| Product Code: ETC8891381 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Portugal`s parking sensor import market saw significant growth in 2024, with Spain, Morocco, Germany, Poland, and Italy emerging as the top exporting countries. The market concentration, as measured by the HHI, reached very high levels, indicating a competitive landscape dominated by a few key players. The impressive CAGR of 8.6% from 2020 to 2024 highlights the increasing demand for parking sensors in Portugal. The remarkable growth rate of 44.28% from 2023 to 2024 suggests a surge in imports, signaling a lucrative opportunity for market players looking to capitalize on this growing market trend.
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 Portugal Parking Sensor Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Parking Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Parking Sensor Market - Industry Life Cycle |
3.4 Portugal Parking Sensor Market - Porter's Five Forces |
3.5 Portugal Parking Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Portugal Parking Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Portugal Parking Sensor Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Portugal Parking Sensor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Portugal Parking Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Parking Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart parking solutions to optimize parking space and reduce traffic congestion. |
4.2.2 Government regulations mandating the installation of parking sensors in public parking areas to enhance safety and efficiency. |
4.2.3 Growing adoption of advanced driver assistance systems (ADAS) in vehicles, which often include parking sensors as a standard feature. |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing parking sensor systems in both residential and commercial settings. |
4.3.2 Lack of standardized regulations and guidelines for parking sensor technologies, leading to compatibility issues and implementation challenges. |
5 Portugal Parking Sensor Market Trends |
6 Portugal Parking Sensor Market, By Types |
6.1 Portugal Parking Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Parking Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Portugal Parking Sensor Market Revenues & Volume, By Reverse Parking, 2021- 2031F |
6.1.4 Portugal Parking Sensor Market Revenues & Volume, By Front Parking, 2021- 2031F |
6.1.5 Portugal Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Portugal Parking Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Portugal Parking Sensor Market Revenues & Volume, By Ultrasonic Sensors, 2021- 2031F |
6.2.3 Portugal Parking Sensor Market Revenues & Volume, By Electromagnetic Sensors, 2021- 2031F |
6.2.4 Portugal Parking Sensor Market Revenues & Volume, By Infrared Sensors, 2021- 2031F |
6.2.5 Portugal Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Portugal Parking Sensor Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Portugal Parking Sensor Market Revenues & Volume, By Displays, 2021- 2031F |
6.3.3 Portugal Parking Sensor Market Revenues & Volume, By Control Modules, 2021- 2031F |
6.3.4 Portugal Parking Sensor Market Revenues & Volume, By Sensors, 2021- 2031F |
6.3.5 Portugal Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Portugal Parking Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Portugal Parking Sensor Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 Portugal Parking Sensor Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.5 Portugal Parking Sensor Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Portugal Parking Sensor Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.5.3 Portugal Parking Sensor Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.5.4 Portugal Parking Sensor Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
7 Portugal Parking Sensor Market Import-Export Trade Statistics |
7.1 Portugal Parking Sensor Market Export to Major Countries |
7.2 Portugal Parking Sensor Market Imports from Major Countries |
8 Portugal Parking Sensor Market Key Performance Indicators |
8.1 Average installation time for parking sensor systems in new parking lots. |
8.2 Percentage increase in the use of mobile parking apps integrated with sensor technology. |
8.3 Number of public-private partnerships for implementing smart parking solutions in major cities. |
9 Portugal Parking Sensor Market - Opportunity Assessment |
9.1 Portugal Parking Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Portugal Parking Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Portugal Parking Sensor Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Portugal Parking Sensor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Portugal Parking Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Parking Sensor Market - Competitive Landscape |
10.1 Portugal Parking Sensor Market Revenue Share, By Companies, 2024 |
10.2 Portugal 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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