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Published Date: November, 2017

Automotive Radar Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023


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The report on global automotive radar market is an in depth analysis of the segments and sub-segments in the automotive radar market. The report provides analysis for the global as well as regional markets over the period of 2015 to 2023.  According to report the global automotive radar market is expected to grow at a CAGR of 22.5% over the forecast period of 2017 - 2023.


Figure 1: Global Automotive Radar Market Value 2015 - 2023

Automotive Radar Market


Segments Covered

The report on global automotive radar market covers segments such as application, range type, frequency, and vehicle type. The application segments include adaptive cruise control, blind spot detection, intelligent park assist, autonomous emergency braking, forward collision warning, and other.  On the basis of range type the global automotive radar market is categorized into long range, medium range, and short range. Furthermore, on the basis of frequency the automotive radar market is segmented as 7x-GHz, and 2x-GHz. On the basis of vehicle type the automotive radar market is segmented as commercial vehicle, and passenger vehicle.

 

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.


Figure 2: Global Automotive Radar Market by Region, CAGR %, 2015-2023

Automotive Radar Market

 

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.  The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.

 

Companies Profiled:

The report provides profiles of the companies in the global automotive radar market such as, Robert Bosch GmbH, Continental AG, Infineon Technologies AG, Delphi Automotive PLC, Denso Corporation, NXP Semiconductors N.V., Texas Instruments, Inc., Valeo, HELLA KGaA Hueck & Co., and Autoliv Inc.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global automotive radar market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.

The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of automotive radar market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the automotive radar market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.

This report will help manufacturers, suppliers and distributors of the global automotive radar market to understand the present and future trends in this market and formulate their strategies accordingly.

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