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Bosch introduces smart parking solutions

One of the biggest worries for motorists, especially when in a hurry, is finding parking space. Most motorists go through the grind of cruising along roads, searching for an empty space to park the car.

German technology giant Bosch has a solution. “The mobility of the future starts today – with smart parking,” says Dr. Dirk Hoheisel, member of the board of management of Robert Bosch GmbH. The company is tapping a whole new market by offering parking technologies and services.

Bosch is simplifying the search for parking spaces and is gradually automating the parking process. Potential customers for Bosch parking solutions include vehicle manufacturers and parking garage operators as well as cities and communities around the globe.

The company has already made major achievements in this area, especially with its systems for automated parking and driving. “In 2016, our sales in driver assistance will exceed one billion euros,” says Hoheisel. Worldwide, almost 2,500 Bosch engineers – some 500 more than last year – are working to further develop driver assistance systems and automated driving.

As part of the move toward fully automated parking, over the next few years Bosch plans to launch a host of parking assistance systems. These systems help driver’s park accident-free, or even completely guide them into a space at the touch of a button.

In Germany, parking assistance systems are the most common assistants in today’s cars. According to a Bosch evaluation of the 2014 vehicle registration statistics, of the nearly three million cars that were registered that year, half of them feature just such a system.