Automotive Intelligence Park Assist System Market

The global Automotive Intelligence Park Assist System market was valued at 202.01 Million USD in 2021 and will grow with a CAGR of 6.51% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Intelligence Park Assist System Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Intelligence Park Assist System Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Parking assist systems help drivers easily park in crowded parking lots to avoid hanging and collisions.The parking assist system is an important application of the car active collision avoidance system in low-speed and urban complex environments, and it is also an intelligent embodiment of the car active collision avoidance system. The emergence of parking assist systems has made parking easier and easier. The development is from simple assistance to integrated automatic parking. Their purpose is to help you easily get in the crowded parking lot. The parking aid system detects the parking position through a camera mounted on the vehicle body, ultrasonic sensors, and infrared sensors, draws a parking map, and dynamically plans the parking path in real time, guiding the car or directly steering the steering wheel into the parking position.

By Market Verdors:

Toshiba Corp

Hitachi Ltd

Robert Bosch

Continental

ZF Friedrichshafen

Delphi Automotive

Siemens

Valeo

Magna International

Hella GmbH & Co. KGaA

By Types:

Ultrasonic Sensor

Camera

Ultrasonic Sensor and Camera

By Applications:

Autonomous Parking Assist

Semiautonomous Parking Assist

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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