Automotive Parking Sensors 2016 Global Market Expected to Grow at CAGR 23.90% and Forecast to 2020

Pune India, November 18, 2016 /MarketersMEDIA/ --
The analysts 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.

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Covered in this report

The 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 of automotive parking sensors across all regions.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

The report, Global Automotive Parking Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

Key vendors
• Bosch
• DENSO
• Murata Manufacturing
• NXP Semiconductors
• Texas Instruments
• Valeo

Other prominent vendors
• Black Cat Security
• Nippon Audiotronix
• Parking Dynamics
• Proxel

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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

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?

Table Of Contents – Major Key Points

PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview
• Report coverage
• Top-vendor offerings

PART 03: Market research methodology
• Research methodology
• Economic indicators

PART 04: Introduction
• Key market highlights
• Historical brief: Automotive sensors
• Explosive growth of automotive sensors in vehicles
• Regulatory framework
• Parking sensors: Market dynamics
• Value chain analysis

PART 05: Market landscape
• Market overview
• Parking sensor types
• Market size and forecast
• Five forces analysis

PART 06: Market segmentation by end users
• Global automotive parking sensors market segmentation by end users
• Global automotive parking sensors market by OEMs
• Global automotive parking sensors market by aftermarket

PART 07: Market segmentation by sensor type
• Global automotive parking sensors market segmentation by sensor type
• Global automotive parking sensors market by ultrasonic sensors
• Global automotive parking sensors market by electromagnetic sensors

PART 08: Geographical segmentation
• Segmentation of automotive parking sensors market by geography
• Automotive parking sensors market in Americas
• Automotive parking sensors market in EMEA
• Automotive parking sensors market in APAC

PART 09: Market drivers
• Untoward incidents during parking maneuvers (reversing and blind spots) to push adoption of parking sensors
• Legislation standards for backup camera to push adoption of parking sensors
• Growing usage of automatic parking system to push parking sensors demand
• Increased safety awareness among end users to push growth in parking sensors market
• Insurance premium discounts for vehicles equipped with technology that removes impaired visibility

PART 10: Market challenges
• High replacement cost associated with parking sensors system
• Functional issues of parking assist system
• Overdependence on safety systems is impacting driving skills

PART 11: Market trends

PART 12: Vendor landscape
• Competitive benchmarking
• Other prominent vendors

..……CONTINUED

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