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Global Automotive Intelligence Park Assist System Market

Added: (Fri Jun 14 2019)

Pressbox (Press Release) - Global Automotive Intelligence Park Assist System Market is segmented by technology, component, vehicle type and region. Technology is segregated into autonomous parking assist, semiautonomous parking assist. Vehicle type is divided into passenger cars, commercial vehicles. The component is classified as an ultrasonic sensor, camera, ultrasonic sensor & camera. Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Parking assist systems help drivers easily park in crowded parking lots to avoid hanging and collisions. The parking assist system is an essential application of the car active collision avoidance system in low-speed and urban complex environments, and it is also an intelligent embodiment of the car active collision avoidance system. The emergence of parking assist systems has prepared parking easier and easier. The growth is from simple assistance to integrated automatic parking. Their drive is to assistance easily get in the crowded parking lot. The parking aid system detects the parking position over a camera mounted on the vehicle body, ultrasonic sensors, and infrared sensors, draws a parking map, and dynamically plans the parking path in real time, controlling the car or directly steering the steering wheel into the parking position.

Based on the technology, the semiautonomous parking assist segment is booming the market. The automotive intelligence park assist system used in this first supported the driver in finding a parking space by showing free spaces in a display placed on the upper centre console. After stopping the car and changing into reverse, the automotive intelligence park assist system controlled the steering. The driver manoeuvred the car by using the instructions of the system on the display regarding accelerating and breaking, while the system controlled the steering while parallel parking autonomously.

On the basis of the component, an ultrasonic sensor & camera segment has the largest share during the forecast period. Ultrasonic proximity detectors to measure the distances to nearby objects via sensors located in the front and rear bumper fascia’s or visually minimized within adjacent grills or recesses. As an ultrasonic system relies on the reflection of sound waves, the system may not detect flat objects or object insufficiently large to reflect sound which is a thin pole or a longitudinal object pointed directly at the vehicle or near an object.

In terms of region, North America emerged as the leading regional market for automotive intelligence park assist systems in 2017 with a share of more than 35%. Researchers expect the scenario to remain so in the upcoming future. The uptake of advanced automotive technology and the presence of global manufacturers in the U.S. will increase this regional market substantially. Europe closely follows North America with almost the same market share. As Europe is known to the automotive hub, most of the advanced components find their invention centres located in European countries. Also, the level of acceptance towards advanced driver assistance systems is fairly higher.

Key players in the automotive intelligence park assist system market include Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Delphi Automotive LLP, Siemens AG, Valeo, Magna International, HELLA GmbH & Co. KGaA, TOSHIBA CORPORATION, Clarion, NXP Semiconductors, Aisin World Corp. of America and others.

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Scope of the global automotive intelligence park assist system market

Global automotive intelligence park assist system market, by Technology

• Autonomous Parking Assist
• Semiautonomous Parking Assist
Global automotive intelligence park assist system market, by Component

• Ultrasonic Sensor
• Camera
• Ultrasonic Sensor & Camera
Global automotive intelligence park assist system market, by Vehicle type

• Passenger Car
• Commercial Vehicles
Global automotive intelligence park assist system market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Key players in the automotive intelligence park assist system market include

• Robert Bosch GmbH
• Continental AG
• ZF Friedrichshafen AG
• Delphi Automotive LLP
• Siemens AG
• Valeo, Magna International
• HELLA GmbH & Co. KGaA
• Clarion
• NXP Semiconductors

This Report Is Submitted By @Global Market Research Company


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