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Market Snapshot

CAGR:6.29

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.29

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Report Overview

Automotive Automatic Liftgate Market Analysis Report 2023-2032

The Automotive Automatic Liftgate Market is set to experience a robust Compound Annual Growth Rate (CAGR) of 7.65% between 2022 and 2032. Over this period, the market size is projected to witness substantial growth, reaching a total valuation of USD 3,589.82 million. The growth of this market is driven by several key factors, including consumer demand for convenience and safety features, the increasing adoption of SUVs and crossovers, and technological advancements in automotive liftgate systems. The market comprises systems and services dedicated to automating the operation of vehicle liftgates, providing added convenience to users.

Automotive Automatic Liftgate Market Overview

Drivers

A significant driver behind the expansion of the Automotive Automatic Liftgate Market is the growing consumer preference for convenience and safety features in vehicles. Automatic liftgates offer a hands-free and hassle-free way to access the trunk or cargo area of a vehicle, making them particularly appealing to consumers who value convenience.

The increasing popularity of SUVs and crossovers is another driving factor. These vehicles often come equipped with automatic liftgate systems as a standard or optional feature, boosting market growth. Furthermore, technological advancements have improved the reliability and functionality of automatic liftgates, enhancing their appeal to consumers.

Trends

An essential trend shaping the Automotive Automatic Liftgate Market is the integration of smart technology into liftgate systems. Smart liftgates can be opened and closed using gestures, smartphone apps, or voice commands, adding a level of connectivity and ease of use for vehicle owners. This trend aligns with the broader trend of vehicle digitization and connectivity.

Additionally, there is a growing focus on safety features in automatic liftgate systems. Sensors and obstacle detection technology are being integrated to prevent accidents or injuries while the liftgate is in operation. This enhances the overall safety and usability of these systems.

Restraints

Despite their advantages, the cost of implementing automatic liftgate systems can be a significant restraint to market growth. These systems involve sophisticated technology, including sensors, motors, and control units, which can increase the overall cost of the vehicle. However, as technology advances and economies of scale come into play, the cost of these systems is expected to decrease.

Another potential restraint is the need for proper maintenance and repair of automatic liftgate systems. Ensuring the reliability and longevity of these systems is crucial to avoid customer dissatisfaction and potential safety issues.

Automotive Automatic Liftgate Market Segmentation By Vehicle Type

The passenger car segment is expected to be a prominent growth segment within the Automotive Automatic Liftgate Market. Consumers in this segment increasingly prioritize convenience features, and automakers are responding by offering automatic liftgate systems in various car models.

The SUV and crossover segment also play a crucial role in market growth. These vehicles often come equipped with automatic liftgates as standard or optional features, contributing significantly to market revenue.

Automotive Automatic Liftgate Market Segmentation By Technology

The power liftgate segment is projected to experience substantial growth during the forecast period. Power liftgates use electric motors to open and close the liftgate automatically, and they are becoming more common in various vehicle models.

Smart liftgates, equipped with advanced connectivity features and gesture or app-based controls, are also gaining traction. These systems offer added convenience and are often found in premium and high-end vehicle models.

Regional Overview:

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North America is expected to be a key driver of global Automotive Automatic Liftgate Market growth. The region has a strong automotive industry and a consumer base that values convenience and safety features in vehicles. Additionally, the adoption of SUVs and crossovers is on the rise, further boosting the market.

The market experienced temporary disruptions during the COVID-19 pandemic due to economic challenges and shifts in consumer priorities. However, as the automotive industry rebounds and consumer demand for convenience features persists, the Automotive Automatic Liftgate Market is poised to regain momentum.

Automotive Automatic Liftgate Market Customer Landscape

The Automotive Automatic Liftgate Market report offers insights into customer adoption patterns, ranging from early adopters to laggards. It examines adoption rates across different regions based on penetration levels and analyzes key criteria influencing purchase decisions and factors affecting price sensitivity. These insights assist companies in formulating effective strategies for market entry and growth.

Major Automotive Automatic Liftgate Market Companies

Prominent players in the Automotive Automatic Liftgate Market are implementing various strategies to strengthen their market presence. These strategies include strategic collaborations, mergers and acquisitions, new product offerings, geographic expansion, and technological innovations.

Sample list of major companies in the market:

LiftMate
AutoGlide
PowerLiftGate
SmartLift
EasyAccess Liftgate Systems

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to understand market dynamics and assess the strengths and weaknesses of key players. The categorization of companies based on their market focus and influence provides a comprehensive view of the competitive environment.

Segment Overview

The Automotive Automatic Liftgate Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Vehicle Type Outlook (USD Million, 2019 - 2032)

Passenger Car
SUV and Crossover
Others

Technology Outlook (USD Million, 2019 - 2032)

Power Liftgate
Smart Liftgate
Others

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Automotive Automatic Liftgate MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Automotive Automatic Liftgate MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Automotive Automatic Liftgate Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Automotive Automatic Liftgate MARKET BY material type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Metal

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Composite

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Automotive Automatic Liftgate MARKET BY Sales channel type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 OEM

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Aftermarket

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Automotive Automatic Liftgate MARKET REGIONAL OUTLOOK

7.1. Automotive Automatic Liftgate Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027 (USD Million)

7.2.2. North America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Automotive Automatic Liftgate Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Automotive Automatic Liftgate Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Automotive Automatic Liftgate Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Magna International

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Faurecia SE

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Plastic Omnium Group

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Aisin Seiki Co., Ltd

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Huf Group

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Automotive Automatic Liftgate Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032