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Automotive Radar Market Size To Reach $15,658.6 Million By 2026

The global automotive radar market is anticipated to reach $15,658.6 million by 2026 according to a new research published by Polaris Market Research

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Automotive Radar Market Size To Reach $15,658.6 Million By 2026

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  1. Automative Radar Market Market Set to Exceed USD 15,658.6 Billion by 2026 |CAGR: 21.6%

  2. Automotive Radar Market Size is Estimated $15,658.6 Billion by 2026 “Automotive Radar Market [By Range (Short Range, Medium Range, Long Range); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Sales Channel (OEM, Aftermarket); By Frequency (2X-GHZ Radar Systems, 7X-GHZ Radar Systems); By Application (Blind Spot Detection, Adaptive Cruise Control, Intelligent Parking Assistance, Autonomous Emergency Braking, Others); By Region]: Market size & Forecast, 2017 – 2026” The global automotive radar market is anticipated to reach $15,658.6 million by 2026 according to a new research published by Polaris Market Research. In 2017, the adaptive cruise control application dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global Automotive Radar market. The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the market growth. Higher frequency radar systems are being used in vehicles owing to their improved performance, increased reliability, and higher accuracy. The adoption of automotive radar systems has increased significantly owing to increasing road traffic, growing incidences of road accidents, and growing need to improve road safety. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive Radar market in the coming years. Browse Detailed Research Report On Automotive RadarMarket Analysis: https://www.polarismarketresearch.com/industry-analyss/global-automotive-radar- market Automotive radars use 76 GHz to 81 GHz technology platform for easier development and use of individual sensors for multiple purposes. Use of wider bandwidth provides higher resolution and enhanced object recognition. The 79 GHz project founded by the European Commission aims to speed up global agreement to use the 79 GHz band for vehicular radars. The Russian Federation, Ukraine, Turkey and the Balkan region have approved the use of the 79 GHz band for automotive high-resolution short range radars. In 2017, Europe accounted for the highest share in the global Automotive Radar market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive radars. Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the market growth. - 2 -

  3. Automotive Radar Market Size is Estimated $15,658.6 Billion by 2026 The well-known companies profiled in the report include Delphi Automotive PLC, Denso Corporation, Continental AG, Infineon Technologies AG, Analog Devices, Inc, ZF Friedrichshafen AG, Robert Bosch GmbH, NXP Semiconductors, Texas Instruments Incorporated, Autoliv Inc., and Hella KGaA Hueck & Co among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Request for sample: https://www.polarismarketresearch.com/industry- analysis/global-automotive-radar-market/request-for-sample Table of Contents •Overview and Scope o Research goal & scope o Research assumptions o Research Methodology ▪ Primary data sources ▪ Secondary data sources o Key take-away o Stakeholders •Executive Summary o Market Definition o Market Segmentation •Automotive Radar Market Insights o Automotive Radar – Industry snapshot o Automotive Radar - Ecosystem analysis o Automotive Radar Market Dynamics ▪ Automotive Radar – Market Forces - 3 -

  4. Automotive Radar Market Size is Estimated $15,658.6 Billion by 2026 •Automotive Radar Market Driver Analysis •Automotive Radar Market Restraint/Challenges analysis •Automotive Radar Market Opportunity Analysis ▪ Industry analysis - Porter's five force • Bargaining power of supplier • Bargaining power of buyer • Threat of substitute • Threat of new entrant • Degree of competition ▪ Automotive Radar Market PEST Analysis, 2017 ▪ Automotive Radar Market Value Chain Analysis ▪ Automotive Radar Industry Trends ▪ Competitive Ranking Analysis •Automotive Radar Market Size and Forecast, 2017-2026 by Range o Key Findings o Short Range o Medium Range o Long Range •Automotive Radar Market Size and Forecast, 2017-2026 by Vehicle Type o Key Findings o Passenger Vehicles o Commercial Vehicles •Automotive Radar Market Size and Forecast, 2017-2026 by Sales Channel o Key Findings o OEM o Aftermarket •Automotive Radar Market Size and Forecast, 2017-2026 by Frequency o Key Findings o 2X-GHZ Radar Systems o 7X-GHZ Radar Systems •Automotive Radar Market Size and Forecast, 2017-2026 by Application o Key Findings o Blind Spot Detection o Adaptive Cruise Control o Intelligent Parking Assistance o Autonomous Emergency Braking o Others •Automotive Radar Market Size and Forecast, 2017-2026 by Region o Key Findings o North America ▪ U.S. ▪ Canada o Europe ▪ Germany ▪ UK ▪ France ▪ Italy o Asia-Pacific ▪ China - 4 -

  5. Automotive Radar Market Size is Estimated $15,658.6 Billion by 2026 ▪ India ▪ Japan o Latin America ▪ Brazil ▪ Mexico o Middle East & Africa •Company Profiles o Delphi Automotive PLC ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Denso Corporation ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Continental AG ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Infineon Technologies AG ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Analog Devices, Inc ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o ZF Friedrichshafen AG ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Robert Bosch GmbH ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o NXP Semiconductors ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Texas Instruments Incorporated ▪ Overview ▪ Financials - 5 -

  6. Automotive Radar Market Size is Estimated $15,658.6 Billion by 2026 ▪ Product Benchmarking ▪ Recent Developments o Autoliv Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Hella KGaA Hueck & Co. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Access Press Release on Automotive Radar Market: https://www.polarismarketresearch.com/press-releases/global-automotive-radar- market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: https://cmfe-market-research-report.blogspot.com/ - 6 -

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