Automotive Liftgate Market

The global Automotive Liftgate market was valued at 1328.27 Million USD in 2021 and will grow with a CAGR of 14.11% from 2021 to 2027, based on newly published report.

The prime objective of Automotive Liftgate Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Liftgate Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Europe is the largest production region, the Europe occupies about 52% of the market share in 2016, the second largest region is North America, North America occupies about 27% market share, the Asia has little production, it only occupies about 15% market share; the largest company is brose, it occupies about 53% of the market share, the second largest company is Huf.

By Market Verdors:

Brose

Huf

Magna

HI-LEX

Aisin

STRATTEC

By Types:

Conventional Power Liftgate

Hands-free Power Liftgate

By Applications:

SUV

Sedan

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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