Report ID: SQMIG25A2238
Report ID:
SQMIG25A2238 |
Region:
Global |
Published Date: April, 2024
Pages:
221
|
Tables:
115 |
Figures:
74
Global 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).
Trends in vehicle production, including changes in production volumes, changes in consumer demand towards specific types of vehicles (such as passenger cars, light commercial vehicles, and heavy trucks), and automotive manufacturing facilities affect the automotive door hinges market significantly. The technological advancements in automotive door hinge systems and materials contribute to the growth of the market. Innovations such as lightweight materials, corrosion-resistant coatings, and advanced manufacturing processes improve hinge performance, durability, and aesthetics. Manufacturer-focused intelligent hinges with integrated sensors and other features for automatic lock systems are also influencing the market trends. Strict regulatory standards for vehicle safety, crash risk, and pedestrian protection are driving the adoption of high-quality door locks. Regulations such as FMVSS (Federal Motor Vehicle Safety Standards) in the United States, Euro NCAP (European New Car Assessment Program) in Europe and compliance with similar standards elsewhere affect hinge design and materials, affecting market growth
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Report ID: SQMIG25A2238