Automotive Radar Market size is valued at US$ 3.

0 Bn in 2017 and expected to grow at a CAGR of 15% in

the forecasting period. Rising safety needs among consumers will catapult automotive radar market share
from 2017 to 2026. In 2015, the U.S. NHTSA (National Highway Traffic Safety Administration) announced
the mandatory installation of AEBS (Automatic Emergency Braking Systems) into cars beginning with the
model year 2018 to prevent crashes.

Sensor systems that offer enhanced safety features mainly include autonomous braking, forward collision
warning system, adaptive cruise control, lane departure warning, adaptive headlights, blind spot
detection, the backup camera, parking assistance, reverse sensors, and the side-view assist. Rising
consumer awareness regarding features such as high commercial acceptance will drive automotive radar
market size over the next eight years.

Automotive Radar Market

The Automotive Radar market is segmented based on application and geography. By application segment,
the market is segmented into adaptive cruise control (ACC), blind spot detection (BSD), lane departure
warning system (LDWS), parking assistance (PA) and forward collision warning system (FCWS). Adaptive
cruise control (ACC) is the major segment where the Automotive Radar is highly demanded and thus, it is
expected to hold major market share in the forecast period. This can be attributed to its flawless ability
of monitoring and maintaining the user-specified gap between the vehicles ahead. ACC is the combination
of long, mid and short-range radars that are used to transmit data to the control unit. It complements
vehicle styling and thus is only available in high-end luxury cars.

Geographically, the Automotive Radar market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. The Asia Pacific is expected to be the largest market for
Automotive Radar during the forecast period. China automotive radar market share will drive Asia Pacific
revenue in the coming years. High vehicle production and sales across the region justifies the industry
scenario.

Key player across the Automotive Radar industry are Infineon, STM, and NXP. The industry is characterized
by frequent mergers & acquisitions and next-generation technology development. Federal Motor Carrier
Safety Administration (FMCSA) has set out a goal to reduce the number and severity of commercial motor
vehicle crashes by collaborating with the truck industry in order to facilitate, test and evaluate the use of
onboard safety systems. Innovation in image sensing technology and falling camera prices are driving
adoption for camera-based sensors over the forecast timeframe. The 3D image sensor by Infineon for
automotive applications enables capturing 3D data which can be used for gesture control, driver state
monitoring, passenger classification, optimized head-up display visualization and surround view for
parking assistance and obstacle detection. Its major implementations are encountered in adaptive cruise
control applications to detect vehicle skidding on sharp turns. These sensors automatically apply brakes
when skidding is detected, and the vehicle is automatically controlled.

For more information visit https://www.maximizemarketresearch.com/market-report/automotive-

radar-market/12957/

Automotive Radar Market Scope

Automotive Radar Market, By Application

• Adaptive Cruise Control (ACC)

• Blind Spot Detection (BSD)

• Lane Departure Warning System (LDWS)

• Parking Assistance (PA)

• Forward Collision Warning System (FCWS)

Automotive Radar Market, By Geography

• North America

• Europe

• Asia-Pacific

• Middle East & Africa

• Latin America

Key Players operating in the Automotive Radar Market :

• Infineon

• STM

• NXP

• ZF TRW

• Valeo

• Texas Instruments

• Robert Bosch

• Hella
• Fujitsu

• Denso Corporation

• Delphi LLP

• Continental

• Autoliv

This Report Is Submitted By : Maximize Market Research Company

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