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"content": "Power Liftgate Market Future: Visioning a USD 6,945.5 Million Landscape by 2033<br />The power liftgate market those convenient mechanisms found on the back of many vehicles, is projected to experience steady growth in the coming years. Analysts expect this market to expand at a CAGR of 8.9% between 2023 and 2033. By the end of that period, it’s estimated to reach a total value of around USD 6,945.5 Million.<br /><br />This growth reflects the increasing demand for vehicles equipped with advanced features that enhance convenience and functionality for consumers. As more drivers prioritize convenience and ease of use in their vehicles, the adoption of power liftgates is expected to rise steadily, driving the market forward over the next decade.<br /><br />Request for a Sample of this Research Report<br /><a href=\"https://www.futuremarketinsights.com/reports/sample/rep-gb-12888\" target=\"_blank\">https://www.futuremarketinsights.com/reports/sample/rep-gb-12888</a><br /><br />Factors Accelerating the Power Liftgate Market Growth:<br />The rise in the adoption rate in the automotive industry owing to improvements in terms of electric latches, torque cables, direct units, and touch sensors.<br /><br />The growth in the shift toward electric cars and other autonomous and semi-autonomous technologies for user convenience.<br /><br />Growth in the number of car sales, especially in developing economies, a surge in disposable income, and a substantial rise in demand for luxury passenger car models help in the expansion of the automotive sector by positively affecting the power lift market.<br /><br />Improvement of the quality of the material used and design of unique systems, in response to product launch thus, extends profitable opportunities to the power lift market players in the forecast period<br /><br />Key Takeaways from the Market Study:<br />The global power liftgate market expanded at a CAGR of 7.42% between 2018 and 2022. The United States captured a market share of 40.21% in 2022. North America forecasted a market share of 44.4% in 2022. Europe recorded a market share of 38.2% in 2022. China is anticipated to develop a 6.8% CAGR from 2023 to 2033. Based on vehicle type, luxury vehicles captured a market share of 90% in 2022.<br /><br />Competitive Landscape:<br />The global market is highly fragmented with the presence of leading key players. The majority of these players are striving to expand their portfolios by launching cutting-edge products. Meanwhile, a few other companies are tying up with reputed power liftgates to deliver their in-house products and gain a competitive advantage in the market.<br /><br />Leading Key Players:<br />Magna International, Stabilus GmbH, Continental AG, Brose Fahrzeugteile SE & Co. KG, Huf Hulsbeck & Furst GmbH & Co., Strattec Security Corporation, Johnson Electric Holdings Ltd., HI-LEX Corporation, VOXX Electronics Corp, Powder-Packer Corp, Autoease Technology",
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"published": "2024-05-15T03:50:00+00:00",
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"content": "Power Liftgate Market Future: Visioning a USD 6,945.5 Million Landscape by 2033\nThe power liftgate market those convenient mechanisms found on the back of many vehicles, is projected to experience steady growth in the coming years. Analysts expect this market to expand at a CAGR of 8.9% between 2023 and 2033. By the end of that period, it’s estimated to reach a total value of around USD 6,945.5 Million.\n\nThis growth reflects the increasing demand for vehicles equipped with advanced features that enhance convenience and functionality for consumers. As more drivers prioritize convenience and ease of use in their vehicles, the adoption of power liftgates is expected to rise steadily, driving the market forward over the next decade.\n\nRequest for a Sample of this Research Report\nhttps://www.futuremarketinsights.com/reports/sample/rep-gb-12888\n\nFactors Accelerating the Power Liftgate Market Growth:\nThe rise in the adoption rate in the automotive industry owing to improvements in terms of electric latches, torque cables, direct units, and touch sensors.\n\nThe growth in the shift toward electric cars and other autonomous and semi-autonomous technologies for user convenience.\n\nGrowth in the number of car sales, especially in developing economies, a surge in disposable income, and a substantial rise in demand for luxury passenger car models help in the expansion of the automotive sector by positively affecting the power lift market.\n\nImprovement of the quality of the material used and design of unique systems, in response to product launch thus, extends profitable opportunities to the power lift market players in the forecast period\n\nKey Takeaways from the Market Study:\nThe global power liftgate market expanded at a CAGR of 7.42% between 2018 and 2022. The United States captured a market share of 40.21% in 2022. North America forecasted a market share of 44.4% in 2022. Europe recorded a market share of 38.2% in 2022. China is anticipated to develop a 6.8% CAGR from 2023 to 2033. Based on vehicle type, luxury vehicles captured a market share of 90% in 2022.\n\nCompetitive Landscape:\nThe global market is highly fragmented with the presence of leading key players. The majority of these players are striving to expand their portfolios by launching cutting-edge products. Meanwhile, a few other companies are tying up with reputed power liftgates to deliver their in-house products and gain a competitive advantage in the market.\n\nLeading Key Players:\nMagna International, Stabilus GmbH, Continental AG, Brose Fahrzeugteile SE & Co. KG, Huf Hulsbeck & Furst GmbH & Co., Strattec Security Corporation, Johnson Electric Holdings Ltd., HI-LEX Corporation, VOXX Electronics Corp, Powder-Packer Corp, Autoease Technology",
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"content": "Boat hook market projected to expand at 3% to 5% CAGR through 2022-2032<br />The global boat hook market is estimated to grow at a CAGR of 3% to 5% over the forecast period of 2022-2032. Rising boating activities due to an increase in the use of recreational boats are expected to stimulate the market over the assessment period.<br /><br />Government activities and water tourism programs that aim at promoting marine tourism facilitate multiple opportunities for recreational boating. This, in turn, fuels market growth for boot hooks. Improvements in boat hooks made by manufacturers have increased their utility. This, too, contributes to the rise in sales of boat hooks in the global market.<br /><br />Request for a Sample of this Research Report<br /><a href=\"https://www.futuremarketinsights.com/reports/sample/rep-gb-13692\" target=\"_blank\">https://www.futuremarketinsights.com/reports/sample/rep-gb-13692</a><br /><br />Rising consumer spending, especially by the younger generation, on leisure and sports activities, will augment the growth in the market over the forecast period. With rising disposable income, consumer interest in marine tourism and leisure activities is also increasing. Demand for activities like power boating, sailing, yachting, and others has substantially increased. Furthermore, adventure tourism is expanding its reach and quickly gaining traction. All these factors fuel market growth for boat hooks.<br /><br />Key Takeaways from the Boat Hook Market Report:<br />Government initiatives will fuel the market growth over the forecast period. Investments by cruise companies in land-based private islands are predicted to raise the demand for boat hooks. The demand of the tourism industry will lead to a growth in recreational and leisure boating activities. This will foster the market growth in North America Recreational activities are expected to boost boat hook sales in the U.S. Europe boat hook market, with 32,000 enterprises and 280,000 direct employees, will grow at the fastest rate.<br /><br />Competitive Landscape:<br />Davis Instruments, Shurhold Industries, SwiTec, Henssgen Hardware, Samco Sales, Inc., ShangHai Orange Metal Products Co., Ltd., DEYUAN MARINE CO., LTD., Decorstainless International Co., Ltd., Zhenjiang Longyear Marine Equipment Co., Ltd., Lexco Cable Manufacturers, Wichard, Inc., C. Sherman Johnson Co., Inc., Batz Corporation, among others are the some of the key manufacturers of boat hooks profiled in the full version of the report.<br /><br />Key players in the global boat hook market are investing in research and development activities so as to make improvements on available products as well as expand their product portfolios.",
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"published": "2024-05-15T06:58:18+00:00",
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"content": "Boat hook market projected to expand at 3% to 5% CAGR through 2022-2032\nThe global boat hook market is estimated to grow at a CAGR of 3% to 5% over the forecast period of 2022-2032. Rising boating activities due to an increase in the use of recreational boats are expected to stimulate the market over the assessment period.\n\nGovernment activities and water tourism programs that aim at promoting marine tourism facilitate multiple opportunities for recreational boating. This, in turn, fuels market growth for boot hooks. Improvements in boat hooks made by manufacturers have increased their utility. This, too, contributes to the rise in sales of boat hooks in the global market.\n\nRequest for a Sample of this Research Report\nhttps://www.futuremarketinsights.com/reports/sample/rep-gb-13692\n\nRising consumer spending, especially by the younger generation, on leisure and sports activities, will augment the growth in the market over the forecast period. With rising disposable income, consumer interest in marine tourism and leisure activities is also increasing. Demand for activities like power boating, sailing, yachting, and others has substantially increased. Furthermore, adventure tourism is expanding its reach and quickly gaining traction. All these factors fuel market growth for boat hooks.\n\nKey Takeaways from the Boat Hook Market Report:\nGovernment initiatives will fuel the market growth over the forecast period. Investments by cruise companies in land-based private islands are predicted to raise the demand for boat hooks. The demand of the tourism industry will lead to a growth in recreational and leisure boating activities. This will foster the market growth in North America Recreational activities are expected to boost boat hook sales in the U.S. Europe boat hook market, with 32,000 enterprises and 280,000 direct employees, will grow at the fastest rate.\n\nCompetitive Landscape:\nDavis Instruments, Shurhold Industries, SwiTec, Henssgen Hardware, Samco Sales, Inc., ShangHai Orange Metal Products Co., Ltd., DEYUAN MARINE CO., LTD., Decorstainless International Co., Ltd., Zhenjiang Longyear Marine Equipment Co., Ltd., Lexco Cable Manufacturers, Wichard, Inc., C. Sherman Johnson Co., Inc., Batz Corporation, among others are the some of the key manufacturers of boat hooks profiled in the full version of the report.\n\nKey players in the global boat hook market are investing in research and development activities so as to make improvements on available products as well as expand their product portfolios.",
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