The global trailer assist system market is likely to experience substantial expansion over the period of assessment, from 2019 to 2027. Growing awareness about safety in consumers coupled with technological progress of the automobile and automotive industries is likely to offer copious growth opportunities to the global trailer assist system market. Furthermore, rising incidences of vehicle towing is expected to bolster demand for trailer assist systems in the developed countries.

The automotive makers together with aftermarket solution providers are making every effort to develop top-notch trailer assist systems to lessen road accidents. This system is expected to assist drivers in effective maneuvering of roads.

Based on the parameters of technology, vehicle type, sales channel, component, and region, the global trailer assist system market would be segmented for further analysis.

To understand how our report can bring difference to your business strategy, Ask for a brochure

Global Trailer Assist System Market: Notable Developments

The global trailer assist system market has been through some developments over the years. One of such developments is mentioned below:

• Valeo S.A. revealed its all new Valeo XTRAVUE trailer in January, 2019. It makes use of video images that have been shot by cameras placed at the edge of both the trailer and the vehicle. The devices then mixes all of those images into one single homogenous shot, which enables the driver to see on a small screen placed in front of him. It shows everything that is taking place behind him while the trailer remains invisible. This invention is expected to trigger adoption of trailer assist system.

Some of the leading market vendors of the global trailer assist system market are as mentioned below:

• Robert Bosch GmbH
• Magna International Inc.
• WABCO Vehicle Control Systems
• Valeo S.A.
• Carit Automotive GmbH & Co. KG
• Continental AG

Stuck in a neck-to-neck Competition with other Brands? Request a Custom Report on Global Trailer Assist System Market