Market Overview:
The global commercial vehicle hill assist systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for commercial vehicles, especially in emerging economies such as China and India, and the increasing focus on safety features in commercial vehicles. The global commercial vehicle hill assist systems market is segmented on the basis of type into driver assistance system, parking assistance system, and other types. The driver assistance system segment is expected to hold the largest share of the global commercial vehicle hill assist systems market during the forecast period owing to its growing demand for advanced safety features in automobiles.
Product Definition:
Commercial Vehicle Hill Assist Systems are a type of electronic stability control system that helps to keep commercial trucks and vans from rolling backwards on hills. These systems use sensors to detect when the vehicle is starting to slide backwards and then apply the brakes or reduce engine power to help keep the vehicle from rolling. Commercial Vehicle Hill Assist Systems are important because they help commercial vehicles stay in control on steep hills, which can prevent accidents and improve safety.
Driver Assistance System:
The driver assistance system is a group of advanced safety technologies that help the drivers to overcome road hazards and obstacles. These systems include features such as adaptive cruise control, lane departure warning, park assist and collision avoidance braking system among others. The market for driver assistance systems in commercial vehicles has been witnessing significant growth over the past few years owing to increased demand for Advanced Driver Assistance Systems (ADAS).
Parking Assistance System:
The global Parking Assistance System (PAS) is a safety feature that helps drivers park the vehicle. It utilizes sensors, which detect an obstacle and provides visual and audible alerts to the driver. The system works on ultrasonic sensors, which send out a series of high-frequency sound waves to determine the distance between nearby objects. These systems are integrated into many vehicles these days; however, they were initially available only in luxury cars.
Application Insights:
The global market is segmented by application into light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). LCV accounted for the largest share in 2017 owing to the growing demand from developing countries such as India, China and Brazil. HCV segment is expected to witness significant growth over the forecast period due to increasing adoption of these systems across developed countries such as U.S., Germany, France and U.K. The parking assistance system segment was valued at USD 536 million in 2017 while other applications including emergency call feature, navigation aid and entertainment accounted for a lesser share in terms of revenue generation on account of limited penetration compared with HCSs or PAWSs globally.
Regional Analysis:
The North American region dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of prominent players such as Continental AG, ZF Friedrichshafen AG, and Autoliv, Inc. Moreover, increasing demand for heavy commercial vehicles is also expected to drive regional growth over the forecast period.
However, Asia Pacific is projected to witness significant growth over the next eight years owing to rising disposable income and changing consumer preferences towards advanced safety systems in developing countries such as India and China. Furthermore, growing investments by prominent players for development of new products are anticipated to fuel regional demand during the forecast period. For instance; Bosch partnered with Alibaba Group (BABA) for selling its active safety systems through online channels only which will boost sales across emerging economies globally including Brazil (Latin America), Argentina (Middle East Africa), South Africa (Africa) etc.).
Growth Factors:
- Increasing demand for commercial vehicles
- Growing awareness about the benefits of CVHA systems
- Technological advancements in CVHA systems
- Stringent safety norms for commercial vehicles
- Rising demand for fuel-efficient commercial vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicle Hill Assist Systems Market Research Report
By Type
Driver Assistance System, Parking Assistance System, Other
By Application
Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)
By Companies
Bosch, Continental, ZF-TRW, Delphi, Knorr-Bremse, Wabco, Murata Manufacturing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicle Hill Assist Systems Market Report Segments:
The global Commercial Vehicle Hill Assist Systems market is segmented on the basis of:
Types
Driver Assistance System, Parking Assistance System, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Continental
- ZF-TRW
- Delphi
- Knorr-Bremse
- Wabco
- Murata Manufacturing
Highlights of The Commercial Vehicle Hill Assist Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Driver Assistance System
- Parking Assistance System
- Other
- By Application:
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Vehicle Hill Assist Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial Vehicle Hill Assist Systems are a type of assist system that is designed to help drivers maintain control of their vehicles on inclines. These systems use sensors to detect the slope of the road and provide assistance in maintaining control.
Some of the key players operating in the commercial vehicle hill assist systems market are Bosch, Continental, ZF-TRW, Delphi, Knorr-Bremse, Wabco, Murata Manufacturing.
The commercial vehicle hill assist systems market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicle Hill Assist Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Vehicle Hill Assist Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Vehicle Hill Assist Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Vehicle Hill Assist Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Vehicle Hill Assist Systems Market Size & Forecast, 2018-2028
4.5.1 Commercial Vehicle Hill Assist Systems Market Size and Y-o-Y Growth
4.5.2 Commercial Vehicle Hill Assist Systems Market Absolute $ Opportunity
Chapter 5 Global Commercial Vehicle Hill Assist Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
5.2.1 Driver Assistance System
5.2.2 Parking Assistance System
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Vehicle Hill Assist Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
6.2.1 Light Commercial Vehicles (LCVs)
6.2.2 Heavy Commercial Vehicles (HCVs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Vehicle Hill Assist Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Vehicle Hill Assist Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Vehicle Hill Assist Systems Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Vehicle Hill Assist Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
9.6.1 Driver Assistance System
9.6.2 Parking Assistance System
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
9.10.1 Light Commercial Vehicles (LCVs)
9.10.2 Heavy Commercial Vehicles (HCVs)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Vehicle Hill Assist Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Vehicle Hill Assist Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
10.6.1 Driver Assistance System
10.6.2 Parking Assistance System
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
10.10.1 Light Commercial Vehicles (LCVs)
10.10.2 Heavy Commercial Vehicles (HCVs)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Vehicle Hill Assist Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Vehicle Hill Assist Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
11.6.1 Driver Assistance System
11.6.2 Parking Assistance System
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
11.10.1 Light Commercial Vehicles (LCVs)
11.10.2 Heavy Commercial Vehicles (HCVs)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Vehicle Hill Assist Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Vehicle Hill Assist Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
12.6.1 Driver Assistance System
12.6.2 Parking Assistance System
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
12.10.1 Light Commercial Vehicles (LCVs)
12.10.2 Heavy Commercial Vehicles (HCVs)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Vehicle Hill Assist Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Vehicle Hill Assist Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Vehicle Hill Assist Systems Market Size Forecast by Type
13.6.1 Driver Assistance System
13.6.2 Parking Assistance System
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Vehicle Hill Assist Systems Market Size Forecast by Applications
13.10.1 Light Commercial Vehicles (LCVs)
13.10.2 Heavy Commercial Vehicles (HCVs)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Vehicle Hill Assist Systems Market: Competitive Dashboard
14.2 Global Commercial Vehicle Hill Assist Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Continental
14.3.3 ZF-TRW
14.3.4 Delphi
14.3.5 Knorr-Bremse
14.3.6 Wabco
14.3.7 Murata Manufacturing
