New Innovation for Automotive Parking Radar with Top Technologies: Future Growth and Market Analysis

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Parking sensors are proximity sensors for road vehicles designed to alert the driver of obstacles while parking. These systems use either electromagnetic or ultrasonic sensors.

Automotive Parking Radar Market
Summary

The Automotive Parking Radar Market Report provides a comprehensive overview including Current scenario and the future growth prospects. 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 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.

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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;

The report also covers vast information on the key players operating in the Market, including the industry overview, revenue share, developments, mergers & acquisitions, and strategies of the players operating in the market. The report also provides a comprehensive analysis of the product innovation and the consumer satisfaction. The Automotive Parking Radar Market Report has been segmented on the basis of the product type, technology, industry verticals, end-users, and region.

Some of the major players involved in the research and development of Automotive Parking Radar market are; Bosch, Denso, Fujitsu Ten, Continental, Autoliv, Delphi, ZF, Valeo, Hella.  

Market Segmentation: Automotive Parking Radar

The Automotive Parking Radar Market segments by geological regions 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)

This report displays the sales volume, revenue, product price, market share and growth rate of each type, primarily split into Forward, Rear View.

This report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including Passenger Vehicles, Commercial Vehicles.

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Research Methodology: Automotive Parking Radar Market 

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Moreover, the Automotive Parking Radar market report includes important information related new products launched in the industry, regional landscaping, various approvals, and many strategies adopted in this competitive Market.

The Automotive Parking Radar Market Report mainly covers following Content.

1. Automotive Parking Radar Market Overview.
2. Automotive Parking Radar Market Competition by Manufacturers.
3. Automotive Parking Radar capacity, Production, Revenue (Value) by Region.
4. Automotive Parking Radar Supply (Production), Consumption, Export, Import by Region.
5. Automotive Parking Radar Manufacturers Profiles/Analysis.
6. Automotive Parking Radar Manufacturing Cost Analysis.
7. Industrial Chain, Sourcing Strategy and Downstream Buyers.
8. Automotive Parking Radar Industry Effect Factors Analysis.
9. Automotive Parking Radar Market Forecast 2018-2023.
Continued…

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The Automotive Parking Radar Market Report provides a deep analysis of the key market analysis, the different segments and also the sub-segments which focus on the evolving market trends, the dynamic nature of the market and also the market forecasting. They also track the current trends, the different challenges experienced and the various competitive insights.

Target Audience of the Automotive Parking Radar Market Report

Key Consulting Companies & Advisors, Large, medium-sized, and small enterprises, Venture capitalists, Value-Added Resellers (VARs), Third-party knowledge providers, Investment bankers, Investors.

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