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Automotive Tailgate Market: Projected Growth from $11.50 Billion in 2018 to $17.17 Billion by 2026 at a CAGR of 5.3%
Automotive Tailgate Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type : Global Opportunity Analysis and Industry Forecast, 2019-2026
PORTLAND, PROVINCE: OREGAON, UNITED STATES, September 2, 2024 /EINPresswire.com/ — According to a recent report published by Allied Market Research, titled, "Automotive Tailgate Market by Type, Vehicle Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2018-2026," the global automotive tailgate market was valued at $11.50 billion in 2018, and is projected to reach $17.17 billion by 2026, registering a CAGR of 5.3%.
ð ð¨ð« ðð¨ð«ð ððððð¢ð¥ð¬- https://www.alliedmarketresearch.com/automotive-tailgate-market
Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global automotive tailgate market share in 2018 and is expected to grow at a significant rate in the automotive tailgate industry during the forecast period.
Automotive tailgates are the gates attached to the rear side of the vehicle and are responsible for ensuring the safety and security of the passengers and vehicle while driving. Tailgates used in a vehicle are of different types such as manually operated tailgates or the automatic tailgates and this depends on the level of autonomy of the vehicle. With the increased production and sales of the vehicles equipped with advanced components, the demand for better and efficient tailgates to be equipped in vehicles has increased, which supplements the growth of the vehicle tailgate market.
ðððªð®ðð¬ð ððð¦ð©ð¥ð ððð©ð¨ð«ð – https://www.alliedmarketresearch.com/request-sample/6299
It comprises several components such as taillights, camera, and other components, which increase the demand for better and efficient tailgates within the vehicle thereby boosting the automotive tailgate industry. Various developments have been carried out by top companies operating in the market along with the introduction of different products, which enhances the automotive tailgate outlook among the customers. Currently, there are two types of automotive tailgates widely used in vehicles, namely, hydraulic/manual operated and power-operated gates.
Better and efficient tailgates have a wider application in automobiles as they are used to ensure the safety of the vehicle and passengers while driving. Also with the introduction of automated tailgates, the automotive tailgate market size has increased due to its wider application, which has boosted the automotive tailgate market growth across the globe.
ðð«ð¨ðð®ð«ð ðð¨ð¦ð©ð¥ððð ððð¬ððð«ðð¡ ððð©ð¨ð«ð – https://www.alliedmarketresearch.com/automotive-tailgate-market/purchase-options
Factors such as increase in demand for electronic-based components or devices and need for effective automatic tailgate in the vehicle are increasing the automotive tailgate market share. However, high configuration cost and degradation of sensing mechanism is projected to hamper the automotive tailgate market size. Further, rise in technological advancement and innovation in the field of automotive industry and surge in expenditure on luxury vehicles around the globe is expected to create numerous opportunities for the growth and expansion of the vehicle tailgate market.
ððð¤ð ðð§ ðð§ðªð®ð¢ð«ð² ðððð¨ð«ð ðð®ð²ð¢ð§ð – https://www.alliedmarketresearch.com/purchase-enquiry/6299
ððððð¢ð§ð ððð«ð¤ðð ðð¥ðð²ðð«ð¬ :
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, Aisin Seiki, Autoease Technology, and Woodbine Manufacturing Co. Inc.
ððð² ð
ð¢ð§ðð¢ð§ð ð¬ ðð ðð¡ð ððð®ðð²
Based on type, the hydraulic/manual operated segment generated the highest revenue in 2018.
Based on vehicle type, the passenger vehicle segment was the highest revenue contributor in 2018.
Based on sales channel, the original equipment manufacturers (OEMs) is the highest revenue contributor during the forecast period.
Based on region, the Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period followed by Europe, LAMEA and North America.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
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Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Automotive Tailgate Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type : Global Opportunity Analysis and Industry Forecast, 2019-2026
PORTLAND, PROVINCE: OREGAON, UNITED STATES, September 2, 2024 /EINPresswire.com/ — According to a recent report published by Allied Market Research, titled, "Automotive Tailgate Market by Type, Vehicle Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2018-2026," the global automotive tailgate market was valued at $11.50 billion in 2018, and is projected to reach $17.17 billion by 2026, registering a CAGR of 5.3%.
ð ð¨ð« ðð¨ð«ð ððððð¢ð¥ð¬- https://www.alliedmarketresearch.com/automotive-tailgate-market
Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global automotive tailgate market share in 2018 and is expected to grow at a significant rate in the automotive tailgate industry during the forecast period.
Automotive tailgates are the gates attached to the rear side of the vehicle and are responsible for ensuring the safety and security of the passengers and vehicle while driving. Tailgates used in a vehicle are of different types such as manually operated tailgates or the automatic tailgates and this depends on the level of autonomy of the vehicle. With the increased production and sales of the vehicles equipped with advanced components, the demand for better and efficient tailgates to be equipped in vehicles has increased, which supplements the growth of the vehicle tailgate market.
ðððªð®ðð¬ð ððð¦ð©ð¥ð ððð©ð¨ð«ð – https://www.alliedmarketresearch.com/request-sample/6299
It comprises several components such as taillights, camera, and other components, which increase the demand for better and efficient tailgates within the vehicle thereby boosting the automotive tailgate industry. Various developments have been carried out by top companies operating in the market along with the introduction of different products, which enhances the automotive tailgate outlook among the customers. Currently, there are two types of automotive tailgates widely used in vehicles, namely, hydraulic/manual operated and power-operated gates.
Better and efficient tailgates have a wider application in automobiles as they are used to ensure the safety of the vehicle and passengers while driving. Also with the introduction of automated tailgates, the automotive tailgate market size has increased due to its wider application, which has boosted the automotive tailgate market growth across the globe.
ðð«ð¨ðð®ð«ð ðð¨ð¦ð©ð¥ððð ððð¬ððð«ðð¡ ððð©ð¨ð«ð – https://www.alliedmarketresearch.com/automotive-tailgate-market/purchase-options
Factors such as increase in demand for electronic-based components or devices and need for effective automatic tailgate in the vehicle are increasing the automotive tailgate market share. However, high configuration cost and degradation of sensing mechanism is projected to hamper the automotive tailgate market size. Further, rise in technological advancement and innovation in the field of automotive industry and surge in expenditure on luxury vehicles around the globe is expected to create numerous opportunities for the growth and expansion of the vehicle tailgate market.
ððð¤ð ðð§ ðð§ðªð®ð¢ð«ð² ðððð¨ð«ð ðð®ð²ð¢ð§ð – https://www.alliedmarketresearch.com/purchase-enquiry/6299
ððððð¢ð§ð ððð«ð¤ðð ðð¥ðð²ðð«ð¬ :
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, Aisin Seiki, Autoease Technology, and Woodbine Manufacturing Co. Inc.
ððð² ð
ð¢ð§ðð¢ð§ð ð¬ ðð ðð¡ð ððð®ðð²
Based on type, the hydraulic/manual operated segment generated the highest revenue in 2018.
Based on vehicle type, the passenger vehicle segment was the highest revenue contributor in 2018.
Based on sales channel, the original equipment manufacturers (OEMs) is the highest revenue contributor during the forecast period.
Based on region, the Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period followed by Europe, LAMEA and North America.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
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David Jackson
September 5, 2024 at 7:08 pm
The automotive tailgate market is poised for significant growth, projected to increase from $11.50 billion in 2018 to $17.17 billion by 2026, reflecting a robust CAGR of 5.3%. This growth is primarily driven by the rising demand for advanced vehicle components, including both manual and automated tailgates, as well as a surge in production and sales of vehicles worldwide. The Asia-Pacific region, particularly China, is expected to lead the market, capitalizing on its strong automotive industry. While challenges such as high configuration costs and potential degradation of sensing mechanisms exist, ongoing technological advancements and an increasing focus on luxury vehicles present ample opportunities for innovation and expansion. As automotive manufacturers continue to prioritize safety and functionality, the tailgate segment will remain a crucial aspect of vehicle design and consumer preference.
Stacey Jenkins
September 5, 2024 at 7:14 pm
The automotive tailgate market is poised for significant growth, expanding from $11.50 billion in 2018 to an anticipated $17.17 billion by 2026, reflecting a robust CAGR of 5.3%. This growth is driven by increasing vehicle production, technological advancements, and a rising demand for automated features that enhance safety and convenience. The Asia-Pacific region, particularly China, is expected to lead the market, emphasizing the global shift towards more sophisticated automotive components. While challenges such as high costs and potential sensor degradation exist, the overall outlook remains positive, fueled by innovation and the growing popularity of luxury vehicles equipped with advanced tailgate technologies. As manufacturers adapt to these trends, the automotive tailgate market is set for a promising trajectory in the coming years.
dave jenkins
September 6, 2024 at 7:16 am
The automotive tailgate market is poised for significant growth, with projections indicating an increase from $11.50 billion in 2018 to $17.17 billion by 2026, reflecting a steady CAGR of 5.3%. This expansion is largely driven by rising demand for advanced vehicle components and the integration of automated tailgate systems that enhance safety and convenience. The Asia-Pacific region is anticipated to lead this growth, highlighted by China’s strong market presence. While challenges such as high costs and potential degradation of technologies exist, the overall outlook remains positive, fueled by ongoing innovations and the increasing popularity of luxury vehicles. As manufacturers continue to adapt to evolving consumer preferences, the automotive tailgate market is set to become an increasingly vital segment of the automotive industry.
Charlie Jenkins
September 6, 2024 at 10:07 am
The automotive tailgate market is poised for significant growth, projected to expand from $11.50 billion in 2018 to $17.17 billion by 2026, reflecting a compound annual growth rate (CAGR) of 5.3%. This growth is largely driven by increasing demand for advanced automotive components, with a notable surge in the popularity of automatic tailgates that enhance convenience and safety for users. Market dynamics indicate a strong presence in the Asia-Pacific region, particularly in China, highlighting the area’s critical role in the industry’s advancement. While challenges such as high configuration costs and potential degradation of sensor mechanisms may pose risks, ongoing technological innovations and a rising inclination towards luxury vehicles present substantial opportunities for market expansion. As the automotive sector continues to evolve, the demand for efficient and sophisticated tailgate solutions is expected to remain a pivotal focus for manufacturers and consumers alike.
Jennifer White
September 6, 2024 at 2:32 pm
The automotive tailgate market is poised for significant growth, projected to increase from $11.50 billion in 2018 to $17.17 billion by 2026, at a CAGR of 5.3%. This growth is fueled by advancements in vehicle technology, rising demand for automated systems, and an increasing focus on safety and passenger convenience. The Asia-Pacific region, particularly China, is leading this expansion, reflecting a strong market for both manual and power-operated tailgates. While challenges such as high configuration costs persist, the ongoing innovation within the automotive industry presents ample opportunities for further development and investment in this sector. Overall, the automotive tailgate market showcases a promising future as it adapts to evolving consumer needs and technological advancements.
Selena Hughes
September 7, 2024 at 7:03 pm
In conclusion, the automotive tailgate market is on a robust growth trajectory, projected to expand from $11.50 billion in 2018 to $17.17 billion by 2026, representing a CAGR of 5.3%. This growth is driven by increasing vehicle production and the rising demand for advanced safety features and automated systems. The Asia-Pacific region, particularly China, is positioned as a leader in market share, highlighting the region’s significant role in automotive innovation. While challenges such as high configuration costs and potential issues with sensing mechanisms exist, ongoing technological advancements and the rising popularity of luxury vehicles present ample opportunities for market expansion. As manufacturers continue to innovate and enhance tailgate functionality, the automotive tailgate market is expected to flourish in the coming years.