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DATE
OCT 2022
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Global Autonomous Parking Market to Reach $15.7 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Autonomous Parking estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$15.7 Billion by 2027, growing at a CAGR of 20.7% over the analysis period 2020-2027. Sensor Technology, one of the segments analyzed in the report, is projected to record a 20.5% CAGR and reach US$12.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mobile Technology segment is readjusted to a revised 22% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 20.3% CAGR
The Autonomous Parking market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 20.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.5% and 17.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.Other Types Segment to Record 20.3% CAGR
In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$256.7 Million in the year 2020 will reach a projected size of US$931.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
SELECT PLAYERS
Aisin Seiki Co., Ltd.; Continental Automotive GmbH; Delphi Technologies; HELLA GmbH & Co. KGaA; Magna International, Inc.; Robert Bosch GmbH; Valeo SA; VOXX Electronics Corporation; ZF Friedrichshafen AG
SEGMENTS
» Type (Sensor Technology, Mobile Technology, Other Types) » End-Use (Passenger Cars, Commercial Vehicles)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Autonomous Parking – Global Key Competitors Percentage Market Share in 2022 (E) |
| Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Recent Past, Current & Future Analysis for Autonomous Parking by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Autonomous Parking by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027 |
| World Recent Past, Current & Future Analysis for Sensor Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Sensor Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
| World Recent Past, Current & Future Analysis for Mobile Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Mobile Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
| World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
| World Autonomous Parking Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027 |
| World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
| World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) |
| USA Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| USA Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| CANADA |
| Canada Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Canada Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| JAPAN |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) |
| Japan Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Japan Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| CHINA |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) |
| China Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| China Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| EUROPE |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) |
| Europe Recent Past, Current & Future Analysis for Autonomous Parking by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Autonomous Parking by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027 |
| Europe Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Europe Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| FRANCE |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) |
| France Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| France Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| GERMANY |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) |
| Germany Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Germany Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| ITALY |
| Italy Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Italy Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| UNITED KINGDOM |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) |
| UK Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| UK Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| REST OF EUROPE |
| Rest of Europe Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Rest of Europe Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| ASIA-PACIFIC |
| Autonomous Parking Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E) |
| Asia-Pacific Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Asia-Pacific Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| REST OF WORLD |
| Rest of World Recent Past, Current & Future Analysis for Autonomous Parking by Type - Sensor Technology, Mobile Technology and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Autonomous Parking by Type - Percentage Breakdown of Value Sales for Sensor Technology, Mobile Technology and Other Types for the Years 2021 & 2027 |
| Rest of World Recent Past, Current & Future Analysis for Autonomous Parking by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Autonomous Parking by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2021 & 2027 |
| IV. COMPETITION |
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