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(Transportation-News.com, December 20, 2016 ) Parking sensors are designed to alert the driver about obstacles while parking or reversing. The use of display along with parking sensor gives a more precise look to understand quickly about the obstacle in terms of distance and representation. As a result, the automotive industry is progressively witnessing the adoption of parking sensors.
Publisher's analysts forecast the global automotive parking sensors market to grow at a CAGR of 23.90% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-automotive-parking-sensors-market-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive parking sensors market for 2016-2020. To calculate the market size, the report considers the revenue of automotive parking sensors across all regions.
The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA
Publisher's report, Global Automotive Parking Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-Bosch
-DENSO
-Murata Manufacturing
-NXP Semiconductors
-Texas Instruments
-Valeo
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001462896/sample .
Other prominent vendors
-Black Cat Security
-Nippon Audiotronix
-Parking Dynamics
-Proxel
Market driver
-Legislation standards for backup camera to push adoption of parking sensors.
-For a full, detailed list, view our report
Market challenge
-High replacement cost associated with parking sensor system.
-For a full, detailed list, view our report
Market trend
-Adoption of LiDAR in parking assist system.
-For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001462896/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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