PUBLISHER: Lucintel | PRODUCT CODE: 1154044
PUBLISHER: Lucintel | PRODUCT CODE: 1154044
Automotive Detection and Ranging Sensor Market Trends and Forecast
The future of the global automotive detection and ranging sensor market looks promising with opportunities in the imaging sensors, radar, ultrasonic sensor, and ranging sensor segments. The global automotive detection and ranging sensor market is expected to grow at a CAGR of 22.7% from 2021 to 2027. The major drivers for this market are rising demand for object detection, high resolution target separation, 3D detection, and 3600 object recognition technologies.
Emerging Trends in the Automotive Detection and Ranging Sensor Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of long range radar with high frequency, development of Lidar with non-moving parts, and compact size ultrasonic sensors.
A total of 77 figures / charts and 92 tables are provided in this 144-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive detection and ranging sensor market report.
Automotive Detection and Ranging Sensor Market by Segments
Lucintel forecasts that imaging sensor technology will remain the largest segment, and Lidar segment is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive detection and ranging sensor market by technology, application, region, as follows:
Automotive Detection and Ranging Sensor Market by Technology Type [$M shipment analysis from 2016 to 2027]:
Automotive Detection and Ranging Sensor Market by Application [$M shipment analysis from 2016 to 2027]:
Automotive Detection and Ranging Sensor Market by Region [$M shipment analysis from 2016 to 2027]:
List of Automotive Detection and Ranging Sensor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive detection and ranging sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive detection and ranging sensor companies profiled in this report includes.
Automotive Detection and Ranging Sensor Market Insights
Features of the Global Automotive Detection and Ranging Sensor Market
FAQ
Q1. What is the automotive detection and ranging sensor market size?
Answer: The global automotive detection and ranging sensor market is expected to reach an estimated $76.7 billion by 2027.
Q2. What is the growth forecast for automotive detection and ranging sensor market?
Answer: The automotive detection and ranging sensor market is expected to grow at a CAGR of 22.7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the Automotive detection and ranging sensor market?
Answer: The major drivers for this market are rising demand for object detection, high resolution target separation, 3D detection, and 3600 object recognition technologies..
Q4. What are the major technologies or end use industries for automotive detection and ranging sensor?
Answer: Imaging sensor technology is the major segment by technology for automotive detection and ranging sensor.
Q5. What are the emerging trends in automotive detection and ranging sensor market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of long range radar with high frequency, development of Lidar with non-moving parts, and compact size ultrasonic sensors. .
Q6. Who are the key automotive detection and ranging sensor companies?
Answer: Some of the key automotive detection and ranging sensor companies are as follows:
Q7. Which automotive detection and ranging sensor application segment will be the largest in future?
Answer: Lucintel forecasts that blind spot detection will remain the largest segment, and it is also expected to witness the highest growth over the forecast period.
.Q8 : In Automotive detection and ranging sensor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to remain the largest region and witness the highest growth over the forecast period due to rising demand for advanced vehicles, increasing road accidents, and automation of vehicles.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.