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Automated Parking Assist Will Drive Car OEM's Parking System Revenues to US$11 Billion in 2030 Press Release
Automated Parking Assist Will Drive Car OEM's Parking System Revenues to US$11 Billion in 2030

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According to ABI Research, a global tech market advisory firm, SAE L2 automated parking assist - enabling self-parking with the driver outside the vehicle but still in control remotely - will gain higher traction from 2026 and drive car OEM revenues for parking systems to reach US$11 billion in 2030. Meanwhile, the market opportunity for SAE L4 Autonomous Valet Parking (AVP) - allowing vehicles to park and be summoned without the presence of a driver - will remain subdued in the consumer segment until the end of this decade.

"Considered the easiest to accomplish L4 functionality, due to its low speed and constrained Operational Design Domain (ODD), AVP still has many challenges to overcome before achieving scale in the consumer market, including vehicle localization and environment sensing, regulation, and consensus concerning minimal infrastructure requirements. Therefore, OEMs are...


Over 62.5 Billion Apparel Digital Product Passports Will Be Issued in 2030, Transforming Compliance, Traceability, Sustainability, and Profitability in the Global Fashion Industry
Press Release
Over 62.5 Billion Apparel Digital Product Passports Will Be Issued in 2030, Transforming Compliance, Traceability, Sustainability, and Profitability in the Global Fashion Industry

The European Union is leading the way with Digital Product Passports (DPPs) to provide comprehensive product data across the value chain. High-impact sectors like batteries, vehicles, textiles,...


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From Data to Warmth: Paris Olympics 2024 Setting the Stage for Data Center and Sustainable Synergies to Build a Carbon-Forward Legacy
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CHARTS AND DATA Cold Chain Refrigerated Trucks Installed Base CHARTS AND DATA Satellite Communications Subscriptions in Southeast Asia CHARTS AND DATA POS Terminal Installed Base Market Share
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