Smart Tailgate Market Size - By Offering, By Vehicle, By Mechanism, Growth Forecast 2025 – 2034
Report ID: GMI12885
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Published Date: December 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 200
Countries covered: 21
Pages: 180
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Smart Tailgate Market Size
The global smart tailgate market size was valued at USD 4.1 billion in 2024 and is estimated to register a CAGR of 8.5% between 2025 and 2034. Dynamic growth is predicted from the growing social needs for enhanced in-vehicle automation features and convenience. As the user interface becomes increasingly vital, never-before-seen automotive technologies are being installed by automotive producers in their vehicles. Smart technologies such as powered opening/closing tailgates, coupled with motion application, assist in sweat-free access and maneuvers of the vehicle’s trunk. These technologies enhance usability for users who have their hands full, as they enable hands-free access.
According to stats from Statista, it is estimated that the market for luxury cars will reach USD 23,770 million by 2024. From 2024 to 2029, revenue is predicted to grow on average yearly by a rate as high as 17.89%, which will bring the number to USD 54,130 million by the end of 2029. Moreover, increased sales of larger crossover vehicles and SUVs have increased the demand for smart tailgate systems.
The smart tailgate industry is also being propelled by the expansion of vehicle safety and security features. The safety and security of vehicles have turned into vital considerations when buying modern vehicles, hence introducing features such as smart tailgates. These systems provide more comfort and safety while loading and unloading cargo. In addition, many models of smart tailgates have sensors that can identify objects behind the vehicle to prevent accidental injury or damage when the tailgate is being opened and closed.
Smart Tailgate Market Trends
The automobile industry faces harsh environmental regulations; therefore, automakers are developing features that can enhance vehicle efficiency. Smart tailgate systems are capable of lessening the work needed to lift and shut the tailgate, which could increase the energy effectiveness of strong emerging car models including electric and hybrid models. Additionally, the use of lightweight materials and more energy-efficient functions in many smart tailgates reduces the weight of motor vehicles, thereby improving fuel economy. Also, the market for smart tailgates is sustained by the continuously growing consumer interest in advanced energy-efficient vehicle features.
One prominent drawback for the smart tailgate market is the high cost that comes with integration. The integration of smart tailgates necessitates the use of cutting-edge technologies, including but not limited to motors, sensors, actuators, and software, which significantly raises the overall cost of the vehicle. Therefore, the automakers are unable to produce vehicles at a reasonable price.
Consequently, the increased production prices may be conferred to the final customers. This restrains the use of smart tailgate systems in all markets, especially the lower economies and poorer vehicle segments. This delay could hinder the future of Smart Gate Technology, especially in locations where the focus is on value rather than advanced features, as it will limit its reach.
Smart Tailgate Market Analysis
Based on offering, the market is divided into manual, powered, and hands-free. In 2024, the powered segment held a market share of over 50% and is expected to cross USD 4 billion by 2034.
Based on mechanism, the smart tailgate market is categorized into electrical, hydraulic, and pneumatic. The electrical segment held a market share of around 56% in 2024.
U.S. dominated the North America smart tailgate market with a major share of around 80% in 2024.
Smart Tailgate Market Share
Magna and Bosch hold a market share of around 15% in the smart tailgate industry.
Smart Tailgate Market Companies
Major players operating in the smart tailgate industry include:
The smart tailgate market is highly competitive, with numerous firms focusing on innovations and technology improvements while also looking to better integrate vehicles. The products being developed are not solely focusing on the demands of the customers, which is why many more solutions are being catered to. The demand for these smart tailgates appears to be high among OEMs for traffic cars, commercial cars, and even for recreational vehicles.
The upsurge of the industry is dependent on the direction of new-age sensor technology, gesture control features, and the growth of IoT integration. A product’s efficiency is also heavily dependent upon its lifetime. All companies equally focus on all the facets – the results they want the product to deliver and the conditions it will be exposed to. There is a growing trend toward the increase in the number of EVs, which has led to developing further enhanced Smart Tail Appliances that are lightweight and energy-efficient to increase competitiveness in the market.
Smart Tailgate Industry News
The smart tailgate market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and shipment (units) from 2021 to 2034, for the following segments:
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Market, By Offering
Market, By Vehicle
Market, By Mechanism
The above information is provided for the following regions and countries: