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Global Parking Radar Sensor Market Research Report 2025
Synopsis
Some of the best aftermarket parking sensor kits use radar waves that bounce off nearby objects and then return to the sensors. The device analyzes these signals to create a 3D view of the vehicle and any objects in the proximity. The system then generates an alert as the vehicle moves closer to an obstacle.
Global Parking Radar Sensor market is projected to reach US$ 476.5 million in 2029, increasing from US$ 363 million in 2022, with the CAGR of 4.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Parking Radar Sensor market research.
The global parking radar sensor market refers to the market for radar-based sensors used in parking applications. Radar sensors are devices that use radio waves to detect and measure the distance, speed, and direction of objects in their vicinity. In the case of parking radar sensors, they are specifically designed for parking assistance systems to detect obstacles and provide information to the driver for safe parking. The market for parking radar sensors has been witnessing significant growth in recent years, primarily driven by the increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. Parking radar sensors play a crucial role in enhancing parking safety, efficiency, and convenience. Factors such as the rising number of vehicles on the road, increasing urbanization, and parking space constraints in cities are fueling the demand for parking radar sensors. These sensors help drivers in accurately estimate the distance between their vehicle and obstacles, thereby reducing the risks of collisions and accidents. Furthermore, government regulations mandating the inclusion of safety features in vehicles, as well as the growing consumer awareness regarding vehicle safety, are driving the adoption of parking radar sensors. Additionally, technological advancements such as the integration of radar sensors with other sensor technologies like cameras and ultrasonic sensors further enhance the capabilities of parking assistance systems. The global parking radar sensor market is also influenced by factors like the expanding electric vehicle market, which creates a need for smart parking solutions to support the charging infrastructure. Moreover, advancements in sensor technologies, such as the development of millimeter-wave radar sensors and the integration of artificial intelligence, are expected to further propel the growth of the market. In terms of regional analysis, North America and Europe have been the leading markets for parking radar sensors, owing to the high adoption of ADAS and strict safety regulations. However, emerging economies in Asia Pacific, such as China and India, are expected to witness significant growth in the market due to the increasing vehicle sales and infrastructure development.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Parking Radar Sensor market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Blickfeld
Anagog
INRIX
Zensors Inc
Toposens
Libelium
Cleverciti
ParkHub
ParkHere
Blue Mesh Solutions
Zolitron Technology
Urbiótica
PNI Sensor Corporation
Streetline
TICKEY
Segment by Type
Electromagnetic Sensors
Ultrasonic Sensors
Segment by Application
Passenger Vehicles
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Parking Radar Sensor report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Some of the best aftermarket parking sensor kits use radar waves that bounce off nearby objects and then return to the sensors. The device analyzes these signals to create a 3D view of the vehicle and any objects in the proximity. The system then generates an alert as the vehicle moves closer to an obstacle.
Global Parking Radar Sensor market is projected to reach US$ 476.5 million in 2029, increasing from US$ 363 million in 2022, with the CAGR of 4.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Parking Radar Sensor market research.
The global parking radar sensor market refers to the market for radar-based sensors used in parking applications. Radar sensors are devices that use radio waves to detect and measure the distance, speed, and direction of objects in their vicinity. In the case of parking radar sensors, they are specifically designed for parking assistance systems to detect obstacles and provide information to the driver for safe parking. The market for parking radar sensors has been witnessing significant growth in recent years, primarily driven by the increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. Parking radar sensors play a crucial role in enhancing parking safety, efficiency, and convenience. Factors such as the rising number of vehicles on the road, increasing urbanization, and parking space constraints in cities are fueling the demand for parking radar sensors. These sensors help drivers in accurately estimate the distance between their vehicle and obstacles, thereby reducing the risks of collisions and accidents. Furthermore, government regulations mandating the inclusion of safety features in vehicles, as well as the growing consumer awareness regarding vehicle safety, are driving the adoption of parking radar sensors. Additionally, technological advancements such as the integration of radar sensors with other sensor technologies like cameras and ultrasonic sensors further enhance the capabilities of parking assistance systems. The global parking radar sensor market is also influenced by factors like the expanding electric vehicle market, which creates a need for smart parking solutions to support the charging infrastructure. Moreover, advancements in sensor technologies, such as the development of millimeter-wave radar sensors and the integration of artificial intelligence, are expected to further propel the growth of the market. In terms of regional analysis, North America and Europe have been the leading markets for parking radar sensors, owing to the high adoption of ADAS and strict safety regulations. However, emerging economies in Asia Pacific, such as China and India, are expected to witness significant growth in the market due to the increasing vehicle sales and infrastructure development.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Parking Radar Sensor market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Blickfeld
Anagog
INRIX
Zensors Inc
Toposens
Libelium
Cleverciti
ParkHub
ParkHere
Blue Mesh Solutions
Zolitron Technology
Urbiótica
PNI Sensor Corporation
Streetline
TICKEY
Segment by Type
Electromagnetic Sensors
Ultrasonic Sensors
Segment by Application
Passenger Vehicles
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Parking Radar Sensor report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Parking Radar Sensor Market Overview
1.1 Product Definition
1.2 Parking Radar Sensor Segment by Type
1.2.1 Global Parking Radar Sensor Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Electromagnetic Sensors
1.2.3 Ultrasonic Sensors
1.3 Parking Radar Sensor Segment by Application
1.3.1 Global Parking Radar Sensor Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Passenger Vehicles
1.3.3 Commercial Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Parking Radar Sensor Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Parking Radar Sensor Production Estimates and Forecasts (2018-2029)
1.4.4 Global Parking Radar Sensor Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Parking Radar Sensor Production Market Share by Manufacturers (2018-2023)
2.2 Global Parking Radar Sensor Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Parking Radar Sensor, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Parking Radar Sensor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Parking Radar Sensor Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Parking Radar Sensor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Parking Radar Sensor, Product Offered and Application
2.8 Global Key Manufacturers of Parking Radar Sensor, Date of Enter into This Industry
2.9 Parking Radar Sensor Market Competitive Situation and Trends
2.9.1 Parking Radar Sensor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Parking Radar Sensor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Parking Radar Sensor Production by Region
3.1 Global Parking Radar Sensor Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Parking Radar Sensor Production Value by Region (2018-2029)
3.2.1 Global Parking Radar Sensor Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Parking Radar Sensor by Region (2024-2029)
3.3 Global Parking Radar Sensor Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Parking Radar Sensor Production by Region (2018-2029)
3.4.1 Global Parking Radar Sensor Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Parking Radar Sensor by Region (2024-2029)
3.5 Global Parking Radar Sensor Market Price Analysis by Region (2018-2023)
3.6 Global Parking Radar Sensor Production and Value, Year-over-Year Growth
3.6.1 North America Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Parking Radar Sensor Production Value Estimates and Forecasts (2018-2029)
4 Parking Radar Sensor Consumption by Region
4.1 Global Parking Radar Sensor Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Parking Radar Sensor Consumption by Region (2018-2029)
4.2.1 Global Parking Radar Sensor Consumption by Region (2018-2023)
4.2.2 Global Parking Radar Sensor Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Parking Radar Sensor Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Parking Radar Sensor Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Parking Radar Sensor Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Parking Radar Sensor Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Parking Radar Sensor Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Parking Radar Sensor Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Parking Radar Sensor Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Parking Radar Sensor Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Parking Radar Sensor Production by Type (2018-2029)
5.1.1 Global Parking Radar Sensor Production by Type (2018-2023)
5.1.2 Global Parking Radar Sensor Production by Type (2024-2029)
5.1.3 Global Parking Radar Sensor Production Market Share by Type (2018-2029)
5.2 Global Parking Radar Sensor Production Value by Type (2018-2029)
5.2.1 Global Parking Radar Sensor Production Value by Type (2018-2023)
5.2.2 Global Parking Radar Sensor Production Value by Type (2024-2029)
5.2.3 Global Parking Radar Sensor Production Value Market Share by Type (2018-2029)
5.3 Global Parking Radar Sensor Price by Type (2018-2029)
6 Segment by Application
6.1 Global Parking Radar Sensor Production by Application (2018-2029)
6.1.1 Global Parking Radar Sensor Production by Application (2018-2023)
6.1.2 Global Parking Radar Sensor Production by Application (2024-2029)
6.1.3 Global Parking Radar Sensor Production Market Share by Application (2018-2029)
6.2 Global Parking Radar Sensor Production Value by Application (2018-2029)
6.2.1 Global Parking Radar Sensor Production Value by Application (2018-2023)
6.2.2 Global Parking Radar Sensor Production Value by Application (2024-2029)
6.2.3 Global Parking Radar Sensor Production Value Market Share by Application (2018-2029)
6.3 Global Parking Radar Sensor Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Blickfeld
7.1.1 Blickfeld Parking Radar Sensor Corporation Information
7.1.2 Blickfeld Parking Radar Sensor Product Portfolio
7.1.3 Blickfeld Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Blickfeld Main Business and Markets Served
7.1.5 Blickfeld Recent Developments/Updates
7.2 Anagog
7.2.1 Anagog Parking Radar Sensor Corporation Information
7.2.2 Anagog Parking Radar Sensor Product Portfolio
7.2.3 Anagog Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Anagog Main Business and Markets Served
7.2.5 Anagog Recent Developments/Updates
7.3 INRIX
7.3.1 INRIX Parking Radar Sensor Corporation Information
7.3.2 INRIX Parking Radar Sensor Product Portfolio
7.3.3 INRIX Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.3.4 INRIX Main Business and Markets Served
7.3.5 INRIX Recent Developments/Updates
7.4 Zensors Inc
7.4.1 Zensors Inc Parking Radar Sensor Corporation Information
7.4.2 Zensors Inc Parking Radar Sensor Product Portfolio
7.4.3 Zensors Inc Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Zensors Inc Main Business and Markets Served
7.4.5 Zensors Inc Recent Developments/Updates
7.5 Toposens
7.5.1 Toposens Parking Radar Sensor Corporation Information
7.5.2 Toposens Parking Radar Sensor Product Portfolio
7.5.3 Toposens Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Toposens Main Business and Markets Served
7.5.5 Toposens Recent Developments/Updates
7.6 Libelium
7.6.1 Libelium Parking Radar Sensor Corporation Information
7.6.2 Libelium Parking Radar Sensor Product Portfolio
7.6.3 Libelium Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Libelium Main Business and Markets Served
7.6.5 Libelium Recent Developments/Updates
7.7 Cleverciti
7.7.1 Cleverciti Parking Radar Sensor Corporation Information
7.7.2 Cleverciti Parking Radar Sensor Product Portfolio
7.7.3 Cleverciti Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Cleverciti Main Business and Markets Served
7.7.5 Cleverciti Recent Developments/Updates
7.8 ParkHub
7.8.1 ParkHub Parking Radar Sensor Corporation Information
7.8.2 ParkHub Parking Radar Sensor Product Portfolio
7.8.3 ParkHub Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.8.4 ParkHub Main Business and Markets Served
7.7.5 ParkHub Recent Developments/Updates
7.9 ParkHere
7.9.1 ParkHere Parking Radar Sensor Corporation Information
7.9.2 ParkHere Parking Radar Sensor Product Portfolio
7.9.3 ParkHere Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.9.4 ParkHere Main Business and Markets Served
7.9.5 ParkHere Recent Developments/Updates
7.10 Blue Mesh Solutions
7.10.1 Blue Mesh Solutions Parking Radar Sensor Corporation Information
7.10.2 Blue Mesh Solutions Parking Radar Sensor Product Portfolio
7.10.3 Blue Mesh Solutions Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Blue Mesh Solutions Main Business and Markets Served
7.10.5 Blue Mesh Solutions Recent Developments/Updates
7.11 Zolitron Technology
7.11.1 Zolitron Technology Parking Radar Sensor Corporation Information
7.11.2 Zolitron Technology Parking Radar Sensor Product Portfolio
7.11.3 Zolitron Technology Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Zolitron Technology Main Business and Markets Served
7.11.5 Zolitron Technology Recent Developments/Updates
7.12 Urbiótica
7.12.1 Urbiótica Parking Radar Sensor Corporation Information
7.12.2 Urbiótica Parking Radar Sensor Product Portfolio
7.12.3 Urbiótica Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Urbiótica Main Business and Markets Served
7.12.5 Urbiótica Recent Developments/Updates
7.13 PNI Sensor Corporation
7.13.1 PNI Sensor Corporation Parking Radar Sensor Corporation Information
7.13.2 PNI Sensor Corporation Parking Radar Sensor Product Portfolio
7.13.3 PNI Sensor Corporation Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.13.4 PNI Sensor Corporation Main Business and Markets Served
7.13.5 PNI Sensor Corporation Recent Developments/Updates
7.14 Streetline
7.14.1 Streetline Parking Radar Sensor Corporation Information
7.14.2 Streetline Parking Radar Sensor Product Portfolio
7.14.3 Streetline Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Streetline Main Business and Markets Served
7.14.5 Streetline Recent Developments/Updates
7.15 TICKEY
7.15.1 TICKEY Parking Radar Sensor Corporation Information
7.15.2 TICKEY Parking Radar Sensor Product Portfolio
7.15.3 TICKEY Parking Radar Sensor Production, Value, Price and Gross Margin (2018-2023)
7.15.4 TICKEY Main Business and Markets Served
7.15.5 TICKEY Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Parking Radar Sensor Industry Chain Analysis
8.2 Parking Radar Sensor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Parking Radar Sensor Production Mode & Process
8.4 Parking Radar Sensor Sales and Marketing
8.4.1 Parking Radar Sensor Sales Channels
8.4.2 Parking Radar Sensor Distributors
8.5 Parking Radar Sensor Customers
9 Parking Radar Sensor Market Dynamics
9.1 Parking Radar Sensor Industry Trends
9.2 Parking Radar Sensor Market Drivers
9.3 Parking Radar Sensor Market Challenges
9.4 Parking Radar Sensor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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