Information and Communication TechnologySemiconductors and Electronics

Parking Sensors Market In Terms Of Revenue By 2023 : Bosch GmbH, Continental AG, NXP Semiconductors N.V., Freescale Semiconductor, Abbott Analog Devices

According to Research for Markets, the Global Parking Sensors Market is accounted for $5,363.4 million in 2016 and expected to grow at a CAGR of 24.2% to reach $24,467.2 million by 2023. Factors such as helping to prevent injury to pedestrians and adoption of LiDAR in parking assist system will drive the market growth. However, high replacement cost and limited detection range of the sensors are the factors restraining the market.

This Parking Sensors market research report uncovers the general market conditions, trends, inclinations, key players, opportunities, geographical analysis and many other parameters that helps drive your business into right direction. With the use of up to date and proven tools and techniques, complex market insights are organized in simpler version in this Parking Sensors report for the better understanding of end user.

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By technology, ultrasonic parking sensors dominated the global market due to the rising demand for parking assist systems among low and mid segment vehicles. Also, the segment’s command is mainly due to the improved accessibility and the dropping price of ultrasonic sensors. These sensors use sound waves to detect the obstacle whether the vehicle is in motion or at rest.

Some of the key players in this market include Robert Bosch GmbH, Continental AG, NXP Semiconductors N.V., Freescale Semiconductor Ltd., Abbott Analog Devices Inc., Denso Corporation, BMW, Ford Motor Company, Mercedes Benz (Parktronic), Texas Instruments Inc., Audi, Honda, Volkswagen, Parking Dynamics, Hyundai, Murata Manufacturing, Valeo, Black Cat Security, Proxel and Nippon Audiotronix.

Technologies Covered:

  • Ultrasonic
  • Electromagnetic

Applications Covered:

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

Regions Covered:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

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Table of Content

1 Executive Summary   

2 Preface  

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Parking Sensors Market, By Technology

5.1 Introduction

5.2 Ultrasonic

5.3 Electromagnetic

6 Global Parking Sensors Market, By End User

6.1 Introduction

6.2 Original Equipment Manufacturers (OEMs)

6.3 Aftermarket

7 Global Parking Sensors Market, By Geography

7.1 Introduction

7.2 North America

7.3 Europe

7.4 Asia Pacific

7.5 South America

7.6 Middle East & Africa

8 Key Developments 

8.1 Agreements, Partnerships, Collaborations and Joint Ventures

8.2 Acquisitions & Mergers

8.3 New Product Launch

8.4 Expansions

8.5 Other Key Strategies

9 Company Profiling 

9.1 Robert Bosch GmbH

9.2 Continental AG

9.3 NXP Semiconductors N.V.

9.4 Freescale Semiconductor Ltd.

9.5 Abbott Analog Devices Inc.

9.6 Denso Corporation

9.7 BMW

9.8 Ford Motor Company

9.9 Mercedes Benz (Parktronic)

9.10 Texas Instruments Inc.

9.11 Audi

9.12 Honda

9.13 Volkswagen

9.14 Parking Dynamics

9.15 Hyundai

9.16 Murata Manufacturing

9.17 Valeo

9.18 Black Cat Security

9.19 Proxel

9.20 Nippon Audiotronix

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About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.


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Research for Markets

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