Automotive Hinges Market by Vehicle Type (Passenger Car, Commercial Vehicle), by Material (Steel, Aluminum, Others), by Sales Channel (OEM, Aftermarket), by Application (Front Door Hinge, Rear Door Hinge, Tailgate Hinge, Bonnet Hinge), by Hinge Type (Butt Hinges, Latch Hinges, Multi-leaf Hinges, Strap Hinge), by North America (U.S., Canada, Mexico) Forecast 2024-2032
The Automotive Hinges Market Size was valued at USD 12.14 USD Billion in 2023 and is projected to reach USD 23.96 USD Billion by 2032, exhibiting a CAGR of 10.2 % during the forecast period. Car door hinges are one of the most important structural parts of the vehicle, which are placed on the inside of the door and attached to the body. The door hinges also contribute to the smooth opening and closing of the door. Due to the increase in sales of vehicles in the global market, the market for automobile hinges is expected to grow. The soul of a car connects parts of the vehicle, including doors, hood, fuel cap, trunk or tailgate, to the body of the car. Car hinges are used in several hinges, such as on the hood or door, at an angle to the vehicle body. Rising vehicle production and sales are expected to drive market growth during the forecast period.
Vehicle Type:
Material:
Sales Channel:
Application:
Hinge Type:
Vehicle Type: Passenger cars have the largest market share due to higher production volume. Hinge Type: Butt hinges are the most commonly used type, followed by latch hinges. Sales Channel: OEMs account for a majority of revenue due to bulk orders from automakers.
Strengths:
Weaknesses:
Opportunities:
Threats:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 10.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 10.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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