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Automotive Parking Sensors Market Value Chain Analysis 2016

Tuesday, November 15, 2016 21:14
% of readers think this story is Fact. Add your two cents. adds a new research report Global Automotive Parking Sensors Market 2016-2020. Global Automotive Parking Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This analyst forecast the global automotive parking sensors market to grow at a CAGR of 23.90% during the period 2016-2020.

Parking sensors are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking sensor gives a more precise look to understand quickly about the obstacle in terms of distance and representation. As a result, the automotive industry is progressively witnessing the adoption of parking sensors.

This report covers the present scenario and the growth prospects of the global Automotive Parking Sensors market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of Automotive Parking Sensorss (compressor and non-compressor based), and portable electric or battery operated coolers worldwide.

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Key vendors

  • Bosch
  • Murata Manufacturing
  • NXP Semiconductors
  • Texas Instruments
  • Valeo

Other prominent vendors

  • Black Cat Security
  • Nippon Audiotronix
  • Parking Dynamics
  • Proxel

Market driver

  • Legislation standards for backup camera to push adoption of parking sensors.
  • For a full, detailed list, view our report

Market challenge

  • High replacement cost associated with parking sensor system.
  • For a full, detailed list, view our report

Market trend

  • Adoption of LiDAR in parking assist system.
  • For a full, detailed list, view our report

Purchase Report @

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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