Parking assist system with annotated map generation

A driver assistance system of a vehicle, said driver assistance system comprising:

• a plurality of cameras disposed at a vehicle equipped with said driver assistance system and having respective fields of view exterior of the equipped vehicle;
• an image data processor operable to process image data captured by said cameras;
• map data derived at least in part from a navigational system of the equipped vehicle, wherein the map data comprises data that is at least one of (i) stored in memory of the equipped vehicle, (ii) downloaded to the equipped vehicle from a remote map data source and (iii) generated by a GPS system of the equipped vehicle;
• a display device operable to display a master map derived from the map data for viewing by a driver of the equipped vehicle executing a parking maneuver of the equipped vehicle;
• wherein, when the driver of the equipped vehicle is executing the parking maneuver of the equipped vehicle, said image data processor receives image data captured by said cameras that is representative of a scene exterior the equipped vehicle;
• wherein, responsive to processing of said image data by said image data processor, said system determines a parking space existing in the scene exterior the equipped vehicle and generates an indication label for the determined parking space existing in the scene exterior the equipped vehicle;
• wherein, responsive to determination of the parking space existing in the scene exterior the equipped vehicle, said image data processor uses said image data and said map data to annotate the master map of the scene exterior the equipped vehicle being displayed by said display device and said system adds the generated indication label to the displayed master map to indicate the determined parking space existing in the scene exterior the equipped vehicle;
• and
• wherein, while the driver is executing the parking maneuver of the equipped vehicle, said display device displays the annotated master map for viewing by the driver of the equipped vehicle who is executing the parking maneuver of the equipped vehicle.