Automatic Lift Gates Market - Introduction
Automatic lift gates are an upgraded version of the mechanical or conventional lift gates used in vehicles. Automatic lift gates are used vehicles to load and unload moderate to heavy loads in vehicles. These lift gates can be button operated, sensor operated, or operated remotely. This provides easy, safe, and efficient ways to load and unload vehicle with minimal human efforts. The lift gate comprises electronic actuators that hydraulically lift the racks used for the lift gates.
The global automatic lift gates market is expected to expand owing to the increasing adoption of mobility and advanced technologies in the automotive industry. Rise in demand and adoption of improved and advance technology vehicles is anticipated to boost the demand for automatic lift gates. Rise in deployment of safety systems in automobiles is also projected to drive the incorporation of automatic lift gates in the next few years. Automatic lift gates can be operated single handedly, as their operation is triggered with the help of gestures, tap, or push-button. Lift gates differ from power tailgates as lift gates are pulled up, while the tailgates drop downwards.
Global Automatic Lift Gates Market – Competitive Landscape
MAXON Lift Corp
MAXON Lift Corp was founded in 1957, and is presently based in Santa Fe Springs, California, U.S. The company specializes in providing lift gates across North America and Latin America. The company offers various types of lift gates such as light weight lift gates, rail lift, and conventional lift gates.
Anthony Liftgates, Inc
Anthony Liftgates, Inc. founded in 1941 and presently based in Pontiac, Illinois, U.S., engages in the manufacture of lift gates for trucks and pickups. The company manufactures lift gates that enable the loading and unloading of moderate and heavy loads in vehicles with the help of electric motors.
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WOODBINE MANUFACTURING CO. INC.
WOODBINE MANUFACTURING CO. INC. was founded in 1965 and is currently based in Woodbine, Iowa, U.S. The company operates and sells its product through over 800 dealers located in five regions across the globe. The company provides products and services for lift gates that are used in passenger vehicles and commercial vehicles.
Continental AG was founded in 1871, and currently has its headquarters in Hanover, Germany. Continental AG is a leading supplier of components in the automobile industry. The company operates through two major groups: automotive group and rubber group, which is further divided into various business verticals such as powertrain, chassis & safety, interior, tires and services. The company has a global presence and operates through several locations spread across the Americas, Africa, Europe, and Middle East & Africa.
Global Automatic Lift Gates Market – Dynamics
Rising demand for technologically advanced vehicles
Rising demand for technologically advanced vehicles is major factor driving the automatic lift gates market. Vehicles are equipped with several systems that ease and reduce the efforts of humans using electronic systems or components. Presently, vehicles are equipped with various electric power operated systems to increase the efficiency, safety, and security. Power window, power doors, automatic lift gates, power tailgates and several other systems reduce human effort and provides a higher level of safety at the touch of a button, as compared to that offered by other conventional systems. Vehicles are becoming safer and more secure, which enhances the safety of the driver and vehicles. This is a key factor that is estimated to drive the automatic lift gates market during the forecast period.
Increase in demand for electric vehicles
Demand for electric vehicles has been rising in the last few years, as customers are more concerned about the environment and also due to the changing norms of governments regarding petrol and diesel operated vehicles. Electric vehicles are equipped with latest and improved technologies, which is projected to propel the demand for automatic lift gates during the forecast period. These vehicles are equipped with latest technologies to reduce human efforts and save time of operation, which in turn is estimated to drive the automatic lift gate market in the near future.
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Global Automatic Lift Gates Market – Segmentation
The global automatic lift gates market can be segmented based on:
- Vehicle Type
Global Automatic Lift Gates Market – By Vehicle Type
Based on vehicle type, the global automatic lift gates market can be classified into:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Automatic Lift Gates Market – By Technology
Based on technology, the global automatic lift gates market can be split into:
- Push Button
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