PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1250804
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1250804
Automotive Disruption Radar Market Forecasts to 2028 - Global Analysis By Range (Short & Medium Range Radar and Long Range Radar), Vehicle Type (Commercial Vehicles and Passenger Cars), Application and By Geography
According to Stratistics MRC, the Global Automotive Disruption Radar Market is accounted for $5.3 billion in 2022 and is expected to reach $12.1 billion by 2028 growing at a CAGR of 14.7% during the forecast period. Modern vehicle comfort systems and safety systems utilize a variety of radiofrequency (RF) technologies to make driving more secure and automated. Automobiles are increasingly being equipped with radar sensors where RF signals are used for safety features such as blind-spot detection, adaptive cruise control, and forward-collision warning, among other features. These sensors enable precise and swift measurement of the range, velocity, and direction of surrounding vehicles. Therefore, it is extensively used across advanced driver assistance systems as they support drivers and help to reduce the number of accidents.
According to the Department of Commerce, imports of SUVs and cars increased by 60.75%, while imports of two-wheelers increased by 243.80%. The rise of electric four-wheelers up to 100kW has primarily driven growth in the car and SUV sectors.
Market Dynamics:
Driver:
Increasing incidence of accidents
The increasing incidence of accidents and the growing need for safer mobility. Furthermore, the emerging trend of autonomous vehicles, combined with increased vehicle electrification, is likely to boost growth prospects. Its installation allows for more accurate object recognition and improved vehicle safety. Furthermore, lower car electronic costs and developments in automotive technology are likely to boost the use of automotive radar.
Restraint:
The security risks associated with radar-based technology
The signal structure used by automotive radar is unique, and there is no inherent authentication, leaving the technology vulnerable to spoofing attacks. The majority of current technology is based on frequency-modulated continuous-wave (FMCW) systems. As a result, security threats connected with the automobile industry, such as spoofing and interference, are likely to hinder the use of this technology during the forecasted period.
Opportunity:
Increasing R&D Investments
Major automakers are concentrating on producing next-generation vehicle models that will include up to ten radar sensors. Consumer growing knowledge of car safety has increased demand for features such as cruise control and blind-spot detection, which can assist drivers and minimise the incidence of accidents. Hence, as a means of ensuring better vehicle safety, the widespread adoption of radar-based technology in automobiles is anticipated during the forecast period.
Threat:
The use of radar detectors is illegal
Depending on where one lives, using a radar detector is legal. Drivers are not permitted to use a radar detector in vehicle; however, commercial drivers and military bases are exempt from this restriction. A successful spoofing attack can have a significant impact on the safety of vehicle occupants by potentially causing the vehicle to stop, alter direction, or collide by breaching the market supply chain their by hindering the market.
Covid-19 Impact
Following a disastrous year for the automotive industry that saw a 5% drop in global vehicle production and the end of a 10-year upward trend, the global automotive industry faced a halt as a result of the COVID-19 pandemic. This affected the revenue channels allocated to R&D as well as the adoption of breakthrough technology such as vehicle radar. Also, as global vaccination rates grow, the pandemic's impact on the automotive industry is expected to reduce gradually over the following few years. The demand for automotive radar solutions is expected to skyrocket following the pandemic since they improve vehicle safety and comfort.
The short & medium range radar segment is expected to be the largest during the forecast period
The short & medium range radar segment is estimated to have a lucrative growth, due to its utilization in vehicle security systems to detect objects in the vehicle's vicinity. Blind spot identification, lane shift assistance, as well as parking assistance are the features offered by the systems. Reduced radar prices and the growing demand for more radar per system for increasing efficiency are expected to drive the market during the projected period.
The passenger car segment is expected to have the highest CAGR during the forecast period
The passenger car segment is anticipated to witness the fastest CAGR growth during the forecast period, due to increasing vehicle safety awareness among mid-priced vehicle owners. The surge in demand for electric cars to reduce line emigration, stringent regulations and laws governing automotive emigration, and rising consumer awareness of the importance of electric vehicles in reducing emigration are all major contributors to this sector's rapid growth.
Region with Largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the low-cost benefits inherent in the construction of autos. Because of increased disposable income, the area has seen a spike in automotive sales. The growing awareness of vehicle safety systems and their benefits is one of the factors driving the growth of the automotive radar market.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the increasing rigour in enforcing automobile safety requirements. The automobile industry in the country invests roughly one-third of its revenue in R&D. Furthermore, the rising number of vehicle accidents and increased awareness of the benefits of driving assistance technologies such as brake assist and collision warning systems are boosting demand in this region.
Key Players in the market
Some of the key players profiled in the Automotive Disruption Radar Market include DENSO Corporation, NXP Semiconductors, Continental AG, Delphi Automotive Company, ZF Friedrichshafen, Texas Instruments, Autoliv Inc., Analog Devices Inc, Valeo S.A, Robert Bosch GmbH, Borgwarner Inc and Veoneer Inc.
Key Developments:
In January 2023, Texas Instruments announced the release of the new automotive battery cell as well as pack monitors that offer the most precise measurement potential on the market, maximizing electric vehicle (EV) drive period and aiding safer operation.
In November 2022, Texas Instruments (TI) announced innovative Matter-enabled software advancement kits for Thread SimpleLink Wi-Fi microcontrollers (MCUs), which will simplify Matter protocol adoption in IoT apps.
Ranges Covered:
- Short & Medium Range Radar
- Long Range Radar
Vehicle Types Covered:
- Commercial Vehicles
- Passenger Cars
Applications Covered:
- Intelligent Park Assist
- Forward Collision Warning (FCW)
- Adaptive Cruise Control (ACC)
- Blind Spot Detection (BSD)
- Autonomous Emergency Braking (AEB)
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Automotive Disruption Radar Market, By Range
- 5.1 Introduction
- 5.2 Short & Medium Range Radar
- 5.3 Long Range Radar
6 Global Automotive Disruption Radar Market, By Vehicle Type
- 6.1 Introduction
- 6.2 Commercial Vehicles
- 6.3 Passenger Cars
7 Global Automotive Disruption Radar Market, By Application
- 7.1 Introduction
- 7.2 Intelligent Park Assist
- 7.3 Forward Collision Warning (FCW)
- 7.4 Adaptive Cruise Control (ACC)
- 7.5 Blind Spot Detection (BSD)
- 7.6 Autonomous Emergency Braking (AEB)
8 Global Automotive Disruption Radar Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 DENSO Corporation
- 10.2 NXP Semiconductors
- 10.3 Continental AG
- 10.4 Delphi Automotive Company
- 10.5 ZF Friedrichshafen
- 10.6 Texas Instruments
- 10.7 Autoliv Inc.
- 10.8 Analog Devices Inc
- 10.9 Valeo S.A
- 10.10 Robert Bosch GmbH
- 10.11 Borgwarner Inc
- 10.12 Veoneer Inc
List of Tables
- Table 1 Global Automotive Disruption Radar Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 3 Global Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 4 Global Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 5 Global Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 6 Global Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 7 Global Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 8 Global Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 9 Global Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 10 Global Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 11 Global Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 12 Global Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 13 Global Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
- Table 14 North America Automotive Disruption Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 15 North America Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 16 North America Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 17 North America Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 18 North America Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 19 North America Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 20 North America Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 21 North America Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 22 North America Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 23 North America Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 24 North America Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 25 North America Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 26 North America Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
- Table 27 Europe Automotive Disruption Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 28 Europe Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 29 Europe Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 30 Europe Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 31 Europe Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 32 Europe Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 33 Europe Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 34 Europe Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 35 Europe Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 36 Europe Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 37 Europe Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 38 Europe Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 39 Europe Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
- Table 40 Asia Pacific Automotive Disruption Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 41 Asia Pacific Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 42 Asia Pacific Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 43 Asia Pacific Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 44 Asia Pacific Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 45 Asia Pacific Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 46 Asia Pacific Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 47 Asia Pacific Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 48 Asia Pacific Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 49 Asia Pacific Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 50 Asia Pacific Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 51 Asia Pacific Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 52 Asia Pacific Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
- Table 53 South America Automotive Disruption Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 54 South America Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 55 South America Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 56 South America Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 57 South America Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 58 South America Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 59 South America Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 60 South America Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 61 South America Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 62 South America Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 63 South America Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 64 South America Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 65 South America Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
- Table 66 Middle East & Africa Automotive Disruption Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 67 Middle East & Africa Automotive Disruption Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 68 Middle East & Africa Automotive Disruption Radar Market Outlook, By Short & Medium Range Radar (2020-2028) ($MN)
- Table 69 Middle East & Africa Automotive Disruption Radar Market Outlook, By Long Range Radar (2020-2028) ($MN)
- Table 70 Middle East & Africa Automotive Disruption Radar Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 71 Middle East & Africa Automotive Disruption Radar Market Outlook, By Commercial Vehicles (2020-2028) ($MN)
- Table 72 Middle East & Africa Automotive Disruption Radar Market Outlook, By Passenger Cars (2020-2028) ($MN)
- Table 73 Middle East & Africa Automotive Disruption Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 74 Middle East & Africa Automotive Disruption Radar Market Outlook, By Intelligent Park Assist (2020-2028) ($MN)
- Table 75 Middle East & Africa Automotive Disruption Radar Market Outlook, By Forward Collision Warning (FCW) (2020-2028) ($MN)
- Table 76 Middle East & Africa Automotive Disruption Radar Market Outlook, By Adaptive Cruise Control (ACC) (2020-2028) ($MN)
- Table 77 Middle East & Africa Automotive Disruption Radar Market Outlook, By Blind Spot Detection (BSD) (2020-2028) ($MN)
- Table 78 Middle East & Africa Automotive Disruption Radar Market Outlook, By Autonomous Emergency Braking (AEB) (2020-2028) ($MN)
