GLOBAL AUTOMOTIVE SMART LATCH SYSTEM MARKET

INTRODUCTION

Smart locks are electronic keyless locks that communicate with other electronic equipment in the home through Wi-Fi or Bluetooth. The locks may be controlled using an electronic fob or by downloading a smart lock app to a smartphone.

The user can transmit temporary keys to others, granting them access to the house for a set period of time. Furthermore, when compared to traditional ways, smart lock technology is distinctive and simple to use. Prior to smart locks, ID codes, passwords, mechanical locks, code words, and paper slips were used, which were time-consuming to maintain and had a significant risk of data theft or loss. 

Smart locks rely on  Internet of Things connection to regulate the access and synchronise with the user's smartphone. This feature distinguishes smart locks as innovative, dependable, and user-friendly, as well as bolstering their market presence.

GLOBAL AUTOMOTIVE SMART LATCH SYSTEM MARKET SIZE AND FORECAST 

The Global Automotive Smart Latch System 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 

Magna International Inc. has been named a finalist for the Automotive News PACE Awards for its SmartLatch electronic side-door latch system.SmartLatch revolutionises side-door latches by functioning entirely electrically, eliminating the need for wires, rods, and moving door handle. 

The latch is used for the first time in the industry on the BMW i8, and it has been chosen by other major automakers for future vehicle programmes.

Significant weight savings compared to mechanical latches, a decreased number of components, the flexibility to be utilised in any type of automobile or truck, as well as increased safety, sound quality, and workmanship are among the key benefits of SmartLatch to Magna's clients.  

SmartLatch delivers an innovative, lower-cost door latching technology to worldwide automakers by eliminating lock rods, release cables, and handles.

COMPANY PROFILE 

• AISIN SEIKI
• Brose Fahrzeugteile
• Grupo Antolin
• Kiekert
• Magna International.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS 

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