04-22-2019 09:39 AM CET - Business, Economy, Finances, Banking & Insurance
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Automotive Parking Radar Market Research 2018: Global Industry will Reflect Significant Growth Prospects by 2023

Press release from: Research for Markets
PR Agency: Research for Markets
Research for Markets
Research for Markets


The worldwide market for Automotive Parking Radar is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 6810 million US$ in 2023, from 4510 million US$ in 2017.
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.
Market Segment by Manufacturers, this report covers
Bosch, Denso, Fujitsu Ten, Continental, Autoliv, Delphi, ZF, Valeo, Hella and others
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Scope of the Report:
This report focuses on the Automotive Parking Radar in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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;
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• Forward
• Rear View
Market Segment by Applications, can be divided into
• Passenger Vehicles
• Commercial Vehicles
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Table of Content
1 Market Overview
2 Manufacturers Profiles
3 Global Automotive Parking Radar Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Automotive Parking Radar Market Analysis by Regions
5 North America Automotive Parking Radar by Countries
6 Europe Automotive Parking Radar by Countries
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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com

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