Home » Automotive, Business, Manufacturing & Industry, News & Current Affairs » Automotive Park Assist Systems Market To Grow At A CAGR Of 11.76% By 2019: Radiant Insights, Inc.
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RadiantInsights.com includes new market research report on “Global Automotive Park Assist Systems Market Size, Share And Trends Report Up To 2019: Radiant Insights” to its huge collection of research reports.

Ever since the advent of electronics in automobiles, road safety has been a primary concern among consumers, governments and transport authorities, and automobile manufacturers. Vehicle, passenger, and pedestrian safety has gained attention, owing to a rise in the number of accidents worldwide and growing pressure from automotive regulatory bodies in countries such as the US, China, and India. This resulting in the commencing of driver assist systems, assuring enhanced safety compared to stand-alone passive safety and active safety systems. These driver assist systems are termed as life savior technology, as they help in reducing the severity of accidents, by warning the driver regarding the possible hazards and controlling the vehicle for some seconds in case of emergencies.

PAS have the capability to analyze and detect parking space, monitor the driver’s actions, and assist the driver in parking the vehicle. They help in protecting pedestrians and objects in the rear part of a vehicle by adjusting the parking angle and displaying the rear image on a display unit. These systems are enabled with ultrasonic sensors and cameras, which provide real-time information and assist the driver while parking the vehicle. 

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Covered in this report

The report covers the current scenario and the growth prospects of the global automotive PAS market for the period of 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of PAS by original equipment manufacturers (OEMs).

The report covers North America, Europe, APAC, and ROW; it also covers the landscape of the global automotive PAS market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions


• Europe

• North America


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Key vendors

• Bosch

• Continental

• Delphi Automotive

• Valeo

• ZF Friedrichshafen 

Other prominent vendors

• Denso

• Ficosa International

• Ford Motor

• Magna International

• Mando

• Renault Group

• Toyota 

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Website: http://www.radiantinsights.com/research/global-automotive-park-assist-systems-market-2015-2019

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