Portland, OR -- (SBWire) -- 06/01/2018 --The global hands-free power liftgate market was valued at $1,069.06 million in 2016, and is projected to reach $1,490.96 million by 2023, registering a CAGR of 5.0% from 2017 to 2023. Hands-free power liftgate offers features such as intelligent anti-trap, height memory function and others. The global hands-free power liftgate market is expected to witness significant growth in the future, owing to increase in spending of luxury vehicles.

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Asia-Pacific was the highest contributor to the global market, with $342.10 million in 2016, and is estimated to reach $511.40 million by 2023, registering a CAGR of 6.1% during forecast period, due to the owing to the increase in demand for sensors and electronic devices/components in the field of automotive sectors.

The report segments the hands-free power liftgate market on the basis of type, application, and geography. Based on type, the market is categorized as fully automatic and semi-automatic. According to application, it is fragmented into Passenger Cars and Commercial Vehicle. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the hands-free power liftgate market are Aisin Seiko co., ltd, Autoease Technology, Brose Fahrzeugteile GmbH & Co.KG, Faurecia SA, Grupo Antolin Irausa S. A, Huf Hülsbeck & Fürst GmbH & Co. KG, Johnson electric, Magna International Inc., Stabilus GmbH, tommygate.

KEY BENEFITS FOR STAKEHOLDERS

- This report provides an extensive analysis of the current & emerging market trends and dynamics in the global hands-free power liftgate market.
- In-depth analysis is carried out by constructing market estimations for key market segments between 2016 and 2023.
- This report entails a detailed quantitative analysis of the current trends and future estimations from 2016 to 2023, which helps to identify the prevailing market opportunities.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.

KEY MARKET SEGMENTS

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By Type

- Fully Automatic
- Semi-automatic

By Application

- Passenger Cars.
- Commercial Vehicle.

By Geography

- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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Table Of Content

- CHAPTER 1: INTRODUCTION
- CHAPTER 2: EXECUTIVE SUMMARY
- CHAPTER 3: MARKET OVERVIEW
- CHAPTER 4: HANDS-FREE POWER LIFTGATE MARKET BY TYPE
- CHAPTER 5: HANDS-FREE POWER LIFTGATE MARKET BY APPLICATION
- CHAPTER 6: HANDS-FREE POWER LIFTGATE MARKET BY REGION
- CHAPTER 7: COMPANY PROFILES

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