Automotive Intelligence Park Assist System Market (Updated Version Available)

Parking assist systems help drivers easily park in crowded parking lots to avoid hanging and collisions.
The parking assist system is an important application of the car active collision avoidance system in low-speed and urban complex environments, and it is also an intelligent embodiment of the car active collision avoidance system. The emergence of parking assist systems has made parking easier and easier. The development is from simple assistance to integrated automatic parking. Their purpose is to help you easily get in the crowded parking lot.
The parking aid system detects the parking position through a camera mounted on the vehicle body, ultrasonic sensors, and infrared sensors, draws a parking map, and dynamically plans the parking path in real time, guiding the car or directly steering the steering wheel into the parking position.
Global Automotive Intelligence Park Assist System market size will reach 33300 million US$ by 2026, from 20100 million US$ in 2020, at a CAGR of 6.5% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Automotive Intelligence Park Assist System.

This report covers the present status and the future prospects of the global Automotive Intelligence Park Assist System market for 2015-2026.
The report offers detailed coverage of Automotive Intelligence Park Assist System industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Intelligence Park Assist System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Toshiba Corp, Hitachi Ltd, Robert Bosch, Continental, ZF Friedrichshafen, Delphi Automotive, Siemens, Valeo, Magna International, Hella GmbH & Co. KGaA

Market Segment as follows:
Market by Order Type

Ultrasonic Sensor
Camera
Ultrasonic Sensor and Camera
Automotive Intelligence Park Assist System Breakdown Data by Application
Autonomous Parking Assist
Semiautonomous Parking Assist

Automotive Intelligence Park Assist System market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Intelligence Park Assist System market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive Intelligence Park Assist System market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Intelligence Park Assist System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.