Europe Power Liftgate Market By Vehicle Type (USD Million)

Year PASSENGER COMMERCIAL VEHICLE
2017 $ 476.6 $ 89.5
2018 $ 507.5 $ 94.3
2019 $ 540.6 $ 99.4
2020 $ 577.0 $ 105.0
2021 $ 617.1 $ 111.1
2022 $ 660.6 $ 117.7
2023 $ 710.2 $ 125.2
2024 $ 763.7 $ 133.2
2025 $ 821.3 $ 141.8
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Europe Power Liftgate Market By Vehicle Type (USD Million)

Synopsis
The above chart is Europe Power Liftgate Market By Vehicle Type (USD Million)

Market Dynamics

the european power liftgate market by vehicle type is witnessing a high demand due to the increasing preference for convenience and advanced technology in the automotive industry. power liftgates, also known as power tailgates or hands-free liftgates, are automatic doors that use electric motors to open and close the rear hatch or door of a vehicle. they are controlled by various methods, such as a button on the key fob, a button inside the vehicle, or simply by waving a foot under the rear bumper. there is a growing demand for power liftgates in europe, especially in the luxury and premium car segment. this can be attributed to the increasing disposable income, changing lifestyle, and rising demand for high-end features in vehicles. apart from luxury vehicles, power liftgates are also gaining popularity in the suv and mpv segments, which are witnessing a steady growth in the market. one of the factors driving the growth of the power liftgate market in europe is the increasing focus on safety and convenience. power liftgates eliminate the need for manual effort to open or close the rear hatch, making it easier for drivers with disabilities or elderly people to access the trunk of their vehicle. moreover, it reduces the risk of injury or strain that can be caused by lifting heavy items in and out of the vehicle. another factor contributing to the demand for power liftgates in europe is the increasing adoption of advanced technology in the automotive industry. power liftgates are equipped with sensors and electronic controls that detect the presence of the key fob, foot or hand gesture, and open the hatch automatically. this advanced technology is not only convenient for drivers but also enhances the overall driving experience. furthermore, the demand for power liftgates is also driven by the rising need for fuel-efficient vehicles. power liftgates are designed to be lightweight and aerodynamic, which helps in reducing the overall weight of the vehicle and improving its fuel efficiency. this is a significant factor for consumers who are conscious about reducing their carbon footprint and want to contribute towards a greener environment. in conclusion, the european power liftgate market by vehicle type is witnessing a surge in demand, driven by factors such as increasing focus on safety and convenience, adoption of advanced technology, and rising need for fuel-efficient vehicles. as technology continues to advance, we can expect to see more innovative features and designs in power liftgates, making them an essential feature in modern-day vehicles.

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