The radar sensor market Detailed Analysis of Current Industry Trends, Growth Forecast To 2026

Posted July 5, 2021 by Kenhayden_6

According to the new market research report “radar sensor market” is published by

The radar sensor market is expected to grow at a CAGR 15% during the forecast period 2021-2026. The growth of the market is driven by factors such as increasing focus on safety and security needs in automotive applications, unlocking the wideband 5G and millimetre wave–based RF system capabilities, and the increasing need for border security systems.
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North America is expected to hold the largest share of the radar sensor market; the market in APAC is expected to grow at a high rate during the forecast period. The increased focus on safety and security features in the automobile sector in China, India, and Japan is the major factor driving the growth of the radar sensor market in APAC.

Key players in the market include Robert Bosch GmbH (Germany), Continental AG (Germany), Hella KGAA Hueck and Co. (Germany), and Infineon Technologies AG (Germany).

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Categories Industry , Marketing , Research
Tags 5g market report , automotive application of radar sensors market report , automotive applications market report , automotive sector market report , radar sensor market , wavebased rf system market report
Last Updated July 5, 2021