Automotive Tailgate Latch Market
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Automotive Tailgate Latch Market Size and Growth
The Automotive Tailgate Latch market is experiencing steady growth, driven by increasing vehicle production and rising consumer demand for safety features. The market size is projected to reach approximately USD 2.5 billion by 2025, fueled by advancements in latch technologies and expanding electric vehicle adoption. Competitive dynamics are shaping innovation and pricing strategies. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Brose Fahrzeugteile GmbH & Co.
◍ Inteva Products LLC
◍ Magna International Inc.
◍ Kiekert Aktiengesellschaft
◍ Minda Vast Access Systems Pvt. Ltd.
◍ STRATTEC Security Corp.
◍ Shivani Locks Private Limited
The Automotive Tailgate Latch Market features key players like Brose, Inteva, Magna, Kiekert, Minda, STRATTEC, and Shivani Locks. These companies innovate latch technologies, enhancing vehicle security and convenience. Their collaborations with automakers drive market growth, focusing on quality and safety. Revenue figures include Magna: $36 billion, Brose: $6.5 billion.
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Market Segmentation
By Application
Passenger Car
Commercial Vehicle
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By Product
Electric Lock
Non-Electric Lock
Market Growth
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$ X Billion USD
