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Global Automotive RADAR Industry Analysis, Market Size, Growth, Current Trends, Key Players, Business Opportunities, and Forecast Till 2026

Automotive RADAR Market by Application (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System, Intelligent Park Assist, and Other), Frequency (24 GHz, 77 GHz, and 79GHz), Range (Long Range RADAR (LRR) and Short and Medium Range RADAR (S&MRR)), and Vehicle Type (Passenger Car and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2019-2026

The Global Automotive RADAR Market is expected to grow at a CAGR of 11.7% during the forecast period 2019-2026. As per the analysis, the global industry was valued at $3.14 billion in the year 2018 and is predicted to reach $7.67 billion by the year 2026.  The automotive RADAR market is majorly driven by increasing focus of manufacturers and vehicle owners on vehicle safety systems. As per the World Health Organizations (WHO), by 2030, vehicle crashes would account as the leading cause of death. Moreover, as per the Association for Safe International Road Travel (ASIRT), road accidents account for ~3,287 death/day. Prevention of accidents through adoption of various safety measures has triggered the usage of RADAR sensors in vehicles that help to avoid accidents. Advancements in automotive technology has boosted the vehicle safety through advance systems in vehicles in the form of automotive radar.

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Market Dynamics

The global automotive RADAR market growth is majorly driven by increasing demand for advanced and basic safety features in automobiles, increasing demand for comfortable driving and stringent rules and regulations considering vehicle safety features. However, complex structure and high cost of RADAR systems will hamper the market growth for the mid-term. Nevertheless, technological innovation in Advance driver-assistance systems (ADAS) and boost in technological advancement is expected to create lucrative market opportunities for the market growth.

Segmentation Overview of the Global Automotive Radar Market

The Global Automotive Radar Market is segmented on the basis of Vehicle Type, Range, Frequency and Application. These segments are further categorized into various sub-segments to get detailed insights about the market.

The Application Segment of the Global Automotive Radar Market is Sub-Segmented into:

  • Intelligent Park Assists
  • Forward Collision Warning System
  • Blind Spot Detection (BSD)
  • Autonomous Emergency Braking (AEB)
  • Adaptive Cruise Control (ACC)
  • Others

The Frequency Segment of the Global Automotive Radar Market is Sub-Segmented into:

  • 79 GHz
  • 77 GHz
  • 24 GHz

The Range Segment of the Global Automotive Radar Market is Sub-Segmented into:

  • Short & Medium Range Radar (S&MRR)
  • Long Range Radar (LRR)

The Vehicle Type Segment of the Global Automotive Radar Market is Sub-Segmented into:

  • Passenger Car
  • Commercial Vehicles

Geographical Overview of the Global Automotive RADAR Market

On the basis of geographical segmentation, the Global Automotive RADAR Market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Turkey, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, ASEAN and rest of Asia-pacific), and LAMEA (Latin America, the Middle East, and Africa).

As per the analysis, the Asia-Pacific region was estimated to hold the largest market share in the global automotive RADAR market in the year 2018, and the region is anticipated to maintain the dominance over the forecast period 2019-2026. The regional dominance is due to increasing demand for comfort driving by majority of population and increase in number of vehicle production in the region, due to large-scale population in major countries of APAC such as India and China. As per the India Brand Equity Foundation (IBEF), in India, the passenger vehicle production is expected to increase to 10 million units by the end of the year 2020 from 3.4 million units in the year 2016.

Whereas, the European region calculated as the fastest growing region with highest CAGR during the forecast period. In this case, the regional growth is due to rapid adoption of technologically advanced products in countries such as Netherland, Belgium, U.K., etc. coupled with stringent vehicle safety regulations that boost the demand for technologies related to advanced driver assistance.

Market Players Insight

Analog, ZF Friedrichshafen, Valeo, Texas Instruments, Robert Bosch GmbH, NXP Semiconductors, DENSO Corporation, Delphi Automotive Company, Continental AG, Autoliv Inc. and others are some major players included in the research study of the global automotive radar market.

Key Topic Covered

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models

Chapter 2: Executive Summary

2.1. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies

3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2018)
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rise In Demand For Safety Features In Automobiles
3.5.1.2. Increase In Demand For Comfortable Driving
3.5.1.3. Strict Rules And Regulations For Safety Features

3.5.2. Restraint

3.5.2.1. High Cost And Complex Structure

3.5.3. Opportunities

3.5.3.1. Increase In Technological Advancement And Innovation In Adas

Chapter 4: Automotive Radar, By Application

4.1. Overview
4.2. Adaptive Cruise Control (Acc)

4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country

4.3. Autonomous Emergency Braking (Aeb)

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country

4.4. Blind Spot Detection (Bsd)

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country

4.5. Forward Collision Warning System

4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country

4.6. Intelligent Park Assist

4.6.1. Key Market Trends, Growth Factors, And Opportunities
4.6.2. Market Size And Forecast, By Region
4.6.3. Market Analysis By Country

4.7. Other Adas Applications

4.7.1. Key Market Trends, Growth Factors, And Opportunities
4.7.2. Market Size And Forecast, By Region
4.7.3. Market Analysis By Country

Chapter 5: Automotive Radar, By Frequency

5.1. Overview
5.2. 24 Ghz

5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country

5.3. 77 Ghz

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country

5.4. 79 Ghz

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country

Chapter 6: Automotive Radar, By Range

6.1. Overview
6.2. Long-Range Radar (Lrr)

6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country

6.3. Short And Medium Range Radar (S&Mrr)

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country

Chapter 7: Automotive Radar, By Vehicle Type

7.1. Overview
7.2. Passenger Car

7.2.1. Key Market Trends, Growth Factors And Opportunities
7.2.2. Market Size And Forecast, By Region
7.2.3. Market Analysis By Country

7.3. Commercial Vehicles

7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Region
7.3.3. Market Analysis By Country

Chapter 8: Automotive Radar, By Region

8.1. Overview
8.2. North America

8.2.1. Key Market Trends, Growth Factors, And Opportunities
8.2.2. Market Size And Forecast, By Application
8.2.3. Market Size And Forecast, By Frequency
8.2.4. Market Size And Forecast, By Range
8.2.5. Market Size And Forecast, By Vehicle Type
8.2.6. Market Analysis By Country

8.2.6.1. U.S.

8.2.6.1.1. Market Size And Forecast, By Application
8.2.6.1.2. Market Size And Forecast, By Frequency
8.2.6.1.3. Market Size And Forecast, By Range
8.2.6.1.4. Market Size And Forecast, By Vehicle Type

8.2.6.2. Canada

8.2.6.2.1. Market Size And Forecast, By Application
8.2.6.2.2. Market Size And Forecast, By Frequency
8.2.6.2.3. Market Size And Forecast, By Range
8.2.6.2.4. Market Size And Forecast, By Vehicle Type

8.2.6.3. Mexico

8.2.6.3.1. Market Size And Forecast, By Application
8.2.6.3.2. Market Size And Forecast, By Frequency
8.2.6.3.3. Market Size And Forecast, By Range
8.2.6.3.4. Market Size And Forecast, By Vehicle Type

8.3. Europe

8.3.1. Key Market Trends, Growth Factors, And Opportunities
8.3.2. Market Size And Forecast, By Application
8.3.3. Market Size And Forecast, By Frequency
8.3.4. Market Size And Forecast, By Range
8.3.5. Market Size And Forecast, By Vehicle Type
8.3.6. Market Analysis By Country

8.3.6.1. Uk

8.3.6.1.1. Market Size And Forecast, By Application
8.3.6.1.2. Market Size And Forecast, By Frequency
8.3.6.1.3. Market Size And Forecast, By Range
8.3.6.1.4. Market Size And Forecast, By Vehicle Type

8.3.6.2. Germany

8.3.6.2.1. Market Size And Forecast, By Application
8.3.6.2.2. Market Size And Forecast, By Frequency
8.3.6.2.3. Market Size And Forecast, By Range
8.3.6.2.4. Market Size And Forecast, By Vehicle Type

8.3.6.3. France

8.3.6.3.1. Market Size And Forecast, By Application
8.3.6.3.2. Market Size And Forecast, By Frequency
8.3.6.3.3. Market Size And Forecast, By Range
8.3.6.3.4. Market Size And Forecast, By Vehicle Type

8.3.6.4. Italy

8.3.6.4.1. Market Size And Forecast, By Application
8.3.6.4.2. Market Size And Forecast, By Frequency
8.3.6.4.3. Market Size And Forecast, By Range
8.3.6.4.4. Market Size And Forecast, By Vehicle Type

8.3.6.5. Rest of Europe

8.3.6.5.1. Market Size And Forecast, By Application
8.3.6.5.2. Market Size And Forecast, By Frequency
8.3.6.5.3. Market Size And Forecast, By Range
8.3.6.5.4. Market Size And Forecast, By Vehicle Type

8.4. Asia-Pacific

8.4.1. Key Market Trends, Growth Factors, And Opportunities
8.4.2. Market Size And Forecast, By Application
8.4.3. Market Size And Forecast, By Frequency
8.4.4. Market Size And Forecast, By Range
8.4.5. Market Size And Forecast, By Vehicle Type
8.4.6. Market Analysis By Country

8.4.6.1. China

8.4.6.1.1. Market Size And Forecast, By Application
8.4.6.1.2. Market Size And Forecast, By Frequency
8.4.6.1.3. Market Size And Forecast, By Range
8.4.6.1.4. Market Size And Forecast, By Vehicle Type

8.4.6.2. Japan

8.4.6.2.1. Market Size And Forecast, By Application
8.4.6.2.2. Market Size And Forecast, By Frequency
8.4.6.2.3. Market Size And Forecast, By Range
8.4.6.2.4. Market Size And Forecast, By Vehicle Type

8.4.6.3. India

8.4.6.3.1. Market Size And Forecast, By Application
8.4.6.3.2. Market Size And Forecast, By Frequency
8.4.6.3.3. Market Size And Forecast, By Range
8.4.6.3.4. Market Size And Forecast, By Vehicle Type

8.4.6.4. South Korea

8.4.6.4.1. Market Size And Forecast, By Application
8.4.6.4.2. Market Size And Forecast, By Frequency
8.4.6.4.3. Market Size And Forecast, By Range
8.4.6.4.4. Market Size And Forecast, By Vehicle Type

8.4.6.5. Rest of Asia-Pacific

8.4.6.5.1. Market Size And Forecast, By Application
8.4.6.5.2. Market Size And Forecast, By Frequency
8.4.6.5.3. Market Size And Forecast, By Range
8.4.6.5.4. Market Size And Forecast, By Vehicle Type

8.5. Lamea

8.5.1. Key Market Trends, Growth Factors, And Opportunities
8.5.2. Market Size And Forecast, By Application
8.5.3. Market Size And Forecast, By Frequency
8.5.4. Market Size And Forecast, By Range
8.5.5. Market Size And Forecast, By Vehicle Type
8.5.6. Market Analysis By Country

8.5.6.1. Latin America

8.5.6.1.1. Market Size And Forecast, By Application
8.5.6.1.2. Market Size And Forecast, By Frequency
8.5.6.1.3. Market Size And Forecast, By Range
8.5.6.1.4. Market Size And Forecast, By Vehicle Type

8.5.6.2. Middle East

8.5.6.2.1. Market Size And Forecast, By Application
8.5.6.2.2. Market Size And Forecast, By Frequency
8.5.6.2.3. Market Size And Forecast, By Range
8.5.6.2.4. Market Size And Forecast, By Vehicle Type

8.5.6.3. Africa

8.5.6.3.1. Market Size And Forecast, By Application
8.5.6.3.2. Market Size And Forecast, By Frequency
8.5.6.3.3. Market Size And Forecast, By Range
8.5.6.3.4. Market Size And Forecast, By Vehicle Type

Chapter 9: Company Profiles

9.1. Autoliv Inc.

9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. Business Performance
9.1.6. Key Strategic Moves And Developments

9.2. Continental Ag

9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Operating Business Segments
9.2.4. Product Portfolio
9.2.5. Business Performance
9.2.6. Key Strategic Moves And Developments

9.3. Delphi Automotive Company

9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Operating Business Segments
9.3.4. Business Performance
9.3.5. Key Strategic Moves And Developments

9.4. Denso Corporation

9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Operating Business Segments
9.4.4. Product Portfolio
9.4.5. Business Performance
9.4.6. Key Strategic Moves And Developments

9.5. Nxp Semiconductors

9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Business Performance
9.5.5. Key Strategic Moves And Developments

9.6. Robert Bosch Gmbh

9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Operating Business Segments
9.6.4. Product Portfolio
9.6.5. Business Performance

9.7. Texas Instruments

9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Operating Business Segments
9.7.4. Product Portfolio
9.7.5. Business Performance

9.8. Valeo

9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Operating Business Segments
9.8.4. Product Portfolio
9.8.5. Business Performance
9.8.6. Key Strategic Moves And Developments

9.9. Zf Friedrichshafen

9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Operating Business Segments
9.9.4. Product Portfolio
9.9.5. Business Performance
9.9.6. Key Strategic Moves And Developments

9.10. Analog Devices, Inc.

9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Operating Business Segments
9.10.4. Product Portfolio
9.10.5. Business Performance

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The post Global Automotive RADAR Industry Analysis, Market Size, Growth, Current Trends, Key Players, Business Opportunities, and Forecast Till 2026 appeared first on Market News Bizz.

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