Global Automotive Radar market accrued earnings worth approximately 3.2 (USD Billion) in 2019 and is set to record a CAGR of about 21.5% over the period from 2020 to 2026.
The global Automotive Radar market accrued earnings worth approximately 3.2 (USD Billion) in 2019 and is set to record a CAGR of about 21.5% over the period from 2020 to 2026. The report offers assessment and analysis of the Automotive Radar market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Automotive radars are utilized for detecting the velocity as well as the object range in the vicinity of vehicle in which the radar is deployed. Furthermore, the automotive radar comprises of a receiver and transmitter. The transmitter sends radio waves to the object and these waves bounce back to the receiver of the vehicle after hitting the object. This helps in assessing the acceleration, direction, and distance of the object from the vehicle.
Furthermore, automotive radar is an evolving technology facilitating autonomous & smart features in the automotive, thereby relieving drivers from performing repetitive tasks, lessening their levels of stress, and adding life-saving automated interpolations. Currently, the electronic product is installed in numerous high-end vehicles for enabling secured and comfort features of the vehicle, thereby assisting the vehicle in decelerating without involvement of the driver and thus prevent vehicle accident on road.
Details of the Report:
Report Metric |
Details |
Base Year |
2019 |
Historical Data |
2017 and 2018 |
Forecast period |
2020-2026 |
Market Representation |
Earnings provided in terms of USD Billion and CAGR estimated from 2020 to 2026 |
Segments Analyzed |
By Application, By Vehicle Type, By Frequency, By Range, and By Region |
Regions Analyzed |
North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa |
Market Growth Drivers
Automotive radars provide cost-efficient solutions and utilized for blind-spot detection and collision avoidance, thereby creating lucrative opportunities for automotive radar market in the near future. Apart from this, introduction of strict laws for vehicular safety and rise in embedding of ADAS systems in vehicles will proliferate the product demand in the coming years.
Furthermore, a surge in the number of vehicle collisions and escalating requirement for safe mobility of vehicles will prompt the business expansion over the forthcoming years. Additionally, inception of new concepts such as electric & autonomous vehicles along with electrifying of automobiles will expatiate the market growth over the ensuing years.
Apparently, huge capital funding of automotive sector in the countries like Germany, China, the UK, the U.S., Japan, and India will steer the market surge in the years ahead. Reduction in vehicle costs and breakthroughs in vehicular technology will promote the use of automotive radars globally. This, in turn, will embellish the market surge over the forecast timeline.
Europe To Contribute Lucratively Towards Overall Market Growth By 2026
The regional market expansion during the forecast timeline is owing to acceptance of new technologies in the automotive sector across the countries like Germany, Belgium, the UK, and Holland in Europe. In addition to this, the state authorities in these countries have enacted & enforced strict laws for addressing vehicular safety issues as well as vehicle collisions. This, in turn, will spearhead the industry growth in the region over the forecasting years.
Key players profiled in the report include DENSO Corp., Infineon Technologies AG, Continental AG, Autoliv Inc., Texas Instruments Inc., Valeo SA, Robert Bosch GmbH, and HELLA KGaA Hueck & Co.
The global automotive radar market is segmented as follows:
By application:
By frequency:
By range:
By vehicle type:
By Region
List of Figures
1. Market research process
2. Market research methodology
3. Global Automotive Radar Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Automotive Radar Market attractiveness, By Application
6. Global Automotive Radar Market attractiveness, By Vehicle Type
7. Global Automotive Radar Market attractiveness, By Frequency
8. Global Automotive Radar Market attractiveness, By Range
9. Global Automotive Radar Market Share by Application,2019 and 2026 (USD Billion)
10. Global Automotive Radar Market by Adaptive Cruise Control,2016–2026(USD Billion)
11. Global Automotive Radar Market by Blind Spot Detection,2016–2026(USD Billion)
12. Global Automotive Radar Market by Autonomous Emergency Braking,2016–2026(USD Billion)
13. Global Automotive Radar Market by Intelligent Park Assist,2016–2026(USD Billion)
14. Global Automotive Radar Market by Forward Collision Warning System,2016–2026(USD Billion)
15. Global Automotive Radar Market by Other,2016–2026(USD Billion)
16. Global Automotive Radar Market Share by Vehicle Type,2019 and 2026 (USD Billion)
17. Global Automotive Radar Market by Passenger Cars,2016–2026(USD Billion)
18. Global Automotive Radar Market by Commercial Vehicles,2016–2026(USD Billion)
19. Global Automotive Radar Market Share by Range,2019 and 2026 (USD Billion)
20. Global Automotive Radar Market by Long Range RADAR,2016–2026(USD Billion)
21. Global Automotive Radar Market by Short & Medium Range RADAR,2016–2026(USD Billion)
22. Global Automotive Radar Market Share by Frequency,2019 and 2026 (USD Billion)
23. Global Automotive Radar Market by 24 GHz,2016–2026(USD Billion)
24. Global Automotive Radar Market by 77 GHz,2016–2026(USD Billion)
25. Global Automotive Radar Market by 79 GHz,2016–2026(USD Billion)
26. Global Automotive Radar Market share, by Region, 2019 and 2026
27. North America Automotive Radar Market, 2016–2026(USD Billion)
28. Europe Automotive Radar Market, 2016–2026(USD Billion)
29. Asia Pacific Automotive Radar Market, 2016–2026(USD Billion)
30. Latin America Automotive Radar Market, 2016–2026(USD Billion)
31. The Middle East and Africa Automotive Radar Market, 2016–2026(USD Billion)
List of Tables
1. Global Automotive Radar Market: snapshot
2. Drivers of the Automotive Radar Market: impact analysis
3. North America Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
4. North America Automotive Radar Market revenue, By Vehicle Type,2016–2026(USD Billion)
5. North America Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
6. North America Automotive Radar Market revenue, By Frequency,2016–2026(USD Billion)
7. The U.S. Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
8. The U.S. Automotive Radar Market revenue, By Range,2016–2026(USD Billion)
9. The U.S. Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
10. The U.S. Automotive Radar Market revenue, By Vehicle Type,2016–2026(USD Billion)
11. Rest of North America Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
12. Rest of North America Automotive Radar Market revenue, By Vehicle Type,2016–2026(USD Billion)
13. Rest of North America Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
14. Rest of North America Automotive Radar Market revenue, By Frequency,2016–2026(USD Billion)
15. Europe Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
16. Europe Automotive Radar Market revenue, By Vehicle Type,2016–2026(USD Billion)
17. Europe Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
18. Europe Automotive Radar Market revenue, By Frequency,2016–2026(USD Billion)
19. UK Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
20. UK Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
21. UK Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
22. UK Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
23. France Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
24. France Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
25. France Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
26. France Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
27. Germany Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
28. Germany Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
29. Germany Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
30. Germany Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
31. Rest of Europe Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
32. Rest of Europe Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
33. Rest of Europe Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
34. Rest of Europe Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
35. Asia Pacific Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
36. Asia Pacific Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
37. Asia Pacific Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
38. Asia Pacific Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
39. China Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
40. China Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
41. China Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
42. China Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
43. Japan Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
44. Japan Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
45. Japan Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
46. Japan Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
47. India Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
48. India Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
49. India Automotive Radar Market revenue, By Range 2016–2026(USD Billion)
50. India Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
51. Rest of Asia Pacific Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
52. Rest of Asia Pacific Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
53. Rest of Asia Pacific Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
54. Rest of Asia Pacific Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
55. Latin America Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
56. Latin America Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
57. Latin America Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
58. Latin America Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
59. Brazil Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
60. Brazil Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
61. Brazil Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
62. Brazil Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
63. Rest of Latin America Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
64. Rest of Latin America Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
65. Rest of Latin America Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
66. Rest of Latin America Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
67. The Middle East and Africa Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
68. The Middle East and Africa Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
69. The Middle East and Africa Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
70. The Middle East and Africa Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
71. Saudi Arabia Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
72. Saudi Arabia Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
73. Saudi Arabia Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
74. Saudi Arabia Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
75. South Africa Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
76. South Africa Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
77. South Africa Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
78. South Africa Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
79. Rest of the Middle East & Africa Automotive Radar Market revenue, By Application, 2016–2026(USD Billion)
80. Rest of the Middle East & Africa Automotive Radar Market revenue, By Vehicle Type, 2016–2026(USD Billion)
81. Rest of the Middle East & Africa Automotive Radar Market revenue, By Range, 2016–2026(USD Billion)
82. Rest of the Middle East & Africa Automotive Radar Market revenue, By Frequency, 2016–2026(USD Billion)
Request the coronavirus impact analysis across industries and markets
The key growth drivers that will leverage the business space include surge in the number of vehicle accidents and escalating need for safe mobility of vehicles.
The CAGR of the industry is expected to be nearly 21.5% during the forecast timeline.
European region will contribute lucratively towards the global market value over the estimated timeline.
The key market players include Continental AG, Texas Instruments Inc., Robert Bosch GmbH, DENSO Corp., Infineon Technologies AG, Valeo SA, Autoliv Inc., and HELLA KGaA Hueck & Co.
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