Title: Market overview for Automotive Parking Sensors Market Report 2016-2020
1Global Automotive Parking Sensors Market
2016-2020
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2Global Automotive Parking Sensors Market 2016-2020
CAGR Forecast
- The analysts forecast Global Automotive Parking
Sensors Market to grow at a CAGR of 23.90 during
the period 2016-2020. - 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
obstacle in terms of distance and representation.
As a result, the automotive industry is
progressively witnessing the adoption of parking
sensors.
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3Global Automotive Parking Sensors Market 2016-2020
Report Covers
- Global Automotive Parking Sensors Market covers
the present scenario and the growth prospects of
Automotive Parking Sensors Market for 2016-2020. - The report, Global Automotive Parking Sensors
Market 2016-2020, 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.
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4GLOBAL AUTOMOTIVE PARKING SENSORS MARKET
2016-2020
Key Regions
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5Global Automotive Parking Sensors Market 2016-2020
Key Vendors
- Bosch, DENSO, Murata Manufacturing, NXP
Semiconductors, Texas Instruments, Valeo
Other Prominent Vendors
- Black Cat Security
- Nippon Audiotronix
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6Global Automotive Parking Sensors Market 2016-2020
Market Key Components
- Market Driver
- Legislation standards for backup camera to push
adoption of parking sensors. - For a full, detailed list, view our report
- Market Challenge
- High replacement cost associated with parking
sensor system. - For a full, detailed list, view our report
- Market Trend
- Adoption of LiDAR in parking assist system.
- For a full, detailed list, view our report
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7Global Automotive Parking Sensors Market 2016-2020
Key Questions Answered in this Report
- What will the market size be in 2020 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?
- What are the market opportunities and threats
faced by the key vendors? - What are the strengths and weaknesses of the key
vendors?
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