1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends
Trailer Assist System Market by Technology, Component, Vehicle, User And Region - Global Forecast to 2027

Trailer Assist System Market by Technology, Component, Vehicle, User And Region - Global Forecast to 2027

  • May 2019
  • 117 pages
  • ID: 5779462
  • Format: PDF
  • By MarketsandMarkets


Table of Contents

Search Inside

Demand for safety and comfort features are significant factors for the growth of the trailer assist system market globally
The global trailer assist system market is estimated to grow from USD 82 million in 2019 to reach USD 182 million by 2027, at a CAGR of 10.5% during the forecast period. With the increase in sales of passenger cars and LCVs, consumers are increasingly demanding comfort & safety for these vehicle segments. However, limited usage of towing trailers in developing countries can create a hurdle for its growth.

Increase in sales of passenger cars and LCV’s are likely to propel the growth of passenger cars and LCV’s during the forecast period
The passenger cars segment is expected to be the fastest growing market.The trailer assist system for LCVs is provided by very few OEMs, which includes Volkswagen in Europe, and Ford in the US.

Volkswagen is offering the system as an optional package for Touran and Crafter van for European region only except few countries, whereas Ford provides trailer assist system for F-series in LCV in North America which includes the US and Canada.The LCV market is high in numbers due to the US and Canada, where F-series sales are high.

The demand for LCV is expected to grow at the highest growth rate in North America, where people prefer more LCVs compared to passenger cars. In Europe, the market will increase with the moderate growth rate.

The North American market is expected to register the fastest growth during the forecast period.
The North American market is expected to witness the fastest growth, followed by Western Europe and Eastern Europe.The automotive industry, primarily dominated by the US, is one of the most advanced automotive sectors, with a penchant for highly advanced and powerful automobiles.

The OEMs which are providing trailer assist system in this region is Ford and Land Rover. Ford has launched this feature specifically for their North American customers for models like Ford Expedition and F-series.

Western Europe is expected to be the largest market during the forecast period.
Western Europe is expected to be the largest market, followed by North America.In Western Europe, the countries included are France, Germany, Spain, Italy, UK, Belgium, and the Netherlands.

These countries are economically stable, have a high standard of living, and disposable income is high.People in these countries usually prefer towing trailers for various activities like recreational activities, camping, small business activities, household work.

In these countries labor cost is high, so people usually prefer to do their household activities on their own, so the demand for towing trailers is high in Western European countries.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Company Type: Tier I - 38%, Tier II - 37%, and Tier III - 25%
• By Designation: C Level - 30%, D Level - 50%, and Others - 20%
• By Region: North America - 37%, Western Europe - 35%, Eastern Europe – 15% and Rest of the World - 13%

The trailer assist system market comprises major manufacturers such as, Bosch (Germany), Continental (Germany), Magna (Canada), Westfalia (Germany), and WABCO (Belgium.

Research Coverage:
The market study covers the trailer assist system across segments.It aims at estimating the market size and future growth potential of this market across different segments such as the technology type, component type, vehicle type, user type, and region.

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall trailer assist system market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Air Suspension Market by Vehicle Type, Component, Technology, Cab Suspension, Aftermarket, & Region - Forecast to 2025

Air Suspension Market by Vehicle Type, Component, Technology, Cab Suspension, Aftermarket, & Region - Forecast to 2025

  • $ 5650
  • April 2019

Increasing demand for luxury and comfort and growing demand for luxury buses are expected to fuel the demand for the air suspension marketThe air suspension market is projected to grow at a CAGR of 6.76% ...

Medium & Heavy Trucks Global Industry Almanac 2014-2023

Medium & Heavy Trucks Global Industry Almanac 2014-2023

  • $ 2995
  • May 2019

Medium & Heavy Trucks Global Industry Almanac 2014-2023SummaryGlobal Medium & Heavy Trucks industry profile provides top-line qualitative and quantitative summary information including: market size (value ...

Global Automotive Sensors Market - Opportunities and Forecast (2014-2024)

Global Automotive Sensors Market - Opportunities and Forecast (2014-2024)

  • $ 2400
  • May 2019

Executive SummaryA comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the ...


Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on