Global Market Insights on Automotive Radar: Insights and Forecast (2018-2024)

$4999$8699

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:

Sep-2018

Pages:

222

Table:

40

Figure:

189

Report ID:

UMAU18101

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Automotive radar is defined as distance sensors which are used to locate objects around the vehicle’s proximity. Road traffic crashes have become a major global challenge. Every year millions of people are known to die in road accidents and get seriously injured. This led to the development of significant technology of road safety. The automotive radar technology has been identified as an imperative technique to improve road safety and enhance driving experience. This technology is being widely adopted in passenger cars and commercial vehicle across the globe. Radar is a method of using radio waves which is used to determine the angle, range, and relative speed of objects across its vicinity. In today’s vehicle safety systems, radars is used in conjunction with cameras, infrared, ultrasonic and other technologies to acquire information about the vehicle’s surroundings. With this information these system can determine a particular driving situation and warn the driver in potential dangerous event. It can also command the vehicle on its own and reduce the accident’s severity. These features have brought a new revolution in driving experience which has shifted the trend of advanced driver assistance system (ADAS) to automated driving or auto pilot. Changing vehicle safety regulation, increase in adoption of advanced driver assistance system (ADAS) technology and increasing number of radar sensors used per vehicle are the major growth drivers of the market. 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 market in several countries. In addition, growing adoption of ADAS technology across mid-priced and premium segment vehicle has further fueled the growth of the market on a global scale. However, increase in the overall cost of vehicle and illegalities of radar detectors in some countries are restricting the market growth.

Insights Presented in the Report:

  • On the basis of range of the radar, the market is segment in Short Range Radar and Medium Range Radar and Long Range Radar. In 2017, short and medium range radar held the maximum revenue share and the same is expected to follow during the forecast period (2018-2024).
  • Global 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.
  • Based on different frequency band, the global automotive radar market is fragmented in 2X GHz and 7X GHz. In 2017, 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 2024.
  • The study also analyses the global 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 2017, 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 23.3% during the forecast period (2018-2024).
  • To analyse the growth potential of the automotive radar industry the report is further analyzed based on different geographies and countries including North America (U.S., Canada, Mexico and rest of North America), Europe (Germany, France, U.K., Russia, Italy, Spain and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Taiwan and rest of Asia-Pacific), Latin America (Brazil, Argentina, Chile and rest of Latin America) and Middle East and Africa ( UAE, KSA, Algeria, Kuwait, Egypt, Qatar and rest of MENA). In 2016, North America was the largest market in value terms, owing to the stringent safety regulations in the region. Increased awareness towards safety features has also fuelled the demand in the region. The European region is estimated to be the largest market for automotive radar during the forecast period. Substantial build up in this market is mainly due to the adoption of advanced technologies and stringent vehicle safety regulation.

Top Companies Profiled:

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 the Report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
  • Detailed examination on 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
  • Deep dive regional level analysis of the industry

Customization Options:

The Global 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
 2.1General Overview        
  2.1.1European Commission Regulation for Automotive Radar    
  2.1.2Germany Regulation for Automotive Radar     
  2.1.3United States Regulation for Automotive Radar    
  2.1.4United Kingdom Regulation for Automotive Radar    
  2.1.5Emirates Regulation for Automotive Radar
 3.1Secondary Data        
  3.1.1Key Secondary Sources       
 3.2Primary Data        
  3.2.1Sampling Techniques & Data Collection Methods    
  3.2.2Primary Participants
 6.1Introduction        
  6.1.1Automotive Radar Market      
 6.2Market Dynamics        
  6.2.1Market Drivers       
   6.2.1.1Rising Government Regulation for Vehicle Safety   
   6.2.1.2Surging Adoption of ADAS by OEM’s    
   6.2.1.3Stimulating Demand for Luxury Segment Vehicles   
   6.2.1.4Surge in Number of RADAR Sensors Used Per Vehicle   
  6.2.2Market Restraints       
   6.2.2.1Usage of RADAR Detectors Considered as Illegal in Some Countries  
   6.2.2.2Rise in the Overall Cost of the Vehicle    
  6.2.3Opportunities in the Market      
   6.2.3.1Rising Interest & Funding Towards Autonomous Cars   
   6.2.3.2Low Penetration in developing markets    
 6.3Key Market Indicators (Demand & Supply scenario)     
  6.3.1Demand and Supply Side Analysis
 7.1General Overview        
  7.1.1Millimetre Wave Radar       
  7.1.2Ultrasonic Radar       
  7.1.3LiDAR        
  7.1.4Camera
 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
 10.1General Overview        
  10.1.124-GHz        
  10.1.277-GHz
 11.1General Overview        
  11.1.1Passenger Vehicle       
  11.1.2Luxury Vehicles       
  11.1.3Commercial Vehicles
 12.1General Overview        
 12.2North America Automotive Radar Market      
  12.2.1North America Automotive Radar Market, by Sensor Type   
  12.2.2North America Automotive Radar Market, by Radar Range   
  12.2.3North America Automotive Radar Market, by Application   
  12.2.4North America Automotive Radar Market, by Frequency Band   
  12.2.5North America Automotive Radar Market, by Vehicle Type   
  12.2.6North America Automotive Radar market, by Country    
   12.2.6.1United States Automotive Radar Market    
    12.2.6.1.1United States Automotive Radar Market, by Sensor Type 
    12.2.6.1.2United States Automotive Radar Market, by Radar Range 
    12.2.6.1.3United States Automotive Radar Market, by Application 
    12.2.6.1.4United States Automotive Radar Market, by Frequency Band 
    12.2.6.1.5United States Automotive Radar Market, by Vehicle Type 
   12.2.6.2Canada Automotive Radar Market     
    12.2.6.2.1Canada Automotive Radar Market, by Sensor Type  
    12.2.6.2.2Canada Automotive Radar Market, by Radar Range  
    12.2.6.2.3Canada Automotive Radar Market, by Application  
    12.2.6.2.4Canada Automotive Radar Market, by Frequency Band 
    12.2.6.2.5Canada Automotive Radar Market, by Vehicle Type  
   12.2.6.3Mexico Automotive Radar Market     
    12.2.6.3.1Mexico Automotive Radar Market, by Sensor Type  
    12.2.6.3.2Mexico Automotive Radar Market, by Radar Range  
    12.2.6.3.3Mexico Automotive Radar Market, by Application  
    12.2.6.3.4Mexico Automotive Radar Market, by Frequency Band 
    12.2.6.3.5Mexico Automotive Radar Market, by Vehicle Type  
   12.2.6.4Rest of North America Automotive Radar Market   
    12.2.6.4.1Rest of NA Automotive Radar Market, by Sensor Type 
    12.2.6.4.2Rest of NA Automotive Radar Market, by Radar Range 
    12.2.6.4.3Rest of NA Automotive Radar Market, by Application 
    12.2.6.4.4Rest of NA Automotive Radar Market, by Frequency Band 
    12.2.6.4.5Rest of NA Automotive Radar Market, by Vehicle Type 
 12.3Europe Automotive Radar Market       
  12.3.1Europe Automotive Radar Market, by Sensor Type    
  12.3.2Europe Automotive Radar Market, by Radar Range    
  12.3.3Europe Automotive Radar Market, by Application    
  12.3.4Europe Automotive Radar Market, by Frequency Band    
  12.3.5Europe Automotive Radar Market, by Vehicle Type    
  12.3.6Europe Automotive Radar market, by Country     
   12.3.6.1Germany Automotive Radar Market     
    12.3.6.1.1Germany Automotive Radar Market, by Sensor Type 
    12.3.6.1.2Germany Automotive Radar Market, by Radar Range 
    12.3.6.1.3Germany Automotive Radar Market, by Application  
    12.3.6.1.4Germany Automotive Radar Market, by Frequency Band 
    12.3.6.1.5Germany Automotive Radar Market, by Vehicle Type 
   12.3.6.2France Automotive Radar Market     
    12.3.6.2.1France Automotive Radar Market, by Sensor Type  
    12.3.6.2.2France Automotive Radar Market, by Radar Range  
    12.3.6.2.3France Automotive Radar Market, by Application  
    12.3.6.2.4France Automotive Radar Market, by Frequency Band 
    12.3.6.2.5France Automotive Radar Market, by Vehicle Type  
   12.3.6.3United Kingdom Automotive Radar Market    
    12.3.6.3.1UK Automotive Radar Market, by Sensor Type  
    12.3.6.3.2UK Automotive Radar Market, by Radar Range  
    12.3.6.3.3UK Automotive Radar Market, by Application  
    12.3.6.3.4UK Automotive Radar Market, by Frequency Band  
    12.3.6.3.5UK Automotive Radar Market, by Vehicle Type  
   12.3.6.4Spain Automotive Radar Market     
    12.3.6.4.1Spain Automotive Radar Market, by Sensor Type  
    12.3.6.4.2Spain Automotive Radar Market, by Radar Range  
    12.3.6.4.3Spain Automotive Radar Market, by Application  
    12.3.6.4.4Spain Automotive Radar Market, by Frequency Band 
    12.3.6.4.5Spain Automotive Radar Market, by Vehicle Type  
   12.3.6.5Russia Automotive Radar Market     
    12.3.6.5.1Russia Automotive Radar Market, by Sensor Type  
    12.3.6.5.2Russia Automotive Radar Market, by Radar Range  
    12.3.6.5.3Russia Automotive Radar Market, by Application  
    12.3.6.5.4Russia Automotive Radar Market, by Frequency Band 
    12.3.6.5.5Russia Automotive Radar Market, by Vehicle Type  
   12.3.6.6Italy Automotive Radar Market     
    12.3.6.6.1Italy Automotive Radar Market, by Sensor Type  
    12.3.6.6.2Italy Automotive Radar Market, by Radar Range  
    12.3.6.6.3Italy Automotive Radar Market, by Application  
    12.3.6.6.4Italy Automotive Radar Market, by Frequency Band  
    12.3.6.6.5Italy Automotive Radar Market, by Vehicle Type  
   12.3.6.7Rest of Europe Automotive Radar Market    
    12.3.6.7.1Rest of Euro Automotive Radar Market, by Sensor Type 
    12.3.6.7.2Rest of Euro Automotive Radar Market, by Radar Range 
    12.3.6.7.3Rest of Euro Automotive Radar Market, by Application 
    12.3.6.7.4Rest of Euro Automotive Radar Market, by Frequency Band 
    12.3.6.7.5Rest of Euro Automotive Radar Market, by Vehicle Type 
 12.4Asia-Pacific Automotive Radar Market      
  12.4.1Asia-Pacific Automotive Radar Market, by Sensor Type    
  12.4.2Asia-Pacific Automotive Radar Market, by Radar Range    
  12.4.3Asia-Pacific Automotive Radar Market, by Application    
  12.4.4Asia-Pacific Automotive Radar Market, by Frequency Band   
  12.4.5Asia-Pacific Automotive Radar Market, by Vehicle Type    
  12.4.6Asia-Pacific Automotive Radar market, by Country    
   12.4.6.1China Automotive Radar Market     
    12.4.6.1.1China Automotive Radar Market, by Sensor Type  
    12.4.6.1.2China Automotive Radar Market, by Radar Range  
    12.4.6.1.3China Automotive Radar Market, by Application  
    12.4.6.1.4China Automotive Radar Market, by Frequency Band 
    12.4.6.1.5China Automotive Radar Market, by Vehicle Type  
   12.4.6.2Japan Automotive Radar Market     
    12.4.6.2.1Japan Automotive Radar Market, by Sensor Type  
    12.4.6.2.2Japan Automotive Radar Market, by Radar Range  
    12.4.6.2.3Japan Automotive Radar Market, by Application  
    12.4.6.2.4Japan Automotive Radar Market, by Frequency Band 
    12.4.6.2.5Japan Automotive Radar Market, by Vehicle Type  
   12.4.6.3India Automotive Radar Market     
    12.4.6.3.1India Automotive Radar Market, by Sensor Type  
    12.4.6.3.2India Automotive Radar Market, by Radar Range  
    12.4.6.3.3India Automotive Radar Market, by Application  
    12.4.6.3.4India Automotive Radar Market, by Frequency Band 
    12.4.6.3.5India Automotive Radar Market, by Vehicle Type  
   12.4.6.4Singapore Automotive Radar Market    
    12.4.6.4.1Singapore Automotive Radar Market, by Sensor Type 
    12.4.6.4.2Singapore Automotive Radar Market, by Radar Range 
    12.4.6.4.3Singapore Automotive Radar Market, by Application 
    12.4.6.4.4Singapore Automotive Radar Market, by Frequency Band 
    12.4.6.4.5Singapore Automotive Radar Market, by Vehicle Type 
   12.4.6.5South Korea Automotive Radar Market    
    12.4.6.5.1South Korea Automotive Radar Market, by Sensor Type 
    12.4.6.5.2South Korea Automotive Radar Market, by Radar Range 
    12.4.6.5.3South Korea Automotive Radar Market, by Application 
    12.4.6.5.4South Korea Automotive Radar Market, by Frequency Band 
    12.4.6.5.5South Korea Automotive Radar Market, by Vehicle Type 
   12.4.6.6Australia Automotive Radar Market     
    12.4.6.6.1Australia Automotive Radar Market, by Sensor Type 
    12.4.6.6.2Australia Automotive Radar Market, by Radar Range 
    12.4.6.6.3Australia Automotive Radar Market, by Application  
    12.4.6.6.4Australia Automotive Radar Market, by Frequency Band 
    12.4.6.6.5Australia Automotive Radar Market, by Vehicle Type 
   12.4.6.7Rest of APAC Automotive Radar Market    
    12.4.6.7.1Rest of APAC Automotive Radar Market, by Sensor Type 
    12.4.6.7.2Rest of APAC Automotive Radar Market, by Radar Range 
    12.4.6.7.3Rest of APAC Automotive Radar Market, by Application 
    12.4.6.7.4Rest of APAC Automotive Radar Market, by Frequency Band 
    12.4.6.7.5Rest of APAC Automotive Radar Market, by Vehicle Type 
 12.5Middle East & North Africa Automotive Radar Market     
  12.5.1MENA Automotive Radar Market, by Sensor Type    
  12.5.2MENA Automotive Radar Market, by Radar Range    
  12.5.3MENA Automotive Radar Market, by Application    
  12.5.4MENA Automotive Radar Market, by Frequency Band    
  12.5.5MENA Automotive Radar Market, by Vehicle Type    
  12.5.6MENA Automotive Radar market, by Country     
   12.5.6.1United Arab Emirate Automotive Radar Market   
    12.5.6.1.1UAE Automotive Radar Market, by Sensor Type  
    12.5.6.1.2UAE Automotive Radar Market, by Radar Range  
    12.5.6.1.3UAE Automotive Radar Market, by Application  
    12.5.6.1.4UAE Automotive Radar Market, by Frequency Band  
    12.5.6.1.5UAE Automotive Radar Market, by Vehicle Type  
   12.5.6.2Saudi Arabia Automotive Radar Market    
    12.5.6.2.1KSA Automotive Radar Market, by Sensor Type  
    12.5.6.2.2KSA Automotive Radar Market, by Radar Range  
    12.5.6.2.3KSA Automotive Radar Market, by Application  
    12.5.6.2.4KSA Automotive Radar Market, by Frequency Band  
    12.5.6.2.5KSA Automotive Radar Market, by Vehicle Type  
   12.5.6.3Algeria Automotive Radar Market     
    12.5.6.3.1Algeria Automotive Radar Market, by Sensor Type  
    12.5.6.3.2Algeria Automotive Radar Market, by Radar Range  
    12.5.6.3.3Algeria Automotive Radar Market, by Application  
    12.5.6.3.4Algeria Automotive Radar Market, by Frequency Band 
    12.5.6.3.5Algeria Automotive Radar Market, by Vehicle Type  
   12.5.6.4Kuwait Automotive Radar Market     
    12.5.6.4.1Kuwait Automotive Radar Market, by Sensor Type  
    12.5.6.4.2Kuwait Automotive Radar Market, by Radar Range  
    12.5.6.4.3Kuwait Automotive Radar Market, by Application  
    12.5.6.4.4Kuwait Automotive Radar Market, by Frequency Band 
    12.5.6.4.5Kuwait Automotive Radar Market, by Vehicle Type  
   12.5.6.5Egypt Automotive Radar Market     
    12.5.6.5.1Egypt Automotive Radar Market, by Sensor Type  
    12.5.6.5.2Egypt Automotive Radar Market, by Radar Range  
    12.5.6.5.3Egypt Automotive Radar Market, by Application  
    12.5.6.5.4Egypt Automotive Radar Market, by Frequency Band 
    12.5.6.5.5Egypt Automotive Radar Market, by Vehicle Type  
   12.5.6.6Qatar Automotive Radar Market     
    12.5.6.6.1Qatar Automotive Radar Market, by Sensor Type  
    12.5.6.6.2Qatar Automotive Radar Market, by Radar Range  
    12.5.6.6.3Qatar Automotive Radar Market, by Application  
    12.5.6.6.4Qatar Automotive Radar Market, by Frequency Band 
    12.5.6.6.5Qatar Automotive Radar Market, by Vehicle Type  
   12.5.6.7Rest of MENA Automotive Radar Market    
    12.5.6.7.1Rest of MENA Automotive Radar Market, by Sensor Type 
    12.5.6.7.2Rest of MENA Automotive Radar Market, by Radar Range 
    12.5.6.7.3Rest of MENA Automotive Radar Market, by Application 
    12.5.6.7.4Rest of MENA Automotive Radar Market, by Frequency Band 
    12.5.6.7.5Rest of MENA Automotive Radar Market, by Vehicle Type 
 12.6Latin America Automotive Radar Market      
  12.6.1Latin America Automotive Radar Market, by Sensor Type    
  12.6.2Latin America Automotive Radar Market, by Radar Range    
  12.6.3Latin America Automotive Radar Market, by Application    
  12.6.4Latin America Automotive Radar Market, by Frequency Band   
  12.6.5Latin America Automotive Radar Market, by Vehicle Type   
  12.6.6Latin America Automotive Radar market, by Country    
   12.6.6.1Brazil Automotive Radar Market     
    12.6.6.1.1Brazil Automotive Radar Market, by Sensor Type  
    12.6.6.1.2Brazil Automotive Radar Market, by Radar Range  
    12.6.6.1.3Brazil Automotive Radar Market, by Application  
    12.6.6.1.4Brazil Automotive Radar Market, by Frequency Band 
    12.6.6.1.5Brazil Automotive Radar Market, by Vehicle Type  
   12.6.6.2Argentina Automotive Radar Market    
    12.6.6.2.1Argentina Automotive Radar Market, by Sensor Type 
    12.6.6.2.2Argentina Automotive Radar Market, by Radar Range 
    12.6.6.2.3Argentina Automotive Radar Market, by Application 
    12.6.6.2.4Argentina Automotive Radar Market, by Frequency Band 
    12.6.6.2.5Argentina Automotive Radar Market, by Vehicle Type 
   12.6.6.3Chile Automotive Radar Market     
    12.6.6.3.1Chile Automotive Radar Market, by Sensor Type  
    12.6.6.3.2Chile Automotive Radar Market, by Radar Range  
    12.6.6.3.3Chile Automotive Radar Market, by Application  
    12.6.6.3.4Chile Automotive Radar Market, by Frequency Band 
    12.6.6.3.5Chile Automotive Radar Market, by Vehicle Type  
   12.6.6.4Rest of Latin America Automotive Radar Market   
    12.6.6.4.1Rest of LA Automotive Radar Market, by Sensor Type 
    12.6.6.4.2Rest of LA Automotive Radar Market, by Radar Range 
    12.6.6.4.3Rest of LA Automotive Radar Market, by Application 
    12.6.6.4.4Rest of LA Automotive Radar Market, by Frequency Band 
    12.6.6.4.5Rest of LA Automotive Radar Market, by Vehicle Type
 13.1Porter’s Five forces analysis       
  13.1.1Bargaining power of Buyer      
  13.1.2Bargaining power of Supplier      
  13.1.3Threat of new entrants       
  13.1.4Availability of Substitute       
  13.1.5Industry Rivalry       
 13.2Global Automotive Radar Market Share by Key Players, 2017
 14.1Continental AG        
  14.1.1Key Facts        
  14.1.2Business Description       
  14.1.3Key Product/Services Offerings      
  14.1.4Growth Strategy       
  14.1.5SWOT Analysis       
  14.1.6Key Financials       
   14.1.6.1Revenue Split by Region      
   14.1.6.2Revenue Split by Product or others     
  14.1.7Recent developments       
 14.2Robert Bosch GmbH        
  14.2.1Key Facts        
  14.2.2Business Description       
  14.2.3Key Product/Services Offerings      
  14.2.4Growth Strategy       
  14.2.5SWOT Analysis       
  14.2.6Key Financials       
   14.2.6.1Revenue Split by Region      
   14.2.6.2Revenue Split by Product or others     
  14.2.7Recent developments       
 14.3Denso Corporation        
  14.3.1Key Facts        
  14.3.2Business Description       
  14.3.3Key Product/Services Offerings      
  14.3.4Growth Strategy       
  14.3.5SWOT Analysis       
  14.3.6Key Financials       
   14.3.6.1Revenue Split by Region      
   14.3.6.2Revenue Split by Product or others     
  14.3.7Recent developments       
 14.4Delphi 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 by Region      
   14.4.6.2Revenue Split by Product or others     
  14.4.7Recent developments       
 14.5Infineon 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 by Region      
   14.5.6.2Revenue Split by Product or others     
  14.5.7Recent developments       
 14.6NXP 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 by Region      
   14.6.6.2Revenue Split by Product or others     
  14.6.7Recent developments       
 14.7Valeo 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 by Region      
   14.7.6.2Revenue Split by Product or others     
  14.7.7Recent developments       
 14.8Analog 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 by Region      
   14.8.6.2Revenue Split by Product or others     
  14.8.7Recent developments       
 14.9Hella 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 by Region      
   14.9.6.2Revenue Split by Product or others     
  14.9.7Recent developments       
 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 by Region      
   14.10.6.2Revenue Split by Product or others     
  14.10.7Recent developments

Research Methodology

Analysing historical market, estimation of the current market and forecasting the future market for Global Automotive Radar technology were the three major steps involved in creating and analysing the overall adoption rate of Automotive Radar in major region/country globally. 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 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 Global 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 global 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 Global 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 Global 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 Global 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 Global 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 Global 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 2024 for different segment and sub-segments in major region/country globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size of the global automotive radar technology, in terms of value (US$) and the overall rate of adoption of Automotive Radars technology in major region/country globally
  • 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 global 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 Global 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 Global Automotive Radars Market Study

The current & future market trends of the Global 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 Global Automotive Radar Market in terms of value (US$)
  • Analyse the current and forecast market size of different segments and sub-segments of the Global 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 at Global level
  • Analyse the current and forecast market size of the global automotive radar market, in terms of value for major region including North America, Europe, Asia-Pacific, Latin America and MENA
  • Defile and analyse the competitive landscape of the Global Automotive Radar market and the growth strategies adopted by the market players to sustain in the ever-growing market