Automotive Door Panel Market was valued at $24,115.1 million in 2017, and is projected to reach at $34,158.6 million by 2025, growing at a CAGR of 4.4% from 2018 to 2025. Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the Asia-Pacific market in 2017 and Germany led the overall market in Europe. However, in North America, the U.S. currently dominates the market.

New passenger vehicle registrations increased in Europe, Russia, Japan, Brazil, India, and China, though it was sharply down in the U.S. In July 2017, the U.S. was the only major car market in the world with light vehicle sales down by 7%. The Indian and Russian car markets expanded rapidly with double-digit growth, while the recovery in Brazil continued but at a more moderate pace. New passenger vehicles registrations in Japan increased for the ninth consecutive month. Moreover, in Europe and China car sales was stronger, however, the UK recorded the fourth consecutive month of weaker car sales. Thus, the overall increase in registration of passenger vehicles drives the growth of the automotive door panel market.

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In addition, although luxury vehicles are more expensive than conventional vehicles, luxury vehicles are an obligatory status symbol for well-to-do individuals. Around 28,500 of luxury vehicles were sold in 2016. Around 15.9% rise was recorded in the sale of luxury vehicles from 2015 to 2016. Furthermore, the demand for luxury vehicles was particularly fueled by China, owing to improved standard of living and rise in disposable income of the population.

Thus, all these factors together are boosting the demand for the automotive door panel market. In addition, the number of road accidents and mishaps is increasing at a higher rate. As being the cheapest way of transportation there is considerable rise in the number of operating vehicles on roads, which is the major factor for increase in road accident. It has been seen in the recent past that large share of road accidents is from developing countries such as India, China, Indonesia and Brazil among others.

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Rise in road accidents drives various car manufacturers to install different active and passive safety systems and thereby prevent road mishaps. Thus, car manufacturers are required to provide smart and crashworthy vehicles to curb the fatality on roads in developing countries where automobile safety regulations are more lenient than those in developed countries.

The global automotive door panel market is segmented into mode of operation, vehicle type, distribution channel, and region. Based on mode of transportation, it is categorized into front-hinged doors, rear-hinged doors, scissor door, Gullwing doors, and sliding door. Based on vehicle type, it is divided into passenger cars, LCV, and HCV. Further, passenger cars are classified into economical cars and premium cars. OEM and aftermarket are the two distribution channels considered under the study. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Study
• The passenger car segment generated the highest revenue in the global automotive door panel market in 2017.
• In 2017, front-hinged doors segment was the highest revenue contributor in the mode of operation segment.
• LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
• In 2017, Asia-Pacific contributed the highest market share, followed by Europe, North America, and LAMEA.

The key players profiled in the report include Grupo Antolin, Brose, Draexlmaier Group, HAYASHI TELEMPU CORPORATION, IAC Group, TS TECH, Kasai Kogyo, Reydel Automotive France SAS, TOYOTA BOSHOKU CORPORATION, and Yanfeng.

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