Automotive Intelligent Park Assist Systems Market Size and Forecast 2028

Summary

Report Description

Global automotive intelligent parking assist systems market is projected to reach USD 30 Billion by 2028, growing at a CAGR of over 6% during 2024-2028. Growing concerns because of increasing vehicle fleet and limited parking areas is driving the global intelligent parking assist systems market. The major challenge for intelligent parking assist system is the high cost of installation which is hampering its growth in the market.

Global automotive intelligent parking assist systems market is segmented based on vehicle, sensor, technology and region. Based on technology type, the market has been categorised into autonomous parking assist and semi-autonomous parking assist. Analysing the present-day market trends, the demand for semi-autonomous parking assist technology is quite large and the segment is expected to dominance until 2028.

Regionally, North America is estimated to be the largest market for global automotive intelligent parking assist systems, United States is one of the major automobile producers, globally. Moreover, North America has strict vehicle safety rules which is further expected boost the market for automotive intelligent parking assist systems market through 2028.

Some of the leading players in the global automotive intelligent parking assist systems market are NXP Semiconductors, Valeo, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, Toshiba Corporation, ZF Friedrichshafen AG, Continental AG, Siemens AG, Aisin World Corp. of America, Magna International, Delphi Automotive LLP, Clarion.

Objective of the Study:

To analyse and forecast the market size of Automotive Intelligent Parking Assist Systems Market, in terms of value and volume
To classify and forecast Global Automotive Intelligent Parking Assist Systems Market based on vehicle type, sensor technology, technology type and regional distribution.
To identify drivers and challenges for Global Automotive Intelligent Parking Assist Systems Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Intelligent Parking Assist Systems Market.
To identify and analyse the profile of leading players involved in the manufacturing of Automotive Intelligent Parking Assist Systems.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Automotive Intelligent Parking Assist Systems Market using a bottom-up approach, where data for various OEM’s and its application across vehicle types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Manufacturers of Automotive Intelligent Parking Assist Systems
Automotive OEMs
Traders, Distributors, and Suppliers
Industry associations and experts
Research organizations and consulting companies.
Research Institutes
Industry associations
Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2022
Historical Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Vehicle Type · Sensor · Technology
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia;
Key companies profiled	NXP Semiconductors, Valeo, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, Toshiba Corporation, ZF Friedrichshafen AG, Continental AG, Siemens AG, Aisin World Corp. of America, Magna International, Delphi Automotive LLP, Clarion.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Automotive Intelligent Parking Assist Systems Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Automotive Intelligent Parking Assist Systems Market, By Vehicle Type:

Passenger Cars
Commercial Vehicles

Global Automotive Intelligent Parking Assist Systems Market, By Sensor:

Ultrasonic Sensor
Camera
Ultrasonic Sensor & Camera

Global Automotive Intelligent Parking Assist Systems Market, By Technology:

Autonomous Intelligent Parking Assist
Semi-Autonomous Intelligent Parking Assist

Global Automotive Intelligent Parking Assist Systems Market, by Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East and Africa

South Africa
Saudi Arabia
UAE
Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Intelligent Parking Assist Systems Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Automotive Intelligent Parking Assist Systems Market

4. Executive Summary

5. Voice of Customer

5.1. Product Awareness

5.2. Brand Awareness

5.3. Brand Recall

5.4. Product Pricing

5.5. Challenges & Unmet Needs

6. Global Automotive Intelligent Parking Assist Systems Market Overview

7. Global Automotive Intelligent Parking Assist Systems Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type (Passenger Cars and Commercial Vehicles)

7.2.2. By Sensor Type (Ultrasonic Sensor, Camera and Ultrasonic Sensor & Camera)

7.2.3. By Technology (Autonomous Intelligent Parking Assist and Semi-Autonomous Intelligent Parking Assist)

7.2.4. By Company (2022)

7.2.5. By Region

7.3. Market Attractiveness Index

8. Asia-Pacific Automotive Intelligent Parking Assist Systems Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By Technology

8.2.3. By Country

8.3. Market Attractiveness Index

8.4. Asia-Pacific: Country Analysis

8.4.1. China Automotive Intelligent Parking Assist Systems Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Vehicle Type

8.4.1.3. Market Attractiveness Index

8.4.2. India Automotive Intelligent Parking Assist Systems Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Vehicle Type

8.4.2.3. Market Attractiveness Index

8.4.3. Japan Automotive Intelligent Parking Assist Systems Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Vehicle Type

8.4.3.3. Market Attractiveness Index

8.4.4. South Korea Automotive Intelligent Parking Assist Systems Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Vehicle Type

8.4.4.3. Market Attractiveness Index

8.4.5. Australia Automotive Intelligent Parking Assist Systems Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Vehicle Type

8.4.5.3. Market Attractiveness Index

8.4.6. Singapore Automotive Intelligent Parking Assist Systems Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Vehicle Type

8.4.6.3. Market Attractiveness Index

8.4.7. Malaysia Automotive Intelligent Parking Assist Systems Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Vehicle Type

8.4.7.3. Market Attractiveness Index

9. Europe & CIS Automotive Intelligent Parking Assist Systems Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Technology

9.2.3. By Country

9.3. Market Attractiveness Index

9.4. Europe: Country Analysis

9.4.1. France Automotive Intelligent Parking Assist Systems Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Vehicle Type

9.4.1.3. Market Attractiveness Index

9.4.2. Germany Automotive Intelligent Parking Assist Systems Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Vehicle Type

9.4.2.3. Market Attractiveness Index

9.4.3. United Kingdom Automotive Intelligent Parking Assist Systems Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Vehicle Type

9.4.3.3. Market Attractiveness Index

9.4.4. Italy Automotive Intelligent Parking Assist Systems Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value & Volume

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Vehicle Type

9.4.4.3. Market Attractiveness Index

9.4.5. Spain Automotive Intelligent Parking Assist Systems Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value & Volume

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Vehicle Type

9.4.5.3. Market Attractiveness Index

10. North America Automotive Intelligent Parking Assist Systems Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Vehicle Type

10.2.2. By Technology

10.2.3. By Country

10.3. Market Attractiveness Index

10.4. North America: Country Analysis

10.4.1. United States Automotive Intelligent Parking Assist Systems Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Vehicle Type

10.4.1.3. Market Attractiveness Index

10.4.2. Mexico Automotive Intelligent Parking Assist Systems Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Vehicle Type

10.4.2.3. Market Attractiveness Index

10.4.3. Canada Automotive Intelligent Parking Assist Systems Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Vehicle Type

10.4.3.3. Market Attractiveness Index

11. South America Automotive Intelligent Parking Assist Systems Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Vehicle Type

11.2.2. By Technology

11.2.3. By Country

11.3. Market Attractiveness Index

11.3.1. Brazil Automotive Intelligent Parking Assist Systems Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value & Volume

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Vehicle Type

11.3.1.3. Market Attractiveness Index

11.3.2. Argentina Automotive Intelligent Parking Assist Systems Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value & Volume

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Vehicle Type

11.3.2.3. Market Attractiveness Index

11.3.3. Colombia Automotive Intelligent Parking Assist Systems Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value & Volume

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Vehicle Type

11.3.3.3. Market Attractiveness Index

12. Middle East and Africa Automotive Intelligent Parking Assist Systems Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Vehicle Type

12.2.2. By Technology

12.2.3. By Country

12.3. Market Attractiveness Index

12.4. MEA: Country Analysis

12.4.1. South Africa Automotive Intelligent Parking Assist Systems Market Outlook

12.4.1.1. Market Size & Forecast

12.4.1.1.1. By Value & Volume

12.4.1.2. Market Share & Forecast

12.4.1.2.1. By Vehicle Type

12.4.1.3. Market Attractiveness Index

12.4.2. Saudi Arabia Automotive Intelligent Parking Assist Systems Market Outlook

12.4.2.1. Market Size & Forecast

12.4.2.1.1. By Value & Volume

12.4.2.2. Market Share & Forecast

12.4.2.2.1. By Vehicle Type

12.4.2.3. Market Attractiveness Index

12.4.3. UAE Automotive Intelligent Parking Assist Systems Market Outlook

12.4.3.1. Market Size & Forecast

12.4.3.1.1. By Value & Volume

12.4.3.2. Market Share & Forecast

12.4.3.2.1. By Vehicle Type

12.4.3.3. Market Attractiveness Index

12.4.4. Qatar Automotive Intelligent Parking Assist Systems Market Outlook

12.4.4.1. Market Size & Forecast

12.4.4.1.1. By Value & Volume

12.4.4.2. Market Share & Forecast

12.4.4.2.1. By Vehicle Type

12.4.4.3. Market Attractiveness Index

13. Supply Chain Analysis

14. Market Dynamics

14.1. Drivers

14.2. Challenges

15. Market Trends & Developments

16. Policy & Regulatory Landscape

17. Competitive Landscape

17.1. Competition Outlook

17.2. Company Profiles (Top 10 Companies)

17.2.1. NXP Semiconductors

17.2.2. Valeo

17.2.3. Robert Bosch Gmbh

17.2.4. HELLA Gmbh & Co. KGaA.

17.2.5. Toshiba Corporation

17.2.6. ZF Friedrichshafen AG

17.2.7. Continental AG

17.2.8. Siemens AG

17.2.9. Aisin World Corp. of America

17.2.10. Magna International

Strategic Recommendation

Figures and Tables

Frequently asked questions

What are the factors driving the growth of global automotive intelligent parking assist systems market?

Increasing vehicle sales, growing vehicle fleet, demand for connected cars and growing safety concerns, drives the global automotive intelligent park assist systems market during forecast period.

What are the major segments in global automotive intelligent parking assist systems market?

Global automotive intelligent parking assist systems market is segmented based on vehicle, sensor, technology and region.

Which segment is expected to hold the largest share in global automotive intelligent parking assist systems market during forecast period?

Based on technology, semi-autonomous parking assist technology is expected to hold the largest share in global automotive intelligent parking assist systems market.

Who are the key players operating in global automotive intelligent parking assist systems market?

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