The increasing concern for road safety is resulting in the rise in demand for the automotive rear cross traffic alert system to minimise vehicular accidents caused by human errors. Europe dominated the market in 2018 due to growing awareness regarding vehicle safety in the region.
Market Segmentation
Rear cross traffic alert is intended to warn the driver about the back-traffic. Automotive rear cross traffic alert finds its applications in passenger cars and commercial vehicles.Market Breakup by Type
- Ultrasonic
- Radar
Market Breakup by Distribution Channels
- OEMs
- Aftermarket
Market Breakup by Applications
- Passenger Cars
- Commercial Vehicles
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
The global automotive rear cross traffic alert industry is being driven by implementation of sensor fusion technology in automotive industry. The market is further aided by the growing emphasis on road safety due to the increasing cases of road accidents. Passenger car is the leading segment due to growing demand for compact and medium-sized cars, particularly in emerging economies like India and China. While, Europe dominates the market, Asia-Pacific is also an emerging market for the product, owing to the rising demand for commercial and passenger cars. Moreover, in developing economies like China, the implementation of safety regulations, like the China New Car Assessment Program is encouraging the producers to include advanced safety features in their vehicles, which further aids the market.Competitive Landscape
The report presents a detailed analysis of the following key players in the global automotive rear cross traffic alert industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Continental AG
- Robert Bosch GmbH
- Infineon Technologies AG
- Veoneer Inc.
- Autoliv
- Magna International Inc.
- Aptiv
- Others
Table of Contents
Companies Mentioned
The key companies featured in this Automotive Rear Cross Traffic Alert market report include:- Continental AG
- Robert Bosch GmbH
- Infineon Technologies AG
- Veoneer Inc.
- Autoliv
- Magna International Inc.
- Aptiv
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 155 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 3.84 Billion |
Forecasted Market Value ( USD | $ 8.76 Billion |
Compound Annual Growth Rate | 8.6% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |