Lucintel’s latest market report analyzed that automotive door module provides attractive opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The automotive door module market is expected to reach $34.4 billion by 2027 with a CAGR of 5%. In this market, passenger cars is the largest segment by vehicle type. Increasing usage of renewable raw material, introduction of highly integrated door modules, development of magnesium doors, and evolution of tailored blank concept provides strategic growth path in this market.
Based on vehicle type, the automotive door module market is segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. The passenger cars segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing penetration of automotive door module in high-end vehicles, such as luxury vehicles and sports cars.
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The Automotive door module Market is marked by the presence of several big and small players. Some of the prominent players offering automotive door module include Brose Fahrzeugteile GmbH & Co., Aisin Seiki Co., Ltd., Faurecia SA, Magna International Inc., and Grupo Antolin Irausa SA.
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