Automotive Flush Door Handles Market Size, Share, Growth, and Industry Analysis, By Type (Spiral Hidden Door Handles for Automobile and Translational Hidden Door Handles for Automobile), By Application (Mainstream Models and Luxury Models) Forecast To 2031

Updated On: 22 April 2024

Automotive Flush Door Handles Market Report Overview

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The global automotive flush door handles market size was USD 729.7 million in 2022 & the market is projected to touch USD 13861 million by 2031, exhibiting a CAGR of 38.7% during the forecast period. 

The global COVID-19 pandemic and Russia-Ukraine war has been unprecedented and staggering, with the automotive flush door handles market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Automotive flush door handles are door handles that are built into the door body and integrated with the door, making the body shape more beautiful, which can arouse user’s desire to buy. At the same time, it can reduce the windward side of the vehicle and improve the power of the vehicle. Therefore, flush door handles are more and more used in luxury vehicles. With the development of technology, the cost of flush door handles has continued to decrease, and, it has also begun to appear in mainstream vehicles. They can be opened manually or automatically, and some models are illuminated for a unique car access experience. They are also known as power-operated door handles. They are hidden in door skins and deployed automatically when users need to open the door. It is obvious that it is a major exterior styling point that makes customers interested in the vehicles that apply it.

COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market

The COVID-19 problem had an impact on the global economy, causing a strict lockdown and a halt to day-to-day activities in most of the industry. With the limits imposed by the government, the panic scenario has had a negative influence on the majority of industries. This has resulted in a market drop as well; there was a direct and indirect impact from numerous sectors producing automotive flush door handles. With the revival of the market following COVID-19, witness a recovery of the market where the blanks are restructured with product innovation and investments into R&D activities to develop advanced technologies to meet advanced requirements, which will project a proposed increase in the automotive flush door handles market share in the forecasted period.

LATEST TRENDS

"Incorporation of Smart Technology Increasing the Demand for Enhanced Vehicle Security "

The rise of smart technology is increasing the demand for enhanced vehicle security as automakers are focusing on innovations to stay competitive resulting in creation of door handles with keyless entry and biometric recognition. This not only provides added security but also a seamless user experience. It is also attracting more tech-savvy buyers, leading to an increase in market share for those automakers who adopt this trend.

Automotive Flush Door Handles Market Segmentation

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• By type

Based on type automotive flush door handles market is classified as spiral hidden door Handles for automobile and translational hidden door handles for automobile.

• By application

Based on application automotive flush door handles market is classified as mainstream models and luxury models.

DRIVING FACTORS

"Rise in Demand for Luxury and Comforts to Fuel Market Growth "

As consumers seek more luxury and comfort in vehicles, the demand for flush door handles has increased. These handles offer a sleek design, enhancing the car’s aesthetics, and providing a seamless user experience with features like keyless entry, thus driving their market growth.

"Incorporation of Advance Technologies to Stimulate Market Progress"

The rapid technological advancement in the automotive industry. As automakers strive to incorporate new technologies like IoT and AI, the effect is seen in the transformation of components like flush door handles. These technological integrations result in features like predictive maintenance, remote access, and personalized settings. This not only enhances the functionality of door handles, but also improves the overall driving experience.

RESTRAINNG FACTORS

"Supply Chain Disruptions in Automotive Industry:"

Currently, a massive shortage of raw materials like steel has affected the automotive sector. This shortage is causing problems like the high cost of raw materials, leading to a complete shutdown of manufacturing units. Companies are facing fewer sales volumes as the shortage of raw materials is forcing companies to cut some essential electronic features which are a valuable addition to the product. Also automakers are focusing on innovations to stay competitive, as a result, cars with these features may be more expensive potentially affecting the buying decisions of cost-conscious consumers.

Automotive Flush Door Handles Market Regional Insights

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"Asia Pacific Region to Expand and Dominate the Market with Extensive Utilization and Multiplying Manufacturers"

The global Automotive Flush Door Handles market is classified into North-America, Europe, Asia pacific, South-America and Middle east and Africa where the market for Automotive Flush Door Handles in Asia Pacific is projected to witness the highest growth rate during the review period. The region is increasing significantly because of continuous industrialization, low-cost labor, and significant availability of raw materials in the region has fueled the demand for automotive door handles in the APAC region where as regions such as North America and Europe have established stringent emission regulations that have affected the automotive industry but are projected to drive the automotive industry in North America and Europe in the coming years.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

The Automotive Flush Door Handles market is extremely competitive and consists of various global and regional players.  Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced treatments, along with joint ventures. The report is an extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.

List of market players profiled:

• ITW Automotive(U.S)
• Huf Group (Germany)
• VAST (U.S)
• U-Shin (Japan)
• HuaDe Holding Group Co.,Ltd. (China)
• Shanghai Ruier Industrial Co., Ltd. (China)
• Illinois Tool Works Inc.(U.S)

REPORT COVERAGE:

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.