Hill-Start Assist System Market By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Vehicle Propulsion (ICE Vehicles, Electric and Hybrid Vehicles), By Vehicle Class (Luxury, Economy): Global Opportunity Analysis and Industry Forecast, 2021-2031
A hill assist system is integrated into vehicles for prevention of roll back on an inclination. The hill assist system holds a vehicle’s brakes during the switch between the brake and acceleration pedals. The system includes use of sensors, brake actuators, and electronic control unit (ECU) to provide enhanced safety on inclined surfaces. Even though, the hill-start assist was initially available in premium vehicles, it has gained popularity in budget vehicles such as the Tata Nexon, Kia Sonet, Maruti Suzuki Swift, Honda City, Ford EcoSport, and others.
Passenger vehicles accounted for a significant share of the global hill-start assist system market. Several automobile manufacturers are launching new passenger cars integrated with hill-start assist system in the market, which is boosting the growth of the market. For instance, in July 2020, Honda launched its new BS-6 compliant passenger car Civic in diesel variant in India. It is equipped with safety features such as ABS with EBD, Hill start assist, airbags, vehicle stability assist, and others.
Several companies are also introducing new heavy commercial vehicles integrated with hill-start assist system in the market, which supplements the growth of the market. For instance, in August 2020, in India, Tata Motors launched its new 47.5-ton multi-axle tipper truck namely, Signa 4825.TK for surface transport of coal and construction goods. It is equipped with tilt & telescopic steering system, sleeper cabin, hill-start assist, and others. In addition, in 2020, Toyota introduced the new Hino 500 Series Crew Cab truck 1627 models. New models of crew cab 1627 truck offer features such as cruise control, hill start assist, and others.
The hill-start assist system market is segmented on the basis of vehicle type, vehicle propulsion, vehicle class, and region. By vehicle type, it is fragmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. By vehicle propulsion, it is categorized into internal combustion engine (ICE) vehicles, and electric and hybrid vehicles. By vehicle class, it is classified into luxury and economy. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include BorgWarner Inc., Robert Bosch GmbH, Continental AG, Murata Manufacturing Co., Ltd., ZF Friedrichshafen AG, Knorr-Bremse AG, BWI Group, Fujitsu Limited, HELLA GmbH & Co. KGaA, and Aisin Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hill-start assist system market analysis from 2021 to 2031 to identify the prevailing hill-start assist system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the hill-start assist system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global hill-start assist system market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
By Vehicle Propulsion
ICE Vehicles
Electric and Hybrid Vehicles
By Vehicle Class
Luxury
Economy
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Borgwarner Inc.
Continental AG
BWI Group
Aisin Corporation
HELLA GmbH & Co. KGaA
Fujitsu
Knorr-Bremse AG
ZF Friedrichshafen AG
Murata Manufacturing Co., Ltd.
Robert Bosch GmbH
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