New vehicles released in the market have a greater focus on safety and style. They come with bigger and stronger metal bodies at the cost of having smaller windows, thus compromising visibility. This reduced all-around visibility makes parking a challenge. Parking assist systems help mitigate this situation.
Parking assist systems help drivers park their vehicles in narrow spaces and reduced visibility, accurately and without hitting any obstacles. The various categories of parking assist systems are parking sensors, rear-facing cameras, 360-degree cameras, intelligent parking assist systems, and fully automated parking assist systems.
The passenger car smart parking market is projected to reach a market size of USD 5.25 Billion by 2021. This IP landscape report provides insights into patents addressing various parking assistance technologies and applications. It is restricted to patents that are currently in force and primarily cover in-car systems.
