Automotive Intelligence Park Assist System Market Overview:
Automotive Intelligence Park Assist System (IPAS) is also known as Advance Parking Guidance System (APGS) in some countries. It is a system surrounded by electronic components such as sensors and is used in both, ICE and electrical vehicles. The automotive intelligence park assist system provides physical containment for various power components like semiconductors and helps to park the vehicle safely by tracking the parking area. The automotive intelligence park assist system comprises of onboard computer used camera fixed into the front and rear sides of the car and sensors positioned at similar locations notice the proximity of nearby vehicles. The sensors are electromagnetic or ultrasonic and are designed to alert the driver from obstacles while parking. Automotive Intelligence Park Assist System Market Size To Expand at a Notable CAGR Of 6.3% During 2019 – 2023
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Key Players:
The prominent players in the global automotive intelligence park assist system include Siemens AG (Germany), Valeo (France), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Magna International (Canada), Continental AG (Germany), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), HELLA GmbH & Co. KGaA (Germany), and Delphi Automotive (Germany).
Growth Analysis:
Scope of the Report
This study provides an overview of the global automotive intelligence park assist systems market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
Segmentation:
The global automotive intelligence park assist system market is segmented on the basis of technology, component, and region.
On the basis of technology, the market has been segmented into autonomous and semi-autonomous parking assist.
On the basis of component, the market has been segmented into ultrasonic sensor, camera, and Ultrasonic Sensor & Camera.
On the basis of vehicle type, the market has been segmented into passenger car and commercial vehicle.
Regional Analysis:
Geographically, the Global Automotive Intelligence Park Assist System Market has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is estimated to hold the largest market share during the forecast period owing to growing population, lack of parking space, and changing lifestyle of consumers across the region. Moreover, increased uses of electrification in vehicles is expected to boost the demand for automotive intelligence park assist system in this region. Furthermore, the rise in demand for safety features in vehicles and increasing investment by public and private players to develop automobile sector inbuilt with advance technology such as IoT, AI, ADAS, Sensors and other systems, are contributing in the growth of this market in this region.
Table of Content
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Counter UAS Market, By Type
1.1.2. Global Counter UAS Market, By Platform
1.1.3. Global Counter UAS Market, By End-User
1.1.4. Global Counter UAS Market, By Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
Continue….
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