Albany, New York, May 2, 2018: Presently, significant rise in traffic flow is causing a substantial increase in the intensity of road accidents; this fact is motivating the global market for automotive intelligent park assist systems on the global scale. To carefully understand the market scenario, Market Research Reports Search Engine (MRRSE) has actively issued new study titled “Automotive Intelligence Park Assist System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” to its vast online repository. This assessment offers a comprehensive viewpoint on the current & future growth estimates influenced by drivers, opportunities and restraints.
Base on key research findings, the global automotive intelligent park assist systems market acquired a revenue of US$22.30 bn in 2016. Looking at the current trends and opportunities prevailing in the particular sector, it is estimated that the target market would rise at a CAGR of 6.76% during the forecast period. Furthermore, the market revenue by the end of 2025 is projected to be US$38.53 bn. The study covers market attractiveness analysis, in which end-users are examined based on their growth rate, market size and general attractiveness.
Considering the geographic analysis, the prime regions studied in the report include North America, APAC, Latin America, Europe and MEA. According to research insights, North America emerged as a dominant market in 2016 and acquired almost 32% of the total market revenue share. It is estimates that this particular region is expected to retain its dominance during the period 2017-2025. Based on technology, the global automotive intelligent park assist systems market is divided into semiautonomous parking assist and autonomous parking assist. Analyzing the present-day market trends, the demand for semiautonomous parking assist technology is quite large, and is likely to continue in the coming years.
With the conclusion of the report, readers can gain information about the competitive landscape which primarily emphasizes on the major players operating in the global automotive intelligent park assist systems market. Some of the key players mentioned in the report are NXP Semiconductors, Valeo, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, TOSHIBA CORPORATION, ZF Friedrichshafen AG, Continental AG, Siemens AG, Aisin World Corp. of America, Magna International, Delphi Automotive LLP, Clarion, and others. Furthermore, Porter’s Five Forces model is also comprised in this report to get a precise view about the competitive intensity. This research report is a precious data source for new investors who are wishing to establish themselves in this promising market.
Browse Full Global Automotive Intelligence Park Assist System Market Report with TOC : https://www.mrrse.com/automotive-intelligence-park-assist-system-market
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