Global Automotive Parking Sensors Market size was valued US$XXBn. in 2019 and the total revenue is expected to grow about CAGR18.8% from 2020 to 2027, reaching nearly US$ XXBn.
Global Automotive Parking Sensors Market: Overview Automotive Parking Sensor is used in parking assistance systems. These parking sensors are usually mounted on bumpers to sense the distance of obstacles from the car, this distance alert is sent to driver in the form of audio or visual display form. Now, development in technology has made it possible to view the part of vehicle, nearer to obstacle, in the car display with digital graphic. This system provides more safe and convenient parking of vehicle.Some premium segment and midrange car provide 360ocar view, cars such as BMW X5 provides this feature. As demand for such features is increasing, demand forGlobal Automotive Parking Sensors Market too will increase.
Global Automotive Parking Sensors Market: Key Development The automotive sensors are more capable of providing visual input to the processors of car, thus requires more powerful processors in automobile. The processors used in ADAS system with incoming data has to process and present it in interpreted environment for the car. This environment is reliable enough to handle the car at low speed with driver or without driver.
Jacinto 7 Processor is designed by Texas Instrument to resolve this processing issue. They explained how this processor interact with system and can be used in building ADAS system and fully automated assisted parking solution. Ensure more safety and it is more comfortable in fully automated parking.