Global Automotive Parking Sensors Market 2018-2022 - MarketResearchNest.com

Global Automotive Parking Sensors Market 2018-2022

Description :
About Automotive Parking Sensors
The parking sensors are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking sensor gives a more precis...

Publish Date : 19-Feb-2018

No.Of Pages : 140

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About Automotive Parking Sensors
The parking sensors are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking sensor gives a more precise look to understand quickly about the distance and representation of the obstacle.

Technavio's analysts forecast the global automotive parking sensors market to grow at a CAGR of 25.15% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive parking sensors market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of automotive parking sensors.

The market is divided into the following segments based on geography:
* Americas
* APAC
* EMEA

Technavio's report, Global Automotive Parking Sensors Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
* Bosch
* Delphi
* DENSO
* NXP Semiconductors
* Valeo



Market driver
* Growing demand for assisted-parking systems
* For a full, detailed list, view our report

Market challenge
* High replacement cost associated with parking systems
* For a full, detailed list, view our report

Market trend
* Emergence of smart parking systems
* For a full, detailed list, view our report

Key questions answered in this report
* What will the market size be in 2022 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?


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SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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