Global Radar Sensor Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Radar Sensor Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global radar sensor market report has been segmented on the basis of component, type, technology, range, application, and region.
Global Radar Sensor Market: Overview
Radar sensor is a type of sensor used in radar systems, which detects velocity and position of the distant object. Radar technology helps to detect stationary and moving objects such as cars, trucks, trains, cargoes, etc. In Radar system, small narrow beam is transmitted in the direction of the object and it reflects back to the receiver in order to display distance between object and at the receiver’s end. It is also used in radar detector that is used for monitoring speed in law enforcement departments. Radar sensor is also used in automation applications in industrial sector. Radar sensor is capable to work in various environmental conditions such as lightning, darkness, clouds, snow or darkness.
Global Radar Sensor Market: Dynamics
Increasing adoption of radar sensors in automotive sector for various applications such as driver assistance systems in order to improve safety requirements, blind spot detection in cars, automatic emergency breaks, and lane change assistance, is a major factor expected to drive growth of the global radar sensor market over the forecast period.
Growing use of radar sensor in defence sector especially in border security owing to increasing illegal immigration and acts of terrorism, is another factor anticipated bolster demand for security applications and drives growth of the global market. Furthermore, increasing application of radar sensors in automotive automation such as driverless cars, is expected to boost growth of the global market during the forecast period.
However, high maintenance cost of vehicle based radar sensors may hamper growth of the global radar sensor market over the long run. Nevertheless, growing demand for driver assistance systems in developing countries can create high revenue opportunities for players in the target market.
Global Radar Sensor Market: Segment Analysis
Among the product type segment, the non-imaging radar segment is expected to account for leading shares in terms of revenue in the global market. Increasing usage of non-imaging radar in automotive and traffic monitoring systems and in defense sector, is a factor supporting growth of the segment in the global market.
Among the application segment, the automotive segment is expected to account for fastest growth over the forecast period. Growing automotive sector and growing use of radar sensor in electronic systems in vehicles to provide safety and comfort to the driver is anticipated to bolster growth of the segment.
Global Radar Sensor Market: Regional Analysis
Currently, market in the Asia Pacific is expected to accounts for significant growth rate in terms of revenue over the forecast period. Growing automotive sector especially in countries in the region such as China, India, Japan, and South Korea, is a key factor supporting growth of the target market.
Global Radar Sensor Market Segmentation:
Segmentation by Component:
- Video Amplifier
Segmentation by Type:
- Imaging Radar
- Non-imaging Radar
- CW Radar
- Speed Gauge
- Pulse Radar
Segmentation by Technology:
- RF MEMS-based radar sensors
- Ultra-Wideband (UWB)
- Millimeter wave
- Time Domain Reflectometry (TDR)
Segmentation by Range:
- Long-Range Radar
- Mid-Range Radar
- Short-Range Radar
Segmentation by Application:
- Aerospace and Defense
- Security and Surveillance
- Environmental and Weather Monitoring
- Others (Healthcare, Medical, etc.)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Robert Bosch GmbH
- Continental Aktiengesellschaft
- DENSO Corporation
- Delphi Automotive LLP
- HELLA GmbH & Co. KGaA
- Autoliv, Inc.
- Infineon Technologies AG
- Lockheed Martin Corporation
- NXP Semiconductors N.V.
- smart microwave sensors GmbH
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