A hydraulic device that automatically operates and assists the tailgate in opening and closing is known as an automotive liftgate. The liftgate assembly in a car is controlled by a button on the dashboard. In addition, a sensor attached to the rear bottom of the car’s bumper can be used to open and close the automotive liftgate with simple gestures. For closing and opening the tailgate, an automotive liftgate consists of a mechatronic assembly that includes electric latches, carrier components, and occlusions.
The Dynamics of the Automotive Liftgate Market
In the coming years, the rising demand for SUVs in the global market will be a major driver for the automotive liftgate market. Because of the increased production of vehicles in the coming years, significant growth of the automobile industries is stimulating the growth of the automotive liftgate over the forecast period. In addition, the government’s strict regulations for reducing car weight have boosted demand for lightweight automotive liftgates.
Over the forecast period, these factors will propel the automotive liftgate market to significant growth. In addition, the growing demand for automotive liftgates in the automotive world will propel the global automotive liftgate market to rapid growth over the forecast period. Over the forecast period, the increase in manufacturing activities in developing countries such as India and China will create a large opportunity for automotive liftgate in these countries. The global market for automotive liftgates may be hampered by high prices and high shipping costs.
Regional Overview of the Automotive Liftgate Market
North America, Latin America, Europe, APEJ, and Japan are the five regions that make up the global liftgate market. APEJ is expected to contribute brisk growth to the global automotive liftgate market, owing to the high production share of SUVs, which is driving the market. The APEJ market for automotive liftgates is dominated by China. In the forecast period, India will be the growth engine, with numerous opportunities for the automotive industry.
Europe is the second-largest market for automotive liftgates, and it is expected to remain so in the future. With the highest annual vehicle production, Germany is a major market for automotive liftgates. In the global automotive liftgate market, France and Russia will also see significant growth. With the United States as the leading contributor, North America will have a sizable market for automotive liftgates. With an increasing number of automotive plants, Mexico is expected to see increased demand for automotive liftgates over the forecast period.