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Trailer Assist System Market - Top Companies and Manufacturers

  • Report ID: 4418
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT
  1. Introduction
    1. Study Objective
    2. Scope of the report
    3. Market Taxonomy
    4. Study Assumptions and Abbreviations
  2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. SPSS Approach
    4. Data Triangulation
  3. Executive Summary
  4. Global Industry Overview
    1. Market Overview
    2. Regional Synopsis
    3. Industry Supply Chain Analysis
    4. DROT
      1. Driver
      2. Restraint
      3. Opportunities
      4. Trends
    5. Government Regulation
    6. Competitive Landscape
      1.  Robert Bosch GmbH
      2. Magna International Inc
      3. ZF Friedrichshafen AG
      4. Valeo
      5. Cogent Embedded, Inc.
      6. Westfalia-Automotive GmbH
      7. Ford Motor Company
      8. Continental AG
      9. Volkswagen Group
      10. Mercedes-Benz Group AG
      11. Jaguar Land Rover Automotive PLC
      12. BMW AG
    7. Recent Development Analysis
    8. Industry Risk Assessment
    9. SWOT Analysis
  5. Global Outlook and Projections
    1. Global Overview
      1. Market Value (USD Million) Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Global Segmentation (USD Million), 2025-2037, By
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Regional Synopsis, Value (USD Million) 2025-2037
        1. North America
        2. Europe
        3. Asia Pacific
        4. Latin America
        5. Middle East and Africa
  6. North America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2025-2037, By
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Country Level Analysis Value (USD Million), 2025-2037
        1. U.S.
        2. Canada
  7. Europe Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2025-2037, By
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Country Level Analysis Value (USD Million), 2025-2037
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. NORDIC
        7. Russia
        8. Rest of Europe
  8. Asia Pacific Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2025-2037
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Country Level Analysis Value (USD Million), 2025-2037
        1. China
        2. Japan
        3. India
        4. Indonesia
        5. Australia
        6. South Korea
        7. Vietnam
        8. Malaysia
        9. Rest of Asia Pacific
  9. Latin America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2025-2037, By
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Country Level Analysis Value (USD Million) 2025-2037
        1. Brazil
        2. Argentina
        3. Mexico
        4. Rest of Latin America
  10. Middle East & Africa Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2025-2037
      2. Increment $ Opportunity Assessment, 2025-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2025-2037, By
      1. Density Component Type, Value (USD Million)
        1. Camera/Sensor
        2. Software Module
      2. Technology Type, Value (USD Million)
        1. Semi-Autonomous (L3)
        2. Autonomous (L4,L5)
      3. Vehicle Type, Value (USD Million)
        1. Passenger Cars
        2. LCV
        3. Trucks
      4. User Type, Value (USD Million)
        1. OEM Fitted
        2. Aftermarket
      5. Functional Systems, Value (USD Million)
        1. Steering Control
        2. Brake Control
      6. Country Level Analysis Value (USD Million), 2025-2037
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  11. Global Economic Scenario
    1. World Economic and Risk Outlook for 2024
  12. About Research Nester
    1. Our Global Clientele
    2. We Serve Clients Across World

Companies Dominating the Trailer Assist System Landscape

    The trailer assist system market is highly competitive due to the presence of traditional players like Magna, Bosch, Ford, and Hyundai Mobis. These companies continuously introduce new solutions to make passenger and commercial vehicles safer and more convenient. Other key players such as Phillips Connect and Plus promote the market expansion with telematics solutions for trailers and automation. Such moves drive competitive dynamics, while the demand for advanced towing technologies is on the rise, and regulatory compliance is pushing the pace in Europe and North America.

    In April 2023, Bosch collaborated with Plus on the development of software-defined trailer assist systems for commercial vehicles, providing 360-degree surround perception technology. The collaboration was one of the major steps towards offering automated towing assistance and making it much safer and more efficient. Companies also introduce partial automation with continuous driver assistance to shift toward the demand rise for advanced trailer systems and gain a leading position in the competition outlook.

    Here are some leading companies in the trailer assist system market:

    •  Robert Bosch GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Magna International Inc
    • ZF Friedrichshafen AG
    • Valeo
    • Cogent Embedded, Inc.
    • Westfalia-Automotive GmbH
    • Ford Motor Company
    • Continental AG
    • Volkswagen Group
    • Mercedes-Benz Group AG
    • Jaguar Land Rover Automotive PLC
    • BMW AG
Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, Thermo introduced Trailer Assist Premium, the latest feature in its Thermo King Connected Solutions TracKing offering. This new feature allows customers to access comprehensive insights into refrigerated trailers, providing vehicle-related data such as EBS, odometer readings, axle load, and tire pressure monitoring system (TPMS) information. All this data is easily accessible through the TracKing platform, empowering fleet operators with real-time visibility and better control over their trailer operations, improving both efficiency and safety.
  • In June 2024, Continental entered into a partnership with Samsara, a global leader in telematics solutions to offer advanced, data-driven fleet management focused on truck trailers. This collaboration enables the sharing of critical data points, giving customers enhanced access to trailer-related information. Through this partnership, fleets can benefit from Continental’s in-tire sensor data, which includes essential metrics like tire pressure and mileage, leading to more informed maintenance decisions and improved fleet performance.
  • In September 2023, Mobileye and Valeo announced a strategic partnership to develop next-generation imaging radars for advanced driver assistance systems (ADAS) and automated driving features. This collaboration aims to deliver best-in-class, software-defined radar solutions that enhance the performance of driver-assist technologies. By combining their expertise, both companies are set to push the boundaries of autonomous driving and safety, offering superior radar capabilities for the evolving automotive landscape.

Author Credits:  Saima Khursheed


  • Report ID: 4418
  • Published Date: Oct 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of trailer assist system was USD 112.4 million.

The global trailer assist system market size was USD 112.4 million in 2024 and is expected to reach USD 479.1 million by the end of 2037, expanding at a CAGR of 11.8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of trailer assist system will be valued at USD 11.2 million.

Key players in the market are Magna International Inc., Daimler Truck Holding AG, Robert Bosh Gmbh, Carit Automotive Gmbh & Co. KG, Borg Warner Inc., Ford Motor Company, Hitachi, Ltd., Jaguar Land Rover Automotive plc., General Motors, Dorner Works, Ltd.

The camera/sensor segment is anticipated to lead the trailer assist system market during the forecast period.

North America is likely to offer lucrative prospects to the companies in the trailer assist system market during the forecast period.
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