Automotive Power Closures Market Size

The global automotive power closures market size was valued at USD 9.4 billion in 2024 and is projected to grow at a CAGR of 6.8% between 2025 and 2034. The increasing demand for luxury and premium vehicles globally is driving the growth of the market. Consumers now expect advanced comfort and convenience features, making power closures standard in high-end vehicle segments

For instance, according to GMI, The luxury car market was valued at USD 14.3 billion in 2022 and is projected to grow at a CAGR of 10% from 2023 to 2032, driven by the increasing number of ultra-high-net-worth individuals and rising disposable incomes. Luxury automakers, particularly in North America, Europe, and emerging Asian markets with rising disposable incomes, are adopting sophisticated power closure systems as a key differentiator. These systems, once considered premium, are now essential in modern vehicle design, fueling market expansion and technological innovation.

Safety and ergonomic benefits are further accelerating the adoption of power closure systems. These mechanisms reduce physical effort for closing doors, trunks, and tailgates, improving accessibility for elderly and physically challenged users. Features such as soft-close technology, anti-pinch systems, and intelligent sensors enhance safety by minimizing risks during door operations. Automotive manufacturers are prioritizing user-friendly designs that emphasize passenger safety and convenience, making smooth, controlled, and secure closures a critical factor in vehicle design and consumer preferences.