India reverse parking alert system
market size is to continue witnessing growth during the forecast period due to
the rising consumer demand for advanced vehicle features and limited parking
space availability. Moreover, the rise in the number of accidents is also
bolstering the reverse parking alert system market growth in India. Based on
vehicle type, passenger cars are projected to account for majority of India reverse
parking alert system market during the forecast period. The growth of the segment
is due to increasing sales of passenger cars in the country and the growing
disposable income of the people in the country.
The reverse parking alert system
market in India is projected to witness a significant growth in the Northern
region of the country, owing to the increasing vehicle sales and rising demand
from the consumers to employ better safety systems. The western region of India
is expected to account for a good portion of India reverse parking alert system
market during the forecast period. Moreover, the demand for technologically
advanced vehicles among the consumers is anticipated to boost the market growth
in the country during the forecast period.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyse and forecast the market size of India reverse parking
alert system market, in terms of value and volume.
- To classify and forecast India reverse parking alert system
market based on vehicle type, component, technology, demand category and
regional distribution.
- To identify drivers and challenges for India reverse parking alert
system market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions etc. in India reverse parking alert
system market.
- To conduct the pricing analysis for India reverse parking alert
system market.
- To identify and analyse the profile of leading companies involved
in India reverse parking alert system market.
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Some of the major companies in India reverse
parking alert system market are Aptiv
PLC, Valeo S.A., Aisin Seiki Co. Ltd., Kapsch Trafficcom AG, Cubic Corporation,
Siemens AG, Robert Bosch GmbH, Continental AG etc.
TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of leading manufacturers across India.
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
manufacturers which could not be identified due to the limitations of secondary
research. TechSci Research analyzed the service offerings, distribution
channels and presence of all major players operating in India reverse parking
system market.
TechSci Research calculated the market size of India reverse
parking system market using a bottom-up approach, where data for
various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target
Audience:
- Reverse parking alert system
manufacturers and stakeholders
- Automotive OEMs
- Suppliers and dealers/distributors of automotive reverse
parking alert systems
- Research organizations and
consulting companies
- Market research firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers and
partners, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, India reverse parking alert system
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
- Market, by Component:
- Parking Sensors
- Steering Angle Sensors
- Electronic Control Unit (ECU)
- Display Unit
- Market, by Technology:
- Ultrasonic Sensor
- Radar Sensor
- Image Sensor
- Market, By Demand Category
- Market, By Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in India reverse parking alert system 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 companies (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
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 sales@techsciresearch.com