Automotive Radar Market Outlook: Is Growth Potential Underestimated?


Posted June 12, 2024 by lalbisht228

An automotive radar is refer as the system which is used in locating the objects, such as vehicles and pedestrians, in the vicinity of the car.

 
Latest added Automotive Radar Market research study by AMA Research offers detailed outlook and elaborates market review till 2032. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Robert Bosch GmbH (Germany), HELLA KGaA (Germany), Continental AG (Germany), Infineon Technologies AG (Germany), NXP Semiconductors, (The Netherlands), Denso Corporation (Japan), Delphi Automotive PLC. (United Kingdom), Autoliv Inc. (Sweden), Valeo S.A. (France), Texas Instruments, Inc (United States) etc.

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An automotive radar is refer as the system which is used in locating the objects, such as vehicles and pedestrians, in the vicinity of the car. A radar primarily consists of a receiver and transmitter. The transmitter sends out the radio waves which then hit an object and bounce back to receiver. It is possible to detect the objects' distance, speed and direction, by controlling the direction in which radio waves are sent and received. This requires the steerable antennas which can be automatically directed or receive the signals simultaneously from various different directions. Automotive radar sensors is known as the key technology for enabling the future driver assistance functions and securing the high ratings in New Car Assessment Programs (NCAP) throughout the whole world

Influencing Trend: Rising demand for premium segment vehicles
Growing interest & funding towards autonomous cars

Challenges: Issues related to electromagnetic jamming and interface
Maintaining the balance between cost and quality
Security related threat

Opportunities: Low penetration in developing markets
Sensor fusion is penetrating in the market

Market Growth Drivers: Increasing government regulations for vehicle safety and increase in adoption of adas technology by OEMS
Increase in number of radar sensors in vehicle

The Global Automotive Radar segments and Market Data Break Down by Type (Short Range RADAR (SRR), Mid Range RADAR (MRR), Long Range RADAR (LRR)), Application (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System, Intelligent Park Assist, Other ADAS Applications), Frequency (2X-GHz, 7X-GHz), Vehicle type (Commercial Vehicle, Economic Passenger Vehicle, Luxury Passenger Vehicle, Mid-Priced Passenger Vehicle)

Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand Automotive Radar Market consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/12610-global-automotive-radar-market

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Issued By AMA Research & Media LLP
Business Address Craig Francis (PR & Marketing Manager) Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: (+1 201 565 3262, +44 161 818 8166) [email protected]
Country India
Categories Automotive
Tags global automotive radar market , automotive radar market , automotive radar market demand , automotive radar market trends
Last Updated June 12, 2024