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 Value:
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.
CAGR of 24.90%
(2024 – 2030)
