PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1559682
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1559682
Global Automotive Power Tailgate System Market to Reach 283.4 Million Units by 2030
The global market for Automotive Power Tailgate System estimated at 140.5 Million Units in the year 2023, is expected to reach 283.4 Million Units by 2030, growing at a CAGR of 10.5% over the analysis period 2023-2030.
The U.S. Market is Estimated at 36.6 Million Units While China is Forecast to Grow at 14.0% CAGR
The Automotive Power Tailgate System market in the U.S. is estimated at 36.6 Million Units in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of 66.3 Million Units by the year 2030 trailing a CAGR of 14.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.2% and 8.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.
Global Automotive Power Tailgate System Market - Key Trends and Drivers Summarized
Why Is the Automotive Power Tailgate System Becoming Essential?
The automotive power tailgate system, once considered a luxury feature, has quickly become an essential component in modern vehicles, particularly in SUVs, crossovers, and premium sedans. This system allows the tailgate to open and close automatically with the push of a button, offering significant convenience for users, especially when their hands are occupied. Over the past few years, the demand for power tailgate systems has surged as automakers strive to enhance vehicle accessibility and user experience. This trend is largely driven by the increasing consumer preference for SUVs and crossovers, which typically have larger and heavier tailgates that can be cumbersome to operate manually. The system’s integration with smart key technology and gesture control features has further boosted its appeal, making it not only a convenience but also a smart, user-friendly feature that enhances the overall appeal of a vehicle.
How Are Technological Advancements Transforming Power Tailgate Systems?
Technological advancements are at the heart of the evolution of automotive power tailgate systems. Modern power tailgates are equipped with advanced sensors, microcontrollers, and actuators that allow for precise and smooth operation. One of the significant innovations in this domain is the development of hands-free tailgate systems, which allow users to open or close the tailgate by simply waving their foot under the rear bumper. This feature has become increasingly popular, particularly among urban consumers who value convenience and efficiency in their daily routines. Furthermore, the integration of power tailgate systems with a vehicle’s central locking and security systems adds an extra layer of safety, preventing unauthorized access. The adoption of lightweight materials in the construction of tailgate mechanisms is another trend gaining traction, as it helps in reducing the overall weight of the vehicle, thereby contributing to improved fuel efficiency. Additionally, the use of electric and electromechanical components is on the rise, offering more reliable and durable performance compared to traditional hydraulic systems.
What Are the Challenges and Opportunities in the Power Tailgate Market?
While the automotive power tailgate system market is poised for growth, it also faces several challenges. The cost of integrating power tailgate systems, particularly in mid-range and economy vehicles, remains a significant barrier. Although prices have gradually decreased due to economies of scale and technological advancements, the system is still considered a premium feature, limiting its widespread adoption. Moreover, the complexity of these systems, involving multiple sensors and electronic components, can lead to potential issues in terms of reliability and maintenance, which may deter some consumers. However, these challenges also present opportunities for innovation and market expansion. For instance, the development of more cost-effective systems could open up new segments in the market, making power tailgates accessible to a broader range of consumers. Additionally, the rising trend of vehicle electrification presents a unique opportunity for the power tailgate market, as electric vehicles (EVs) increasingly integrate advanced, user-friendly features to differentiate themselves in a competitive market.
Why Is the Market for Automotive Power Tailgate Systems Growing Rapidly?
The growth in the automotive power tailgate system market is driven by several factors, including the rising consumer demand for convenience features, the increasing popularity of SUVs and crossovers, and the integration of advanced technologies in vehicles. The shift towards SUVs and crossovers, which often feature larger and heavier tailgates, has created a significant demand for power-operated tailgates that offer ease of use and enhance the overall driving experience. Furthermore, the integration of smart technologies such as gesture control, remote access via smartphone apps, and enhanced safety features has made power tailgates more appealing to tech-savvy consumers. The growing emphasis on vehicle personalization and premium features, particularly in the luxury vehicle segment, is also propelling the market forward. Additionally, the trend of vehicle electrification is influencing the market, as automakers seek to incorporate more electric and automated components, including power tailgates, to enhance the appeal and functionality of EVs. Moreover, regulatory standards aimed at improving vehicle safety and convenience are pushing manufacturers to adopt these systems more widely across different vehicle categories, further accelerating market growth.
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