Bonnet Lock Plate And Latch Market
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Global <strong>Bonnet</strong> <strong>Lock</strong><br />
<strong>Plate</strong> <strong>And</strong> <strong>Latch</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016<br />
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Report Description<br />
A bonnet or hood is designed to protect a vehicle’s engine compartment from dust, rain<br />
and external contact or impact. <strong>Bonnet</strong> lock plate and latches are components designed<br />
to secure the bonnet, and ensure safety of under-the-bonnet components. The bonnet<br />
lock plate is a component of the bonnet lock and latch assembly and functions to hold<br />
the latch and spring pawl from moving. Furthermore, the bonnet lock plate helps to<br />
prevent the bonnet from opening without first being unlocked and protects against<br />
accidental bonnet disengagement while the vehicle is in motion. Some newer car models<br />
have a key-lock in the front grille, or on the bonnet itself. <strong>Bonnet</strong> latch or catch is located<br />
beneath the bonnet, and is generally at the front end. Globally, manufacturers of bonnet<br />
lock plate and latch are focusing on producing stainless steel and carbon fiber assemblies.<br />
In addition, manufacturers are exploring newer designs for bonnet lock plate and latch<br />
assemblies.<br />
<strong>Bonnet</strong> <strong>Lock</strong> <strong>Plate</strong> and <strong>Latch</strong> <strong>Market</strong>: Drivers and Restraints<br />
Growth of the global bonnet lock plate and latch market is primarily driven by increase in<br />
automotive vehicle manufacturing volumes.<br />
However, difficulty in procuring steel at low cost from China for manufacturing bonnet<br />
lock plate and latches is resulting in high cost of end products such as bonnet lock plate<br />
and latches. In addition, cost of manufacturing products using alternative materials is<br />
high. This is resulting in manufacturers facing high level of competition in the market<br />
against rivals.
Report Description<br />
Request for sample report: http://www.futuremarketinsights.com/reports/sample/repgb-1560<br />
<strong>Bonnet</strong> <strong>Lock</strong> <strong>Plate</strong> and <strong>Latch</strong><strong>Market</strong>: Segmentation<br />
On the basis of types of car hoods, bonnet lock plate and latch market is segmented into:<br />
Flat or bulged hood<br />
Louvered hood<br />
Ram air hood<br />
On the basis of type of material, bonnet lock plate and latchmarket is segmented into:<br />
Stainless steel<br />
Carbon fiber<br />
Aluminium<br />
On the basis of distribution channel, bonnet lock plate and latchmarket is segmented<br />
into:<br />
Aftermarket<br />
OEM (Original Equipment Manufacturer)
Report Description<br />
<strong>Bonnet</strong> <strong>Lock</strong> <strong>Plate</strong> and <strong>Latch</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, bonnet lock plate and latch market is segmented into seven regions,<br />
namely North America, Latin America, Europe, Asia Pacific Excluding Japan (APEJ), Japan,<br />
and the Middle East and Africa (MEA). Europe is the leader in the bonnet lock plate and<br />
latch market owing to presence of major automobile manufacturers in the region such as<br />
Audi, Mercedes Benz, and Volkswagen etc. Japan is the second major contributor in the<br />
bonnet lock plate and latch market due to presence of car manufacturers such as Toyota,<br />
Hyundai, and Suzuki. The booming automobile sector, with companies such as General<br />
Motors in North America makes this region a considerably high potential market for<br />
bonnet lock plate and latches. The market in Asia Pacific is also flourishing owing to high<br />
number of automobile manufacturers and steel manufacturing companies in this region.<br />
The markets in Latin America and Middle East and Africa are at a nascent stage, but is<br />
anticipated to witness considerable growth during the forecast period owing to presence<br />
of established automobile giants such as Chevrolet, Ford Motor Company, and Fiat in<br />
Brazil, and due to the booming oil and gas sector in Middle East region.<br />
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<strong>Bonnet</strong> <strong>Lock</strong> <strong>Plate</strong> and <strong>Latch</strong><strong>Market</strong>: Key <strong>Market</strong> Players<br />
The key players in the bonnet lock plate and latchmarket are<br />
• Strattec Security Corporation<br />
• Aisin World Corp. of America
Report Description<br />
• Shivani <strong>Lock</strong>s Pvt. Ltd.<br />
• Johnan America Inc.<br />
• Canara Auto Parts<br />
• Flex-N-Gate Corporation<br />
• PHA India<br />
• Aditya Auto<br />
• IFB Automotive Private Limited<br />
• Metalplast-Soprana<br />
• SPV Company Ltd.<br />
• Sanatan Autoplast Private Limited<br />
• Stanzen Engineering Pvt. Ltd.<br />
The research report presents a comprehensive assessment of the market and contains<br />
thoughtful insights, facts, historical data, and statistically supported and industryvalidated<br />
market data. It also contains projections using a suitable set of assumptions and<br />
methodologies. The research report provides analysis and information according to<br />
market segments such as geographies, and applications.
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