Market Overview:
The automotive automatic liftgate market refers to the segment of the automotive industry that focuses on the development, manufacturing, and sales of vehicles equipped with automatic liftgate systems. An automatic liftgate system allows a vehicle’s tailgate or trunk lid to open and close automatically, without the need for physical effort from the driver or passengers.
The market for automotive automatic liftgates has experienced significant growth over the past few years, driven by the increasing demand for convenience and safety features in modern vehicles. As more and more consumers seek vehicles with automatic liftgates, manufacturers are investing in research and development to produce more advanced and sophisticated systems that offer greater functionality and performance.
This article provides an in-depth analysis of the automotive automatic liftgate market, including key market insights, drivers, restraints, opportunities, and trends, as well as a SWOT analysis, competitive landscape, regional analysis, segmentation, and more.
Meaning:
An automatic liftgate system is a mechanism that allows a vehicle’s tailgate or trunk lid to open and close automatically. The system typically relies on sensors and electronic controls to detect the presence of a key fob or other device and activate the liftgate mechanism.
Automatic liftgate systems are becoming increasingly popular in modern vehicles, as consumers seek out more convenient and safe features. Many systems include features such as hands-free operation, which allows the liftgate to open or close without requiring the driver or passenger to physically interact with the vehicle.
Executive Summary:
The global market for automotive automatic liftgates is projected to grow at a CAGR of 6.2% from 2021 to 2028. This growth is driven by a variety of factors, including the increasing demand for convenience and safety features in modern vehicles, the rise of electric and hybrid vehicles, and the growing popularity of SUVs and crossovers.
Key market players include Continental AG, Huf Hรผlsbeck & Fรผrst GmbH & Co. KG, Magna International Inc., Johnson Electric Holdings Limited, and Mitsuba Corporation. These companies are investing in research and development to produce more advanced and sophisticated systems that offer greater functionality and performance.
The market is segmented by technology type, application, vehicle type, and region. By technology type, the market is segmented into hydraulic, electric, and pneumatic liftgate systems. By application, the market is segmented into SUVs, crossovers, and others. By vehicle type, the market is segmented into passenger cars and commercial vehicles.
Important Note: The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights:
The following are some of the key market insights for the automotive automatic liftgate market:
- Increasing demand for convenience and safety features: One of the primary drivers of the automotive automatic liftgate market is the increasing demand for convenience and safety features in modern vehicles. Automatic liftgate systems offer a convenient and easy-to-use solution for opening and closing a vehicle’s tailgate or trunk lid, without requiring physical effort from the driver or passengers.
- Rise of electric and hybrid vehicles: Another key driver of the market is the rise of electric and hybrid vehicles. As more consumers seek out eco-friendly and fuel-efficient vehicles, manufacturers are investing in the development of electric and hybrid liftgate systems that can help to reduce emissions and improve overall efficiency.
- Growing popularity of SUVs and crossovers: The growing popularity of SUVs and crossovers is also driving the market for automatic liftgate systems. These larger vehicles often have larger and heavier tailgates, which can be difficult to open and close manually. Automatic liftgate systems offer a convenient and easy-to-use solution for these vehicles.
- Increasing focus on safety: Safety is a top priority for consumers when it comes to purchasing a new vehicle. Automatic liftgate systems can help to improve safety by reducing the risk of injury or strain when opening and closing a heavy tail
Market Restraints:
Along with the drivers, there are also some restraints that can hinder the growth of the automotive automatic liftgate market. These include:
- High cost: Automatic liftgate systems are typically more expensive than manual systems, which can make them less accessible to price-sensitive consumers.
- Complexity: Automatic liftgate systems are more complex than manual systems, which can make them more difficult to repair and maintain. This can increase the cost of ownership over time.
- Integration with other systems: Automatic liftgate systems must be integrated with other vehicle systems, such as the powertrain and electrical systems. This can create additional complexity and increase the risk of system failures.
- Limited availability: Not all vehicle models are equipped with automatic liftgate systems, which can limit the overall market potential for these systems.
Market Opportunities:
Despite these challenges, there are also several opportunities for growth in the automotive automatic liftgate market. These include:
- Development of advanced features: Manufacturers are investing in research and development to produce more advanced and sophisticated liftgate systems that offer greater functionality and performance. This includes features such as gesture control, obstacle detection, and automatic closing.
- Increasing adoption of electric and hybrid vehicles: As more consumers adopt electric and hybrid vehicles, there will be a growing demand for liftgate systems that can help to improve overall efficiency and reduce emissions.
- Expansion into new vehicle segments: Automatic liftgate systems are currently most commonly found in SUVs and crossovers, but there is potential to expand into other vehicle segments, such as sedans and hatchbacks.
- Integration with other vehicle systems: Manufacturers can look for opportunities to integrate liftgate systems with other vehicle systems, such as the infotainment and driver assistance systems. This can create new opportunities for functionality and convenience.
Market Dynamics:
The automotive automatic liftgate market is subject to a variety of dynamics that can impact its growth and development. These include:
- Changing consumer preferences: As consumer preferences and priorities evolve, manufacturers must adapt their products and offerings to meet changing demand.
- Technological advancements: Advances in technology can lead to the development of more advanced and sophisticated liftgate systems, which can create new opportunities for growth and differentiation.
- Regulatory environment: Changes in regulations and standards can impact the design and functionality of liftgate systems, and manufacturers must stay up-to-date with these changes in order to remain compliant.
- Competitive landscape: The competitive landscape of the automotive industry can impact the development and adoption of automatic liftgate systems, as manufacturers look for ways to differentiate their products and gain market share.
Regional Analysis:
The automotive automatic liftgate market is segmented into several regions, including North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific region is expected to dominate the market during the forecast period, due to the presence of major automotive manufacturers in the region and the growing demand for SUVs and crossovers. The region is also home to a large and rapidly growing middle class, which is driving demand for convenience and safety features in vehicles.
Competitive Landscape:
Leading Companies in the Automotive Automatic Liftgate Market:
- Brose Fahrzeugteile SE & Co. KG
- Huf Hรผlsbeck & Fรผrst GmbH & Co. KG
- Johnson Electric Holdings Limited
- Aisin Seiki Co., Ltd.
- Stabilus S.A.
- Magna International Inc.
- Faurecia SA
- Mitsuba Corporation
- HI-LEX Corporation
- Hella GmbH & Co. KGaA
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation:
The automotive automatic liftgate market is segmented by technology type, application, vehicle type, and region. By technology type, the market is segmented into hydraulic, electric, and pneumatic liftgate systems. By application, the market is segmented into SUVs, crossovers, and others.
By vehicle type, the market is segmented into passenger cars and commercial vehicles.
Category-wise Insights:
- By Technology Type:
a. Hydraulic Liftgate Systems: Hydraulic liftgate systems use a hydraulic cylinder to power the opening and closing of the liftgate. These systems are typically found in larger and heavier vehicles, such as SUVs and trucks. Hydraulic liftgate systems are known for their durability and reliability, but they can also be more expensive and complex than other types of liftgate systems.
b. Electric Liftgate Systems: Electric liftgate systems use an electric motor to power the opening and closing of the liftgate. These systems are typically found in smaller and lighter vehicles, such as sedans and hatchbacks. Electric liftgate systems are known for their convenience and ease-of-use, but they can also be more prone to mechanical failures than other types of liftgate systems.
c. Pneumatic Liftgate Systems: Pneumatic liftgate systems use compressed air to power the opening and closing of the liftgate. These systems are typically found in commercial vehicles, such as delivery vans and trucks. Pneumatic liftgate systems are known for their efficiency and reliability, but they can also be more expensive and difficult to repair than other types of liftgate systems.
- By Application:
a. SUVs: SUVs are the most common application for automatic liftgate systems, due to their size and weight. Automatic liftgate systems offer a convenient and easy-to-use solution for opening and closing the tailgate of an SUV, without requiring physical effort from the driver or passengers.
b. Crossovers: Crossovers are also a common application for automatic liftgate systems. These vehicles are smaller and lighter than SUVs, but they still offer ample cargo space and convenience features. Automatic liftgate systems can help to make it easier to load and unload cargo from the trunk of a crossover.
c. Others: Automatic liftgate systems are also found in other types of vehicles, such as sedans and hatchbacks. These systems are less common in these vehicles, but they can offer added convenience and functionality for drivers and passengers.
- By Vehicle Type:
a. Passenger Cars: Passenger cars are the most common vehicle type for automatic liftgate systems, due to their popularity and widespread use. Automatic liftgate systems offer a convenient and easy-to-use solution for opening and closing the trunk of a passenger car, without requiring physical effort from the driver or passengers.
b. Commercial Vehicles: Commercial vehicles, such as delivery vans and trucks, are also common applications for automatic liftgate systems. These systems can help to improve efficiency and reduce the risk of injury or strain for drivers and other workers.
Key Benefits for Industry Participants and Stakeholders:
There are several key benefits for industry participants and stakeholders in the automotive automatic liftgate market. These include:
- Improved convenience: Automatic liftgate systems offer a convenient and easy-to-use solution for opening and closing the tailgate or trunk lid of a vehicle. This can make it easier to load and unload cargo, and can reduce the need for physical effort from the driver or passengers.
- Increased safety: Automatic liftgate systems can help to improve safety by reducing the risk of injury or strain when opening and closing a heavy tailgate or trunk lid. They can also include features such as obstacle detection and automatic closing, which can further improve safety for drivers and passengers.
- Competitive differentiation: Automatic liftgate systems can help to differentiate a vehicle from its competitors, and can offer a unique selling point for manufacturers and dealers.
- Improved efficiency: Automatic liftgate systems can help to improve overall efficiency and reduce emissions, especially when integrated with electric or hybrid powertrain systems.
SWOT Analysis:
A SWOT analysis is a useful tool for evaluating the strengths, weaknesses, opportunities, and threats facing a company or industry. Here is a SWOT analysis for the automotive automatic liftgate market:
Strengths:
- Growing demand for convenience and safety features in vehicles.
- Increasing adoption of electric and hybrid vehicles, which can benefit from automatic liftgate systems.
- Established market players with strong brand recognition and expertise in the automotive industry.
- Continuous innovation and development of advanced features to meet changing consumer preferences.
Weaknesses:
- High cost of automatic liftgate systems, which can limit adoption by price-sensitive consumers.
- Complexity of automatic liftgate systems, which can increase the cost of repair and maintenance.
- Limited availability of automatic liftgate systems in certain vehicle models.
Opportunities:
- Development of more advanced and sophisticated liftgate systems with advanced features such as gesture control, obstacle detection, and automatic closing.
- Expansion into new vehicle segments, such as sedans and hatchbacks.
- Integration of liftgate systems with other vehicle systems, such as the infotainment and driver assistance systems.
Threats:
- Increased competition from other convenience and safety features, such as backup cameras and blind spot detection systems.
- Disruption from new technologies, such as self-driving vehicles, which may not require manual intervention to open and close the trunk or tailgate.
- Regulatory changes that could impact the design and functionality of liftgate systems.
Market Key Trends:
There are several key trends shaping the automotive automatic liftgate market, including:
- Growing demand for hands-free operation: Consumers are increasingly seeking out hands-free solutions for opening and closing the tailgate or trunk lid of their vehicle. Manufacturers are responding by developing advanced features such as gesture control and foot-activated sensors.
- Integration with other vehicle systems: Manufacturers are exploring new opportunities to integrate liftgate systems with other vehicle systems, such as the infotainment and driver assistance systems. This can create new opportunities for functionality and convenience.
- Focus on sustainability: With the rise of electric and hybrid vehicles, manufacturers are investing in the development of liftgate systems that can help to improve overall efficiency and reduce emissions.
Covid-19 Impact:
The Covid-19 pandemic has had a significant impact on the automotive industry as a whole, including the automotive automatic liftgate market. The pandemic has caused disruptions in supply chains, manufacturing operations, and consumer demand.
However, the market for automatic liftgate systems has remained relatively stable, as consumers continue to seek out convenience and safety features in their vehicles. As the global economy recovers from the pandemic, the market is expected to continue its growth trajectory.
Key Industry Developments:
Some of the key industry developments in the automotive automatic liftgate market include:
- Development of advanced features such as gesture control and foot-activated sensors.
- Integration of liftgate systems with other vehicle systems, such as the infotainment and driver assistance systems.
- Expansion into new vehicle segments, such as sedans and hatchbacks.
- Investment in research and development to produce more advanced and sophisticated liftgate systems.
Analyst Suggestions:
Industry analysts suggest that manufacturers should focus on the following strategies to remain competitive in the automotive automatic liftgate market:
- Investment in research and development to produce more advanced and sophisticated liftgate systems.
- Expansion into new vehicle segments, such as sedans and hatchbacks.
- Integration of liftgate systems with other vehicle systems, such as the infotainment and driver assistance systems.
- Emphasis on sustainability and efficiency, to align with the growing demand for eco-friendly vehicles.
Future Outlook:
The global market for automotive automatic liftgates is projected to continue its growth trajectory, driven by increasing demand for convenience and safety features in modern vehicles. Manufacturers will continue to invest in research and development to produce more advanced and sophisticated systems that offer greater functionality and performance.
The market is also expected to benefit from the increasing adoption of electric and hybrid vehicles, which can benefit from liftgate systems that help to improve overall efficiency and reduce emissions. Additionally, the market is expected to expand into new vehicle segments, such as sedans and hatchbacks, as manufacturers look for new opportunities to differentiate their products and gain market share.
However, there are also some challenges facing the market, including the high cost and complexity of automatic liftgate systems. Manufacturers will need to continue to innovate and develop new technologies to address these challenges and remain competitive in the market.
Conclusion:
The automotive automatic liftgate market is a dynamic and rapidly growing segment of the automotive industry. Automatic liftgate systems offer a convenient and easy-to-use solution for opening and closing the tailgate or trunk lid of a vehicle, and are increasingly in demand by consumers seeking out convenience and safety features in their vehicles.
The market is expected to continue its growth trajectory in the coming years, driven by factors such as the increasing adoption of electric and hybrid vehicles, the growing popularity of SUVs and crossovers, and the development of advanced features and technologies.
To remain competitive in the market, manufacturers will need to continue to invest in research and development to produce more advanced and sophisticated systems that offer greater functionality and performance. They will also need to explore new opportunities to differentiate their products and expand into new vehicle segments, while also addressing challenges such as the high cost and complexity of automatic liftgate systems.