[Start of Market Research Report Handling] Global Market Report on Power Tailgate Systems 2024

The power tailgate system market is expected to experience strong growth in the coming years, reaching \$4.51 billion by 2028 with a CAGR of 9.0%. The anticipated growth during the forecast period is attributed to the expansion of electric vehicle adoption, advancements in vehicle electrification and hybridization, increasing acceptance of electric and hybrid vehicles, rising demand for automation, and the integration of smart features. Key trends expected during this period include the incorporation of artificial intelligence (AI), innovative automotive technologies, advancements in vehicle sensors, developments in electric motor technology, and breakthroughs in drivetrain technology.
The increasing demand for electric vehicles is expected to drive the growth of the power tailgate system market in the future. Electric vehicles are defined as vehicles that are fully powered by electric energy stored in batteries or utilize a combination of an internal combustion engine and an electric motor.
■ Issued by
The Business Research Company

Inquiry about this news
Contact Us OnlineMore Details & Registration
Details & Registration