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This report aims to provide a comprehensive presentation of the global market for Parking Sensor, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Parking Sensor.
The Parking Sensor market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Parking Sensor market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Parking Sensor manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The parking sensor market was valued at usd 3,224.45 million in 2021 and is expected to reach usd 10,390.19 million by 2029, registering a cagr of 15.75 % during the forecast period of 2022 to 2029.
Competitive Landscape Analysis:
The main players in the Parking Sensor market include Robert Bosch GmbH (Germany), Aptiv (U.S.), Denso Corporation (Japan), Valeo (France), and Autoliv (Sweden). The share of the top 3 players in the Parking Sensor market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Parking Sensor market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. Reverse Parking accounted for xx% of Parking Sensor market in 2022. Front Parking share of xx%.
Passenger Cars accounted for xx% of the Parking Sensor market in 2022. Light Commercial Vehicles accounts for xx%.
The storage market is cold, and advanced technologies continue to develop.
With the rising inflation and weak demand in the terminal market, especially the decline in demand for PC and mobile phone terminal products affected by consumer spending, the growth expectation of the consumer storage market is lowered. In addition, the reduction of investment in data centers by technology giants such as Microsoft and Amazon will put downward pressure on the commercial storage market.
Although the consumer storage market will be cold, the market demand for applications such as automobiles is strong. With the substantial increase in sales of new energy vehicles, the amount of storage products required for bicycles will be greatly improved, especially after introducing other intelligent technologies such as ADAS and autonomous driving.
Different from the "uneven heat and cold" in various storage markets, major storage manufacturers have been trying and breaking through in the technical process. For example, in the field of DRAM, Micron's fifth-generation 10nm DRAM product (1β DRAM) has been sent to its partners for verification. Once the product is mature, it will be put into mobile phones, computers, servers, automobiles and other markets one after another.
In the field of NAND Flash, Micron's first 232-layer NAND product in the world has been mass-produced and is being supplied to PC OEM customers around the world; SK Hynix 238-layer 512Gb TLC 4D NAND flash memory is expected to be put into mass production in the first half of 2023. Samsung's plan is even bolder, claiming that it will realize 1,000 layers of V-NAND by 2030.
Segmental Analysis
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Some of the Top Market Players Covered Are:
Robert Bosch GmbH (Germany)
Aptiv (U.S.)
Denso Corporation (Japan)
Valeo (France)
Autoliv (Sweden)
Gentex Corporation (U.S.)
Continental AG (Germany)
Murata Manufacturing Co., Ltd. (Japan)
Analog Devices, Inc. (U.S.)
Freescale Semiconductor (U.S.)
STMicroelectronics (Switzerland)
NXP Semiconductors (Japan)
Texas Instruments Incorporated (U.S.)
Mercedes-Benz (Germany)
Ford Motor Company (U.S.)
Hyundai Motor India (south Korea)
American Honda Motor Co., Inc. (U.S.)
Market outlook by product/service type:
Reverse Parking
Front Parking
Others
Market outlook by Application :
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Table of Content
1 Parking Sensor Market Overview
1.1 Parking Sensor Product Description
1.2 Parking Sensor Market Segment by Type
1.3 Global Parking Sensor Market Size by Type
1.3.1 Global Parking Sensor Market Size Overview by Type
1.3.2 Global Parking Sensor Historic Market Size Review by Type
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Parking Sensor Sales Breakdown by Type
1.4.2 Europe Parking Sensor Sales Breakdown by Type
1.4.3 Asia-Pacific Parking Sensor Sales Breakdown by Type
1.4.4 Latin America Parking Sensor Sales Breakdown by Type
1.4.5 Middle East and Africa Parking Sensor Sales Breakdown by Type
2 Global Parking Sensor by Application
2.1 Parking Sensor Market Segment by Application
2.2 Global Parking Sensor Market Size by Application
2.2.1 Global Parking Sensor Market Size Overview by Application
2.2.2 Global Parking Sensor Historic Market Size Review by Application
2.3 Key Regions Market Size Segment by Application
2.3.1 North America Parking Sensor Sales Breakdown by Application
2.3.2 Europe Parking Sensor Sales Breakdown by Application
2.3.3 Asia-Pacific Parking Sensor Sales Breakdown by Application
2.3.4 Latin America Parking Sensor Sales Breakdown by Application
2.3.5 Middle East and Africa Parking Sensor Sales Breakdown by Application
3 Parking Sensor Status and Outlook by Region
3.1 Global Parking Sensor Market Size and CAGR by Region: 2018 VS 2023 VS 2029
3.2 Global Parking Sensor Historic Market Size by Region
3.2.1 Global Parking Sensor Sales in Volume by Region
3.2.2 Global Parking Sensor Sales in Value by Region
3.2.3 Global Parking Sensor Sales Price and Gross Margin
3.3 Global Parking Sensor Forecasted Market Size by Region
3.3.1 Global Parking Sensor Sales in Volume by Region
3.3.2 Global Parking Sensor Sales in Value by Region
3.3.3 Global Parking Sensor Sales Price and Gross Margin
4 Global Parking Sensor Market Competition by Company
4.1 Global Top Players by Parking Sensor Sales
4.2 Global Top Players by Parking Sensor Revenue
4.3 Global Top Players Parking Sensor Price
4.4 Global Top Manufacturers Parking Sensor Manufacturing Base Distribution, Sales Area, Product Type
4.5 Parking Sensor Market Competitive Situation and Trends
4.5.1 Parking Sensor Market Concentration Rate
4.5.2 Global 3 and 6 Largest Manufacturers by Parking Sensor Sales and Revenue in 2022
4.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Parking Sensor as of 2022)
4.7 Date of Key Manufacturers Enter into Parking Sensor Market
4.8 Key Manufacturers Parking Sensor Product Offered
4.9 Mergers & Acquisitions, Expansion
5 North America Parking Sensor by Country
5.1 North America Parking Sensor Historic Market Size by Country
5.1.1 North America Parking Sensor Sales in Volume by Country
5.1.2 North America Parking Sensor Sales in Value by Country
5.2 North America Parking Sensor Forecasted Market Size by Country
5.2.1 North America Parking Sensor Sales in Volume by Country
5.2.2 North America Parking Sensor Sales in Value by Country
6 Europe Parking Sensor by Country
6.1 Europe Parking Sensor Historic Market Size by Country
6.1.1 Europe Parking Sensor Sales in Volume by Country
6.1.2 Europe Parking Sensor Sales in Value by Country
6.2 Europe Parking Sensor Forecasted Market Size by Country
6.2.1 Europe Parking Sensor Sales in Volume by Country
6.2.2 Europe Parking Sensor Sales in Value by Country
7 Asia-Pacific Parking Sensor by Country
7.1 Asia-Pacific Parking Sensor Historic Market Size by Country
7.1.1 Asia-Pacific Parking Sensor Sales in Volume by Country
7.1.2 Asia-Pacific Parking Sensor Sales in Value by Country
7.2 Asia-Pacific Parking Sensor Forecasted Market Size by Country
7.2.1 Asia-Pacific Parking Sensor Sales in Volume by Country
7.2.2 Asia-Pacific Parking Sensor Sales in Value by Country
8 Latin America Parking Sensor by Country
8.1 Latin America Parking Sensor Historic Market Size by Country
8.1.1 Latin America Parking Sensor Sales in Volume by Country
8.1.2 Latin America Parking Sensor Sales in Value by Country
8.2 Latin America Parking Sensor Forecasted Market Size by Country
8.2.1 8.2.1 Latin America Parking Sensor Sales in Volume by Country
8.2.2 8.2.2 Latin America Parking Sensor Sales in Value by Country
9 Middle East and Africa Parking Sensor by Country
9.1 Middle East and Africa Parking Sensor Historic Market Size by Country
9.1.1 Middle East and Africa Parking Sensor Sales in Volume by Country
9.1.2 Middle East and Africa Parking Sensor Sales in Value by Country
9.2 Middle East and Africa Parking Sensor Forecasted Market Size by Country
9.2.1 Middle East and Africa Parking Sensor Sales in Volume by Country
9.2.2 Middle East and Africa Parking Sensor Sales in Value by Country
10 Manufacturers Profiles
10.1 Robert Bosch GmbH (Germany)
10.1.1 Robert Bosch GmbH (Germany) Information
10.1.2 Business Overview
10.1.3 Robert Bosch GmbH (Germany) Parking Sensor Sales, Price, Revenue, Gross Margin
10.1.4 Parking Sensor Products Offered
10.1.5 Robert Bosch GmbH (Germany) Recent Development
10.2 Aptiv (U.S.)
10.2.1 Aptiv (U.S.) Information
10.2.2 Business Overview
10.2.3 Aptiv (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.2.4 Parking Sensor Products Offered
10.2.5 Aptiv (U.S.) Recent Development
10.3 Denso Corporation (Japan)
10.3.1 Denso Corporation (Japan) Information
10.3.2 Business Overview
10.3.3 Denso Corporation (Japan) Parking Sensor Sales, Price, Revenue, Gross Margin
10.3.4 Parking Sensor Products Offered
10.3.5 Denso Corporation (Japan) Recent Development
10.4 Valeo (France)
10.4.1 Valeo (France) Information
10.4.2 Business Overview
10.4.3 Valeo (France) Parking Sensor Sales, Price, Revenue, Gross Margin
10.4.4 Parking Sensor Products Offered
10.4.5 Valeo (France) Recent Development
10.5 Autoliv (Sweden)
10.5.1 Autoliv (Sweden) Information
10.5.2 Business Overview
10.5.3 Autoliv (Sweden) Parking Sensor Sales, Price, Revenue, Gross Margin
10.5.4 Parking Sensor Products Offered
10.5.5 Autoliv (Sweden) Recent Development
10.6 Gentex Corporation (U.S.)
10.6.1 Gentex Corporation (U.S.) Information
10.6.2 Business Overview
10.6.3 Gentex Corporation (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.6.4 Parking Sensor Products Offered
10.6.5 Gentex Corporation (U.S.) Recent Development
10.7 Continental AG (Germany)
10.7.1 Continental AG (Germany) Information
10.7.2 Business Overview
10.7.3 Continental AG (Germany) Parking Sensor Sales, Price, Revenue, Gross Margin
10.7.4 Parking Sensor Products Offered
10.7.5 Continental AG (Germany) Recent Development
10.8 Murata Manufacturing Co., Ltd. (Japan)
10.8.1 Murata Manufacturing Co., Ltd. (Japan) Information
10.8.2 Business Overview
10.8.3 Murata Manufacturing Co., Ltd. (Japan) Parking Sensor Sales, Price, Revenue, Gross Margin
10.8.4 Parking Sensor Products Offered
10.8.5 Murata Manufacturing Co., Ltd. (Japan) Recent Development
10.9 Analog Devices, Inc. (U.S.)
10.9.1 Analog Devices, Inc. (U.S.) Information
10.9.2 Business Overview
10.9.3 Analog Devices, Inc. (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.9.4 Parking Sensor Products Offered
10.9.5 Analog Devices, Inc. (U.S.) Recent Development
10.10 Freescale Semiconductor (U.S.)
10.10.1 Freescale Semiconductor (U.S.) Information
10.10.2 Business Overview
10.10.3 Freescale Semiconductor (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.10.4 Parking Sensor Products Offered
10.10.5 Freescale Semiconductor (U.S.) Recent Development
10.11 STMicroelectronics (Switzerland)
10.11.1 STMicroelectronics (Switzerland) Information
10.11.2 Business Overview
10.11.3 STMicroelectronics (Switzerland) Parking Sensor Sales, Price, Revenue, Gross Margin
10.11.4 Parking Sensor Products Offered
10.11.5 STMicroelectronics (Switzerland) Recent Development
10.12 NXP Semiconductors (Japan)
10.12.1 NXP Semiconductors (Japan) Information
10.12.2 Business Overview
10.12.3 NXP Semiconductors (Japan) Parking Sensor Sales, Price, Revenue, Gross Margin
10.12.4 Parking Sensor Products Offered
10.12.5 NXP Semiconductors (Japan) Recent Development
10.13 Texas Instruments Incorporated (U.S.)
10.13.1 Texas Instruments Incorporated (U.S.) Information
10.13.2 Business Overview
10.13.3 Texas Instruments Incorporated (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.13.4 Parking Sensor Products Offered
10.13.5 Texas Instruments Incorporated (U.S.) Recent Development
10.14 Mercedes-Benz (Germany)
10.14.1 Mercedes-Benz (Germany) Information
10.14.2 Business Overview
10.14.3 Mercedes-Benz (Germany) Parking Sensor Sales, Price, Revenue, Gross Margin
10.14.4 Parking Sensor Products Offered
10.14.5 Mercedes-Benz (Germany) Recent Development
10.15 Ford Motor Company (U.S.)
10.15.1 Ford Motor Company (U.S.) Information
10.15.2 Business Overview
10.15.3 Ford Motor Company (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.15.4 Parking Sensor Products Offered
10.15.5 Ford Motor Company (U.S.) Recent Development
10.16 Hyundai Motor India (south Korea)
10.16.1 Hyundai Motor India (south Korea) Information
10.16.2 Business Overview
10.16.3 Hyundai Motor India (south Korea) Parking Sensor Sales, Price, Revenue, Gross Margin
10.16.4 Parking Sensor Products Offered
10.16.5 Hyundai Motor India (south Korea) Recent Development
10.17 American Honda Motor Co., Inc. (U.S.)
10.17.1 American Honda Motor Co., Inc. (U.S.) Information
10.17.2 Business Overview
10.17.3 American Honda Motor Co., Inc. (U.S.) Parking Sensor Sales, Price, Revenue, Gross Margin
10.17.4 Parking Sensor Products Offered
10.17.5 American Honda Motor Co., Inc. (U.S.) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Parking Sensor 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 Parking Sensor Industrial Chain Analysis
11.4 Parking Sensor Market Dynamics
11.4.1 Parking Sensor Industry Trends
11.4.2 Parking Sensor Growth Drivers
11.4.3 Parking Sensor Market Challenges
11.4.4 Parking Sensor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Parking Sensor Distributors
12.3 Parking Sensor Downstream Customers
13 Research Findings and Conclusion
14 Methodology and Data Source
14.1 A Methodology
14.1.1 Research Process
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 B Data Source
14.2.1 Legal Disclaimer
Research Methodology:
Global Parking Sensor Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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