| Product Code: ETC6901421 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus saw a significant increase in parking sensor import shipments, with top exporting countries being Germany, Italy, Greece, UK, and Metropolitan France. The market remained competitive, with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 13.3%, showcasing a thriving market. Moreover, the growth rate from 2023 to 2024 was a promising 10.79%, indicating a positive trend in the demand for parking sensors in Cyprus.

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 Cyprus Parking Sensor Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Parking Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Parking Sensor Market - Industry Life Cycle |
3.4 Cyprus Parking Sensor Market - Porter's Five Forces |
3.5 Cyprus Parking Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Parking Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Cyprus Parking Sensor Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Cyprus Parking Sensor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Cyprus Parking Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Parking Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Parking Sensor Market Trends |
6 Cyprus Parking Sensor Market, By Types |
6.1 Cyprus Parking Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Parking Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Parking Sensor Market Revenues & Volume, By Reverse Parking, 2021- 2031F |
6.1.4 Cyprus Parking Sensor Market Revenues & Volume, By Front Parking, 2021- 2031F |
6.1.5 Cyprus Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cyprus Parking Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Parking Sensor Market Revenues & Volume, By Ultrasonic Sensors, 2021- 2031F |
6.2.3 Cyprus Parking Sensor Market Revenues & Volume, By Electromagnetic Sensors, 2021- 2031F |
6.2.4 Cyprus Parking Sensor Market Revenues & Volume, By Infrared Sensors, 2021- 2031F |
6.2.5 Cyprus Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cyprus Parking Sensor Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Parking Sensor Market Revenues & Volume, By Displays, 2021- 2031F |
6.3.3 Cyprus Parking Sensor Market Revenues & Volume, By Control Modules, 2021- 2031F |
6.3.4 Cyprus Parking Sensor Market Revenues & Volume, By Sensors, 2021- 2031F |
6.3.5 Cyprus Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cyprus Parking Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Parking Sensor Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 Cyprus Parking Sensor Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.5 Cyprus Parking Sensor Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Parking Sensor Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.5.3 Cyprus Parking Sensor Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.5.4 Cyprus Parking Sensor Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
7 Cyprus Parking Sensor Market Import-Export Trade Statistics |
7.1 Cyprus Parking Sensor Market Export to Major Countries |
7.2 Cyprus Parking Sensor Market Imports from Major Countries |
8 Cyprus Parking Sensor Market Key Performance Indicators |
9 Cyprus Parking Sensor Market - Opportunity Assessment |
9.1 Cyprus Parking Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Parking Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Cyprus Parking Sensor Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Cyprus Parking Sensor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Cyprus Parking Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Parking Sensor Market - Competitive Landscape |
10.1 Cyprus Parking Sensor Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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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