PUBLISHER: SkyQuest | PRODUCT CODE: 1915709
PUBLISHER: SkyQuest | PRODUCT CODE: 1915709
Global Power Liftgate Market size was valued at USD 3.6 Billion in 2024 and is poised to grow from USD 3.93 Billion in 2025 to USD 7.88 Billion by 2033, growing at a CAGR of 9.1% during the forecast period (2026-2033).
The global power liftgate market is experiencing significant growth driven by a rising consumer preference for hands-free, intelligent vehicle access and the trend towards increased automation in mid-range and luxury vehicles. Automakers are expanding the integration of power liftgate systems, particularly in SUVs and crossovers. Innovative features such as foot-activated sensors and programmable height adjustments are being embraced to cater to a diverse audience, including older consumers and families. The shift towards electrification also supports automated rear access systems, as enhanced battery packaging necessitates more efficient storage solutions. As urban populations grow and demand for last-mile delivery rises, advancements in radar, app-based controls, and sophisticated vehicle-user interfaces are likely to reshape the power liftgate landscape, positioning these systems as essential options in the market.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Power Liftgate market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Power Liftgate Market Segments Analysis
Global Power Liftgate Market is segmented by Type, Vehicle Type, Sales Channel and region. Based on Type, the market is segmented into Conventional and Hands-Free Power Liftgate. Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Vehicle. Based on Sales Channel, the market is segmented into Original Equipment Manufacturer (OEMs) and Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Power Liftgate Market
The global power liftgate market is experiencing significant growth as consumers increasingly recognize the convenience these features provide, particularly in SUVs and luxury vehicles. Hands-free liftgates, which allow users to open the cargo area by simply moving their foot, exemplify cutting-edge technology that enhances safety and usability. This innovative feature resonates with families, urban commuters, and those leading active lifestyles. Additionally, the availability of aftermarket retrofit kits enables drivers of older vehicles to upgrade and enjoy the benefits of power liftgates, further supporting the trend and expanding the market by appealing to a broader audience of potential users.
Restraints in the Global Power Liftgate Market
The Global Power Liftgate market faces challenges due to the high manufacturing costs associated with integrating power liftgate systems, which typically range from USD 800 to USD 1,500 per unit. These expenses can limit the adoption of such systems in entry-level and mid-range vehicles, as consumers often prioritize affordability over added convenience, particularly in budget-conscious markets. Additionally, the high costs and complexities involved in retrofitting advanced liftgate systems into existing vehicles deter car owners, making it less feasible to install such features due to installation difficulties and the need for proper sensor calibration.
Market Trends of the Global Power Liftgate Market
The Global Power Liftgate market is experiencing a notable trend towards the integration of hands-free liftgate systems, particularly in luxury SUVs and crossovers. This technology simplifies cargo access by utilizing foot-activated mechanisms, enhancing convenience for users, especially families or those managing heavy items. The growing consumer demand for ease of use and innovation is driving automakers and aftermarket companies to offer retrofit kits, enabling a broader range of vehicles to adopt this feature. As a result, the market reflects a shift towards advanced functionalities that prioritize user comfort, safety, and the overall driving experience, signaling a progressive evolution in automotive design.