Automotive Liftgate Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Italy, Russia, China, Japan, India, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
Report ID: GMI2046
Automotive Liftgate Market size will foresee substantial growth due to high usage of product in automobile industry. It is a major element of all the van, minivan, trucks and cross over automobiles to protect, load and unload cargo from falling and safety of vehicle.
Increasing demand for SUV’s has positively influenced automotive liftgate market. Higher ground clearance, softer ride, increasing off road capacity and higher seating position has accelerated the product demand. SUV is a combination of car, power and functionality of utility vehicle, it offers more space, comfortable seats and attractive appearance. Diverse features and various characteristics drives the demand for SUV in the automobile sector.
High usage in carrying goods & materials and providing door to door services are some of the factor that drives automotive lift gate. Trucks can carry huge amount of cargo in any form, numerous sizes and shapes of vehicle has given flexibility. Growing advantages of truck usage has uplifted its demand and consumption in different industries.
Transportation infrastructure investment is projected to rise at over 4% in near future, efficient connectivity and flexibility in mobilization has drove the demand. Road will remain biggest investment area in the forecast time, this is due to rise in propensity and vehicle ownership in all the countries. Urbanization, digitalization and trend towards larger fleets has surged demand for heavy vehicles therefore positively influenced automotive liftgate market.
Various disadvantages of using truck such as expensive for long hauls and bulky commodities. It is highly affected by the climatic condition and restrictions imposed by states regarding size and weight of the cargo. Other factor hindering the growth of automotive liftgate market is road transportation. Frequent accidents, inadequate roads, heavy taxes, poor maintenance of roads and rising price of petrol and diesel.
Automotive Liftgate Market is available in two types including, metals and composites material. Composites accounts for higher market share due to its light weight property. Based on its types they are bifurcated into conventional, rail type, side loader and tuck away. Convectional gateways are most functional due to its high storage capacity and light weight. They are used in various applications such as trucks, SUV, van and minivan.
Growing demand for commercial vehicle has boosted automotive liftgate market in Asia Pacific. Japan and Switzerland have most efficient road transport infrastructure. Advance technology, road connectivity and infrastructure are several factors that drives demand for this region.
Europe is highly flourishing region for the product, it manufacturers highest number of trucks in the world. It hosts many big truck manufacturing companies such as Mercedes, Invesco and Grebe. Its focus in on manufacturing superior quality product that are efficient, secure and environment friendly. With increasing demand and manufacturing of trucks, automotive liftgate market is simultaneously growing.
North America dominated by the U.S. produces largest number of SUV’s worldwide. SUV’s are considered light trucks in the country, they are regulated less strictly. Light trucks in the region is highly used for carrying goods and heavy commodities. Rising demand and investment on SUV’s has propelled growth of automotive liftgate market.
Key manufacturers in automotive liftgate market are HIAB, Says Group, Pal finger, Zero, Fiat Chrysler, General Motors Company, Magna International, Plastic Omnia Group, Toyota Corporation and Honda Motor Company. HIAB expands customer service centers in Israel in 2016. Objective of expansion was to boost a brand-new installation workshop and separate customer service center. Their focus was to offer increased capacity, efficiency, and a better customer focus to service clients in a business that is growing rapidly. Customer fulfilment and expanding global footprint is the focus for the company.
What Information does this report contain?
Request for Customization
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Why Global Market Insights?Comprehensive Research
- All-inclusive coverage
- In-depth and granular data (ex: information for 8 to 15 countries, with clients open to add to this list, in each report)
- Penetrative insights & latest trends
- Offers holistic understanding of the market
- Unique methodology
- Iterative in nature to eliminate errors
- Detailed methodology, scope, assumptions and data sources available for reference
- Committed to making a positive difference for our clients
- Given the nature of this industry, we are committed to ensure that our clients get maximum return on their investment in our services
- Every purchase comes with an option to obtain additional information:
- up to 10% of the original cost
- 45-minute analyst tele-call to obtain further clarity on the market.
- Global Market Insights, Inc. strictly adheres to PCI-DSS security norms.
- Only PCI-DSS compliant payment methods used for highest level of client data security
Connect with our sales team