The Global Automotive Radar Market Report Provides Business Overview, Market Trends, Industry Challenges, And Forecast 2021-2026
The report provides a strategic analysis of the Global Automotive Radar market and the growth estimates for the forecast period 2021 to 2026. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Automotive Radar Market Trends, volume, and value at the global level, regional level, and company level.
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The global automotive radar market reached $5,839.0 million in 2019, and it is expected to grow at a CAGR of 8.4% during the forecast period.
Top companies operating in the Global Automotive Radar market profiled in the report are: Continental AG, Crydom, Schott AG, STMicroelectronics SA, Denso Corporation, Delphi Automotive Systems, LLC, Measurement Specialties, Inc., Infineon Technologies AG, ImageNext Co. Ltd., Sensata Technologies Holding N.V., Autoliv Inc., Robert Bosch GmbH, Voxx International Corporation, Texas Instruments, Inc., Mobileye N.V., NXP Semiconductors N.V., Analog Devices, Inc., Asahi Kasei Corporation, Ficosa International SA
Radar sensors generally use Frequency Modulated Continuous Wave (FMCW) radar to detect moving or stationary objects. Radar sensors are ideally used for collision avoidance and other technology-driven safety features in the vehicles.
The most prominent trend in the automotive radar market is the usage of long-range radars (LRRs). This is because such devices can detect vehicles and other objects in their path, up to 150 meters away, which is significantly more than short- & medium-range radars. Thus, the enhanced object detection capabilities of LRRs are leading to their increasing adoption in autonomous vehicles, as they help make the driving experience safer.
Global Automotive Radar Market Split by Product Type and Applications:
Market Segment by Type, covers:
Long Range RADAR
Short Range RADAR
Medium Range RADAR
Market Segment by Applications, covers:
Lane Change Assist
Adaptive Cruise Control
Autonomous Emergency Braking
Blind Spot Detection
Rear Cross Traffic Assist
Intelligent Parking Assistance
Regional Analysis For Automotive Radar Market:
North America, Latin America, Asia-Pacific, Africa, and Europe and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users. The global Automotive Radar Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.
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Major Points Covered in TOC:
Overview: Along with a broad overview of the global Automotive Radar market, this section gives an overview of the report to give an idea about the nature and contents of the research study.
Analysis on Strategies of Leading Players: Market players can use this analysis to gain a competitive advantage over their competitors in the Automotive Radar market.
Study on Key Market Trends: This section of the report offers a deeper analysis of the latest and future trends of the Automotive Radar market.
Market Forecasts: Buyers of the report will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Automotive Radar market.
Regional Growth Analysis: All major regions and countries have been covered in the report. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
Market Analysis: The report provides accurate and reliable forecasts of the market share of important segments of the Automotive Radar market. Market participants can use this analysis to make strategic investments in key growth pockets of the Automotive Radar market.
Automotive Radar Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Radar Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage share, split, and breakdowns have been determined using secondary sources and verified primary sources.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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