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Global Automotive Power Liftgate Market Growth 2019-2024
SKU ID : LPI-13870741 | Publishing Date : 19-Feb-2019 | No. of pages : 133
This report focuses on the Automotive Power Liftgate market. 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.
The global production of the Power Liftgate is about 2381 K units, 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; The main factors pushing for the healthy growth of this market is the increasing need for safety, performance, stability, and comfort. Additionally, various governmental agencies are pushing for a standard deployment of advanced driver assistance systems (ADAS), use of active safety systems, anti-intrusion and anti-theft systems, and automatic emergency braking systems. Additionally, with the increasing penetration of electric vehicles, this market is set to grow at a healthy rate through the forecast period.
The largest consumption region is Europe, it occupies about 59% market share, the second largest region is the North America, it occupies about 18% market share, and the smallest consumption region is RoW, China has the largest consumption growth rate.
According to this study, over the next five years the Automotive Power Liftgate market will register a 13.7% CAGR in terms of revenue, the global market size will reach US$ 2210 million by 2024, from US$ 1020 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Power Liftgate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Liftgate market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Power Liftgate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Conventional Power Liftgate
Hands-free Power Liftgate
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
SUV
Sedan
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Brose
Huf
Magna
HI-LEX
Aisin
STRATTEC
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Power Liftgate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Power Liftgate market by identifying its various subsegments.
Focuses on the key global Automotive Power Liftgate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Power Liftgate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Power Liftgate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The global production of the Power Liftgate is about 2381 K units, 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; The main factors pushing for the healthy growth of this market is the increasing need for safety, performance, stability, and comfort. Additionally, various governmental agencies are pushing for a standard deployment of advanced driver assistance systems (ADAS), use of active safety systems, anti-intrusion and anti-theft systems, and automatic emergency braking systems. Additionally, with the increasing penetration of electric vehicles, this market is set to grow at a healthy rate through the forecast period.
The largest consumption region is Europe, it occupies about 59% market share, the second largest region is the North America, it occupies about 18% market share, and the smallest consumption region is RoW, China has the largest consumption growth rate.
According to this study, over the next five years the Automotive Power Liftgate market will register a 13.7% CAGR in terms of revenue, the global market size will reach US$ 2210 million by 2024, from US$ 1020 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Power Liftgate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Liftgate market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Power Liftgate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Conventional Power Liftgate
Hands-free Power Liftgate
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
SUV
Sedan
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Brose
Huf
Magna
HI-LEX
Aisin
STRATTEC
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Power Liftgate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Power Liftgate market by identifying its various subsegments.
Focuses on the key global Automotive Power Liftgate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Power Liftgate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Power Liftgate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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