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Parking Sensors Market Research 2020-2025 Report by Emerging Trends, Application Scope, Size, Status

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Rahul Sharma
Parking Sensors Market Research 2020-2025 Report by Emerging Trends, Application Scope, Size, Status

This report is an analysis of the global parking sensors market. Also termed as proximity sensors, these have applications in automobiles to help the driver to park the vehicle safely. They have in-built Advanced Driver Assistance Systems (ADAS) that inform the driver of any hurdles and also help in the reduction of parking spaces along with the rising number of vehicles. A normal car observes changes in its dimensions, resulting in difficulties in parking that result in damages to the vehicle. Moreover, parking sensors provide safety and safeguard pedestrians from injuries. Since these can track other vehicles, children, fences, pillars, walls, etc. which is generally hidden from the view, the demand for parking sensors is expected to grow over the forecast period.

 

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The key driving factors responsible for the growth of Parking Sensors market :

 

As per the Department of Transportation (DoT), a significant number of accidents take place when the vehicle is put into the reverse gear. This can be reduced to a certain extent through parking sensors installed in the rear bumper bar. The sensors can also be colored to adhere to the aesthetic look of the vehicle. The integration of the parking sensors with a siren or internal buzzer whose frequency ultimately increases when the vehicle reaches near an object. The parking sensors can also be installed with an LCD display that shows the distance between the object and the automotive. This results in a timely warning to the driver and thus, prevents a future accident. Usually, two or four sensors are installed coupled with a control interface and an internal siren. Six or eight sensor systems can also be used for a better view, and these may be wireless or wired.

 

Technology Insights

Reverse and parking sensor technologies consist of electromagnetic and ultrasonic technologies. Ultrasonic technology is much older and it uses sound waves to calculate the distance between objects. Around four to six sensors are generally installed on the bumper using drill holes and need to be painted to coordinate with the color of the bumper. Further, the sensors deliver and receive ultrasonic signals, and track whatever that enters the signal. It is then transformed into an audible siren to deliver the information to the driver. One of the benefits of the technology is its characteristic to identify obstacles and objects during a stationary vehicle. However, these systems have fallouts like limited detection range. Additionally, ultrasonic parking sensors might be physically deep for installing in the bumper owing to the existence of the crash protection bar.

 

Electromagnetic technology provides numerous benefits, especially the absence of visible parts. These sensors prevent the requirement for drill holes thus, safeguarding the vehicle’s look. A transceiver adhesive strip is put with the length of the bumper’s interior. The control unit develops a magnetic field while the car is in the reverse gear, which is further placed onto the adhesive strip. Thus, the sensors help in identifying objects at the bumper’s side rather than directly behind the bumper.

 

The transceiver strip operates in a consolidated manner as compared to the ultrasonic technology that needs two types of sensors to receive and send signals. The control unit tracks the surge in voltage when an object like a person, vehicle, etc. enters the field. A range of audible tones then informs the driver about the obstacle helping him in taking an accurate decision. Moreover, these sensors can only detect objects in a moving vehicle. Electromagnetic parking sensors consist of a maintenance system and are self-diagnostic. This system provides them with timely feedback.

 

Installation Insights

Parking sensors can be installed through the original equipment manufacturer (OEM) or by the aftermarket services. Aftermarket installation is substantially cost-effective as against OEM installation. This is because the genuine sensors installed by OEMs are developed specially for the model of the under-construction vehicles. Moreover, the fitment and construction of OEM sensors are higher, therefore, are more long-lasting.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-parking-sensors-market

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