Global Automotive Parking Radar Market Growth 2023-2029

Global Automotive Parking Radar Market Growth 2023-2029

This report studies the Automotive Parking Radar market. This report studies the Automotive Parking Radar market. Parking Radars (or Parking Sensor) are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking Radar gives a more precise look to understand quickly about the obstacle in terms of distance and representation.
LPI (LP Information)' newest research report, the “Automotive Parking Radar Industry Forecast” looks at past sales and reviews total world Automotive Parking Radar sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Parking Radar sales for 2023 through 2029. With Automotive Parking Radar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Parking Radar industry.
This Insight Report provides a comprehensive analysis of the global Automotive Parking Radar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Parking Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Parking Radar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Parking Radar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Parking Radar.
The global Automotive Parking Radar market size is projected to grow from US$ 5848.2 million in 2022 to US$ 9552.8 million in 2029; it is expected to grow at a CAGR of 9552.8 from 2023 to 2029.
The major players in global Automotive Parking Radar market include Bosch, Denso, Fujitsu Ten, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy over 50% of the global market. Rear View is the main type, with a share over 85%. Passenger Vehicles is the key application, which holds a share about 90%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Parking Radar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Forward
Rear View
Segmentation by application
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
Denso
Fujitsu Ten
Continental
Autoliv
Delphi
ZF
Valeo
Hella
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Parking Radar market?
What factors are driving Automotive Parking Radar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Parking Radar market opportunities vary by end market size?
How does Automotive Parking Radar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.