Global Commercial Vehicle Hill Assist System Market 2017-2021


#1315115

79pages

Technavio

$ 3500

In Stock

About Commercial Vehicle Hill Assist System

Commercial vehicle hill assist system is an additional auxiliary component added to the vehicle's braking systems for coordinating with the vehicle's transmission systems and preventing back-roll of the vehicle while starting on sloping terrains and to control descent while limiting engine power to conserve fuel. Commercial vehicles are witnessing rising demand owing to increase in small business confidence and public transportation in the countries like China and India.

Technavios analysts forecast the global commercial vehicle hill assist system market to decline at a CAGR of (7.69%) during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle hill assist system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Commercial Vehicle Hill Assist System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bosch
Continental
Knorr-Bremse
WABCO
ZF-TRW
Other prominent vendors
Murata Manufacturing Co.
Delphi

Market driver
Increased penetration of ABS and ESC systems in commercial vehicles
For a full, detailed list, view our report

Market challenge
Higher instances of thermal damage due to prolonged usage
For a full, detailed list, view our report

Market trend
Rising popularity of autonomous terrain profiling
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.