Automotive Ultrasonic Radar Market

The global Automotive Ultrasonic Radar market was valued at US$ 573.8 million in 2022 and is projected to reach US$ 955.8 million by 2029, at a CAGR of 7.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 aims to provide a comprehensive presentation of the global market for Automotive Ultrasonic Radar, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Ultrasonic Radar. 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, 2018-2023, 2024-2029, ($ millions)
• Global Automotive Ultrasonic Radar Market Sales, 2018-2023, 2024-2029, (K Units)
• Global top five Automotive Ultrasonic Radar companies in 2022 (%)

Global Automotive Ultrasonic Radar key players include Valeo, Bosch, Nicera, etc. Global top three manufacturers hold a share over 65%.

Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share about 40 percent.

In terms of product, OEM is the largest segment, with a share about 80%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.

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:

• OEM
• Aftermarket

• Passenger Vehicle
• Commercial Vehicle

• 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

• Key companies Automotive Ultrasonic Radar revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Automotive Ultrasonic Radar revenues share in global market, 2022 (%)
• Key companies Automotive Ultrasonic Radar sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Automotive Ultrasonic Radar sales share in global market, 2022 (%)

 key players include:

• Valeo
• Bosch
• Nicera
• Japan Murata
• Audiowell Electronics(Guangdong)Co.,Ltd.
• Coligen (China) Corp.

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Automotive Ultrasonic Radar, market overview.
• Chapter 2: Global Automotive Ultrasonic Radar market size in revenue and volume.
• Chapter 3: Detailed analysis of Automotive Ultrasonic Radar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Automotive Ultrasonic Radar in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Automotive Ultrasonic Radar capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.