Automotive Ultrasonic Radar Market

The sensor is the eye of the car, throughout the driverless.At present, we are still in the phase of assisted driving and semi-automatic driving, the loading rate of ADAS is accelerating, and the market demand for automatic and intelligent parking, cameras, millimeter wave radar, night vision, ultrasonic radar and other sensors are entering a period of rapid growth.In the past few years, automotive ultrasonic sensors have been greatly developed. In 2018, the production of automotive ultrasonic sensors reached about 3.39 million. By 2025, the global production of automotive ultrasonic radar will reach about 6 million.Europe is the largest producer, followed by North America.In 2018, Europe produced about 29 percent of global production, North America about 24 percent, and Japan about 21 percent.In terms of the consumer market, Europe and China are the world's largest consumer markets. In 2018, Europe consumed 27% of global consumption, China about 25% of global consumption, and North America about 21% of global consumption.In terms of product types, the business modes of automotive ultrasonic sensors can be divided into OEM mode and AM mode. OEM mode refers to the mode of directly providing parts and accessories for the vehicle manufacturers, and AM mode refers to the mode of market sales for after-sales service market, that is, maintenance, replacement and upgrading of auto parts.OEM accounts for 85% of the market;From the perspective of product application, automotive ultrasonic sensors can be used in passenger cars and commercial vehicles, and passenger cars are the main application field.Major global automotive ultrasonic sensor companies include: Valeo, Bosch, Nicera, Murata, Audiowell, Coligen (China) Corp. and other multinational companies, which account for about 80% of the global market.Valeo accounts for about 30 per cent, with Bosch in second place.

Automotive Ultrasonic Radar Market contains market size and forecasts of Automotive Ultrasonic Radar in global, including the following market information:

Global Automotive Ultrasonic Radar Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Ultrasonic Radar Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Ultrasonic Radar companies in 2021 (%)

The global Automotive Ultrasonic Radar market was valued at 573.8 million in 2021 and is projected to reach US$ 955.8 million by 2028, at a CAGR of 7.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

OEM Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Ultrasonic Radar include Valeo, Bosch, Nicera, Japan Murata, Audiowell Electronics(Guangdong)Co.,Ltd. and Coligen (China) Corp., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Ultrasonic Radar manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Ultrasonic Radar Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Ultrasonic Radar Market Segment Percentages, by Type, 2021 (%)

OEM

Aftermarket

Global Automotive Ultrasonic Radar Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Ultrasonic Radar Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Automotive Ultrasonic Radar Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Ultrasonic Radar Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Ultrasonic Radar revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Ultrasonic Radar revenues share in global market, 2021 (%)

Key companies Automotive Ultrasonic Radar sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automotive Ultrasonic Radar sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Valeo

Bosch

Nicera

Japan Murata

Audiowell Electronics(Guangdong)Co.,Ltd.

Coligen (China) Corp.