Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Rear Cross Traffic Alert System Market

Rear Cross Traffic Alert System Market by Sensor Type (Ultrasonic and Radar), by End User (OEMs and Aftermarket), and by Vehicle Type (Passenger Vehicle and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08918
Pages: NA
Dec 2021 | 386 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Rear Cross Traffic Alert System Market

Request Now !

Rear Cross Traffic Alert System Market Outlook - 2027

With introduction of safety features like rear view camera and parking sensors are a huge help to driver. Taking that technology, a step further, rear cross traffic alert assists the driver while reversing out of parking space, which is often a blind spot for driver due to vehicles parked in the vicinity. The system consists of back-up cameras and a sensor which uses ultrasonic or radar waves located at the rear bumper and aids in avoiding collision of vehicles. While backing in a congested parking space, the rear cross traffic alert system market provides a visual or auditory warning if an approaching vehicle enters the rear cross traffic alert detection areas. The growing emphasis of Advanced Driver Assistance System (ADAS) and safety solutions will flourish the market in coming years.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Sensor type, end user, and vehicle type

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Robert Bosch GmbH, Valeo, Autoliv Inc., Delphi Technologies, Continental AG, Infineon Technologies AG, Magna International Inc., Ford Motor Company, Nissan, and Aptiv

 

COVID-19 scenario analysis: 

  • The fall-down of economy and global lockdown have imposed a threat to automotive sector.
  • With decreasing sales of vehicles around the globe, the automotive component manufacturers would face a major challenge.
  • Various car manufacturers are have started researching on ways to provide car cabin hygiene. 
  • However, the demand for luxury vehicles will drop significantly due to this pandemic as consumer spending will fall drastically. Additionally, the sales of rear cross traffic alert system will remain less as it is used in majority of high-end vehicles. 

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

The rising focus of automakers to adapt additional safety features in vehicle is driving the market of rear cross traffic alert system. Additionally, increasing number of accidents due to human errors in parking is cumulating the demand for rear cross traffic alert system. Moreover, growing rules and regulations imposed by governments to raise the level of vehicle safety is fueling the market. However, factor like failure of the system to detect small motorcycle, bicycle or pedestrian and inability to work in angled parking will hamper the market growth. Furthermore, advancement in technologies to support the growth of autonomous vehicle is proliferating the rear cross traffic alert system market.

The rear cross traffic alert system market trends are as follows:

Partnerships to propel the market

Increasing safety concerns and adoption of advanced technology among consumers have motivated automaker to adopt rear cross traffic alert system. In luxury vehicle segment – Nissan, Mazda, Kia, Hyundai, and others are adopting rear cross traffic alert for additional safety. In 2018, Sandhar Technologies Ltd. has signed a joint venture agreement with Whetron Electronics Co. Ltd.  to supply future technology products, which includes rear cross traffic alert system. 

Innovation to enlarge the market

The OEMs are focusing on heavy investment in research activities to flourish the market growth. Additionally, regulatory norms from European Union (EU) and the United Nations Economic Commission for Europe (UNECE) has intensified the use of Advanced Driver Assistance System (ADAS) in vehicles. Moreover, due to these factors, the automakers are focusing on development of the system. In 2019, MediaTek launched a chip Autus R10 to detect the obstacle with 360-degree view around camera, which can be used for multiple application including rear cross traffic alert system.

Key segments covered:

Segments

Sub-segments

  Sensor type

  • Ultrasonic
  • Radar

  End user

  • OEMs
  • Aftermarket

  Vehicle type

  • Passenger vehicle
  • Commercial vehicle

 

Key benefits of the report:

  • This study presents the analytical depiction of the rear cross traffic alert system market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the rear cross traffic alert system market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the rear cross traffic alert system market research report:

  • What are the leading market players active in the rear cross traffic alert system market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Rear Cross Traffic Alert System Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers