Market Overview:

Global Automotive Tailgate Market size was valued at USD 35.68 billion in 2023 and is poised to grow from USD 37.86 billion in 2024 to USD 60.80 billion by 2032, growing at a CAGR of 6.1% during the forecast period (2024-2032).

Tailgate is a major part of car aesthetics and operation for the automobile sector, with the worldwide tailboard market. The gate is a major part of trucks, SUVs, and hatchback cars in that it provides access to the cargo area in the rear compartment while also serving as a cover for the rear of the automobile. The rise of vehicle production, customer demand for better aesthetics, and tailboard technology have all affected the demands for this market. Automobile gate sales have been fuelled by the increasing number of vehicles sold globally, especially in developing countries. Primarily because of their widespread use in. Due to their extensive use in transportation and logistics commercial vehicles contribute largely towards the moulding of this sector.

The raising popularity of SUVs and crossovers necessitates an electronic tailgate. Ergo a coming together regarding tech with useful dimensions. Also drive to open up the market is innovation in tailboard layout and use. Manufacturers are focusing on hands-free operation, replacing traditional locking systems with smart sensors and better lock interface to offer enhanced experience and vehicle security.

Lightweight materials such as composite plastics and aluminium also play a role in being used to improve fuel mileage by decreasing the weight of the vehicle overall. Intentions of improving fuel economies and environmental regulations are offering momentum to better vehicle drag efficiency through aerodynamic tailboard designs that some automakers have now been investing in. Such emphasis on sustainability is making the market lean toward innovative tailboard solutions that are ideal for these goals

Market Dynamics: Market Drivers-

Increasing Demand for Convenience and Safety Features

• Increasing demand for user convenience and safety features in the automotive sector is expected to drive growth of global automotive tailgate market. Consumers today want buildings that are smarter - vehicles with advanced features makes driving easier and safer. In a world ever more focused on convenience as well, modern automatic tailgates are hands-free for loading or unloading cargo which helps significantly in busy urban environments. Rising consumer awareness with the adoption of smart technologies including sensors and automatic locking systems offers high end security without causing any accidents thereby stimulating demand. Integrated, sophisticated tailgate systems were already offering every car manufacturer more persuasive arguments tailored to the consumers and greater market growth opportunities.

Market Trends-

Integration of Smart Technologies in Tailgates

• Demand for carbon fibre composite automotive tailgates is gaining traction in global market. New-age tailgate systems are becoming more complicated by being incorporated with gesture control, voice recognition and smartphone connectivity. The smart tailgates serve not only delivers on user convenience but also helps in enhancing vehicle security and efficiency. Such as tailgates that open and close automatically Sensor by sensor, eliminating accidental damage improving safety. Smart technology in general is a trend that we see across the board, pointing to broader industry trends toward increased connectivity and autonomous vehicles for which sophisticated tailgate systems are essential elements of commercial vehicle architecture. This trend is projected to persist, boosting growth & innovation in the automotive tailgate market.

Market Restraining Factors-

High Costs Associated with Advanced Tailgate Systems

• However advanced tailgate systems offer multiple benefits, high initial investment costs for these products are one of the most significant challenges as their deployment increases vehicle pricing. Automated and smart features come with integrated support which requires high-end components, and also raises the production cost. This fee is generally charged to the end-consumers and it necessarily makes these systems more expensive, thus limiting their usage especially in developing regions due to the high cost-sensitivity. Moreover, these high tech will be more expensive to maintain and repair than conventional tailgates meaning they may not have mass market appeal especially in markets that are price conscious.

Market Opportunity Factors-

Expansion in Emerging Markets

• Greater implementation of the technology in these regions, providing a significant growth opportunity for market players. Global automotive tailgate market is expected to witness significant growth over the forecast period, primarily contributing from emerging markets. Growing urbanization and disposable income level particularly in India, China & Brazil are some of the major factors spurring demand for advanced feature equipped vehicles among consumer across these countries. A growing number of local consumers in these areas seek tailored solutions and automotive manufacturers have begun serving those needs. In addition, the emergence of cost-efficient tailgates that amalgamate rudimentary automation with affordability can encourage the growth.

 List of Companies Profiled:

• Magna International Inc.
• Plastic Omnium
• Gestamp
• Martinrea International Inc.
• Tier 1 Engineering
• Woodbridge Foam Corporation
• KTH Parts Industries
• GORDON AUTO BODY PARTS CO., LTD.
• Rehau Automotive (Germany)
• Futaba Industrial Co., Ltd. (Japan)
• Brose Fahrzeugteile GmbH & Co. KG
• BOS Group
• Alutec
• Montaplast GmbH
• HIROTEC Corporation
• Meiwa Industry Co., Ltd.
• Stampings
• Yachiyo Industry Co., Ltd.
• SL Corporation
• Dongfeng Motor Parts and Components Group
• ISE Group
• Aisin Seiki Co., Ltd.
• Wagon Automotive
• VESTA Intracon
• Polytec Group

Key Industry Developments:

In March 2023, Robert Bosch launched a new tailgate system that is equipped with a collision avoidance function. The new system uses sensors to detect objects behind the vehicle, and the tailgate closes automatically if there is a risk of collision.

In April 2023, Faurecia announced that it had developed a new tailgate system that is equipped with a hands-free opening and closing function. The new system uses sensors to detect the presence of the user, and the tailgate opens automatically when the user approaches.

Report Coverage:

The report will cover the qualitative and quantitative data on the global Automotive Tailgate Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

By Product Type (Manual, Electric, Hydraulic), By Material Type (Plastic Composite, Metal, Other Polymers), By Vehicle Type (PC, LCV, HCV)

Report Scope and Segmentations:

Segmentation Analysis:

The market scope is segmented because of by Product Type, by Material Type, by Vehicle Type.

By Product Type

Based on the Product Type of the market is segmented into Manual, Electric, Hydraulic.

This increasing consumer inclination towards the needs for comfort, safety and sophistication in their vehicles has impressed prominently on greater adoption of electric tailgates against manual (or hydraulic) counterparts.

Electric tailgates, or power-operated tailgates as they are also known, are a brilliant touch and basically let you open and close the boot with one press of a button. With how hectic today's life is, smooth operation and quick functionality are highly sought-after features. These are complemented by the inclusion of hands-free operation which facilitates smarter technology integration increasing convenience for users. For example, a variety of electrified tailgates can be triggered by sensors that sense moving feet under the rear bumper to enable hands-free opening (pretty crucial when you have suitcases or groceries in your arms).

By Material Type

Based on the Material Type of the market is segmented into Plastic Composite, Metal, Other Polymers.

On the basis of material type, automotive tailgate market by plastic composite is largest as light weight and durability are key premises for over all vehicle manufacturers. A number of key factors make plastic composites such an attractive choice for automotive manufacturers, and it is not without reason that they remain the dominant material in this sector. For starters, plastic composites allow for considerable weight reduction over traditional metal tailgates, which translates to better fuel economy and lower emissions – big priorities in the current automotive world that is very much environmentally driven with its strict regulations worldwide and increasing appetite for greener cars.

Plastic composites also lend themselves very well to design complexity - parts can be manufactured in almost any shape and multiple functions integrated into a single component. It smoothers a lot of this out, as it helps in the design of tailgates that pack features such as integrated lighting, sensors and cameras for many modern applications improved security, convenience Besides, plastic composites are of high corrosion and impact resistance providing long-lasting durability that is a necessary characteristic for automotive components prone to exposure by unstable environment conditions.

Plastic composites are also attractive from a cost benefit perspective, further fuelling market demand. While there could be high upfront costs for tooling and production processes of a plastic composite tailgate, the cost to manufacture would generally less expensive because of its inherently lighter weight as well as higher volume potential. Such economic benefits, combined with the increasing preference among consumers for lightweight and advanced plastic material in vehicles components demonstrate higher adaptability of Plastic Composite segment over other materials aiding dominance of this market globally on automotive tailgate market.

By Vehicle Type

Based on the Vehicle Type of the market is segmented into PC, LCV, HCV.

The passenger car (PC) segment is leading the global automotive tailgate market. This dominance is essentially driven by the sheer number of passenger car manufacturing and sales across global territories, when compared to light commercial vehicles (LCVs) or heavy commercial vehicles (HCVs). The trend has been largely driven by the increasing consumer shift to SUVs and crossovers, which are classified as passenger cars. These are also the types of vehicles known for their even fancier tailgate systems that add convenience and safety, catering to a wider demographic.

Growing demand for luxury and premium vehicles with additional features drives the passenger car segment further. Light weight body materials, Core surface acoustic wave sensors and Novelties are being developed by manufacturers at break desk rapid pace.

Urbanization and increasing disposable incomes among consumers in developing countries have fuelled growth of the passenger car segment which is a key factor contributing towards demand for premium automotive components such as tailgates. The utilization of tailgates in passenger cars for daily commute, luggage transport and grocery shopping also increases the frequency with which upgrades & replacements need to be implemented; thereby increasing penetration levels from widespread adoption in light trucks.

Regional Snapshots-

It is expected that the Asia-Pacific area will continue to dominate the worldwide vehicle tailboard market in upcoming years.The main drivers of this domination are the sizeable car industry sales and production in nations like China, Japan, and India. China is the largest automobile market in the world, and its huge consumer base and excellent manufacturing capabilities greatly increase the demand for vehicle tailgates. Car sales have increased in many countries as a result of increasing middle class growth, rising disposable incomes, and fast urbanisation. SUVs and crossovers, in particular, have become increasingly popular since they often have cutting-edge tailboard systems.

The presence of big automakers and suppliers in the Asia-Pacific area has created a climate fit for market expansion. Companies are heavily investing in research and development to launch creative and technologically advanced tailboard solutions. For example power-operated tailgates with clever features like remote control and hands-free operation have grown in popularity among local consumers. Driving the great demand for automobile tailgates are the competitive prices and availability of a large spectrum of vehicle models.

Automobile tailgates are likewise expected to be fastest-growing market in Asia-Pacific area regards to future expansion. The growing focus on electric vehicles (EVs) and the supportive government policies that promote EV use are major factors driving this expansion. Leading the worldwide EV industry are nations like China, thus the development of tailboard systems tailored for EVs is likely to open fresh prospects for market growth. Also expected to increase demand for high-tech tailboard systems in the area are the increasing focus on vehicle safety and the integration of advanced driver assistance systems (ADAS).

North America is still a major market for tailboard systems due to its strong aftermarket industry and significant concentration of auto companies. North America and Europe are also important automotive tailboard markets because of their strong customer demand for luxury cars and cutting-edge automotive technologies. The increasing need in this industry is being driven by the growing popularity of SUVs and trucks, as well as the trend towards vehicle automation.

Europe, known for its strict rules and focus on durability, is seeing a change towards environmentally friendly and light-weight tailboard materials. Strong automotive sector of the area, particularly in Germany and the UK, keeps investing in creative tailboard solutions to improve vehicle performance and efficiency.

Though their market share is somewhat low, Latin America and the Middle East & Africa (MEA) regions are progressively showing promise for future development. Rising automotive manufacturing in nations like Brazil and Mexico in Latin America and the growing demand for vehicles in MEA owing to bettering economic conditions are helping to expand markets in these countries.

 Eventually high car production, rising consumer demand, and ongoing technological innovation fuel the Asia-Pacific region's supremacy in the worldwide automotive tailboard market. The dynamic market environment of the area and favourable legislation should help to maintain its leadership and propel fast expansion in the next years. Concurrent with this, other areas such as North America and Europe will remain very important, each distinguished by different consumer preferences and market dynamics.

Global Automotive Tailgate Market Regional Analysis:

North America accounted for the highest Automotive Tailgate% market share in terms of revenue in the Automotive Tailgate market and is expected to expand at a CAGR of Automotive Tailgate% during the forecast period. This growth can be attributed to the growing adoption of Automotive Tailgate. The market in APAC is expected to witness significant growth and is expected to register a CAGR of Automotive Tailgate% over upcoming years, because of the presence of key Automotive Tailgate companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Automotive Tailgate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Automotive Tailgate Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Automotive Tailgate Market valued?
• Which region has the largest share in 2024 for the global Automotive Tailgate Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Automotive Tailgate Market:

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Million

Automotive Tailgate Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: