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Global Automotive Power Liftgate Market: By Type: Conventional Power Liftgate, Hands-free Power Liftgate; By Vehicle Type: Hatchback, Sports Utility Vehicle, Others; By Material Type; By Sales Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Automotive Power Liftgate Market Outlook

The global automotive power liftgate market stood at a value of around USD 1.8 billion in 2021. The market is further expected to grow at a CAGR of 14% in the forecast period of 2022-2027 to attain a value of USD 3.9 billion by 2027.

 

Heightened Demand for Hands-free Power Liftgate to Bolster the Market Growth of the Global Automotive Power Liftgate Industry

Based on type, the hands-free power liftgate segment is predicted to hold a healthy market share in the automotive power liftgate industry. This growth can be attributed to the increased deployment of automotive power liftgates that can be controlled remotely or hands-free to open and close rear doors in a variety of vehicles, as the demand for passenger comfort in automobiles surges. The hands-free power liftgates offer the convenience of cargo loading and unloading.

Meanwhile, the demand for composite power liftgate, based on material type, is also predicted to increase owing to its lightweight and durable nature. This is expected to contribute to the overall industry growth in the forecast period.

 

The Asia Pacific to Offer Lucrative Growth Opportunities to the Global Automotive Power Liftgate Industry

The Asia Pacific is estimated to occupy a considerable share of the automotive power liftgate industry in the forecast period. This growth can be attributed to the increased demand for passenger vehicles in the region, with the growing population. In addition, the rising disposable incomes and the improved living standards are also expected to contribute to the market growth. Moreover, the presence of the leading market players in the region is projected to contribute to the market growth. Meanwhile, the automotive power liftgate industry in Europe is also predicted to witness an increased growth due to the increased investments by OEMs in the automotive industry.

 

Automotive Power Liftgate: Industry Definition and Segmentation

Automotive power liftgates are devices that enable vehicle drivers to open the rear door with the push of a button that is available on the key fob and inside the car. These are motorised hatches that can be controlled electronically and allow for hands-free usage. In addition, with the use of sensors, the tailgates can sense any obstructions in their way and close at a safe speed. Also, the gates offer height adjustments, making it easy for users to reach the closing or opening button.

By type, the market is bifurcated into:

  • Conventional Power Liftgate
  • Hands-free Power Liftgate

On the basis of vehicle type, the market can be divided into:

  • Hatchback 
  • Sports Utility Vehicle 
  • Sedan
  • Others

Based on material type, the industry can be segmented into:

  • Metal 
  • Composite

On the basis of sales channel, the market can be distributed into:

  • OEM 
  • Aftermarket

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increased Demand for Passenger Vehicles to Aid the Global Automotive Power Liftgate Industry

The heightened demand for passenger vehicles worldwide is projected to propel the market growth in the forecast period. This can be attributed to the rising global population and their subsequent transportation requirements. In addition, the rising disposable incomes and improved living standards are also projected to contribute significantly towards the market growth. Moreover, the rapid technological advancements and the growing investments by the leading market players in the research and development of automotive power liftgates are also expected to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.

 

Key Industry Players in the Global Automotive Power Liftgate Market

The report gives a detailed analysis of the following key players in the global automotive power liftgate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Faurecia SE
  • Magna International Inc.
  • Huf Group
  • Strattec Security Corporation
  • Woodbine Manufacturing
  • Autoease Technology
  • Brose Fahrzeugteile
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Vehicle Type, Material Type, Sales Channel, Region
Breakup by Type Conventional Power Liftgate, Hands-free Power Liftgate
Breakup by Vehicle Type Hatchback, Sports Utility Vehicle, Sedan, Others
Breakup by Material Type Metal, Composite
Breakup by Sales Channel OEM, Aftermarket
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Faurecia SE, Magna International Inc., Huf Group, Strattec Security Corporation, Woodbine Manufacturing, Autoease Technology, Brose Fahrzeugteile, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Automotive Power Liftgate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Power Liftgate Historical Market (2017-2021) 
    8.3    Global Automotive Power Liftgate Market Forecast (2022-2027)
    8.4    Global Automotive Power Liftgate Market by Type
        8.4.1    Conventional Power Liftgate
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Hands-free Power Liftgate
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Automotive Power Liftgate Market by Vehicle Type
        8.5.1    Hatchback
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Sports Utility Vehicle
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Sedan
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Automotive Power Liftgate Market by Material Type
        8.6.1    Metal
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Composite
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Automotive Power Liftgate Market by Sales Channel
        8.7.1    OEM
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Aftermarket
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Global Automotive Power Liftgate Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Faurecia SE
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Magna International Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Huf Group
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Strattec Security Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Woodbine Manufacturing
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Autoease Technology
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Brose Fahrzeugteile 
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Automotive Power Liftgate Market: Key Industry Highlights, 2017 and 2027
2.    Global Automotive Power Liftgate Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Automotive Power Liftgate Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Automotive Power Liftgate Historical Market: Breakup by Vehicle Type (USD Billion), 2017-2021
5.    Global Automotive Power Liftgate Market Forecast: Breakup by Vehicle Type (USD Billion), 2022-2027
6.    Global Automotive Power Liftgate Historical Market: Breakup by Material Type (USD Billion), 2017-2021
7.    Global Automotive Power Liftgate Market Forecast: Breakup by Material Type (USD Billion), 2022-2027
8.    Global Automotive Power Liftgate Historical Market: Breakup by Sales Channel (USD Billion), 2017-2021
9.    Global Automotive Power Liftgate Market Forecast: Breakup by Sales Channel (USD Billion), 2022-2027
10.    Global Automotive Power Liftgate Historical Market: Breakup by Region (USD Billion), 2017-2021
11.    Global Automotive Power Liftgate Market Forecast: Breakup by Region (USD Billion), 2022-2027
12.    North America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    North America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Europe Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Europe Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Asia Pacific Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Asia Pacific Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Latin America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Latin America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Middle East and Africa Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2017-2021
21.    Middle East and Africa Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2022-2027
22.    Global Automotive Power Liftgate Market Structure

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