Market Overview:
The global Vehicle Hill Assist System market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles, light commercial vehicles, and heavy commercial vehicles across the globe. Additionally, the rising awareness about safety features in automobiles is also propelling the growth of this market. The Vehicle Hill Assist System market can be segmented on the basis of type into ABS (Anti-lock Braking System), ESC (Electronic Stability Control), and TCS (Traction Control System). On the basis of application, it can be classified into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Regionally speaking, North America dominates this market followed by Europe and Asia Pacific respectively.
Product Definition:
A vehicle hill assist system is a system that helps a driver maintain control of their vehicle when driving up or down a hill. This system uses sensors to monitor the angle of the car's wheels and then applies the brakes or adjusts engine power as needed to help keep the car going in the desired direction. Vehicle hill assist systems are important because they can help drivers avoid accidents and maintain control of their cars even in difficult driving conditions.
ABS:
ABS, or Antilock Braking System is a safety feature in vehicles that helps avoid accidents by reducing wheel slip. It's primary function is to help drivers maintain control of their vehicle during braking and reduce the severity of any skid that may occur. ABS can be differentiated from traction control systems which are designed to prevent loss of vehicle traction under severe weather conditions.
The global ABS, usage.
ESC:
ESC or Electronic Stability Control is a safety feature that helps to maintain control of vehicle on steep slope. It also helps in preventing loss of control on any surface. This system uses wheel speed and yaw rate sensors to determine if the driver is applying brake, accelerating or not braking during the turn.
Application Insights:
The global vehicle hill assist system market, by application, is segmented into passenger vehicles, light commercial vehicles (LCVs) and heavy commercial Vehicles (HCVs). The HCV segment dominated the overall industry in terms of revenue in 2017. Factors such as high safety requirements for trucks and buses to reduce the risk of rollover and road accidents are contributing to their increasing demand. Furthermore, government initiatives such as zero tolerance towards drink driving have increased the importance of vehicle stability control systems among manufacturers for offering better driver assistance technologies. This is expected to further fuel product demand over the forecast period.
In terms of revenue share held by passenger vehicles in 2018, this market has been classified into North America region with a share of around 50% followed by Europe at around 40%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for ESC from countries, such as China and India. The presence of key automotive manufacturers in these countries will drive regional growth. Furthermore, rising sales of premium cars with advanced safety systems will also contribute toward market growth.
Europe accounted for a significant share in 2016 owing to stringent government regulations regarding road safety that have compelled automotive manufacturers to incorporate ESC into their vehicles. Moreover, high purchasing power of consumers in Europe has enabled them to choose from a wide range of vehicles equipped with hill descent control systems at competitive prices thereby contributing toward regional market growth.
The North American region is anticipatedto witness steady CAGR over the forecast period due to growing adoption by U.S.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Government initiatives for the promotion of electric and hybrid vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in vehicle hill assist systems
- Growing awareness about the benefits of vehicle hill assist systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Hill Assist System Market Research Report
By Type
ABS, ESC, TCS
By Application
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Bosch, Continental, Knorr-Bremse, WABCO, ZF-TRW, Murata Manufacturing Co., Delphi
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Hill Assist System Market Report Segments:
The global Vehicle Hill Assist System market is segmented on the basis of:
Types
ABS, ESC, TCS
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
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
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
- Knorr-Bremse
- WABCO
- ZF-TRW
- Murata Manufacturing Co.
- Delphi
Highlights of The Vehicle Hill Assist System 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:
- ABS
- ESC
- TCS
- By Application:
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- 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 Vehicle Hill Assist System 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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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?
Vehicle Hill Assist System (VHAS) is a system that helps the driver maintain control of the vehicle on inclines. It uses sensors to detect when the vehicle begins to lose traction and provides assistance by braking or steering.
Some of the major players in the vehicle hill assist system market are Bosch, Continental, Knorr-Bremse, WABCO, ZF-TRW, Murata Manufacturing Co., Delphi.
The vehicle hill assist system market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Hill Assist System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Hill Assist System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Hill Assist System Market - Supply Chain
4.5. Global Vehicle Hill Assist System Market Forecast
4.5.1. Vehicle Hill Assist System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Hill Assist System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Hill Assist System Market Absolute $ Opportunity
5. Global Vehicle Hill Assist System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Hill Assist System Market Size and Volume Forecast by Type
5.3.1. ABS
5.3.2. ESC
5.3.3. TCS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Hill Assist System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Hill Assist System Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Light Commercial Vehicles
6.3.3. Heavy Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Hill Assist System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Hill Assist System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Hill Assist System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Hill Assist System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Hill Assist System Demand Share Forecast, 2019-2026
9. North America Vehicle Hill Assist System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Hill Assist System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Hill Assist System Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Light Commercial Vehicles
9.4.3. Heavy Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Hill Assist System Market Size and Volume Forecast by Type
9.7.1. ABS
9.7.2. ESC
9.7.3. TCS
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Hill Assist System Demand Share Forecast, 2019-2026
10. Latin America Vehicle Hill Assist System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Hill Assist System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Hill Assist System Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Light Commercial Vehicles
10.4.3. Heavy Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Hill Assist System Market Size and Volume Forecast by Type
10.7.1. ABS
10.7.2. ESC
10.7.3. TCS
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Hill Assist System Demand Share Forecast, 2019-2026
11. Europe Vehicle Hill Assist System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Hill Assist System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Hill Assist System Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Light Commercial Vehicles
11.4.3. Heavy Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Hill Assist System Market Size and Volume Forecast by Type
11.7.1. ABS
11.7.2. ESC
11.7.3. TCS
11.8. BasisPoint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Hill Assist System Demand Share, 2019-2026
12. Asia Pacific Vehicle Hill Assist System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Hill Assist System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Hill Assist System Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Light Commercial Vehicles
12.4.3. Heavy Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Hill Assist System Market Size and Volume Forecast by Type
12.7.1. ABS
12.7.2. ESC
12.7.3. TCS
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Hill Assist System Demand Share, 2019-2026
13. Middle East & Africa Vehicle Hill Assist System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Hill Assist System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Hill Assist System Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Light Commercial Vehicles
13.4.3. Heavy Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Hill Assist System Market Size and Volume Forecast by Type
13.7.1. ABS
13.7.2. ESC
13.7.3. TCS
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Hill Assist System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Hill Assist System Market: Market Share Analysis
14.2. Vehicle Hill Assist System Distributors and Customers
14.3. Vehicle Hill Assist System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Knorr-Bremse
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WABCO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ZF-TRW
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Murata Manufacturing Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Delphi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
