Global Automotive Door Hinges Market

Automotive Door Hinges Market Size, Share, Growth Analysis, By Product(Door, Cabinet, Hoods, and Others), By Vehicle Type(Passenger Cars, Commercial Vehicles), By Sales Channels(OEM and Aftermarket), By Material(Steel, Aluminum, and Composite Materials), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2238 | Region: Global | Published Date: April, 2024
Pages: 221 | Tables: 115 | Figures: 74

Automotive Door Hinges Market Dynamics

Drivers

Addition of Lightweight Components to Next-generation Vehicles to Drive Market Growth

  • The increasing focus of global automotive door hinges market players to reduce the overall weight of the next generation vehicle has created a new demand for driving automotive components made of lightweight materials with lightweight driving components together providing the same strength and safety. The intense power required to drive the vehicle is reduced, reducing carbon emissions, ultimately contributing to products as it will be permanent.
  • Aluminum hinges extend the life of the product and provide extra durability due to their high energy resistance. Moreover, the added benefits of aluminum include its low cost, corrosion resistance and light weight, which makes it very suitable for car door hinges such as, in 2023 by Mercedes-Benz and door hinges will be available for E-Class and 7-series models built in Germany and sold throughout Europe and Edscha Holding GmbH was selected to manufacture.

Increase in Production and Sales of Electric Vehicles to Drive the Market Growth

  • A car door hinge is one of the most important components in a car. Door hinges can open and close vehicles (passenger & commercial) and hold them close to the vehicle. There is a hinge where the door attaches to the frame. Thus, the ever-increasing production and sales of electric vehicles affects the demand for high-quality door locks. Also, the expansion of electric vehicle models and models with advanced battery systems implemented with technological advances to meet customer needs is expected to drive the adoption of door hinges to open car doors the use of hinges in the market has grown rapidly. For example, in February 2023, BYD added two new dealer corporations to its network in Europe. Motor Distributors Limited (MDL) operates in Ireland and will offer BYD models in selected locations such as Dublin and Cork. With BYD’s existing partners in Norway, RSA is a commercial partner to supply Chinese-made EVs in Finland and Iceland.

Restraints

Shortage of Raw Materials and Volatility in Prices

  • Door hinges are made from a variety of materials, including steel, aluminum, copper, and brass. Changes in the prices of raw materials such as steel, aluminum, or special alloys can significantly affect the overall production cost of car doors, so price differentials cause manufacturers to struggle to keep up competitive pricing in the market, resulting in reduced demand for doors between automakers and aftersales.

High Cost

  • Hinges have a long replacement cycle due to their strength and sturdy design compared to other exemplary automotive parts. Thus, fluctuating costs due to price fluctuations influence consumers to delay the purchase of door hinges, further restraining the market growth in the coming years Furthermore, OEMs/manufacturers may consider carrying be replaced or replaced by alternatives of lower quality to mitigate the impact of rising material costs. This can affect the quality and safety of the car doors, resulting in customer dissatisfaction or routine issues. This may hamper the growth of the market during the forecast period.
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FAQs

Automotive Door Hinges Market size was valued at USD 1.06 Billion in 2022 and is poised to grow from USD 1.18 Billion in 2023 to USD 2.87 Billion by 2031, growing at a CAGR of 11.7% in the forecast period (2024-2031).

The automotive door hinges market includes key players, including Gestamp Automoción, S.A., MultiMate Inc., and Seiki Co. The increasing focus of these key players on the expansion of their product portfolio to drive market growth during the forecast period. 'Scissor Doors Inc. (Canada)', 'Midlake Products & MFG. CO, INC. (U.S.)', 'Dura Automotive System LLC (U.S.)', 'Multimatic Inc. (Canada)', 'Brano Group (Czech Republic)', 'Eberhard Manufacturing (U.S.)', 'ER Wagner (U.S.)', 'Saint-Gobain (France)', 'Aisin Seiki Co., Ltd (Japan)', 'Gestamp Automoción, S.A. (Spain)', 'Magna International Inc. (Canada)', 'Pacific Industrial Co., Ltd. (Japan)', 'Thai Marujun Co., Ltd. (Japan)', 'Mizushima Press Kogyo Co., Ltd. (Japan)', 'Magna International', 'Aisin Seiki Co., Ltd.', 'Gestamp Automoción'

The increasing focus of automotive door hinges market players to reduce the overall weight of the next generation vehicle has created a new demand for driving automotive components made of lightweight materials with lightweight driving components together providing the same strength and safety. The intense power required to drive the vehicle is reduced, reducing carbon emissions, ultimately contributing to products as it will be permanent.

Growing Demand for Lightweight Materials: The lightweight market has experienced tremendous growth due to changing consumer preferences for reducing the overall weight of vehicles. Increasing demand for door replacements (Aftermarket Hinges) one of the major factors driving the automotive door hinges market is the rise in automobile accidents with most of the collisions resulting inside or rear replacement doors being destroyed during the collision. New door design and opening method to reduce hinge sales. New technological advances in automotive door design, such as automotive door opening stations (AVDOS), which use only one hinge instead of two will be used, especially in vans and cars that use top openings, helping reduce hinge sales. This factor drives the market CAGR during the forecast period.

Asia Pacific is valued at $5.89 billion by 2023 and is expected to dominate the market. Asia-Pacific dominated the market by 2023 and is expected to continue to dominate throughout the forecast period with the fastest CAGR during the forecast period. Higher automotive sales in Asia-Pacific continues to drive the demand for door hinges in this region. Strong automotive industry in emerging Asia Pacific countries such as China, India, Japan and South Korea supports market growth in this region. According to the International Automobile Manufacturers Association (OICA), China has auto sales and doing more than any other country in the world.

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Global Automotive Door Hinges Market

Report ID: SQMIG25A2238

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