Global Radar Sensor Market


Posted December 18, 2019 by sanuse

Global Radar Sensor Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 19.80 % during a forecast period.

 
Global Radar Sensor Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 19.80 % during a forecast period.

A radar sensor is an electronic device, which detects the velocity and position of an object positioned at a distance like an aircraft, ship, vehicle, or motorbike.




An increase in territorial conflicts in numerous regions, rising focus on comfort and safety, geopolitical instabilities, increasing adoption of the radar sensor in defense sector where militaries look forward to switching legacy systems are some of the prominent driving factors behind the growth of the global radar sensor market. Additionally, one of the key factors, which is positively affecting the growth of the radar sensor market is the huge investments by governments across the globe owing to growing disputes, regional unrest, and terrorism. Furthermore, the eminence approach of a driverless car is an excellent opportunity for radar sensors, which is expected to contribute significant growth in the global radar sensor market.

On the other hand, the requirement of huge development cost is limiting the growth of the global radar sensor market




The non-imaging sensors market segment is expected to share significant growth in the global radar sensor market. These sensors include speed gauges and radar altimeters. The growing adoption of the non-imaging radar sensors in the many application areas like satellites, automotive, and traffic management is expected to increase demand for the non-imaging sensors. With an increasing presence of strict regulations associated with the safety of automobiles, the integration of non-imaging sensors in vehicles is expected to grow during the forecast period.




The long-range radar segment is projected to grow at a XX % rate of CAGR during the global radar sensor market. The automotive long-range radar functions at 77 GHz to contact blind areas in front of the automobile. This sensor delivers information about the traffic situation in front of the vehicle, which helps to react to altered traffic conditions. This radar is the essential part of the ACC with active brake assist.




Aerospace and Defence segment is expected to contribute a significant share in the global radar sensor market. The growing use of drones is one of the critical reasons, which will drive radar sensors market growth. Huge investments in military and defense, unmanned aircraft like autonomous drones or UAVs are expected to boost market growth. They are also preferred over other aircraft for aerial strikes and surveillance.




North America is estimated to hold a dominant position in the global radar sensor market is projected to lead the radar sensor industry during the forecast period. The adoption of radar sensors is increasing significantly in the region owing to a growing need to offer safety and security. The rising demand for surveillance and border monitoring also boosts the radar sensor market across various countries in the region. Furthermore, the Europe region is expected to contribute a significant share in the global radar sensors market. The growth in the market is attributed to the increase in the radar sensors demand to owing to the introduction of autonomous vehicles in the region.




The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the Global Radar Sensor Market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Radar Sensor Market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.

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The Scope of the Report for Global Radar Sensor Market




Global Radar Sensor Market, By Type




Imaging Radar
CW Radar
Pulse Radar
Non-imaging Radar
Speed Gauge
Altimeter

Global Radar Sensor Market, By Technology




Time Domain Reflectometry (TDR)
Ultra-Wideband (UWB)
RF MEMS-based radar sensors
Millimeter wave

Global Radar Sensor Market, By Component




Antenna
Duplexer
Transmitter
Receiver
Video Amplifier

Global Radar Sensor Market, By Band




HF, VHF, and UHF Bands
L, S, C, and X Bands
Ku, K, Ka, V, and W Bands

Global Radar Sensor Market, By Range




Short-Range Radar
Mid-Range Radar
Long-Range Radar

Global Radar Sensor Market, By Application




Automotive
Aerospace and Defence
Industrial
Security and Surveillance
Traffic Monitoring and Management
Environmental and Weather Monitoring
Others

Global Radar Sensor Market, By Vertical




Commercial Sector
Government Sector
Industrial Sector

Global Radar Sensor Market, By Region




North America
Europe
Asia Pacific
Middle East & Africa
South America

Key players operating in Global Radar Sensor Market




Robert Bosch GmbH
Continental AG
Denso Corporation
ZF Friedrichshafen AG
Airbus Group
Delphi Automotive LLP
Hella KGaA Hueck & Co
Infineon Technologies AG
Autoliv Inc.
Hitachi, Ltd.
Lockheed Martin Corporation
NXP Semiconductors N.V.
Smart Microwave Sensors GmbH
Start-Up Ecosystem
Echodyne, Inc.
Omniradar B.V.
Oculli Corporation
Northrop Grumman Corporation
Gryphon Sensors
Saab AB
Arbe Robotics
Raytheon Company

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Issued By shubhangi anuse
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Country India
Categories Business
Tags global radar sensor market
Last Updated December 18, 2019