Boston, MA -- (SBWIRE) -- 05/25/2017 -- Automotive locking systems are used to unlock and lock the doors of the vehicle. Automotive door locking systems can be classified into automatic and manual locking systems. Automatic automotive locking mainly involves remote controlled electric central or individual locking system with or without key-less door locking and unlocking. Automatic locking system using remote mainly has a transmitter integrated within the ignition of the vehicle. The customer need not carry extra equipment apart from the keys used for starting the vehicle engine.

Technavio's analysts forecast the global automotive locking system market to grow at a CAGR of 4.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive locking system market for 2017-2021. To calculate the market size, the report considers the global sales volume of commercial vehicles and passenger cars.

Get More Details on this Report and a Full Table of Contents at Global Automotive Locking System Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Automotive Locking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Valeo
-DENSO
-Robert Bosch

Other prominent vendors

-Brose
-Mitsuba
-Steelmate

Market driver

-Growing preference for M&HCVs for transporting freight
-For a full, detailed list, view our report

Market challenge

-Increased government regulations for owning cars
-For a full, detailed list, view our report

Market trend

-Smartphone applications for remotely locking and unlocking cars
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Valeo, DENSO, Robert Bosch, Brose, Mitsuba, Steelmate

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