Parking Sensors Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Parking sensors Market Analysis, Market Size, Share,

Regional Outlook, Industry Trends, Competitive Strategies

And Segment Forecasts, 2012 To 2020

Industry Insights

Parking sensors are used in automobiles which assist the drivers to park the vehicle safely. The

developments in the automobile industry is not only restricted to the improvements in the engine and

car design, but they are extended to passenger and pedestrians safety. These factors led to the

introduction of the driver assistance systems which alerts the drivers from obstacles.

Increasing difficulty to park a vehicle without damaging in lesser parking spaces is expected to drive to

market demand over the forecast period. Changing car dimensions is expected to drive the market over

next six years. Additionally, parking sensors can boost safety and prevents accidents with pedestrians.

The sensors can detect various obstacles such as walls, children, pillars and fences, which is expected to

provide positive avenues to market demand over the next six years.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

As stated by the department of transportation, most of the car accidents occur while reversing. These

accidents can be decreased by installing sensors in the rear bumper bar of the car. Sensors are coupled

with siren/sound which makes alarm when a vehicle approaches an obstacle. Additionally, LCD is

installed in vehicle to determine the distance of the vehicle to the object where driver can be

automatically warned and prevent accident. Two to four sensors are used along with control interface

and internal siren. Six to eight sensors are used for better coverage and maybe wireless or wired in

future.

Technology Insight

Technologies include electromagnetic and ultrasonic. Ultrasonic technology is used to measure the...