Global Parking Sensors Market Size & Outlook, 2023-2030
The global parking sensors market size was estimated at USD 10,258.2 million in 2023 and is projected to reach USD 27,000.2 million by 2030, growing at a CAGR of 14.8% from 2024 to 2030.
Revenue, 2023 (US$M)
$10,258.2
Forecast, 2030 (US$M)
$27,000.2
CAGR, 2024 - 2030
14.8%
Report Coverage
Worldwide
Global parking sensors market, 2018-2030 (US$M)
Global parking sensors market highlights
- The global parking sensors market generated a revenue of USD 10,258.2 million in 2023 and is expected to reach USD 27,000.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.8% by 2030.
- In terms of segment, ultrasonic accounted for a revenue of USD 10,258.2 million in 2023.
- Ultrasonic is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 10,258.2 million |
| Market revenue in 2030 | USD 27,000.2 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasonic |
| Fastest growing segment | Ultrasonic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ultrasonic |
Other key industry trends
- In terms of revenue, the North America accounted for 38.7% of the global parking sensors market in 2023.
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Parking Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| RXO Inc | View profile | 8432 | 11215 North Community House Road, Charlotte, NC, United States, 28277 | https://www.rxo.com |
| Ryder Systems | View profile | 11-50 | Nelson, Lancashire, United Kingdom, Europe | https://www.rydersystems.com |
| Lineage Logistics | View profile | 10001+ | Novi, Michigan, United States, North America | http://www.lineagelogistics.com |
| Americold Realty Trust Inc | View profile | 14706 | 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, United States, 30328 | https://www.americold.com |
| Newcold | View profile | 1001-5000 | Breda, Noord-Brabant, The Netherlands, Europe | https://www.newcold.com/ |
| Nippon Express Holdings Inc | View profile | 85442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
| Deutsche Bank AG | View profile | 90130 | Taunusanlage 12, Frankfurt am Main, HE, Germany, 60325 | https://www.db.com |
| Kuehne + Nagel International AG | View profile | 93064 | Dorfstrasse 50, P.O. Box 67, Schindellegi, Switzerland, CH-8834 | http://www.kuehne-nagel.com |
| C.H. Robinson Worldwide Inc | View profile | 15246 | 14701 Charlson Road, Eden Prairie, MN, United States, 55347-5088 | https://www.chrobinson.com |
| XPO Inc | View profile | 39000 | Five American Lane, Greenwich, CT, United States, 06831 | https://www.xpo.com |
| FedEx Corp | View profile | 787400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | https://www.fedex.com |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
Global parking sensors market size, by regions, 2018-2030 (US$M)
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