the global Automotive Outside Door Handle market size is projected to reach USD 2.65 billion by 2029

Automotive Outside Door Handle Market Summary

The Automotive Outside Door Handle refers to the handle device installed on the exterior of an automobile, used to open or close the vehicle's doors. The outside door handle is typically located on the outer surface of the car door, allowing drivers and passengers to conveniently enter or exit the vehicle.

• Automotive Outside Door Handle

Source: GlobalInfoResearch, “Global Automotive Outside Door Handle Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

According to the new market research report “Global Automotive Outside Door Handle Market Report 2023-2029”, published by GlobalInfoResearch, the global Automotive Outside Door Handle market size is projected to reach USD 2.65 billion by 2029, at a CAGR of 6.6% during the forecast period.

• Global Automotive Outside Door Handle MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Automotive Outside Door Handle Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

Increase in Vehicle Production: With the global increase in automotive production, there is a corresponding rise in demand for outside door handles.

Demand for Stylish and Aesthetic Design: The continuous pursuit of aesthetic design by automotive manufacturers drives the demand for higher quality and more stylishly designed outside door handles.

Elevated Safety Standards: The increasing requirements for vehicle safety performance may necessitate more advanced and durable outside door handle systems.

Restraint:

Cost Pressure: Automotive manufacturers face cost pressures in a highly competitive market, leading to demands for cost-effective outside door handle solutions.

Trends in Electric Vehicles: With the rise of electric vehicles, some designs may not require traditional outside door handles, impacting market demand.

Complex Vehicle Structures: Some vehicles with complex body structures may increase the difficulty of outside door handle installation, resulting in higher production costs.

Opportunity:

Integration of Smart Technologies: Integrating smart technologies, such as sensor-based or electronic door handles, can enhance the technological and convenience aspects of automobiles.

Lightweight and Eco-friendly Designs: Developing lightweight materials and eco-friendly designs aligns with the sustainable development trends in the automotive industry.

Rising Demand for Personalization: Increasing consumer demand for personalized car designs may drive outside door handle manufacturers to offer more diversified design options.

• Global Automotive Outside Door Handle Top13Players Ranking and Market Share（Continually updated）

Source: GlobalInfoResearch, “Global Automotive Outside Door Handle Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

According to GlobalInfoResearch Top Players Research Center, the global key manufacturers of Automotive Outside Door Handle include Minebea(U-Shin), Huf Group, ITW, Magna, ALPHA Corporation, Aisin, VAST, Motherson, Grupo Antolin, Xin Point Corporation, etc.

In 2022, the global top five players had a share approximately 43.0% in terms of revenue.

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