Global Car Trunk Latches Market Insights, Forecast to 2028

Market Analysis and Insights: Global Car Trunk Latches Market
Due to the COVID-19 pandemic, the global Car Trunk Latches market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Manually-Operated Car Trunk Latches accounting for % of the Car Trunk Latches global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Compact Vehicle segment is altered to an % CAGR throughout this forecast period.
China Car Trunk Latches market size is valued at US$ million in 2021, while the US and Europe Car Trunk Latches are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Car Trunk Latches landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Car Trunk Latches include Kiekert, Principal Manufacturing Corporation, Brose Fahrzeugteile, Huf Group, MITSUI MINING & SMELTING, STRATTEC, GECOM Corporation, Rocky Hinge and Yau Young Auto Parts Ind, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Car Trunk Latches capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Car Trunk Latches by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Car Trunk Latches Scope and Segment
Car Trunk Latches market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Car Trunk Latches market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Manually-Operated Car Trunk Latches
Electric Release Car Trunk Latches
Segment by Application
Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicles
Sport Utility Vehicle
By Company
Kiekert
Principal Manufacturing Corporation
Brose Fahrzeugteile
Huf Group
MITSUI MINING & SMELTING
STRATTEC
GECOM Corporation
Rocky Hinge
Yau Young Auto Parts Ind
U-Shin
Shivani Locks
YourMechanic
protex
Principal Manufacturing Corporation
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E