Power Liftgate Global Market Report 2022 – By System Type (Hands-Free, Conventional), By Type (Passenger Vehicle, Commercial Vehicle), By Material (Metal, Composite), By Sales Channel (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2022-2026

What is the definition of the power liftgate market?

The power liftgate market consists of sales of power liftgates by entities (organizations, sole traders, partnerships) that refer to a motorized hatch which opens and closes electronically. Hands-free opening and shutting can be achieved using the digital access system and/or a capacitive kick sensor incorporated into the bumper. The liftgate or trunk can also be opened or closed using the buttons on the lid or the key fob.

How will the power liftgate market drivers and restraints affect power liftgate market dynamics? What forces will shape the power liftgate industry going forward?

The power liftgate market growth is aided by the rise in the adoption of electric vehicles.

What is the forecast market size of the power liftgate market?

The power liftgate market is expected to reach $3.85 billion in 2026 at a rate of 11.51%.

How is the power liftgate segmented?

The global power liftgate market is segmented -
1) By System Type: Hands-Free, Conventional 2) By Type: Passenger Vehicle, Commercial Vehicle 3) By Material: Metal, Composite 4) By Sales Channel: OEM, Aftermarket

Which region has largest share, and what is the market size and growth by geography according to the power liftgate global market report?

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Who are the key players of the power liftgate market?

Top competitors in the power liftgate market are Aisin Corporation, Autoease Technology, Brose Fahrzeugteile GmbH & Co. KG, Grupo Antolin, Johnson Electric, Magna International Inc, Woodbine Manufacturing Co Inc, HI-LEX Corporation, Strattec Security Corporation, Power-Packer Corporation, Mitsuba Corporation, Igarashi Electric Works Ltd, Plastic Omnium Group, Continental AG and Tesla Inc.

What are the key trends in the power liftgate market?

Major trends influencing the power liftgate market include technological advancement. Technologically advanced power liftgates include smart or hands-free power liftgates that are powered by sensors, control units, and other functions that enable hands-free opening and closing for convenient use. Key players are keenly focused on providing these technologically advanced power liftgates to acquire more customers and penetrate the market for additional business.

What are the major opportunities in the power liftgate market and the approaches companies can take to take advantage of them?

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How does the power liftgate market relate to the overall economy and other similar markets?

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