Industry Background:
Automotive Tailgate is a piece of equipment that installed on the rear of the vehicle which offers crash protection, aesthetic outer appearance to the vehicle as well as wind flow aerodynamic surface. It serves for multiple functions, it is primarily used to conveniently load cargo on to the back of the vehicle, for some truck is used as a step to access an extension to increase carrying capacity. It also allows the easily and safely positioning of the product inside the vehicle to move or lift manually, because using tailgate can help to end-user to negotiate over curbs and other obstacles. The development of the automotive power Tailgate market is gaining pace with the arrival of new technologies and innovations.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Robert Bosch (Germany), Magna International (Canada), Faurecia (France), Plastic Omnium (France), Tommy Gate (United States), Hella GmbH & Co. KGaA (Germany), Denso Corporation (Japan), Gordon Auto Body Parts (Taiwan), Rockland Manufacturing Company (United States) and OMRON Corporation (Japan) |
This growth is primarily driven by Increasing Number of Road Accident Due To Rear-End Crashes Driving the Demand for Tailgate and Surged Demand of Vehicles Has Influenced the Demand of Automotive Tailgate.
Globally, a noticeable market trend is evident Surging Demand for Technologies and Innovations in the Automotive Industry Such As Hand Free System for Tailgate Driving the Power of It into the Market
Major Vendors, such as Robert Bosch (Germany), Magna International (Canada), Faurecia (France), Plastic Omnium (France), Tommy Gate (United States), Hella GmbH & Co. KGaA (Germany), Denso Corporation (Japan), Gordon Auto Body Parts (Taiwan), Rockland Manufacturing Company (United States) and OMRON Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2023, DENSO CORPORATION, a leading mobility supplier, and United Semiconductor Japan Co., Ltd., a subsidiary of global semiconductor foundry United Microelectronics Corporation, announce a joint collaboration to produce insulated gate bipolar transistors entering mass production at 300mm. I did. USJC's fab. The first shipping ceremony was held today to mark this important milestone. It comes just over a year after the two companies announced a strategic partnership on this important power semiconductor used in electric vehicles.
For Instance, In February 2019 GMC Debuted Their Latest Design Of Tailgate Named As GMC Multi-Pro Tailgate In GMC Sierra 1500. It Consists Of Primary Gate Which Is Hinged Like Conventional Tailgate That Means Two Tailgate In One. It Offers Variety Of Benefits, Ranging From Bed Extender To An Entry Step, And Others.
Influencing Trend:
Surging Demand for Technologies and Innovations in the Automotive Industry Such As Hand Free System for Tailgate Driving the Power of It into the Market and Mounting Application of Advanced Manufacturing Technologies
Market Growth Drivers:
Increasing Number of Road Accident Due To Rear-End Crashes Driving the Demand for Tailgate and Surged Demand of Vehicles Has Influenced the Demand of Automotive Tailgate
Challenges:
Presence of Many Competitors in the Automotive Sector
Restraints:
High Initial Cost of Installation and Price Fluctuation for Raw Material
Opportunities:
Growing Adoption of Passenger Vehicle across the Globe and Rising Adoption Rate Of Integrated Solutions In-Vehicle Including, Advance Infotainment, Telematics, And Other Electronic Elements
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Automotive Tailgate Market
- Analysis about New Entrants in Automotive Tailgate Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Automotive Tailgate Study Sheds Light on
The Automotive Tailgate Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Tailgate industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Tailgate industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.