Thursday 19 January 2017

Global Automotive Power Tailgate System to grow at a CAGR of 11.72% during the period 2017 - 2021; Finds New Report

Global Automotive Power Tailgate System Market 2017 - 2021

Report forecast the global automotive power tailgate system to grow at a CAGR of 11.72% during the period 2017-2021.

A power tailgate system is a device that aids the opening and closing a car’s tailgate or boot lid automatically. The tailgate can be opened and closed by pressing a button in the dashboard, using a remote controller, or through gestures, which are tracked by sensors placed beneath the rear bumper. The system consists of mechatronic components that are enclosed in a power assembly comprising electric latches, component carriers, and closures for opening and closing of the tailgate.

The report covers the present scenario and the growth prospects of the global automotive power tailgate system market for 2017-2021. To calculate the market size, the report considers the overall volume of automotive passive keyless entry system.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

According to the report, the global automotive industry is becoming highly competitive through various developments and increasing the penetration rate of advanced driver-assisted safety technologies. In addition, the preference for security and convenience-enhancing features and functionalities is increasing among the consumers. The adoption rate of security and convenient systems such as passive keyless entry and power tailgate systems is increasing. OEMs are posing a tough challenge to each other by offering different security and convenient features as product differentiators in their vehicles. Competition is likely to intensify further owing to continuous innovations and technological advances in the global automotive industry.

Further, the report states that automotive OEMs are already under cost pressures due to dynamic regulatory pressures governing components within a vehicle, stringent emission norms, need for significant investments in R&D for advanced engine and transmission and their components, competition, and evolving customer demands. Hands-free tailgate access system is still in the nascent stage in the security and convenient segment. Therefore, it is still expensive for the OEMs to offer the same in entry level and lower-mid segment cars.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- http://www.technavio.com/report/global-automotive-electronics-global-automotive-power-tailgate-system-market-2017-2021

Global Automotive Power Tailgate System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive power tailgate system market: Brose, HUF, Johnson Electric, Mitsuba, and Stabilus

Other Prominent Vendors in the market are: Airplex, Power-Packer, Igarashi Electric works, and Autoease Technology

Market driver
  • Automakers using hands-free tailgate access as product differentiator
  • For a full, detailed list, view our report

Market challenge
  • Technical issues may result in low market uptake due to inconvenience
  • For a full, detailed list, view our report

Market trend
  • Virtual operation of tailgate system for hands-free access
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages and 21 Exhibits Global Automotive Power Tailgate System Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographic segmentation, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/3rK

Related Reports;

Global Electric Vehicle Battery Thermal Management System Market 2017-2021 - Visit at - http://mrr.cm/3rr

Global Automotive External Airbags Market 2017-2021 - Visit at - http://mrr.cm/3rH

No comments:

Post a Comment