Global Automotive Tailgate Market size was valued at USD 15,306.2 Million in 2024 and is expected to reach USD 27,805.2 Million by 2033, at a CAGR of 5.96% during the forecast period 2024 – 2033.
Automotive Tailgate Market: Overview
The global automotive tailgate market has been steadily growing, driven by various factors influencing consumer preferences and industry trends. Automotive tailgates, which serve as the rear door of vehicles providing access to the cargo area, have evolved beyond mere functionality to include advanced features such as automatic opening/closing mechanisms and integration with entertainment systems for tailgate parties.
This market is predominantly dominated by passenger car tailgates, although there is also significant growth in the light commercial vehicle segment, necessitating strong yet lightweight tailgates to maintain fuel efficiency.
One of the primary drivers of this market is the increasing demand for SUVs and pickup trucks worldwide. These vehicles offer versatility, ample space, and perceived safety, leading to a rising preference among consumers. With SUV production reaching 32.5 million units globally in 2020 and pickup truck production on the rise, particularly in regions like North America and Asia-Pacific, the demand for tailgates is experiencing a parallel surge
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Technological advancements in tailgate systems further propel market growth. Features such as power-operated tailgates, hands-free operation, and integrated sensors for obstacle detection are gaining traction. Stricter safety regulations, like those imposed by Euro NCAP, incentivize automakers to enhance safety features, including those related to tailgates.
However, the high cost associated with advanced tailgate systems poses a significant restraint. Features like power liftgate and integrated cameras increase vehicle costs, deterring price-sensitive buyers. Moreover, limited retrofitting options for older vehicles hinder aftermarket sales of tailgate systems, particularly in regions with a significant population of older vehicles.
Despite these challenges, there are ample opportunities for innovation and growth in the market. Integrating smart connectivity features into tailgate systems, such as smartphone connectivity and remote operation via mobile apps, enhances user convenience and safety. Additionally, focusing on lightweight materials and eco-friendly solutions aligns with consumer preferences for sustainable products while improving fuel efficiency and performance.
CMI has comprehensively analyzed Automotive Tailgate market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict depth scenarios of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Automotive Tailgate industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players which were studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, the Report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, and emerging business models.
List of the prominent players in the Automotive Tailgate Market:
- Magna International Inc.
- Plastic Omnium
- ABC Group Inc.
- Gestamp Automoción
- Hirotec Corporation
- Woodbridge Foam Corporation
- Johnson Electric Holdings Limited
- Huf Hülsbeck & Fürst GmbH & Co. KG
- Martinrea International Inc.
- Montaplast GmbH
- Rochling Automotive
- Samvardhana Motherson Group
- Toyoda Gosei Co. Ltd.
- Flex-N-Gate Corporation
- Murray Corporation
- Faurecia SA
- Rehau AG + Co
- Webasto SE
- Trinseo S.A.
- Kirchhoff Automotive GmbH
- Others
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