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Opportunity Analysis and Industry Forecast, Hands free Power Liftgate Market Global Opportunity Analysis and Industry Forecast,

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Presentation on theme: "Opportunity Analysis and Industry Forecast, Hands free Power Liftgate Market Global Opportunity Analysis and Industry Forecast,"— Presentation transcript:

1 Opportunity Analysis and Industry Forecast, 2016-2023 Hands free Power Liftgate Market Global Opportunity Analysis and Industry Forecast, 2017-2023

2 “The features of hands free power liftgate, such as fast actuating sensing performance, high stability, and better reliability, make it suitable for personal usage in terms of safety and security.” According to a new report by Allied Market Research, titled, Hands-free power liftgate Market by Type and Application: Global Opportunities Analysis and Industry Forecast, 2017-2023, the global hands-free power liftgate market was valued at $ 1,069.06 million in 2016, and is projected to reach at $ 1,491 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. Read More @ https://www.alliedmarketresearch.com/hands-free-power-liftgate-market Hands-Free Power Liftgate Market Overview :-

3 Hands-free power liftgate is a back-door system, the user of the vehicle controls the liftgate/tailgate opening and closing by pressing a key located on the dashboard or handheld or remoting the key, or by using any object operation in the corresponding region of the liftgate. Hands free power liftgate market is expected to reach $1,491 Million by 2023, owing to rise in demand for sensors and electronic based components in the vehicle. The hands-free power liftgate includes fully automatic and semi- automatic on the basis of type. The luxury vehicles are equipped with high safety and advanced features which requires sensor based technology inside the vehicle. This in result, drives the demand for hands free power liftgate in the market. In 2016, Asia-Pacific was the highest contributor, in terms of revenue, in hands free power liftgate market. In addition, semi-automatic has contributed significant revenue to the market, majorly from the rest of Asia-Pacific. Furthermore, the Passenger car segment is anticipated to witness the highest growth rate during the forecast period, due to higher sales of passenger vehicle across various developed and developing nations. Hands-Free Power LiftgateMarket Overview :-

4 HANDS-FREE POWER LIFTGATE MARKET TOP IMPACTING FACTORS Top Impacting Factors :-

5 Increase in demand for sensor and electronic based components or devices in the vehicle. Increase in the demand for sensor and electronic based components such as actuators, rear sensor electronic unit etc. are fueling the demand for smart and connected cars. This in turn improves the quality of product, sensing mechanism for the proper functioning. A rise in spending on luxury vehicles around the globe. The strengthening economy and, increasing purchasing power, drives the demand for luxury vehicle in the market. The features such as autonomous vehicle, enhanced safety features, telematics, and many more, fuels the demand. Top Impacting Factors :-

6 High configuration cost and degradation of sensing mechanism. Components like sensors, actuators and other electronic units that assembled in single dielectric plate ` results into higher price, which ultimately increases the overall manufacturing cost of the product. Irregular maintenance and poor way of handling will degrade the quality of sensing mechanism such parameters restrict the adoption of hands free power liftgate market. Top Impacting Factors :-

7 Market Segmentation :- By Type By Application By Geography Hands-free power liftgate Market Key Segments:

8 Key Benefits:- 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. Hands Free Power Liftgate Market key Benefits :-

9 Key Findings of the Hands-free Power Liftgate Market: The semi-automatic segment accounted for the highest share in 2016, growing at a CAGR of 4.6% from 2017 to 2023. Passenger cars application generated the highest revenue, accounting for $789.64 million in 2016. Asia pacific is expected to dominate the market, in terms of market share, during the forecast period. Market key Findings :-

10 Major Key Players:-  Aisin Seiko co.ltd  Autoease Technology  Brose Fahrzeugteile GmbH & Co.KG  Faurecia SA  Grupo Antolin Irausa S.A  Huf Hlsbeck & Frst GmbH & Co. KG  Johnson electric  Magna International Inc.,  Stabilus GmbH  tommygate. Get Sample Copy For More Information:- https://www.alliedmarketresearch.com/request-sample/4089 Profiled Key Market Players:-

11 Follow Us On Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/press-release/hands- free-power-liftgate-market.html


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