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Automotive Rear Cross Traffic Alert Market

Global Automotive Rear Cross Traffic Alert Market Growth: By Type: Ultrasonic, Radar; By Distribution Channels: OEMs, Aftermarket; By Applications: Passenger Cars, Commercial Vehicles; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Automotive Rear Cross Traffic Alert Market Outlook

The global automotive rear cross traffic alert market is expected to grow at a CAGR 6.2% to reach a value of USD 2.61 billion during the forecast period of 2024-2032.

 

Global Automotive Rear Cross Traffic Alert Market

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The increasing concern for road safety is resulting in the rise in demand for the automotive rear cross traffic alert system to minimise vehicular accidents caused by human errors. Europe dominated the market in 2018 due to growing awareness regarding vehicle safety in the region.

 

Market Segmentation

Rear cross traffic alert is intended to warn the driver about the back-traffic. Automotive rear cross traffic alert finds its applications in passenger cars and commercial vehicles.

 

Global Automotive Rear Cross Traffic Alert Market

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The EMR report looks into the regional automotive rear cross traffic alert markets like the North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.

 

Market Analysis

The global automotive rear cross traffic alert industry is being driven by implementation of sensor fusion technology in automotive industry. The market is further aided by the growing emphasis on road safety due to the increasing cases of road accidents. Passenger car is the leading segment due to growing demand for compact and medium-sized cars, particularly in emerging economies like India and China. While, Europe dominates the market, Asia Pacific is also an emerging market for the product, owing to the rising demand for commercial and passenger cars. Moreover, in developing economies like China, the implementation of safety regulations, like the China New Car Assessment Program is encouraging the producers to include advanced safety features in their vehicles, which further aids the market.

 

Global Automotive Rear Cross Traffic Alert Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global automotive rear cross traffic alert industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Continental AG
  • Robert Bosch GmbH
  • Infineon Technologies AG
  • Veoneer Inc.
  • Autoliv
  • Magna International Inc.
  • Aptiv
  • Others

 

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channels
  • Applications
  • Region
Breakup by Type
  • Ultrasonic
  • Radar
Breakup by Distribution Channels
  • OEMs
  • Aftermarket
Breakup by Applications
  • Passenger Cars
  • Commercial Vehicles
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Continental AG
  • Robert Bosch GmbH
  • Infineon Technologies AG
  • Veoneer Inc.
  • Autoliv
  • Magna International Inc.
  • Aptiv
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automotive Rear Cross Traffic Alert Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Automotive Rear Cross Traffic Alert Historical Market (2018-2023) 
    8.3    Global Automotive Rear Cross Traffic Alert Market Forecast (2024-2032)
    8.4    Global Automotive Rear Cross Traffic Alert Market by Type
        8.4.1    Ultrasonic 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Radar
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Automotive Rear Cross Traffic Alert Market by Distribution Channels
        8.5.1    OEMs
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Aftermarket
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Automotive Rear Cross Traffic Alert Market by Applications
        8.6.1    Passenger Cars
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Commercial Vehicles
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Automotive Rear Cross Traffic Alert Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Automotive Rear Cross Traffic Alert Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Automotive Rear Cross Traffic Alert  Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Automotive Rear Cross Traffic Alert Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Automotive Rear Cross Traffic Alert Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Automotive Rear Cross Traffic Alert Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Continental AG
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Robert Bosch GmbH
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Infineon Technologies AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Veoneer Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Autoliv
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Magna International Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Aptiv
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Automotive Rear Cross Traffic Alert Market: Key Industry Highlights, 2018 and 2032
2.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
5.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
6.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Automotive Rear Cross Traffic Alert Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 1.64 billion.

The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

The market is estimated to witness a healthy growth to attain about USD 2.61 billion by 2032.

The major drivers of the market include rising urbanisation, growing automotive sector, the deployment of sensor fusion technology in vehicles, and rising awareness regarding road safety.

The growing implementation of road safety regulations and technological advancements and innovations are key trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of automotive rear cross traffic alert are ultrasonic and radar.

The several distribution channels of automotive rear cross traffic alert in the market are OEMs and aftermarket. 

The significant applications of automotive rear cross traffic alert in the market are passenger cars and commercial vehicles. 

The major players in the market are Continental AG, Robert Bosch GmbH, Infineon Technologies AG., Veoneer Inc., Autoliv, Magna International Inc., Aptiv and Others.

Analyst Review

The global automotive rear cross traffic alert market is projected to be driven by the rising road accidents. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of applications, the industry is divided into passenger cars and commercial vehicles, with the passenger car as the leading market segment. The major regional markets for automotive rear cross traffic alert are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share. The key players in the above market include Continental AG, Robert Bosch GmbH, Infineon Technologies AG., Veoneer Inc., Autoliv, Magna International Inc., Aptiv and Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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