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.
The global production of automotive parking radar is about 273 M Units in 2016, Europe is the largest production region in 2016, the production is about 82 M Units in 2016, the market share is about 30%; North America is the second largest production region in 2016, the production is about 68 M Units in 2016, the market share is about 25%;
The global consumption of automotive parking radar is about 273 M Units in 2016, Europe is also the largest consumption region in 2016, the consumption is about 76.5 M Unit, the market share is about 28%; China is the second largest consumption region in 2016, the consumption is about 65 M Unit, the market share is about 24%;
The average price of automotive parking radar is about 15.5 USD per Unit in 2016, the average gross margin is about 20%, the price shows down trend and the gross margin has the similar trend;
According to this study, over the next five years the Automotive Parking Radar market will register a 7.1% CAGR in terms of revenue, the global market size will reach USD 6810 million by 2024, from USD 4510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Parking Radar business, shared in Chapter 3.
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.
This study considers the Automotive Parking Radar value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Forward
Rear View
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Bosch
Denso
Fujitsu Ten
Continental
Autoliv
Delphi
ZF
Valeo
Hella
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Parking Radar consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Parking Radar market by identifying its various subsegments.
Focuses on the key global Automotive Parking Radar manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Parking Radar with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Parking Radar submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
