Power Liftgate Market Report Cover Market Size, Top Manufacturers, Estimate and Forecast 2029

Power Liftgate Market Report Cover Market Size, Top Manufacturers, Estimate and Forecast 2029

Power Liftgate Market was valued at USD 3.75  Bn in 2021 and is expected to reach at USD 6.90 Bn by 2029 at a CAGR of 7.9 % over forecast period 2022-2029.

1. Market Size

• 2023 Estimate: USD 2.8–3.1 billion
• 2024 Projection: USD ~3.14 billion
• 2030 Forecast: USD 4.9–5.3 billion
• CAGR (2023–2030): ~11–12%

2. Overview

Power liftgates are motorized tailgates offering automatic opening and closing—often with hands-free sensors, key fobs, or foot gestures. They enhance user convenience and safety for SUVs, EVs, and luxury vehicles and are available both as OEM-equipped systems and aftermarket retrofit kits.

To Know More About This Report Request A Free Sample Copy https://www.maximizemarketresearch.com/request-sample/64348/

3. Market Estimation & Definition

The market covers:

• System Types: Hands-free (sensor/gesture activated) and conventional motorized liftgates
• Vehicle Types: Passenger vehicles, SUVs, commercial vehicles
• Materials: Metal and lightweight composite constructions
• Sales Channels: OEM installations versus aftermarket retrofit kits
• Geographic Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

4. Market Growth Drivers & Opportunities

• EV Adoption: Electric vehicles increasingly feature power liftgates as standard
• SUV Popularity: Over 70% of new SUVs include OEM liftgates for convenience
• Smart Features: Rising demand for sensor-based, anti-trap, and height-adjustable systems
• Aftermarket Opportunity: DIY kits offering cost-effective upgrades
• Fleet & Commercial Use: Enhancing loading efficiency and safety in light commercial vehicles
• Material Innovation: Use of composite and lightweight materials aligns with fuel-efficiency targets

5. Segmentation Analysis

6. Major Manufacturers

Key players shaping this market include:

• Brose
• Magna International
• Continental
• Aisin Corporation
• Johnson Electric
• Huf Group
• HI-LEX
• Strattec
• Power-Packer
• Mitsuba
• Plastic Omnium
• Tesla
• Grupo Antolin
• Autoease Technology

These companies focus on integration with smart vehicle systems, sensor safety, aerodynamic designs, and lightweight materials.

Get More Info: https://www.maximizemarketresearch.com/request-sample/64348/

7. Regional Analysis

• North America: Largest market (~43% share) due to SUV prevalence and aftermarket culture
• Europe: Strong uptake in luxury and utility vehicles; high penetration in Germany and the UK
• Asia-Pacific: Fastest growing region, led by China (39% of regional volume), India, Japan, and South Korea
• Latin America: Growing demand among SUV buyers and retrofit customers
• MEA: Emerging adoption driven by luxury segment in Gulf countries

8. Country-Level Analysis

• United States: Leads global volume, with >70% of SUVs and light trucks equipped with liftgates
• China: Largest share in Asia-Pacific; over 40% of SUVs include smart liftgate systems
• Germany & UK: High adoption in premium and utility vehicle segments
• India & Japan: Fast-moving adoption in mid- to premium vehicle lines
• Brazil & Mexico: Aftermarket retrofits rising steadily

9. COVID‑19 Impact Analysis

The pandemic temporarily disrupted supply chains, but demand remained strong due to continued SUV and EV sales. Aftermarket installations surged in 2021–22 as consumers upgraded their vehicles. Pandemic responses accelerated adoption of hands-free and touchless features for hygiene and convenience.

10. Competitor (Commutator) Analysis

Market Structure:
Moderately consolidated—with leading OEM suppliers and aftermarket kit vendors offering tailored systems.

Strategic Trends:

• Development of gesture-activated, memory-adjustable, and anti-cinch liftgates
• Integration with vehicle software, sensors, and keyless entry systems
• Lightweight component innovation and aerodynamic designs
• Growth of subscription-based and retrofit solutions for used vehicles

Challenges:

• Price sensitivity—especially in cost-conscious markets
• Safety concerns and recalls (e.g., latch defects) can impact brand confidence
• Higher complexity in installation and maintenance versus manual tailgates

Opportunities:

• Expansion in commercial fleets and last-mile delivery vehicles
• Integration with electric vehicle architectures for weight and space efficiency
• Retrofit demand in mature vehicle markets
• Growth in smart actuation and modular retrofit platforms

11. Key Questions Answered

12. Press Release Conclusion

The global power liftgate market is primed for strong, sustained growth—driven by the rise of SUVs, electric vehicles, and consumer demand for smart, hands-free convenience. With a projected market value exceeding USD 5 billion by 2030, companies delivering sensor-rich, lightweight, and easy-to-integrate systems—whether at OEM scale or via retrofit—are positioned to lead. As vehicles evolve into intelligent platforms, power liftgate innovation will remain a key differentiator in convenience and user experience.

About Maximize Market Research:
Maximize Market Research is a global market research and consulting company specializing in data-driven insights and strategic analysis. With a team of experienced analysts and industry experts, the company provides comprehensive reports across various sectors, aiding businesses in making informed decisions and achieving sustainable growth.

Contact Us
Maximize Market Research Pvt. Ltd.
2nd Floor, Navale IT Park, Phase 3
Pune-Bangalore Highway, Narhe
Pune, Maharashtra 411041, India
📞 +91 96073 65656
✉️ sales@maximizemarketresearch.com