Hand-Free Power Liftgate Trends and Forecast
The future of the global hand-free power liftgate market looks promising with opportunities in the passenger car and commercial vehicle markets. The global hand-free power liftgate market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are increasing demand for luxury vehicles, rising need for better consumer comfort and convenience, as well as for automobiles to integrate technological technologies and connection.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hand-Free Power Liftgate by Segment
The study includes a forecast for the global hand-free power liftgate by vehicle type, propulsion, sale channel, and region.
Hand-Free Power Liftgate Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Cars
• Commercial Vehicles
Hand-Free Power Liftgate Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]:
• Gasoline
• Diesel
• Electric
Hand-Free Power Liftgate Market by Sale Channel [Shipment Analysis by Value from 2018 to 2030]:
• Original Equipment Manufacturer
• Aftermarket
Hand-Free Power Liftgate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hand-Free Power Liftgate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hand-free power liftgate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hand-free power liftgate companies profiled in this report include-
• Aisin
• Autoease Technology
• Brose Fahrzeugteile
• Continental
• Hi-Lex
• Huf Hulsbeck & Furst
• Johnson Holdings
• Magna
• Stabilus
• Woodbine Manufacturing
Hand-Free Power Liftgate Market Insights
Lucintel forecasts that aftermarket is expected to witness the highest growth over the forecast period.
Within this market, passenger cars is expected to witness the higher growth.
North America will remain the largest region over the forecast period due to continuous technological development in the area and the existence of well-known industry leaders.
Features of the Global Hand-Free Power Liftgate Market
Market Size Estimates: Hand-free power liftgate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hand-free power liftgate market size by vehicle type, propulsion, sale channel, and region in terms of value ($B).
Regional Analysis: Hand-free power liftgate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vehicle type, propulsion, sale channel, and regions for the hand-free power liftgate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hand-free power liftgate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hand-free power liftgate market size?
Answer: The global hand-free power liftgate market is expected to reach an estimated $1.8 billion by 2030.
Q2. What is the growth forecast for hand-free power liftgate market?
Answer: The global hand-free power liftgate market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hand-free power liftgate market?
Answer: The major drivers for this market are increasing demand for luxury vehicles, rising need for better consumer comfort and convenience, as well as for automobiles to integrate technological technologies and connection.
Q4. What are the major segments for hand-free power liftgate market?
Answer: The future of the global hand-free power liftgate market looks promising with opportunities in the passenger car and commercial vehicle markets.
Q5. Who are the key hand-free power liftgate market companies?
Answer: Some of the key hand-free power liftgate companies are as follows:
• Aisin
• Autoease Technology
• Brose Fahrzeugteile
• Continental
• Hi-Lex
• Huf Hulsbeck & Furst
• Johnson Holdings
• Magna
• Stabilus
• Woodbine Manufacturing
Q6. Which hand-free power liftgate market segment will be the largest in future?
Answer: Lucintel forecasts that aftermarket is expected to witness the highest growth over the forecast period.
Q7. In hand-free power liftgate market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to continuous technological development in the area and the existence of well-known industry leaders.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hand-free power liftgate market by vehicle type (passenger cars and commercial vehicles), propulsion (gasoline, diesel, and electric), sale channel (original equipment manufacturer and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hand-Free Power Liftgate Market, Hand-Free Power Liftgate Market Size, Hand-Free Power Liftgate Market Growth, Hand-Free Power Liftgate Market Analysis, Hand-Free Power Liftgate Market Report, Hand-Free Power Liftgate Market Share, Hand-Free Power Liftgate Market Trends, Hand-Free Power Liftgate Market Forecast, Hand-Free Power Liftgate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.