Global Automotive Intelligence Park Assist System Market is segmented by technology, component, vehicle type and region. Technology is segregated into autonomous parking assist, semiautonomous parking assist.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
To Know About The Research Methodology :- Request Free Sample Report
Parking assist system support drivers to easily park in crowded parking lots to avoid hanging & collisions. The parking assist system is a necessary application for the car active collision avoidance system in low-speed and urban complex environments.
Key factors such as rising traffic flow & consequent increase in road accidents act as main driving forces for the automotive intelligence park assist system market. The increase in inhabitant’s worldwide resulted in traffic crowding, this caused a lack of parking space. The upsurge in the rate of road accidents made the government bodies to execute stringent regulations for road safety. Governments had also undertaken some initiatives to encourage safety & to reduce car accidents. This, in turn, has increased the demand for automotive intelligence park assist system in the cars. Additionally, rising demand for autonomous & semi-autonomous cars delivers profitable business opportunities for the key players in the global automotive intelligence park assist system market.
Also, rising awareness among the population about safety has also helped in falling the mishaps. Nevertheless, the dearth in the protocol for the development of the automotive intelligence park assist system is the main restraining factor for the global automotive intelligence park assist system market.
Global Automotive Intelligence Park Assist System Market Segment Analysis:
Based on the technology, the semiautonomous parking assist segment is booming the global automotive intelligence park assist system market. The automotive intelligence park assist system used in this supported the driver in finding a parking space by showing free spaces in a display placed on the upper centre console. After stopping the car & changing into reverse, the automotive intelligence park assist system control the steering. The driver drives the car by using the instructions of the system on the display about accelerating & breaking, and the system control the steering while parallel parking autonomously.
By the component, an ultrasonic sensor & camera segment has the largest share throughout the forecast period. Ultrasonic proximity detectors to measure the distances to nearby objects via sensors located in the front and rear bumper fascia’s or visually minimized within adjacent grills or recesses. As an ultrasonic system relies on the reflection of sound waves, the system may not detect flat objects or object not sufficiently large to reflect sound which is a thin pole or a longitudinal object pointed directly at the vehicle or near an object.
Global Automotive Intelligence Park Assist System Market Regional Analysis:
Region-wise, North America emerged as the leading regional market for the automotive intelligence park assist systems in 2019 with a share of more than 35%. Researchers expect the scenario to remain the same in the future. The acceptance of advanced automotive technology and the presence of global manufacturers in the U.S. will increase this regional market considerably. Europe closely follows North America with almost the same market share. As Europe is known to the automotive hub, most of the advanced components find their invention centers located in European countries. As well, the level of acceptance towards advanced driver assistance systems is fairly higher.
The objective of the report is to present comprehensive analysis of Global Automotive Intelligence Park Assist System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Automotive Intelligence Park Assist System Market dynamics, structure by analyzing the market segments, and project the Global Automotive Intelligence Park Assist System Market size. Clear representation of competitive analysis of key players By Distribution Channel, Type, and regional presence in the Global Automotive Intelligence Park Assist System Market make the report investor’s guide.
Global Automotive Intelligence Park Assist System Market, Key Highlights:
• Global Automotive Intelligence Park Assist System Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Intelligence Park Assist System Market
• Global Automotive Intelligence Park Assist System Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Automotive Intelligence Park Assist System Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Automotive Intelligence Park Assist System Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Intelligence Park Assist System Market are also profiled.
For More Information Visit :https://www.maximizemarketresearch.com/market-report/global-automotive-intelligence-park-assist-system-market/21230/
Scope of the Global Automotive Intelligence Park Assist System Market: Inquire before buying
Global Automotive Intelligence Park Assist System Market, by Technology
• Autonomous Parking Assist
• Semiautonomous Parking Assist
Global Automotive Intelligence Park Assist System Market, by Component
• Ultrasonic Sensor
• Camera
• Ultrasonic Sensor & Camera
Global Automotive Intelligence Park Assist System Market, by Vehicle type
• Passenger Car
• Commercial Vehicles
Global Automotive Intelligence Park Assist System Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Global Automotive Intelligence Park Assist System Market Key Players
• Robert Bosch GmbH
• Continental AG
• ZF Friedrichshafen AG
• Delphi Automotive LLP
• Siemens AG
• Valeo
• HELLA GmbH & Co. KGaA
• TOSHIBA CORPORATION
• Clarion
• NXP Semiconductors
• Magna International
• Aptiv PLC
• Blighter Surveillance Systems Ltd.
• Hitachi, Ltd.,
• BorgWarner Inc.,
• AISIN SEIKI Co., Ltd
• HYUNDAI MOBIS
• Panasonic Corporation
• Park Assist
• Amano Corporation
• Kapsch Group
• Magna International
• TKH GROUP
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
