The global Memory Parking System market size is predicted to grow from US$ 876 million in 2025 to US$ 2320 million in 2031; it is expected to grow at a CAGR of 17.6% from 2025 to 2031.

The memory parking system is a low-speed autonomous driving control technology that relies on a combination of a series of complex sensors, high-precision maps and intelligent algorithms to achieve automated control of the vehicle parking process. The system learns the drivers parking route and operation, enabling the vehicle to automatically perform parking tasks, thereby greatly reducing the drivers psychological pressure and operational burden in complex parking environments.

United States market for Memory Parking System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Memory Parking System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Memory Parking System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Memory Parking System players cover Hyundai Mobis, Continental AG, Volkswagen Newsroom, Benz, Svauto, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information) newest research report, the Memory Parking System Industry Forecast looks at past sales and reviews total world Memory Parking System sales in 2024, providing a comprehensive analysis by region and market sector of projected Memory Parking System sales for 2025 through 2031. With Memory Parking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Memory Parking System industry.

This Insight Report provides a comprehensive analysis of the global Memory Parking System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Memory Parking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Memory Parking System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Memory Parking System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Memory Parking System.

This report presents a comprehensive overview, market shares, and growth opportunities of Memory Parking System market by product type, application, key players and key regions and countries.

Segmentation by Type:

    OEM
    Aftermarket

Segmentation by Application:

    Commercial Vehicles
    Passenger Vehicles

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    Hyundai Mobis
    Continental AG
    Volkswagen Newsroom
    Benz
    Svauto
    Ofilm
    Great Wall Motor
    Chery Automobile
    Valeo
    Telenav
    Baidu
    Holomatic
    Invo
    Xiaopeng Automotive
    Changan Automobile
    WM Motors