Automotive Tailgate Market Size, Trends and Insights By Tailgate Type (Liftgate, Swing Gate, Multi-Panel Tailgate, Split Tailgate), By Material (Steel Tailgates, Aluminum Tailgates, Composite Tailgates), By Mechanism (Manual Tailgates, Power Tailgates, Hands-Free Tailgates), By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)), By End-User (OEM (Original Equipment Manufacturer) Segment, Aftermarket Segment), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Magna International Inc.
- Plastic Omnium
- ABC Group Inc.
- Gestamp Automoción
- Hirotec Corporation
- Others
Reports Description
Global Automotive Tailgate Market 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.
An automotive tailgate, simply put, is the rear door of a vehicle that allows access to the cargo area. But it’s more than just a door! The global automotive tailgate market is driven by factors like increasing demand for passenger cars with features like automatic opening and closing mechanisms, and even integration with entertainment systems for tailgate parties.
The market is dominated by passenger car tailgates, but light commercial vehicles are also a growing segment, with a need for strong, lightweight tailgates that can handle cargo without hurting fuel efficiency.
Automotive Tailgate Market: Growth Factors
Increasing Demand for SUVs and Pickup Trucks
The rising popularity of SUVs and pickup trucks globally is a significant driver for the automotive tailgate market. Consumers are increasingly preferring larger vehicles due to their versatility, space, and perceived safety.
According to data from the International Organization of Motor Vehicle Manufacturers (OICA), global SUV production reached 32.5 million units in 2020, marking a steady increase from previous years. Similarly, pickup truck production has been on the rise, particularly in regions like North America and Asia-Pacific.
Technological Advancements in Tailgate Systems
Advancements in automotive technology, particularly in tailgate systems, are driving market growth. Features such as power-operated tailgates, hands-free operation, and integrated sensors for obstacle detection are gaining traction among consumers.
Government regulations aimed at improving vehicle safety and efficiency are also encouraging the adoption of advanced tailgate systems. For instance, the European New Car Assessment Programme (Euro NCAP) has been incorporating more stringent safety criteria, which incentivizes automakers to enhance safety features, including those related to tailgates.
Automotive Tailgate Market: Restraints
High Cost of Advanced Tailgate Systems
One of the primary restraints in the automotive tailgate market is the high cost associated with advanced tailgate systems. Features such as power liftgate, smart sensors, and integrated cameras add to the overall cost of the vehicle, making it less affordable for some consumers.
Additionally, the complexity of these systems increases maintenance and repair costs, further deterring price-sensitive buyers from opting for vehicles equipped with advanced tailgate technologies.
Limited Retrofitting Options for Older Vehicles
Another restraint is the limited retrofitting options for older vehicles. While newer models often come equipped with advanced tailgate features, retrofitting these systems onto older vehicles can be challenging and expensive. This limitation affects aftermarket sales of tailgate systems and restricts market growth to some extent, especially in regions where there is a significant population of older vehicles on the roads.
Automotive Tailgate Market: Opportunities
Integration of Smart Connectivity Features
There is a significant opportunity for automakers to integrate smart connectivity features into tailgate systems. Features such as smartphone connectivity, remote operation via mobile apps, and integration with vehicle telematics systems can enhance user convenience and safety. With the increasing adoption of connected car technology, there is a growing demand for seamless integration between vehicle components, including tailgate systems, opening up opportunities for innovation and differentiation in the market.
Focus on Lightweight Materials and Eco-Friendly Solutions
The automotive industry is increasingly focusing on lightweight materials and eco-friendly solutions to improve fuel efficiency and reduce carbon emissions. This trend presents an opportunity for tailgate manufacturers to develop innovative solutions using materials such as aluminum, carbon fiber, and composite plastics. Lightweight tailgate designs not only contribute to overall vehicle weight reduction but also enhance handling and performance. Moreover, eco-friendly materials align with consumer preferences for sustainable and environmentally conscious products, providing a competitive advantage in the market.
Automotive Tailgate Market: Segmentation Analysis
Global Automotive Tailgate market is segmented by tailgate type, material, mechanism, Vehicle Type and end-user
Based on tailgate type, the Global automotive tailgate market is segmented into Liftgate, Swing Gate, Multi-Panel Tailgate, Split Tailgate. Among all these segments Liftgate held the highest market segment in 2023, due to their convenience, ease of use, and compatibility with various vehicle designs. Multi-panel tailgates offer versatility and enhanced functionality, catering to consumers’ needs for flexible cargo management solutions.
Based on Material, the Global automotive tailgate market is segmented into Steel Tailgates, Aluminum Tailgates, and Composite Tailgates. Among all these segments Aluminum Tailgates held the highest market segment in 2023, due to their lightweight nature, corrosion resistance, and fuel efficiency benefits. Composite tailgates, composed of materials like fiberglass and carbon fiber, are gaining traction due to their durability, design flexibility, and potential for weight reduction.
Based on Mechanism, the Global automotive tailgate market is segmented into Manual Tailgates, Power Tailgates, and Hands-Free Tailgates. Among all these segments Power Tailgates held the highest market segment in 2023. Power tailgates provide convenience and ease of operation, appealing to consumers seeking enhanced vehicle features and automation.
Hands-free tailgates are experiencing rapid growth driven by advancements in sensor technology and consumer demand for hands-free operation, particularly in the context of improving vehicle accessibility and convenience.
Based on Vehicle Type, the Global automotive tailgate market is segmented into Passenger Cars, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs). Among all these segments Passenger Cars held the highest market segment in 2023, due to their widespread use and incorporation of tailgate features as standard or optional equipment.
LCVs are witnessing a surge in demand, driven by e-commerce growth, urbanization, and an increasing need for last-mile delivery solutions, consequently boosting the demand for tailgate-equipped vehicles.
Based on End-User, the Global automotive tailgate market is segmented into OEM (Original Equipment Manufacturer) Segment and Aftermarket Segments. Among all these segments Passenger Cars held the highest market segment in 2023, due to its involvement in integrating tailgate systems into newly manufactured vehicles.
The aftermarket segment is experiencing growth as consumers seek to upgrade or customize their existing vehicles with aftermarket tailgate solutions, driven by factors like customization trends and the desire for enhanced functionality.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 15,306.2 Million |
| Projected Market Size in 2033 | USD 27,805.2 Million |
| Market Size in 2023 | USD 14,500 Million |
| CAGR Growth Rate | 5.96% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Tailgate Type, Material, Mechanism, Vehicle Type, End-User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Automotive Tailgate Market: Regional Analysis
In terms of the leading region, North America stands out. The automotive industry in North America, particularly in the United States, has a long history of innovation and market dominance. Factors such as high disposable income, a robust infrastructure for automotive manufacturing, and a culture that emphasizes vehicle ownership contribute to North America’s prominence in the automotive sector.
Additionally, North America is home to several key automotive manufacturers and suppliers, giving it a competitive edge in terms of technology and market presence. As a result, it’s often the leading region for automotive tailgate sales, benefiting from a mature market and strong consumer demand.
However, when it comes to the fastest-growing region, Asia Pacific takes the spotlight. The Asia Pacific region has been experiencing rapid economic growth, leading to a burgeoning middle class with increasing purchasing power. Countries like China and India have emerged as major automotive markets, driven by urbanization, rising incomes, and a growing appetite for personal transportation.
As a result, Asia Pacific has become a hub for automotive manufacturing and sales, with both domestic and international manufacturers investing heavily in the region. This growth trajectory extends to automotive components like tailgates, as the demand for vehicles equipped with advanced features continues to rise in the region.
Several factors contribute to Asia Pacific’s status as the fastest-growing region in the automotive tailgate market. Firstly, the sheer size of the market presents immense opportunities for expansion. Additionally, government initiatives aimed at promoting the automotive industry, such as incentives for electric vehicles and infrastructure development, further fuel growth.
Moreover, the presence of a highly skilled workforce and a competitive manufacturing ecosystem make the region attractive for investment and production. As a result, Asia Pacific is poised to continue its rapid ascent in the automotive tailgate market, driven by both domestic consumption and export opportunities.
In conclusion, while North America leads the global automotive tailgate market due to its mature industry and strong consumer demand, Asia Pacific emerges as the fastest-growing region, fueled by economic growth, technological advancements, and favorable government policies.
Both regions offer unique opportunities and challenges for automotive manufacturers and suppliers, highlighting the importance of understanding regional dynamics in navigating the global market landscape.
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
These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Automotive Tailgate Market is segmented as follows:
By Tailgate Type
- Liftgate
- Swing Gate
- Multi-Panel Tailgate
- Split Tailgate
By Material
- Steel Tailgates
- Aluminum Tailgates
- Composite Tailgates
By Mechanism
- Manual Tailgates
- Power Tailgates
- Hands-Free Tailgates
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
By End-User
- OEM (Original Equipment Manufacturer) Segment
- Aftermarket Segment
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Automotive Tailgate Market, (2024 – 2033) (USD Million)
- 2.2 Global Automotive Tailgate Market: snapshot
- Chapter 3. Global Automotive Tailgate Market – Industry Analysis
- 3.1 Automotive Tailgate Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Demand for SUVs and Pickup Trucks
- 3.2.2 Technological Advancements in Tailgate Systems
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Tailgate Type
- 3.7.2 Market Attractiveness Analysis By Material
- 3.7.3 Market Attractiveness Analysis By Mechanism
- 3.7.4 Market Attractiveness Analysis By Vehicle Type
- 3.7.5 Market Attractiveness Analysis By End-User
- Chapter 4. Global Automotive Tailgate Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Automotive Tailgate Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Automotive Tailgate Market – Tailgate Type Analysis
- 5.1 Global Automotive Tailgate Market Overview: By Tailgate Type
- 5.1.1 Global Automotive Tailgate Market Share, By Tailgate Type, 2023 and 2033
- 5.2 Liftgate
- 5.2.1 Global Automotive Tailgate Market by Liftgate, 2024 – 2033 (USD Million)
- 5.3 Swing Gate
- 5.3.1 Global Automotive Tailgate Market by Swing Gate, 2024 – 2033 (USD Million)
- 5.4 Multi-Panel Tailgate
- 5.4.1 Global Automotive Tailgate Market by Multi-Panel Tailgate, 2024 – 2033 (USD Million)
- 5.5 Split Tailgate
- 5.5.1 Global Automotive Tailgate Market by Split Tailgate, 2024 – 2033 (USD Million)
- 5.1 Global Automotive Tailgate Market Overview: By Tailgate Type
- Chapter 6. Global Automotive Tailgate Market – Material Analysis
- 6.1 Global Automotive Tailgate Market Overview: By Material
- 6.1.1 Global Automotive Tailgate Market Share, By Material, 2023 and 2033
- 6.2 Steel Tailgates
- 6.2.1 Global Automotive Tailgate Market by Steel Tailgates, 2024 – 2033 (USD Million)
- 6.3 Aluminum Tailgates
- 6.3.1 Global Automotive Tailgate Market by Aluminum Tailgates, 2024 – 2033 (USD Million)
- 6.4 Composite Tailgates
- 6.4.1 Global Automotive Tailgate Market by Composite Tailgates, 2024 – 2033 (USD Million)
- 6.1 Global Automotive Tailgate Market Overview: By Material
- Chapter 7. Global Automotive Tailgate Market – Mechanism Analysis
- 7.1 Global Automotive Tailgate Market Overview: By Mechanism
- 7.1.1 Global Automotive Tailgate Market Share, By Mechanism, 2023 and 2033
- 7.2 Manual Tailgates
- 7.2.1 Global Automotive Tailgate Market by Manual Tailgates, 2024 – 2033 (USD Million)
- 7.3 Power Tailgates
- 7.3.1 Global Automotive Tailgate Market by Power Tailgates, 2024 – 2033 (USD Million)
- 7.4 Hands-Free Tailgates
- 7.4.1 Global Automotive Tailgate Market by Hands-Free Tailgates, 2024 – 2033 (USD Million)
- 7.1 Global Automotive Tailgate Market Overview: By Mechanism
- Chapter 8. Global Automotive Tailgate Market – Vehicle Type Analysis
- 8.1 Global Automotive Tailgate Market Overview: By Vehicle Type
- 8.1.1 Global Automotive Tailgate Market Share, By Vehicle Type, 2023 and 2033
- 8.2 Passenger Cars
- 8.2.1 Global Automotive Tailgate Market by Passenger Cars, 2024 – 2033 (USD Million)
- 8.3 Light Commercial Vehicles (LCVs)
- 8.3.1 Global Automotive Tailgate Market by Light Commercial Vehicles (LCVs), 2024 – 2033 (USD Million)
- 8.4 Heavy Commercial Vehicles (HCVs)
- 8.4.1 Global Automotive Tailgate Market by Heavy Commercial Vehicles (HCVs), 2024 – 2033 (USD Million)
- 8.1 Global Automotive Tailgate Market Overview: By Vehicle Type
- Chapter 9. Global Automotive Tailgate Market – End-User Analysis
- 9.1 Global Automotive Tailgate Market Overview: By End-User
- 9.1.1 Global Automotive Tailgate Market Share, By End-User , 2023 and 2033
- 9.2 OEM (Original Equipment Manufacturer) Segment
- 9.2.1 Global Automotive Tailgate Market by OEM (Original Equipment Manufacturer) Segment, 2024 – 2033 (USD Million)
- 9.3 Aftermarket Segment
- 9.3.1 Global Automotive Tailgate Market by Aftermarket Segment, 2024 – 2033 (USD Million)
- 9.1 Global Automotive Tailgate Market Overview: By End-User
- Chapter 10. Automotive Tailgates Market – Regional Analysis
- 10.1 Global Automotive Tailgates Market Regional Overview
- 10.2 Global Automotive Tailgates Market Share, by Region, 2023 & 2033 (USD Million)
- 10.3. North America
- 10.3.1 North America Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.3.1.1 North America Automotive Tailgates Market, by Country, 2024 – 2033 (USD Million)
- 10.3.1 North America Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.4 North America Automotive Tailgates Market, by Tailgates Type, 2024 – 2033
- 10.4.1 North America Automotive Tailgates Market, by Tailgates Type, 2024 – 2033 (USD Million)
- 10.5 North America Automotive Tailgates Market, by Material, 2024 – 2033
- 10.5.1 North America Automotive Tailgates Market, by Material, 2024 – 2033 (USD Million)
- 10.6 North America Automotive Tailgates Market, by Mechanism, 2024 – 2033
- 10.6.1 North America Automotive Tailgates Market, by Mechanism, 2024 – 2033 (USD Million)
- 10.7 North America Automotive Tailgates Market, by Vehicle Type, 2024 – 2033
- 10.7.1 North America Automotive Tailgates Market, by Vehicle Type, 2024 – 2033 (USD Million)
- 10.8 North America Automotive Tailgates Market, by End-User, 2024 – 2033
- 10.8.1 North America Automotive Tailgates Market, by End-User, 2024 – 2033 (USD Million)
- 10.9. Europe
- 10.9.1 Europe Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.9.1.1 Europe Automotive Tailgates Market, by Country, 2024 – 2033 (USD Million)
- 10.9.1 Europe Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.10 Europe Automotive Tailgates Market, by Tailgates Type, 2024 – 2033
- 10.10.1 Europe Automotive Tailgates Market, by Tailgates Type, 2024 – 2033 (USD Million)
- 10.11 Europe Automotive Tailgates Market, by Material, 2024 – 2033
- 10.11.1 Europe Automotive Tailgates Market, by Material, 2024 – 2033 (USD Million)
- 10.12 Europe Automotive Tailgates Market, by Mechanism, 2024 – 2033
- 10.12.1 Europe Automotive Tailgates Market, by Mechanism, 2024 – 2033 (USD Million)
- 10.13 Europe Automotive Tailgates Market, by Vehicle Type, 2024 – 2033
- 10.13.1 Europe Automotive Tailgates Market, by Vehicle Type, 2024 – 2033 (USD Million)
- 10.14 Europe Automotive Tailgates Market, by End-User, 2024 – 2033
- 10.14.1 Europe Automotive Tailgates Market, by End-User, 2024 – 2033 (USD Million)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.15.1.1 Asia Pacific Automotive Tailgates Market, by Country, 2024 – 2033 (USD Million)
- 10.15.1 Asia Pacific Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.16 Asia Pacific Automotive Tailgates Market, by Tailgates Type, 2024 – 2033
- 10.16.1 Asia Pacific Automotive Tailgates Market, by Tailgates Type, 2024 – 2033 (USD Million)
- 10.17 Asia Pacific Automotive Tailgates Market, by Material, 2024 – 2033
- 10.17.1 Asia Pacific Automotive Tailgates Market, by Material, 2024 – 2033 (USD Million)
- 10.18 Asia Pacific Automotive Tailgates Market, by Mechanism, 2024 – 2033
- 10.18.1 Asia Pacific Automotive Tailgates Market, by Mechanism, 2024 – 2033 (USD Million)
- 10.19 Asia Pacific Automotive Tailgates Market, by Vehicle Type, 2024 – 2033
- 10.19.1 Asia Pacific Automotive Tailgates Market, by Vehicle Type, 2024 – 2033 (USD Million)
- 10.20 Asia Pacific Automotive Tailgates Market, by End-User, 2024 – 2033
- 10.20.1 Asia Pacific Automotive Tailgates Market, by End-User, 2024 – 2033 (USD Million)
- 10.21. Latin America
- 10.21.1 Latin America Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.21.1.1 Latin America Automotive Tailgates Market, by Country, 2024 – 2033 (USD Million)
- 10.21.1 Latin America Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.22 Latin America Automotive Tailgates Market, by Tailgates Type, 2024 – 2033
- 10.22.1 Latin America Automotive Tailgates Market, by Tailgates Type, 2024 – 2033 (USD Million)
- 10.23 Latin America Automotive Tailgates Market, by Material, 2024 – 2033
- 10.23.1 Latin America Automotive Tailgates Market, by Material, 2024 – 2033 (USD Million)
- 10.24 Latin America Automotive Tailgates Market, by Mechanism, 2024 – 2033
- 10.24.1 Latin America Automotive Tailgates Market, by Mechanism, 2024 – 2033 (USD Million)
- 10.25 Latin America Automotive Tailgates Market, by Vehicle Type, 2024 – 2033
- 10.25.1 Latin America Automotive Tailgates Market, by Vehicle Type, 2024 – 2033 (USD Million)
- 10.26 Latin America Automotive Tailgates Market, by End-User, 2024 – 2033
- 10.26.1 Latin America Automotive Tailgates Market, by End-User, 2024 – 2033 (USD Million)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.27.1.1 The Middle-East and Africa Automotive Tailgates Market, by Country, 2024 – 2033 (USD Million)
- 10.27.1 The Middle-East and Africa Automotive Tailgates Market, 2024 – 2033 (USD Million)
- 10.28 The Middle-East and Africa Automotive Tailgates Market, by Tailgates Type, 2024 – 2033
- 10.28.1 The Middle-East and Africa Automotive Tailgates Market, by Tailgates Type, 2024 – 2033 (USD Million)
- 10.29 The Middle-East and Africa Automotive Tailgates Market, by Material, 2024 – 2033
- 10.29.1 The Middle-East and Africa Automotive Tailgates Market, by Material, 2024 – 2033 (USD Million)
- 10.30 The Middle-East and Africa Automotive Tailgates Market, by Mechanism, 2024 – 2033
- 10.30.1 The Middle-East and Africa Automotive Tailgates Market, by Mechanism, 2024 – 2033 (USD Million)
- 10.31 The Middle-East and Africa Automotive Tailgates Market, by Vehicle Type, 2024 – 2033
- 10.31.1 The Middle-East and Africa Automotive Tailgates Market, by Vehicle Type, 2024 – 2033 (USD Million)
- 10.32 The Middle-East and Africa Automotive Tailgates Market, by End-User, 2024 – 2033
- 10.32.1 The Middle-East and Africa Automotive Tailgates Market, by End-User, 2024 – 2033 (USD Million)
- Chapter 11. Company Profiles
- 11.1 Magna International Inc.
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Plastic Omnium
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 ABC Group Inc.
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Gestamp Automoción
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Hirotec Corporation
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Woodbridge Foam Corporation
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 Johnson Electric Holdings Limited
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Huf Hülsbeck & Fürst GmbH & Co. KG
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Martinrea International Inc.
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 Montaplast GmbH
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 Rochling Automotive
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Samvardhana Motherson Group
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 Toyoda Gosei Co. Ltd.
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 Flex-N-Gate Corporation
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 Murray Corporation
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Faurecia SA
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.17 Rehau AG + Co
- 11.17.1 Overview
- 11.17.2 Financials
- 11.17.3 Product Portfolio
- 11.17.4 Business Strategy
- 11.17.5 Recent Developments
- 11.18 Webasto SE
- 11.18.1 Overview
- 11.18.2 Financials
- 11.18.3 Product Portfolio
- 11.18.4 Business Strategy
- 11.18.5 Recent Developments
- 11.19 Trinseo S.A.
- 11.19.1 Overview
- 11.19.2 Financials
- 11.19.3 Product Portfolio
- 11.19.4 Business Strategy
- 11.19.5 Recent Developments
- 11.20 Kirchhoff Automotive GmbH
- 11.20.1 Overview
- 11.20.2 Financials
- 11.20.3 Product Portfolio
- 11.20.4 Business Strategy
- 11.20.5 Recent Developments
- 11.21 Others.
- 11.21.1 Overview
- 11.21.2 Financials
- 11.21.3 Product Portfolio
- 11.21.4 Business Strategy
- 11.21.5 Recent Developments
- 11.1 Magna International Inc.
List Of Figures
Figures No 1 to 35
List Of Tables
Tables No 1 to 127
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
|
|
Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
|
Prominent Player
- 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
FAQs
The High Cost of Advanced Tailgate Systems is major restraint in global Automotive Tailgate market.
Increasing Demand for SUVs and Pickup Trucks is major driver in global Automotive Tailgate market.
The “Liftgate” category dominated the market in 2023.
The key players in the market are 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.
“North America” had the largest share in the Automotive Tailgate Market.
The global market is projected to grow at a CAGR of 5.96% during the forecast period, 2024-2033.
The Automotive Tailgate Market size was valued at USD 15,306.2 Million in 2024.
PURCHASE OPTIONS
What You Get :
- PDF Report Format.
- Can be accessible by 1 single user.
- Free 25% or 40 hours of customisation.
- Free post-sale service assistance.
- 15% discount on your next purchase.
- Dedicated account Associate .
- Permission to print the report.
- Service guarantee available.
- PDF and Excel Datasheet Formats.
- Can be accessible upto 2 to 5 users.
- Free 35% or 60 hours of customisation.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantee available.
- Personalised market brief by author.
- Permission to print the report.
- Report in your Language.
- PDF, Excel and Power Point.
- Can be accessible by unlimited users.
- Free 40% or 80 hours of customisation.
- Free post-sale service assistance.
- 30% discount on your next purchase.
- Permission to print the report.
- Dedicated account manager.
- Service guarantee available.
- Report in your Language.
- Excel Datasheet Format.
- Customized access as per user request.
- Upgradable to other licenses.
- 15% discount on your next purchase.
- Free 20% or 10 hours of customisation.
- PDF, Excel, Power Point and Power BI.
- Every Year Free Update ( Apr – Apr)
- Personalized market brief by author
- Can be accessible by unlimited users.
- Free 50% or 90 hours of customization.
- Up to 50 Company Profiles
- Free post-sale service assistance with guarantee
- 40% discount on your next purchase.
- Permission to print the report.
- Dedicated account team.
- Service guarantee available.
- Report in your Language.