Parking Aid Sensors Market 2021 Precise Outlook- Bosch, Standard Motor Products Inc, Valeo

The report titled “Parking Aid Sensors Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.

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Key Market Players:

Bosch, Standard Motor Products Inc, Hella, Noabe, Holstein Automotive, TI, Valeo, Nedap

The market for parking sensors was valued at $1796.27m in the year 2020 and is estimated to reach by $6625.16m by 2025 at an estimated CAGR of 24.3%.

Industry News:

FARMINGTON HILLS, Mich.-- Parking a vehicle can sometimes turn into a real drama. More and more often, a driver’s attempt to squeeze a car into a parking space ends with dents and scratches. Approximately 13 percent of auto accidents occur in parking lots, according to Nationwide Insurance claims data.i One of the main causes is vehicles with poor visibility.

TEL AVIV, Israel & PARIS-- Vayyar Imaging, the global leader in 3D imaging technology, today announced from the Paris Motor Show it will provide Valeo (OTCMKTS:VLEEY), a leading automotive supplier, with its advanced automotive sensors to enhance infant passenger safety in vehicles. Vayyar’s highly-sophisticated radar sensors enable Valeo to monitor infants’ breathing and trigger an alert in the case of emergency, including if an infant has been left inside a vehicle alone. Through this partnership, the companies will work together toward mass production readiness to radically change the standard of safety in the automotive industry.

Market Segmentation by Types:

Front Parking Sensors

    Rear Parking Sensors

Market Segmentation by Applications:

Commercial Car

    Passenger Car

Geographically, the report takes stock of the potential of Parking Aid Sensors market in the regions of North America including the U.S. and Canada, Latin America (Mexico, Brazil, and Argentina), Europe (U.K., Germany, France, Italy, Spain, and Nordic), Asia Pacific (India, China, Thailand, Malaysia, Singapore, and Australia, and the Middle East and Africa including Gulf Cooperation Council (GCC), South Africa, Israel, and Nigeria.  

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Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Parking Aid Sensors Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Parking Aid Sensors Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2020 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Parking Aid Sensors Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Parking Aid Sensors industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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