SOURCE RESEARCH
Parking Assistance and Autonomous Valet Parking Systems
Report | 4Q 2024 | AN-5405
Get The ReportAutonomous Valet Parking (AVP) refers to the SAE L4 functionality where vehicles park and are summoned without the presence of a driver. In 2021, total AVP shipments were just 424 worldwide, indicating how young this technology still is. By 2030, the number of AVP system shipments is expected to climb to nearly 176,000 annually - that's a Compound Annual Growth Rate (CAGR) of 95.4% between 2021 and 2030.
To learn more about self-parking vehicles, download the report or read our blog post.
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