Automotive Tailgate Market Growth, Size, Trends, Revenue, Challenges and Future Competition
Automotive Tailgate Market Size- By Product Type, By Material Type, By Vehicle Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2023 | Report ID: AMIN23109 | Pages: 1 - 247 | Formats*: |
| Category : Automotive & Transportation | |||
Global Automotive Tailgate Market Overview
According to SPER Market Research, the Global Automotive Tailgate Market is estimated to reach USD 24.46 billion by 2033 with a CAGR of 5.52%.
The automotive tailgate serves as the rear door or gate of a vehicle, granting access to the cargo or storage area. It is an indispensable element found in pickup trucks, SUVs, and other vehicles equipped with rear storage compartments. Tailgates are specifically designed to withstand various impacts on the vehicle and contribute to its overall safety. They find extensive applications in both passenger and commercial vehicles, ensuring the security and well-being of goods stored at the rear. Tailgates are typically constructed using materials such as steel, aluminium, or composites, chosen based on considerations like strength, weight, cost, and design factors. The automotive tailgate market is witnessing growth due to factors such as the escalating demand for electronic components and devices, as well as the need for effective automatic tailgate systems in vehicles. As a result, the market share of automotive tailgates is expanding. The design and technology of tailgates are continually evolving as automotive companies strive to enhance user experience, convenience, and safety. These advancements aim to offer improved functionalities and features to meet the evolving needs and preferences of consumers.
Exploring the Growth Drivers of the Global Automotive Tailgate Market Industry.
The global automotive tailgate market is fuelled by various factors that contribute to its growth and expansion. One of the primary growth drivers is the increasing vehicle production, particularly in emerging economies. As the automotive industry grows, there is a corresponding rise in vehicle manufacturing, leading to a proportional increase in demand for automotive tailgates. This surge in demand drives the growth of the market. Technological advancements also play a significant role in driving market growth. Innovations in tailgate technology, such as power-operated tailgates, integrated cameras, sensors, and hands-free operation, enhance convenience and functionality. These advanced features attract consumers and generate demand for vehicles equipped with such tailgate systems, thereby driving market growth. It's important to recognize that the growth drivers of the global automotive tailgate market are subject to change over time. New technologies, evolving consumer preferences, and emerging market trends can reshape the industry landscape. Manufacturers and suppliers in the automotive sector must stay abreast of these changes and adapt their strategies to meet evolving market demands. In conclusion, the growth of the global automotive tailgate market is propelled by increasing vehicle production and technological advancements.
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What challenges does the Global Automotive Tailgate Market face?
The Global Automotive Tailgate Market encounters challenges that can affect its growth and development. One major challenge is cost pressure, which is prevalent in the automotive industry, including the tailgate market. Manufacturers must balance the production of cost-effective tailgate solutions without compromising quality and performance. The utilization of advanced technologies and materials can raise the cost of tailgates, posing difficulties in terms of affordability and competitiveness. Another challenge is the complexity of integrating advanced technologies, such as power-operated systems, sensors, and cameras, into tailgates. This integration can present technical complexities that need to be addressed by manufacturers.
In what ways has the COVID-19 pandemic affected Global Automotive Tailgate Market?
The Global Automotive Tailgate Market experienced a notable impact from the COVID-19 pandemic. The pandemic caused disruptions in the global supply chain, leading to challenges in the availability of raw materials, components, and finished products. Lockdown measures, factory closures, and travel restrictions had adverse effects on the production and distribution of automotive tailgates. As a result, the market faced significant disruptions due to these supply chain challenges caused by the pandemic.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Material Type, By Vehicle Type, By Application |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | 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 and Woodbine Manufacturing Company |
Key Target Audience
- Vehicle Owners
- Automotive Enthusiasts
- Automotive Repair Shops
- Automotive Industry Professionals
Global Automotive Tailgate Market Segmentation:
1. By Product Type:
- Global Automotive Tailgate Market Value Share and Forecast, By Product Type, 2023-2033
- Electric
- Hydraulic
- Manual
- Others
2. By Material Type:
- Global Automotive Tailgate Market Value Share and Forecast, By Material Type, 2023-2033
- Metal
- Plastic Composite
- Other Polymers
3. By Vehicle Type:
- Global Automotive Tailgate Market Value Share and Forecast, By Vehicle Type, 2023-2033
- HCV
- LCV
- PC
- Other
4. By Application:
- Global Automotive Tailgate Market Value Share and Forecast, By Application, 2023-2033
- Commercial Vehicle
- Passenger Car
- Other
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report
- Global Automotive Tailgate Market Size (FY’2023-FY’2033)
- Overview of Global Automotive Tailgate Market
- Segmentation of Global Automotive Tailgate Market By Product Type (Electric, Hydraulic, Manual)
- Segmentation of Global Automotive Tailgate Market By Material Type (Metal, Plastic Composite )
- Segmentation of Global Automotive Tailgate Market By Vehicle Type (PC, LCV, HCV)
- Segmentation of Global Automotive Tailgate Market By Application (Passenger Car, Commercial Vehicle)
- Statistical Snap of Global Automotive Tailgate Market
- Growth Analysis of Global Automotive Tailgate Market
- Problems and Challenges in Global Automotive Tailgate Market
- Competitive Landscape in the Global Automotive Tailgate Market
- Impact of COVID-19 and Demonetization on Global Automotive Tailgate Market
- Details on Recent Investment in Global Automotive Tailgate Market
- Competitive Analysis of Global Automotive Tailgate Market
- Key Players in the Global Automotive Tailgate Market
- SWOT Analysis of Global Automotive Tailgate Market
- Global Automotive Tailgate Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Automotive Tailgate Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Tailgate Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Tailgate Market
7. Global Automotive Tailgate Market, By Product Type (USD Million)
7.1. Global Automotive Tailgate Market Value Share and Forecast, By Product Type, 2023-20337.2. Electric7.3. Hydraulic7.4. Manual7.5. Others
8. Global Automotive Tailgate Market, By Material Type (USD Million)
8.1. Global Automotive Tailgate Market Value Share and Forecast, By Material Type, 2023-20338.2. Metal8.3. Plastic Composite8.4. Other Polymers
9. Global Automotive Tailgate Market, By Vehicle Type (USD Million)
9.1. Global Automotive Tailgate Market Value Share and Forecast, By Vehicle Type, 2023-20339.2. HCV9.3. LCV9.4. PC9.5. Other
10. Global Automotive Tailgate Market, By Application (USD Million)
10.1. Global Automotive Tailgate Market Value Share and Forecast, By Application, 2023-203310.2. Commercial Vehicle10.3. Passenger Car10.4. Other
11. Global Automotive Tailgate Market Forecast, 2019-2033 (USD Million)
11.1. Global Automotive Tailgate Market Size and Market Share
12. Global Automotive Tailgate Market, By Product Type, 2019-2033 (USD Million)
12.1. Global Automotive Tailgate Market Size and Market Share By Product Type (2019-2026)12.2. Global Automotive Tailgate Market Size and Market Share By Product Type (2027-2033)
13. Global Automotive Tailgate Market, By Material Type, 2019-2033 (USD Million)
13.1. Global Automotive Tailgate Market Size and Market Share By Material Type (2019-2026)13.2. Global Automotive Tailgate Market Size and Market Share By Material Type (2027-2033)
14. Global Automotive Tailgate Market, By Vehicle Type, 2019-2033 (USD Million)
14.1. Global Automotive Tailgate Market Size and Market Share By Vehicle Type (2019-2026)14.2. Global Automotive Tailgate Market Size and Market Share By Vehicle Type (2027-2033)
15. Global Automotive Tailgate Market, By Application, 2019-2033 (USD Million)
15.1. Global Automotive Tailgate Market Size and Market Share By Application (2019-2026)15.2. Global Automotive Tailgate Market Size and Market Share By Application (2027-2033)
16. Global Automotive Tailgate Market, By Region, 2019-2033 (USD Million)
16.1. Global Automotive Tailgate Market Size and Market Share By Region (2019-2026)16.2. Global Automotive Tailgate Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada16.6.2. Mexico16.6.3. United States
16.7. Latin America
16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Aisin Corporation
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Autoease Technology
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Go Industries Inc
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Gordon Auto Body Parts Co. Ltd.
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. Huf Hülsbeck & Fürst GmbH & Co. KG
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. Johnson Electric Holdings Limited
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Magna International Inc.
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Plastic Omnium
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. Robert Bosch GmbH and Woodbine Manufacturing Company
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Automotive Tailgate Market is projected to reach USD 24.46 billion by 2033, growing at a CAGR of 5.52% during the forecast period.
Automotive Tailgate Market grew in market size from 2022. The Market is expected to reach USD 24.46 billion by 2033, at a CAGR of 5.52% during the forecast period.
Automotive Tailgate Market CAGR of 5.52% during the forecast period.
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Automotive Tailgate Market size is USD 24.46 billion from 2023 to 2033.
Automotive Tailgate Market Segment is covered By Product Type, By Material Type, By Vehicle Type, By Application.
The Asia-Pacific region is anticipated to have the highest market share in the Automotive Tailgate Market.
The key players in the market include Companies Covered 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 and Woodbine Manufacturing Company.
Manufacturers and suppliers in the automotive sector must stay abreast of these changes and adapt their strategies to meet evolving market demands. In conclusion, the growth of the global automotive tailgate market is propelled by increasing vehicle production and technological advancements.
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