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Global automotive door panel market 2021: By Mode of Operation (Front-hinged doors, Rear-hinged doors, Scissor door, Gullwing doors, Sliding door), By Vehicle Type (Passenger Car, Commercial Vehicle), By Distribution Channel (OEM, Aftermarket)The global automotive door panel market has been divided on the basis of mode of operation, vehicle type, distribution channel, and region/ country.Request Covid - 19 Impact The Global The Global Automotive Door Panel market size was valued at USD $26.55 Billion in 2020, USD $27.71 Billion in 2021, forecasted to reach USD $28.92 Billion in 2022, and is projected to reach USD $40.69 Billion by 2030, and is anticipated to expand at a CAGR of 4.36% over the forecast period from 2020 to 2030.
Automotive Door Panel: Product OverviewAutomotive door panel is a component which allows the passengers to enter or exit vehicle. In addition, the basic function of door panels is to protect the driver and passengers seated inside vehicle. The panels are made up of aluminum, steel, or mixed materials. It offers an attractive & stylish look, comfort, and soft touch surface to vehicles.
Market Growth FactorsDoor panels offer ergonomic comfort, reliable protection, convenience as well as play an important role in improving the esthetics of the automobile. In addition, growing production and sales vehicles, and rising need for safety due to increasing number of road accidents are some of the factors expected to drive growth of the global automotive door panel market. Furthermore, increasing development activities related to manufacturing lightweight products and strong door panels are expected to create new opportunities for companies in the global industry. Governments in developing countries such as India and Indonesia, among others, are focusing on boosting growth of the industrial sector, especially the automotive industry, by encouraging FDI and offering various subsidies. In addition, countries, especially in Asia Pacific region, are lucrative manufacturing hubs due to availability of low-cost labor and raw materials. Car manufacturers are currently focusing on expanding existing manufacturing plants and facilities and setting-up new car manufacturing plants in countries in the region. The above-mentioned factors are expected to drive growth of the Asia Pacific automotive brake systems to a significant extent, thereby contributing to growth of the global market over the forecast period. In July 2018 for instance, Maruti Suzuki India Limited, announced plans to expand its manufacturing capacity to 0.75 million units at its Gujarat plant by 2020. However, volatile prices of raw materials and increasing demand for passenger cars with two seats may hamper growth of the target market.
Trend:The latest trend observed in the target market is that the government and regulatory bodies are compelling manufacturers to focus on manufacturing light-weighting components to reduce emissions and improve fuel efficiency. Plastic is a lightweight material and is highly used in producing door panels of luxury vehicles. This material helps to reduce the overall weight of the vehicle and also provides structural rigidity and stability. The global auto sector is adopting green technology, thus demand for lightweight door panels is projected to increase in the near future, and fuel market growth.
By Mode of Operation:Among the mode of operation segments, the front-hinged doors segment is anticipated to account for major revenue contribution in the global market.
By Vehicle Type:Among the vehicle type segments, the passenger car segment is projected to register significant growth rate over the 10-year forecast period.
By Distribution Channel:Among the distribution channel segments, the OEM segment is estimated to account for considerable revenue share in the global market.
Regional AnalysisThe Asia Pacific market is projected to account for a notable share in terms of revenue in the global market. This can be attributed to the increasing number of vehicle registrations, presence of key manufacturers, along with low manufacturing costs for exporting parts and vehicles in countries such as China and India. North America market is anticipated to record significant share in terms of value in the global market. Increasing sales of commercial vehicles and passenger cars in the US and Canada, strong presence of large number of companies are factors fueling growth of the target market. The markets in the MEA and Latin America are estimated to account for moderate revenue shares in the global automotive door panel market.
Below are the active patents related to Automotive Door Panel Market.Patent Number: US9222290B2 Inside-door-handle device for vehicle Abstract An inside-door-handle device for a vehicle is provided with a base part and a cover. A swinging space is provided between the base part and the cover. The cover has a locking section; the base part has a lock-receiving section. A swing motion of the cover relative to the base part is regulated by the elastic locking between the locking section and the lock-receiving section. If the cover swings relative to the base part due to pushing operation toward the cover, the lock between the locking section and the lock-receiving section is released, and the cover can be separated from the base part. Type: Grant Filed: 2011-09-27 Date of Patent: 2015-12-29 Assignee : Alpha Corp Patent Number: US7758102B2 Interior folding armrest for automotive vehicle door Abstract An interior armrest for a sliding door assembly of a motor vehicle having a hollow housing that is pivotally movable about a pivot axis between a horizontal position for use as an armrest and a vertical position for storage is disclosed. The housing includes an actuator for automatically moving the armrest to the vertical position from the horizontal position as the sliding door moves between the closed and the open position. The armrest is disposed within a recess of the sliding door assembly when in the vertical position. Type: Grant Filed: 2008-01-09 Date of Patent: 2010-07-20 Assignee : FCA US LLC Patent Number: US9259995B2 Energy absorbing component Abstract An energy absorber for improving passenger safety in a vehicle during an impact to the vehicle, the energy absorber comprising a hollow body having a base defining a proximal end of the body, the base being configured to affix the body to a portion of the vehicle, the body further including a sidewall extending from the base and terminating in a distal end of the body, the sidewall having an interior surface and an exterior surface, the interior surface including a portion defining an interior step transition, the exterior surface including a portion defining an exterior step transition, the interior and exterior step transitions being provided at locations axially offset from each other along the sidewall. Type: Grant Filed: 2013-11-07 Date of Patent: 2016-02-16 Assignee : Toyota Motor Corp
Below are the leading companies profiled in this Automotive Door Panel Market Report:
Chapter 1 Methodology and Scope