Global Trailer Assist System Market was valued at US$ 102.33 Mn in 2022 and is expected to reach US$ 223.69 Mn by 2029, at a CAGR of 11.82% during a forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Global Trailer Assist System Market Dynamics
The growth of market is influenced by factors, for instance, rising demand for safety and comfort features. With the rise in sales of passenger cars and LCVs, consumers are increasingly demanding comfort and safety for these vehicle segments. Because of the inefficiency of drivers, many accidents happen during the parking of vehicle. Parking a vehicle involved with a trailer is a challenging task even for trained drivers. Increasing developments in the field of autonomous and semi-autonomous vehicles are the major opportunity in the global market for trailer assist system. However, high cost and non-availability of required infrastructure in developing countries are expected to hinder the growth of the trailer assist system market during the forecast period. Limited usage of towing trailers in developing countries, is the major challenge faced by this market.Global Trailer Assist System Market Segment Analysis
OEMs are expected to remain most dominant segment during the forecast period. The trailer assist system is now limited to the OEM market only as it is a newly introduced technology, and only a few OEMs are provided that such a technology in their vehicles. OEMs which offer trailer assist system includes Volkswagen, Ford, Audi, Land Rover, Mercedes Benz, and Skoda. These OEMs deliver such technologies in their luxury vehicles as an optional package. Software module segment is expected to witness the fastest growth during the forecast period. The market for software modules in trailer assist system will upsurge gradually with the rise in the autonomous technology in the vehicles. It is estimated that in the future, software cost will increase owing to technological advancement and introduction of autonomous vehicles.Global Regional Insights
North American region is expected to be the fastest growing market during the forecast period. It comprises developed economies like the U.S and Canada. The demand for safety and comfort features in luxury vehicles is high in this region, coupled with a rise in usage of trailers. Moreover, the usage of towing trailers for various recreational activities is going to boost the demand for trailer assist systems. The implementation of new technologies and government regulations regarding safety are driving trailer assist system market in this region. A recent development in the global trailer assist system market. In September 2018, WABCO signed a Memorandum of Understanding (MoU) through Valeo, an automotive technology leader at the centre of numerous automotive industry innovations. In this agreement, the parties aim to develop sensor technologies helping pave the way for Valeo to supply WABCO with advanced short and mid-range sensors, with 77GHz radar and solid-state LiDAR, to develop & industrialize the next generation of ADAS, among the key building blocks for vehicle autonomy. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global market.Key Highlights:
Global Trailer Assist System Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Trailer Assist System Market Global market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. The Trailer Assist System Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Trailer Assist System Market are also profiled.Trailer Assist System Market Scope: Inquire before buying
Global Trailer Assist System Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 102.33 Mn. Forecast Period 2023 to 2029 CAGR: 11.82% Market Size in 2029: US $ 223.69 Mn. Segments Covered: by User Type OEM Fitted Aftermarket by Component Camera/Sensor Software Module by Vehicle Type Passenger Car Light Commercial Vehicle (LCV) Truck Global Trailer Assist System Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Trailer Assist System Market Key players
1.Continental AG 2.Bosch 3.Magna 4.Wabco 5.Westfalia 6.Towgo 7.Carit Automotive 8.Valeo 9.Garmin 10.Cogent Embedded 11.Dornerworks 12.Echomaster 13.Ford Motor Company, 14.Volkswagen AG, 15.Hitachi, Ltd 16.Siemens AG 17.Jaguar Land Rover Limited, 18.POCLAIN HYDRAULICS 19.Hella KGaA Hueck & Co 20.ZF Friedrichshafen AG Frequently Asked Questions: 1. Which region has the largest share in Global Trailer Assist System Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global market? Ans: The Global mMarket is growing at a CAGR of 11.82% during forecasting period 2023-2029. 3. What is scope of the Global Trailer Assist System Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Trailer Assist System Market size in 2022? Ans: The Global market was valued at US$ 102.33 Mn. In 2022. 5. What is the study period of this Market? Ans: The Global market is studied from 2022 to 2029.
Global Trailer Assist System Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Global Trailer Assist System Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global Trailer Assist System Market 5. Supply Side and Demand Side Indicators 6. Global Trailer Assist System Market Analysis and Forecast 6.1. Global Trailer Assist System Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Trailer Assist System Market Analysis and Forecast, by User Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Trailer Assist System Market Value Share Analysis, by User Type 7.4. Global Trailer Assist System Market Size (US$ Mn) Forecast, by User Type 7.5. Global Trailer Assist System Market Analysis, by User Type 7.6. Global Trailer Assist System Market Attractiveness Analysis, by User Type 8. Global Trailer Assist System Market Analysis and Forecast, by Component 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Trailer Assist System Market Value Share Analysis, by Component 8.4. Global Trailer Assist System Market Size (US$ Mn) Forecast, by Component 8.5. Global Trailer Assist System Market Analysis, by Component 8.6. Global Trailer Assist System Market Attractiveness Analysis, by Component 9. Global Trailer Assist System Market Analysis and Forecast, by Vehicle Type 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Trailer Assist System Market Value Share Analysis, by Vehicle Type 9.4. Global Trailer Assist System Market Size (US$ Mn) Forecast, by Vehicle Type 9.5. Global Trailer Assist System Market Analysis, by Vehicle Type 9.6. Global Trailer Assist System Market Attractiveness Analysis, by Vehicle Type 10. Global Trailer Assist System Market Analysis, by Region 10.1. Global Trailer Assist System Market Value Share Analysis, by Region 10.2. Global Trailer Assist System Market Size (US$ Mn) Forecast, by Region 10.3. Global Trailer Assist System Market Attractiveness Analysis, by Region 11. North America Trailer Assist System Market Analysis 11.1. Key Findings 11.2. North America Trailer Assist System Market Overview 11.3. North America Trailer Assist System Market Value Share Analysis, by User Type 11.4. North America Trailer Assist System Market Forecast, by User Type 11.4.1. OEM Fitted 11.4.2. Aftermarket 11.5. North America Trailer Assist System Market Value Share Analysis, by Component 11.6. North America Trailer Assist System Market Forecast, by Component 11.6.1. Camera/Sensor 11.6.2. Software Module 11.7. North America Trailer Assist System Market Value Share Analysis, by Vehicle Type 11.8. North America Trailer Assist System Market Forecast, by Vehicle Type 11.8.1. Passenger Car 11.8.2. Light Commercial Vehicle (LCV) 11.8.3. Truck 11.9. North America Trailer Assist System Market Value Share Analysis, by Country 11.10. North America Trailer Assist System Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Trailer Assist System Market Analysis, by Country 11.12. U.S. Trailer Assist System Market Forecast, by User Type 11.12.1. OEM Fitted 11.12.2. Aftermarket 11.13. U.S. Trailer Assist System Market Forecast, by Component 11.13.1. Camera/Sensor 11.13.2. Software Module 11.14. U.S. Trailer Assist System Market Forecast, by Vehicle Type 11.14.1. Passenger Car 11.14.2. Light Commercial Vehicle (LCV) 11.14.3. Truck 11.15. Canada Trailer Assist System Market Forecast, by User Type 11.15.1. OEM Fitted 11.15.2. Aftermarket 11.16. Steel Canada Trailer Assist System Market Forecast, by Component 11.16.1. Camera/Sensor 11.16.2. Software Module 11.17. Canada Trailer Assist System Market Forecast, by Vehicle Type 11.17.1. Passenger Car 11.17.2. Light Commercial Vehicle (LCV) 11.17.3. Truck 11.18. North America Trailer Assist System Market Attractiveness Analysis 11.18.1. By User Type 11.18.2. By Component 11.18.3. By Vehicle Type 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Trailer Assist System Market Analysis 12.1. Key Findings 12.2. Europe Trailer Assist System Market Overview 12.3. Europe Trailer Assist System Market Value Share Analysis, by User Type 12.4. Europe Trailer Assist System Market Forecast, by User Type 12.4.1. OEM Fitted 12.4.2. Aftermarket 12.5. Europe Trailer Assist System Market Value Share Analysis, by Component 12.6. Europe Trailer Assist System Market Forecast, by Component 12.6.1. Camera/Sensor 12.6.2. Software Module 12.7. Europe Trailer Assist System Market Value Share Analysis, by Vehicle Type 12.8. Europe Trailer Assist System Market Forecast, by Vehicle Type 12.8.1. Passenger Car 12.8.2. Light Commercial Vehicle (LCV) 12.8.3. Truck 12.9. Europe Trailer Assist System Market Value Share Analysis, by Country 12.10. Europe Trailer Assist System Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Trailer Assist System Market Analysis, by Country 12.12. Germany Trailer Assist System Market Forecast, by User Type 12.12.1. OEM Fitted 12.12.2. Aftermarket 12.13. Germany Trailer Assist System Market Forecast, by Component 12.13.1. Camera/Sensor 12.13.2. Software Module 12.14. Germany Trailer Assist System Market Forecast, by Vehicle Type 12.14.1. Passenger Car 12.14.2. Light Commercial Vehicle (LCV) 12.14.3. Truck 12.15. U.K. Trailer Assist System Market Forecast, by User Type 12.15.1. OEM Fitted 12.15.2. Aftermarket 12.16. U.K. Trailer Assist System Market Forecast, by Component 12.16.1. Camera/Sensor 12.16.2. Software Module 12.17. U.K. Trailer Assist System Market Forecast, by Vehicle Type 12.17.1. Passenger Car 12.17.2. Light Commercial Vehicle (LCV) 12.17.3. Truck 12.18. France Trailer Assist System Market Forecast, by User Type 12.18.1. OEM Fitted 12.18.2. Aftermarket 12.19. France Trailer Assist System Market Forecast, by Component 12.19.1. Camera/Sensor 12.19.2. Software Module 12.20. France Trailer Assist System Market Forecast, by Vehicle Type 12.20.1. Passenger Car 12.20.2. Light Commercial Vehicle (LCV) 12.20.3. Truck 12.21. Italy Trailer Assist System Market Forecast, by User Type 12.21.1. OEM Fitted 12.21.2. Aftermarket 12.22. Italy Trailer Assist System Market Forecast, by Component 12.22.1. Camera/Sensor 12.22.2. Software Module 12.23. Italy Trailer Assist System Market Forecast, by Vehicle Type 12.23.1. Passenger Car 12.23.2. Light Commercial Vehicle (LCV) 12.23.3. Truck 12.24. Spain Trailer Assist System Market Forecast, by User Type 12.24.1. OEM Fitted 12.24.2. Aftermarket 12.25. Spain Trailer Assist System Market Forecast, by Component 12.25.1. Camera/Sensor 12.25.2. Software Module 12.26. Spain Trailer Assist System Market Forecast, by Vehicle Type 12.26.1. Passenger Car 12.26.2. Light Commercial Vehicle (LCV) 12.26.3. Truck 12.27. Rest of Europe Trailer Assist System Market Forecast, by User Type 12.27.1. OEM Fitted 12.27.2. Aftermarket 12.28. Rest of Europe Trailer Assist System Market Forecast, by Component 12.28.1. Camera/Sensor 12.28.2. Software Module 12.29. Rest Of Europe Trailer Assist System Market Forecast, by Vehicle Type 12.29.1. Passenger Car 12.29.2. Light Commercial Vehicle (LCV) 12.29.3. Truck 12.30. Europe Trailer Assist System Market Attractiveness Analysis 12.30.1. By User Type 12.30.2. By Component 12.30.3. By Vehicle Type 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Asia Pacific Trailer Assist System Market Analysis 13.1. Key Findings 13.2. Asia Pacific Trailer Assist System Market Overview 13.3. Asia Pacific Trailer Assist System Market Value Share Analysis, by User Type 13.4. Asia Pacific Trailer Assist System Market Forecast, by User Type 13.4.1. OEM Fitted 13.4.2. Aftermarket 13.5. Asia Pacific Trailer Assist System Market Value Share Analysis, by Component 13.6. Asia Pacific Trailer Assist System Market Forecast, by Component 13.6.1. Camera/Sensor 13.6.2. Software Module 13.7. Asia Pacific Trailer Assist System Market Value Share Analysis, by Vehicle Type 13.8. Asia Pacific Trailer Assist System Market Forecast, by Vehicle Type 13.8.1. Passenger Car 13.8.2. Light Commercial Vehicle (LCV) 13.8.3. Truck 13.9. Asia Pacific Trailer Assist System Market Value Share Analysis, by Country 13.10. Asia Pacific Trailer Assist System Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Trailer Assist System Market Analysis, by Country 13.12. China Trailer Assist System Market Forecast, by User Type 13.12.1. OEM Fitted 13.12.2. Aftermarket 13.13. China Trailer Assist System Market Forecast, by Component 13.13.1. Camera/Sensor 13.13.2. Software Module 13.14. China Trailer Assist System Market Forecast, by Vehicle Type 13.14.1. Passenger Car 13.14.2. Light Commercial Vehicle (LCV) 13.14.3. Truck 13.15. India Trailer Assist System Market Forecast, by User Type 13.15.1. OEM Fitted 13.15.2. Aftermarket 13.16. India Trailer Assist System Market Forecast, by Component 13.16.1. Camera/Sensor 13.16.2. Software Module 13.17. India Trailer Assist System Market Forecast, by Vehicle Type 13.17.1. Passenger Car 13.17.2. Light Commercial Vehicle (LCV) 13.17.3. Truck 13.18. Japan Trailer Assist System Market Forecast, by User Type 13.18.1. OEM Fitted 13.18.2. Aftermarket 13.19. Japan Trailer Assist System Market Forecast, by Component 13.19.1. Camera/Sensor 13.19.2. Software Module 13.20. Japan Trailer Assist System Market Forecast, by Vehicle Type 13.20.1. Passenger Car 13.20.2. Light Commercial Vehicle (LCV) 13.20.3. Truck 13.21. ASEAN Trailer Assist System Market Forecast, by User Type 13.21.1. OEM Fitted 13.21.2. Aftermarket 13.22. ASEAN Trailer Assist System Market Forecast, by Component 13.22.1. Camera/Sensor 13.22.2. Software Module 13.23. ASEAN Trailer Assist System Market Forecast, by Vehicle Type 13.23.1. Passenger Car 13.23.2. Light Commercial Vehicle (LCV) 13.23.3. Truck 13.24. Rest of Asia Pacific Trailer Assist System Market Forecast, by User Type 13.24.1. OEM Fitted 13.24.2. Aftermarket 13.25. Rest of Asia Pacific Trailer Assist System Market Forecast, by Component 13.25.1. Camera/Sensor 13.25.2. Software Module 13.26. Rest of Asia Pacific Trailer Assist System Market Forecast, by Vehicle Type 13.26.1. Passenger Car 13.26.2. Light Commercial Vehicle (LCV) 13.26.3. Truck 13.27. Asia Pacific Trailer Assist System Market Attractiveness Analysis 13.27.1. By User Type 13.27.2. By Component 13.27.3. By Vehicle Type 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Developments 14. Middle East & Africa Trailer Assist System Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Trailer Assist System Market Overview 14.3. Middle East & Africa Trailer Assist System Market Value Share Analysis, by User Type 14.4. Middle East & Africa Trailer Assist System Market Forecast, by User Type 14.4.1. OEM Fitted 14.4.2. Aftermarket 14.5. Middle East & Africa Trailer Assist System Market Value Share Analysis, by Component 14.6. Middle East & Africa Trailer Assist System Market Forecast, by Component 14.6.1. Camera/Sensor 14.6.2. Software Module 14.7. Middle East & Africa Trailer Assist System Market Value Share Analysis, by Vehicle Type 14.8. Middle East & Africa Trailer Assist System Market Forecast, by Vehicle Type 14.8.1. Passenger Car 14.8.2. Light Commercial Vehicle (LCV) 14.8.3. Truck 14.9. Middle East & Africa Trailer Assist System Market Value Share Analysis, by Country 14.10. Middle East & Africa Trailer Assist System Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Trailer Assist System Market Analysis, by Country 14.12. GCC Trailer Assist System Market Forecast, by User Type 14.12.1. OEM Fitted 14.12.2. Aftermarket 14.13. GCC Trailer Assist System Market Forecast, by Component 14.13.1. Camera/Sensor 14.13.2. Software Module 14.14. GCC Trailer Assist System Market Forecast, by Vehicle Type 14.14.1. Passenger Car 14.14.2. Light Commercial Vehicle (LCV) 14.14.3. Truck 14.15. South Africa Trailer Assist System Market Forecast, by User Type 14.15.1. OEM Fitted 14.15.2. Aftermarket 14.16. South Africa Trailer Assist System Market Forecast, by Component 14.16.1. Camera/Sensor 14.16.2. Software Module 14.17. South Africa Trailer Assist System Market Forecast, by Vehicle Type 14.17.1. Passenger Car 14.17.2. Light Commercial Vehicle (LCV) 14.17.3. Truck 14.18. Rest of Middle East & Africa Trailer Assist System Market Forecast, by User Type 14.18.1. OEM Fitted 14.18.2. Aftermarket 14.19. Rest of Middle East & Africa Trailer Assist System Market Forecast, by Component 14.19.1. Camera/Sensor 14.19.2. Software Module 14.20. Rest of Middle East & Africa Trailer Assist System Market Forecast, by Vehicle Type 14.20.1. Passenger Car 14.20.2. Light Commercial Vehicle (LCV) 14.20.3. Truck 14.21. Middle East & Africa Trailer Assist System Market Attractiveness Analysis 14.21.1. By User Type 14.21.2. By Component 14.21.3. By Vehicle Type 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. South America Trailer Assist System Market Analysis 15.1. Key Findings 15.2. South America Trailer Assist System Market Overview 15.3. South America Trailer Assist System Market Value Share Analysis, by User Type 15.4. South America Trailer Assist System Market Forecast, by User Type 15.4.1. OEM Fitted 15.4.2. Aftermarket 15.5. South America Trailer Assist System Market Value Share Analysis, by Component 15.6. South America Trailer Assist System Market Forecast, by Component 15.6.1. Camera/Sensor 15.6.2. Software Module 15.7. South America Trailer Assist System Market Value Share Analysis, by Vehicle Type 15.8. South America Trailer Assist System Market Forecast, by Vehicle Type 15.8.1. Passenger Car 15.8.2. Light Commercial Vehicle (LCV) 15.8.3. Truck 15.9. South America Trailer Assist System Market Value Share Analysis, by Country 15.10. South America Trailer Assist System Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Trailer Assist System Market Analysis, by Country 15.12. Brazil Trailer Assist System Market Forecast, by User Type 15.12.1. OEM Fitted 15.12.2. Aftermarket 15.13. Brazil Trailer Assist System Market Forecast, by Component 15.13.1. Camera/Sensor 15.13.2. Software Module 15.14. Brazil Trailer Assist System Market Forecast, by Vehicle Type 15.14.1. Passenger Car 15.14.2. Light Commercial Vehicle (LCV) 15.14.3. Truck 15.15. Mexico Trailer Assist System Market Forecast, by User Type 15.15.1. OEM Fitted 15.15.2. Aftermarket 15.16. Mexico Trailer Assist System Market Forecast, by Component 15.16.1. Camera/Sensor 15.16.2. Software Module 15.17. Mexico Trailer Assist System Market Forecast, by Vehicle Type 15.17.1. Passenger Car 15.17.2. Light Commercial Vehicle (LCV) 15.17.3. Truck 15.18. Rest of South America Trailer Assist System Market Forecast, by User Type 15.18.1. OEM Fitted 15.18.2. Aftermarket 15.19. Rest of South America Trailer Assist System Market Forecast, by Component 15.19.1. Camera/Sensor 15.19.2. Software Module 15.20. Rest of South America Trailer Assist System Market Forecast, by Vehicle Type 15.20.1. Passenger Car 15.20.2. Light Commercial Vehicle (LCV) 15.20.3. Truck 15.21. South America Trailer Assist System Market Attractiveness Analysis 15.21.1. By User Type 15.21.2. By Component 15.21.3. By Vehicle Type 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Continental AG 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Company Footprint 16.3.2. Bosch 16.3.3. Magna 16.3.4. Wabco 16.3.5. Westfalia 16.3.6. Towgo 16.3.7. Carit Automotive 16.3.8. Valeo 16.3.9. Garmin 16.3.10. Cogent Embedded 16.3.11. Dornerworks 16.3.12. Echomaster 16.3.13.Ford Motor Company, 16.3.14.Volkswagen AG, 16.3.15.Hitachi, Ltd 16.3.16.Siemens AG 16.3.17. Jaguar Land Rover Limited, 16.3.18.POCLAIN HYDRAULICS 16.3.19.Hella KGaA Hueck & Co 16.3.20.ZF Friedrichshafen AG 17. Primary Key Insights