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Global Radar Detector Market Analysis, Trends, Forecast: By Type: Cordless, Corded, Remote Mount; By Wavelength: X-Band, K-Band, Ka-Band, Ku-Band, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Radar Detector Market Outlook
The global radar detector market attained a value of USD 386.36 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.2% to reach USD 561.09 billion by 2032.
The Cordless Segment to Account for a Substantial Market Share of the Global Radar Detector Industry
Based on type, the cordless segment is projected to account for a substantial share of the global radar detector industry, as cordless radar detectors are portable, easy to operate, and convenient to use in various types of vehicles. Another advantage of adopting cordless radar detectors is their long-range protection against radar and laser speed guns and less power consumption.
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Furthermore, the demand for these detectors is being spurred by the need to reduce the number of accidents, as well as the convenience with which drivers can avoid exceeding their vehicle's speed limit. Moreover, many manufacturers are investing in R&D activities to reduce size and cost and increase the functionality and reliability of cordless radar detectors. Therefore, these benefits are expected to bolster the growth of the segment.
North America Accounts for a Significant Share in the Radar Detector Industry
Geographically, North America accounts for a significant share in the industry and is expected to continue to do so during the forecast period. Due to the increased prevalence of accidents as well as to avoid licence suspension and penalty, the region's market is expected to expand. Furthermore, North American law enforcement agencies use three radar frequencies: K-band, which runs between 24.05 and 24.25 GHz, X-band, which operates between 10.5 and 10.55 GHz, and Ka-band, which operates between 33.4 and 36 GHz. Meanwhile, the favourable government initiatives in Asian countries like China and India are expected to drive the demand for radar detectors in the forecast period. Thus, the positive GDP estimates, coupled with government attempts to improve vehicle safety and security, are expected to drive the growth of the market in the Asia Pacific.
Radar Detector: Market Segmentation
A radar detector is an electrical device that motorists use to identify whether their speed is being tracked by police or law enforcement using a radar gun. Most radar detectors are employed so that the driver can slow down before being penalised for speeding. The detectors are simple to install and use. In many instances, a radar detector equipped with a laser shifter can offer safety. Some detectors use GPS, which eliminates false alarms.
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By type, the market is divided into:
- Cordless
- Corded
- Remote Mount
Based on wavelength, the industry can be segmented into:
- X-Band
- K-Band
- Ka-Band
- Ku-Band
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Need to Prevent Road Accidents and Enhance Safety to Bolster the Growth of the Radar Detector Industry
The global radar detector industry is being driven by the increased demand for high-speed vehicles and the prevalence of road accidents, which have become more common in recent years. As a result, radar sensors are used by police and law enforcement agencies to limit a vehicle's speed. Furthermore, car owners utilise these radar detectors to obtain information about police radar guns, which aids in the reduction of accidents. In addition, the adoption of advanced solutions with GPS and artificial intelligence assist in false alarm alert systems to get accurate and real time information, which is projected to drive the growth of the radar detector industry in the forecast period.
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Key Industry Players in the Global Radar Detector Market
The report gives a detailed analysis of the following key players in the global radar detector market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Axis Communication AB
- Beltronics
- Cedar Electronics
- GENEVO s.r.o.
- K40 Electronics
- Radenso
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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- Type, Wavelength, Region |
| Breakup by Type | Cordless, Corded, Remote Mount |
| Breakup by Wavelength | X-Band, K-Band, Ka-Band, Ku-Band, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Axis Communication AB, Beltronics, Cedar Electronics, GENEVO s.r.o., K40 Electronics, Radenso, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Radar Detector Market Analysis
8.1 Key Industry Highlights
8.2 Global Radar Detector Historical Market (2018-2023)
8.3 Global Radar Detector Market Forecast (2024-2032)
8.4 Global Radar Detector Market by Type
8.4.1 Cordless
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Corded
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Remote Mount
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Radar Detector Market by Wavelength
8.5.1 X-Band
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 K-Band
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Ka-Band
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Ku-Band
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Radar Detector Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Radar Detector Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Radar Detector Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Radar Detector Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Radar Detector Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Radar Detector Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 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 Axis Communication AB
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 Beltronics
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 Cedar Electronics
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 GENEVO s.r.o.
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 K40 Electronics
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 Radenso
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 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Radar Detector Market: Key Industry Highlights, 2018 and 2032
2. Global Radar Detector Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Radar Detector Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Radar Detector Historical Market: Breakup by Wavelength (USD Billion), 2018-2023
5. Global Radar Detector Market Forecast: Breakup by Wavelength (USD Billion), 2024-2032
6. Global Radar Detector Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Radar Detector Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Radar Detector Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Radar Detector Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Radar Detector Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Radar Detector Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Radar Detector Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Radar Detector Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Radar Detector Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Radar Detector Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Radar Detector Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Radar Detector Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Radar Detector Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 386.36 billion.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 561.09 billion by 2032.
The major drivers of the industry, such as the increasing incidences of road accidents, growing efforts to enhance road safety, and the implementation of various government policies for vehicle safety and security, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different product types are cordless, corded, and remote mount.
On the basis of wavelength, the industry can be segmented into X- band, K-band, Ka- band, Ku-band, and others.
The major players in the industry are Axis Communication AB, Beltronics, Cedar Electronics, GENEVO s.r.o., K40 Electronics, Radenso, and others.
Analyst Review
The global radar detector market attained a value of USD 386.36 billion in 2023, driven by the increasing incidences of car crash accidents and the implementation of various government policies to improve road safety and security. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.2%. The market is projected to reach USD 561.09 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into cordless, corded, and remote mount. By wavelength, the industry can be segmented into into X- band, K-band, Ka- band, Ku-band, and others. The major regional markets for radar detector are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Axis Communication AB, Beltronics, Cedar Electronics, GENEVO s.r.o., K40 Electronics, and Radenso, 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.
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