| Product Code: ETC317119 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Hungary car door latch market, the import trend showed a notable growth rate from 2023 to 2024, increasing by 9.07%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 22.88%. This strong import momentum can be attributed to a shift in demand towards higher quality automotive components in the market.
The car door latch market in Hungary is an integral component of the automotive industry, ensuring safety and security for vehicle occupants. With stringent regulations and standards for vehicle safety, car manufacturers are focusing on high-quality door latch systems that meet safety requirements and enhance user experience. The market is characterized by the presence of both domestic and international players offering a range of door latch solutions.
In Hungary, the Car Door Latch market is driven by the thriving automotive industry, technological advancements, and the growing emphasis on vehicle safety and security. Car door latches play a crucial role in ensuring passenger safety and vehicle security, thereby witnessing a steady demand from both OEMs and aftermarket segments. Additionally, stringent government regulations pertaining to vehicle safety standards are also fueling market growth in Hungary.
In Hungary, the car door latch market faces challenges related to regulatory compliance and technological advancements. Car door latches play a critical role in vehicle safety and security, necessitating compliance with stringent quality and safety standards. Additionally, the integration of advanced features such as smart locking systems and electronic controls requires continuous innovation and investment in research and development. Fluctuating automotive production volumes and supply chain disruptions further impact market dynamics and profitability.
The Hungary government implements regulations to ensure the safety and reliability of car door latch systems in vehicles. Standards are in place to verify the strength, durability, and performance of door latch mechanisms to protect occupants in the event of a collision. Furthermore, there are measures to facilitate compliance with international safety standards and promote innovation in latch design and manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Car Door Latch Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Car Door Latch Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Car Door Latch Market - Industry Life Cycle |
3.4 Hungary Car Door Latch Market - Porter's Five Forces |
3.5 Hungary Car Door Latch Market Revenues & Volume Share, By Lock Type, 2021 & 2031F |
3.6 Hungary Car Door Latch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Hungary Car Door Latch Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Hungary Car Door Latch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in vehicles, leading to higher adoption of technologically advanced car door latch systems. |
4.2.2 Growth in the automotive industry in Hungary, driving the production and sales of vehicles equipped with door latch systems. |
4.2.3 Rising disposable income and changing consumer preferences towards more secure and convenient vehicle features. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of car door latch systems. |
4.3.2 Stringent regulations and standards related to vehicle safety, leading to compliance challenges for car door latch manufacturers. |
4.3.3 Intense competition among car door latch suppliers, resulting in pricing pressures and margin constraints. |
5 Hungary Car Door Latch Market Trends |
6 Hungary Car Door Latch Market, By Types |
6.1 Hungary Car Door Latch Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Car Door Latch Market Revenues & Volume, By Lock Type, 2021-2031F |
6.1.3 Hungary Car Door Latch Market Revenues & Volume, By Electronic, 2021-2031F |
6.1.4 Hungary Car Door Latch Market Revenues & Volume, By Non-Electronic, 2021-2031F |
6.2 Hungary Car Door Latch Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Car Door Latch Market Revenues & Volume, By Hood Latch, 2021-2031F |
6.2.3 Hungary Car Door Latch Market Revenues & Volume, By Tail Latch, 2021-2031F |
6.2.4 Hungary Car Door Latch Market Revenues & Volume, By Side Door Latch, 2021-2031F |
6.2.5 Hungary Car Door Latch Market Revenues & Volume, By Back Seat Latch, 2021-2031F |
6.3 Hungary Car Door Latch Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Hungary Car Door Latch Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.3.3 Hungary Car Door Latch Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Hungary Car Door Latch Market Import-Export Trade Statistics |
7.1 Hungary Car Door Latch Market Export to Major Countries |
7.2 Hungary Car Door Latch Market Imports from Major Countries |
8 Hungary Car Door Latch Market Key Performance Indicators |
8.1 Number of new vehicle registrations in Hungary with advanced door latch systems. |
8.2 Percentage of vehicles in Hungary equipped with keyless entry systems. |
8.3 Average warranty claims related to car door latch systems in Hungary. |
9 Hungary Car Door Latch Market - Opportunity Assessment |
9.1 Hungary Car Door Latch Market Opportunity Assessment, By Lock Type, 2021 & 2031F |
9.2 Hungary Car Door Latch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Hungary Car Door Latch Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Hungary Car Door Latch Market - Competitive Landscape |
10.1 Hungary Car Door Latch Market Revenue Share, By Companies, 2024 |
10.2 Hungary Car Door Latch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |