GCC Countries Automotive Power Liftgate Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

The GCC countries' automotive power liftgate market is anticipated to grow at a significant CAGR of 13.2% during the forecast period (2022-2028). The rise in the demand for autonomous cars is anticipated to drive the growth of the GCC countries' automotive power liftgate market. For instance, in February 2022, Dubai's Road and Transport Authority (RTA) signed an agreement with the US firm Cruise to supply driverless vehicles which will operate as taxis. Dubai's RTA is anticipated to roll out driverless taxis in the Emirate in 2023 and is projected to reach 4000 by 2030. The Cruise cars are equipped with five -high-precision laser sensors that possess the capability to detect fixed and moving objects, 16 cameras, and 21 radars for safe autonomous driving. Also, in December 2021, Bayanat (Group 42) launched the trial of four driverless vehicles. Thus, Abu Dhabi is aiming to make 25.0% of all its transport completely driverless by 2030. Also, several features of the autonomous vehicle such as enhanced safety features, telematics, and more are anticipated to fuel the demand for GCC countries' automotive power liftgate market.

The rise in sales of electric vehicles is anticipated to drive the growth of the GCC countries' automotive power liftgate market. In Dubai, for instance, the total number of electric vehicles until the first quarter of 2021 reached 2,473, while the number of hybrid vehicles reached 6,106, thus making the total number of green vehicles registered in Dubai to 8,489 vehicles. Further, the number of electric government cars in Dubai reached 258, while the number of hybrid government cars reached 2,653. Thus, the rise in the sales of electric vehicles is projected to increase the need for sensors, which in turn will drive the growth of GCC countries' automotive power liftgate market.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Material Type
o By Vehicle Type

• Competitive Landscape- Brose Fahrzeugteile GmbH & Co.KG., Magna International Inc., Continental AG and Robert Bosch GmbH among others

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of GCC Countries Automotive Power Liftgate Market is available at:
https://orionmarketreports.com/gcc-countries-automotive-power-liftgate-market/108828/

GCC Countries Automotive Power Liftgate Market Report by Segment

By Type
• Conventional Power Liftgate
• Hands-free Power Liftgate

By Material Type
• Metal Power Liftgate
• Composite Power Liftgate

By Vehicle Type
• Passenger Cars
• Commercial Vehicles

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This release was published on openPR.