Automotive Tailgate Market, By Type (Manual, Electric Power Operated, and Hydraulic), By Vehicle Typ

Published Date: | Report Code : AT1942517

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The Automotive Tailgate Market growth is expected to gain high momentum during the forecast period due to the growing purchasing power of consumers.

Increasing demand for automotive is fueling the demand for automotive tailgates. A tailgate is a complex part that is on the rear door of a car. It has various mechanisms, such as hinges, locks, and wiring.

Segment Analysis:

Based on type, the market has been divided into manual, electric power-operated, and hydraulic. Electric power operated is preferred by OEMs over others, as it is more efficient and does not require any human intervention.

Based on vehicle type, the market has been divided into passenger and commercial. The passenger vehicles include hatchback, sedans, and utility vehicles while commercial vehicles include buses, LCV and HCVs. The demand for the tailgate is high for passenger vehicles as compared to commercial vehicles. Moreover, the demand for utility vehicles is higher due to their various advantages, such as off-road drivability, etc.

Based on the sales channel, the market has been segmented into OEMs and aftermarkets. OEMs are the most dominant segment, as OEMs provide a better quality of the product in comparison with the aftermarket.

Key Factors Impacting Market Growth:

  • The growing purchasing power of consumers
  • Easily available finance schemes

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive tailgate market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive tailgate market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive tailgate market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the automotive tailgate market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive tailgate market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Magna International Inc., Robert Bosch GmbH, Plastic Omnium, SEOYON E-HWA, Rockland Manufacturing Company, Huf Hülsbeck & Fürst GmbH & Co. KG, Woodbine Manufacturing Co. Inc., and Go Industries, Inc.

Market Segmentation:

By Type:

  • Manual
  • Electric Power Operated
  • Hydraulic

By Vehicle Type:

  • Passenger
    • Hatchback
    • Sedan
    • Utility Vehicles
  • Commercial
    • Buses
    • LCV
    • HCV

By Sales Channel:

  • OEMs
  • Aftermarket

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Vehicle Type
    • By Sales Channel
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Vehicle Type
    • By Sales Channel
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Vehicle Type
    • By Sales Channel
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Vehicle Type
    • By Sales Channel
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Vehicle Type
    • By Sales Channel
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Vehicle Type
    • By Sales Channel

Reasons to Buy This Report:

  • Market size estimation of the global automotive tailgate market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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