Automotive Tailgate Market Size, Share, Growth Analysis, By Type(Hydraulic/Manual Operated, and Power Operated), By Vehicle type(Passenger Vehicle, and Commercial Vehicle), By Region - Industry Forecast 2024-2031

Global Automotive Tailgate Market size was valued at USD 33.63 billion in 2022 and is poised to grow from USD 35.58 billion in 2023 to USD 55.86 billion by 2031, growing at a CAGR of 5.80% during the forecast period (2024-2031).

The global automotive tailgate market plays a crucial role in the automotive industry, serving as a pivotal component of vehicles' exterior design and functionality. Tailgates are essential parts of trucks, SUVs, and hatchback vehicles, offering access to cargo spaces and providing protection to the rear compartment. This market's growth is influenced by factors such as increasing vehicle production, consumer preference for enhanced aesthetics, and advancements in tailgate technologies. Rising global vehicle sales, especially in emerging economies, continue to drive the demand for automotive tailgates. Commercial vehicles, in particular, contribute significantly to this market due to their extensive use in transportation and logistics.

Moreover, the growing inclination towards SUVs and crossovers has led to a surge in demand for power-operated tailgates, integrating convenience and modernity. Innovation in tailgate design and functionality also contributes to market expansion. Manufacturers are focusing on incorporating features like hands-free operation, smart sensors, and advanced locking systems to enhance user experience and vehicle security. Furthermore, lightweight materials such as aluminum and composite plastics are being utilized to improve fuel efficiency and reduce overall vehicle weight. Environmental regulations and fuel efficiency concerns are encouraging automotive manufacturers to invest in aerodynamic tailgate designs that minimize drag and improve vehicle efficiency. This emphasis on sustainability is pushing the market towards innovative tailgate solutions that align with these goals.

US Automotive Tailgate Market is poised to grow at a sustainable CAGR for the next forecast year.