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Global Automotive Rear Cross Traffic Alert Market: By Type: Ultrasonic, Radar; By Distribution Channels: OEMs, Aftermarket; By Applications: Passenger Cars, Commercial Vehicles; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; 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 2022-2027.

 

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 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 2017-2021
Forecast Period 2022-2027
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, 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
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    Industry Opportunities and Challenges
8    Global Automotive Rear Cross Traffic Alert Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Rear Cross Traffic Alert Historical Market (2017-2021) 
    8.3    Global Automotive Rear Cross Traffic Alert Market Forecast (2022-2027)
    8.4    Global Automotive Rear Cross Traffic Alert Market by Type
        8.4.1    Ultrasonic 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Radar
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Automotive Rear Cross Traffic Alert Market by Distribution Channels
        8.5.1    OEMs
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Aftermarket
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Automotive Rear Cross Traffic Alert Market by Applications
        8.6.1    Passenger Cars
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Commercial Vehicles
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Automotive Rear Cross Traffic Alert Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Continental AG
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Robert Bosch GmbH
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Infineon Technologies AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Veoneer Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Autoliv
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Automotive Rear Cross Traffic Alert Market: Key Industry Highlights, 2017 and 2027
2.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Distribution Channels (USD Million), 2017-2021
5.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Distribution Channels (USD Million), 2022-2027
6.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Automotive Rear Cross Traffic Alert Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Automotive Rear Cross Traffic Alert Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Automotive Rear Cross Traffic Alert Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Automotive Rear Cross Traffic Alert Market Structure

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 2022-2027, 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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