Analysis of Automotive Power Liftgate Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The operator of the vehicle operates the liftgate/tailgate opening and shutting by depressing a key situated on the dashboard or a handheld remote. These are back-door systems. Intelligent anti-trap and height memory functions are just two of the features they have.
The hand-free mechanism also allows for remote control operation. Although the design of doors varies greatly across automakers and even between different car models, the mechanics of these stays the same. Good anti-corrosion qualities ensure the longevity and effective operation of back doors.
Nowadays, all prominent automobile manufacturers are adapting this technology in their vehicles to enhance comfort for passengers. The power liftgate system consists of a power liftgate drive, deck lid cable drive, a capacitive sensor system for hands-free opening & closing, and a lift gate latch with a power cinching unit.
The power liftgate become widespread that are available on SUVs, minivans, Sedans, and hatchbacks. at present truck tailgates offer a version of the technology.
Some commercial vehicles have back door frames that have a power liftgate to ease the opening & closing of back doors. The growth of the market is gaining pace with the arrival of new technologies and innovations.
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The market is predicted to grow significantly internationally along with the ongoing expansion of the automotive industry. The market will be driven by new developments in the automotive sector, such as a hand-free system for opening and closing back doors. Also, some insurance providers provide discounts on insurance premiums for automobiles with cutting-edge technology. This element is expected to fuel the market for vehicle power liftgates.
Manufacturers face several challenges, owing to the presence of numerous competitors in the automotive sector. This competition further intensifies with new ideas that lead to innovative product launches. Additionally, the initial cost of these systems is also high, which increases the cost of the vehicle, which can hamper the growth of the market.
In the coming years, Original Equipment Manufacturers (OEMs) are aiming to provide advanced technology systems in vehicles, which is a prominent driver for the market. Moreover, OEMs are also focusing on forging long-term alliances with automobile manufacturers in order to enhance the quality of the material used and to design unique systems. This factor is expected to drive the market in the coming years.
The ability to open power liftgates without using your hands is one characteristic that increases their usefulness. A hands-free power liftgate that could be opened or closed by waving your foot under the back bumper was one of the first innovations made by Ford. Models from Hyundai, Kia, and Genesis with hands-free power liftgates open after sensing the key fob close to the trunk after three seconds. The back insignia of Lexus vehicles have a sensor that needs to be activated by the owner putting their hand in front of it.
With consideration to convenience, these liftgates are extremely useful if one needs to access vehicles’ cargo areas frequently. Additionally, the ability to open the hatch without putting down what one is carrying in hand is a benefit of it.
For taxi/ride-hailing drivers, the ability to remotely open and close the trunk or hatch is a useful feature, particularly when customers forget to do so. But, power liftgates aren't always worthwhile.
Asia Pacific is expected to contribute a considerable share throughout the forecast period, owing to the increasing disposable income of the middle-class population in the region along with high living standards and increasing automobile sales. These factors are estimated to boost the demand in the coming years. Europe also holds a prominent share of the market due to the large number of automobile manufacturers in the region.
Furthermore, North America is expected to dominate the market, owing to the increasing demand for luxury vehicles in the U.S. and Canada. Latin America, the Middle East, and Africa are projected to witness a surge in the demand for automobiles, owing to increasing urbanization and economic growth, which in turn will accelerate the growth of the market during the forecast period.
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Examples of some of the market participants,
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Features like Hand-free operations are likely to increase the use of powered liftgates.
The growing automotive industry is a key driver of demand in this industry.
The market is segmented on the basis of Applications, Sales channels, and Regions.
The Asian region expected to hold major share in the market
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