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.
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