The trailer assist works on the principle of park-assist that helps the driver to park or reverse a vehicle into a parking lane or a tight spot with a trailer towed at the rear. This system helps in saving time while reversing and provides safety and comfort to the driver.

Market Analysis and Insights: Global Trailer Assist System Market
The global Trailer Assist System market size is projected to reach US$ 109.2 million by 2027, from US$ 71 million in 2020, at a CAGR of 6.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Trailer Assist System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Trailer Assist System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Trailer Assist System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Trailer Assist System market.

Global Trailer Assist System Scope and Market Size
Trailer Assist System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Trailer Assist System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Semi-Autonomous(L3)
Autonomous(L4, L5)

Segment by Application
Vehicle Manufacturing
Traffic
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Continental
Bosch
Magna
WABCO
Westfalia
Ford
Land Rover