Global Automotive Door Module Market 2018-2022
About Automotive Door Module
A door module is an assembly of multiple sub-systems in an organized manner, which is fitted into the door panel. The complete kit with all the required components and sub-systems together form a door module unit.
Technavio’s analysts forecast the global automotive door module market to grow at a CAGR of 4.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive door module 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 Module Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive door module market: AGM Automotive, DURA Automotive, Gestamp, Grupo Antolin, and Magna International.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is Development of efficient wireless systems for in-cabin features. The automobile industry has evolved over the years. The advances are evident across all sectors, ranging from safety and security features to luxury and convenience features. This was possible owing to the increase in use of electronic components in vehicles.”
According to the report, one driver in the market is rising demand for premium cabin features. The automotive industry has seen high in the last few years owing to strong infrastructure development and increasing disposable income of middle-class households. It is highly focused on ride quality as the premium feel of vehicles is derived from the comfort level of the vehicle cabin. The ASP per unit of door module increases with feature additions, which, in turn, depend on the vehicle segmentation.
Further, the report states that one challenge in the market is material and process fluctuation affect the final product cost. The automotive industry has a very extensive supply chain, which is validated by OEMs as per their internal standard quality requirements. OEMs validate the process from the start of the manufacturing till the OEM assembly line. The supply chain has multiple points were the fluctuation affects the pricing of services or raw material or child parts.