Automotive RADAR Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2027.


Precedence Research predicts, the global Automotive RADAR market size is expected to be worth around USD 8.30 billion by 2027 and growing at a CAGR of 11.4% during the forecast period 2020 to 2027.

The global Automotive RADARmarket research provides detailed market information for segmentation. The purpose of this market analysis is to examine the market outlook for Automotive RADAR market in terms of factors driving the market, trends, supply and demand analysis, pricing analysis, technological developments, and competitive benchmarking, among others. The research study also provides a detailed perspective on the impact of COVID-19 on the market.                         

The report provides revenue of the global Automotive RADAR market for the period 2016–2027, considering 2019 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global market during the forecast period. The global Automotive RADAR market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2020 to 2027.

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It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automotive RADAR market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

Markets: The reports cover four key aspects, namely industry overview, business dynamics, competitive benchmarking, and company profiles, helping the readers to take a confident decision on the market entry, expansion, or exit in specific countries, regions, or globally.

Patents: This information helps our clients in foreseeing competitive moves based on tie-ups, buyouts, or filings of patents by innovative companies in the market.

Evaluating strategic business moves, based on already patented technologies or aspects thereof, including possibilities of monetizing patents.

Identifying innovative companies, as possible competitors, or partners, or for acquisitions/investments

Products: Herein, the product is a generic term, which could include products, parts, materials, technologies, or combinations thereof. Companies looking to drive an innovative agenda, need information about product definitions, demand analysis, technology benchmarking and roadmaps, patents, as well as, pricing analysis. All of these and more are available in our reports at a level of depth, which makes it highly actionable.

Applications: In the reports, we try to explain each product and technology and how they have different use cases and user types. Thus, we bring the best and most impactful of insights, along with detailed market estimations and forecasts.

Key Players

  • Continental AG
  • Autoliv Inc.
  • DENSO Corporation
  • Delphi Automotive Company
  • NXP Semiconductors
  • Texas Instruments
  • Robert Bosch GmbH
  • ZF Friedrichshafen
  • Valeo
  • Analog

Market Segmentation

By Frequency

  • 24 GHz
  • 77 GHz
  • 79GHz

By Range

  • Short & Medium Range RADAR (S&MRR)
  • Long Range RADAR (LRR)

By Vehicle Type

By Application

  • Autonomous Emergency Braking (AEB)
  • Adaptive Cruise Control (ACC)
  • Forward Collision Warning System
  • Intelligent Park Assist
  • Blind Spot Detection (BSD)
  • Others ADAS Applications

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

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Research Methodology

Data Synthesis, Validation, and Forecasting

- Forecasting market size using the bottom-up method by utilizing data collected from primary and secondary sources

- Data forecasting using Delphi and Regression models

- Data Triangulation using market share,...

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Posted in: USA/Canada

Sweety Anthony

Senior Research Analyst

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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