DUBLIN--(BUSINESS WIRE)--The "Global Automotive Intelligent Park Assist System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automotive intelligent park assist system market is expected to grow at a CAGR of 19.69% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is integration with other automotive technologies and systems. The automotive industry's efforts to accomplish the goal of zero road fatalities, combined with sufficing consumer safety demands and government regulations, are propelling the adoption of advanced safety and driver assistance systems.
According to the report, one driver in the market is increasing usage of rear-view cameras in vehicles. Present-day automobiles are considered as rolling computers with cameras, sensors, chips, and codes, which control the automobile components ranging from the engine to the in-vehicle entertainment. However, most automotive manufacturers still use reflective glasses for rear-view images as these are available as a cheaper option in the automotive aftermarket.
Further, the report states that one challenge in the market is high replacement cost of various components in IPAS. The global automotive IPAS market faces the challenge of high replacement costs. An automotive camera is an essential component of the proper functioning of the driver assistance and safety systems. It plays a crucial role as it provides a blur-free and crisp image of the blind spots and nearby surroundings of the vehicle.
- Robert Bosch
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
5. Market Landscape
6. Market Sizing
7. Five Forces Analysis
8. Market Segmentation by Technology
9. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/bpn62f/automotive?w=4