The global automotive rear cross traffic alert market is expected to grow at a CAGR 6% to reach a value of USD 2.05 billion during the forecast period of 2020-2025. 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.
Properties and Applications
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.
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.
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.
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:
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 Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Automotive Rear Cross Traffic Alert Market Analysis
6.1 Global Automotive Rear Cross Traffic Alert Market (2015-2019) & Forecast (2020-2025)
6.2 Global Automotive Rear Cross Traffic Alert Market Breakup by Application
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Global Automotive Rear Cross Traffic Alert Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Passenger Cars
6.3.2 Commercial Vehicles
6.4 Global Automotive Rear Cross Traffic Alert Market by Region
6.4.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
6.4.3 Asia Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
6.5 Global Automotive Rear Cross Traffic Alert Market by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.5.3 Asia Pacific
6.5.4 Latin America
6.5.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 LATAM Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 Continental AG
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Robert Bosch GmbH
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Magna International Inc. [MGA (NYSE)]
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Veoneer Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 Valeo SA
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Aptiv [APTV (NYSE)]
10.6.1 Company Overview
10.6.2 Financial Analysis
11 Events and Developments
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