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- Global Radar Sensor Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Radar is an object detection system that uses radio waves to determine the range. The radar sensor is and an electronic device that detects the velocity and position of an object located at a distance such as an aircraft, ship, vehicle or motorbike and detects electromagnetic emissions with the help of a superheterodyne receiver.
Global Radar Sensor Market Segments Size & Growth:
The market is valued at $22.738 Billion by 2024 from $8.048 Billion in 2017 at a CAGR of 19.56%. The key factors promoting the market growth involves advancement in sensors and its increase in smartphones and advancement in consumer electronic products, robust demand in automotive industry and increasing adoption of FMCW radar sensors in the different application is gaining momentum in radar sensor market.
Global Radar Sensor Market Segments Share:
Global radar sensor market is majorly segmented into type (Imaging and non-imaging radar) among which non-imaging segment is having a potential growth in the market, owing to the usage in high-end applications such as defence, automotive and traffic monitoring and modification of radar technology to protect their borders. Based on band, market is categorized into (HF, VHF, HUF, L, S, C, X, Ku, K, Ka, V and W) bands among which Ka, K, Ku, V & W are expected to have the maximum share as due to their applications in automotive industry for collision mitigation, blind spot detection, and adaptive cruise control applications. Based on the range (Short-range, mid-range and long-range) among which long-range radar sensors are accounted for the largest share due to their application in weapon control systems and surveillance systems. Based on the application (automotive, aerospace and defence, Industrial, security & surveillance, environmental & weather monitoring and others) among which automotive is driving the segment due to the growing awareness around safety products and usage of radar sensors in automobiles. Based on vertical (Commercial, government and industrial) among which industrial segment is accounted for the major share as there is a great demand for automation in industries which deals with many automobile applications. Geographically, the market is segmented into Asia-pacific, North America, Europe, South America and the Middle East and Africa. Radar sensor market in APAC is expected to witness the highest growth during the forecast period as this region is the global focal point for large investments and business expansion opportunities.
Global Radar Sensor Market Trends:
- Increasing adoption of FMCW radar sensors in different applications is gaining momentum.
- Smart grid, smart homes, smart water networks, intelligent transportation and infrastructure systems are assembled with sensors that connect our world.
- Ray-tracing simulation is expected to replace drive testing of the automotive radar sensor
- Bi-static radar sensors to win over mono-static radar sensors.
Global Radar Sensor Market Research Report includes:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players are
- Robert Bosch GmBH
- Continental AG
- Infineon Technologies
- Autoliv Inc.
- Hella KGaA Hueck &Co
- Smart microwave sensors GmBH
1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4 Market Dynamics
4.1 Drivers
4.1.1 Advancement in sensors and its increasing usage in smartphones and advancement in consumer electronic products fuel the adoption of sensors.
4.1.2 Robust demand in the automotive industry.
4.1.3 Unlocking the wideband 5g and millimeter wave-based RF system capabilities.
4.2 Restraints & Challenges
4.2.1 Reduction of power loss and heat dissipation.
4.2.2 High development and maintenance cost.
4.2.3 Incorporating the sensor in devices incurs extra value and reduces the life of the device.
4.2.4 Incorporating more sensors into a smaller size.
4.3 Opportunities
4.3.1 Developing countries increasing their military spending.
4.3.2 Acceptance of driver assistance systems & driverless concepts in the automotive sector.
4.3.3 Growing demand for wearable devices.
5 Global Radar Sensor Market – By Type
5.1 Imaging radar
5.2 Non-imaging radar
6 Global Radar Sensor Market – By Band
6.1 HF
6.2 VHF
6.3 HUF
6.4 L
6.5 S
6.6 C
6.7 X
6.8 Ku
6.9 K
6.10 Ka
6.11 V
6.12 W
7 Global Radar Sensor Market – By Range
7.1 Short-range
7.2 Mid-range
7.3 Long-range
8 Global Radar Sensor Market – By Application
8.1 Automotive
8.2 Aero-space & defense
8.3 Security & surveillance
8.4 weather monitoring
8.5 Others
9 Global Radar Sensor Market – By End-user
9.1 Commercial
9.2 Government & industrial
10 Global Radar Sensor Market – By Geography
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 U.K
10.2.2 Germany
10.2.3 France
10.2.4 Italy
10.2.5 Spain
10.2.6 Others
10.3 Asia-pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia & New Zealand
10.3.5 South Korea
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Others
10.5 Middle East and Africa
10.5.1 Middle East
10.5.2 Africa
10.5.3 Others
11 Global Radar Sensor Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Market Share Analysis
11.3 Strategies Adopted By Top Companies
12 Global Radar Sensor Market – Company Profiles
12.1 Robert Bosch GmBH
12.2 Continental AG
12.3 Infineon technologies
12.4 Autoliv Inc.
12.5 Hella KGaA Hueck &Co
12.6 Smart microwave sensors GmBH
12.7 Delphi Automotive LLP
12.8 Lock heed Martin Corporation
12.9 Denso corporation
12.10 NXP Semiconductors NV
12.11 Gryphon sensors
12.12 Arbe robotics
12.13 Omniradar BV
12.14 Echodyne, Inc.
12.15 Oculli corporation
12.16 Airbus group
13 Market Insights
13.1 Insights of Industry Experts
13.2 Analyst Opinion (Market Understanding)
13.3 Investment Opportunities
14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
Report Type | Extensive Report, Miniature report, Snapshot Report |
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Licence | Single User License, Team License, Corporate License |
Radar is an object detection system that uses radio waves to determine the range. The radar sensor is and an electronic device that detects the velocity and position of an object located at a distance such as an aircraft, ship, vehicle or motorbike and detects electromagnetic emissions with the help of a superheterodyne receiver.
Global Radar Sensor Market Segments Size & Growth:
The market is valued at $22.738 Billion by 2024 from $8.048 Billion in 2017 at a CAGR of 19.56%. The key factors promoting the market growth involves advancement in sensors and its increase in smartphones and advancement in consumer electronic products, robust demand in automotive industry and increasing adoption of FMCW radar sensors in the different application is gaining momentum in radar sensor market.
Global Radar Sensor Market Segments Share:
Global radar sensor market is majorly segmented into type (Imaging and non-imaging radar) among which non-imaging segment is having a potential growth in the market, owing to the usage in high-end applications such as defence, automotive and traffic monitoring and modification of radar technology to protect their borders. Based on band, market is categorized into (HF, VHF, HUF, L, S, C, X, Ku, K, Ka, V and W) bands among which Ka, K, Ku, V & W are expected to have the maximum share as due to their applications in automotive industry for collision mitigation, blind spot detection, and adaptive cruise control applications. Based on the range (Short-range, mid-range and long-range) among which long-range radar sensors are accounted for the largest share due to their application in weapon control systems and surveillance systems. Based on the application (automotive, aerospace and defence, Industrial, security & surveillance, environmental & weather monitoring and others) among which automotive is driving the segment due to the growing awareness around safety products and usage of radar sensors in automobiles. Based on vertical (Commercial, government and industrial) among which industrial segment is accounted for the major share as there is a great demand for automation in industries which deals with many automobile applications. Geographically, the market is segmented into Asia-pacific, North America, Europe, South America and the Middle East and Africa. Radar sensor market in APAC is expected to witness the highest growth during the forecast period as this region is the global focal point for large investments and business expansion opportunities.
Global Radar Sensor Market Trends:
- Increasing adoption of FMCW radar sensors in different applications is gaining momentum.
- Smart grid, smart homes, smart water networks, intelligent transportation and infrastructure systems are assembled with sensors that connect our world.
- Ray-tracing simulation is expected to replace drive testing of the automotive radar sensor
- Bi-static radar sensors to win over mono-static radar sensors.
Global Radar Sensor Market Research Report includes:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players are
- Robert Bosch GmBH
- Continental AG
- Infineon Technologies
- Autoliv Inc.
- Hella KGaA Hueck &Co
- Smart microwave sensors GmBH
1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4 Market Dynamics
4.1 Drivers
4.1.1 Advancement in sensors and its increasing usage in smartphones and advancement in consumer electronic products fuel the adoption of sensors.
4.1.2 Robust demand in the automotive industry.
4.1.3 Unlocking the wideband 5g and millimeter wave-based RF system capabilities.
4.2 Restraints & Challenges
4.2.1 Reduction of power loss and heat dissipation.
4.2.2 High development and maintenance cost.
4.2.3 Incorporating the sensor in devices incurs extra value and reduces the life of the device.
4.2.4 Incorporating more sensors into a smaller size.
4.3 Opportunities
4.3.1 Developing countries increasing their military spending.
4.3.2 Acceptance of driver assistance systems & driverless concepts in the automotive sector.
4.3.3 Growing demand for wearable devices.
5 Global Radar Sensor Market – By Type
5.1 Imaging radar
5.2 Non-imaging radar
6 Global Radar Sensor Market – By Band
6.1 HF
6.2 VHF
6.3 HUF
6.4 L
6.5 S
6.6 C
6.7 X
6.8 Ku
6.9 K
6.10 Ka
6.11 V
6.12 W
7 Global Radar Sensor Market – By Range
7.1 Short-range
7.2 Mid-range
7.3 Long-range
8 Global Radar Sensor Market – By Application
8.1 Automotive
8.2 Aero-space & defense
8.3 Security & surveillance
8.4 weather monitoring
8.5 Others
9 Global Radar Sensor Market – By End-user
9.1 Commercial
9.2 Government & industrial
10 Global Radar Sensor Market – By Geography
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 U.K
10.2.2 Germany
10.2.3 France
10.2.4 Italy
10.2.5 Spain
10.2.6 Others
10.3 Asia-pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia & New Zealand
10.3.5 South Korea
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Others
10.5 Middle East and Africa
10.5.1 Middle East
10.5.2 Africa
10.5.3 Others
11 Global Radar Sensor Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Market Share Analysis
11.3 Strategies Adopted By Top Companies
12 Global Radar Sensor Market – Company Profiles
12.1 Robert Bosch GmBH
12.2 Continental AG
12.3 Infineon technologies
12.4 Autoliv Inc.
12.5 Hella KGaA Hueck &Co
12.6 Smart microwave sensors GmBH
12.7 Delphi Automotive LLP
12.8 Lock heed Martin Corporation
12.9 Denso corporation
12.10 NXP Semiconductors NV
12.11 Gryphon sensors
12.12 Arbe robotics
12.13 Omniradar BV
12.14 Echodyne, Inc.
12.15 Oculli corporation
12.16 Airbus group
13 Market Insights
13.1 Insights of Industry Experts
13.2 Analyst Opinion (Market Understanding)
13.3 Investment Opportunities
14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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