Automotive and Transportation Trailer Assist System Market

The Trailer Assist System Market is projected to grow at a CAGR 9.18% 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 trailer assist system 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
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Increase in Demand for Safety and Comfort Features
  15. Increase in Usage of Vehicle Towing Trailers in Developed Countries
  16. Advancements in Technology
  17. Challenges
  18. Limited Usage of Towing Trailers in Developing Countries
  19. High Cost
  20. Non-Availability of Required Infrastructure in Developing Countries
  21. Opportunities
  22. Increasing Developments in the Field of Autonomous and Semi-Autonomous Vehicles
  23. Executive Summary
  24. Trailer Assist System Market, By Vehicle Type
  25. Passenger Car
  26. Light Commercial Vehicle (LCV)
  27. Truck
  28. Trailer Assist System Market, By User Type
  29. OEM Fitted
  30. Aftermarket
  31. Trailer Assist System Market, By Component
  32. Camera/Sensor
  33. Software Module
  34. Trailer Assist System Market, By Region
  35. Western Europe
  36. Belgium
  37. France
  38. Germany
  39. Italy
  40. Netherlands
  41. Spain
  42. UK
  43. Eastern Europe
  44. Poland
  45. Russia
  46. North America
  47. Canada
  48. US
  49. RoW
  50. Australia
  51. South Africa
  52. Company Profiles
  53. Continental AG
  54. Bosch
  55. Magna
  56. Wabco
  57. Westfalia
  58. Towgo
  59. Carit Automotive
  60. Valeo
  61. Garmin
  62. Cogent Embedded
  63. Dornerworks
  64. Echomaster

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
  3. About
  4. Related Reports
  5. Glossary

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