Thursday, 27 August 2020

Key Players Operating in Automotive Electric Power Tailgate Market

 

  • Electric power tailgate is attached to the rear of the vehicle and is designed to facilitate the opening and closing of the boot or hatch. Automotive electric power tailgate is a rear-door system, and the vehicle driver controls the tailgate opening and closing with the press of a button, which is located on the dashboard, or foot-operated sensor.
  • The automotive electric power tailgate is a hands-free system and can also be operated remotely. Design of vehicle doors change according to the manufacturer; however, the power tailgate mechanism remains the same for any vehicle.

Key Drivers of Automotive Electric Power Tailgate Market

  • Rise in vehicle production integrated with growing safety standards across the globe is likely to propel the automotive electric power tailgate market across the globe. Increase in adoption of vehicle electrification among original equipment manufacturers helps boost innovation in the automotive industry. Upcoming technology in vehicles, such as opening and closing of back door and sensor operated power tailgate, is estimated to drive the automotive electric power tailgate market across the globe.
  • Rise in demand for comfort features in vehicles is likely to further boost the automotive electric power tailgate market across the globe. Rise in demand for autonomous vehicles where electric power tailgate plays an important role for opening and closing of boot, which would help to provide vehicle security. This is anticipated to boost the automotive electric power tailgate market across the globe.

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Europe & Asia Pacific to hold significant share of global automotive electric power tailgate market

  • Europe is projected to account for a major share of the global automotive electric power tailgate market due to a rise in the demand for vehicles across the globe. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH and Continental AG who have major facilities that undertake research & development regarding the power tailgate, which is likely to propel the automotive electric power tailgate market across the globe.
  • Followed by Europe, Asia Pacific is projected to hold a major share of the global automotive electric power tailgate market due to an increase in sale of vehicles across the region. Increase in demand for electric vehicles across the region due to an enactment of stringent vehicle emission norms is likely to fuel the automotive electric power tailgate market across the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive electric power tailgate market in Asia Pacific.

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Key Players Operating in Automotive Electric Power Tailgate Market

The global automotive electric power tailgate market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive electric power tailgate market are:

  • Robert Bosch GmbH
  • Gordon Auto Body Parts Co. Ltd
  • Johnson Electric Holdings Ltd
  • Magna International Inc.
  • Plastic Omnium
  • Continental AG
  • Valeo
  • Aisin Seiki
  • Brose Fahrzeugteile SE & Co. KG

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