The global automotive parking sensors market is growing and is expected to witness strong adoption during the forecast period, owing to the system's contribution toward vehicle safety and convenience.In the past, automotive parking sensors were largely restricted to luxury segment cars, owing to their cost. However, wide sensor application and legislation push toward the use of backup cameras allowed the adoption of automotive parking sensors in mass segment vehicles. Another aspect elevating the system's adoption is the effort from aftermarket players in reducing the price of parking sensors,driving adoption in mid segment vehicles.This report covers the present scenario and growth prospects of the global automotive parking sensors market from 2016-2020. The report includes the entire range of automotive parking sensors available in the market. To calculate market size, the report considers the revenue of automotive parking sensors across all regions. It also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, it discusses the major drivers that influence the growth of the global automotive parking sensors market. The report also outlines the challenges faced by vendors and the market at large and identifies the key trends that are emerging in the market.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 8

Market overview 8

Report coverage 8

Top-vendor offerings 10

PART 03: Market research methodology 12

Research methodology 12

Economic indicators 12

PART 04: Introduction 13

Key market highlights 13

Historical brief: Automotive sensors 18

Explosive growth of automotive sensors in vehicles 18

Regulatory framework 19

Parking sensors: Market dynamics 21

Value chain analysis 23

PART 05: Market landscape 25

Market overview 25

Parking sensor types 26

Market size and forecast 27

Five forces analysis 30

PART 06: Market segmentation by end users 31

Global automotive parking sensors market segmentation

by end users 31

Global automotive parking sensors market by OEMs 32

Global automotive parking sensors market by

aftermarket 34

PART 07: Market segmentation by sensor type 36

Global automotive parking sensors market segmentation

by sensor type 36

Global automotive parking sensors market by ultrasonic

sensors 37

Global automotive parking sensors market by

electromagnetic sensors 39

PART 08: Geographical segmentation 43

Segmentation of automotive parking sensors market by

geography 43

Automotive parking sensors market in Americas 44

Automotive parking sensors market in EMEA 47

Automotive parking sensors market in APAC 49

PART 09: Market drivers 52

Untoward incidents during parking maneuvers (reversing

and blind spots) to push adoption of parking sensors 52

Legislation standards for backup camera to push

adoption of parking sensors 53

Growing usage of automatic parking system to push

parking sensors demand 54

Increased safety awareness among end users to push

growth in parking sensors market 55

Insurance premium discounts for vehicles equipped with

technology that removes impaired visibility 56

PART 10: Market challenges 58

High replacement cost associated with parking sensors

system 58

Functional issues of parking assist system 59

Overdependence on safety systems is impacting driving

skills 61

PART 11: Market trends 63

PART 12: Vendor landscape 68

Competitive benchmarking 68

Other prominent vendors 69

PART 13: Key vendor analysis 71

Bosch 71

DENSO 74

Murata Manufacturing 76

NXP Semiconductors 79

Texas Instruments 81

Valeo 83

PART 14: Appendix 86

List of abbreviation 86

PART 15: Explore Technavio 87