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Global Automotive Rear Cross Traffic Alert Market: By Application: Passenger Cars, Commercial Vehicles; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Automotive Rear Cross Traffic Alert Market Outlook

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 2021-2026.

 

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.

 

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.

 

Global Automotive Rear Cross Traffic Alert Market By Application

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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.

 

Global Automotive Rear Cross Traffic Alert Market By Region

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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.

 

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 
  • Magna International Inc.  [MGA (NYSE)] 
  • Veoneer Inc. 
  • Valeo SA  
  • Aptiv [APTV (NYSE)]

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Passenger Cars, Commercial Vehicles
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Continental AG, Robert Bosch GmbH, Magna International Inc. [MGA (NYSE)], Veoneer Inc., Valeo SA, Aptiv [APTV (NYSE)], Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    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
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    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 (2016-2020) & Forecast (2021-2026)
    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 (2016-2020) & Forecast (2021-2026)
        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
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Global Automotive Rear Cross Traffic Alert Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1     Continental AG
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Robert Bosch GmbH
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3     Magna International Inc.  [MGA (NYSE)]
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Veoneer Inc.
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Valeo SA
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6     Aptiv [APTV (NYSE)]
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Others
10    Industry Events and Developments

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the market include rising urbanisation, growing automotive industry, implementation of sensor fusion technology, and rising awareness for road safety.

Growing implementation of road safety regulations is the key industry trend propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific with Europe as the largest regional market.

The passenger car segment is dominating the market share by application.

The major players in the industry are Continental AG, Robert Bosch GmbH, Magna International Inc.  [MGA (NYSE)], Veoneer Inc., Valeo SA, and Aptiv [APTV (NYSE)], among 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 2021-2026, growing at a CAGR of 6%.

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, Magna International Inc.  [MGA (NYSE)], Veoneer Inc., Valeo SA, and Aptiv [APTV (NYSE)], among 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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