Global Automotive Power Sliding Door System Market 2018-2022
About Automotive Power Sliding Door System
An automotive door is typically hinged, but in many cases, it can also be attached by other mechanisms, such as tracks. The doors in a vehicle can either be opened manually or can be powered electronically.
Technavio’s analysts forecast the global automotive power sliding door system market to grow at a CAGR of 18.31% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive power sliding door system 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 Power Sliding Door System Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive power sliding door system market: Aisin Seiki, Brose, Gestamp, Johnson Electric, and STRATTEC SECURITY CORPORATION.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for small and compact luxury vans in emerging markets. The global automotive industry is witnessing the development of new van models that are being launched for the mass market. The demand for luxury vans is increasing in the emerging economies including India and China despite the high rates of traffic congestion and less parking space availability during peak hours.”
According to the report, one driver in the market is increasing adoption of luxury vans by fleet operators. Fleet operators offer services including limo transportation, media network, VIP transportation, and other services. Mobility solutions including the car sharing or pooling services like Ola and Uber, are rapidly growing and are expected to diversify the automotive industry.
Further, the report states that one challenge in the market is rising cost pressure on automotive OEMs. Auto OEMs are subject to heavy cost pressures due to the dynamism of the regulatory environment and demanding consumer base.
Aisin Seiki, Brose, Gestamp, Johnson Electric, and STRATTEC SECURITY CORPORATION.