Global Automotive Power Liftgate Market Growth 2023-2029

Global Automotive Power Liftgate Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Automotive Power Liftgate Industry Forecast” looks at past sales and reviews total world Automotive Power Liftgate sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Power Liftgate sales for 2023 through 2029. With Automotive Power Liftgate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Power Liftgate industry.

This Insight Report provides a comprehensive analysis of the global Automotive Power Liftgate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Power Liftgate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Power Liftgate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Power Liftgate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Power Liftgate.

The global Automotive Power Liftgate market size is projected to grow from US$ 4169.3 million in 2022 to US$ 10770 million in 2029; it is expected to grow at a CAGR of 10770 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Liftgate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

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?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.