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 News

In March 2023, Magna offered Ferrari Purosang a Smart Access power gate system. The system includes Magna’s power door drive unit, a smart latch with a cinch actuator, and motion control software Haptronic.

In February 2022, Dura Automotive Systems LLC entered a transaction regarding its state-of-the-art manufacturing facility in Alabama. The company is adding one new piece of technology to its 31 manufacturing sites worldwide, and the plant is the first small manufacturing facility in North America.

In August 2021, Dura Automotive Systems announced that it is partnering with Almac Co., Ltd., as Almac Dura Extrusions, Ltd., an integrated business focused on automotive-grade aluminum extrusion and products works on to enhance vehicle performance for lightweight electric vehicle module.

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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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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

Automotive Door Hinges Market News

Automotive Door Hinges Market Report Snapshots

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