Automotive Parking Sensors Market Research Report – Global Forecast till 2027

Automotive Parking Sensors Market Research Report: Information by Type (Reverse sensors, front sensors), Technology (Ultrasonic, Electromagnetic, Infrared, Laser), Sales Channel (OEM, Aftermarket), Vehicle Type (Passenger Car, LCV, HCV) and Region - Global Forecast till 2027

ID: MRFR/AM/5985-HCR | February, 2021 | Region : Global

Market Synopsis:


Automotive parking sensors are specially designed proximity sensors that are fitted either on the front, rear or both ends of vehicles. They are a part of the Advanced Driver Assistance System (ADAS) and alert the driver of any obstacles while parking. These sensors also ensure optimum utilization of parking space, which can reduce the problem of parking space scarcity, slightly. Lack of parking spaces, especially in crowded cities due to overcrowding has been a cause of concern for many years. However, this challenge can be overcome by using a set of parking sensors, that come fitted with the vehicle via OEMs or can be installed in the aftermarket.


The development of parking sensors is considered to be one of the successes in the recent technological developments in the automotive industry. Some of the vehicles are equipped with screens in the dashboards, that are connected to a camera, enabling the driver to have a clear view of the spaces that are otherwise considered blind spots. This also leads to safety of pedestrians, particularly children are not easily visible to the driver. Growing safety concerns have also prompted automotive agencies to mandate the pre-installation of parking sensors in vehicles. However, an increase in vehicle cost due to these additional features could prove to be a hindrance to the growth of this market, particularly in cost-sensitive regions.


Automotive Parking Sensors Market Segmentation


automotive parking sensors market


The global automobiles parking sensors market is segmented on the basis of type, technology, sales channel, vehicle type and region. On the basis of type, the market has been segmented reverse parking sensors, front parking sensors and others. On the basis of technology, the market has been segmented into Ultrasonic sensors, Electromagnetic sensors, Infrared sensors, Laser and Others. On the basis of sales channel, the market has been segmented into OEM and aftermarket. By vehicle type, the market is segmented into passenger cars, LCV and HCV.


Geographically, the global Automotive Parking Sensors market has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. Europe is estimated to account for a significant market share in the global automotive parking sensor market. The market in this region is dominated by major automobile manufacturing countries such as Germany and France. Besides, stringent regulations regarding pedestrian safety have compelled automotive OEMs to install safety features such as parking sensors in vehicles.


The market in the Asia pacific region is projected to grow at the highest CAGR over the forecast period. This region is home to some of the emerging countries such as China and India, where the demand and production of automobiles is on the rise. Also, due to high population, these countries have a perennial problem of parking spaces, which has further increased the importance of features such as parking sensors. Growing disposable incomes and increase in middle class population with awareness regarding vehicle and pedestrian safety have also played key roles in the growth of the market in this region.


The prominent players in the global Automotive Parking Sensors Industry include Robert Bosch GmbH (Germany), Aptiv PLC (Greece), Denso Corporation (Japan), NXP Semiconductors N.V. (the Netherlands), Valeo (France), Autoliv Inc. (Sweden), Gentex Corporation (U.S.), Continental AG (Germany), TGS Group (UK) and Murata Manufacturing Co., Ltd. (Japan).


The report for global Automotive Sensors Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining power of buyers

3.1.3. Threat of substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Automotive Parking Sensors Market, By Type

5.1. Introduction

5.2. Reverse parking sensors

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast by Region, 2020-2027

5.3. Front parking sensors

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast by Region, 2020-2027

5.4. Others

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast by Region, 2020-2027

6. Global Automotive Parking Sensors Market, By Technology

6.1. Introduction

6.2. Ultrasonic sensors

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast by Region, 2020-2027

6.3. Electromagnetic sensors

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast by Region, 2020-2027

6.4. Infrared sensors

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast by Region, 2020-2027

6.5. Laser

6.5.1. Market Estimates & Forecast, 2020-2027

6.5.2. Market Estimates & Forecast by Region, 2020-2027

6.6. Others

6.6.1. Market Estimates & Forecast, 2020-2027

6.6.2. Market Estimates & Forecast by Region, 2020-2027

7. Global Automotive Parking Sensors Market, By Sales Channel

7.1. Introduction

7.2. OEM

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast by Region, 2020-2027

7.3. Aftermarket

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast by Region, 2020-2027

8. Global Automotive Parking Sensors Market, By Vehicle Type

8.1. Introduction

8.2. Passenger Car

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast by Region, 2020-2027

8.3. LCV

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast by Region, 2020-2027

8.4. HCV

8.4.1. Market Estimates & Forecast, 2020-2027

8.4.2. Market Estimates & Forecast by Region, 2020-2027

9. Global Automotive Parking Sensors Market, By Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, By Country, 2020-2027

9.2.2. Market Estimates & Forecast By Type, 2020-2027

9.2.3. Market Estimates & Forecast by Technology, 2020-2027

9.2.4. Market Estimates & Forecast by Sales Channel, 2020-2027

9.2.5. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.2.6. US

9.2.6.1. Market Estimates & Forecast By Type, 2020-2027

9.2.6.2. Market Estimates & Forecast by Technology, 2020-2027

9.2.6.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.2.6.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.2.7. Canada

9.2.7.1. Market Estimates & Forecast By Type, 2020-2027

9.2.7.2. Market Estimates & Forecast by Technology, 2020-2027

9.2.7.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.2.7.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3. Europe

9.3.1. Market Estimates & Forecast, By Country, 2020-2027

9.3.2. Market Estimates & Forecast By Type, 2020-2027

9.3.3. Market Estimates & Forecast by Technology, 2020-2027

9.3.4. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.5. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.6. UK

9.3.6.1. Market Estimates & Forecast By Type, 2020-2027

9.3.6.2. Market Estimates & Forecast by Technology, 2020-2027

9.3.6.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.6.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.7. Germany

9.3.7.1. Market Estimates & Forecast By Type, 2020-2027

9.3.7.2. Market Estimates & Forecast by Technology, 2020-2027

9.3.7.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.7.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.8. France

9.3.8.1. Market Estimates & Forecast By Type, 2020-2027

9.3.8.2. Market Estimates & Forecast by Technology, 2020-2027

9.3.8.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.8.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.9. Italy

9.3.9.1. Market Estimates & Forecast By Type, 2020-2027

9.3.9.2. Market Estimates & Forecast by Technology, 2020-2027

9.3.9.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.9.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.3.10. Rest of Europe

9.3.10.1. Market Estimates & Forecast By Type, 2020-2027

9.3.10.2. Market Estimates & Forecast by Technology, 2020-2027

9.3.10.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.3.10.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, By Country, 2020-2027

9.4.2. Market Estimates & Forecast By Type, 2020-2027

9.4.3. Market Estimates & Forecast by Technology, 2020-2027

9.4.4. Market Estimates & Forecast by Sales Channel, 2020-2027

9.4.5. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.6. China

9.4.6.1. Market Estimates & Forecast By Type, 2020-2027

9.4.6.2. Market Estimates & Forecast by Technology, 2020-2027

9.4.6.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.4.6.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.7. Japan

9.4.7.1. Market Estimates & Forecast By Type, 2020-2027

9.4.7.2. Market Estimates & Forecast by Technology, 2020-2027

9.4.7.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.4.7.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.8. India

9.4.8.1. Market Estimates & Forecast By Type, 2020-2027

9.4.8.2. Market Estimates & Forecast by Technology, 2020-2027

9.4.8.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.4.8.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.4.9. Rest of Asia-Pacific

9.4.9.1. Market Estimates & Forecast By Type, 2020-2027

9.4.9.2. Market Estimates & Forecast by Technology, 2020-2027

9.4.9.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.4.9.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.5. Rest of the World

9.5.1. Market Estimates & Forecast, By Region, 2020-2027

9.5.2. Market Estimates & Forecast By Type, 2020-2027

9.5.3. Market Estimates & Forecast by Technology, 2020-2027

9.5.4. Market Estimates & Forecast by Sales Channel, 2020-2027

9.5.5. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.5.6. Middle East & Africa

9.5.6.1. Market Estimates & Forecast By Type, 2020-2027

9.5.6.2. Market Estimates & Forecast by Technology, 2020-2027

9.5.6.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.5.6.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

9.5.7. South America

9.5.7.1. Market Estimates & Forecast By Type, 2020-2027

9.5.7.2. Market Estimates & Forecast by Technology, 2020-2027

9.5.7.3. Market Estimates & Forecast by Sales Channel, 2020-2027

9.5.7.4. Market Estimates & Forecast by Vehicle Type, 2020-2027

10. Competitive Landscape

11. Company Profile

11.1. Robert Bosch GmbH

11.1.1. Company Overview

11.1.2. Products/Services Offering

11.1.3. Financial Overview

11.1.4. Key Developments

11.1.5. Strategy

11.1.6. SWOT Analysis

11.2. Aptiv PLC

11.2.1. Company Overview

11.2.2. Products/Services Offering

11.2.3. Financial Overview

11.2.4. Key Developments

11.2.5. Strategy

11.2.6. SWOT Analysis

11.3. Denso Corporation

11.3.1. Company Overview

11.3.2. Products/Services Offering

11.3.3. Financial Overview

11.3.4. Key Developments

11.3.5. Strategy

11.3.6. SWOT Analysis

11.4. NXP Semiconductors N.V.

11.4.1. Company Overview

11.4.2. Products/Services Offering

11.4.3. Financial Overview

11.4.4. Key Developments

11.4.5. Strategy

11.4.6. SWOT Analysis

11.5. Autoliv Inc.

11.5.1. Company Overview

11.5.2. Products/Services Offering

11.5.3. Financial Overview

11.5.4. Key Developments

11.5.5. Strategy

11.5.6. SWOT Analysis

11.6. Gentex Corporation

11.6.1. Company Overview

11.6.2. Products/Services Offering

11.6.3. Financial Overview

11.6.4. Key Developments

11.6.5. Strategy

11.6.6. SWOT Analysis

11.7. Continental AG

11.7.1. Company Overview

11.7.2. Products/Services Offering

11.7.3. Financial Overview

11.7.4. Key Developments

11.7.5. Strategy

11.7.6. SWOT Analysis

11.8. TGS Group

11.8.1. Company Overview

11.8.2. Products/Services Offering

11.8.3. Financial Overview

11.8.4. Key Developments

11.8.5. Strategy

11.8.6. SWOT Analysis

11.9. Murata Manufacturing Co., Ltd.

11.9.1. Company Overview

11.9.2. Products/Services Offering

11.9.3. Financial Overview

11.9.4. Key Developments

11.9.5. Strategy

11.9.6. SWOT Analysis

11.10. Valeo

11.10.1. Company Overview

11.10.2. Products/Services Offering

11.10.3. Financial Overview

11.10.4. Key Developments

11.10.5. Strategy

11.10.6. SWOT Analysis


List of Tables

Table 1 Global Automotive Parking Sensors Market: By Region, 2020-2027

Table 2 North America: Automotive Parking Sensors Market: By Country, 2020-2027

Table 3 Europe: Automotive Parking Sensors Market: By Country, 2020-2027

Table 4 Asia-Pacific: Automotive Parking Sensors Market: By Country, 2020-2027

Table 5 RoW: Automotive Parking Sensors Market: By Region, 2020-2027

Table 6 Global Automotive Parking Sensors Market, By Type, By Regions, 2020-2027

Table 7 North America: Automotive Parking Sensors Market, By Type, By Country, 2020-2027

Table 8 Europe: Automotive Parking Sensors Market, By Type, By Country, 2020-2027

Table 9 Asia-Pacific: Automotive Parking Sensors Market, By Type, By Country, 2020-2027

Table 10 RoW: Automotive Parking Sensors Market, By Type, By Country, 2020-2027

Table 11 Global Automotive Parking Sensors Market by Technology, By Regions, 2020-2027

Table 12 North America: Automotive Parking Sensors Market by Technology: By Country, 2020-2027

Table 13 Europe: Automotive Parking Sensors Market by Technology: By Country, 2020-2027

Table 14 Asia-Pacific: Automotive Parking Sensors Market by Technology: By Country, 2020-2027

Table 15 RoW: Automotive Parking Sensors Market by Technology: By Country, 2020-2027

Table 16 Global Automotive Parking Sensors Market by Sales Channel, By Regions, 2020-2027

Table 17 North America: Automotive Parking Sensors Market by Sales Channel: By Country, 2020-2027

Table 18 Europe: Automotive Parking Sensors Market by Sales Channel: By Country, 2020-2027

Table 19 Asia-Pacific: Automotive Parking Sensors Market by Sales Channel: By Country, 2020-2027

Table 20 RoW: Automotive Parking Sensors Market by Sales Channel: By Country, 2020-2027

Table 21 Global Automotive Parking Sensors Market by Vehicle Type, By Regions, 2020-2027

Table 22 North America: Automotive Parking Sensors Market by Vehicle Type: By Country, 2020-2027

Table 23 Europe: Automotive Parking Sensors Market by Vehicle Type: By Country, 2020-2027

Table 24 Asia-Pacific: Automotive Parking Sensors Market by Vehicle Type: By Country, 2020-2027

Table 25 RoW: Automotive Parking Sensors Market by Vehicle Type: By Country, 2020-2027

Table 26 Global Automotive Parking Sensors Market: By Region, 2020-2027

Table 27 Global Automotive Parking Sensors Market: By Type, 2020-2027

Table 28 Global Automotive Parking Sensors Market: By Technology, 2020-2027

Table 29 Global Automotive Parking Sensors Market: By Vehicle Type, 2020-2027


List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-down & Bottom-up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Automotive Parking Sensors Market Share, By Type, 2020(%)

FIGURE 9 Global Automotive Parking Sensors Market, By Type, 2020-2027 (USD MILLION)

FIGURE 10 Global Automotive Parking Sensors Market Share, By Technology, 2027(%)

FIGURE 11 Global Automotive Parking Sensors Market, By Technology, 2020-2027 (USD MILLION)

FIGURE 12 Global Automotive Parking Sensors Market Share, By Sales Channel, 2027(%)

FIGURE 13 Global Automotive Parking Sensors Market, By Sales Channel, 2020-2027 (USD MILLION)

FIGURE 14 Global Automotive Parking Sensors Market Share, By Vehicle Type, 2027(%)

FIGURE 15 Global Automotive Parking Sensors Market, By Vehicle Type, 2020-2027 (USD MILLION)

FIGURE 16 Global Automotive Parking Sensors Market Share (%), BY Region, 2020

FIGURE 17 Global Automotive Parking Sensors Market, BY Region, 2020-2027 (USD MILLION)

FIGURE 18 North America: Automotive Parking Sensors Market Share (%), 2020

FIGURE 19 North America: Automotive Parking Sensors Market by Country, 2020-2027 (USD MILLION)

FIGURE 20 Europe: Automotive Parking Sensors Market Share (%), 2020

FIGURE 21 Europe: Automotive Parking Sensors Market BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia-Pacific: Automotive Parking Sensors Market Share (%), 2020

FIGURE 23 Asia-Pacific: Automotive Parking Sensors Market BY Country, 2020-2027 (USD MILLION)

FIGURE 24 Rest of the World Automotive Parking Sensors Market Share (%), 2020

FIGURE 25 Rest of the World Automotive Parking Sensors Market BY Region, 2020-2027 (USD MILLION)