Table of Content

1 INTRODUCTION 14
1.1 OBJECTIVES 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY & PRICING 16
1.5 PACKAGE SIZE 16
1.6 LIMITATIONS 16
1.7 STAKEHOLDERS 16

2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.2 SECONDARY DATA 18
2.2.1 KEY SECONDARY SOURCES 18
2.2.2 KEY DATA FROM SECONDARY SOURCES 19
2.3 PRIMARY DATA 19
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 20
2.3.2 PRIMARY PARTICIPANTS 20
2.3.3 KEY DATA FROM PRIMARY SOURCES 21
2.4 MARKET SIZE ESTIMATION 22
2.4.1 BOTTOM-UP APPROACH 22
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.6 ASSUMPTIONS 24

3 EXECUTIVE SUMMARY 25

4 PREMIUM INSIGHTS 28
4.1 TRAILER ASSIST SYSTEM MARKET, 2019 VS. 2027 (USD MILLION) 28
4.2 TRAILER ASSIST SYSTEM MARKET, BY REGION, 2019 (USD MILLION) 29
4.3 TRAILER ASSIST SYSTEM MARKET, BY COUNTRY (%) 30
4.4 TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2019 VS. 2027 (USD MILLION) 31
4.5 TRAILER ASSIST SYSTEM MARKET, BY USER TYPE, 2019 VS. 2027 (USD MILLION) 31
4.6 TRAILER ASSIST SYSTEM MARKET, BY COMPONENT, 2019 VS. 2027 (USD MILLION) 32

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 34
5.2.1 DRIVERS 34
5.2.1.1 Increase in demand for safety and comfort features 34
5.2.1.2 Increase in usage of vehicle towing trailers in developed countries 35
5.2.1.3 Advancements in technology 35
5.2.2 RESTRAINTS 36
5.2.2.1 High cost 36
5.2.2.2 Non-availability of required infrastructure in developing countries 36
5.2.3 OPPORTUNITIES 36
5.2.3.1 Increasing developments in the field of autonomous and semi-autonomous vehicles 36
5.2.4 CHALLENGES 36
5.2.4.1 Limited usage of towing trailers in developing countries 36

6 INDUSTRY TRENDS 38
6.1 INTRODUCTION 38
6.2 TECHNOLOGY ANALYSIS 38
6.2.1 WIRELESS TABLET/SMART DEVICE TO OPERATE 38
6.2.2 TRAILER ANGLE DETECTION 38
6.2.3 BLIND SPOT DETECTION 38
6.3 PORTER’S FIVE FORCES 39

7 TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 40
7.1 INTRODUCTION 41
7.2 RESEARCH METHODOLOGY 42
7.3 PASSENGER CAR 43
7.3.1 INCREASING USAGE OF TOWING TRAILERS WILL BOOST DEMAND 43
7.4 LIGHT COMMERCIAL VEHICLE (LCV) 44
7.4.1 NORTH AMERICA WILL LEAD THE LCV TRAILER ASSIST SYSTEM MARKET 44
7.5 TRUCK 45
7.5.1 TECHNOLOGICAL ADVANCEMENTS IN TRUCKS TO DRIVE THE MARKET 45

8 TRAILER ASSIST SYSTEM MARKET, BY USER TYPE 47
8.1 INTRODUCTION 48
8.2 RESEARCH METHODOLOGY 49
8.3 OEM FITTED 50
8.3.1 DEMAND FOR TOWING TRAILERS IN WESTERN EUROPE IS ESTIMATED TO DRIVE OEM FITTED TRAILER ASSIST SYSTEM MARKET 50
8.4 AFTERMARKET 51
8.4.1 WESTERN EUROPE IS ESTIMATED TO LEAD THE MARKET WITH HIGHEST GROWTH RATE IN FORECASTED PERIOD 51

9 TRAILER ASSIST SYSTEM MARKET, BY COMPONENT 53
9.1 INTRODUCTION 54
9.2 RESEARCH METHODOLOGY 55
?
9.3 CAMERA/SENSOR 56
9.3.1 WESTERN EUROPE TO LEAD THE TRAILER ASSIST SYSTEM MARKET FOR CAMERA/SENSOR 56
9.4 SOFTWARE MODULE 57
9.4.1 ADVANCEMENT IN TECHNOLOGY AND AUTONOMOUS INITIATIVES TO DRIVE THE SOFTWARE MODULE SEGMENT 57

10 TRAILER ASSIST SYSTEM MARKET, BY TECHNOLOGY 58
10.1 OBSERVATIONS: SEMI-AUTONOMOUS (L3) AND AUTONOMOUS TECHNOLOGY (L4, L5) FOR TRAILER ASSIST SYSTEM 59

11 TRAILER ASSIST SYSTEM MARKET, BY REGION 61
11.1 INTRODUCTION 62
11.2 WESTERN EUROPE 63
11.2.1 BELGIUM 66
11.2.1.1 Passenger car is estimated to lead the market with highest growth rate in forecasted period 66
11.2.2 FRANCE 67
11.2.2.1 Passenger car is estimated to lead the market 67
11.2.3 GERMANY 68
11.2.3.1 Passenger car is growing with highest growth rate in forecasted period due to demand for comfort and safety features in luxury vehicle 68
11.2.4 ITALY 69
11.2.4.1 Passenger car is estimated to lead the market with highest growth rate in forecasted period by volume and value both 69
11.2.5 NETHERLANDS 70
11.2.5.1 LCV is estimated to lead the market 70
11.2.6 SPAIN 71
11.2.6.1 Passenger car is estimated to lead the market with highest growth rate in forecasted period 71
11.2.7 UK 72
11.2.7.1 Passenger car is estimated to lead the market with highest growth rate in forecasted period 72
11.3 EASTERN EUROPE 73
11.3.1 POLAND 74
11.3.1.1 Passenger car is growing with highest growth rate in forecasted period 74
11.3.2 RUSSIA 75
11.3.2.1 Passenger car is estimated to lead the market 75
11.4 NORTH AMERICA 76
11.4.1 CANADA 77
11.4.1.1 LCV is estimated to be the largest market 77
?
11.4.2 US 78
11.4.2.1 Increase in sales of LCV along with towing trailer will lead LCV to be the highest growing Segment 78
11.5 ROW 79
11.5.1 AUSTRALIA 80
11.5.1.1 Passenger car is estimated to be the largest market and forecasted to be the highest growing segment 80
11.5.2 SOUTH AFRICA 81
11.5.2.1 Passenger car is forecasted to be the highest growing in segment 81

12 COMPETITIVE LANDSCAPE 82
12.1 OVERVIEW 82
12.2 TRAILER ASSIST: MARKET RANKING ANALYSIS 84
12.3 COMPETITIVE SCENARIO 84
12.3.1 CONTRACTS & AGREEMENTS 85
12.3.2 NEW PRODUCT DEVELOPMENTS 85
12.3.3 EXPANSIONS 86
12.3.4 MERGERS & ACQUISITIONS 86
12.3.5 PARTNERSHIPS 87
12.4 INDUSTRY LEADER ASSESSMENT/BENCHMARKING 88

13 COMPANY PROFILES 89
(Business overview, Products offered, Recent developments & SWOT analysis)*
13.1 CONTINENTAL AG 89
13.2 BOSCH 92
13.3 MAGNA 94
13.4 WABCO 96
13.5 WESTFALIA 99
13.6 TOWGO 101
13.7 CARIT AUTOMOTIVE 102
13.8 VALEO 103
13.9 GARMIN 105
13.10 COGENT EMBEDDED 107
13.11 DORNERWORKS 108
13.12 ECHOMASTER 109
*Details on Business overview, Products offered, Recent developments & SWOT analysis might not be captured in case of unlisted companies.
?

14 APPENDIX 110
14.1 KEY INSIGHTS OF INDUSTRY EXPERTS 110
14.2 DISCUSSION GUIDE 111
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 113
14.4 AVAILABLE CUSTOMIZATIONS 115
14.5 RELATED REPORTS 115
14.6 AUTHOR DETAILS 116



List of Figures



FIGURE 1 MARKET SEGMENTATION: TRAILER ASSIST SYSTEM MARKET 15
FIGURE 2 TRAILER ASSIST SYSTEM: RESEARCH DESIGN 17
FIGURE 3 RESEARCH METHODOLOGY MODEL 18
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 20
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR THE TRAILER ASSIST
SYSTEM MARKET: TOP-DOWN APPROACH 22
FIGURE 6 DATA TRIANGULATION 23
FIGURE 7 TRAILER ASSIST SYSTEM: MARKET DYNAMICS 25
FIGURE 8 TRAILER ASSIST SYSTEM MARKET, BY REGION, 2019–2027 (USD THOUSAND) 26
FIGURE 9 TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2019 VS 2027, (USD THOUSAND) 27
FIGURE 10 GROWING TOWING TRAILERS USAGE, PROVEN ADVANCEMENT IN TECHNOLOGIES, AND INCREASE IN RECREATIONAL ACTIVITIES ACROSS WILL BE MAJOR DRIVERS FOR THE MARKET 28
FIGURE 11 WESTERN EUROPE LEADS THE TRAILER ASSIST SYSTEM MARKET (BY VALUE) 29
FIGURE 12 GERMANY TO WITNESS THE HIGHEST GROWTH DURING THE FORECAST
PERIOD (BY VALUE) 30
FIGURE 13 PASSENGER CAR SEGMENT EXPECTED TO LEAD THE MARKET, BY VALUE 31
FIGURE 14 OEM FITTED TRAILER ASSIST SYSTEMS TO LEAD THE MARKET, BY VALUE 31
FIGURE 15 SOFTWARE MODULE TO WITNESS THE HIGHEST GROWTH DURING
THE FORECAST PERIOD, BY VALUE 32
FIGURE 16 TRAILER ASSIST SYSTEM MARKET: MARKET DYNAMICS 34
FIGURE 17 PORTER’S FIVE FORCES: TRAILER ASSIST SYSTEM MARKET 39
FIGURE 18 PASSENGER CAR IS EXPECTED TO GROW AT A HIGHER CAGR DURING
THE FORECAST PERIOD (2019–2027) 41
FIGURE 19 KEY PRIMARY INSIGHTS 46
FIGURE 20 AFTERMARKET IS EXPECTED TO GROW AT A HIGHER CAGR DURING
THE FORECAST PERIOD (2019–2027) 48
FIGURE 21 KEY PRIMARY INSIGHTS 52
FIGURE 22 SOFTWARE MODULE SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2019–2027) 54
FIGURE 23 KEY PRIMARY INSIGHTS 57
FIGURE 24 SEMI AUTONOMOUS AND AUTONOMOUS PASSENGER CAR MARKET
BY LEVEL OF AUTONOMY IN US, (THOUSAND UNITS) 59
FIGURE 25 TRAILER ASSIST SYSTEM MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES (2019–2027) 62
FIGURE 26 WESTERN EUROPE: TRAILER ASSIST SYSTEM MARKET SNAPSHOT 64
FIGURE 27 EASTERN EUROPE: TRAILER ASSIST SYSTEM MARKET SNAPSHOT 73
FIGURE 28 US IS PROJECTED TO BE THE LARGEST MARKET FOR TRAILER ASSIST SYSTEM
IN NORTH AMERICA DURING THE FORECAST PERIOD (2019–2027) 76
FIGURE 29 ROW: TRAILER ASSIST SYSTEM MARKET SNAPSHOT 79
FIGURE 30 COMPANIES ADOPTED EXPANSIONS AS THE KEY GROWTH STRATEGY, 2013–2018 83
?
FIGURE 31 TRAILER ASSIST SYSTEM-INDUSTRY LEADER BENCHMARKING 88
FIGURE 32 CONTINENTAL AG: COMPANY SNAPSHOT 89
FIGURE 33 BOSCH: COMPANY SNAPSHOT 92
FIGURE 34 MAGNA: COMPANY SNAPSHOT 94
FIGURE 35 WABCO: COMPANY SNAPSHOT 96
FIGURE 36 WESTFALIA: COMPANY SNAPSHOT 99
FIGURE 37 VALEO: COMPANY SNAPSHOT 103
FIGURE 38 GARMIN: COMPANY SNAPSHOT 105

 

List of Tables



TABLE 1 CURRENCY EXCHANGE RATES (W.R.T. PER USD) 16
TABLE 2 IMPACT OF MARKET DYNAMICS 37
TABLE 3 TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027, (UNITS) 41
TABLE 4 TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027, (USD THOUSAND) 42
TABLE 5 PASSENGER CAR: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (UNITS) 43
TABLE 6 PASSENGER CAR: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 43
TABLE 7 LCV: TRAILER ASSIST SYSTEM MARKET, BY REGION, 2018–2027 (UNITS) 44
TABLE 8 LCV: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 44
TABLE 9 TRUCK: TRAILER ASSIST SYSTEM MARKET, BY REGION, 2018–2027 (UNITS) 45
TABLE 10 TRUCK: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 45
TABLE 11 TRAILER ASSIST SYSTEM MARKET, BY USER TYPE, 2018–2027 (UNITS) 48
TABLE 12 TRAILER ASSIST SYSTEM MARKET, BY USER TYPE, 2018–2027 (USD THOUSAND) 49
TABLE 13 OEM FITTED: TRAILER ASSIST SYSTEM MARKET, BY REGION, 2018–2027 (UNITS) 50
TABLE 14 OEM FITTED: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 50
TABLE 15 AFTERMARKET: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (UNITS) 51
TABLE 16 AFTERMARKET: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 51
TABLE 17 TRAILER ASSIST SYSTEM MARKET, BY COMPONENT 2018–2027 (USD THOUSAND) 55
TABLE 18 CAMERA/SENSOR: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 56
TABLE 19 SOFTWARE MODULE: TRAILER ASSIST SYSTEM MARKET, BY REGION 2018–2027 (USD THOUSAND) 57
TABLE 20 TRAILER ASSIST SYSTEM MARKET, BY REGION, 2018–2027 (UNITS) 62
TABLE 21 TRAILER ASSIST SYSTEM MARKET, BY REGION, 2018–2027 (USD THOUSAND) 63
TABLE 22 WESTERN EUROPE: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (UNITS) 65
TABLE 23 WESTERN EUROPE: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (USD THOUSAND) 65
TABLE 24 BELGIUM: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 66
TABLE 25 BELGIUM: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 66
TABLE 26 FRANCE: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 67
TABLE 27 FRANCE: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 67
?
TABLE 28 GERMANY: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 68
TABLE 29 GERMANY: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 68
TABLE 30 ITALY: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027 (UNITS) 69
TABLE 31 ITALY: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 69
TABLE 32 NETHERLANDS: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 70
TABLE 33 NETHERLANDS: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 70
TABLE 34 SPAIN: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027 (UNITS) 71
TABLE 35 SPAIN: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 71
TABLE 36 UK: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027 (UNITS) 72
TABLE 37 UK: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 72
TABLE 38 EASTERN EUROPE: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (UNITS) 73
TABLE 39 EASTERN EUROPE: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (USD THOUSAND) 73
TABLE 40 POLAND: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 74
TABLE 41 POLAND: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 74
TABLE 42 RUSSIA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027 (UNITS) 75
TABLE 43 RUSSIA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 75
TABLE 44 NORTH AMERICA: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (UNITS) 77
TABLE 45 NORTH AMERICA: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (USD THOUSAND) 77
TABLE 46 CANADA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 77
TABLE 47 CANADA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 78
TABLE 48 US: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE, 2018–2027 (UNITS) 78
TABLE 49 US: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 78
TABLE 50 ROW: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY, 2018–2027 (UNITS) 79
TABLE 51 ROW: TRAILER ASSIST SYSTEM MARKET, BY COUNTRY 2018–2027 (USD THOUSAND) 80
TABLE 52 AUSTRALIA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 80
TABLE 53 AUSTRALIA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 80
TABLE 54 SOUTH AFRICA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (UNITS) 81
?
TABLE 55 SOUTH AFRICA: TRAILER ASSIST SYSTEM MARKET, BY VEHICLE TYPE 2018–2027 (USD THOUSAND) 81
TABLE 56 TRAILER ASSIST: MARKET RANKING ANALYSIS, 2018 84
TABLE 57 CONTRACTS & AGREEMENTS, 2013–2018 85
TABLE 58 NEW PRODUCT DEVELOPMENTS, 2013–2018 85
TABLE 59 EXPANSIONS, 2013–2018 86
TABLE 60 MERGERS & ACQUISITIONS, 2013–2018 86
TABLE 61 PARTNERSHIPS, 2015–2018 87