Europe Market Insights on Automotive Radar: Insights and Forecast, 2019-2025

$2500$4900

Emphasis on Radar Range (Short Range Radar & Mid-Range Radar (S&MRR), Long Range Radar (LRR)), Applications(Adaptive Cruise Control, Autonomous Emergency Braking, Intelligent Parking Systems, Blind Spot Detection, Collision Mitigation System, Others)

Published:

Aug-2019

Pages:

156

Table:

69

Figure:

91

Report ID:

UMAU19162

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Europe automotive radar market was valued at US$ 984.83 Million in 2018 and is anticipated to reach US$ XX Million by 2025 displaying explosive CAGR of XX% over the forecast period (2019-2025). Europe is recognized as the birthplace of motor cars. Car production in the European region is not a new concept, with the automotive industry being one of the oldest sources of exports and employment. The strong foothold in the market is mainly attributed to the presence of considerable number of automotive OEM’s in the region, which is escalating the overall demand for automotive related technologies, including automotive radar system in the European countries. The region has witnessed high demands for premium car compared to other segment vehicles, which is increasing the demand and adoption of ADAS and radar system in the region.

Moreover, mandate legislation imposed by the European commission and rating awarded by Euro New Car Assessment Programme (NCAP) is further considered to be influencing the growth of the market. In addition, especially for radar, European Commission has mandated a “permanent” band at 79 GHz and is required to be made available in all EU member states, which is regarded as the foundation for the future development of the automotive radar market. However, factors such as high vehicle manufacturing cost and ban on use of radar detectors in some of the European countries are hampering the market.

Europe Automotive Radar Market Size, by Frequency Band, 2018-25 (US$ Mn)

 

“Short and medium range radar is expected to dominate automotive radar market during the analyzed period.”

Based on range of the radar, the market is segment in Short Range Radar and Medium Range Radar and Long-Range Radar. In 2018, short and medium range radar held the maximum revenue share and the same is expected to follow during the forecast period (2019-2025).

“Amongst applications, adaptive cruise control tends to conquer the market during the forecast period.”

Europe automotive radar market is also categorized based on their application areas that include Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Intelligent Parking System (IPS), Blind Spot Detection (BSD), Collision Mitigation System (CMS) and others. Among such applications, adaptive cruise control held the largest market share of the global automotive radar market, followed by blind spot detection and others.

“Amongst frequency band, 2X GHz radar occupied the major market during the forecast period.”

Based on different frequency band, the Europe automotive radar market is fragmented in 2X GHz and 7X GHz. In 2018, 2X GHz radar held the maximum market share however due to increase in demand of 7X GHz radar, they are anticipated to be the fastest growing and largest market by 2025.

“Amongst vehicle type, passenger cars ruled the automotive radar market during the forecast period.”

The study also analyses the Europe automotive radar market across different vehicle types that includes passenger vehicles, luxury vehicles and commercial vehicles. Among different vehicle types, passenger cars held the maximum share in 2018, however due to increase in demand of radar system in high end vehicles, the luxury vehicles segment is anticipated to be the fastest growing market segment growing at a CAGR of XX% during the forecast period (2019-2025).

“Germany represents itself as one of the largest regions in terms of revenue sales for Europe automotive radar market.”

A country level segmentation for Europe automotive radar market is also incorporated in the study. The segment includes the major countries such as Germany, France, the U.K, Spain, Russia, Italy and rest of Europe. Germany dominated the market in 2018 and was valued at US$ XX million, followed by the U.K and France. The presence of major automotive OEMS, component manufacturers and favorable regulatory environment are some of the major factors attributed to the Germany’s dominance in European automotive radar market.

Competitive Landscape-Top 10 Market Players

Some of the major players profiled in the report include Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive Plc, Infineon Technologies AG, NXP Semiconductors NV, Valeo SA, Analog Devices Inc., Hella KGaA Hueck and Co, and Texas Instruments Inc.

Reasons to buy:

  • Current and future market size from 2018 to 2025 in terms of value (US$)
  • Combined analysis of deep dive secondary research and input from primary research through Key Opinion Leader of the industry
  • A quick review of overall industry performance at a glance
  • An In-depth analysis of key industry players
  • A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments and sub-segments of automotive radar
  • Countries Covered: Germany, United Kingdom, France, Italy, Russia, Spain

Customization Options:

The Europe Automotive Radar Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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  1.1Market Definition
  1.2Objective of the Study
  1.3Limitation 
  1.4Stakeholders 
  1.5Currency used in the Report
  1.6Scope of the Europe Automotive Radar Market Study

 

  2.1Research Methodology for Europe Automotive Radar Market Study
   2.1.1Main objective of the Europe Automotive Radar Market Study

 

  3.1General Overview
   3.1.1European Commission Regulation for Automotive Radar
   3.1.2Germany Regulation for Automotive Radar
   3.1.3United Kingdom Regulation for Automotive Radar
   3.1.4Spain Regulation for Automotive Radar
   3.1.5Russia Regulation for Automotive Radar
  6.1Introduction 
  6.2Market Dynamics
   6.2.1Market Drivers
    6.2.1.1Regulatory Framework of European Commission
    6.2.1.2Growing Safety Awareness & Increasing deployment of ADAS features
    6.2.1.3Germany; Premium Market Hub
   6.2.2Market Restraints
    6.2.2.1Usage of RADAR Detectors Considered as illegal in Some Countries
    6.2.2.2High Vehicle Manufacturing Cost
   6.2.3Opportunities in the Market
    6.2.3.1Prospect for Automakers & Equipment Manufacturers
    6.2.3.2High Tech Engineering & Infrastructure Capabilities
  7.1General Overview
   7.1.1Demand Side Analysis
   7.1.2Supply Side Analysis
    7.1.2.1.1Product Launches
    7.1.2.1.2Strategic Alliance
    7.1.2.1.3Business Expansions
    7.1.2.1.4Merger& Acquisitions
    7.1.2.1.5Major Investments
  8.1General Overview
   8.1.1Short Range Radar & Mid-Range Radar (S&MRR)
   8.1.2Long Range Radar (LRR)
  9.1General Overview
   9.1.1Adaptive Cruise Control
   9.1.2Autonomous Emergency Braking
   9.1.3Intelligent Parking Systems
   9.1.4Blind Spot Detection
   9.1.5Collision Mitigation System
   9.1.6Others Applications
  10General Overview
   10.1.12X-GHz 
   10.1.27X-GHz

 

  11General Overview
   11.1.1Passenger Vehicle
   11.1.2Luxury Vehicles
   11.1.3Commercial Vehicles
  12Europe Automotive Radar Market
   12.1.1Europe Automotive Radar market, by Country
    12.1.1.1Germany Automotive Radar Market
     12.1.1.1.1Germany Automotive Radar Market, by Radar Range
     12.1.1.1.2Germany Automotive Radar Market, by Application
     12.1.1.1.3Germany Automotive Radar Market, by Frequency Band
     12.1.1.1.4Germany Automotive Radar Market, by Vehicle Type
    12.1.1.2France Automotive Radar Market
     12.1.1.2.1France Automotive Radar Market, by Radar Range
     12.1.1.2.2France Automotive Radar Market, by Application
     12.1.1.2.3France Automotive Radar Market, by Frequency Band
     12.1.1.2.4France Automotive Radar Market, by Vehicle Type
    12.1.1.3United Kingdom Automotive Radar Market
     12.1.1.3.1United Kingdom Automotive Radar Market, by Radar Range
     12.1.1.3.2United Kingdom Automotive Radar Market, by Application
     12.1.1.3.3United Kingdom Automotive Radar Market, by Frequency Band
     12.1.1.3.4United Kingdom Automotive Radar Market, by Vehicle Type
    12.1.1.4Spain Automotive Radar Market
     12.1.1.4.1Spain Automotive Radar Market, by Radar Range
     12.1.1.4.2Spain Automotive Radar Market, by Application
     12.1.1.4.3Spain Automotive Radar Market, by Frequency Band
     12.1.1.4.4Spain Automotive Radar Market, by Vehicle Type
    12.1.1.5Russia Automotive Radar Market
     12.1.1.5.1Russia Automotive Radar Market, by Radar Range
     12.1.1.5.2Russia Automotive Radar Market, by Application
     12.1.1.5.3Russia Automotive Radar Market, by Frequency Band
     12.1.1.5.4Russia Automotive Radar Market, by Vehicle Type
    12.1.1.6Italy Automotive Radar Market
     12.1.1.6.1Italy Automotive Radar Market, by Radar Range
     12.1.1.6.2Italy Automotive Radar Market, by Application
     12.1.1.6.3Italy Automotive Radar Market, by Frequency Band
     12.1.1.6.4Italy Automotive Radar Market, by Vehicle Type
    12.1.1.7Rest of Europe Automotive Radar Market
     12.1.1.7.1Rest of Europe Automotive Radar Market, by Radar Range
     12.1.1.7.2Rest of Europe Automotive Radar Market, by Application
     12.1.1.7.3Rest of Europe Automotive Radar Market, by Frequency Band
     12.1.1.7.4Rest of Europe Automotive Radar Market, by Vehicle Type

 

  13Europe Automotive Radar Market Share Analysis, 2018
  14Continental AG
   14.1.1Key Facts
   14.1.2Business Description
    14.1.2.1Overview of Continental Corporation and Key Figures
   14.1.3Key Product/Services Offerings
   14.1.4Growth Strategy
   14.1.5SWOT Analysis
   14.1.6Key Financials
    14.1.6.1Revenue Split
    14.1.6.2Financial Overview of Continental AG
   14.1.7Recent developments
    14.1.7.1Product Launches
    14.1.7.2Business Expansion & Investments
    14.1.7.3Merger & Acquisitions
  14Robert Bosch GmbH
   14.2.1Key Facts
   14.2.2Business Description
    14.2.2.1Highlights of 2018 Business Year
   14.2.3Key Product/Services Offerings
    14.2.3.1Robert Bosch Milestones Achieved
   14.2.4Growth Strategy
   14.2.5SWOT Analysis
   14.2.6Key Financials
    14.2.6.1Revenue Split
    14.2.6.2Financial Overview of Robert Bosch
   14.2.7Recent developments
    14.2.7.1Strategic Alliance
    14.2.7.2Business Expansion
  14Denso Corporation
   14.3.1Key Facts
   14.3.2Business Description
    14.3.2.1Global Network of the Company
   14.3.3Key Product/Services Offerings
   14.3.4Growth Strategy
   14.3.5SWOT Analysis
   14.3.6Key Financials
    14.3.6.1Revenue Split
    14.3.6.2Financial Overview of Denso Corporation
   14.3.7Recent developments
    14.3.7.1Product Launches
    14.3.7.2Business Expansion
    14.3.7.3Mergers & Acquisition
  14Delphi Automotive Plc
   14.4.1Key Facts
   14.4.2Business Description
   14.4.3Key Product/Services Offerings
   14.4.4Growth Strategy
   14.4.5SWOT Analysis
   14.4.6Key Financials
    14.4.6.1Revenue Split
    14.4.6.2Financial Overview of Delphi Automotive Plc
   14.4.7Recent developments
    14.4.7.1Strategic Alliance
    14.4.7.2Merger& Acquisitions
  15Infineon Technologies AG
   14.5.1Key Facts
   14.5.2Business Description
   14.5.3Key Product/Services Offerings
   14.5.4Growth Strategy
   14.5.5SWOT Analysis
   14.5.6Key Financials
    14.5.6.1Revenue Split
    14.5.6.2Financial Overview of Infineon Technologies
   14.5.7Recent developments
    14.5.7.1Product Launch
    14.5.7.2Strategic Alliance
    14.5.7.3Business Expansion& Investments
    14.5.7.4Merger& Acquisition
  15NXP Semiconductors NV
   14.6.1Key Facts
   14.6.2Business Description
   14.6.3Key Product/Services Offerings
   14.6.4Growth Strategy
   14.6.5SWOT Analysis
   14.6.6Key Financials
    14.6.6.1Revenue Split
    14.6.6.2Financial Overview of NXP Semiconductors
   14.6.7Recent developments
    14.6.7.1Product Launch
    14.6.7.2Strategic Alliance (Partnerships)
  15Valeo SA 
   14.7.1Key Facts
   14.7.2Business Description
   14.7.3Key Product/Services Offerings
   14.7.4Growth Strategy
   14.7.5SWOT Analysis
   14.7.6Key Financials
    14.7.6.1Revenue Split
    14.7.6.2Financial Overview of Valeo SA
   14.7.7Recent developments
    14.7.7.1Product Launch
    14.7.7.2Strategic Alliance (Partnerships)
    14.7.7.3Business Expansion
    14.7.7.4Merger & Acquisition
  15Analog Devices Inc.
   14.8.1Key Facts
   14.8.2Business Description
   14.8.3Key Product/Services Offerings
   14.8.4Growth Strategy
   14.8.5SWOT Analysis
   14.8.6Key Financials
    14.8.6.1Revenue Split
    14.8.6.2Financial Overview of Analog Devices
   14.8.7Recent developments
    14.8.7.1Product Launch
    14.8.7.2Strategic Alliance (Partnerships)
    14.8.7.3Merger & Acquisition
  15Hella KGaA Hueck and Co
   14.9.1Key Facts
   14.9.2Business Description
   14.9.3Key Product/Services Offerings
   14.9.4Growth Strategy
   14.9.5SWOT Analysis
   14.9.6Key Financials
    14.9.6.1Revenue Split
    14.9.6.2Financial Overview of Hella KGaA
   14.9.7Recent developments
    14.9.7.1Product Launch
    14.9.7.2Strategic Alliance (Partnerships)
    14.9.7.3Business Expansion
    14.9.7.4Merger & Acquisition
  14.10Texas Instruments Inc.
   14.10.1Key Facts
   14.10.2Business Description
   14.10.3Key Product/Services Offerings
   14.10.4Growth Strategy
   14.10.5SWOT Analysis
   14.10.6Key Financials
    14.10.6.1Revenue Split
    14.10.6.2Financial Overview of Texas Instruments
   14.10.7Recent developments
    14.10.7.1Product Launch

Research Methodology

Analysing historical market, estimation of the current market and forecasting the future market for European Automotive Radar technology were the three major steps involved in creating and analysing the overall adoption rate of Automotive Radar in major European countries. Exhaustive secondary research was conducted to collect the historical market of the technology and overall estimation of the current market. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across value chain of the European Automotive Radars market. After all the assumption, market sizing and validation of market numbers through primary interviews, top-down approach was employed to forecast the complete market size of the European Automotive Radar market. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyse the market size of segments and sub-segments of the European automotive radar market. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the European Automotive Radar Market through company internal sources such as annual report & financial statements, performance presentations, press releases, inventory records etc. and external sources including trade journals, news & articles, government publications, economic data, competitor publications, sector reports, regulatory bodies publications, safety standard organizations, third-party database and other creditable publications. For vehicle production and sales related data International Organization of Motor Vehicle Manufacturers was used.

Step 2: Market Segmentation:

After obtaining historical market size of the overall market, detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments of the European Automotive Radar Market. Major segments included in the report are sensor type, radar range, frequency bands, application, and vehicle type. Further analysis was also done for sub-segments of the major segments of the European Automotive Radar Market.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market of the European Automotive Radar technology. Factor analysis was conducted using dependent and independent variable such as the Changing vehicle safety regulation, increasing adoption of advanced driver assistance system (ADAS) technology and increasing number of radar sensors used per vehicle. Stringent government regulations, mandating rear-view camera system and lane departure warning technologies in vehicles which has also stimulated the growth of the automotive radar technology were considered while conducting the study. Historical trends of the European Automotive Radar Market and their year-on-year impact on the market size and share in the recent past was analyzed. Demand and supply side scenario was also thoroughly studied.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at current market size, key players in major applications and markets, market shares of these players, industry’s supply chain, and value chain of the industry. All the required percentage shares, splits, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weightage was assigned to different factors including drivers, restraints, and trends and opportunities available in the market. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up/Top-down was applied to arrive at the market forecast pertaining to 2025 for different segment and sub-segments in major European countries. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size of the European automotive radar technology, in terms of value (US$) and the overall rate of adoption of Automotive Radars technology in major European country
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in major applications and markets as well as market share of each players. Also, the growth strategies adopted by these players to compete in the ever-growing European automotive radar technology market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head etc.). Primary research findings were summarized, and statistical analysis was performed to prove the stated hypothesis. Input from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants

Market Engineering

Data triangulation technique was employed to complete the overall market engineering process and to arrive precise statistical numbers of each segment and sub-segment pertaining to the European Automotive Radar Market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of sensor type, radar range, frequency bands, application and vehicle type

Main objective of the Europe Automotive Radars Market Study

The current & future market trends of the European Automotive Radar market are pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market, providing a platform for the industrial participant to exploit the untapped market to benefit as first mover advantage. Other quantitative goal of the studies includes:

  • Analyse the current and forecast market size of European Automotive Radar Market in terms of value (US$)
  • Analyse the current and forecast market size of different segments and sub-segments of the European Automotive Radar technology. Segments included in the study are sensor type, radar range, frequency bands, application, and vehicle type
  • Define and describe the technologies and protocols used in Automotive Radar technology
  • Anticipate potential risk associated with the technology and customer and competitor analysis among others
  • Define and analysis of the government regulations for Automotive Radar in major European countries
  • Analyse the current and forecast market size of the European automotive radar market, in terms of value for major European countries including Germany, France, UK, Spain, Russia, Italy and Other Countries of Europe
  • Defile and analyse the competitive landscape of the European Automotive Radar market and the growth strategies adopted by the market players to sustain in the ever-growing market