Automotive Radar Market (2030) Development, Key Opportunities and Analysis


Posted January 8, 2024 by apurvamaximize

The Global Automotive Radar Market size was valued at USD 5.17 Bn in 2022 and is expected to reach USD 11.87 Bn by 2029, at a CAGR of 12.6 %.

 
Automotive Radar Market Overview

The report provides comprehensive insights into the Automotive Radar market by covering all the major aspects. It includes a detailed analysis of the Automotive Radar market at local, regional, and global levels. For the competitive analysis, the Automotive Radar key competitors and new entrants are listed by various classifications, such as:

Region
Financial status
Revenue
Technological advancements adopted
Fierce marketing strategies
Mergers and acquisitions
Joint ventures
Product portfolio
SWOT analysis was used to identify the strengths and weaknesses of key players in the Automotive Radar industry. PORTER and PESTLE analysis helps to understand the Automotive Radar market from different perspectives, such as political, economical, and social.

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Automotive Radar Market Key Players

1. AISIN CORP. 2. Arbe Robotics Ltd 3. AU Inc 4. Autoliv Inc. 5. Bosch Mobility Solutions 6. Banner Engineering Corp. 7. Continental AG 8. DENSO Corp. 9. Eravant 10. Faurecia SE 11. Infineon Technologies AG 12. MediaTek Inc. 13. NXP Semiconductors NV 14. Renesas Electronics Corp. 15. Rohde and Schwarz GmbH and Co. KG 16. S.m.s Smart Microwave Sensors GmbH 17. Texas Instruments Inc. 18. Tsien UK Ltd 19. Vayyar Imaging Ltd. 20. Analog Devices Inc,

Automotive Radar Market Segmentation

Range Type: Short-Range Radar (SRR): An essential part of the automotive radar industry are short-range radar sensors. These sensors are essential for low-speed situations and parking assistance since they are used for proximity detection and collision avoidance applications. The market share of short-range radar sensors has increased due to the rising demand for advanced driver assistance systems (ADAS). Medium-Range Radar (MRR): Used in collision warning systems and adaptive cruise control (ACC), medium-range radar sensors are an essential component of the automotive radar industry. These sensors have made it easier to construct semi-autonomous cars, which has led to the constant rise of the market for these vehicles.

by Range Type

Long Range
Medium Range
Short Range


by Vehicle Type

Commercial Vehicles
Passenger Vehicle


by Application

Adaptive Cruise Control (ACC) Market
Autonomous Emergency Braking (AEB) Market
Blind Spot Detection (BSD) Market Forward Collision Warning System Market
Intelligent Park Assist Market
Other ADAS Applications Market

Automotive Radar Market Report Scope and Research Methodology

The report provides comprehensive insights into the Automotive Radar market by covering all the major aspects. It includes a detailed analysis of the Automotive Radar market at local, regional, and global levels. For the competitive analysis, the Automotive Radar key competitors and new entrants are listed by various classifications, including:

Region
Financial status
Revenue
Technological advancements adopted
Fierce marketing strategies
Mergers and acquisitions
Joint ventures
Product portfolio
SWOT analysis was used to identify the strengths and weaknesses of key players in the Automotive Radar industry. PORTER and PESTLE analysis helps to understand the Automotive Radar market from different perspectives, such as political, economical, and social. The bottom-up approach was used to estimate the regional and global Automotive Radar market size.

Automotive Radar Market Regional Insights

The report includes a detailed explanation of all the factors, market size, growth rate, and import and export in regions:

1)North America

2) Europe

3) Asia Pacific

4) Latin America

5) the Middle East, and Africa.

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Key questions answered in the Automotive Relay Market are:

What is Automotive Radar?
What is the expected Automotive Radar market size by the end of the forecast period?
What are the recent industry trends that can be implemented to generate additional revenue streams for Automotive Radar Market?
Which factors are creating lucrative opportunities for the Automotive Radar market growth?
How is the intervention from regulatory authority shaping the Automotive Radar Market?
What growth strategies are the players considering to increase their presence in Automotive Radar Market?
What is the Automotive Radar market size of the dominating region?
Key Offerings:

A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments with their sub-segments and Region
Competitive Landscape – Top Key Players and Other Prominent Players
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Tags automotive radar market growth automotive radar market share automotive radar market size automotive radar market trends automotive radar market deman
Last Updated January 8, 2024