Automotive Liftgate Market Forecast: Reaching $4.3 Billion by 2026

0
1K

​The automotive liftgate market has experienced significant growth in recent years, driven by increasing consumer demand for convenience, technological advancements, and the rise in production of sport utility vehicles (SUVs) and crossover vehicles. Liftgates, also known as tailgates, are the rear doors of vehicles that provide access to the cargo area. They have evolved from manual operations to advanced automatic systems, enhancing user convenience and vehicle functionality.

Market Size and Growth

The global automotive liftgate market has been on an upward trajectory. The global automotive liftgate market is likely to grow at a CAGR of 3.9% during 2021-2026 to reach USD 4.3 billion in 2026. This growth is attributed to the increasing production and sales of vehicles, particularly SUVs and crossovers, which commonly feature liftgates.​

In parallel, the automotive power liftgate segment, which includes liftgates operated electronically for enhanced convenience, is also experiencing substantial growth. This surge is driven by the rising demand for passenger comfort and the integration of advanced technologies in vehicles.

Market Segmentation

Automotive Liftgate Marketby Vehicle Type (Hatchback, SUV, and Others), Material Type (Metal Liftgate and Composite Liftgate), Process Type (Stamping, Compression Molding, and Injection Molding), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).​

Regional Insights

Geographically, the Asia-Pacific region has emerged as a dominant player in the automotive liftgate market. This growth is primarily due to the increasing vehicle production in countries like China and India, coupled with a rising middle-class population demanding more vehicles equipped with advanced features.​

Europe and North America are also significant markets. Europe's growth is driven by stringent emission regulations and the automotive industry's focus on lightweight materials, leading to the adoption of composite liftgates. North America's market is propelled by the high demand for SUVs and luxury vehicles, where power liftgates are often standard or popular optional features.​

Technological Trends

The automotive liftgate market is witnessing several technological advancements:​

  • Hands-Free Operation: Modern liftgates offer hands-free operation, allowing users to open or close the liftgate with a simple foot gesture, enhancing convenience, especially when hands are occupied.​
  • Integration with Vehicle Systems: Liftgates are now integrated with vehicle security and safety systems, such as anti-pinch sensors that prevent the liftgate from closing if an obstacle is detected.​
  • Use of Lightweight Materials: Manufacturers are increasingly using composite materials to reduce the weight of liftgates, contributing to overall vehicle weight reduction and improved fuel efficiency.​

Competitive Landscape

The automotive liftgate market is highly competitive, with several key players striving to enhance their market position through innovation and strategic partnerships. Notable companies include:​

  • Plastic Omnium
  • Magna International
  • Trinseo
  • General Motors
  • Meridian Lightweight Technologies Inc.
  • Ford Motor Company
  • Volkswagen Group
  • Toyota
  • Honda Motor Co., Ltd.​

These companies are focusing on research and development to introduce advanced liftgate systems that cater to the evolving demands of consumers and comply with regulatory standards.​

Buscar
Categorías
Read More
Other
Network Analytics That Uncover the Invisible Threats
In today’s data-driven world, relying on guesswork to manage your network is like flying a...
By ruckusnetworkss 2025-04-12 10:36:08 0 616
Other
A police officer using handcuffs to stop a suicidal man from jumping off his residential building in Hubei, China, is going viral.
What happened: On Aug. 23, Li Yansong reportedly discovered the man, surnamed Chen, standing on...
By Ikeji 2023-09-06 11:40:27 0 3K
Other
North America Bacteriophages Therapy Market Size, Reports, Demands, Share - Forecast 2028
Global North America Bacteriophages Therapy Market, By Target (Escherichia Coli,...
By sumitm18 2023-07-10 10:37:02 0 3K
Other
What is an AH? Understanding the Term and Its Multiple Meanings
The abbreviation "AH" can refer to many different concepts depending...
By bettsun 2024-11-15 09:09:22 0 2K
Networking
The Power of Pay Per Click (PPC) Ads Hospitality and Travel Industry
The hospitality and travel industry is one of the most competitive industries in the world....
By payperclick 2023-06-14 06:44:16 0 5K