he IMARC Group provides extensive analysis of hands-free power liftgate industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on the hands-free power liftgate market analysis report, size, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global hands-free power liftgate market size reached US$ 1.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.9 Billion by 2027, exhibiting a growth rate (CAGR) of 6.06% during 2022-2027.
The hands-free power liftgate represents the back door system that enables the user to open or close the liftgate of the vehicle with a simple kick movement of the foot. It can be activated by waving the foot underneath the rear bumper, between the exhaust pipe and the license plate. The hands-free power liftgate is equipped with a sensor to control its operation through the movement of hands or legs. As a result, original equipment manufacturers (OEMs) are developing these systems according to the convenience of the users.
Hands-Free Power Liftgate Market Trends
The escalating demand for luxury cars across the globe, the rising need to offer enhanced customer convenience and comfort, and the integration of advanced connectivity and features in automobiles are among the primary factors driving the hands-free power liftgate market. Besides this, various technological advancements, including the internet of things (IoT) and artificial intelligence (AI) and the increasing sales of electric and autonomous vehicles across countries, are further augmenting the market growth. Moreover, the leading manufacturers are focusing on providing safe and innovative features, such as hands-free power liftgates in automobiles, which is also catalyzing the global market.
Apart from this, the elevating requirement for these systems, as they have a precise switch locking mechanism and capacitive motion sensors incorporated into the bumper of cars for smart access, is acting as another significant growth-inducing factor. Furthermore, the expanding automotive industry and the growing popularity of commercial vehicles in the logistics and transportation sector are expected to bolster the hands-free power liftgate market in the coming years.
For the competitor segment, the report includes global key players of the hands-free power liftgate Market.
Brose Fahrzeugteile SE Co. KG
Huf Hülsbeck Fürst GmbH Co. KG
Volkswagen AG (Porsche Automobil Holding SE)
and Woodbine Manufacturing Co. Inc.
The report has been segmented the market into following categories:
Breakup by Operating Type:
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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