Automotive Parking Radar Market to Witness a Pronounce Growth | Players:: Bosch, Denso, Fujitsu Ten, Continental, Autoliv, Delphi, ZF, Valeo, Hella
Parking Radars (or Parking Sensor) are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking Radar gives a more precise look to understand quickly about the obstacle in terms of distance and representation.
Reportsintellect.com offers a latest published report on “Global Automotive Parking Radar Analysis and Forecast 2019-2024” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains several pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Top Companies are cover This Report:- Bosch, Denso, Fujitsu Ten, Continental, Autoliv, Delphi, ZF, Valeo, Hella
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Reports intellect Research Report categorizes the global Automotive Parking Radar by top players/brands, region, type and end user. This report also studies the global Automotive Parking Radar status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report focuses on the Automotive Parking Radar in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 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.
According to this study, over the next five years the Automotive Parking Radar market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 6810 million by 2024, from US$ 4510 million in 2019.
Product Type Coverage:- Forward, Rear View
Product Application Coverage:- Passenger Vehicles, Commercial Vehicles
Major Region Market:-
Middle East & Africa
Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Automotive Parking Radar – Market Size
2.2 Automotive Parking Radar – Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Automotive Parking Radar – Market Size by Manufacturers
3.2 Automotive Parking Radar – Key Players Head office and Area Served
3.3 Key Players Automotive Parking Radar – Product/Solution/Service
3.4 Date of Enter into Automotive Parking Radar – Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Automotive Parking Radar – Sales by Product
4.2 Global Automotive Parking Radar – Revenue by Product
4.3 Automotive Parking Radar – Price by Product
5 Breakdown Data by End User
5.2 Global Automotive Parking Radar – Breakdown Data by End User
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- Current and future of Automotive Parking Radar outlook in the developed and emerging markets
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- The segment that is expected to dominate the Automotive Parking Radar
- Regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, Automotive Parking Radar – Market shares, and strategies employed by the major market players
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