Automotive Tailgate Market Share, Value, Key Players and Opportunity 2023-2028

Posted on 24 April, 2023 by Joseph Finch

Automotive Tailgate Market Outlook

An automotive tailgate, also known as a hatch, represents a hinged board or door attached at the rear end of the vehicle to provide security to the passengers. It can be moved up or down for loading and unloading of cargo. An automotive tailgate comprises of a rotating latch mechanism, handle, panels, rods, and recesses on the sides. It is used for covering the hinges, lock mechanisms, and electrical wiring of the vehicle. Automotive tailgates are produced utilizing highly functional metals, thermoplastics, polycarbonates, etc., and are widely available in two- and three-layered variants. They are usually operated through hydraulic, power, or manual systems and find applications in commercial and heavy passenger vehicles.

The global automotive tailgate market size reached US$ 13.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.

Automotive Tailgate Market Trends:

The expanding automotive industry is one of the primary factors driving the automotive tailgate market across the globe. Furthermore, the escalating vehicle electrification for enhanced security and operational efficiency is also propelling the product demand. Apart from this, the increasing popularity of autonomous and electric vehicles is acting as another significant growth-inducing factor. Moreover, the rising expenditure capacities and shifting preferences of the consumers towards luxury vehicles are expected to fuel the automotive tailgate market in the coming years. Looking forward,

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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The competitive landscape of the market has also been examined with some of the key players.

• Aisin Corporation
• Autoease Technology
• Go Industries Inc
• Gordon Auto Body Parts Co. Ltd.
• Huf Hülsbeck & Fürst GmbH & Co. KG
• Johnson Electric Holdings Limited
• Magna International Inc.
• Plastic Omnium
• Robert Bosch GmbH
• Woodbine Manufacturing Company.

Key Market Segmentation:

Our report has categorized the market based on type, material, vehicle type, distribution channel and region.

Breakup by Type:

• Hydraulic/Manual Operated
• Power Operated

Breakup by Material:

• Metal
• Plastic
• Others

Breakup by Vehicle Type:

• Passenger Vehicle
• Commercial Vehicle

Breakup by Distribution Channel:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key highlights of the report:                                               

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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