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Automotive Power Liftgate Market By Vehicle Type (Hatchback, SUV, and Others), By Material Type (Metal Liftgates, Composite Liftgates) and By Manufacturing Process Type (Stamping, Compression Molding, and Injection Molding): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026
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Automotive Power Liftgate Market
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Industry Insights
[215+ Pages PDF Report] Global Automotive Power Liftgate market was approximately USD 1288.9 Million in 2019 and is anticipated to reach around USD 1881.1 Million by 2026, at a CAGR of 5.0% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the automotive power liftgate industry. The report analyzes and declares the historical and current trends analysis of the automotive power liftgate industry and subsequently recommends the projected trends anticipated to be observed in the automotive power liftgate market during the upcoming years.
The automotive power liftgate market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire automotive power liftgate market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the automotive power liftgate industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the automotive power liftgate industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the automotive power liftgate market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the automotive power liftgate industry. The automotive power liftgate market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the automotive power liftgate sector. Key strategic developments in the automotive power liftgate market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the automotive power liftgate market are appropriately highlighted in the report.
The rise in urbanization and globalization in developing countries like India, China, Indonesia, and China has raised the per capita income of individuals. As a result, it led individuals to live a standard quality life which ultimately increased the number of vehicle production in these areas. In addition, preference for lightweight lift gates to minimize the total vehicle weight to meet stringent government regulations, such as CAFÉ Requirements, are major drivers for the growth of the market. However, factor such as high cost of modification and signaling mechanism deterioration is anticipated to impede market development. Furthermore, rising focus towards research and developments in the automotive field will provide a huge opportunity for the players operating in the automotive power liftgate market.
The automotive power liftgate market research report delivers an acute valuation and taxonomy of the automotive power liftgate industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the automotive power liftgate industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the automotive power liftgate industry is provided for the leading economies of the world.
The automotive power liftgate market is segmented based on vehicle type, material type, and manufacturing process. The global automotive liftgate market is segmented based on vehicle type as hatchback, SUV, and others. The global automotive liftgate market is fragmented into metal and composites in terms of based on material type. The global automotive liftgate market is further segmented based on the manufacturing process as stamping, injection molding, and compression molding.
Some of the essential players operating in the automotive power liftgate market, but not restricted to include South Korea, Mexico, Germany, Canada, the U.S., UK, France, Kuwait, China, Italy, India, Japan, UAE, Egypt, Brazil, and South Africa among others.
The taxonomy of the automotive power liftgate market by its scope and segmentation is as follows:
Global Automotive Power Liftgate Market: By Vehicle Type Segmentation Analysis
- Hatchback
- SUV
- Others
Global Automotive Power Liftgate Market: By Material Type Segmentation Analysis
- Metal Liftgates
- Composite Liftgates
Global Automotive Power Liftgate Market: By Manufacturing Process Type Segmentation Analysis
- Stamping
- Compression Molding
- Injection Molding
Global Automotive Power Liftgate Market: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- 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
Covid-19
Automotive Power Liftgate Market
The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample
Table of Content
Covid-19
Automotive Power Liftgate Market
The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample
Key Insights from Primary Research
- As per our primary respondents, the global automotive power liftgate market is set to grow annually at a rate of around 5.0%
- It was established through primary research that the automotive power liftgate market was valued at around USD 1288.9 Million in 2019.
- Asia Pacific region is presently dominating the market among all the regions
- On basis of the vehicle type segment, the ‘SUV’ segment dominated the global automotive power liftgate market in 2019.
- Based on the ‘manufacturing process type’ segment, the stamping process segment is leading the global automotive power liftgate market.
Key Recommendations from Analysts
- As per our analysts, the global automotive power liftgate market is expected to reach around USD 1881.1 Million by 2026.
- Our team of analysts has identified, that increase in the number of production of both commercial and passenger vehicles is driving the global automotive power liftgate market.
- The team has analyzed that growing preference towards light vehicles will lead the global automotive power liftgate market in future years.
- In future years ahead, Asia Pacific is anticipated to be the fastest-growing region for the automotive power liftgate market.
- The team has analyzed the growing preferences of advanced features in vehicles that will fuel the market demand in the coming years.
Covid-19
Automotive Power Liftgate Market
The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample
Industry Major Market Players
- General Motors
- Toyota Motor Corporation
- Magna International
- Plastic Omnium
Frequently Asked Questions
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