Global   Automotive Radar Sensors   Market Overview and Forecast

Market Size and Growth

The global   Automotive Radar Sensors   market  was valued at US$   1.23 Bn in 2021   and is projected to reach US$   3.67 Bn by 2029, growing at a compound annual growth rate (CAGR) of   14.6% during the forecast period.

Market Overview

This study aims to provide a detailed analysis of the   Automotive Radar Sensors   market based on components, applications, industries, and geographic regions. It delves into the key factors driving market growth and offers an extensive examination of the market's value chain.

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Market Scope

The research methodology to evaluate and forecast the   Automotive Radar Sensors   market starts with secondary research from sources that compile revenue data from major suppliers. Vendor offerings are also considered during market segmentation. Using a bottom-up approach, the total market size was estimated based on the revenues of key companies.

Drivers

The report covers the major drivers and restraints impacting the   Automotive Radar Sensors   market.

Segmentation

For detailed market segmentation

by Ranges
• Long range (≥77 GHz)
• Medium range (76-77 GHz)
• Short range (24 GHz)

by Applications
• Intelligent Parking Assistance (IPA)
• Forward Collision Warning System (FCWS)
• Blind Spot Detection (BSD)
• Lane Change Assist (LCA)
• Rear Cross Traffic Assist (RCTA)
• Autonomous Emergency Braking (AEB)
• Adaptive Cruise Control (ACC)
• Other Applications

by Vehicle Type
• Commercial vehicle
• Passenger vehicle

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Key Players

The report includes analysis of major players in the   Automotive Radar Sensors   market, including:

• Bosch GmbH
• Hella KGaA
• ZF Friedrichshafen AG
• Denso Corporation
• Infineon Technologies AG
• First Sensor AG
• Continental AG
• UniqueSec AB
• InnoSenT GmbH
• Delphi Automotive PLC
• Kestrel Radar Sensors
• NXP Semiconductors N.V
• Valeo S.A
• Fujitsu Ten Ltd
• Texas Instruments Incorporated
• Quanergy
• Leddar
• Ibeo Automotive Systems GmbH
• TRW - ZF Friedrichshafen
• Autoliv Inc
• Velodyne LiDAR

Regional Analysis

Market share statistics for regions including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America are available. Analysts at Maximize perform competitive strength assessments and individual competitor analyses.

COVID-19 Impact Analysis

The COVID-19 pandemic has significantly affected various industries such as aerospace and defense, agriculture, automotive, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, and banking, among others. The report discusses the impact of COVID-19 on the   Automotive Radar Sensors   market and its growth rate in 2019-2020. Our latest research, insights, and expert opinions are crucial for businesses navigating the challenges posed by the COVID-19 crisis, providing reliable data and insights to industry leaders.

Key Questions Answered in the   Automotive Radar Sensors   Market Report

• Which segment held the largest share in the   Automotive Radar Sensors   market?
• What was the competitive landscape of the   Automotive Radar Sensors   market in 2020?
• What are the key factors driving the growth of the   Automotive Radar Sensors   market?
• Which region held the largest share in the   Automotive Radar Sensors   market in 2020?

About Maximize Market Research

Maximize Market Research is a comprehensive market research and consulting company, covering a wide range of industries. These include medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We provide industry-verified market estimations, technical trend analyses, strategic advice, competitive analyses, production and demand assessments, and client impact studies.

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