Automotive Power Lift gate Market: Current Analysis and Forecast (2021-2027)

Electromechanical devices that control back doors in passenger cars and commercial vehicles are known as power liftgates. In the automotive industry, recent advancements in electric locks, torque cables, direct units, and touch sensors have boosted adoption rates. Long-term market prospects are likely to be boosted by the ongoing transition to electric automobiles and other autonomous and semi-autonomous technology in vehicles for user convenience. The rising global market for luxury automobiles, owing to rising consumer expenditure, is also likely to propel the industry throughout the forecast period. Consumer need for a more comfortable and reliable driving experience is projected to increase the demand for a power liftgate. The rising population in high and low-income, dense cities will create new demand for technologically advanced vehicles with all new safety and automated features to serve customer better. The demand for luxury vehicles will also see a rise as high-income group population increases in future. All these factors will create demand for automotive power liftgate industry, as it would further add new convenience feature for the customer which is more in demand for luxury vehicles.

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detailed secondary study was conducted to obtain the historical market size of the Automotive Power Liftgate Market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Automotive Power Liftgate, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report are by system type, vehicle type, material type, and sales channel. Further regional & country-level analyses were conducted to evaluate the overall adoption of the Automotive Power Liftgate Market in the global context.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size. Further, we conducted factor analysis using dependent and independent variables such as growing government incentives and demand for eco-friendly transportations etc. Historical trends and their year-on-year impact on the market size and share was analyzed. Demand and supply side scenario was also thoroughly studied.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Market, and market shares of the segments and company. All the required percentage split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of value (US$) and the adoption rate of Automotive Power Liftgate across the major markets


• All percentage shares, splits, and breakdowns of market segments and sub-segments


• Key players in the Automotive Power Liftgate Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major countries. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Automotive Power Liftgate market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of mode, battery type, application, and region. 

The main objective of the Automotive Power Liftgate Market Study

The current & future market trends of Automotive Power Liftgate were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a regional & country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of Automotive Power Liftgate in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments


• Segments in the study include type, application, and vehicle


• Defined analysis of the regulatory framework for the Global Automotive Power Liftgate industry


• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry


• Analyze the current and forecast market size of the Automotive Power Liftgate for the major regions & countries


• Major regions studied in the report include North America (US, Canada, Rest of North America), Europe (Germany, United Kingdom, France, Italy, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), and Rest of World


• Company profiles of the Automotive Power Liftgate Market players and the growth strategies adopted by them to sustain in the fast-growing market


• Deep dive regional & country level analysis of the industry