PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1880588
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1880588
Automotive Short Range Radar System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of automotive short range radar (SRR) system Market
The global automotive short range radar (SRR) system market plays a pivotal role in modern vehicle safety and autonomous driving ecosystems. According to the latest industry assessment, the market size reached USD 467.9 million in 2024, marking a significant milestone for this rapidly evolving sector. As demand for next-generation safety, driver-assistance capabilities, and intelligent mobility solutions accelerates, automotive radar technologies are becoming central components in passenger cars, SUVs, and electric vehicles.
Short range radar systems operate using high-frequency radio waves to detect and monitor nearby objects within a few hundred meters, offering unmatched accuracy in real-time environmental scanning. These systems support a range of Advanced Driver Assistance Systems (ADAS), including blind spot detection, adaptive cruise control, forward collision warning, lane change assistance, rear cross-traffic alert, and parking assistance. Their ability to function reliably in adverse weather-fog, rain, and low visibility-makes SRRs indispensable for both Level 2 and Level 3 autonomous driving.
Market Growth Trends
Rapid advancements in ADAS and autonomous-driving technologies are pushing automotive short range radar systems into mainstream adoption. Radar technologies, when integrated with AI, machine learning, high-definition LiDAR, and vision sensors, are elevating detection accuracy and response time. New breakthroughs such as 6D radar, quantum-enhanced ADAS algorithms, and neuromorphic computing are further set to redefine precision and hazard-anticipation capabilities.
In December 2024, DENSO CORPORATION signed an agreement with onsemi for semiconductor procurement specifically for ADAS and autonomous driving systems-reflecting the industry's pivot toward higher-intelligence radar platforms. As manufacturers invest heavily in sensor fusion and advanced hazard-detection capabilities, short range radar systems will remain foundational to modern vehicle safety intelligence.
Market Drivers
1. Rising Demand for Comfort & Safety Features
Global consumers increasingly prefer vehicles equipped with advanced safety technologies. Rising accident rates and growing regulatory emphasis on safety have expanded adoption of radar-driven warning systems, automatic emergency braking, and adaptive cruise control. Automakers are now integrating SRR systems as standard features in mid-range and premium vehicles.
In July 2024, Tata Motors announced the launch of its Curvv coupe SUV, equipped with ADAS features including radar-supported collision mitigation and lane assistance-illustrating how mass-market automakers are embracing radar-based safety systems.
2. EV Adoption Expanding SRR Demand
Electric vehicles inherently feature more sophisticated driver-assistance systems. Radar technologies support regenerative braking optimization, adaptive cruise efficiency, and passenger safety. With India's EV sales surpassing 2 million units in 2024, SRR integration in EVs is rapidly expanding across Asia.
Market Restraints
A major challenge lies in the limitations of radar's angular resolution. Short range radar operates in 70-90 GHz frequencies, where narrow bandwidths restrict precision in object classification compared to camera-based systems. Improving radar resolution typically demands additional antenna arrays-making devices bulkier and harder to integrate.
Manufacturers also face installation challenges due to the size and complexity of multi-antenna radar modules, especially when pursuing compact vehicle designs.
Segmentation Highlights (2024)
By Vehicle Type
- SUVs dominate the 2024 market, benefitting from robust demand, higher safety expectations, and widespread ADAS adoption.
- Hatchbacks/sedans capture a notable share due to affordability and rising urban mobility requirements.
By Application
- Adaptive Cruise Control (ACC) held the largest share in 2024, owing to its reliance on SRR to maintain safe vehicle distance and provide automated speed adjustments.
- Intelligent parking assistance held the second-largest share, driven by growing integration of ultrasonic sensors, cameras, and radar for automated parking.
Regional Insights (2024)
Asia Pacific - Leading Market
The region led globally with a 2024 market value of USD 195.0 million, driven by booming automotive production in China, Japan, South Korea, and growing safety-awareness among consumers.
Europe
Strong safety regulations and highway safety mandates in Germany, France, and the U.K. drive advanced ADAS adoption.
North America
High consumer preference for premium SUVs and strong automotive innovation ecosystems fuel radar system integration across U.S. vehicles.
Rest of the World
Countries in the Middle East, Africa, and Latin America increasingly adopt radar-based safety systems due to evolving safety regulations.
Conclusion
With a 2024 valuation of USD 467.9 million, the automotive short range radar system market is positioned for robust long-term growth. Rising safety awareness, accelerating ADAS adoption, and technological breakthroughs in radar engineering make SRR systems an integral part of the future autonomous driving landscape.
Segmentation By Vehicle Type
- Hatchback/Sedan
- SUV
By Application
- Adaptive Cruise Control (ACC)
- Collision Avoidance
- Intelligent parking assistance
- Others
By Region
- North America (U.S., Canada, and Mexico)
- Europe (U.K., Germany, France, and Rest of Europe)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Rest of the World
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Industry Developments -Mergers, Acquisitions and Partnerships
- 4.2. Porters Five Forces Analysis
- 4.3. PEST Analysis
- 4.4. Technological Development
5. Global Automotive Short Range Radar System Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definitions
- 5.2. Market Analysis, Insights and Forecast - By Vehicle Type
- 5.2.1. Hatchback/Sedan
- 5.2.2. SUV
- 5.3. Market Analysis, Insights and Forecast - By Application
- 5.3.1. Adaptive Cruise Control (ACC)
- 5.3.2. Collision Avoidance
- 5.3.3. Intelligent parking assistance
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast - By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia pacific
- 5.4.4. Rest of the world
6. North America Automotive Short Range Radar System Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 6.1.1. Hatchback/Sedan
- 6.1.2. SUV
- 6.2. Market Analysis, Insights and Forecast - By Application
- 6.2.1. Adaptive Cruise Control (ACC)
- 6.2.2. Collision Avoidance
- 6.2.3. Intelligent parking assistance
- 6.2.4. Others
- 6.3. Market Analysis - By Country
- 6.3.1. The U.S.
- 6.3.1.1. By Vehicle Type
- 6.3.2. Canada
- 6.3.2.1. By Vehicle Type
- 6.3.3. Mexico
- 6.3.3.1. By Vehicle Type
- 6.3.1. The U.S.
7. Europe Automotive Short Range Radar System Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 7.1.1. Hatchback/Sedan
- 7.1.2. SUV
- 7.2. Market Analysis, Insights and Forecast - By Application
- 7.2.1. Adaptive Cruise Control (ACC)
- 7.2.2. Collision Avoidance
- 7.2.3. Intelligent parking assistance
- 7.2.4. Others
- 7.3. Market Analysis - By Country
- 7.3.1. The U.K
- 7.3.1.1. By Vehicle Type
- 7.3.2. Germany
- 7.3.2.1. By Vehicle Type
- 7.3.3. France
- 7.3.3.1. By Vehicle Type
- 7.3.4. Rest of Europe
- 7.3.4.1. By Vehicle Type
- 7.3.1. The U.K
8. Asia Pacific Automotive Short Range Radar System Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 8.1.1. Hatchback/Sedan
- 8.1.2. SUV
- 8.2. Market Analysis, Insights and Forecast - By Application
- 8.2.1. Adaptive Cruise Control (ACC)
- 8.2.2. Collision Avoidance
- 8.2.3. Intelligent parking assistance
- 8.2.4. Others
- 8.3. Market Analysis - By Country
- 8.3.1. Japan
- 8.3.1.1. By Vehicle Type
- 8.3.2. China
- 8.3.2.1. By Vehicle Type
- 8.3.3. India
- 8.3.3.1. By Vehicle Type
- 8.3.4. Rest of Asia Pacific
- 8.3.4.1. By Vehicle Type
- 8.3.1. Japan
9. Rest of the World Automotive Short Range Radar System Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast - By Vehicle Type
- 9.1.1. Hatchback/Sedan
- 9.1.2. SUV
- 9.2. Market Analysis, Insights and Forecast - By Application
- 9.2.1. Adaptive Cruise Control (ACC)
- 9.2.2. Collision Avoidance
- 9.2.3. Intelligent parking assistance
- 9.2.4. Others
10. Competitive Analysis
- 10.1. Key Industry Development
- 10.2. Global Market Ranking Analysis (2024)
- 10.3. Competition Dashboard
- 10.4. Comparative Analysis - Major Players
- 10.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 10.5.1. Robert Bosch GmbH
- 10.5.2. Panasonic Industry Europe GmbH
- 10.5.3. SHIMANO INC
- 10.5.4. JINYUXING ELECTROMECHANICAL TECHNOLOGY (ZHEJIANG) CO., LTD
- 10.5.5. Yamaha Motor Co., Ltd.
- 10.5.6. Bafang Electric (Suzhou) Co., Ltd.
- 10.5.7. Brose
- 10.5.8. Ananda
- 10.5.9. Suzhou Shengyi Motor Co., Ltd.
- 10.5.10. Suzhou Tongsheng Electric Co., Ltd.
List of Tables
- Table 1: Global Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 2: Global Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Application, 2019-2032
- Table 3: Global Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Region, 2019-2032
- Table 4: North America Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 5: North America Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Application, 2019-2032
- Table 6: North America Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Country, 2019-2032
- Table 7: U.S. Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 8: Canada Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 9: Mexico Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 10: Europe Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 11: Europe Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Application, 2019-2032
- Table 12: Europe Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Country, 2019-2032
- Table 13: U.K. Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 14: Germany Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 15: France Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 16: Rest of Europe Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 17: Asia Pacific Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 18: Asia Pacific Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Application, 2019-2032
- Table 19: Asia Pacific Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Country, 2019-2032
- Table 20: China Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 21: Japan Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 22: India Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 23: Rest of Asia Pacific Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019-2032
- Table 24: Rest of the World Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019-2032
- Table 25: Rest of the World Automotive Short Range Radar System Market Revenue (USD Billion) Forecast, By Application, 2019-2032
List of Figures
- Figure 1: Global Automotive Short Range Radar System Market Revenue Breakdown (USD Billion, %) by Region, 2024 & 2032
- Figure 2: Global Automotive Short Range Radar System Market Value Share (%), By Vehicle Type, 2024 & 2032
- Figure 3: Global Automotive Short Range Radar System Market Forecast (USD Billion), by Hatchback/Sedan Motors, 2019-2032
- Figure 4: Global Automotive Short Range Radar System Market Forecast (USD Billion), by SUV, 2019-2032
- Figure 5: Global Automotive Short Range Radar System Market Value Share (%), By Application, 2024 & 2032
- Figure 6: Global Automotive Short Range Radar System Market Forecast (USD Billion), by Adaptive Cruise Control (ACC), 2019-2032
- Figure 7: Global Automotive Short Range Radar System Market Forecast (USD Billion), by Collision Avoidance, 2019-2032
- Figure 8: Global Automotive Short Range Radar System Market Forecast (USD Billion), by Intelligent parking assistance, 2019-2032
- Figure 9: Global Automotive Short Range Radar System Market Forecast (USD Billion), by Others, 2019-2032
- Figure 10: Global Automotive Short Range Radar System Market Value (USD Billion), by Region, 2024 & 2032
- Figure 11: North America Automotive Short Range Radar System Market Value (USD Billion), By Vehicle Type, 2024 & 2032
- Figure 12: North America Automotive Short Range Radar System Market Value Share (%), By Vehicle Type, 2024
- Figure 13: North America Automotive Short Range Radar System Market Value (USD Billion), By Application, 2024 & 2032
- Figure 14: North America Automotive Short Range Radar System Market Value Share (%), By Application, 2024
- Figure 15: North America Automotive Short Range Radar System Market Value (USD Billion), By Country, 2024 & 2032
- Figure 16: North America Automotive Short Range Radar System Market Value Share (%), by Country, 2024
- Figure 17: Europe Automotive Short Range Radar System Market Value (USD Billion), By Vehicle Type, 2024 & 2032
- Figure 18: Europe Automotive Short Range Radar System Market Value Share (%), By Vehicle Type, 2024
- Figure 19: Europe Automotive Short Range Radar System Market Value (USD Billion), By Application, 2024 & 2032
- Figure 20: Europe Automotive Short Range Radar System Market Value Share (%), By Application, 2024
- Figure 21: Europe Automotive Short Range Radar System Market Value (USD Billion), By Country, 2024 & 2032
- Figure 22: Europe Automotive Short Range Radar System Market Value Share (%), by Country, 2024
- Figure 23: Asia Pacific Automotive Short Range Radar System Market Value (USD Billion), By Vehicle Type, 2024 & 2032
- Figure 24: Asia Pacific Automotive Short Range Radar System Market Value Share (%), By Vehicle Type, 2024
- Figure 25: Asia Pacific Automotive Short Range Radar System Market Value (USD Billion), By Application, 2024 & 2032
- Figure 26: Asia Pacific Automotive Short Range Radar System Market Value Share (%), By Application, 2024
- Figure 27: Asia Pacific Automotive Short Range Radar System Market Value (USD Billion), By Country, 2024 & 2032
- Figure 28: Asia Pacific Automotive Short Range Radar System Market Value Share (%), by Country, 2024
- Figure 29: Rest of the World Automotive Short Range Radar System Market Value (USD Billion), By Vehicle Type, 2024 & 2032
- Figure 30: Rest of the World Automotive Short Range Radar System Market Value Share (%), By Vehicle Type, 2024
- Figure 31: Rest of the World Automotive Short Range Radar System Market Value (USD Billion), By Application, 2024 & 2032
- Figure 32: Rest of the World Automotive Short Range Radar System Market Value Share (%), By Application, 2024
- Figure 33: Global Market Ranking (%) Analysis, By Manufacturers, 2024
