logo
Automotive Door Handles Market is Expected to Reach USD 7.01 Billion by 2033

Automotive Door Handles Market is Expected to Reach USD 7.01 Billion by 2033

Globe and Mail28-05-2025

The automotive door handles market is expected to reach USD 7.01 billion by 2033, exhibiting a CAGR of 4.20% during 2025-2033. The market has been categorized based on type, handle type, vehicle type, and sales channel.
IMARC Group, a leading market research company, has recently releases report titled 'Automotive Door Handles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033, ' The study provides a detailed analysis of the industry, including the global automotive door handles market size, share, growth, trends and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the automotive door handles market?
The global automotive door handles market size was valued at USD 4.84 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 7.01 Billion by 2033, exhibiting a CAGR of 4.20% during 2025-2033.
Factors Affecting the Growth of the Automotive Door Handles Industry:
Technological Advancements:
The automotive door handles market is significantly influenced by technological advancements that introduce electronic and smart door handles, enhancing vehicle security and user convenience. Features such as keyless entry, touch-sensitive operations, and biometric recognition are becoming increasingly popular. Innovations in material science have also led to the development of lightweight and durable materials for door handles, contributing to improved fuel efficiency and reduced emissions in vehicles. These technological strides are pivotal in meeting modern consumer expectations and complying with environmental regulations, driving the market forward.
Consumer Preferences:
In the automotive door handles market, consumer demand is increasingly focused on enhanced aesthetics, personalization, and advanced safety features. Modern consumers desire vehicles that not only perform well but also reflect their style and offer a sense of luxury. This has led to a preference for customizable door handles that can match the vehicle's exterior or the owner's taste, with options for different materials, colors, and finishes. Additionally, there's a growing emphasis on safety, with demand for door handles that incorporate advanced technologies such as keyless entry, touch operation, and biometric recognition, providing both convenience and security. These trends underscore the consumer's desire for vehicles that are not just means of transportation but also extensions of their identity and lifestyle, driving innovation in the automotive door handles market.
Regulatory Requirements:
Stringent safety and environmental regulations globally are driving the evolution of the automotive door handles market. Governments are imposing regulations that necessitate the incorporation of advanced safety features in vehicles, including secure and reliable door handles. Additionally, environmental regulations aimed at reducing CO2 emissions are pushing manufacturers towards using lightweight materials for door handles to contribute to overall vehicle weight reduction and enhanced fuel efficiency. Compliance with these regulatory standards is crucial for manufacturers, influencing design and material choices in the production of automotive door handles.
Request for a sample copy of this report: https://www.imarcgroup.com/automotive-door-handles-market/requestsample
Automotive Door Handles Market Report Segmentation:
Breakup By Type:
Exterior Door Handles
Interior Door Handles
On the basis of type, the market has been divided into exterior door handles and interior door handles.
Breakup By Handle Type:
Mechanical
Automatic
Mechanical is the largest handle type segment in the market due to its widespread usage across various vehicle segments and its reliability and cost-effectiveness compared to electronic or smart door handle systems.
Breakup By Vehicle Type:
Passenger Vehicles
Commercial Vehicles
Passenger vehicles represent the largest vehicle type segment in the market as they constitute most vehicles on the road globally, driving higher demand for automotive door handles compared to commercial or off-road vehicles.
Breakup By Sales Channel:
Original Equipment Manufacturer (OEM)
Aftermarket
Original equipment manufacturer (OEM) is the largest sales channel segment in the market because automakers typically procure door handles directly from OEM suppliers as part of their vehicle manufacturing process, resulting in higher sales volume compared to aftermarket or third-party channels.
Breakup By Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Asia Pacific is the largest region in the market due to the significant automotive production and sales volumes in countries like China, Japan, and India, driving demand for automotive door handles in the region.
Global Automotive Door Handles Market Trends:
The widespread adoption of electronic and smart door handles that enhance vehicle security and convenience represents one of the key factors influencing the growth of the automotive door handles market across the globe. These handles often feature keyless entry, touch-based locking and unlocking mechanisms, and integration with vehicle security systems. Additionally, the demand for lightweight materials, such as plastics and composites, is on the rise to improve fuel efficiency and reduce carbon emissions. This shift is also driven by stringent environmental regulations pushing the automotive industry towards sustainability.
Furthermore, the aesthetic appeal of door handles is becoming a focal point for manufacturers aiming to differentiate their vehicles in a competitive market. Customization options and innovative designs are increasingly offered to meet consumer demands for personalization and luxury.
Who are the key players operating in the industry?
The report covers the major market players including:
ALPHA Corporation
CI Car International Pvt. Ltd.
Huf Hulsbeck & Furst GmbH & Co. KG
HUSHAN Autoparts Inc.
MinebeaMitsumi Inc.
Sakae Riken Kogyo Co. Ltd.
Sandhar Technologies Limited
TriMark Corporation
Xin Point Corporation
Ask Analyst & Browse full report with TOC List of Figures: https://www.imarcgroup.com/request?type=report&id=7609&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address: 134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices fall as OPEC+ boosts output, tariffs dampen outlook
Oil prices fall as OPEC+ boosts output, tariffs dampen outlook

Globe and Mail

time3 hours ago

  • Globe and Mail

Oil prices fall as OPEC+ boosts output, tariffs dampen outlook

Oil prices edged lower in early Asian trade on Wednesday, weighed down by a loosening supply-demand balance following increasing OPEC+ output and lingering concerns over the global economic outlook due to tariff tensions. Brent crude futures dipped 5 cents, or 0.1%, to $65.58 a barrel by 0040 GMT while U.S. West Texas Intermediate crude was at $63.32 a barrel, down 9 cents, or 0.1%. Both benchmarks climbed about 2% on Tuesday to a two-week high, supported by worries over supply disruptions from Canadian wildfires and expectations that Iran will reject a U.S. nuclear deal proposal that is key to easing sanctions on the major oil producer. 'Despite fears over Canadian supply and stalled Iran-U.S. nuclear talks, oil markets are struggling to extend gains,' said Tsuyoshi Ueno, senior economist at NLI Research Institute, adding that OPEC+ production increases were capping the upside. Ueno said hopes for progress in U.S.-China trade talks were overshadowed by profit-taking, as investors remained cautious over the broader economic fallout from tariffs. U.S. President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions. As the Trump administration pressed U.S. trading partners to provide their best offers by Wednesday, the protracted negotiations and moving deadlines have led economists to scale back growth forecasts. On Tuesday, the Organisation for Economic Co-operation and Development cut its global growth forecast as the fallout from Trump's trade war takes a bigger toll on the U.S. economy. Meanwhile, scores of wildfires have swept across Canada since the start of May, forcing thousands of evacuations and disrupting crude oil production in the country. U.S. crude stocks fell by 3.3 million barrels in the week ended May 30, market sources said, citing American Petroleum Institute figures on Tuesday. Gasoline inventories rose by 4.7 million barrels and distillate stocks rose by about 760,000 barrels. A Reuters poll of nine analysts estimated an average draw of 1 million barrels in crude stocks. Official inventory data from the U.S. Energy Information Administration is due on Wednesday.

Is Nvidia Stock a Buy Now?
Is Nvidia Stock a Buy Now?

Globe and Mail

time3 hours ago

  • Globe and Mail

Is Nvidia Stock a Buy Now?

It's been exactly two and a half years since OpenAI launched ChatGPT. Since this seminal moment, there has been no topic hotter in markets and the economy than artificial intelligence (AI). That's because everyone is realizing just how revolutionary this technology could be. Consequently, there is insatiable demand for AI services among users, as well as AI-related infrastructure for businesses. No company has benefited more from this trend than Nvidia (NASDAQ: NVDA). Its shares are up an impressive 1,420% in the past five years (as of May 30). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Should you buy this top AI stock right now? Continuing an unbelievable run Nvidia once again reported financial results that gave the market reason to cheer. The company generated revenue of $44.1 billion in the 2026 first quarter (ended April 27), which was up 69% year over year. That top-line figure exceeded expectations from Wall Street analysts. It was driven by Nvidia's thriving data center segment, which represents almost 90% of sales. Profitability remains exceptional, with the net income margin at a phenomenal 43%. Adjusted earnings per share came in at $0.96 in the first quarter, again beating Wall Street analyst estimates. The company's monster success has clearly resulted in the business building out a wide economic moat that protects its competitive standing. There are a couple of factors involved here. First, the company has unmatched intangible assets when it comes to the design of its GPUs, as well as its CUDA software platform. Nvidia has developed technological know-how that has kept it ahead of the competition, particularly within these two areas. And there are switching costs for its customers. Developers that get familiar with the company's hardware, software, services, and other AI tools are unlikely to change what they use. All of this supports its industry position. Understanding the risks With Nvidia reporting incredible financial performance every quarter like clockwork, it might be difficult for bullish investors to find any faults with owning the business. However, it's important to take a step back and try to identify key risks. One area that could be concerning is that Nvidia has a high customer concentration, with so-called hyperscalers representing a large chunk of revenue. Every business wants a diverse and large group of customers, which reduces the power customers have when it comes to negotiating leverage, and lowers the risk should one of them leave. Adding to this risk is the fact that these tech giants are working on developing their own chips, which one day might allow them to depend less and less on Nvidia. Trade tensions between the U.S. and China are also something to pay close attention to. Export restrictions are directly hurting the chipmaker's sales, and it recorded a $4.5 billion charge in the first quarter due to excess inventory. Uncertainty remains, but Nvidia's growth is still superb. An economic downturn, which many still fear is a real possibility in the near term, could crush demand for its GPUs. Spending on technology broadly, and AI specifically, has become such a massive part of the economy that any notable macro weakness could lead to pessimism from executives. And they could decide to dramatically cut planned spending until conditions improve. It's important not to ignore these risks. Nvidia's ongoing momentum alleviates any concerns at the moment, though. Gaining AI exposure in your portfolio Anytime a new technology comes along, investors should always approach things with a bit of skepticism. That's because there is always an initial period of excitement that leads to bullish fever, resulting in expensive valuations. What's more, it's almost impossible to predict how things will play out. However, as more time passes, I grow more optimistic about the staying power of AI. It seems every company is incorporating it in some way. Gargantuan sums of capital are flowing to the space. And there are new developments being introduced all the time. Of course, no one has any idea how this will impact society at large in the long run. The takeaway is that it's probably a smart idea to consider gaining AI exposure in your portfolio. And with Nvidia shares trading at what I think is a reasonable forward price-to-earnings ratio of 31.6, the stock looks like a solid buy right now. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor 's total average return is987% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store