Europe Parking Sensor Market Size, Share & Trends Analysis Report By Technology (Ultrasonic, and Electromagnetic), By Installation (OEM, and Aftermarket), By Country and Growth Forecast, 2024 - 2031

Europe Parking Sensor Market Size, Share & Trends Analysis Report By Technology (Ultrasonic, and Electromagnetic), By Installation (OEM, and Aftermarket), By Country and Growth Forecast, 2024 - 2031


The Europe Parking Sensor Market would witness market growth of 14.4% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Parking Sensor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,771.2 Million by 2031. The UK market is exhibiting a CAGR of 13.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15.4% during (2024 - 2031).

These sensors are used in vehicles designed for transporting children, such as school buses or daycare vans, to ensure safety during pickup and drop-off. They help prevent accidents by detecting obstacles around the vehicle. These sensors provide valuable data for fleet operators, offering real-time parking patterns and space utilization analytics. This data helps optimize fleet management and improve the efficiency of vehicle operations.

Furthermore, several factors, including technological advancements, regulatory requirements, and consumer preferences, have influenced the adoption of these sensors. Increased vehicle safety and accident prevention awareness have driven more consumers to seek advanced safety features, including these sensors. As safety becomes a higher priority, the adoption of these sensors in new and existing vehicles has grown.

The prevalence of single-vehicle crashes highlights the need for improved safety features. these sensors, which aid in preventing collisions and enhancing situational awareness, become more sought-after as a proactive safety measure in European vehicles. According to the European Road Safety Observatory, in the EU in 2020, 6,296 people were killed in a single-vehicle crash. 85% of all single-vehicle fatalities are men, compared to 78% for all road fatalities. In 2020, 33% of all serious injuries occurred in a single-vehicle crash. The high incidence of single-vehicle crashes can lead to stricter safety regulations and standards in Europe. This increased regulatory pressure encourages vehicle manufacturers to incorporate advanced safety technologies, such as parking sensors, to comply with new safety requirements. Thus, high single-vehicle crashes in the region are driving the growth of the market.

Based on Technology, the market is segmented into Ultrasonic, and Electromagnetic. Based on Installation, the market is segmented into OEM, and Aftermarket. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • >Robert Bosch GmbH
  • Aptiv PLC
  • Denso Corporation
  • Valeo SA
  • ZF Friedrichshafen AG
  • Continental AG
  • NXP Semiconductors N.V.
  • Ford Motor Company
  • Mercedes-Benz Group AG
  • Infineon Technologies AG
Europe Parking Sensor Market Report Segmentation

By Technology
  • >Ultrasonic
  • Electromagnetic
By Installation
  • >OEM
  • Aftermarket
By Country
  • >Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Parking Sensor Market, by Technology
1.4.2 Europe Parking Sensor Market, by Installation
1.4.3 Europe Parking Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Recent Strategies Deployed in Parking Sensor Market
4.3 Porter Five Forces Analysis
Chapter 5. Europe Parking Sensor Market by Technology
5.1 Europe Ultrasonic Market by Country
5.2 Europe Electromagnetic Market by Country
Chapter 6. Europe Parking Sensor Market by Installation
6.1 Europe OEM Market by Country
6.2 Europe Aftermarket Market by Country
Chapter 7. Europe Parking Sensor Market by Country
7.1 Germany Parking Sensor Market
7.1.1 Germany Parking Sensor Market by Technology
7.1.2 Germany Parking Sensor Market by Installation
7.2 UK Parking Sensor Market
7.2.1 UK Parking Sensor Market by Technology
7.2.2 UK Parking Sensor Market by Installation
7.3 France Parking Sensor Market
7.3.1 France Parking Sensor Market by Technology
7.3.2 France Parking Sensor Market by Installation
7.4 Russia Parking Sensor Market
7.4.1 Russia Parking Sensor Market by Technology
7.4.2 Russia Parking Sensor Market by Installation
7.5 Spain Parking Sensor Market
7.5.1 Spain Parking Sensor Market by Technology
7.5.2 Spain Parking Sensor Market by Installation
7.6 Italy Parking Sensor Market
7.6.1 Italy Parking Sensor Market by Technology
7.6.2 Italy Parking Sensor Market by Installation
7.7 Rest of Europe Parking Sensor Market
7.7.1 Rest of Europe Parking Sensor Market by Technology
7.7.2 Rest of Europe Parking Sensor Market by Installation
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Denso Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Aptiv PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Valeo SA
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 ZF Friedrichshafen AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Continental AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 NXP Semiconductors N.V.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 Infineon Technologies AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Mercedes-Benz Group AG
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. Ford Motor Company
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Engineering, research, and development expenses
8.10.5 SWOT Analysis

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