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Global Automotive Rear Cross Traffic Alert (RCTA) Market 2019-2023 - Product Image

Global Automotive Rear Cross Traffic Alert (RCTA) Market 2019-2023

  • ID: 4790982
  • Report
  • June 2019
  • Region: Global
  • 133 pages
  • TechNavio

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FEATURED COMPANIES

  • Aptiv Plc
  • Continental AG
  • Magna International Inc.
  • Robert Bosch GmbH
  • Valeo SA
  • Veoneer Inc.
  • MORE
Global Automotive Rear Cross Traffic Alert (RCTA) Market: About this market

Automotive rear cross traffic alert is used to assist the driver by alerting them of an approaching vehicle or pedestrian when reversing the car from parking spaces. The automotive rear cross traffic alert market analysis considers the applications of rear cross traffic alert in passenger cars and commercial vehicles. Our analysis also considers the sales of automotive rear cross traffic alert in North America, Europe, APAC, MEA, and South America. In 2018, the passenger cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing safety concerns will play a significant role in the passenger cars segment to maintain its market position. Also, our global automotive rear cross traffic alert market report looks at factors such as the growing demand for cohesive safety systems in automobiles, increasing emphasis on safety solutions by the automotive ecosystem, and stringent regulations governing the use of advanced safety systems. However, the reliability issues leading to doubts over user acceptance, the negative impact of the use of driver assistance systems, and multiple compliance standards complicating ADAS development may hamper the growth of the automotive rear cross traffic alert industry over the forecast period.

Global automotive rear cross traffic alert market: Overview

Increasing emphasis on safety solutions by the automotive ecosystem

Automobile companies are constantly focusing on the development of safety solutions to reduce vehicular accidents caused by human errors. Moreover, consumers have become more concerned about vehicle safety, which is encouraging automakers to adopt technologies such as ADAS in compact segment vehicles. As RTCA forms a crucial part of ADAS, the growing emphasis on safety solutions by the automotive ecosystem will drive the expansion of the automotive rear cross traffic alert market at a CAGR of close to 6% during the forecast period.

Growing use of sensor fusion technique for more accurate information interpretation

Sensor fusion technique is gaining immense popularity among automotive OEMs, particularly in luxury vehicles. Sensor fusion technology takes the input of various sensor types and uses the combined information to perceive the environment more accurately. The technology is expected to be adopted in mass segment vehicles during the forecast period. The growing use of sensor fusion technique will fuel the growth of the automotive rear cross traffic alert market during the next five years.

Competitive Landscape

With the presence of a few major players, the global automotive rear cross traffic alert market is fairly concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive rear cross traffic alert manufacturers, that include Aptiv Plc, Continental AG, Magna International Inc., Robert Bosch GmbH, Valeo SA, and Veoneer Inc.

Also, the automotive rear cross traffic alert market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aptiv Plc
  • Continental AG
  • Magna International Inc.
  • Robert Bosch GmbH
  • Valeo SA
  • Veoneer Inc.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Passenger cars - Market size and forecast 2018-2023
  • Commercial vehicles - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Inclusion of RCTA in the parking package offered by automotive OEMs
  • Growing use of sensor fusion technique for more accurate information interpretation
  • Integration of ADAS and V2X communication to enhance vehicle safety
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aptiv Plc
  • Continental AG
  • Magna International Inc.
  • Robert Bosch GmbH
  • Valeo SA
  • Veoneer Inc.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List Of Exhibits
Exhibit 01: Global automotive electronics market
Exhibit 02: Segments of global automotive electronics market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Passenger cars - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: Passenger cars - Year-over-year growth 2019-2023 (%)
Exhibit 21: Commercial vehicles - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: Commercial vehicles - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 28: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 29: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 32: North America - Year-over-year growth 2019-2023 (%)
Exhibit 33: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: South America - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Aptiv Plc - Vendor overview
Exhibit 46: Aptiv Plc - Business segments
Exhibit 47: Aptiv Plc - Organizational developments
Exhibit 48: Aptiv Plc - Geographic focus
Exhibit 49: Aptiv Plc - Segment focus
Exhibit 50: Aptiv Plc - Key offerings
Exhibit 51: Continental AG - Vendor overview
Exhibit 52: Continental AG - Business segments
Exhibit 53: Continental AG - Organizational developments
Exhibit 54: Continental AG - Geographic focus
Exhibit 55: Continental AG - Segment focus
Exhibit 56: Continental AG - Key offerings
Exhibit 57: Magna International Inc. - Vendor overview
Exhibit 58: Magna International Inc. - Business segments
Exhibit 59: Magna International Inc. - Organizational developments
Exhibit 60: Magna International Inc. - Geographic focus
Exhibit 61: Magna International Inc. - Segment focus
Exhibit 62: Magna International Inc. - Key offerings
Exhibit 63: Robert Bosch GmbH - Vendor overview
Exhibit 64: Robert Bosch GmbH - Business segments
Exhibit 65: Robert Bosch GmbH - Organizational developments
Exhibit 66: Robert Bosch GmbH - Geographic focus
Exhibit 67: Robert Bosch GmbH - Segment focus
Exhibit 68: Robert Bosch GmbH - Key offerings
Exhibit 69: Valeo SA - Vendor overview
Exhibit 70: Valeo SA - Business segments
Exhibit 71: Valeo SA - Organizational developments
Exhibit 72: Valeo SA - Geographic focus
Exhibit 73: Valeo SA - Segment focus
Exhibit 74: Valeo SA - Key offerings
Exhibit 75: Veoneer Inc. - Vendor overview
Exhibit 76: Veoneer Inc. - Business segments
Exhibit 77: Veoneer Inc. - Organizational developments
Exhibit 78: Veoneer Inc. - Geographic focus
Exhibit 79: Veoneer Inc. - Segment focus
Exhibit 80: Veoneer Inc. - Key offerings
Exhibit 81: Validation techniques employed for market sizing
Exhibit 82: Definition of market positioning of vendors
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aptiv Plc
  • Continental AG
  • Magna International Inc.
  • Robert Bosch GmbH
  • Valeo SA
  • Veoneer Inc.
  • MORE
The following companies are recognised as the key players in the global automotive rear cross traffic alert market: Aptiv Plc, Continental AG, Magna International Inc., Robert Bosch GmbH, Valeo SA, and Veoneer Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing use of sensor fusion technique for more accurate information interpretation.”

According to the report, one of the major drivers for this market is the increasing emphasis on safety solutions by the automotive ecosystem.

Further, the report states that one of the major factors hindering the growth of this market is the reliability issues leading to doubts over user acceptance.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
  • Aptiv Plc
  • Continental AG
  • Magna International Inc.
  • Robert Bosch GmbH
  • Valeo SA
  • Veoneer Inc.
Note: Product cover images may vary from those shown

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