United Kingdom Power Tailgate System Market Size, Share, and COVID-19 Impact Analysis, By Component (Electric Motors, Control Modules, Sensors, Wiring Harnesses, Struts/Shocks, Door Locks, and Others), By Vehicle Type (Sedans, SUVs, and Vans), and UK Power Tailgate System Market Insights, Industry Trend, Forecasts to 2033

Industry: Energy & Power

RELEASE DATE Aug 2024
REPORT ID SI5725
PAGES 243
REPORT FORMAT PathSoft

United Kingdom Power Tailgate System Market Insights Forecasts to 2033

  • The UK Power Tailgate System Market Size was valued at USD 2021 Million in 2023.
  • The Market is growing at a CAGR of 14.49% from 2023 to 2033
  • The U.K. Power Tailgate System Market Size is Expected to Reach USD 7821 Million by 2033

 

United Kingdom Power Tailgate System Market

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The United Kingdom Power Tailgate System Market is Anticipated to Exceed USD 7821 Million by 2033, growing at a CAGR of 14.49% from 2023 to 2033.

 

Market Overview

A power tailgate system in the automotive industry uses sensors and control units to automate the opening and closing of vehicle tailgates with electric motors, enhancing user convenience through hands-free or remote operation. These systems frequently include obstacle detection, anti-pinch protection, and adjustable height that can be programmed. Their main goal is to make it easier for drivers and passengers to load and unload by simplifying access to the vehicle's cargo area. The increasing popularity of electric vehicles is due to their inclusion of high-tech features such as a power tailgate or liftgate system. Consumers' increasing desire for convenience features in vehicles drives market demand throughout the forecast period. The power tailgate market growth is greatly influenced in various ways by the increasing adoption of electric and hybrid vehicles. Mainly, these cars attract customers who appreciate sophisticated features and technology, with a focus on power tailgate systems that provide increased convenience and functionality, in line with current trends. Furthermore, the advanced drivetrain technologies and ample rear cargo space found in electric and hybrid vehicles make them perfect choices for installing power tailgates.

 

Report Coverage

This research report categorizes the market for the U.K. power tailgate system market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the UK power tailgate system market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK power tailgate system market.

 

United Kingdom Power Tailgate System Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 2021 Million
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :14.49%
2033 Value Projection:USD 7821 Million
Historical Data for:2019-2022
No. of Pages:243
Tables, Charts & Figures:110
Segments covered:By Component, By Vehicle Type
Companies covered:: Westfalia-Automotive, Daimler Group, AutoSock, Car Audio Centre, Specialist Vehicle Solutions, E-Toll, and Others
Pitfalls & Challenges:Covid 19 Impact Challanges, Future, Growth and Analysis

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Driving Factors

The power tailgate systems industry is expected to experience substantial growth, providing users with the ease and luxury of automated tailgate operation. Especially appealing to individuals who often load and unload cargo, these systems make it easier to reach the vehicle's cargo area, especially when using hands-free or remote-control options. As consumers place a higher importance on convenient features in cars, the market demand is increasing. The market expansion is driven further by the inclusion of safety features like anti-pinch protection and obstacle detection. These characteristics help to avoid accidents and increase the safety of pedestrians and objects. Remote control functions reduce the possibility of theft, in accordance with consumer desires for vehicle security.

 

Restraining Factors

Disruptions in worldwide supply chains led to setbacks in manufacturing and distributing automotive parts, particularly power tailgate or liftgate systems. Factory shutdowns, travel limitations, and lack of workers led to a decrease in the overall need for the power tailgate system.

 

Market Segmentation

The United Kingdom power tailgate system market share is classified into component and vehicle type.

 

  • The electric motors segment is expected to hold the largest market share through the forecast period.   

The U.K. power tailgate system market is segmented by components into electric motors, control modules, sensors, wiring harnesses, struts/shocks, door locks, and others. Among these, the electric motors segment is expected to hold the largest market share through the forecast period. Improvements in efficiency, power density, and cost-effectiveness in electric motor technology are increasing the appeal of using electric motors in power liftgate systems. These improvements enhance the competitive edge of electric motor-driven systems over traditional options.

 

  • The SUVs segment dominates the market with the largest market share over the predicted period.

The UK power tailgate system market is segmented by vehicle type into sedans, SUVs, and vans. Among these, the SUV segment dominates the market with the largest market share over the predicted period. The upscale SUV category holds great importance in various parts of the world, as buyers frequently want top-tier features and cutting-edge technologies in their cars. Power tailgate systems are frequently seen in high-end SUVs, driving the popularity of these systems in this category.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom power tailgate system market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Westfalia-Automotive
  • Daimler Group
  • AutoSock
  • Car Audio Centre
  • Specialist Vehicle Solutions
  • E-Toll
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-added resellers (VARs)

 

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Power Tailgate System Market based on the below-mentioned segments:

 

United Kingdom Power Tailgate System Market, By Component

  • Electric Motors
  • Control Modules
  • Sensors
  • Wiring Harnesses
  • Struts/Shocks
  • Door Locks
  • Others

United Kingdom Power Tailgate System Market, By Vehicle Type

  • Sedans
  • SUVs
  • Vans

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