We are monitoring the impact of COVID-19 on Automotive RADAR Market Get in touch with us for detailed analysis Know More
Pulished Date February, 2020
ID: 8673
Share on
Share on

Automotive RADAR Market – by Range Type (Long Range RADAR and Short & Medium Range RADAR), Application (ACC, AEB, FCWS, BSD, and Intelligent Parking Assistance), Frequency (2X-GHz and 7X-GHz), Vehicle Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global Industry Size, Growth, Share, Value, Trends and Demand Forecast Report 2020-2025

Pulished: February, 2020
ID: 8673
Pages: 175

Market Overview:

The global Automotive Radar Market was estimated at USD 2.5 billion in 2016 and is calculated to value about USD 9.5 billion by the end of 2023, developing at a stunning CAGR of 21.0% over the envisioned period.

Automotive radar includes of a transmitter which sends the radio waves that connect an object to the receiver and therefore the receiver operates the movement or the direction of the vehicle.

The global automotive radar market is predicted to grow during the foreseen phase because the growing concern regarding the security issues while driving the car will help to raise the market. The automakers are also shifting their focus from manual cars to autonomous cars which successively will increase the automotive radar market

Recent Developments:

  •  Bosch has introduced a replacement long-range radar sensor. Such as its predecessors, it uses the 77-gigahertz frequency bandwidth. It's also additionally even powerful, compact, and cost-effective than its direct predecessor
  •  This new (third-generation Long Range Radar) automotive radar sensor system from Robert Bosch GmbH will apply a chip from Infineon Technologies’ (Radar System IC) product family. Bosch introduced the LRR3 for adaptive controller at ranges up to 250 m.
  •  Oculii and HELLA introduced tactical Partnership to showcase Radar Perception Platform That Scales from ADAS to Autonomous Driving – HELLA Ventures Becomes Investor. Oculii’s particular Virtual Space Imaging Application Technology fundamentally expands the angular resolution of a radar phased array, significantly improving security, reliability, and efficiency of autonomous vehicles.

Drivers and Restraints of Automotive Radar Market:

Drivers:

Stringent government favorable initiatives within the field of radar systems have adversities the event of auto safety systems and are predicted to drive the widespread adaption of radar-based security systems over the foreseen phase. Moreover, the decline in the prices of vehicle electronics and developments in the automotive engineering are determined to fuel the use of automotive radars. Its installation enables the exact detection of objects and secures better vehicle safety.

Restraints:

The main restraint for this market is the use of the RADAR detector that is taken into account as illegal in certain countries. A RADAR sensor is often installed in an automobile during its production period, and these automobiles are often offered for a purchase that is acceptable in most countries, but if a RADAR detector is purchased separately by an individual, it is often misused and should result into accidents and loss of life. However, it's illegal in certain countries and violation of an equivalent end in fines, seizure of the device, or both.

Market Segmentation:

By Application:

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

The market share for ACC was the highest in 2016 due to the widespread adaption in prominent automotive markets, like U.S., Germany, and China, among others. Additionally, the AEB segment is predicted to grow as one with the fastest CAGRs over the foreseen phase. Government initiatives, like the delicensing of radar frequencies and raised investment by automakers for the event of low-cost radar-based safety systems, are projected to boost growth over the foreseen phase.

By Frequency Type:

  • 2X-GHZ Systems
  • 7X-GHZ Systems

The RADAR of 7 X-GHz sensors is projected to steer the worldwide automotive radar market during the foreseen phase. The interest for the 7X-GHz segment is often attributed to advantages offered by these sensors in various ADAS applications. 7X-GHz RADAR sensors are utilized in adaptive control, emergency braking system and collision avoidance system among others. The marketplace for these technologies is on the rise due its better resolution and range capability.

2X-GHz frequency bands are mostly being used for small range software. It is available at a less cost without any settlement in the high-end features.

By Vehicle Type:

  • Commercial Vehicles
  • Economic Passenger Vehicle
  • Luxury Passenger Vehicle
  • Mid-Price Passenger Vehicle

The passenger Vehicle segment is predicted to grow at a rapid rate than the commercial vehicles segment. The foremost factor driving growth of this segment is the rising awareness regarding vehicle safety among mid-priced vehicle owners. Consistent with OICA, globally, the passenger vehicles segment witnessed a rise of 4.5% in 2016 from 2015. As passenger Vehicles are steadily adoption the radar-based safety system, the global automotive radar market is prophesized to gain traction over the forecast period.

However, the increasing logistics industry and hiking e-commerce have targeted the sales for commercial vehicles. The increasing consumer expectations for vehicle autonomy among commercial vehicles are additionally supposed to trigger the expansion of the segment.

Automotive Radar Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

North America is showing the substantial growth and is likely to continue this trend over the foreseen phase. Europe accounted for a notable part of the worldwide market in terms of value and is predicted to grow at a CAGR of 17.8% over the foreseen phase. This will be attributed to the rising stringency of auto safety norms by the EU Commission. German automakers hold up to 70% of the premium vehicles production. However, the automotive industry in the nation spends approximately 33% of the revenue towards R&D development. Thus, the German automotive radar market is foreseen to record the most crucial share by 2025.

Compare to other regions, Asia-Pacific (APAC) is predicted to witness the fastest growth within the global automotive radar market over the foreseen phase. It's mainly because of the rising income in the developing countries of the APAC region, like India and China, which results in an increasing demand for premium vehicles.

Key Players of Market:

Major players in the global market are Robert Bosch GmbH (Germany), HELLA KGaA (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Autoliv Inc. (Sweden), and Valeo S.A. (France). Other prominent players include Infineon Technologies AG (Germany), NXP Semiconductors N.V, etc.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferences                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Automotive RADAR Market, By Range Type                

                                6.1.1 Long Range RADAR              

                                6.1.2 Short Range RADAR            

                                6.1.3 Medium Range RADAR      

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Automotive RADAR Market, By Application                 

                                6.2.1 Adaptive Cruise Control Market    

                                6.2.2 Autonomous Emergency Braking Market  

                                6.2.3 Blind Spot Detection Market           

                                6.2.4 Forward Collision Warning System Market

                                6.2.5 Intelligent Park Assist Market         

                                6.2.6 Other ADAS Applications Market  

                                6.2.7 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.8 Y-o-Y Growth Rate Analysis             

                                6.2.9 Market Attractiveness Index          

                6.3 Automotive RADAR Market, By Frequency Type                       

                                6.3.1 2X-GHZ Systems: Automotive RADAR Market         

                                6.3.2 7X-GHZ: Market    

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

                6.4 Automotive RADAR Market, By Vehicle Type                              

                                6.4.1 Commercial Vehicles          

                                6.4.2 Economic Passenger Vehicle           

                                6.4.3 Luxury Passenger Vehicle 

                                6.4.4 Mid-Price Passenger Vehicle           

                                6.4.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.6 Y-o-Y Growth Rate Analysis             

                                6.4.7 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Range Type       

                                7.2.3 By Application        

                                7.2.4 By Frequency Type              

                                7.2.5 By Vehicle Type    

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Range Type       

                                7.3.3 By Application        

                                7.3.4 By Frequency Type              

                                7.3.5 By Vehicle Type    

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Range Type       

                                7.4.3 By Application        

                                7.4.4 By Frequency Type              

                                7.4.5 By Vehicle Type    

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Range Type       

                                7.5.3 By Application        

                                7.5.4 By Frequency Type              

                                7.5.5 By Vehicle Type    

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Range Type       

                                7.6.3 By Application        

                                7.6.4 By Frequency Type              

                                7.6.5 By Vehicle Type    

8. Key Player Analysis                                    

                8.1 Robert Bosch GmbH                               

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 HELLA KGaA               

                8.3 Continental AG                         

                8.4 Denso Corporation                  

                8.5 Delphi Automotive PLC                         

                8.6 Autoliv Inc.                 

                8.7 Valeo S.A.                   

                8.8 Infineon Technologies AG                    

                8.9 NXP Semiconductors N.V.                    

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms by type, by application, by material, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive RADAR Market By Region, From 2020-2025 ( USD Million )
  2. Global Automotive RADAR Market By Application, From 2020-2025 ( USD Million )
  3. Global Adaptive Cruise Control Market By Region, From 2020-2025 ( USD Million )
  4. Global Autonomous Emergency Braking Market By Region, From 2020-2025 ( USD Million )
  5. Global Blind Spot Detection Market By Region, From 2020-2025 ( USD Million )
  6. Global Forward Collision Warning System Market By Region, From 2020-2025 ( USD Million )
  7. Global Intelligent Park Assist Market By Region, From 2020-2025 ( USD Million )
  8. Global Other ADAS Application Market By Region, From 2020-2025 ( USD Million )
  9. Global Automotive RADAR Market By Frequency Type, From 2020-2025 ( USD Million )
  10. Global 2X-GHZ Systems: Automotive RADAR Market By Region, From 2020-2025 ( USD Million )
  11. Global 7X-GHZ: Market By Region, From 2020-2025 ( USD Million )
  12. Global Automotive RADAR Market By Vehicle Type, From 2020-2025 ( USD Million )
  13. Global Commercial Vehicles Market By Region, From 2020-2025 ( USD Million )
  14. Global Economic Passenger Vehicle Market By Region, From 2020-2025 ( USD Million )
  15. Global Luxury Passenger Vehicle Market By Region, From 2020-2025 ( USD Million )
  16. Global Mid-Price Passenger Vehicle Market By Region, From 2020-2025 ( USD Million )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample