7/21/2021 Pressure Independent Control Valves Market – Set To Record Exponential Growth – Facts and Trends

Pressure Independent Control Valves Market –

Set To Record Exponential Growth
JULY 21, 2021 BY SURENDRA CHOUDHARY  ♥

Automotive Speed Sensing Door Lock System: Introduction

Automotive speed sensing door lock system helps to lock the vehicle door when the vehicle
exceeds a particular speed limit. The speed sensing door locks enhance the safety of the vehicle
and avoid unwanted accidents on the road due to accidental opening of the doors of the vehicle
while driving.

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Key Drivers of Automotive Speed Sensing Door Lock System

Market

Rise in vehicle production integrated with growing safety standards across the globe is likely to
further propel the automotive speed sensing door lock system market. Increase in inclination
toward autonomous driving among automotive manufacturers is likely to boost the automotive
speed sensing door lock system market. Enactment of stringent rules and regulations regarding
safety standards in vehicles is also likely to propel the automotive speed sensing door lock
system market across the globe.
Increase in awareness about road safety across the globe is prompting vehicle manufacturers to
integrate speed sensing door lock system in their vehicles, which in turn is anticipated to boost
the automotive speed sensing door lock system market across the globe. The spread of the
pandemic across the globe is prompting consumers to own a new vehicle, which is projected to
fuel the sale of vehicles across the globe. This, in turn, is anticipated to boost the use of
automotive speed sensing door lock system in vehicles
The coronavirus pandemic has already resulted in the shutdown of most manufacturing plants.
Major automotive markets have been affected due to COVID-19, leading to disruption in supply
chain for manufacturing in other regions, which is likely to hamper the automotive speed
sensing door lock system market across the globe

Europe & Asia Pacific to Hold Significant Share of Global

Automotive Speed Sensing Door Lock System Market

Europe is projected to account for a major share of the global automotive speed sensing door
lock system market due to a rise in the demand for safety features in vehicles across the region.
Europe has presence of major original equipment manufacturers as well as tier-1 suppliers,
including Hella GmbH & Co. KGaA and Continental AG who have major facilities that
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7/21/2021 Pressure Independent Control Valves Market – Set To Record Exponential Growth – Facts and Trends

undertake research & development on the advanced safety features in vehicles including speed
sensing door lock system, which is likely to propel the automotive speed sensing door lock
system market across the globe.
Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive
speed sensing door lock system market due to enactment of stringent norms regarding safety
features in vehicles. Presence of major automotive industries across China, India, and Japan is
anticipated to further propel the automotive speed sensing door lock system market in Asia
Pacific

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Key Players Operating in Automotive Speed Sensing Door Lock

System Market

The automotive speed sensing door lock system market is expanding consistently, as a large
number of players operate in the market. A few of the key players operating in the automotive
speed sensing door lock system market are:

OBD Innovations
Continental AG
CUMSA Corporation
Cebi International S.A.
Hella GmbH & Co. KGaA
Robert Bosch GmbH
Denso Corporation
Continental AG
Brose Fahrzeugteile Gmbh & Co.
Aisin Seiki Co., Ltd

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