Automotive and Transportation

The trailer assist system market is projected to grow at a CAGR 8.97% rate during the forecast period. The demand for safety and comfort has always been a prime preference in vehicles. With the increase in sales of passenger cars and LCVs, consumers are increasingly demanding comfort and safety for these vehicle segments. Due to the inefficiency of drivers, many accidents happen during the parking of a vehicle. Parking a vehicle attached with a trailer is a challenging task even for trained drivers.


Passenger cars segment is estimated to be the fastest growing market during the forecast period. Currently, the market is mostly limited to passenger cars only, and there are very few OEMs providing trailer assist system in LCVs, which includes Ford and Volkswagen. The trailer assist system that is available in trucks has different functioning from passenger cars and LCVs as it supports truck movement during reversing operations by detecting small, large, static and moving objects in the blind spot behind the vehicle and automatically brakes. It does not automatically steer the truck as it does in passenger cars and LCVs.


The North American market is expected to register the fastest growth during the forecast period. The market in Canada is estimated to grow at a good pace over the next eight years. In Canada, various OEMs such as Ford and Land Rover are providing trailer assist system in vehicles as an optional feature. Increasing safety awareness among consumers, rise in the demand for a safe, efficient, & convenient driving experience and increase usage of towing trailers will drive the Canadian market which in turn will drive the demand for trailer assist system in the North American region.


Key Market Players include Continental (Germany), Bosch (Germany), Magna (Canada), WABCO (Belgium), and Westfalia (Germany).


Key Questions:

     

  • Many companies are operating in the trailer assist system across the globe. Do you know who the front leaders are, and what strategies have been adopted by them?
  •  

  • Fast-paced developments in trailer assist system such as a wireless tablet, trailer angle detection, and blind spot detection by leading manufacturers are expected to change the dynamics of the trailer assist system. How will this transform the overall market?
  •  

  • The feature is currently available for semi-autonomous passenger cars with partial manual functions, but do you think an autonomous version can be seen in development?
  •  

  • Who are the key players in the market?

1.Introduction


Market Definition


Study Scope


Study Period


Stakeholders


2. Research Methodology


Secondary Research


Primary Research


Research Design


Data Validation


Limitation and Assumptions


3. Executive Overview


4. Market Overview


Drivers


Restraints     


Opportunities


Challenges


5. Trailer Assist System Market, By Component


Camera/Sensor


Software Module


6. Trailer Assist System Market, By Vehicle Type


Passenger Car


Light Commercial Vehicle 


Truck


7. Trailer Assist System Market, By User Type 


OEM Fitted


Aftermarket


8. Trailer Assist System Market, By Region


North America


        US


        Canada


Europe


        UK


        Germany


        Spain


        France


      Turkey


      Rest of Europe


Asia Pacific


      China 


      Japan


      South Korea


      India 


      Australia


      Rest of APAC


Middle East


      UAE


      Saudi Arabia


      Rest of Middle East


Rest of the World


        Latin America


        Africa


9. Company Profiles


Bosch


Garmin


Wabco


Towgo


Valeo


Echomaster


Continental AG


Magna


Westfalia


Carit Automotive


10. Appendix


About


Abbreviations

Segmentation

  • India
  • 150
  • company
Licence Option
  • Single 1500 USD
  • Multiple 3500 USD

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