Global Automotive Door Hinges Market 2018-2022
About Automotive Door Hinges
A door hinge is a functional part of the vehicle door system. Door hinges are attached to doors, bonnets, and boot lids. The primary function of a door hinge is to enable movement and securely hold the automotive closure system.
Technavio’s analysts forecast the global automotive door hinges market to grow at a CAGR of 3.23% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive door hinges market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Door Hinges Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive door hinges market: AISIN SEIKI, DURA Automotive Systems, Gestamp, Magna International, and Multimatic.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advanced hinges used in explosive door systems. Bolting an explosive charge along a door hinge facilitates rapid opening of doors during emergency situations. Such systems prevent trapping of passengers inside vehicle cabins during fatal accidents. The criticality of the functionality of the hinges used in explosive door systems calls for significant advancements in the design of these hinges.”
According to the report, one driver in the market is low cost of installation and ease of assembly. The cost of installation of door hinges is low due to factors like minimal labor requirement and low testing and validation requirements. Ease of assembly is another advantage associated with door hinges. The aforementioned advantages positively influence the growth of the global automotive door hinges market.
Further, the report states that one challenge in the market is limited innovation and R&D investments. A door hinge facilitates regulated movement of vehicle doors. It is responsible for holding the door in the right position. The scope of innovation associated with door hinges is limited by the nature of the product and its functionality. "
AISIN SEIKI, DURA Automotive Systems, Gestamp, Magna International, and Multimatic.