DUBLIN, Dec. 21, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/9k4pgw/global_automotive) has announced the addition of the "Global Automotive Park Assist Systems Market 2015-2019" report to their offering.
The report forecasts the global automotive PAS market to grow at a CAGR of 11.76% over the period 2014-2019.
Presently, the automotive industry is focusing on the trend of integrating various systems that are beyond car maneuvering. The amount of sensors mounted in the present day automobiles are used to collect the information of the surrounding environment, traffic congestion, and the available parking spots, which can be shared with other drivers to make the roads traffic free and safer.
According to the report, parallel parking of an automobile is considered a misery by many drivers. Even the experienced drivers tend to avoid parallel parking until, and unless, no other parking, i.e. angle or perpendicular parking, is available. With the amount of limited parking spaces in urban areas, parking a vehicle in a tiny space is a difficult task and it may lead to traffic jams.
Further, the report states that though automotive PAS offers various benefits to drivers and offers protection to the pedestrians and the vehicle, there is still the chances of malfunction, which may result in the failure of the system and may cause accidents.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the Key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Delphi Automotive
- ZF Friedrichshafen
Other prominent vendors:
- Ficosa International
- Ford Motor
- Magna International
- Renault Group
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global automotive PAS market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/9k4pgw/global_automotive
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets