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Automotive Parking Sensors-Global Market Insights and Sales Trends 2024
Synopsis
Parking sensors are proximity sensors for road vehicles designed to alert the driver to obstacles when parking. These systems use electromagnetic or ultrasonic sensors. These systems have ultrasonic proximity detectors that measure distances to nearby objects through sensors located in the front and / or rear bumper panels, or visually minimize distances in adjacent grills or grooves .
The global Automotive Parking Sensors market size is expected to reach US$ 22350 million by 2029, growing at a CAGR of 15.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Parking Sensors in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive Parking Sensors market. Front Parking Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rear Parking Sensors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Parking Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Parking Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Parking Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Parking Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Parking Sensors covered in this report include Bosch, Aptiv, DENSO, Continental, Valeo, Mitsubishi, ACDelco, Johnson Controls and Hyundai MOBIS, etc.
The global Automotive Parking Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Aptiv
DENSO
Continental
Valeo
Mitsubishi
ACDelco
Johnson Controls
Hyundai MOBIS
NXP Semiconductors
Global Automotive Parking Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Parking Sensors market, Segment by Type:
Front Parking Sensors
Rear Parking Sensors
Global Automotive Parking Sensors market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Parking Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Parking Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Parking sensors are proximity sensors for road vehicles designed to alert the driver to obstacles when parking. These systems use electromagnetic or ultrasonic sensors. These systems have ultrasonic proximity detectors that measure distances to nearby objects through sensors located in the front and / or rear bumper panels, or visually minimize distances in adjacent grills or grooves .
The global Automotive Parking Sensors market size is expected to reach US$ 22350 million by 2029, growing at a CAGR of 15.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Parking Sensors in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive Parking Sensors market. Front Parking Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rear Parking Sensors segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Parking Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Parking Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Parking Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Parking Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Parking Sensors covered in this report include Bosch, Aptiv, DENSO, Continental, Valeo, Mitsubishi, ACDelco, Johnson Controls and Hyundai MOBIS, etc.
The global Automotive Parking Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Aptiv
DENSO
Continental
Valeo
Mitsubishi
ACDelco
Johnson Controls
Hyundai MOBIS
NXP Semiconductors
Global Automotive Parking Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Parking Sensors market, Segment by Type:
Front Parking Sensors
Rear Parking Sensors
Global Automotive Parking Sensors market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Parking Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Parking Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Parking Sensors Market Overview
1.1 Automotive Parking Sensors Product Overview
1.2 Automotive Parking Sensors Market Segment by Type
1.2.1 Front Parking Sensors
1.2.2 Rear Parking Sensors
1.3 Global Automotive Parking Sensors Market Size by Type
1.3.1 Global Automotive Parking Sensors Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Parking Sensors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Parking Sensors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Parking Sensors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Parking Sensors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Parking Sensors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Parking Sensors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Parking Sensors Sales Breakdown by Type (2018-2023)
2 Global Automotive Parking Sensors Market Competition by Company
2.1 Global Top Players by Automotive Parking Sensors Sales (2018-2023)
2.2 Global Top Players by Automotive Parking Sensors Revenue (2018-2023)
2.3 Global Top Players by Automotive Parking Sensors Price (2018-2023)
2.4 Global Top Manufacturers Automotive Parking Sensors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Parking Sensors Market Competitive Situation and Trends
2.5.1 Automotive Parking Sensors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Parking Sensors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Parking Sensors as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Parking Sensors Market
2.8 Key Manufacturers Automotive Parking Sensors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Parking Sensors Status and Outlook by Region
3.1 Global Automotive Parking Sensors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Parking Sensors Historic Market Size by Region
3.2.1 Global Automotive Parking Sensors Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Parking Sensors Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Parking Sensors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Parking Sensors Forecasted Market Size by Region
3.3.1 Global Automotive Parking Sensors Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Parking Sensors Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Parking Sensors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Parking Sensors by Application
4.1 Automotive Parking Sensors Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Automotive Parking Sensors Market Size by Application
4.2.1 Global Automotive Parking Sensors Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Parking Sensors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Parking Sensors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Parking Sensors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Parking Sensors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Parking Sensors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Parking Sensors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Parking Sensors Sales Breakdown by Application (2018-2023)
5 North America Automotive Parking Sensors by Country
5.1 North America Automotive Parking Sensors Historic Market Size by Country
5.1.1 North America Automotive Parking Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Parking Sensors Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Parking Sensors Sales in Value by Country (2018-2023)
5.2 North America Automotive Parking Sensors Forecasted Market Size by Country
5.2.1 North America Automotive Parking Sensors Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Parking Sensors Sales in Value by Country (2024-2029)
6 Europe Automotive Parking Sensors by Country
6.1 Europe Automotive Parking Sensors Historic Market Size by Country
6.1.1 Europe Automotive Parking Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Parking Sensors Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Parking Sensors Sales in Value by Country (2018-2023)
6.2 Europe Automotive Parking Sensors Forecasted Market Size by Country
6.2.1 Europe Automotive Parking Sensors Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Parking Sensors Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Parking Sensors by Region
7.1 Asia-Pacific Automotive Parking Sensors Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Parking Sensors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Parking Sensors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Parking Sensors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Parking Sensors Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Parking Sensors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Parking Sensors Sales in Value by Region (2024-2029)
8 Latin America Automotive Parking Sensors by Country
8.1 Latin America Automotive Parking Sensors Historic Market Size by Country
8.1.1 Latin America Automotive Parking Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Parking Sensors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Parking Sensors Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Parking Sensors Forecasted Market Size by Country
8.2.1 Latin America Automotive Parking Sensors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Parking Sensors Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Parking Sensors by Country
9.1 Middle East and Africa Automotive Parking Sensors Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Parking Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Parking Sensors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Parking Sensors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Parking Sensors Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Parking Sensors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Parking Sensors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Automotive Parking Sensors Products Offered
10.1.5 Bosch Recent Development
10.2 Aptiv
10.2.1 Aptiv Company Information
10.2.2 Aptiv Introduction and Business Overview
10.2.3 Aptiv Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aptiv Automotive Parking Sensors Products Offered
10.2.5 Aptiv Recent Development
10.3 DENSO
10.3.1 DENSO Company Information
10.3.2 DENSO Introduction and Business Overview
10.3.3 DENSO Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DENSO Automotive Parking Sensors Products Offered
10.3.5 DENSO Recent Development
10.4 Continental
10.4.1 Continental Company Information
10.4.2 Continental Introduction and Business Overview
10.4.3 Continental Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Continental Automotive Parking Sensors Products Offered
10.4.5 Continental Recent Development
10.5 Valeo
10.5.1 Valeo Company Information
10.5.2 Valeo Introduction and Business Overview
10.5.3 Valeo Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Valeo Automotive Parking Sensors Products Offered
10.5.5 Valeo Recent Development
10.6 Mitsubishi
10.6.1 Mitsubishi Company Information
10.6.2 Mitsubishi Introduction and Business Overview
10.6.3 Mitsubishi Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Automotive Parking Sensors Products Offered
10.6.5 Mitsubishi Recent Development
10.7 ACDelco
10.7.1 ACDelco Company Information
10.7.2 ACDelco Introduction and Business Overview
10.7.3 ACDelco Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ACDelco Automotive Parking Sensors Products Offered
10.7.5 ACDelco Recent Development
10.8 Johnson Controls
10.8.1 Johnson Controls Company Information
10.8.2 Johnson Controls Introduction and Business Overview
10.8.3 Johnson Controls Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Johnson Controls Automotive Parking Sensors Products Offered
10.8.5 Johnson Controls Recent Development
10.9 Hyundai MOBIS
10.9.1 Hyundai MOBIS Company Information
10.9.2 Hyundai MOBIS Introduction and Business Overview
10.9.3 Hyundai MOBIS Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyundai MOBIS Automotive Parking Sensors Products Offered
10.9.5 Hyundai MOBIS Recent Development
10.10 NXP Semiconductors
10.10.1 NXP Semiconductors Company Information
10.10.2 NXP Semiconductors Introduction and Business Overview
10.10.3 NXP Semiconductors Automotive Parking Sensors Sales, Revenue and Gross Margin (2018-2023)
10.10.4 NXP Semiconductors Automotive Parking Sensors Products Offered
10.10.5 NXP Semiconductors Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Parking Sensors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Parking Sensors Industrial Chain Analysis
11.4 Automotive Parking Sensors Market Dynamics
11.4.1 Automotive Parking Sensors Industry Trends
11.4.2 Automotive Parking Sensors Market Drivers
11.4.3 Automotive Parking Sensors Market Challenges
11.4.4 Automotive Parking Sensors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Parking Sensors Distributors
12.3 Automotive Parking Sensors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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