$135 Million Trailer Assist System Markets, 2025 - Opportunities in Increasing Developments in the Field of Autonomous and Semi-Autonomous Vehicles


Dublin, May 28, 2021 (GLOBE NEWSWIRE) -- The "Global Trailer Assist System Market (2020-2025) by Vehicle Type, Sales Channel, Component, Technology, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Trailer Assist System Market is estimated to be USD 85 Mn in 2020 and is expected to reach USD 135 Mn by 2025, growing at a CAGR of 9.7%.

Market Dynamics

Increasing passenger cars and LCVs use and related comfort and safety concerns have led to a rise in the trailer assist system market. With the growing e-commerce sector, vehicles with attached trailer usage have increased, thereby boosting the market growth. The rising incidences of vehicle towing and advancements in technology contribute to the growth of the trailer assist system market.

However, the usages of towing trailers in developing countries are reducing daily due to the high cost involved and non-availability of required infrastructures. Also, in some countries, the government incorporated certain rules and regulations for towing trailers, which is expected to impede the growth of the market.

Company Profiles

Some of the companies covered in this report are Volkswagen, Ford Motor Company, Audi, Land Rover, Mercedes Benz, Bosch, Continental AG, Garmin, Echomaster, Valeo, Aptiv, Towgo, Magna, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments and growth in market share.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Trailer Assist System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size.
  • The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers Increase in Demand for Safety and Comfort Features Increase in Usage of Vehicle Towing Trailers in Developed Countries Advancements in Technology The Growing Ecommerce Sector Rising Incidences of Vehicle Towing
4.2.2 Restraints High Cost Non-Availability of Required Infrastructure in Developing Countries
4.2.3 Opportunities Increasing Developments in the Field of Autonomous and Semi-Autonomous Vehicles
4.2.4 Challenges Limited Usage of Towing Trailers in Developing Countries
4.3 Trends

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Trailer Assist System Market, By Vehicle Type
6.1 Introduction
6.2 Passenger Car
6.2.1 Compact Cars
6.2.2 Mid-Sized Cars
6.2.3 SUVs
6.2.4 Luxury Cars
6.3 Light Commercial Vehicle (LCV)
6.4 Truck

7 Global Trailer Assist System Market, By Sales Channel
7.1 Introduction
7.2 OEM
7.3 Fitted
7.4 Aftermarket

8 Global Trailer Assist System Market, By Component
8.1 Introduction
8.2 Camera/Sensor
8.3 Software Module

9 Global Trailer Assist System Market, By Technology
9.1 Introduction
9.2 Semi-Autonomous
9.2.1 L3
9.3 Autonomous Technology
9.3.1 L4
9.3.2 L5

10 Global Trailer Assist System Market, By Geography

11 Competitive Landscape

12 Company Profiles

  • Continental AG
  • Bosch
  • Magna
  • WABCO Holdings
  • Westfalia Technologies
  • Towgo
  • Carit Automotive
  • Valeo
  • Garmin
  • Cogent Embedded
  • Dornerworks
  • Echomaster
  • Ford Motor Company
  • Volkswagen AG
  • Aptiv
  • ZF Friedrichshafen
  • Hella KGaA Hueck & Co
  • Hitachi, Ltd
  • Land Rover
  • Mercedes Benz
  • Audi

For more information about this report visit https://www.researchandmarkets.com/r/h4wq7q


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