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According to a new country report published by Lucintel, the future of the automotive parking assistance system market in the United States looks promising with opportunities for SUVs and crossovers, large cars, and mid-size cars. The automotive parking assistance system market in the United States is primarily driven by increasing demand for assisted driving in constrained environments, and rising focus on safety and convenience, leading the OEMs to integrate the parking assistance systems into their vehicles.

This report studies factors affecting the automotive parking assistance system market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

By vehicle type, SUVs and crossovers, large cars, and mid-size cars are the major segments of the automotive parking assistance system market. The SUV and crossover segment is expected to show above average growth during the forecast period.

Emerging trends, which have a direct impact on the dynamics of the automotive parking assistance system industry, include the introduction of valet parking systems, adoption of LiDAR in parking assist systems, and the development of parking assistance systems for autonomous driving.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive parking assistance system market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Parking Assistance System Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive parking assistance system market in the United States by component type, vehicle type, and end user as follows:
 
Automotive Parking Assistance System Market by Component Type ($ Million and Thousand Units from 2014 to 2025)
• Camera
• Ultrasonic Sensors

Automotive Parking Assistance System Market by Vehicle Type ($ Million and Thousand Units from 2014 to 2025)
• SUVs and crossovers
• Large Cars
• Mid-size Cars
• Others

Automotive Parking Assistance System Market by End Use ($ Million and Thousand Units from 2014 to 2025)
• OEM
• Aftermarket

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-parking-assistance-system.aspx or write to us at helpdesk@lucintel.com

About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com