Dublin, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The "Global Automotive Power Sliding Door System Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The global automotive power sliding door system market is on the rise, with a projected growth of USD 2.45 billion from 2023 to 2028, marking an impressive CAGR of 13.42% during the forecast period.
The recent analysis underscores the key factors contributing to the market’s growth. Factors such as the increased adoption of luxury vans, a surge in the installation of electronic components in vehicles, and the rising population of high net worth individuals (HNWI) are identified as primary growth drivers.
The market has been further segmented based on application, encompassing both passenger vehicles and cargo vans, and technological developments like electric power sliding doors, aftermarket retrofit kits, and advancements in smart and touchless operations.
The report highlights the surge in ride-sharing platforms as a significant catalyst in bolstering van sales, further propelling the market's expansion. Another essential trend recognized is the rising integration of power sliding door systems in mid-sized vehicles and the continued development of smart door systems, which are anticipated to stimulate market demand.
The research provides a granular analysis of the market's geographical segmentation:
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The vendor landscape is a key aspect of the market, with the study featuring detailed evaluations of several leading manufacturers. Ensuring a competitive edge in the market, these companies are highlighted for their strategic market presence and innovative product offerings.
Companies Profiled:
- AISIN CORP.
- Brose Fahrzeugteile
- Continental AG
- GESTAMP AUTOMOCION
- Kiekert AG
- Magna International Inc.
- Mitsuba Corp.
- Mitsui Kinzoku ACT.
- Schaltbau Holding
- Somfy SA
- Strattec Security
The automotive power sliding door system market is segmented as below:
By Application
- Passenger vehicle
- Cargo vans
By Technology
- Electric power sliding doors
- Aftermarket retrofit kits
- Smart and touchless operation
For more information about this report visit https://www.researchandmarkets.com/r/m2nvcd
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