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According to our LPI (LP Information) latest study, the global Automotive Power Liftgate market size was valued at US$ 4169.3 million in 2023. With growing demand in downstream market, the Automotive Power Liftgate is forecast to a readjusted size of US$ 10770 million by 2030 with a CAGR of 14.5% during review period.
The research report highlights the growth potential of the global Automotive Power Liftgate market. Automotive Power Liftgate are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Power Liftgate. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Power Liftgate market.
A power tailgate system is a device that aids the opening and closing a car's tailgate or boot lid automatically. The tailgate can be opened and closed by pressing a button in the dashboard, using a remote controller, or through gestures, which are tracked by sensors placed beneath the rear bumper. The system consists of mechatronic components that are enclosed in a power assembly comprising electric latches, component carriers, and closures for opening and closing of the tailgate.
Global Automotive Power Liftgate key players include Brose, Continental, Magna, Aisin, etc. Global top four manufacturers hold a share over 50%.
Europe is the largest market, followed by China, and North America.
In terms of product, Conventional Power Liftgate is the largest segment, with a share over 60%. And in terms of application, the largest application is SUV, followed by Sedan, etc.
Key Features:
The report on Automotive Power Liftgate market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Power Liftgate market. It may include historical data, market Segmentation by Type (e.g., Conventional Power Liftgate, Hands-free Power Liftgate), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Power Liftgate market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Power Liftgate market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Power Liftgate industry. This include advancements in Automotive Power Liftgate technology, Automotive Power Liftgate new entrants, Automotive Power Liftgate new investment, and other innovations that are shaping the future of Automotive Power Liftgate.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Power Liftgate market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Power Liftgate product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Power Liftgate market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Power Liftgate market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Power Liftgate market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Power Liftgate industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Power Liftgate market.
Market Segmentation:
Automotive Power Liftgate market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Conventional Power Liftgate
- Hands-free Power Liftgate
Segmentation by application
- SUV
- Sedan
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Brose
- Continental
- Magna
- Aisin
- Huf Group
- HI-LEX
- Stabilus
- QLTC
- Edscha
- STRATTEC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Power Liftgate market?
What factors are driving Automotive Power Liftgate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Power Liftgate market opportunities vary by end market size?
How does Automotive Power Liftgate break out type, application?