RADAR Sensor Market By Type (Imaging RADAR and Non-Imaging Radar), By Range (Short-Range RADAR Sensors, Medium-Range RADAR Sensors, and Long-Range RADAR Sensors), and By End User (Automotive, Security & Surveillance, Industrial, Environment & Weather Monitoring, Traffic Monitoring, and Other End Users): Global Opportunity Analysis and Industry Forecast, 2020-2027
|
A06156
|
Pages: NA
|
Jul 2020 |
155 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the RADAR Sensor Market
Request Now !RADAR Sensor Market Outlook – 2027
The global RADAR sensor market is expected to witness significant growth, and will grow considerably over the next few years. A RADAR sensor is an electronic device that senses the position and velocity of an object. The RADAR sensors are often used in automobiles. They detect electromagnetic emissions using super heterodyne receiver and send notifications to the person in the vehicles when transmission is detected. Currently, GPS technology incorporated into the sensors guides the passenger to reach a destination. Moreover, RADAR sensors are capable of detecting motion, distance and range of arrival, speed, and direction of movement. RADAR sensors are not limited by adverse weather conditions such as rains, dust, and fog.
The global RADAR sensor market is segmented on the basis of type, range, end user, and region. Based on type, the market is divided into imaging RADAR and non-imaging RADAR. In terms of range, the market is categorized into short-range RADAR sensors, medium-range RADAR sensors, and long-range RADAR sensors.On the basis of end users, the market is divided into automotive, security and surveillance, industrial, environment and weather monitoring, traffic monitoring, and other end users. Geographically, the market is analyzed across several regions such as across North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players of the thermistor market analyzed in the research include Robert Bosch GmbH, Lockheed Martin Corporation, Continental AG, Infineon Technologies AG, Hella KGaAHueck& Co., Delphi Automotive LLP, Denso Corporation, NXP Semiconductors N.V.,AutolivInc, and Smart Microwave Sensors GmbH. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to maintain their foothold in the market.
Top Impacting Factors
Rise in focus to improve safety and security in the automotive application and surge in demand from the defense sector to replace legacy systems along with increase in focus on comfort, safety, and assistance have boosted the growth of the global RADAR sensor market. However, high initial and developmental costs hamper the market growth. On the contrary, the advent of driverless cars and increase in military spending are expected to create lucrative opportunities for the market players in the future.Following are the global RADAR sensor market trends:
Rapid Launches to Boost the Market Growth
The launch of new RADAR sensors to improve conventional technology in automotive has propelled the growth of the market. Major market players have invested a huge pile of money to make RADAR sensors compact and affordable.HyundaiMobis developed a system called Rear Occupant Alert (ROA)to detect rear-seat passengers using RADAR. Furthermore, the company plans to launch the system to global automakers. The system is expected to prevent heatstroke accidents that often occur when children are left unattended in vehicles among other accidents.
The passenger detection system is developed using RADAR, which is usually used as a sensor for driverless vehicles. The software algorithm enables to detect micro movements of passengers, such as passenger’s blood flow. This waythe RADAR system would be used to detect the presence of passengers in the rear seat. Similarly, electronics expert HELLA has announced to unveil its latest 77 GHz RADAR technology into series production in spring 2020. The company has already acquired several major orders for the RADAR sensors.
Surge in Use of RADAR Sensors in Driverless Cars
Manufacturers have focused on developing a more effective way to incorporate and use RADAR sensors in automobiles, especially in driverless cars. Cognitive Pilot, a Russian autonomous driving technology venture recently unveiled a Cognitive Mini RADAR sensor. The sensor is developed for the autonomous driving industry.
This tiny sensor weighs around 40 grams and operates between 77–81 GHz or 60–64 GHz based on the model. The operating distance of the RADAR sensor is up to 100 meters and it is designed to control the space around a vehicle’s perimeter. Moreover, the sensor can be used to solve complex issues regarding other robotic technology by installing on multi copters. The company now looks forward to mass production and offers the product at a reasonable price.
Prime Benefits of the Report:
-
The report offers the analysis of the global RADAR sensor industry along with a glance at current trends and future estimations to foresee imminent threats and take necessary actions accordingly.
-
The study offers an in-depth analysis of major drivers, opportunities, and restraints along with comprehensive analysis of the global RADAR sensor market share.
-
The market study is analyzed from 2020 to 2027 to underline the global RADAR sensor market growth possibilities.
-
The report includes Porter’s five forces analysis that offers insights about buyers & suppliers in the market.
-
The global RADAR sensor market analysis includes study of the major market players in the global RADAR sensor market.
Scope of the Report:
|
Report Metric |
Details |
|
Market Size Available For Years |
2020-2027 |
|
Base Year Considered |
2019 |
|
Forecast Period |
2020-2027 |
|
Forecast Units |
Value (USD) |
|
Segments Covered |
Type, Range, End User, and Region |
|
Geographies Covered |
North America (the U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
|
Companies Covered |
Major players analyzed include Robert Bosch GmbH, Lockheed Martin Corporation, Continental AG, Infineon Technologies AG, Hella KGaAHueck& Co., Delphi Automotive LLP, Denso Corporation, NXP Semiconductors N.V., AutolivInc, and Smart Microwave Sensors GmbH. |
Key Market Segments:
|
Segments |
Sub-Segments |
|
Type |
|
|
Range |
|
|
End User |
|
Questions Answered in the Global RADAR Sensor Market Research Report:
-
What are the leading market players active in the RADAR sensor market?
-
What recent trends will influence the market in thecoming years?
-
What are the prime driving factors, restraints, and opportunities in the market?
-
What are the estimations that would help in taking further strategic steps
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
RADAR Sensor Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.