Global Automotive Parking Sensor Market Research Analysis By Knowledge Sourcing Intelligence

Global Automotive Parking Sensor Market Forecasts From 2019 To 2024

DESCRIPTION The global automotive parking sensor market is projected to grow at a CAGR of 12.93% during the forecast period, reaching a total market size of US$3.454 billion in 2024 from US$1.665 billion in 2018. An automotive parking sensor is a type of proximity sensor which is used to guide and assist the driver in parking the vehicle. The parking sensor warns the driver of any obstacles in the way while

parking the car. The parking sensors are either present in the front of the vehicle, rear or the vehicle or both ends of the vehicle. The growing popularity of smarter parking systems and solutions due to the rising number of accidents is significantly fueling the demand for parking sensors across different car model manufacturers. Rising

investments in ADAS solutions will continue to bolster the growth of the automotive parking sensor market during the forecast period.

Some Key Questions Answered By The Report

▪What will be Global Automotive Parking Sensor Market from 2019 to 2024?

▪How are the major drivers and restraints affecting the Global Automotive Parking Sensor Market.

▪Growth and the opportunities which exist for key vendors?

▪Which segment and region will drive or lead the market growth and why?

Geography

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North America

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United States

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Canada

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Mexico

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Others

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South America

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Brazil

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Argentina

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Others

GEOGRAPHY Europe 

Germany

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France

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Italy

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United Kingdom

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Others

Middle East and Africa 

Israel

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Saudi Arabia

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UAE

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Others

Asia Pacific 

Japan

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China

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India

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Others

SEGMENT ANALYSIS

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We have included all segments of this market in market research report.

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The Global Automotive Parking Sensor market has been segmented on the basis of sensor type, technology, end user, vehicle type and geography.

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For complete segment information visit us

https://www.knowledge-sourcing.com/report/global-automotive-parking-sensor-market

CONCLUSION

ď‚Ą Major players in the Global Automotive Parking Sensor market have been

covered along with their relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market

players over the last year. ď‚Ą The company profiles section details the business overview, financial

performance for the past three years, key products and services being offered along with the recent developments of these important players in the Global Automotive Parking Sensor market.

COMPANY PROFILES Robert Bosch GmbH Valeo Continental AG Xvision Ltd

Scorpion Automotive Ltd Aptiv plc Murata Manufacturing Co., Ltd. Pepperl+Fuchs GmbH

Texas Instruments Incorporated Nedap

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