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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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: HILL-START ASSIST SYSTEM MARKET, BY VEHICLE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Passenger Cars
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Light Commercial Vehicles
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Heavy Commercial Vehicles
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
CHAPTER 5: HILL-START ASSIST SYSTEM MARKET, BY VEHICLE PROPULSION
5.1 Overview
5.1.1 Market size and forecast
5.2 ICE Vehicles
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Electric and Hybrid Vehicles
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
CHAPTER 6: HILL-START ASSIST SYSTEM MARKET, BY VEHICLE CLASS
6.1 Overview
6.1.1 Market size and forecast
6.2 Luxury
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Economy
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: HILL-START ASSIST SYSTEM MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Vehicle Type
7.2.3 North America Market size and forecast, by Vehicle Propulsion
7.2.4 North America Market size and forecast, by Vehicle Class
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Vehicle Type
7.2.5.1.3 Market size and forecast, by Vehicle Propulsion
7.2.5.1.4 Market size and forecast, by Vehicle Class
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Vehicle Type
7.2.5.2.3 Market size and forecast, by Vehicle Propulsion
7.2.5.2.4 Market size and forecast, by Vehicle Class
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Vehicle Type
7.2.5.3.3 Market size and forecast, by Vehicle Propulsion
7.2.5.3.4 Market size and forecast, by Vehicle Class
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Vehicle Type
7.3.3 Europe Market size and forecast, by Vehicle Propulsion
7.3.4 Europe Market size and forecast, by Vehicle Class
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Vehicle Type
7.3.5.1.3 Market size and forecast, by Vehicle Propulsion
7.3.5.1.4 Market size and forecast, by Vehicle Class
7.3.5.2 UK
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Vehicle Type
7.3.5.2.3 Market size and forecast, by Vehicle Propulsion
7.3.5.2.4 Market size and forecast, by Vehicle Class
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Vehicle Type
7.3.5.3.3 Market size and forecast, by Vehicle Propulsion
7.3.5.3.4 Market size and forecast, by Vehicle Class
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Vehicle Type
7.3.5.4.3 Market size and forecast, by Vehicle Propulsion
7.3.5.4.4 Market size and forecast, by Vehicle Class
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Vehicle Type
7.3.5.5.3 Market size and forecast, by Vehicle Propulsion
7.3.5.5.4 Market size and forecast, by Vehicle Class
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Vehicle Type
7.4.3 Asia-Pacific Market size and forecast, by Vehicle Propulsion
7.4.4 Asia-Pacific Market size and forecast, by Vehicle Class
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Vehicle Type
7.4.5.1.3 Market size and forecast, by Vehicle Propulsion
7.4.5.1.4 Market size and forecast, by Vehicle Class
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Vehicle Type
7.4.5.2.3 Market size and forecast, by Vehicle Propulsion
7.4.5.2.4 Market size and forecast, by Vehicle Class
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Vehicle Type
7.4.5.3.3 Market size and forecast, by Vehicle Propulsion
7.4.5.3.4 Market size and forecast, by Vehicle Class
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Vehicle Type
7.4.5.4.3 Market size and forecast, by Vehicle Propulsion
7.4.5.4.4 Market size and forecast, by Vehicle Class
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Vehicle Type
7.4.5.5.3 Market size and forecast, by Vehicle Propulsion
7.4.5.5.4 Market size and forecast, by Vehicle Class
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Vehicle Type
7.5.3 LAMEA Market size and forecast, by Vehicle Propulsion
7.5.4 LAMEA Market size and forecast, by Vehicle Class
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Vehicle Type
7.5.5.1.3 Market size and forecast, by Vehicle Propulsion
7.5.5.1.4 Market size and forecast, by Vehicle Class
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Vehicle Type
7.5.5.2.3 Market size and forecast, by Vehicle Propulsion
7.5.5.2.4 Market size and forecast, by Vehicle Class
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Vehicle Type
7.5.5.3.3 Market size and forecast, by Vehicle Propulsion
7.5.5.3.4 Market size and forecast, by Vehicle Class
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Borgwarner Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Robert Bosch GmbH
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Continental AG
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Murata Manufacturing Co., Ltd.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 ZF Friedrichshafen AG
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Knorr-Bremse AG
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 BWI Group
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Fujitsu Limited
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 HELLA GmbH & Co. KGaA
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Aisin Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
Executive Summary
The Hill-start Assist System Market is likely to experience a growth rate of 7.2% from 2022-2031 owing to increasing market demand from electric and hybrid vehicle sector.Hill-start assist system prevents a car from rolling backward when a driver presses and releases brakes while driving uphill. The sensors detect the position of the vehicle in an inclined position. They calculate the slope’s longitudinal gradient and the braking system’s engagement or disengagement. The hill-start assist is automatically enabled when the sensor determines the position of a vehicle on an inclination. It keeps the vehicle stable for a few seconds longer while the driver switches from the brake pedal to the accelerator. The brakes are released by the hill-start assist system when once the engine gains sufficient power to propel the car forward.
Factors such as greater adoption of driver assistance systems, high demand for vehicles equipped with safety features, and stringent safety rules and regulations are expected to drive market growth. However, the complexity associated with the aftermarket integration of hill-start assist and the unavailability of raw materials hampers the market growth. Furthermore, an increase in the adoption of electric vehicles and a surge in demand from emerging countries are expected to offer lucrative opportunities for market growth.
The market also offers growth opportunities to the key players in the market. Emerging markets such as Latin America, India, and China are expected to make progress in terms of hill-start assist system penetration over the next few years. In China, there are no direct state standards or regulations which mandate hill-start assist systems to be equipped either in passenger cars or commercial vehicles. However, the fitment of the hill-start assist system can earn additional bonus points when the vehicle is put through the C-NCAP test. It is to be noted that this rule is still effective in the recently released version of the C-NCAP procedures in 2021.
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 segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. By vehicle propulsion, it is classified into internal combustion engine (ICE) vehicles, and electric and hybrid vehicles. By vehicle class, it categorized into luxury and economy. By region, the report is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study 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. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and partnership to remain competitive and gain advantage over the competitors in the market.
Key Market Insights
By vehicle type, the passenger car segment was the highest revenue contributor to the market, and is estimated to reach $3.3 billion by 2031, with a CAGR of 6.5%.By vehicle propulsion, the ICE vehicle segment dominated the global market, and is estimated to reach $4.1 billion by 2031, with a CAGR of 5.4%.
Based on vehicle class, the luxury segment was the highest revenue contributor to the market, with $1.9 billion in 2021, and is estimated to reach $3.4 billion by 2031, with a CAGR of 6.2%.
Based on region, Asia-Pacific was the highest revenue contributor, accounting for $1.3 billion in 2021, and is estimated to reach $2.8 billion by 2031, with a CAGR of 8.1%.
Companies Mentioned
- 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
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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