The global vehicle exterior door handle market is poised for steady growth, projected to increase from $5.8 billion in 2022 to $9.4 billion by 2032, according to a new report from Allied Market Research. The market is expected to grow at a CAGR of 5.1% from 2023 to 2032, driven by rising electric vehicle (EV) adoption, demand for sleek designs, and innovations in smart access technologies.
Asia-Pacific Leads, Europe to Register Fastest Growth
Asia-Pacific continues to dominate the global market, led by key automotive economies like China, India, Japan, and South Korea. Growth in population, increasing disposable incomes, and the rapid expansion of road infrastructure are driving vehicle sales—and with it, demand for door handle components.
Meanwhile, Europe is forecast to register the highest CAGR over the next decade, as automakers in the region focus on lightweight, eco-friendly materials and sustainable production methods.
Flush Handles and Smart Access Gain Popularity
In 2022, pull-out door handles were the most commonly used, especially in sedans, SUVs, and hatchbacks, due to their ease of use. However, flush door handles are expected to outpace all other types during the forecast period. Often used in luxury vehicles, these handles contribute to a modern, aerodynamic vehicle design.
The industry is also witnessing a surge in smart access features. For example, Mahindra’s XUV700 SUV, launched in July 2023, features sensor-based smart door handles that pop out automatically—a trend expected to become mainstream across vehicle classes.
Material Shift Toward Lightweight and Eco-Friendly Designs
Automakers and component suppliers are increasingly using lightweight plastics and sustainable materials. A notable example is Mercedes-Benz, which uses biomethane and pyrolysis oil-based components in the bow door handles of its EQE and S-Class models, reducing dependence on fossil resources and supporting circular economy goals.
Companies like Huf are also innovating with door handle systems that weigh less than one kilogram, offering a performance and fuel-efficiency boost to vehicle manufacturers.
Post-Pandemic Recovery Driving Renewed Demand
While the COVID-19 pandemic temporarily hampered production and demand, the post-pandemic recovery—especially in the electric vehicle segment—has revived growth prospects. With rising interest in connected, automated, and energy-efficient mobility, door handle manufacturers are tapping into the evolving needs of OEMs and consumers alike.
Key Findings from the Report:
- Flush-type door handles are projected to see the highest growth by 2032.
- Plastic materials are gaining traction for being lightweight and cost-effective.
- OEMs dominate the distribution channel, with growing demand for factory-fitted smart features.
- SUVs continue to drive demand across vehicle classes.
- Europe is anticipated to show the fastest regional growth in the coming years.
Top Market Players:
- Magna International Inc.
- ALPHA Corporation
- Aisin Corporation
- ITW (Illinois Tool Works)
- Huf Hülsbeck & Fürst GmbH
- Motherson
- Witte Automotive
- Kiekert AG
- Marquardt Management SE
- Sakae Riken Kogyo Co., Ltd.
- MinebeaMitsumi, Inc.
- ADAC Automotive
