ways to reduce weight in order to improve fuel economy and lower carbon emissions. In the movement towards lighter cars, aluminum is used to reduce weight by integrating electronics and creating automotive closures.

The expansion of the automotive closure market for internal combustion engine (ICE) and electric vehicle (EV) vehicles is anticipated to be fueled by the increased consumer demand for luxury and comfort amenities in vehicles as well as the introduction of biometric vehicle access systems. The most intricate and important components of a car are its doors and closures, which must meet numerous engineering-related specifications. The automotive closure industry has been pushed by the increase in consumer demand for comfort and luxury in automobiles. The market for automotive closure is expected to develop as a result of the introduction of biometric vehicle access systems. Moreover, the market's expansion is facilitated by the widespread use of driverless vehicles.