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Global Automotive Parking Sensors Market 2018-2022

Global Automotive Parking Sensors Market 2018-2022

About Automotive Parking Sensors

The parking sensors are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking sensor gives a more precise look to understand quickly about the distance and representation of the obstacle.

Technavio’s analysts forecast the global automotive parking sensors market to grow at a CAGR of 25.15% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive parking sensors market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of automotive parking sensors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Parking Sensors Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Delphi
  • DENSO
  • NXP Semiconductors
  • Valeo
Market driver
  • Growing demand for assisted-parking systems
  • For a full, detailed list, view our report
Market challenge
  • High replacement cost associated with parking systems
  • For a full, detailed list, view our report
Market trend
  • Emergence of smart parking systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Parking Sensors Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive parking sensors market: Bosch, Delphi, DENSO, NXP Semiconductors, Valeo

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of smart parking systems. Currently, the automotive industry is concentrating on integrating various systems that are beyond car maneuvering. The number of sensors used for parking in automobiles has increased significantly. Smart parking systems provide semi-automatic or automatic parking and informs the drivers about the free parking spaces. The drivers collect information about the surrounding environment, traffic congestion, and the available parking spots and share it with the other drivers to make the roads, traffic free and safer.”

According to the report, one of the major drivers for this market is Growing demand for assisted-parking systems. Parking sensors are the most widely used assisted-parking systems. The sensors mounted on bumpers sense the distance of the obstacles from the range of the car and produce an audio or visual alert to the driver.

Further, the report states that one of the major factors hindering the growth of this market is High replacement cost associated with parking systems. The global automotive parking sensors market faces a considerable challenge when comes to the high replacement costs related to the sensors system.

Companies Mentioned

Bosch, Delphi, DENSO, NXP Semiconductors, Valeo

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global automotive parking sensors market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global automotive parking sensors market - Market size and forecast 2017-2022 ($ bn)
      • Table Global automotive parking sensors market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Passenger cars - Market size and forecast 2017-2022
      • Table Passenger cars - Market size and forecast 2017-2022 ($ bn)
      • Table Passenger cars - Year-over-year growth 2018-2022 (%)
      • Table Global automotive parking sensors market for luxury cars in passenger car segment 2017-2022 ($ bn)
      • Table Global automotive parking sensors market for mid-level cars in passenger car segment 2017-2022 ($ bn)
      • Table Global automotive parking sensors market for entry-level cars in passenger car segment 2017-2022 ($ bn)
    • Commercial vehicles - Market size and forecast 2017-2022
      • Table Commercial vehicles - Market size and forecast 2017-2022 ($ bn)
      • Table Commercial vehicles - Year-over-year growth 2018-2022 (%)
      • Table Global automotive parking sensors market for LCV in commercial vehicle segment 2017-2022 ($ bn)
      • Table Global automotive parking sensors market for HCV in commercial vehicle segment 2017-2022 ($ bn)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • OEMs - Market size and forecast 2017-2022
      • Table OEMs - Market size and forecast 2017-2022 ($ bn)
      • Table OEMs - Year-over-year growth 2018-2022 (%)
    • Aftermarket - Market size and forecast 2017-2022
      • Table Aftermarket - Market size and forecast 2017-2022 ($ bn)
      • Table Aftermarket - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Market segmentation by product
    • Comparison by product
      • Table Comparison by product
    • Ultrasonic sensors - Market size and forecast 2017-2022
      • Table Ultrasonic sensors - Market size and forecast 2017-2022 ($ bn)
      • Table Ultrasonic sensors - Year-over-year growth 2018-2022 (%)
    • Electromagnetic sensors - Market size and forecast 2017-2022
      • Table Electromagnetic sensors - Market size and forecast 2017-2022 ($ bn)
      • Table Electromagnetic sensors - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical Segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Evolution and development of automatic parking system
    • Market challenges
      • Table Human behavioral adaptation categories
      • Table Issues resulting in troubleshooting of the parking assist system
  • Market trends
    • Adoption of reverse cameras along with parking sensors
    • Emergence of smart parking systems
      • Table Functioning of advanced PAS integrated with cloud computing technology
    • Integration with other automotive technologies
    • Deployment of advanced sensors having wider bandwidth and high frequency for more accuracy and precision
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bosch
      • Table Vendor overview
      • Table Bosch - Business segments in automotive group
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Segment focus
      • Table Bosch - Key offerings
    • Delphi
      • Table Vendor overview
      • Table Delphi - Business segments
      • Table Delphi - Organizational developments
      • Table Delphi - Geographic focus
      • Table Delphi - Segment focus
      • Table Delphi - Key offerings
    • DENSO
      • Table Vendor overview
      • Table DENSO - Business segments
      • Table DENSO - Organizational developments
      • Table DENSO - Geographic focus
      • Table DENSO - Segment focus
      • Table DENSO - Key offerings
      • Table DENSO - Key customers
    • NXP Semiconductors
      • Table Vendor overview
      • Table NXP Semiconductors - Business segments
      • Table NXP Semiconductors - Organizational developments
      • Table NXP Semiconductors - Geographic focus
      • Table NXP Semiconductors - Segment focus
      • Table NXP Semiconductors - Key offerings
      • Table NXP Semiconductors - Key customers
    • Valeo
      • Table Vendor overview
      • Table Valeo - Business segments
      • Table Valeo - Organizational developments
      • Table Valeo - Geographic focus
      • Table Valeo - Segment focus
      • Table Valeo - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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