The global automotive door hinges market is expected to reach a valuation of USD 4.6 billion in 2023 and is projected to grow to USD 7.9 billion by 2033, with a CAGR of 5.5% during the forecast period.
Several factors are driving the demand for automotive door hinges, including the rising popularity of sport utility vehicles (SUVs) and passenger cars. The adoption of mass production techniques and advanced technologies like artificial intelligence and machine learning is further propelling the automobile industry, contributing to the growth of the automotive door hinges market.
The increasing emphasis on driver and passenger safety is boosting the demand for efficient automotive door hinge systems. Technological advancements in the automotive sector have led to a surge in demand for advanced tailgate hinges and bonnet hinges, addressing vehicle safety and security concerns. These factors play a significant role in propelling the market for automotive door hinge systems.
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Urbanization and industrialization, coupled with the expanding working population’s need for private commuting, are anticipated to drive the growth of the automotive hinges market. Furthermore, global infrastructure development is likely to fuel the demand for commercial vehicles, impacting the demand for automotive hinges.
Government investments in public roadways transportation are expected to drive the automotive hinges market. Additionally, the introduction of electric-operated hinges is likely to boost global demand. The growing trend of customized vintage cars also presents significant opportunities for the automotive hinges market.
Key Takeaways
- United States automotive door hinges market is expected to grow with a CAGR of 5.3% during the forecast period.
- The market in China is expected to grow with a CAGR of 5.7% during the forecast period.
- By sales channel, aftermarket is projected to grow with a significant CAGR of 5.9% during the forecast period.
- By material, steel segment is expected to grow with a CAGR of 6% throughout the forecast period.
“The introduction of electrically operated hinges and rising popularity of sports utility vehicles is expected to drive market growth during the forecast period”– comments an FMI Analyst
Competitive Landscape
The automotive door hinges market is highly competitive, with several key industry players investing heavily in the production of these services.
The key industry players are Dura Automotive LLC, Magna International Inc., Aisin Seiki Co. Ltd., DEE Emm Giken, ER Wagner, Midlake Products & Mfg. Company Inc., Pinnet Industrie, Monroe Hinge, Gestamp Group, Multimac Inc., Brano Group, Rell Precision Manufacturing Inc., The Paneloc Corporation, Saint Gobain.
Key market players are leveraging organic growth strategies like acquisition, mergers, tie-ups, and collaboration to bolster their product portfolio. This is expected to propel the global automotive door hinges market.
- In January 2022, Dura Automotive Systems marked a significant milestone with the official inauguration of its advanced manufacturing facility in Muscle Shoals, Alabama.
- In August 2021, Dura Automotive Systems announced its collaboration with ALMAC Co, LTD through a joint venture agreement. The partnership aims to manufacture automotive-grade aluminum extrusions and components that will contribute to enhancing the performance of lightweight and electric vehicle modules.
- In April 2022, AISIN Group incorporated the SUV-style Battery Electric Vehicle (BEV) called “bZ4X” into its product lineup. This vehicle represents the first model of Toyota’s bZ Series.
- In May 2019, Magna International introduced the Comfort+TM door latch hinge, a solution aimed at addressing concerns related to car door opening and closing while enhancing cabin quietness. This innovative Automotive Door Hinge reduces the effort required to operate the door and ensures a smooth and consistent feel during operation.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global automotive door hinges market, providing historical data for 2017 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the automotive door hinges market, the market is segmented on the basis of sales channel, material, product, vehicle type and region.
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Key Segments Profiled in the Automotive Door Hinges Market Industry Survey
By Sales Channel:
- OEM
- After Market
By Material:
- Steel
- Aluminum
- Brass/Bronze/Composite Material
By Product Type:
- Front & Rear Automotive Door hinges
- Tailgate Hinges/ Bonnet Hinges
By Vehicle Type:
- Passenger Car
- Compact
- Mid-Size
- Luxury
- SUV
- LCV
- HCV
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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