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Global Hands-free Power Liftgate Market Top Leading Players with Strategies and Forecast 2028

05-27-2022 01:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The hands-free power liftgate market is anticipated to grow at a significant CAGR of 7.6% during the forecast period (2022-2028). The user of a hands-free power liftgate may open or close the vehicle's liftgate with a simple kick movement of the foot. Waving your foot beneath the back bumper, between the exhaust pipe and the license plate, activates a hands-free electric liftgate. It comes with a sensor that allows you to operate the liftgate by moving your hands or legs. The market is anticipated to grow as demand for luxury automobiles grows, as it provides greater consumer convenience and comfort, as well as the integration of connectivity and innovative technologies in vehicles.
 
The global hands-free power liftgate market is segmented based on vehicle type, propulsion, and sales channel. Based on the vehicle type, the market is sub-segmented into passenger cars and commercial vehicles. Based on the propulsion, the market is sub-segmented into gasoline, diesel, and electric. Among these propulsions, the electric segment is expected to propel the growth of the market due to the increasing usage of electric hands-free power liftgates in passenger vehicles globally. Electric liftgates are easy to operate and are, therefore, heavily demanded in the latest vehicles. Based on the sales channel, the market is sub-segmented into OEM and aftermarkets.
 
The market players are also contributing significantly to the market's growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022, Tesla launched a new automatic electric trunk for Model 3 as an aftermarket offered directly at service centers. The product is currently only available in China.

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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Vehicle Type
By Propulsion
By Sales Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Aisin Corp., Autoease Technology Ltd., Brose Fahrzeugteile SE & Co. KG, Continental AG, Hi-Lex Corp., Johnson Holdings Ltd., Magna International Inc., Stabilus GmbH, and Woodbine Manufacturing Co. Inc., among others.

A full report is available at: https://orionmarketreports.com/global-hands-free-power-liftgate-market/110075/
 
Global Hands-free Power Liftgate  Market Report by Segment
By Vehicle Type
Passenger Vehicles
Commercial Vehicles
By Propulsion
Gasoline
Diesel
Electric
By Sales Channel
OEM
Aftermarkets

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?
Deviation from the pre-COVID-19 forecast
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?

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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