Power Liftgate Market was valued at USD 3.75 Bn in 2021 and is expected to reach at USD 6.90 Bn by 2029 at a CAGR of 7.9 % over forecast period 2022-2029.To know about the Research Methodology :- Request Free Sample Report The report covers an in depth analysis of COVID 19 pandemic impact on Global Power Liftgate Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Power Liftgate Market Dynamics
A powered liftgate is a system in automobile in which opening or closing of the liftgate is inhibited if the vehicle is positioned too close to an obstruction for unobstructed movement of the liftgate. The present invention relates to automotive vehicles having an upwardly opening liftgate for providing access to the rear of the vehicle, and more particularly to a vehicle having a power-driven mechanism for opening the liftgate. Various factors such as growing need to improve passenger comfort and convenience, rise in sale of e-vehicles, growing demand for autonomous and semi-autonomous vehicles, rising adoption hand-free power liftgate technology from automotive sector are driving the power liftgate market over forecast period. However, factors such as strict vehicle safety regulations, component reliability issues, and high costs associated with the development of the power liftgate are restraining the market growth over forecast period. Global Power Liftgate Market is segmented by system type, vehicle type, by sales channel and by Region. By System type, the hands free power liftgate held 57.54% of market share in 2019 and is expected to keep its dominance over forecast period. These Liftgates are used with the help of power hydraulic mechanism to reduce the human efforts to lift the heavy objectives in the trucks within less time. Hand free power liftgate include precise way of latch locking and does not show any indication of proper latching on dashboard panel; therefore, the adaptation of hands free power liftgate is expected to increasing over forecast period. By vehicle, passenger vehicle segment is expected to dominate the global market with xx% of market share over forecast period. Various factors such as increasing purchasing power, strengthening economies are driving the demand for passenger vehicles. Thus, rise in spending on passenger vehicles around the globe is expected to drive the market growth of this segment over forecast period. By geography, Asia Pacific dominated the global market with xx% of market share in 2019 and is expected to keep its dominance over forecast period. An increasing disposable income of the middle class population in the region along with high living standards and increasing automobile sales. Moreover, many OEMs in this region are aiming to provide advanced technology systems in vehicles, which is driving the market growth of this segment over forecast period. APAC is followed by Europe and North America. Europe is expected to hold xx% of market share over forecast period due to the large number of automobile manufacturers in the region. Growing demand for smart, adaptive and self-controlling power liftgate, from developed economies such as France, U.K., Germany and Spain are creating lucrative opportunities for the market. Report covers in depth analysis of key development, marketing strategies, value chain, supply chain and company profiles of market leaders, potential players and new entrants. The market is consolidated by players such as Aisin Seiko co., ltd, (Japan), Brose Fahrzeugteile GmbH & Co. KG (Germany), Faurecia SA (France), Grupo Antolin Irausa S.A, (Spain), Huf Hülsbeck & Fürst GmbH & Co. KG. (Germany) and Johnson electric (China). These players accounted more than 70% of market share in 2019. These key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, collaborations, strategic alliances, expansion, joint ventures, new product launches, patent and diversification to increase regional presence and business opeartions. The objective of the report is to present a comprehensive analysis of the Global Power Liftgate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Power Liftgate Market dynamics, structure by analyzing the market segments and project Global Power Liftgate Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Power Liftgate Market make the report investor’s guide.Power Liftgate Market Scope: Inquire before buying
Power Liftgate Market by System Type
• Conventional • Hands-Free Power LiftgatePower Liftgate Market by Vehicle Type
• Passenger Car • Commercial Vehicle • Heavy VehiclesPower Liftgate Market by Sales Channel
• OEM • AftermarketPower Liftgate Market by Region
• North America • Europe • Asia-Pacific • MEA& Africa • South AmericaPower Liftgate Market Major Market players
• Aisin Seiko co., ltd, (Japan) • Brose Fahrzeugteile GmbH & Co. KG (Germany) • Faurecia SA (France) • Grupo Antolin Irausa S.A, (Spain) • Huf Hülsbeck & Fürst GmbH & Co. KG. (Germany) • Johnson electric (China) • Magna International Inc., (Canada) • Stabilus GmbH (Germany) • Woodbine Manufacturing Co. Inc. (Tommy Gate) (US) • STRATTEC (US) • Robert Bosch GmbH (Germany) • Continental AG (Germany) • Stabilus GmbH • HI-LEX Corporation • VOXX Electronics Corp • Powder-Packer Corp • Autoease Technology Frequently Asked Questions: 1. What is the growth rate of Global Power Liftgate Market? Ans: The Global Power Liftgate Market is growing at a CAGR of 7.9% during forecasting period 2022-2029. 2. What is scope of the Global Power Liftgate market report? Ans: Global Power Liftgate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 3. Who are the key players in Global Power Liftgate market? Ans: The important key players in the Global Power Liftgate Market are – Aisin Seiko co., ltd, (Japan), Brose Fahrzeugteile GmbH & Co. KG (Germany), Faurecia SA (France), Grupo Antolin Irausa S.A, (Spain), Huf Hülsbeck & Fürst GmbH & Co. KG. (Germany), Johnson electric (China), Magna International Inc., (Canada), Stabilus GmbH (Germany), Woodbine Manufacturing Co. Inc. (Tommy Gate) (US), STRATTEC (US), Robert Bosch GmbH (Germany), Continental AG (Germany), Stabilus GmbH, HI-LEX Corporation, VOXX Electronics Corp, Powder-Packer Corp, and Autoease Technology 4. What is the study period of this market? Ans: The Global Power Liftgate Market is studied from 2021 to 2029.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.2. Secondary data 2.3.3. Secondary Sources 2.3.4. Primary Research 2.3.5. Data from Primary Sources 2.3.6. Breakdown of Primary Sources 3. Executive Summary: Global Power Liftgate Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Power Liftgate Market Analysis and Forecast 6.1. Global Power Liftgate Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Power Liftgate Market Analysis and Forecast, By System Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Power Liftgate Market Value Share Analysis, By System Type 7.4. Global Power Liftgate Market Size (US$ Bn) Forecast, By System Type 7.5. Global Power Liftgate Market Analysis, By System Type 7.6. Global Power Liftgate Market Attractiveness Analysis, By System Type 8. Global Power Liftgate Market Analysis and Forecast, By Vehicle Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Power Liftgate Market Value Share Analysis, By Vehicle Type 8.4. Global Power Liftgate Market Size (US$ Bn) Forecast, By Vehicle Type 8.5. Global Power Liftgate Market Analysis, By Vehicle Type 8.6. Global Power Liftgate Market Attractiveness Analysis, By Vehicle Type 9. Global Power Liftgate Market Analysis and Forecast, by Sales Channel 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Power Liftgate Market Value Share Analysis, by Sales Channel 9.4. Global Power Liftgate Market Size (US$ Bn) Forecast, by Sales Channel 9.5. Global Power Liftgate Market Analysis, by Sales Channel 9.6. Global Power Liftgate Market Attractiveness Analysis, by Sales Channel 10. Global Power Liftgate Market Analysis, by Region 10.1. Global Power Liftgate Market Value Share Analysis, by Region 10.2. Global Power Liftgate Market Size (US$ Bn) Forecast, by Region 10.3. Global Power Liftgate Market Attractiveness Analysis, by Region 11. North America Power Liftgate Market Analysis 11.1. Key Findings 11.2. North America Power Liftgate Market Overview 11.3. North America Power Liftgate Market Value Share Analysis, By System Type 11.4. North America Power Liftgate Market Forecast, By System Type 11.4.1. Conventional 11.4.2. Hands-Free Power Liftgate 11.5. North America Power Liftgate Market Value Share Analysis, By Vehicle Type 11.6. North America Power Liftgate Market Forecast, By Vehicle Type 11.6.1. Passenger Car 11.6.2. Commercial Vehicle 11.6.3. Heavy Vehicles 11.7. North America Power Liftgate Market Value Share Analysis, by Sales Channel 11.8. North America Power Liftgate Market Forecast, by Sales Channel 11.8.1. OEM 11.8.2. Aftermarket 11.9. North America Power Liftgate Market Value Share Analysis, by Country 11.10. North America Power Liftgate Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Power Liftgate Market Analysis, by Country 11.12. U.S. Power Liftgate Market Forecast, By System Type 11.12.1. Conventional 11.12.2. Hands-Free Power Liftgate 11.13. U.S. Power Liftgate Market Forecast, By Vehicle Type 11.13.1. Passenger Car 11.13.2. Commercial Vehicle 11.13.3. Heavy Vehicles 11.14. U.S. Power Liftgate Market Forecast, by Sales Channel 11.14.1. OEM 11.14.2. Aftermarket 11.15. Canada Power Liftgate Market Forecast, By System Type 11.15.1. Conventional 11.15.2. Hands-Free Power Liftgate 11.16. Canada Power Liftgate Market Forecast, By Vehicle Type 11.16.1. Passenger Car 11.16.2. Commercial Vehicle 11.16.3. Heavy Vehicles 11.17. Canada Power Liftgate Market Forecast, by Sales Channel 11.17.1. OEM 11.17.2. Aftermarket 11.18. North America Power Liftgate Market Attractiveness Analysis 11.18.1. By System Type 11.18.2. By Vehicle Type 11.18.3. By Sales Channel 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Development 12. Europe Power Liftgate Market Analysis 12.1. Key Findings 12.2. Europe Power Liftgate Market Overview 12.3. Europe Power Liftgate Market Value Share Analysis, By System Type 12.4. Europe Power Liftgate Market Forecast, By System Type 12.4.1. Conventional 12.4.2. Hands-Free Power Liftgate 12.5. Europe Power Liftgate Market Value Share Analysis, By Vehicle Type 12.6. Europe Power Liftgate Market Forecast, By Vehicle Type 12.6.1. Passenger Car 12.6.2. Commercial Vehicle 12.6.3. Heavy Vehicles 12.7. Europe Power Liftgate Market Value Share Analysis, by Sales Channel 12.8. Europe Power Liftgate Market Forecast, by Sales Channel 12.8.1. OEM 12.8.2. Aftermarket 12.9. Europe Power Liftgate Market Value Share Analysis, by Country 12.10. Europe Power Liftgate Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Power Liftgate Market Analysis, by Country 12.12. Germany Power Liftgate Market Forecast, By System Type 12.12.1. Conventional 12.12.2. Hands-Free Power Liftgate 12.13. Germany Power Liftgate Market Forecast, By Vehicle Type 12.13.1. Passenger Car 12.13.2. Commercial Vehicle 12.13.3. Heavy Vehicles 12.14. Germany Power Liftgate Market Forecast, by Sales Channel 12.14.1. OEM 12.14.2. Aftermarket 12.15. U.K. Power Liftgate Market Forecast, By System Type 12.15.1. Conventional 12.15.2. Hands-Free Power Liftgate 12.16. U.K. Power Liftgate Market Forecast, By Vehicle Type 12.16.1. Passenger Car 12.16.2. Commercial Vehicle 12.16.3. Heavy Vehicles 12.17. U.K. Power Liftgate Market Forecast, by Sales Channel 12.17.1. OEM 12.17.2. Aftermarket 12.18. France Power Liftgate Market Forecast, By System Type 12.18.1. Conventional 12.18.2. Hands-Free Power Liftgate 12.19. France Power Liftgate Market Forecast, By Vehicle Type 12.19.1. Passenger Car 12.19.2. Commercial Vehicle 12.19.3. Heavy Vehicles 12.20. France Power Liftgate Market Forecast, by Sales Channel 12.20.1. OEM 12.20.2. Aftermarket 12.21. Italy Power Liftgate Market Forecast, By System Type 12.21.1. Conventional 12.21.2. Hands-Free Power Liftgate 12.22. Italy Power Liftgate Market Forecast, By Vehicle Type 12.22.1. Passenger Car 12.22.2. Commercial Vehicle 12.22.3. Heavy Vehicles 12.23. Italy Power Liftgate Market Forecast, by Sales Channel 12.23.1. OEM 12.23.2. Aftermarket 12.24. Spain Power Liftgate Market Forecast, By System Type 12.24.1. Conventional 12.24.2. Hands-Free Power Liftgate 12.25. Spain Power Liftgate Market Forecast, By Vehicle Type 12.25.1. Passenger Car 12.25.2. Commercial Vehicle 12.25.3. Heavy Vehicles 12.26. Spain Power Liftgate Market Forecast, by Sales Channel 12.26.1. OEM 12.26.2. Aftermarket 12.27. Rest of Europe Power Liftgate Market Forecast, By System Type 12.27.1. Conventional 12.27.2. Hands-Free Power Liftgate 12.28. Rest of Europe Power Liftgate Market Forecast, By Vehicle Type 12.28.1. Passenger Car 12.28.2. Commercial Vehicle 12.28.3. Heavy Vehicles 12.29. Rest of Europe Power Liftgate Market Forecast, by Sales Channel 12.29.1. OEM 12.29.2. Aftermarket 12.30. Europe Power Liftgate Market Attractiveness Analysis 12.30.1. By System Type 12.30.2. By Vehicle Type 12.30.3. By Sales Channel 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Development 13. Asia Pacific Power Liftgate Market Analysis 13.1. Key Findings 13.2. Asia Pacific Power Liftgate Market Overview 13.3. Asia Pacific Power Liftgate Market Value Share Analysis, By System Type 13.4. Asia Pacific Power Liftgate Market Forecast, By System Type 13.4.1. Conventional 13.4.2. Hands-Free Power Liftgate 13.5. Asia Pacific Power Liftgate Market Value Share Analysis, By Vehicle Type 13.6. Asia Pacific Power Liftgate Market Forecast, By Vehicle Type 13.6.1. Passenger Car 13.6.2. Commercial Vehicle 13.6.3. Heavy Vehicles 13.7. Asia Pacific Power Liftgate Market Value Share Analysis, by Sales Channel 13.8. Asia Pacific Power Liftgate Market Forecast, by Sales Channel 13.8.1. OEM 13.8.2. Aftermarket 13.9. Asia Pacific Power Liftgate Market Value Share Analysis, by Country 13.10. Asia Pacific Power Liftgate Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Power Liftgate Market Analysis, by Country 13.12. China Power Liftgate Market Forecast, By System Type 13.12.1. Conventional 13.12.2. Hands-Free Power Liftgate 13.13. China Power Liftgate Market Forecast, By Vehicle Type 13.13.1. Passenger Car 13.13.2. Commercial Vehicle 13.13.3. Heavy Vehicles 13.14. China Power Liftgate Market Forecast, by Sales Channel 13.14.1. OEM 13.14.2. Aftermarket 13.15. India Power Liftgate Market Forecast, By System Type 13.15.1. Conventional 13.15.2. Hands-Free Power Liftgate 13.16. India Power Liftgate Market Forecast, By Vehicle Type 13.16.1. Passenger Car 13.16.2. Commercial Vehicle 13.16.3. Heavy Vehicles 13.17. India Power Liftgate Market Forecast, by Sales Channel 13.17.1. OEM 13.17.2. Aftermarket 13.18. Japan Power Liftgate Market Forecast, By System Type 13.18.1. Conventional 13.18.2. Hands-Free Power Liftgate 13.19. Japan Power Liftgate Market Forecast, By Vehicle Type 13.19.1. Passenger Car 13.19.2. Commercial Vehicle 13.19.3. Heavy Vehicles 13.20. Japan Power Liftgate Market Forecast, by Sales Channel 13.20.1. OEM 13.20.2. Aftermarket 13.21. ASEAN Power Liftgate Market Forecast, By System Type 13.21.1. Conventional 13.21.2. Hands-Free Power Liftgate 13.22. ASEAN Power Liftgate Market Forecast, By Vehicle Type 13.22.1. Passenger Car 13.22.2. Commercial Vehicle 13.22.3. Heavy Vehicles 13.23. ASEAN Power Liftgate Market Forecast, by Sales Channel 13.23.1. OEM 13.23.2. Aftermarket 13.24. Rest of Asia Pacific Power Liftgate Market Forecast, By System Type 13.24.1. Conventional 13.24.2. Hands-Free Power Liftgate 13.25. Rest of Asia Pacific Power Liftgate Market Forecast, By Vehicle Type 13.25.1. Passenger Car 13.25.2. Commercial Vehicle 13.25.3. Heavy Vehicles 13.26. Rest of Asia Pacific Power Liftgate Market Forecast, by Sales Channel 13.26.1. OEM 13.26.2. Aftermarket 13.27. Asia Pacific Power Liftgate Market Attractiveness Analysis 13.27.1. By System Type 13.27.2. By Vehicle Type 13.27.3. By Sales Channel 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Development 14. Middle East & Africa Power Liftgate Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Power Liftgate Market Overview 14.3. Middle East & Africa Power Liftgate Market Value Share Analysis, By System Type 14.4. Middle East & Africa Power Liftgate Market Forecast, By System Type 14.4.1. Conventional 14.4.2. Hands-Free Power Liftgate 14.5. Middle East & Africa Power Liftgate Market Value Share Analysis, By Vehicle Type 14.6. Middle East & Africa Power Liftgate Market Forecast, By Vehicle Type 14.6.1. Passenger Car 14.6.2. Commercial Vehicle 14.6.3. Heavy Vehicles 14.7. Middle East & Africa Power Liftgate Market Value Share Analysis, by Sales Channel 14.8. Middle East & Africa Power Liftgate Market Forecast, by Sales Channel 14.8.1. OEM 14.8.2. Aftermarket 14.9. Middle East & Africa Power Liftgate Market Value Share Analysis, by Country 14.10. Middle East & Africa Power Liftgate Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Power Liftgate Market Analysis, by Country 14.12. GCC Power Liftgate Market Forecast, By System Type 14.12.1. Conventional 14.12.2. Hands-Free Power Liftgate 14.13. GCC Power Liftgate Market Forecast, By Vehicle Type 14.13.1. Passenger Car 14.13.2. Commercial Vehicle 14.13.3. Heavy Vehicles 14.14. GCC Power Liftgate Market Forecast, by Sales Channel 14.14.1. OEM 14.14.2. Aftermarket 14.15. South Africa Power Liftgate Market Forecast, By System Type 14.15.1. Conventional 14.15.2. Hands-Free Power Liftgate 14.16. South Africa Power Liftgate Market Forecast, By Vehicle Type 14.16.1. Passenger Car 14.16.2. Commercial Vehicle 14.16.3. Heavy Vehicles 14.17. South Africa Power Liftgate Market Forecast, by Sales Channel 14.17.1. OEM 14.17.2. Aftermarket 14.18. Rest of Middle East & Africa Power Liftgate Market Forecast, By System Type 14.18.1. Conventional 14.18.2. Hands-Free Power Liftgate 14.19. Rest of Middle East & Africa Power Liftgate Market Forecast, By Vehicle Type 14.19.1. Passenger Car 14.19.2. Commercial Vehicle 14.19.3. Heavy Vehicles 14.20. Rest of Middle East & Africa Power Liftgate Market Forecast, by Sales Channel 14.20.1. OEM 14.20.2. Aftermarket 14.21. Middle East & Africa Power Liftgate Market Attractiveness Analysis 14.21.1. By System Type 14.21.2. By Vehicle Type 14.21.3. By Sales Channel 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Development 15. South America Power Liftgate Market Analysis 15.1. Key Findings 15.2. South America Power Liftgate Market Overview 15.3. South America Power Liftgate Market Value Share Analysis, By System Type 15.4. South America Power Liftgate Market Forecast, By System Type 15.4.1. Conventional 15.4.2. Hands-Free Power Liftgate 15.5. South America Power Liftgate Market Value Share Analysis, By Vehicle Type 15.6. South America Power Liftgate Market Forecast, By Vehicle Type 15.6.1. Passenger Car 15.6.2. Commercial Vehicle 15.6.3. Heavy Vehicles 15.7. South America Power Liftgate Market Value Share Analysis, by Sales Channel 15.8. South America Power Liftgate Market Forecast, by Sales Channel 15.8.1. OEM 15.8.2. Aftermarket 15.9. South America Power Liftgate Market Value Share Analysis, by Country 15.10. South America Power Liftgate Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Power Liftgate Market Analysis, by Country 15.12. Brazil Power Liftgate Market Forecast, By System Type 15.12.1. Conventional 15.12.2. Hands-Free Power Liftgate 15.13. Brazil Power Liftgate Market Forecast, By Vehicle Type 15.13.1. Passenger Car 15.13.2. Commercial Vehicle 15.13.3. Heavy Vehicles 15.14. Brazil Power Liftgate Market Forecast, by Sales Channel 15.14.1. OEM 15.14.2. Aftermarket 15.15. Mexico Power Liftgate Market Forecast, By System Type 15.15.1. Conventional 15.15.2. Hands-Free Power Liftgate 15.16. Mexico Power Liftgate Market Forecast, By Vehicle Type 15.16.1. Passenger Car 15.16.2. Commercial Vehicle 15.16.3. Heavy Vehicles 15.17. Mexico Power Liftgate Market Forecast, by Sales Channel 15.17.1. OEM 15.17.2. Aftermarket 15.18. Rest of South America Power Liftgate Market Forecast, By System Type 15.18.1. Conventional 15.18.2. Hands-Free Power Liftgate 15.19. Rest of South America Power Liftgate Market Forecast, By Vehicle Type 15.19.1. Passenger Car 15.19.2. Commercial Vehicle 15.19.3. Heavy Vehicles 15.20. Rest of South America Power Liftgate Market Forecast, by Sales Channel 15.20.1. OEM 15.20.2. Aftermarket 15.21. South America Power Liftgate Market Attractiveness Analysis 15.21.1. By System Type 15.21.2. By Vehicle Type 15.21.3. By Sales Channel 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Development 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Aisin Seiko co., ltd, (Japan) 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Company Footprint 16.3.2. Brose Fahrzeugteile GmbH & Co. KG (Germany) 16.3.3. Faurecia SA (France) 16.3.4. Grupo Antolin Irausa S.A, (Spain) 16.3.5. Huf Hülsbeck & Fürst GmbH & Co. KG. (Germany) 16.3.6. Johnson electric (China) 16.3.7. Magna International Inc., (Canada) 16.3.8. Stabilus GmbH (Germany) 16.3.9. Woodbine Manufacturing Co. Inc. (Tommy Gate) (US) 16.3.10. STRATTEC (US) 16.3.11. Robert Bosch GmbH (Germany) 16.3.12. Continental AG (Germany) 16.3.13. Stabilus GmbH 16.3.14. HI-LEX Corporation 16.3.15. VOXX Electronics Corp 16.3.16. Powder-Packer Corp 16.3.17. Autoease Technology