Semiconductors & Electronics Industry Parking sensors Market Research | Page 2

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Hexa Research observed that North America, with more than 38% share, was a leading region in the global
parking sensors market in 2012. The region is expected to continue its leadership in future owing to
regulatory initiatives. European region will generate demand for parking sensors in future due to rising sales
of top-end vehicles that are fitted with high-quality parking sensors. Asia Pacific is likely to account for the
fastest rise in future and will grow at a CAGR of 20% from 2013 to 2020.
Key market operators in the global parking sensors industry are Texas Instruments, Inc., Audi, Freescale
Semiconductor Ltd., Continental AG, Volkswagen, etc. The market includes both, manufacturers of parking
sensors and OEMs.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/sensors-
and-controls-industry
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