RADAR, an acronym for Radio Detection and Ranging, is an electronic equipment used for tracking an object. Automotive RADAR is a system, which detects objects within its radius using radio waves to determine the spread area, angle, and speed. It was initially developed for the defense & military purpose, but is used in automobiles due to the ongoing technological innovations. Automotive radar devices are installed in passenger vehicles in the form of radar sensors for providing information such as range, angle, and Doppler velocity. This information from sensors helps drivers to avoid collision. The major trends in automotive radar market include higher focus on safety with the inclusion of 360 degrees vehicles surveillance, object identification, rear-end crash avoidance, and CAR2X (car 2 car and car 2 infrastructure communication).
The global automotive RADAR market is driven by rise in government rules & regulations for vehicle safety and increase in adoption of advance driver assistance system (ADAS) technology by original equipment manufacturers (OEMs). Moreover, rise in the number of radar sensors used per vehicle boosts the market growth. However, regulations on the use of radar detectors in some countries and surge in the overall cost of the vehicles hinder the market growth. Furthermore, rise in interest & funding toward autonomous cars and low penetration in the developing markets is expected to propel the market in the near future.
The market is segmented based on range and application. On the basis of range, it is bifurcated into long range radar and short & medium range radar. Based on application, it is classified into Autonomous Cruise Control (ACC), Autonomous Emergency Braking (AEB), Forward Collision Warning System (FCWS), Blind Spot Detection (BSD), and Intelligent Parking Assistance System (IPA). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Robert Bosch GmbH (Germany), HELLA KGaA (Germany), Continental AG (Germany), Infineon Technologies AG (Germany), NXP Semiconductors, (The Netherlands), Denso Corporation (Japan), Delphi Automotive PLC. (U.K.), Autoliv Inc. (Sweden), Valeo S.A. (France), and Texas Instruments, Inc.
- This report provides an extensive analysis of the current & emerging market trends and dynamics in the global automotive RADAR market.
- In-depth analysis is provided to construct estimations for the key market segments from 2017 to 2023.
- The report provides the quantitative analysis of the current trends and future estimations, which assists to identify the prevailing market opportunities.
- Competitive intelligence of the industry helps to understand the competitive scenario across the geographies.
Automotive RADAR Market Key Segments
- Long Range RADAR
- Short Range RADAR
- Medium Range RADAR
- Intelligent Parking Assistance
- North America
- Rest of Asia-Pacific
- Rest of Europe
- Latin America
- Middle East
Key Players in the Value Chain
- Robert Bosch GmbH
- HELLA KGaA
- Continental AG
- Infineon Technologies AG
- NXP Semiconductors
- Denso Corporation
- Delphi Automotive PLC.
- Autoliv Inc.
- Valeo S.A.
- Texas Instruments, Inc.