Pre & Post COVID-19 Market Estimates-Automotive Rear Cross Traffic Alert (RCTA) Market 2019-2023 | Focus on Safety Solutions to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Apr 21, 2020--

Technavio has been monitoring the automotive rear cross traffic alert (RCTA) market and it is poised to grow by USD 1.93 billion during 2019-2023, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced the latest market research report titled Global Automotive Rear Cross Traffic Alert Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aptiv Plc, Continental AG, Magna International Inc., Robert Bosch GmbH, Valeo SA, and Veoneer Inc. are some of the major market participants. The focus on safety solutions will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Focus on safety solutions has been instrumental in driving the growth of the market.

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

Automotive rear cross traffic alert (RCTA) market is segmented as below:

  • Application
    • Passenger Cars
    • Commercial Vehicles
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR31407

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

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive rear cross traffic alert (RCTA) market report covers the following areas:

  • Automotive Rear Cross Traffic Alert (RCTA) Market Size
  • Automotive Rear Cross Traffic Alert (RCTA) Market Trends
  • Automotive Rear Cross Traffic Alert (RCTA) Market Industry Analysis

This study identifies growing use of sensor fusion technique for more accurate information interpretation as one of the prime reasons driving the automotive rear cross traffic alert (RCTA) market growth during the next few years.

Automotive Rear Cross Traffic Alert (RCTA) Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the automotive rear cross traffic alert (RCTA) market, including some of the vendors such as Aptiv Plc, Continental AG, Magna International Inc., Robert Bosch GmbH, Valeo SA, and Veoneer Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive rear cross traffic alert (RCTA) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive Rear Cross Traffic Alert (RCTA) Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist automotive rear cross traffic alert (RCTA) market growth during the next five years
  • Estimation of the automotive rear cross traffic alert (RCTA) market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive rear cross traffic alert (RCTA) market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive rear cross traffic alert (RCTA) market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 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

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200421005333/en/

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Jesse Maida

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS AFTERMARKET AUTOMOTIVE SECURITY AUTOMOTIVE MANUFACTURING MANUFACTURING OTHER AUTOMOTIVE HARDWARE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 04/21/2020 08:30 AM/DISC: 04/21/2020 08:30 AM

http://www.businesswire.com/news/home/20200421005333/en

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