Hands-free power liftgate market is anticipated to grow at a significant CAGR of 8.1% during the forecast period. One of the crucial factors that are fueling the market is the growing technology and its demands. Technology has been growing exponentially over the years, and in the past few years, competitiveness in the market has fuelled traction of customers. Market players in the vehicle industries, which were once given only basic features, are offering advanced features such as ADAS (Advance Driver Assistance System), sunroof, navigation, a hands-free power liftgate, and others. Hand-free power liftgate has become a very necessary and useful feature in vehicles the demand has increased and is anticipated to grow in the upcoming years. For instance, in June 2021, Tata updated its Nexon EV with several features including a hands-free tailgate.
The global hands-free power liftgate market is segmented based on the vehicle type and type. Based on the vehicle type, the market is segmented into passenger vehicles and commercial vehicles. Based on the type, the market is sub-segmented into fully automatic, and semi-automatic. Based on vehicle type, passenger vehicles is expected to cater prominent market share, owing to rapidly surging demand for the while based on type, semi-automatic has the major market share.
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Hands-free Power Liftgate Market Segmentation
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
By Type
- Fully Automatic
- Semi-Automatic
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Brose Fahrzeugteile SE & Co. KG
- Hi-Lex Corp.
- Magna International Inc.
- Stabilus GmbH
- Woodbine Manufacturing Co. Inc. (Tommy Gate)
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