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Automotive Power Liftgate Market

Global Automotive Power Liftgate Market Size, Forecast: By Type: Conventional Power Liftgate, Hands-free Power Liftgate; By Vehicle Type: Hatchback, Sports Utility Vehicle, Sedan, Others; By Material Type: Metal, Composite; By Sales Channel: OEM, Aftermarket; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Automotive Power Liftgate Market Outlook

The global automotive power liftgate market stood at a value of around USD 2.34 billion in 2023. The market is further expected to grow at a CAGR of 14% in the forecast period of 2024-2032 to attain a value of USD 7.51 billion by 2032.

 

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.

 

Global Automotive Power Liftgate Market

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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: Market 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.

 

Global Automotive Power Liftgate Market

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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.

 

Global Automotive Power Liftgate Market

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Automotive Power Liftgate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Power Liftgate Historical Market (2018-2023) 
    8.3    Global Automotive Power Liftgate Market Forecast (2024-2032)
    8.4    Global Automotive Power Liftgate Market by Type
        8.4.1    Conventional Power Liftgate
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Hands-free Power Liftgate
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Automotive Power Liftgate Market by Vehicle Type
        8.5.1    Hatchback
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Sports Utility Vehicle
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Sedan
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Automotive Power Liftgate Market by Material Type
        8.6.1    Metal
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Composite
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Automotive Power Liftgate Market by Sales Channel
        8.7.1    OEM
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Aftermarket
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)    
    8.8    Global Automotive Power Liftgate Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Automotive Power Liftgate Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe  Automotive Power Liftgate Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Automotive Power Liftgate Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Automotive Power Liftgate Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Automotive Power Liftgate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Faurecia SE
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Magna International Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Huf Group
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Strattec Security Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5     Woodbine Manufacturing
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Autoease Technology
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7     Brose Fahrzeugteile
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Automotive Power Liftgate Market: Key Industry Highlights, 2018 and 2032
2.    Global Automotive Power Liftgate Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Automotive Power Liftgate Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Automotive Power Liftgate Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
5.    Global Automotive Power Liftgate Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
6.    Global Automotive Power Liftgate Historical Market: Breakup by Material Type (USD Billion), 2018-2023
7.    Global Automotive Power Liftgate Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
8.    Global Automotive Power Liftgate Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
9.    Global Automotive Power Liftgate Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
10.    Global Automotive Power Liftgate Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Automotive Power Liftgate Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Automotive Power Liftgate Market Structure

Key Questions Answered in the Report

In 2023, the global automotive power liftgate market attained a value of nearly USD 2.34 billion.

The market is projected to grow at a CAGR of 14% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 7.51 billion by 2032.

The major drivers of the industry such as the increased accessibility to demand for passenger comfort in cars, rapid urbanisation, rising disposable incomes, and the rising investments in the research and development  of automotive power liftgates technology by the leading manufacturers are  aiding in the market growth.

The key market trends guiding the growth of the industry include the increasing demand for passenger vehicles and the rapid technological advancements.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant types include conventional power liftgate and hands-free power liftgate.

The major vehicle types include hatchback, sports utility vehicles, and sedan, among others.

The major material types include metal and composite.

The significant sales channels include OEM and aftermarket.

The major players in the industry are Faurecia SE, Magna International Inc., Huf Group, Strattec Security Corporation, Woodbine Manufacturing, Autoease Technology, and Brose Fahrzeugteile, among others.

Analyst Review

The global automotive power liftgate market attained a value of USD 2.34 billion in 2023, driven by increased demand for passenger vehicles worldwide. Aided by the rapid technological advancements and rapid urbanisation, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 14%.The market is projected to reach USD 7.51 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into conventional power liftgate and hands-free power liftgate. On the basis of vehicle type, the industry can be segmented into hatchback, sports utility vehicles, and sedan, among others. Based on material type, the market can be categorised into metal and composite. On the basis of sales channel, the industry can be segregated into OEM and aftermarket. The major regional markets for automotive power liftgate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Faurecia SE, Magna International Inc., Huf Group, Strattec Security Corporation, Woodbine Manufacturing, Autoease Technology, and Brose Fahrzeugteile, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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