Sale

Automotive Radar Market

Global Automotive Radar Market Size, Analysis, Forecast: By Range: Long Range Radar, Medium and Short-Range Radar; By Vehicle Type: Passenger Cars, Commercial Vehicles; By Application: Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Other ADAS Systems; Regional Analysis; Competitive Landscape; 2024-2032

Global Automotive Radar Market Outlook

The global automotive radar market size attained a value of approximately USD 5.21 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 16.80%, reaching a value of around USD 21.07 billion by 2032.

 

Global Automotive Radar Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing demand for premium vehicles, supported by improvements in road infrastructure and rising income, are bolstering the automotive radar market. Particularly for larger vehicles, automotive radar aids in increasing safety within the vehicle and also enhancing driver confidence in navigating rough terrain and heavy traffic. With the rising popularity of autonomous, the demand for automotive radars is expected to surge in the coming years. In automotive cars, the uses of multiple sensors that function in an integrated manner significantly aid in improving the safety and security of car driving. As automotive radar technology becomes more commonplace and costs reduce, increasing penetration is likely to be witnessed in emerging regions.

 

Growing Demand for Long-Range Automotive Radars to Bolster the Growth of the Automotive Radar Market

Based on range, the long-range radar segment accounts for a significant share of the market for automotive radars and is anticipated to witness a steady growth in the forecast period. Long-range radar systems use the 77 GHz band, which provides better accuracy and enhanced resolution in a smaller package. The market dynamics are anticipated to be augmented by the emergence of long-range radar systems as a standard feature in modern vehicles. Over the forecast period, the growing awareness about the greater comfort and the ameliorated safety offered by this type of system is likely to be a major driving factor in the automotive radar market growth. Furthermore, long-range automotive radar has the ability to detect objects located as far as 500 metre away from the vehicle which enables the driver to estimate objects in the range of the vehicle and act accordingly.

 

Global Automotive Radar Market Share by Region

At a regional level, Europe occupies a sizable share of the market for automotive radars, driven by the increasing number of manufacturers and suppliers of automotive radars with specific frequency variants. The market in the region is also bolstered by the increasing sales of automobiles, owing to the presence of major automobile manufacturers in Europe. Increasing efforts of governments in the region towards supporting automation of vehicles is expected to support the growth of the market for automotive radars in the forecast period. The market in the region will further be aided by rising disposable income and growing popularity of advanced automobiles among working people.

 

Automotive Radar: Market Segmentation

Automotive radar is defined as a device which is used to detect the speed and range of objects in the vicinity of the car. Transmitter and receiver are two integral and crucial components of an automotive radar. The transmitter sends out radio waves that hit an object which bounce back to the receiver.

 

Global Automotive Radar Market Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The automotive radar market segmentation based on range is:

  • Long Range Radar
  • Medium and Short-Range Radar

 

On the basis of vehicle type, the market is bifurcated into:

  • Passenger Cars
  • Commercial Vehicles

 

Based on application, the market is divided into:

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

 

The regional markets for automotive radar include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Automotive Radar Market Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Safety Concerns among Passengers to Boost the Growth of the Automotive Radar Market

The market for automotive radar is being driven by rising safety concerns among vehicle drivers and passengers, owing to the increasing cases of accidents and traffic congestion. Significant investments by major car manufacturers towards the upgradation of automobiles in order to augment the safety of commercial and passenger cars are the crucial automotive radar market trends. Favourable regulations of various governments in emerging economies, is likely to propel the market growth of automotive radar. Furthermore, the growing adoption of automotive radars by the military to bolster the safety of armoured vehicles is anticipated expand the market for automotive radar applications. Increasing advancements in armoured vehicles of sovereign military nations are other key trends in the market.

 

Key Players in the Global Automotive Radar Market

The report gives a detailed analysis of the following key players in the global automotive radar market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Continental AG
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Infineon Technologies AG
  • Veoneer, Inc.
  • Autoliv, Inc.
  • NXP Semiconductors
  • Valeo Group
  • ZF Friedrichshafen AG
  • Texas Instruments
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Range
  • Vehicle Type
  • Application
  • Region
Breakup by Range
  • Long Range Radar
  • Medium and Short-Range Radar
Breakup by Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
Breakup by Application
  • Adaptive Cruise Control (ACC)
  • Autonomous Emergency Braking (AEB)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning (FCW)
  • Intelligent Park Assist
  • Other ADAS Systems
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Continental AG
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Infineon Technologies AG
  • Veoneer, Inc.
  • Autoliv, Inc.
  • NXP Semiconductors
  • Valeo Group
  • ZF Friedrichshafen AG
  • Texas Instruments
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automotive Radar Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Radar Historical Market (2018-2023) 
    8.3    Global Automotive Radar Market Forecast (2024-2032)
    8.4    Global Automotive Radar Market by Range
        8.4.1    Long Range Radar
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Medium and Short-Range Radar
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
    8.5    Global Automotive Radar Market by Vehicle Type
        8.5.1    Passenger Cars
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Commercial Vehicles
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
    8.6    Global Automotive Radar Market by Application
        8.6.1    Adaptive Cruise Control (ACC)
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Autonomous Emergency Braking (AEB)
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Blind Spot Detection (BSD)
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Forward Collision Warning (FCW)
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Intelligent Park Assist
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
        8.6.6    Other ADAS Systems    
    8.7    Global Automotive Radar Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023) 
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023) 
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023) 
            8.7.3.3    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2023) 
            8.7.4.3    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2023) 
            8.7.5.3    Forecast Trend (2024-2032)
9    North America Automotive Radar Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032) 
10    Europe Automotive Radar Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Automotive Radar Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Automotive Radar Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Automotive Radar Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Continental AG
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Denso Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Hella KGaA Hueck & Co.  
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Infineon Technologies AG
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Veoneer, Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Autoliv, Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    NXP Semiconductors
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Valeo Group
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    ZF Friedrichshafen AG
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Texas Instruments
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Automotive Radar Market: Key Industry Highlights, 2018 and 2032
2.    Global Automotive Radar Historical Market: Breakup by Range (USD Billion), 2018-2023
3.    Global Automotive Radar Market Forecast: Breakup by Range (USD Billion), 2024-2032
4.    Global Automotive Radar Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
5.    Global Automotive Radar Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
6.    Global Automotive Radar Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Automotive Radar Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Automotive Radar Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Automotive Radar Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Automotive Radar Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Automotive Radar Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Automotive Radar Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Automotive Radar Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Automotive Radar Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Automotive Radar Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Automotive Radar Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Automotive Radar Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Automotive Radar Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Automotive Radar Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Automotive Radar Market Structure

Key Questions Answered in the Report

In 2023, the global market for automotive radars attained a value of approximately USD 5.21 billion.

The market is projected to grow at a CAGR of 16.80% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 21.07 billion by 2032.

The major drivers of the market include growing concerns about the safety and security of passengers, increasing sales of automobiles in emerging economies, and the rising cases of road accidents.

Favourable policies of various governments aimed towards improving the safety of passengers, growing traffic congestion and theft, and rising investments by the major car manufacturers to upgrade safety of existing models are expected to be the key trends guiding the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Long range radar, and medium and short-range radar are the significant ranges of automotive radar in the market.

Passenger cars and commercial vehicles are the leading vehicle types in the market for automotive radar.

Adaptive cruise control (ACC), autonomous emergency braking (AEB), blind spot detection (BSD), forward collision warning (FCW), intelligent park assist, and other ADAS systems, are the various applications of automotive radar in the market.

The major players in the market are Continental AG, Denso Corporation, Hella KGaA Hueck & Co., Infineon Technologies AG, Veoneer, Inc., Autoliv, Inc., NXP Semiconductors, Valeo Group, ZF Friedrichshafen AG, and Texas Instruments, among others.

Analyst Review

The global automotive radar market attained a value of approximately USD 5.21 billion in 2023, driven by the growing concerns about the safety and security of passengers. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 16.80%. The market is projected to reach a value of around USD 21.07 billion by 2032.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on range, the market is divided into long range radar, and medium and short-range radar. On the basis of vehicle type, the market is divided into passenger cars and commercial vehicles. The significant applications of automotive radars in the market include adaptive cruise control (ACC), autonomous emergency braking (AEB), blind spot detection (BSD), forward collision warning (FCW), intelligent park assist, and other ADAS systems. The major regional markets for automotive radar are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Continental AG, Denso Corporation, Hella KGaA Hueck & Co., Infineon Technologies AG, Veoneer, Inc., Autoliv, Inc., NXP Semiconductors, Valeo Group, ZF Friedrichshafen AG, and Texas Instruments, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER