The radar sensor market is expected to grow at a CAGR 15% during the forecast period 2021-2026. The growth of the market is driven by factors such as increasing focus on safety and security needs in automotive applications, unlocking the wideband 5G and millimetre wave–based RF system capabilities, and the increasing need for border security systems.
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North America is expected to hold the largest share of the radar sensor market; the market in APAC is expected to grow at a high rate during the forecast period. The increased focus on safety and security features in the automobile sector in China, India, and Japan is the major factor driving the growth of the radar sensor market in APAC.

Key players in the market include Robert Bosch GmbH (Germany), Continental AG (Germany), Hella KGAA Hueck and Co. (Germany), and Infineon Technologies AG (Germany).

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