Hands-Free Power Liftgate Market by Vehicle Type (Passenger Cars (SUV, Sedan, and Others) and Commercial Vehicles), Propulsion (Gasoline, Diesel, and Electric), and Sales Channel (Original Equipment Manufacturer and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2030
Hands-free power liftgate enables the user to open or close the vehicle’s liftgate with simple movement of hand or foot. A simple kick action of the user foot beneath the rear bumper of the vehicle enable the sensor located under the bumper to open or close the liftgate. Hands-free power liftgate features are common in luxury vehicles offered by brands such as Mercedes, Volvo, and BMW among others.
Adoption of electric vehicle across the globe is increasing at a significant pace. Various countries across the globe have set the goal of achieving net zero emissions to control the effects of global warming and increase in global temperature. Electric vehicle runs on electric power provided by battery located inside the electric vehicle. Various technological advancements such as improvement in battery, driving range, and advanced features such as hands-free power liftgate are being integrated into electric vehicle, which contribute in the growth of the market.
The market is driven by increase in demand for luxury vehicles, growth in need to offer improved customer convenience & comfort, and integration of connectivity & advanced features in vehicles. Technological advancements, and increase in adoption of electric and autonomous vehicles across the globe supplement growth of this market. However, factors such as high initial cost and degradation of sensing mechanism over time hampers growth of the hands-free power liftgate market.
The hands-free power liftgate market is segmented on the basis of vehicle type, propulsion, sales channel, and region. On the basis of vehicle type, the market is segmented into passenger cars (SUVs, sedans, and others) and commercial vehicles. By propulsion, it is classified into gasoline, diesel, and electric. By sales channel, it is classified into original equipment manufacturer and aftermarket. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global hands-free power liftgate market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall hands-free power liftgate market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global hands-free power liftgate market with a detailed impact analysis.
The current hands-free power liftgate market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Vehicle Type
Passenger Cars
SUVs
Sedans
Others
Commercial vehicles
By Propulsion
Gasoline
Diesel
Electric
By Sales Channel
Original Equipment Manufacturer
Aftermarket
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Aisin Corporation
Autoease Technology
Brose Fahrzeugteile SE & Co. KG
Continental AG
Hi-Lex Corporation
Huf Hulsbeck & Furst GmbH & Co.
Johnson Holdings Limited
Magna International Inc.
Stabilus GmbH
Woodbine Manufacturing Co. Inc. (Tommy Gate)
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