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Parking Sensors - Global Market Outlook (2017-2023)

Parking Sensors - Global Market Outlook (2017-2023)

According to Stratistics MRC, 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.

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.

Based on geography, North America is leading the global market due to rising sales of high and mid level cars, growing population of baby boomers and increased acceptance of luxury cars by baby boomers, will drive the market’s growth prospects in this region. Moreover, Asia Pacific is expected to be the fastest growing region during the forecast period.

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
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
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
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of 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
List of Tables
Table 1 Global Parking Sensors Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 3 Global Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 4 Global Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 5 Global Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 6 Global Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 7 Global Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)
Table 8 North America Parking Sensors Market Outlook, By Country (2014-2023) ($MN)
Table 9 North America Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 10 North America Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 11 North America Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 12 North America Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 13 North America Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 14 North America Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)
Table 15 Europe Parking Sensors Market Outlook, By Country (2014-2023) ($MN)
Table 16 Europe Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 17 Europe Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 18 Europe Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 19 Europe Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 20 Europe Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 21 Europe Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)
Table 22 Asia Pacific Parking Sensors Market Outlook, By Country (2014-2023) ($MN)
Table 23 Asia Pacific Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 24 Asia Pacific Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 25 Asia Pacific Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 26 Asia Pacific Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 27 Asia Pacific Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 28 Asia Pacific Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)
Table 29 South America Parking Sensors Market Outlook, By Country (2014-2023) ($MN)
Table 30 South America Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 31 South America Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 32 South America Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 33 South America Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 34 South America Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 35 South America Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)
Table 36 Middle East & Africa Parking Sensors Market Outlook, By Country (2014-2023) ($MN)
Table 37 Middle East & Africa Parking Sensors Market Outlook, By Technology (2014-2023) ($MN)
Table 38 Middle East & Africa Parking Sensors Market Outlook, By Ultrasonic (2014-2023) ($MN)
Table 39 Middle East & Africa Parking Sensors Market Outlook, By Electromagnetic (2014-2023) ($MN)
Table 40 Middle East & Africa Parking Sensors Market Outlook, By End User (2014-2023) ($MN)
Table 41 Middle East & Africa Parking Sensors Market Outlook, By Original Equipment Manufacturers (OEMs) (2014-2023) ($MN)
Table 42 Middle East & Africa Parking Sensors Market Outlook, By Aftermarket (2014-2023) ($MN)

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