Automotive Power Liftgate Market Report and Forecast 2025-2034

The global automotive power liftgate market stood at a value of around USD 2.34 Billion in 2024. The market is further expected to grow at a CAGR of 14.00% in the forecast period of 2025-2034 to attain a value of USD 8.67 Billion by 2034.

Heightened Demand for Hands-free Power Liftgate to Bolster the Market Growth of the Global Automotive Power Liftgate Industry

Based on type, the hands-free power liftgate segment is predicted to hold a healthy market share in the automotive power liftgate industry. This growth can be attributed to the increased deployment of automotive power liftgates that can be controlled remotely or hands-free to open and close rear doors in a variety of vehicles, as the demand for passenger comfort in automobiles surges. The hands-free power liftgates offer the convenience of cargo loading and unloading.

Meanwhile, the demand for composite power liftgate, based on material type, is also predicted to increase owing to its lightweight and durable nature. This is expected to contribute to the overall industry growth in the forecast period.

The Asia Pacific to Offer Lucrative Growth Opportunities to the Global Automotive Power Liftgate Industry

The Asia Pacific is estimated to occupy a considerable share of the automotive power liftgate industry in the forecast period. This growth can be attributed to the increased demand for passenger vehicles in the region, with the growing population. In addition, the rising disposable incomes and the improved living standards are also expected to contribute to the market growth. Moreover, the presence of the leading market players in the region is projected to contribute to the market growth. Meanwhile, the automotive power liftgate industry in Europe is also predicted to witness an increased growth due to the increased investments by OEMs in the automotive industry.

Automotive Power Liftgate: Market Segmentation

Automotive power liftgates are devices that enable vehicle drivers to open the rear door with the push of a button that is available on the key fob and inside the car. These are motorised hatches that can be controlled electronically and allow for hands-free usage. In addition, with the use of sensors, the tailgates can sense any obstructions in their way and close at a safe speed. Also, the gates offer height adjustments, making it easy for users to reach the closing or opening button.

Market Breakup by Type

• Conventional Power Liftgate
• Hands-free Power Liftgate

Market Breakup by Vehicle Type

• Hatchback
• Sports Utility Vehicle
• Sedan
• Others

Market Breakup by Material Type

• Metal
• Composite

Market Breakup by Sales Channel

• OEM
• Aftermarket

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Increased Demand for Passenger Vehicles to Aid the Global Automotive Power Liftgate Industry

The heightened demand for passenger vehicles worldwide is projected to propel the market growth in the forecast period. This can be attributed to the rising global population and their subsequent transportation requirements. In addition, the rising disposable incomes and improved living standards are also projected to contribute significantly towards the market growth. Moreover, the rapid technological advancements and the growing investments by the leading market players in the research and development of automotive power liftgates are also expected to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.

Key Industry Players in the Global Automotive Power Liftgate Market

The report gives a detailed analysis of the following key players in the global automotive power liftgate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Faurecia SE
• Magna International Inc.
• Huf Group
• Strattec Security Corporation
• Woodbine Manufacturing
• Autoease Technology
• Brose Fahrzeugteile
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
Show more