The global Vehicle Extendable Door Handle market was valued at US$ 1.01 billion in 2022 and is anticipated to reach US$ 5.27 billion by 2029, witnessing a CAGR of 23.14% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
North American market for Vehicle Extendable Door Handle is estimated to increase from $ 318.46 million in 2022 to reach $ 1.64 billion by 2029, at a CAGR of 27.96% during the forecast period of 2023 through 2029.
China market for Vehicle Extendable Door Handle is estimated to increase from $ 896.05 million in 2022 to reach $ 2.41 billion by 2029, at a CAGR of 17.92% during the forecast period of 2023 through 2029.
The major global manufacturers of Vehicle Extendable Door Handle include ITW, Huf, VAST, U-Shin, HuaDe, Shanghai Ruier, and etc. In 2022, the world's top three vendors accounted for approximately 61.88% of the revenue.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
By Market Verdors:
- Illinois Tool Works Inc.
- Huf Group
- VAST
- U-Shin
- HuaDe Holding Group Co.,Ltd.
- Shanghai Ruier Industrial Co., Ltd.
By Types:
- Rear Translational Extendable Door Handle
- Translational Extendable Door Handle
By Applications:
- Mainstream Vehicles
- Luxury Vehicles
- Regional Outlook
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2032 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2017-2032. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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- To understand the future outlook and prospects for the market.
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