The trailer assist works on the principle of park-assist that helps the driver to park or reverse a vehicle into a parking lane or a tight spot with a trailer towed at the rear. This system helps in saving time while reversing and provides safety and comfort to the driver.
This report contains market size and forecasts of Trailer Assistance System in global, including the following market information:
Global Trailer Assistance System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Trailer Assistance System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Trailer Assistance System companies in 2021 (%)
The global Trailer Assistance System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Semi-Autonomous(L3) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Trailer Assistance System include Continental, Bosch, Magna, WABCO, Westfalia, Ford and Land Rover, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Trailer Assistance System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Trailer Assistance System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Assistance System Market Segment Percentages, by Type, 2021 (%)
Semi-Autonomous(L3)
Autonomous(L4, L5)
Global Trailer Assistance System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Assistance System Market Segment Percentages, by Application, 2021 (%)
Vehicle Manufacturing
Traffic
Others
Global Trailer Assistance System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Assistance System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Trailer Assistance System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Trailer Assistance System revenues share in global market, 2021 (%)
Key companies Trailer Assistance System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Trailer Assistance System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental
Bosch
Magna
WABCO
Westfalia
Ford
Land Rover