Report Overview
Parking assist system uses sensors, radars, and cameras to take autonomous control of specific parking tasks or the entire parking exercise, helping drivers safely and securely store their vehicle without damaging it or other cars parked nearby.
This report provides a deep insight into the global Parking Assist System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
Market Shares
The global Parking Assist System market size was estimated at USD 5410 million in 2024 and is projected to reach USD 32040.31 million by 2032, exhibiting a CAGR of 24.90% during the forecast period.
North America Parking Assist System market size was estimated at USD 2075.64 million in 2024, at a CAGR of 21.34% during the forecast period of 2024 through 2032.
Key Company
• Valeo • Magna International Inc. • Aptiv • HELLA
• Robert Bosch GmbH • Toshiba Corp • Hitachi Ltd • Continental
ZF Group • Delphi Technologies
Market Segmentation (by Application)
• Passenger Car
• Commercial Vehicle
• Market Segmentation (by Type)
• Semi Automatic
• Fully Automatic
Geographic Segmentation
• North America: USA, Canada, Mexico
• Europe: Germany, UK, France, Russia, Italy, Rest of Europe
• Asia-Pacific: China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
• South America: Brazil, Argentina, Colombia, Rest of South America
• Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
https://www.statsmarketresearch.com/global-parkingassist-system-forecast-2025-2030-913-8025188
