PUBLISHER: IMARC | PRODUCT CODE: 1831952
PUBLISHER: IMARC | PRODUCT CODE: 1831952
The global automotive tailgate market size reached USD 15.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.39% during 2025-2033.
An automotive tailgate, or hatch, refers to a hinged board or door attached at the rear end of the vehicle to provide security to the passengers. The tailgate can also be moved up or down for loading and unloading of cargo. It consists of a rotating latch mechanism, handle, panels, rods and recesses on the sides. It is also utilized for covering hinges, lock mechanisms and electrical wiring of the vehicle. The tailgates are manufactured using highly functional metals, thermoplastics, polycarbonates and other polymeric materials and are commonly available in two- and three-layered variants. They are usually operated through hydraulic, power or manual systems and are used in the commercial and heavy passenger vehicles to provide additional protection against strong impacts from collisions.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rapid vehicle electrification for enhanced security and operational efficiency is providing a thrust to the market growth. Power hatch lift motors, hatch lift support systems and actuators are installed in automotive tailgates for smooth functioning of the vehicle component. In line with this, the increasing demand for autonomous and electric vehicles among consumers is also contributing to the growth of the market. Various technological advancements, such as the integration of innovative electronic components and devices, are acting as other growth-inducing factors. Tailgates are embedded with brake vacuum and clutch sensors for pressure measurement and other functions in automated, smart and connected vehicles for an automated and hands-free experience. Other factors, including the increasing expenditure capacities of the consumers, along with the rising preference for luxury vehicles, are anticipated to drive the market toward growth.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aisin Corporation, Autoease Technology, Go Industries Inc, Gordon Auto Body Parts Co. Ltd., Huf Hulsbeck & Furst GmbH & Co. KG, Johnson Electric Holdings Limited, Magna International Inc., Plastic Omnium, Robert Bosch GmbH and Woodbine Manufacturing Company.