The Parking Sensor market is a subset of the Automotive Safety industry, focused on the development of sensors and systems that detect obstacles and alert drivers when parking. These sensors are typically mounted on the front and rear bumpers of a vehicle, and use ultrasonic, radar, or camera-based technology to detect objects in the vicinity. The sensors can be used to detect objects in the blind spot, alert drivers to potential collisions, and provide audible and visual warnings when parking. The Parking Sensor market is driven by the increasing demand for safety features in vehicles, as well as the need for improved parking accuracy. The market is expected to grow in the coming years, as more automakers incorporate these sensors into their vehicles. Notable companies in the Parking Sensor market include Bosch, Continental, Denso, Delphi, and Valeo. Show Less Read more
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