Automotive Back-Up Assist Market Latest Innovations, Drivers And Industry Key Events
The automotive back-up assist is an automotive safety system that detects the distance between the vehicle and any obstacle behind it while reversing. The automotive back-up assist system becomes active when the vehicle starts and warns the driver to avoid potential collision behind the vehicle by recognizing the object. It assist the driver by providing knob or screen rotation to turn the trailer of the vehicle. Automotive back-up assist system consists of an intelligent camera module with 360 degree view to enhance user experience, safety, and control of the vehicle.
Rise in demand for technologically advanced safety system is expected to be a key factor to drive the demand for automotive back-up assist system market during the forecast period. An automotive back-up assist system provides great maneuvering and control. The integrated camera of the back-up assist system has the ability to not only recognize an object but also pedestrians, vehicles, and cyclists. It calculates and projects the distance on the screen to avoid collision, and if the recognized object is not avoided it automatically applies brakes as it is connected to the brake system. The automotive back-up assist system reduces expensive repair costs by avoiding a collision, thereby making the vehicle more efficient. The automotive industry is estimated to witness an increase in adoption of the automotive back-up assist system due to its immediate braking response and technological advancements in the automotive industry. However, the automotive back-up assist system works only at low speed. This is anticipated be a key factor that is likely to hamper the automotive back-up assist market. In accident prone area such as hilly, rainy region especially for heavy commercial vehicle like trailer carrying vehicle, it is very helpful in turning and crossing. This is a new technology in the market and presents good opportunities for new entrants.