Global Automotive Parking Sensor Market Size, Share, Opportunities, And Trends By Sensor Type (Front Parking, Reverse Parking), By Technology (Ultrasonic, Electromagnetic), By End-user (OEMs, Aftermarket), By Vehicle Type (Passenger, Light Commercial Vehicle, Heavy Commercial Vehicle), And By Geography - Forecasts From 2025 To 2030

Automotive Parking Sensor Market Size:

The Global Automotive Parking Sensor Market is expected to grow from USD 3.521 billion in 2025 to USD 5.131 billion in 2030, at a CAGR of 7.82%.

Automotive Parking Sensor Market Trends:

An automotive parking sensor is a type of proximity sensor that is used to guide and assist the driver in parking the vehicle. The parking sensor warns the driver of any obstacles in the way while parking the car. The parking sensors are either present in the front of the vehicle, the rear of the vehicle, or both ends of the vehicle. The growing popularity of smarter parking systems and solutions due to the rising number of accidents is significantly fueling the demand for parking sensors across different car model manufacturers. Rising investments in ADAS solutions will continue to bolster the growth of the automotive parking sensor market during the forecast period.

Automotive Parking Sensor Market Geographical Outlook:

• By Sensor Type

By sensor type, the global automotive parking sensor market has been segmented into front parking sensors and reverse parking sensors. The most widely used are reverse parking sensors, as they ease the parking process and thus hold a significant share of  the market

• By Technology

By technology, the global automotive parking sensor market has been segmented as ultrasonic and electromagnetic. Of these, electromagnetically triggered sensors are used more as they provide a wider view while parking and can be easily mounted inside the bumper of a car.  

• By End-User

By end-user, the global automotive parking sensor market has been segmented into  OEMs and aftermarkets.

OEMs hold a significant share in the market as most of the major car companies now manufacture cars that have parking sensors already, whereas Aftermarket can grow its share over the coming years.

• By Vehicle Type

By application, the global automotive parking sensor market has been segmented into passenger vehicles,  light commercial vehicles, and heavy commercial vehicles. Passenger vehicles seem to hold a significant share of  the market due to the demand for more passenger cars and better parking aids

• By Geography

Geographically, the global automotive parking sensor market is segmented as follows: North America, Europe, the Middle East & Africa, Asia-Pacific, and South America. Currently, the Americas hold a great share of the market and this is expected to increase over the coming years. Europe also holds a significant number of shares, which is said to increase over the coming years

Automotive Parking Sensor Market Competitive Intelligence:

The global automotive parking sensor market is competitive owing to the presence of well-diversified global and regional players. The key players are Robert Bosch GmbH, Valeo, Continental AG, Xvision Ltd, Scorpion Automotive Ltd, Aptiv plc, and Murata Manufacturing Co., Ltd., among others.

Segmentation

The global automotive parking sensor market has been analyzed through the following segments:

• By Sensor Type
  • Front Parking
  • Reverse Parking
• By Technology
  • Ultrasonic
  • Electromagnetic
• By End-user
  • OEMs
  • Aftermarket
• By Vehicle Type
  • Passenger
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Thailand
    • Taiwan
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. GLOBAL AUTOMOTIVE PARKING SENSOR MARKET, BY SENSOR TYPE

5.1. Introduction

5.2. Front Parking

5.3. Reverse Parking

 

6. GLOBAL AUTOMOTIVE PARKING SENSOR MARKET, BY TECHNOLOGY

6.1. Introduction

6.2. Ultrasonic

6.3. Electromagnetic

 

7. GLOBAL AUTOMOTIVE PARKING SENSOR MARKET, BY END-USER

7.1. Introduction

7.2. OEMs

7.3. Aftermarket

 

8. GLOBAL AUTOMOTIVE PARKING SENSOR MARKET, BY VEHICLE TYPE

8.1. Introduction

8.2. Passenger

8.3. Light Commercial Vehicle

8.4. Heavy Commercial Vehicle

 

9. GLOBAL AUTOMOTIVE PARKING SENSOR MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. United States

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. Germany

9.4.2. France

9.4.3. United Kingdom

9.4.4. Spain

9.4.5. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. Israel

9.5.3. UAE

9.5.4. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. South Korea

9.6.4. India

9.6.5. Indonesia

9.6.6. Thailand

9.6.7. Taiwan

9.6.8. Others

 

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

 

11. COMPANY PROFILES

11.1. Robert Bosch GmbH

11.2. Valeo

11.3. Continental AG

11.4. Xvision Ltd

11.5. Scorpion Automotive Ltd

11.6. Aptiv plc

11.7. Murata Manufacturing Co., Ltd.

11.8. Pepperl+Fuchs GmbH

11.9. Texas Instruments Incorporated

11.10. Nedap

Robert Bosch GmbH

Valeo

Continental AG

Xvision Ltd

Scorpion Automotive Ltd

Aptiv plc

Murata Manufacturing Co., Ltd.

Pepperl+Fuchs GmbH

Texas Instruments Incorporated

Nedap