GLOBAL AUTOMOTIVE LATCHING SYSTEMS MARKET

INTRODUCTION 

A latching mechanism is a security feature that prevents illegal access to different areas. The locks safeguard against theft and are an important aspect of vehicle safety since they allow for a quick departure in an emergency.Lock cylinders with keys or remote control devices (fobs), steering column locks, door locks, and trunk lid stays are examples of modern automobile locks.

Modern systems also include immobilisers, which prevent the engine from starting without a key.This can be accomplished electronically by sensing if a key is present inside the ignition switch, or mechanically by removing contact between the starter solenoid coil and distributor cap terminals before cranking. 

GLOBAL AUTOMOTIVE LATCHING SYSTEMS MARKET SIZE AND FORECAST 

The Global Automotive Latching Systems Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027. 

NEW PRODUCT LAUNCH 

The G5RL-K-EL latching relay from Omron Electronic Components Europe is designed for superior inrush performance and capacitive load management in smart building automation systems.With an innovative single contact construction, the new low-profile power relay is a very competitive alternative for controlling fluorescent and LED bulbs.

The new 16A G5RL-K-EL latching type relay is IEC60669-1 certified and has a high inrush current capacity of up to 255A, making it perfect for demanding switching applications with a wide range of loads. The appliance complies with the International Safety Standard for Electrical and Electronic Household Appliances. There is no hold current to keep the relay open, hence the latching design saves energy.

COMPANY PROFILE 

• VALEO
• DENSO Corporation
• Pricol Limited
• Robert Bosch GmbH
• Minda Industries Ltd.
• Nippon Audiotronix Pvt. Ltd.
• Continental AG
• Autocop India Pvt. Ltd.
• Lear Corporation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS 

1. What is the average cost per Global Automotive Latching Systems Market right now and how will it change in next 5-6 years?  
2. Average cost to set up aGlobal Automotive Latching Systems Market in US, Europe and China? 
3. How manyGlobal Automotive Latching Systems Market are manufactured per annum globally? Who are the sub-component suppliers in different regions? 
4. What is happening in the overall public, globally?  
5. Cost breakup of aGlobal Automotive Latching Systems Marketand key vendor selection criteria 
6. Where is theGlobal Automotive Latching Systems Market manufactured? What is the average margin per equipment? 
7. Market share ofGlobal Automotive Latching Systems Market  manufacturers and their upcoming products 
8. The most important plannedGlobal Automotive Latching Systems Market  in next 2 years 
9. Details on network of majorGlobal Automotive Latching Systems Marketand pricing plans 
10. Cost advantage for OEMs who manufacture Global Automotive Latching Systems Market  in-house 
11. 5 key predictions for next 5 years in Global Automotive Latching Systems Market 
12. Average B-2-B Global Automotive Latching Systems Market price in all segments 
13. Latest trends in Global Automotive Latching Systems Market, by every market segment 
14. The market size (both volume and value) of Global Automotive Latching Systems Market in 2022-2027 and every year in between? 
15. Global production breakup of Global Automotive Latching Systems Market, by suppliers and their OEM relationship