| Product Code: ETC6403931 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Benin parking sensor market experienced a significant decline in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -48.73%. The year-on-year growth rate for 2023-2024 was -97.47%, indicating a sharp decrease in import volumes during that period. These data points suggest a notable downward trend in the import activity of parking sensors in Benin over the specified period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Parking Sensor Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Parking Sensor Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Parking Sensor Market - Industry Life Cycle |
3.4 Benin Parking Sensor Market - Porter's Five Forces |
3.5 Benin Parking Sensor Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Benin Parking Sensor Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.7 Benin Parking Sensor Market Revenues & Volume Share, By Component, 2022 & 2032F |
3.8 Benin Parking Sensor Market Revenues & Volume Share, By Sales Channel, 2022 & 2032F |
3.9 Benin Parking Sensor Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Benin Parking Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for parking spaces |
4.2.2 Rising disposable income of consumers in Benin |
4.2.3 Government regulations mandating the use of parking sensors for safety |
4.3 Market Restraints |
4.3.1 High initial cost of installing parking sensors |
4.3.2 Lack of awareness about the benefits of parking sensors among consumers |
4.3.3 Limited availability of skilled technicians for installation and maintenance |
5 Benin Parking Sensor Market Trends |
6 Benin Parking Sensor Market, By Types |
6.1 Benin Parking Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Parking Sensor Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Benin Parking Sensor Market Revenues & Volume, By Reverse Parking, 2022-2032F |
6.1.4 Benin Parking Sensor Market Revenues & Volume, By Front Parking, 2022-2032F |
6.1.5 Benin Parking Sensor Market Revenues & Volume, By Others, 2022-2032F |
6.2 Benin Parking Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Benin Parking Sensor Market Revenues & Volume, By Ultrasonic Sensors, 2022-2032F |
6.2.3 Benin Parking Sensor Market Revenues & Volume, By Electromagnetic Sensors, 2022-2032F |
6.2.4 Benin Parking Sensor Market Revenues & Volume, By Infrared Sensors, 2022-2032F |
6.2.5 Benin Parking Sensor Market Revenues & Volume, By Others, 2022-2032F |
6.3 Benin Parking Sensor Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Benin Parking Sensor Market Revenues & Volume, By Displays, 2022-2032F |
6.3.3 Benin Parking Sensor Market Revenues & Volume, By Control Modules, 2022-2032F |
6.3.4 Benin Parking Sensor Market Revenues & Volume, By Sensors, 2022-2032F |
6.3.5 Benin Parking Sensor Market Revenues & Volume, By Others, 2022-2032F |
6.4 Benin Parking Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Benin Parking Sensor Market Revenues & Volume, By OEM, 2022-2032F |
6.4.3 Benin Parking Sensor Market Revenues & Volume, By Aftermarket, 2022-2032F |
6.5 Benin Parking Sensor Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Benin Parking Sensor Market Revenues & Volume, By Passenger Cars, 2022-2032F |
6.5.3 Benin Parking Sensor Market Revenues & Volume, By Light Commercial Vehicles, 2022-2032F |
6.5.4 Benin Parking Sensor Market Revenues & Volume, By Heavy Commercial Vehicles, 2022-2032F |
7 Benin Parking Sensor Market Import-Export Trade Statistics |
7.1 Benin Parking Sensor Market Export to Major Countries |
7.2 Benin Parking Sensor Market Imports from Major Countries |
8 Benin Parking Sensor Market Key Performance Indicators |
8.1 Average time taken to install parking sensors in vehicles |
8.2 Percentage increase in the number of parking sensor installations annually |
8.3 Customer satisfaction ratings related to the performance of parking sensors |
9 Benin Parking Sensor Market - Opportunity Assessment |
9.1 Benin Parking Sensor Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Benin Parking Sensor Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.3 Benin Parking Sensor Market Opportunity Assessment, By Component, 2022 & 2032F |
9.4 Benin Parking Sensor Market Opportunity Assessment, By Sales Channel, 2022 & 2032F |
9.5 Benin Parking Sensor Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Benin Parking Sensor Market - Competitive Landscape |
10.1 Benin Parking Sensor Market Revenue Share, By Companies, 2025 |
10.2 Benin Parking Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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