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Global Radar Sensors Market: By Type: Imaging Radar, Non-Imaging Radar; By Range: Short-Range Radar Sensor, Medium-Range Radar Sensor, Long-Range Radar Sensor; By End User; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Radar Sensors Market Outlook

The global radar sensors market stood at a value of around USD 10.1 billion in 2020. The market is further expected to grow at a CAGR of 17.19% in the forecast period of 2021-2026 to attain a value of around USD 26.20 billion by 2026.

 

Growing Demand in the Automotive Sector to Catalyse the Growth of the Global Radar Sensors Industry

Based on end user, the automotive segment is predicted to account for a significant market share in the radar sensors industry. This increase can be attributed to the increased implementation of radar sensors in automobiles in order to reinforce the safety of the vehicle.

 

Global Radar Sensors Market

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The radar systems offer driver assistance facilities that help to mitigate the risk of collision by providing timely warnings along with adaptive cruise control. In addition, different radar sensors offer lane change assistance, blind-spot detection and also 360-degree surveillance through the use of short and mid-range radar sensors. Moreover, with the rapid technological advancements, self-driving vehicles are being developed, which is expected to propel the industry growth in the coming years.

 

North America to Possess a Significant Market Share in the Global Radar Sensors Industry

North America is estimated to hold a significant share of the radar sensors industry in the forecast period. This growth can be attributed to the growing investments to support technological advancements in the region. In addition, the rising disposable income levels, improved standards of living, and the developing automobile infrastructure are also significant factors leading to the industry growth. Moreover, the growing emphasis on the security and surveillance sector is also predicted to catalyse the demand for radar sensors in the region. Furthermore, the heightened adoption of radar sensors in the military sector is also expected to augment the market growth in the forecast period. For instance, the Federal Communications Commission of the United States recently announced their proposal to expand the use of short-range radar sensors in 57 to 64 GHz band, which would help avoid ‘hot car’ deaths, augment the IoT devices and aid with healthcare monitoring.

 

Radar Sensors: Industry Definition and Segmentation

Radar Sensors are conversion devices that facilitate the conversion of microwave echo signals into electrical signals. With the help of wireless sensing technology, radar sensors can detect motion by figuring out the object’s position, shape, characteristics, and trajectory. These sensors are not affected by light or darkness and can even look through the wall. In addition, radar sensors are increasingly used in military operations, security systems, automobiles, medical devices, and industrial applications, among others.

By type, the market is bifurcated into:

  • Imaging Radar 
  • Non-Imaging Radar

On the basis of range, the industry can be segmented into:

  • Short-Range Radar Sensors
  • Medium-Range Radar Sensors
  • Long-Range Radar Sensors

Based on end user, the market can be categorised into:

  • Automotive
  • Security and Surveillance
  • Industrial 
  • Environment and Weather Monitoring 
  • Traffic Monitoring 
  • Others

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

 

Increased Application in IoT Devices to Bolster the Growth of the Global Radar Sensors Industry

The increased pace of digitalisation across the globe is estimated to catalyse the demand for radar sensors across various industries. Consumers are increasingly utilising IoT devices and smart technology, which comprise radar sensors. For instance, security systems and automatic doors, among others, make use of the motion detection technology offered by the radar sensors to detect any movement. In addition, these radar sensors are small in size and can offer accurate and precise information. Moreover, smartphones such as Google Pixel smartphones come with radar sensors that allow swipe features and reduce energy wastage by automatically switching the screen off when the user is away from the phone. Furthermore, the heightened application of radar sensors in security and surveillance operations is also predicted to drive the market growth in the coming years.

 

Key Industry Players in the Global Radar Sensors Market

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

  • Robert Bosch GmbH
  • Continental AG
  • DENSO Corporation
  • Hella KGaA Heuck & Co.
  • Infineon Technologies AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Range, End User, Region
Breakup by Type Imaging Radar, Non-Imaging Radar
Breakup by Range Short-Range Radar Sensor, Medium-Range Radar Sensor, Long-Range Radar Sensor
Breakup by End User Automotive, Security and Surveillance, Industrial, Environment and Weather Monitoring, Traffic Monitoring, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Robert Bosch GmbH, Continental AG, DENSO Corporation, Hella KGaA Hueck & Co., Infineon Technologies AG, 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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Radar Sensors Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Radar Sensors Historical Market (2016-2020) 
    8.3    Global Radar Sensors Market Forecast (2021-2026)
    8.4    Global Radar Sensors Market by Type
        8.4.1    Imaging Radar
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Non-Imaging Radar
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Radar Sensors Market by Range
        8.5.1    Short-Range Radar Sensor
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Medium-Range Radar Sensor
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Long-Range Radar Sensor
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Radar Sensors Market by End User
        8.6.1    Automotive
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Security and Surveillance
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Environment and Weather Monitoring
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Traffic Monitoring
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Others
    8.7    Global Radar Sensors Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
    12.2.1    Robert Bosch GmbH
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Continental AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    DENSO Corporation
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Hella KGaA Hueck & Co.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Infineon Technologies AG
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Radar Sensors Market: Key Industry Highlights, 2016 and 2026
2.    Global Radar Sensors Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Radar Sensors Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Radar Sensors Historical Market: Breakup by Range (USD Billion), 2016-2020
5.    Global Radar Sensors Market Forecast: Breakup by Range (USD Billion), 2021-2026
6.    Global Radar Sensors Historical Market: Breakup by End User (USD Billion), 2016-2020
7.    Global Radar Sensors Market Forecast: Breakup by End User (USD Billion), 2021-2026
8.    Global Radar Sensors Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Radar Sensors Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Radar Sensors Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Radar Sensors Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Radar Sensors Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Radar Sensors Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Radar Sensors Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Radar Sensors Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Radar Sensors Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Radar Sensors Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Radar Sensors Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Radar Sensors Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Radar Sensors Market Structure

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