Market Share of Automotive Automatic Liftgate Industry
Several key players, such as Magna International Inc., Faurecia SE, Plastic Omnium, Continental AG, and others, dominate the automotive automatic liftgate market. Factors like advanced technology, more use of sensors, growing investment in R&D projects, and a growing market of electric vehicles highly drive the market. To provide a more convenient experience for the car owner, major automotive automatic liftgate manufacturers are developing new technology for lighter and more convenient liftgates. For instance,
In October 2023, Tata Motor Ltd introduced the Tata Harrier Facelift in India. The new facelift model consists of the power liftgate. Through this launch, the company enhanced its safety and comfort features in its upcoming models.
In October 2023, STMicroelectronics N.V. introduced new automotive power-management ICs that simplify the design of car-body controllers for various components.
In March 2022, Jeep India introduced the Meridian SUV, an all-new 3-row SUV developed for the Indian market. The new models come with features such as a power liftgate.
Automotive Automatic Liftgate Market Leaders
Magna International Inc.
Faurecia SE
Plastic Omnium Group
Huf Hülsbeck & First GmbH & Co. KG
Continental AG
*Disclaimer: Major Players sorted in no particular order
