Automotive Power Tailgate System Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 7.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The automotive power tailgate system market has witnessed significant growth between 2018 and 2022, driven by increasing consumer demand for convenience and technological advancements in vehicle accessibility. This period saw a surge in the adoption of power tailgate systems, especially in SUVs and premium vehicles, as manufacturers aimed to enhance user experience and vehicle functionality.
According to market analyses, the global automotive power tailgate system market was valued at approximately USD 3.09 billion in 2023. Projections indicate that this market is expected to grow to USD 6.41 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.7% during the forecast period. This growth is attributed to the rising popularity of SUVs and crossovers, which often feature larger and heavier tailgates, making power-operated systems more desirable for ease of use.
Technological advancements have played a crucial role in this market’s expansion. Modern power tailgate systems now offer features such as hands-free operation, where users can open or close the tailgate by simply waving their foot under the rear bumper. Integration with smart key technology and enhanced safety features like obstacle detection and anti-pinch protection have further boosted their appeal.
Geographically, North America held a dominant share of approximately 43.68% in 2023, owing to the high demand for SUVs and luxury vehicles equipped with advanced features. Europe and the Asia-Pacific regions also contributed significantly to the market, driven by increasing vehicle production and rising consumer disposable incomes.
Looking ahead, the period from 2023 to 2033 is expected to witness sustained demand for automotive power tailgate systems. The growing adoption of electric and hybrid vehicles, which often come equipped with advanced technological features, is anticipated to further propel market growth. Additionally, as consumers continue to prioritize convenience and safety, the integration of innovative features in power tailgate systems will likely become a standard in more vehicle models.
In my experience, the convenience offered by power tailgate systems cannot be overstated. Especially when handling heavy or bulky items, the ability to operate the tailgate without manual effort enhances the overall user experience. As these systems become more advanced and widespread, I anticipate they will become a standard feature in a broader range of vehicles, catering to the evolving preferences of consumers.
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Who are the largest Global manufacturers in the Automotive Power Tailgate System industry?
- Brose
- HUF
- Johnson Electric
- Mitsuba
- Stabilus
- Airplex
- Power-Packer
- Igarashi Electric Works
- Autoease Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Automotive Power Tailgate System Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Power Tailgate System Market
- Passenger Car
- SUV
- Others
What are the types of Automotive Power Tailgate System available in the Market?
Based on Types the Market is categorized into Below types that held the largest Automotive Power Tailgate System market share In 2023.
- Side-Loading
- Top-Loading
Which regions are leading the Global Automotive Power Tailgate System Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Automotive Power Tailgate System Market Research Report, 2024-2032
1. Introduction of the Global Automotive Power Tailgate System Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Automotive Power Tailgate System Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Automotive Power Tailgate System Market, By Type
6. Global Automotive Power Tailgate System Market, By Application
7. Global Automotive Power Tailgate System Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Automotive Power Tailgate System Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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