Automotive Liftgate Market size will foresee substantial growth due to high usage of product in automobile industry. It is a major element of all the van, minivan, trucks and cross over automobiles to protect, load and unload cargo from falling and safety of vehicle.

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Global Automotive Liftgate Market Size, Industry Analysis
Report, Regional Outlook by 2024: Global Market Insights
Inc.

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 Automotive Liftgate Market size will foresee substantial growth due to high usage of
product in automobile industry.
 It is a major element of all the van, minivan, trucks and cross over automobiles to protect,
load and unload cargo from falling and safety of vehicle.
 Transportation infrastructure investment is projected to rise at over 4% in near future,
efficient connectivity and flexibility in mobilization has drove the demand.
 Road will remain biggest investment area in the forecast time, this is due to rise in
propensity and vehicle ownership in all the countries.
 Urbanization, digitalization and trend towards larger fleets has surged demand for heavy
vehicles therefore positively influenced automotive liftgate market.
Key Insights from Automotive Liftgate Market :

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 Automotive Liftgate Market is available in two types including, metals and composites
material.
 Composites accounts for higher market share due to its light weight property. Based on
its types they are bifurcated into conventional, rail type, side loader and tuck away.
 Convectional gateways are most functional due to its high storage capacity and light
weight. They are used in various applications such as trucks, SUV, van and minivan.
 Europe is highly flourishing region for the product, it manufacturers highest number of
trucks in the world. It hosts many big truck manufacturing companies such as Mercedes,
Invesco and Grebe.
 Its focus in on manufacturing superior quality product that are efficient, secure and
environment friendly. With increasing demand and manufacturing of trucks, automotive
liftgate market is simultaneously growing.
Continued...

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 North America dominated by the U.S. produces largest number of SUV’s worldwide.
SUV’s are considered light trucks in the country, they are regulated less strictly. Light
trucks in the region is highly used for carrying goods and heavy commodities.
 Rising demand and investment on SUV’s has propelled growth of automotive liftgate
market.
 Key manufacturers in automotive liftgate market are HIAB, Says Group, Pal finger, Zero,
Fiat Chrysler, General Motors Company, Magna International, Plastic Omnia Group,
Toyota Corporation and Honda Motor Company.
 HIAB expands customer service centers in Israel in 2016. Objective of expansion was to
boost a brand-new installation workshop and separate customer service center. Their
focus was to offer increased capacity, efficiency, and a better customer focus to service
clients in a business that is growing rapidly. Customer fulfilment and expanding global
footprint is the focus for the company.
Continued...

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