Trailer Assist System Comprehensive Study by Application (OEM Fitted, Aftermarket), Technology (Semi-Autonomous (L3), Autonomous (L4), Vehicle Type (Trucks, Passenger Car, LCVs), Component (Camera/Sensor, Software Module) Players and Region - Global Market Outlook to 2026

Name: Trailer Assist System Comprehensive Study by Application (OEM Fitted, Aftermarket), Technology (Semi-Autonomous (L3), Autonomous (L4), Vehicle Type (Trucks, Passenger Car, LCVs), Component (Camera/Sensor, Software Module) Players and Region - Global Market Outlook to 2026
Brand: AMA Research
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Trailer Assist System Market by XX Submarkets | Forecast Years 2022-2027

Summary
Market Segments
Table of Content
List of Table & Figures
Players Profiled

Summary

Industry Background:

The trailer assist system works on the principle of park-assist that helps the driver to park or reverse a vehicle into a parking lane or in a tight spot with a trailer towed at the rear. This system is also made to help in saving time while reversing and provides safety and comfort to the driver. The steering angle is decisive for precise reversing, and the optional Trailer Assist trailer maneuvering system takes care of the steering. Further, an increasing number of a passenger vehicle, LCVs with enhanced safety features is driving the Global trailer assist system market.This growth is primarily driven by Increasing Demand for Safety and Comfort Features among Consumers, Rising Activity of Vehicle Towing in Developed Countries and Technological Advancement in Automotive Industry.

Globally, a noticeable market trend is evident Trial Assist System for Trailer Angle Detection and Blind Spot Detection . Major Manufacturers, such as Continental (Germany), Bosch (Germany), Magna (Canada), WABCO (Belgium) and Westfalia (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

Key Developments in the Market:

In December 2018, WABCO signed a USD 950 million long-term agreement with one of the world�s top manufacturers of commercial vehicles. Under the 8-year agreement, WABCO would supply two of the Original Equipment Manufacturers (OEM) brands with its leading braking, ADAS, and efficiency technologies. As its full system supplier of Electronic Braking Systems (EBS) and ADAS, WABCO would additionally equip the OEM�s new electric vehicles. This agreement would help the company to expand its business operations.
In January 2019, Valeo unveiled its Valeo XTRAVUE trailer, the invisible trailer system at CES 2019. The system uses video images captured from cameras located at the rear of both the vehicle and the trailer or caravan. It combines them into a single homogeneous image, allowing the driver to see, on a small screen right in front of him, everything happening behind the vehicle, rendering the trailer invisible.

Market Drivers

Increasing Demand for Safety and Comfort Features among Consumers
Rising Activity of Vehicle Towing in Developed Countries
Technological Advancement in Automotive Industry

Market Trend

Trial Assist System for Trailer Angle Detection and Blind Spot Detection
Increasing Safety Awareness among Consumers

Restraints

High-Cost Factor Associated with the Trailer Assist System

Opportunities

Increasing Sale of Passenger Cars and LCVs and Huge Investment by the Government in Automotive Industry Considering Safety Features of Consumers

Challenges

Unavailability of Required Infrastructure in Developing Countries

AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.

Customization in the Report

AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis

Against this Challenging Backdrop, Trailer Assist System Study Sheds Light on

— The Trailer Assist System Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Trailer Assist System industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Trailer Assist System industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.

Market Segments

Report Objectives / Segmentation Covered

By Application

OEM Fitted
Aftermarket

By Technology

Semi-Autonomous (L3)
Autonomous (L4

By Vehicle Type

Trucks
Passenger Car
LCVs

By Component

Camera/Sensor
Software Module

By Regions

South America
- Brazil
- Argentina
- Rest of South America
Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe
MEA
- Middle East
- Africa
North America
- United States
- Canada
- Mexico

Table of Content

List of Tables & Figures

List of Tables

List of Figures

Companies Mentioned

List of companies from research coverage that are profiled in the study

Continental (Germany)
Bosch (Germany)
Magna (Canada)
WABCO (Belgium)
Westfalia (Germany)

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Key Highlights of Report

Jan 2022 240 Pages 95 Tables Base Year: 2021 Coverage: 15+ Companies; 18 Countries

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Global Trailer Assist System Market Quantitative research analysis

Global Trailer Assist System Market Qualitative Industry Analysis

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Frequently Asked Questions (FAQ):

1. What are the years considered in the Trailer Assist System Market?

Historical year: 2016-2020; Base year: 2020; Forecast period: 2021 to 2026

2. Who are the key players profiled in the Trailer Assist System Market?

Companies that are profiled in Global Trailer Assist System Market are Continental (Germany), Bosch (Germany), Magna (Canada), WABCO (Belgium) and Westfalia (Germany) etc.

3. What is Trailer Assist System Market?

The trailer assist system works on the principle of park-assist that helps the driver to park or reverse a vehicle into a parking lane or in a tight spot with a trailer towed at the rear. This system is also made to help in saving time while reversing and provides safety and comfort to the driver. The steering angle is decisive for precise reversing, and the optional Trailer Assist trailer maneuvering system takes care of the steering. Further, an increasing number of a passenger vehicle, LCVs with enhanced safety features is driving the Global trailer assist system market.

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