Automotive Rear Cross Traffic Alert Market Trends
Market Outlook
The global automotive rear cross traffic alert market is expected to grow at a CAGR 6% to reach a value of USD 1.93 billion during the forecast period of 2019-2024. The increasing concern for road safety is resulting in the rise in demand for the automotive rear cross traffic alert system to minimise vehicular accidents caused by human errors. Europe dominated the market in 2018 due to growing awareness regarding vehicle safety in the region.
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