Automotive Radar Market Forecast to 2027


DHANANJAY

Uploaded on Mar 15, 2023

Category Automotive

The automotive radar market was valued at US$ 5,019.01 million in 2019 and is projected to reach US$ 11,640.77 million by 2027; it is expected to grow at a CAGR of 14.9% during 2020–2027.

Category Automotive

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Automotive Radar Market Forecast to 2027

Automotive Radar Market  Automotive Radar Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Range (Long Range Radar (LRR), Medium Range Radar (MRR), Short Range Radar (SRR)), Frequency (24GHz, 77GHz, 79GHz), Application (Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Detection, Forward Collision Warning System, Intelligent Park Assist, Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Medium and Heavy Commercial Vehicles) Automotive Radar Market  Current and Future Market Scenario The automotive radar market was valued at US$ 5,019.01 million in 2019 and is projected to reach US$ 11,640.77 million by 2027; it is expected to grow at a CAGR of 14.9% during 2020–2027. The automotive radar market is driven by various factors such as increasing government regulations concerning vehicle safety, rising adoption of premium vehicles, as well as a growing number of radars used in a vehicle. Moreover, the rising production and adoption of electric vehicles (EV) are further expected to support the growth of the  automotive radar market. It is anticipated that in the coming years, autonomous driving will be the growing trend. To attain this, several vision technologies have increased intending to deliver functionality as well as safety to the vehicle's drivers and passengers. Automotive Radar Market    Market Segments By Geography By Type By Hybridization Technique North America Long Range Radar (LRR) 24 GHz Europe Mid Range Radar (MRR) 77 GHz Short Range Radar (SRR) 79 GHz. Asia Pacific (APAC) Middle East and Africa (MEA) South and Central America (SCAM) Automotive Radar Market   Leading Players Company Profiles in Automotive Radar Market are:   Continental AG Denso Corporation Aptiv plc HELLA GMBH & CO. KGAA Robert Bosch GmbH VALEO SA ZF Friedrichshafen AG Veoneer Inc. Automotive Radar Market   Access Full Research Report at: Access Full Research Report at: https://www.theinsightpartners.com/reports/rice-seeds-market https://www.theinsightpartners.com/reports/automotive-radar-market/ Thank You!