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(I-AutoNewsWire.com, March 05, 2018 ) 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.
Publisher's analysts forecast the global automotive locking system market to grow at a CAGR of 4.31% during the period 2017-2021.
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An increase in the sales of sports utility vehicles or suburban utility vehicles (SUVs) and crossovers will drive the growth prospects for the global automotive locking system market during the projected period.
Key vendors - Valeo - DENSO - Robert Bosch
Other prominent vendors - Brose - Mitsuba - Steelmate
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Market driver - Growing preference for M&HCVs for transporting freight
Market challenge - Increased government regulations for owning cars
Market trend - Smartphone applications for remotely locking and unlocking cars
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete Report is Available @ http://www.reportsweb.com/global-automotive-locking-system-market-2017-2021
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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