Door Hinges Market Size is Estimated to be $604 Million in 2023

The low friction door hinge refers to the opening and closing connection on the door, whose main function is to connect the door and the body and enable the door to be rotated to open and close. The door hinge is an important part of the door, and its quality and performance directly affect the service life and safety performance of the door 

The market of low friction door hinges for passenger cars is larger 

According to our research data, the global low friction door hinge market size is estimated to reach $604 million in 2023, which is expected to continue to grow during the forecast period and reach $641 million by 2026. From the perspective of different application markets, the market share of low friction door hinges for passenger cars will reach 78.47% in 2023, which is expected to rise to 78.62% in 2026; In 2023, the market share of low friction door hinges for commercial vehicles will reach  21.53%, which will continue to decline during the forecast period and will fall to 21.38% by 2026. 

Global Low Friction Door Hinges Market Share by Application in 2023 and 2026

Source: www.globalmarketmonitor.com

Asia Pacific is the largest market by revenue 

The research shows that the Asia-Pacific region is the largest revenue market of the global low friction door hinge industry, whose market size is estimated to be $329 million in 2023, and the market share is as high as 54.48%; Followed by the Americas, accounting for 22.69% of the market;  Europe ranks third with a 21.19% share, and the market size of low friction door hinges is estimated to be $128 million in 2023. 

The Asia-Pacific region is the world\'s largest automobile consumer market, and its large population base and continuous growth of economic strength make automobile sales show a strong momentum of development. The Asia-Pacific automotive market takes China, Japan, South Korea, India and other countries as the main core markets, and has huge growth potential in Southeast Asia and other regions. In the future, economic growth and urbanization in the Asia-Pacific region will further promote the demand for automobiles; On the other hand, the government\'s policy support and promotion of new energy vehicles will promote the rapid development of the new energy vehicle market. As an important part of the car door, the door hinge market will also continue to expand with the high prosperity of the automotive market. 

Low Friction Door Hinges Market Size and Share Forecast by Regions in 2023

Regions	Market Size(M USD)	Market Share
Americas	137	22.69%
Asia-Pacific	329	54.48%
Europe	128	21.19%
Middle East & Africa	99	1.64%
Global	604	100%

 Source: www.globalmarketmonitor.com

For more information,please click: 《China Door Hinge Industry Market Research Report 2023-2029》。