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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 (2018-2028); 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 2023-2028 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.
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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.
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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, 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. |
*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 (2018-2022)
8.3 Global Automotive Power Liftgate Market Forecast (2023-2028)
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 (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Hands-free Power Liftgate
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Sports Utility Vehicle
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Sedan
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Composite
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Aftermarket
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Automotive Power Liftgate Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Automotive Power Liftgate Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automotive Power Liftgate Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Power Liftgate Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Power Liftgate Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Power Liftgate Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Automotive Power Liftgate Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Automotive Power Liftgate Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Automotive Power Liftgate Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2022
5. Global Automotive Power Liftgate Market Forecast: Breakup by Vehicle Type (USD Billion), 2023-2028
6. Global Automotive Power Liftgate Historical Market: Breakup by Material Type (USD Billion), 2018-2022
7. Global Automotive Power Liftgate Market Forecast: Breakup by Material Type (USD Billion), 2023-2028
8. Global Automotive Power Liftgate Historical Market: Breakup by Sales Channel (USD Billion), 2018-2022
9. Global Automotive Power Liftgate Market Forecast: Breakup by Sales Channel (USD Billion), 2023-2028
10. Global Automotive Power Liftgate Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Automotive Power Liftgate Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Automotive Power Liftgate Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Automotive Power Liftgate Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Automotive Power Liftgate Market Structure
Key Questions Answered in the Report
In 2021, the global automotive power liftgate market attained a value of nearly USD 1.8 billion.
The market is projected to grow at a CAGR of 14% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 3.9 billion by 2027.
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 1.8 billion in 2021, 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 2023-2028, growing at a CAGR of 14%.The market is projected to reach USD 3.9 billion by 2027.
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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