Global Power Liftgate Market
Retail and Wholesale

Strategic Growth Drivers Shaping the Power Liftgate Market Outlook 2025- 2034: Electric Vehicle Adoption Fuels Power Liftgate Market Growth

Discover trends, market shifts, and competitive outlooks for the power liftgate industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Estimated Market Size of the Power Liftgate Market In 2029?

The market size for power liftgates has seen considerable expansion in recent years. It is predicted to rise from a value of $3.08 billion in 2024 to $3.44 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 11.7%. The notable growth in the past years has been due to factors such as consumer demand, safety worries, trends in luxury vehicles, and regulatory criteria.

In the upcoming years, the power liftgate market is anticipated to experience a substantial expansion. With a 12.0% Compound Annual Growth Rate (CAGR), the market valuation is predicted to reach $5.42 billion in 2029. The increasing popularity of electric vehicles and smart connectivity are central factors driving this surge during the forecast period. Key market trends during this period will likely involve customization trends, the introduction of innovative materials and designs, as well as market expansion.

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Which Factors and External Forces Are Driving Demand in the Power Liftgate Market?

The surge in electric vehicle utilization is anticipated to stimulate demand in the power liftgate market. Electric vehicles, which employ one or more electric motors for propulsion, frequently use power liftgates. The infusion of technology into the automotive industry has brought about a myriad of technological evolutions to its components. One such evolution that has amplified the utility of the powered tailgate is its hands-free operation. With the escalating reliance on auto-operated components like power liftgates in electric vehicles, the growing adoption of these vehicles is primed to fuel further demand for power liftgates. For example, the International Energy Agency, an independent intergovernmental organization based in France, reported a rise in electric car sales by 3.5 million from 2022 to 2023, marking a 35% year-on-year increase. Thus, the growth in electric vehicle adoption is projected to catalyze the expansion of the power liftgate market.

Which Segments in the Power Liftgate Offer the Most Growth?

The power liftgate market covered in this report is segmented –

1) By System Type: Hands-Free, Conventional

2) By Type: Passenger Vehicle, Commercial Vehicle

3) By Material: Metal, Composite

4) By Sales Channel: OEM, After market

Subsegments:

1) By Hands-Free: Sensor-Activated Liftgates, Gesture-Activated Liftgates, Proximity Key-Activated Liftgates

2) By Conventional: Button-Operated Liftgates, Remote-Controlled Liftgates

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What Are the Fastest-Growing Geographies in the #Which Factors and External Forces Are Driving Demand in the Power Liftgate Market?# Market?

North America was the largest region in the power liftgate market in 2024. The regions covered in the power liftgate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which Cutting-Edge Market Trends Are Expected to Drive thePower Liftgate Market’s Growth?

The rise in technological innovations in the field of power liftgates is a significant trend emerging in the power liftgate industry. These advanced power liftgates, equipped with sensors and control units, facilitate hands-free opening and closing, thereby enhancing user convenience. Prominent market players are deliberately concentrating on supplying these technologically superior power liftgates to broaden their customer base and expand their market share. For example, Brose Fahrzeugteile GmbH & Co. KG, a renowned German automotive provider, offers refined power liftgate drives featuring additional capabilities like drive, sensors, a latch with a power cinching unit, a control unit, and an anti-trap protection mechanism.

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What Are the Key Elements That Define the Power Liftgate Market?

The power liftgate refer to a motorized hatch which opens and closes electronically. Hands-free opening and shutting can be achieved using the digital access system and/or a capacitive kick sensor incorporated into the bumper. The liftgate or trunk can also be opened or closed using the buttons on the lid or the key fob.

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