Trailer Assist System Market Size

Trailer Assist System Market size was valued at USD 112.4 million in 2024 and is projected to reach a valuation of USD 479.1 million by the end of 2037, rising 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 125.6 million.    

The trailer assist system market is expected to see substantial growth during the forecast period owing to the increasing adoption of advanced driver assistance systems (ADAS) and the growing demand for towing safety in commercial and personal vehicles. Many manufacturers are integrating trailer assist technology to enhance the maneuverability and convenience of towing vehicles. For example, Hyundai Mobis introduced the Trailer Reverse Assistance technology in September 2023, which upgrades towing safety by easily enabling reverse operations, reducing risks in parking, and offering better control to the driver.

Moreover, government initiatives towards road safety enhancements and the reduction of accident rates are encouraging the development of trailer assist systems. Accordingly, the EU General Safety Regulation starting from July 2022, all new vehicle types are fitted with advanced safety systems, including trailer assist. This legislation was formed to improve the safety of occupants in vehicles, pedestrians, and cyclists by making it necessary to use life-saving technologies across the different states of the European Union. Consequently, these initiatives provide great opportunities for market expansion, especially in areas that have high safety requirements.