The Automotive Radar Market is expected to grow at a robust CAGR over the forecast period (2019-2026).

The factors driving growth of the Automotive Radar Market includes growing demand for safety features such as Advanced Driver Assistance Systems (ADAS) and Collision avoidance systems, rising incidents of road accidents around the world, increasing popularity of autonomous vehicles and improvements in the living standards. Moreover, increasing application of automotive radars in obstacle detection, blind spot detection and emergency braking, growing adoption of advanced technologies by manufacturers, and rapid urbanization, are some of the additional factors supplementing the Automotive Radar Market share. In addition, the increasing investments by major companies on research and development, strategic partnerships ad collaborations between key industry leaders and rise in the launch of innovative products, are further contributing to the market growth.

However, high cost of integrating radars in automobile is restricting the growth of Automotive Radar Market. 

The leading players operating in the market are NXP Semiconductors, PathPartner, HELLA KGaA, Continental AG, Bosch Group, Denso Corporation, Veoneer Inc., Delphi Automotive, Texas Instruments, ZF Friedrichshafen AG and Harman International, among others.

Based on Range Type, the Short & Medium Range RADAR is projected to grow at a significant CAGR during the forecast period

Features provided by short and medium range radars such as blind spot detection, lane change assist, and park assistance, are pushing growth of the segment.

Based on Vehicle Type, the Passenger segment is projected to grow at a faster CAGR over the forecast period

Growing demand for luxurious cars across the globe and Government regulations pushing the manufacturers to install advanced safety features, are propelling segment’s growth.

Based on Region, the Europe region is projected to expand at a fastest CAGR during the forecast period

Presence of the leading players such as Continental AG, Delphi Automotive and NXP Semiconductors, Government polices promoting the manufacturing of automobiles, technological advancements in automotive radars and high per capita incomes, are some of the important factors augmenting the Automotive Radar Market size in the European region. 

Market Segmentation

Segmentation by Range Type

  • Long Range Radar
    • Short & Medium Range RADAR

Segmentation by Vehicle Type

  • Commercial
    • Passenger

Segmentation by Application

  • Adaptive Cruise Control (ACC)
    • Autonomous Emergency Braking (AEB)
    • Blind Spot Detection (BSD)
    • Collision Warning System
    • Parking Assistance
    • Others

Segmentation by Frequency

  • 24 GHz
    • 77 GHz
    • 79 GHz

Segmentation by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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