Automotive RADAR consists of receiver and transmitter that is used to locate the objects in the vehicle’s surrounding. The transmitter sends out radio signals that hit the target and bounce back to the receiver. By measuring the time taken by the signal to reflect back used to measure the speed, distance, and direction of the target object. There are generally three types of RADAR systems used for automotive application that are short range, medium range, and long range. Different range of RADARs have different application such as long range used for measuring speed and distance, medium range for detecting objects within field of view, and short range for sensing objects – for example parking assistance.
Precedence Research recently published a report on “Automotive RADAR Market Size, Share and Growth Analysis, By Frequency (24 GHz, 77 GHz, and 79GHz), By Range (Short & Medium Range RADAR (S&MRR) and Long Range RADAR (LRR), By Vehicle Type (Commercial Vehicle and Passenger Vehicle), By Application (Autonomous Emergency Braking (AEB), Adaptive Cruise Control (ACC), Forward Collision Warning System, Intelligent Park Assist, Blind Spot Detection (BSD), and Others) – Global Industry Analysis, Trends, Regional Outlook and Forecasts 2020 – 2027”. Amid the COVID-19 crisis, the global automotive RADAR market size is projected to reach USD 8.30 billion by 2027 from an estimated USD 3.50 billion in 2019, at a CAGR of 11.4% during the forecast period 2020 – 2027.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2016 to 2027. This research report evaluates automotive RADAR market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global automotive RADAR market for the period from 2016 to 2027. This research study offers historic data for years 2016 to 2027 along with a forecast from 2020 to 2027 based on value.
Scope of the Study
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, product, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Market Estimations:
| Market Was Valued In 2019 | US$ 3.50 Billion |
| Market Is Projected To Grow By 2027 | US$ 8.30 Billion |
| Compound Annual Growth Rate (CAGR): | 11.4 Percent |
Growth Factors
Stringent norms along with favorable initiatives for the adoption of RADAR system for promotion of vehicle safety system drive the market growth for automotive RADAR system. In addition, declining prices of automotive electronic products along with advancements in automotive technology are likely to propel the demand for automotive RADAR. The implementation of RADAR technology in automotive sector boosts its safety by accurate detection of the objects surrounding the vehicle. World Health Organization (WHO) has declared that if the vehicle safety standards were not improved by 2030, road accidents will be the seventh major cause for death across the world. Approximately 90% of the road traffic crashes happen in developing nations that accounts for 54% of the total vehicle population across the globe. Thus, manufacturers find magnificent opportunity to flourish in these regions.
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Report Highlights
Regional Snapshots
Europe dominated the global automotive RADAR market in 2019 with significant revenue share. The region is the automotive hub and home for several automotive giants. Germany held nearly 70% of shares in the production of global premium vehicles. Furthermore, significant adoption of green mobility and electric vehicles in the region boosts the demand for automotive RADARs. However, the Asia Pacific expected to register the rapid growth rate over the forecast period owing to significant adoption of green revolution across various industries including transportation & mobility along with increased consumer awareness related to environment degradation.
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the automotive RADAR market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the automotive RADAR market include:
Segments Covered in the Report
This research report includes complete assessment of the market with the help of extensive qualitative and quantitative insights, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2016 to 2027. This report includes global automotive RADAR market segmentation and its revenue estimation by classifying iton the basis of frequency, range, vehicle type, application, and region:
By Frequency
By Range
By Vehicle Type
By Application
By Regional Outlook
Key Takeaways
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Automotive RADAR Market, By Frequency
7.1. Automotive RADAR Market, by Frequency Type, 2020-2027
7.1.1. 24 GHz
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. 77 GHz
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. 79GHz
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Automotive RADAR Market, By Range
8.1. Automotive RADAR Market, by Range, 2020-2027
8.1.1. Short & Medium Range RADAR (S&MRR)
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Long Range RADAR (LRR)
8.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Automotive RADAR Market, By Vehicle Type
9.1. Automotive RADAR Market, by Vehicle Type, 2020-2027
9.1.1. Commercial Vehicle
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Passenger Vehicle
9.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Automotive RADAR Market, By Application
10.1. Automotive RADAR Market, by Application, 2020-2027
10.1.1. Autonomous Emergency Braking (AEB)
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Adaptive Cruise Control (ACC)
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Forward Collision Warning System
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Intelligent Park Assist
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Blind Spot Detection (BSD)
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. Others ADAS Applications
10.1.6.1. Market Revenue and Forecast (2016-2027)
Chapter 11. Global Automotive RADAR Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.1.2. Market Revenue and Forecast, by Range (2016-2027)
11.1.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Range (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.2.2. Market Revenue and Forecast, by Range (2016-2027)
11.2.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Range (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Range (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Range (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.3.2. Market Revenue and Forecast, by Range (2016-2027)
11.3.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Range (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Range (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Range (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.4.2. Market Revenue and Forecast, by Range (2016-2027)
11.4.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Range (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Range (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Range (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Range (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Frequency (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Range (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Vehicle Type(2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)
Chapter 12. Company Profiles
12.1. Continental AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Autoliv Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. DENSO Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Delphi Automotive Company
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. NXP Semiconductors
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Texas Instruments
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Robert Bosch GmbH
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. ZF Friedrichshafen
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Valeo
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Analog
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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