Automotive Intelligence Park Assist System Market

1. Automotive Intelligence Park Assist System Market Expected to Witness 6.3% CAGR during the Forecast 2018 to 2023 Market Research Future has published a Research Report on” Automotive Intelligence Park Assist System Market”. This Report Covers the Top Countries and Regions of the World, Including Market Share, Size, Trends, Growth, Revenue and much more across the globe. Industry Insight According to Market Research Future (MRFR), the Automotive Intelligence Park Assist System Market is projected to touch a valuation of US$22.30 Billion by 2023, growing at 6.3% CAGR throughout the forecast period (2018-2023). At this pace, the opportunities in the worldwide Automotive Intelligence Park Assist System market are estimated to swell up with high valuation by the end of the year 2023. Top Impacting Factors: Automotive Intelligence Park Assist System The study signifies that a significant rise in the traffic flow has led to a substantial rise in the number of road accidents, which is influencing the global automotive intelligent park assist systems market remarkably. Also, with the rising concerns among people over safety and comfort across the globe, automobile manufacturers are encouraged to combine automotive intelligent park assist systems into the vehicles and resulting in a massive rise in the demand for automotive intelligent park assist systems worldwide. Furthermore, some more essential factors came into light while evaluating the market and its prospects, is that mounting uses of wide-angle camera technology in vehicles, rising trend of

2. vehicle electrification, and some government initiatives to reduce road accidents have also been responsible in shaping the future of the market. In fact, the growing demand for autonomous and semi-autonomous parking systems, improving the economy in emerging nations, and growing population are also providing enough opportunity of growth to this market so that it can gain more and more shares in the coming years. Top Market Contenders The global automotive intelligence park assist system market is highly consolidated as each of the regional markets is led by some of the best market contenders. Valeo (France), Siemens AG (Germany), ZF Friedrichshafen AG (Germany), Robert Bosch GmbH (Germany), Continental AG (Germany), Magna International (Canada), Delphi Automotive (Germany) Toshiba Corporation (Japan), HELLA GmbH & Co. KGaA (Germany), NXP Semiconductors (Netherlands), are some of the prominent names listed in MRFR’s study. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/ 7431 Regional Framework The region of North America, by the study, emerged as the leading regional market for automotive intelligence park assist systems back in 2016 and has a share of more than 32%. Researchers expect the scenario to remain similar in future timeframe. The uptake of advance automotive technology and the existence of global manufacturers in the U.S. will further boost this regional market substantially. Europe closely follows the region of North America with nearly the same market share. As Europe is known to the automotive hub, most of the advanced components find their invention centers located in European countries. With this, the level of acceptance towards advanced driver assistance systems is moderately higher in this region, which is giving the region a considerable boost to expand in the present time to witness a healthy valuation in the forecast period.

3. Segmentation of Market: Automotive Intelligence Park Assist System Depending on the technology segment, the market has been segregated into autonomous and semi-autonomous parking assist. Depending on the component segment, the market has been segregated into the camera, ultrasonic sensor, and Ultrasonic Sensor & Camera. Depending on the vehicle type, the market is segmented among the passenger car and commercial vehicle.    If you have any requirements, let know and we will customize the report according to your need. FOR MORE DETAILS –https://www.marketresearchfuture.com/reports/automotive- intelligence-park-assist-system-market-7431

4. Major Highlights of TOC Covers: Executive Summary Key Business Trends Regional Trends and Growth Product Trends End-use Trends Definition and Forecast Parameters Automotive intelligence park assist systems Market Segmentation        Continued… About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Automotive intelligence park assist systems, Automotive intelligence park assist systems Market, Automotive intelligence park assist systems Market Size, Automotive intelligence park assist systems Market Share, Automotive intelligence park assist systems Market Trends, Automotive intelligence park assist systems Market Report, Automotive intelligence park assist systems Market Analysis, Automotive intelligence park assist systems Market Demand