Power Liftgate Market Research Report: By System Type (Hands-Free, Conventional), Sales Channel (OEM, Aftermarket), Vehicle Type (Passenger Vehicle, Commercial Vehicle) – Global Industry Analysis and Growth Forecast to 2030

Market Overview

The global power liftgate market was valued at ~$4 billion in 2020. These liftgates use a powerful hydraulic system to decrease the human effort in lifting heavy objects into vehicles, thus shortening the process. Hands-free power liftgates have a precise switch locking mechanism and capacitive motion sensors integrated into the vehicles bumper, for smart access; as a result, the adoption of hands-free power liftgates is predicted to grow in demand significantly over the forecast period.

The COVID-19 pandemic has significantly disrupted the automotive industry by leading to a downfall in the demand for vehicles. The major hindrances for the market currently are non-operational factories and lower manufacturing and sales of equipment as a result. However, the rising demand for commercial vehicles with power liftgates in the logistics and transportation sector is expected to support the market growth with conditions returning to normal and the resumption of operations in different industries.

Hands-Free System Type To Witness Faster Growth due to Continuous Technological Advancements

The hands-free category is expected to witness the faster growth in the market for power liftgate during the forecast period, on the basis of system type. Automakers all over the world are incorporating modern features in their vehicles to provide customers with greater convenience.

Growing Demand for Luxury Vehicles with Advanced Features To Support Passenger Vehicle Category’s Dominance during Forecast Period

The passenger vehicle category is expected to dominate the power liftgate market during the forecast period, based on vehicle type. This can be mainly ascribed to the surging demand for luxury vehicles due to the rising disposable income and living standards of the middle class. Furthermore, the growing demand for passenger vehicles with features such as automatic door opening and closing, advanced sensor systems, and liftgate lock systems are propelling the passenger vehicle category.

Rising Vehicle Sales Are Expected To Positively Impact Asia-Pacific (APAC) Market

Geographically, APAC is expected to witness the fastest growth during the forecast period due to the rising disposable income of its middle-class and its high living standards and rising car sales. Other factors driving the market include the need to increase customer comfort and convenience, increasing sales of electric vehicles due to the strict emission regulations, increasing demand for autonomous vehicles, introduction of the hands-free power liftgate technology, and increasing demand for sensors and a range of other electronic devices/components in automobiles.

Introduction of Advanced Connected Features Is Key Trend in The Market for Power Liftgate

Advanced technologies are being extensively used by manufacturers to offer safety, security, and comfort in their premium vehicles. These include a variety of services for customers, such as navigation, remote access, and security. Original equipment manufacturers (OEMs) are now looking at power liftgates as a way to add value to vehicles. Since this technology helps improve passenger comfort, all major car manufactures are incorporating this technology in their newer models. A power liftgate motor, deck lid cable drive, capacitive sensor system for hands-free door opening and closing, and a lift gate lock with a power cinching unit make up the power liftgate system. Thus, the continuous expansion of the automotive industry is set to boost the power liftgate market growth over the forecast period.

Rising Demand for Autonomous Vehicles To Propel Market Advance

The key factors driving the development of the power liftgate market are the surging need for the ease of driving and growing concern for vehicle and passenger safety. As a result, automakers are developing advanced technology to improve road safety and create intelligent transportation systems, such as the advanced driver-assistance system (ADAS) and self-driving. Since autonomous vehicles use the power liftgate technology, the market is set to grow with the adoption of such vehicles.

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Market Players Focusing on Product Launches and Facility Expansion to Gain Competitive Edge

Major players in the power liftgate industry have been focusing on product launches and facility expansion in order to gain momentum and increase their market share during the forecast period.

• In March 2020, Tesla Inc. unveiled its Model Y power liftgate, which allows for a smoother access to the vehicle's rear cargo room via remote control, via Tesla's mobile app, or manually, via a hatch-mounted button. It can also be opened and closed from inside the car using touchscreen control.
• InAugust 2019, Stabilus GmbH announced the launch of a new distribution center in Michigan, U.S. Through this, the company expanded its Global Independent Aftermarket business, and it will offer power liftgates and OE lift support products. 

Key Players in Global Power Liftgate Market Include:

Market Size Breakdown by Segments

The power liftgate market report offers comprehensive market segmentation analysis along with market estimation for the period 2015-2030.

Based on System Type

• Hands-Free
• Conventional 

Based on Sales Channel

• OEM
• Aftermarket

Based on Type

• Passenger Vehicle
• Commercial Vehicle

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
• Asia-Pacific (APAC)
  • Japan
  • China
  • India
  • Australia
  • South Korea
• Latin America (LATAM)
  • Brazil
  • Mexico
• Middle East and Africa (MEA)
  • Saudi Arabia
  • South Africa

Market Segment Analysis of Countries

• Further breakdown of 16 listed countries will be provided as per below segmentation:
  • By system type
  • By sales channel