Global Automotive Lock Parts market cagr 12.1%

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Automotive

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Automotive Lock Parts Market Size and Growth

The automotive lock parts market is experiencing steady growth, driven by increasing vehicle production and rising concerns over vehicle security. Valued at approximately $5 billion in 2023, the market is anticipated to expand due to advancements in locking technologies and the rising demand for electric vehicles, fostering innovation in key components.

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Companies Covered

(Covid 19 Impact Covered)

◍ Kiekert

◍ Valeo

◍ Aisin Seiki

◍ WITTE Automotive

◍ ALPHA Corporation

◍ Brose

◍ Gecom

◍ Honda Lock

◍ Huf

◍ Inteva

◍ Mitsui Kinzoku

◍ Tokai Physical Chemistry

◍ U-SHIN

◍ Strattec Security Corporation

◍ Zhejiang Huayue Auto Parts

◍ Jiangsu Haoyue

The Automotive Lock Parts Market is competitive, with key players like Kiekert, Valeo, and Aisin Seiki innovating in security and technology. Companies like Brose and Inteva enhance market growth through advanced locking systems. Their combined efforts contribute to product innovation, safety improvements, and expanding market reach.

Sales revenue highlights:

- Kiekert: Approx. $1 billion

- Valeo: Approx. $20 billion

- Aisin Seiki: Approx. $35 billion

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Market Segmentation

By Application

Passenger Car

By

Product

◍ Car Door Lock

Commercial Vehicle Request Sample Report

Trunk Lock

Engine Compartment Lock

Seat Back Lock

Seat Floor Lock

Ignition Lock

Other

Market Growth

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$ X Billion USD

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