Press Release

Parking Sensors Market Outlook to 2027 – Analog Devices, Continental, Denso, Freescale Semiconductor, INRIX, Nedap, NXP Semiconductors, Parking Dynamics, Robert Bosch, Texas Instruments

Parking sensors, which can also be defined as proximity sensors are installed in vehicles for assisting the driver for convenient and safe car parking. Parking sensors helps the driver to ease their parking job by utilize the sound or display to identify collision with the nearby vehicle. These sensors can identify several obstacles other than nearby vehicle such as […]

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Parking Sensors Market Size, Trends,Share and Forecast 2023: Robert Bosch GmbH, Continental AG, NXP Semiconductors N.V., Freescale Semiconductor Ltd., Abbott Analog Devices Inc., Denso Corporation, BMW, Ford Motor Company

According to Research for Markets, the Global Parking Sensors Market is accounted for $5,363.4 million in 2016 and expected to grow at a CAGR of 24.2% to reach $24,467.2 million by 2023. Factors such as helping to prevent injury to pedestrians and adoption of LiDAR in parking assist system will drive the market growth. However, high replacement […]

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