Hands-Free Power Liftgate Market - Global Industry Analysis

Hands-Free Power Liftgate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Semiconductor & Electronics Report Format : PDF Report Code: ZMR-6899 Status : Upcoming

Description

Global Hands-Free Power Liftgate Market: Overview

The hands-free power liftgate is located on the dashboard of the vehicle and is a back door system. It is in control of the user, thereby users can open or close the key on its own. The automobile manufacturers adopt these hands-free liftgate systems to offer convenience to users. The system also facilitates heightened memory, intelligent anti-trap, and other functions.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Hands-Free Power Liftgate Market: Growth Factors

The global hands-free power liftgate market is likely to grow significantly during the forecast period due to the exponential rise in the number of car sales, particularly in developing economies. The advanced liftgate designs are focused on minimizing space and component weight as it was the major concern for several years for automotive OEMs, particularly for luxury car models. However, the novel product framework is aligned with anti-corrosion coatings and composite designs that help in enhancing the fuel efficiency of the vehicle, thereby accelerating its adoption rate. The growing disposable income of the people globally is another key reason propelling the demand for premium vehicles, thereby scaling up the growth of the global hands-free power liftgate market. Modern luxury cars come with artificial intelligence tech to lower the potential risk of accidents and safely handle loads of goods. As a result, this factor is likely to emerge as a major growth factor for the growth of the global hands-free power liftgate market in the coming years. Additionally, this power liftgate system permits hands-free access for checking out the growing rolls in low-height garages. Human actions like general kicks are enough to operate the back doors. But with advancing technology, several new and innovative systems are introduced in the market. Some of them are even hands-free and just need gentle gestures to activate the system. For instance, Ford introduced a touch-free liftgate model for Escape and Everest car models in 2020. The advent of the Covid-19 pandemic has significantly slowed and even halted the operations in the global hands-free power liftgate market, but with time the market is likely to see a positive growth trajectory in the forthcoming years along with some strong growth prospects. The emergence of unique concepts like the internet of things (IoT) in handling vehicles, along with other emerging technologies in the automotive sector, is likely to further scale the demand for automated or hands-free liftgate systems. Also, basic electronic components like sensors are high in demand due to the surging trend for connected, smart, and automated cars. Diverse applications like the clutch sensor to look for the clutch position, brake vacuum sensors to check for pressure, and others are driving requirements for sensors. Other components like hatch lift support, power hatch lift, and actuators play a vital role in the hands-free power liftgate system.

Global Hands-Free Power Liftgate Market: Segmentation

The global hands-free power liftgate market can be segmented into type, application, and region.

By type, the market can be segmented into semi-automatic and fully automatic. The fully automatic segment accounts for the largest share in the global hands-free power liftgate market due to the growing requirement for automated operated tailgate systems in the market. These liftgate systems make use of hydraulic power mechanisms to lower human efforts and lift the heavy objects within less time; therefore, the surge in its applications is propelling the requirement of the fully automatic segment.

By application, the market can be segmented into commercial and passenger vehicles.

Global Hands-Free Power Liftgate Market: Regional analysis

North America accounts for the largest share in the global hands-free power liftgate market due to the ongoing technological advancements in the region, along with the presence of prominent market leaders. Also, the high demand for connected and smart cars will further drive the growth of the regional market.

Asia Pacific is another leading region in the global hands-free power liftgate market due to the growing disposable income of the people in the region.

Global Hands-Free Power Liftgate Market: Competitive Players

Some of the significant players in the global hands-free power liftgate market are Stabilus GmbH, tommy gate, Magna International Inc., Johnson electric, Huf Hülsbeck & Fürst GmbH & Co. KG, Grupo Antolin Irausa S.A, Faurecia SA, Brose Fahrzeugteile GmbH & Co.KG, Autoease Technology, and Aisin Seiki co., ltd.

Global Hands-Free Power Liftgate Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 

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FrequentlyAsked Questions

The global hands-free power liftgate market is likely to grow significantly during the forecast period due to the exponential rise in the number of car sales, particularly in developing economies. The advanced liftgate designs are focused on minimizing space and component weight as it was the major concern for several years for automotive OEMs, particularly for luxury car models.

Some of the significant players in the global hands-free power liftgate market are Stabilus GmbH, tommy gate, Magna International Inc., Johnson electric, Huf Hülsbeck & Fürst GmbH & Co. KG, Grupo Antolin Irausa S.A, Faurecia SA, Brose Fahrzeugteile GmbH & Co.KG, Autoease Technology, and Aisin Seiki co., ltd.

North America accounts for the largest share in the global hands-free power liftgate market due to the ongoing technological advancements in the region, along with the presence of prominent market leaders. Also, the high demand for connected and smart cars will further drive the growth of the regional market.

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