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Smart Tailgate Market Share

Report ID: GMI12885 Published Date: December 2024Report Format: PDF
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Smart Tailgate Market Share

Smart Tailgate Company Market Share, 2024

Magna and Bosch hold a market share of around 15% in the smart tailgate industry. Magna, a leading automotive supplier, focuses on integrating advanced technologies such as hands-free, powered, and automated tailgate systems to enhance vehicle convenience and safety. The company invests heavily in research and development to create high-quality, cost-effective solutions for a broad range of vehicle types, from luxury cars to mass-market models. Magna also partners with major automakers to incorporate smart tailgates into their offerings, further broadening its reach.

Bosch emphasizes integrating its smart tailgate technology with other vehicle systems, such as sensors and software, to improve functionality and user experience. Bosch also focuses on sustainability, offering energy-efficient solutions to meet the growing demand for eco-friendly vehicles, especially electric ones. Both companies' strategies revolve around providing technologically advanced, reliable, and user-friendly systems, ensuring they stay competitive in the growing market.

Smart Tailgate Market Companies

Major players operating in the smart tailgate industry include:

  • Aisin Seiki
  • Aptiv
  • Bosch
  • Continental
  • Ficosa
  • Hella
  • Johnson
  • Lear
  • Magna
  • Stabilus
Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

Who are the major players in the smart tailgate market?+

The key players in the industry include Aisin Seiki, Aptiv, Bosch, Continental, Ficosa, Hella, Johnson, Lear, Magna, and Stabilus.

How much is the U.S. smart tailgate industry worth?+

The U.S. market accounted for 80% of the revenue share in 2024, led by the popularity of outdoor activities and the increasing adoption of SUVs and crossovers for recreational purposes.

Why is the demand for electric smart tailgates rising?+

The electric smart tailgate segment held a 56% market share in 2024 and is expected to grow as these tailgates offer hands-free functionality, enhancing user experience and aligning with the trend for smart, connected vehicles.

How big is the smart tailgate market?+

The market size of smart tailgate reached USD 4.1 billion in 2024 and is set to grow at a CAGR of 8.5% from 2025 to 2034, driven by increasing demand for convenience and automation in vehicles.

Smart Tailgate Market Scope

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