Market Research Report
Radar Sensor Market by Type (Imaging, and Non-Imaging), Technology, Component, Band (HF, VHF, and UHF; L, S, C, and X; Ku, K, Ka, V, and W), Range (Short-range, Mid-range, Long-range), Application, Vertical, and Geography - Global Forecast to 2023
|Published by||MarketsandMarkets||Product code||359702|
|Published||Content info||221 Pages
Delivery time: 1-2 business days
|Radar Sensor Market by Type (Imaging, and Non-Imaging), Technology, Component, Band (HF, VHF, and UHF; L, S, C, and X; Ku, K, Ka, V, and W), Range (Short-range, Mid-range, Long-range), Application, Vertical, and Geography - Global Forecast to 2023|
|Published: August 4, 2017||Content info: 221 Pages||
The radar sensor market is expected to grow from USD 5.95 billion in 2016 to USD 20.64 billion by 2023, at a CAGR of 19.51% between 2017 and 2023. The growth of this market is driven by the increasing focus on safety and security needs in automotive applications, and increasing need for border security systems. This market is further driven by unlocking the wideband 5G and millimeter wave-based RF system capabilities.
Technology has become more advanced and mainly focused on the safety and security needs in various applications such as vehicle collision assistance, industrial and public safety, and robotic assistance. Technological advances permit proactive safety features such as collision mitigation system and vulnerable road user detection. These increasing features are used for combating the increasing worldwide accidental rate. Due to these reasons, the automotive companies are implementing radar sensors and systems within its cars.
Increasing autonomous car developments in APAC and the growing demand for radar sensors and systems in countries such as China, Japan and India are driving the growth of the radar sensor market. This region has become a global focal point for large investments and business expansion opportunities. As of 2016, China (with 28,118,794 units), Japan (with 9,204,590 units), South Korea (with 4,228,509 units), and India (with 4,488,965 units) (Source: Production Statistics - OICA) were among the top largest automobile manufacturers worldwide.
Breakup of the profile of primary participants for the report is as given below:
The major companies involved in the development of radar sensors include Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive LLP (UK), HELLA KGaA Hueck & Co (Germany), Autoliv Inc. (Sweden), Infineon Technologies AG (Germany), Lockheed Martin Corporation (US), NXP Semiconductors N.V. (Netherlands), Smart Microwave Sensors GmbH (Germany).
From an insight perspective, this report has focused on various levels of analysis-industry analysis (industry trends), market ranking analysis of top players, value chain analysis, and company profiles, DIVE analysis that comprises and discusses the basic views on the competitive landscape; emerging and high-growth segments of the radar sensor market; high-growth regions; and market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Top 25 companies analyzed for this study are - Robert Bosch GmBH (Germany), Continental AG (Germany), Infineon Technologies AG (Germany), Hella KGAA Hueck & Co. (Germany), Autoliv Inc. (Swedan), Smart Microwave Sensors GmbH (Germany), Delphi Automotive LLP (UK), Lockheed Martin Corporation (US), Denso Corporation (Japan), NXP Semiconductors N.V. (The Netherlands), Arbe Robotics (Israel), Gryphon Sensors (US), Omniradar B.V. (The Netherlands), Echodyne, Inc. (US), Oculli Corporation (US), Airbus Group (The Netherlands), Saab AB (Swedan), BAE Systems (UK), Vega Americas Inc. (US), Terma A/S (Denmark), Selex ES (US), Brigade Electronics PLC (UK), Northrop Grumman Corporation (US), SenZ2. BV (The Netherlands), ZF Friedrichshafen AG (Germany)
*Details on Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships might not be captured in case of unlisted companies.