Automotive Radar Sensors Market

Automotive radars are driver assistance systems that use sensors to detect the speed and range of objects in proximity of the vehicle. It is a core sensor (range, speed) of driver assistance systems: long range (LRR) for Adaptive Cruise Control, medium range (MRR) for cross traffic alert and lane change assist, short-range (SRR) for parking aid, obstacle/pedestrian detection. A key component of ADAS is radar systems that constantly sense the distance between vehicles in real-time, improving driving efficiency and safety.

Automotive radar sensors are used in various applications, such as autonomous braking, forward collision warning system, adaptive cruise control, lane departure warning, adaptive headlights, blind spot detection, and parking assistance. Major automakers across the globe started to integrate basic collision avoidance systems into their mass-market models. Owing to the increased number of road accidents, emphasis is on improved road safety regulations and laws for making vehicles safe for driving. This, in turn, is increasing the consumption of advanced driver-assistance systems (ADAS) and the demand for the automotive radar sensors market.

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

• Global Automotive Radar Sensors Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Automotive Radar Sensors Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Automotive Radar Sensors companies in 2021 (%)

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

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

Long Range Radar Sensor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Radar Sensors include Robert Bosch GmbH, NXP Semiconductors N.V, Infineon Technologies AG, Quanergy, Leddar, Ibeo Automotive Systems GmbH, Continental AG, Denso Corporation and TRW - ZF Friedrichshafen, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Radar Sensors 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 Radar Sensors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

• Long Range Radar Sensor
• Medium Range Radar Sensor
• Short Range Radar Sensor

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

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

• Park Assist Systems
• ACC
• BSD
• AEBS
• LDWS
• PPS
• Others

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

Global Automotive Radar Sensors 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 Radar Sensors revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Automotive Radar Sensors revenues share in global market, 2021 (%)
• Key companies Automotive Radar Sensors sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Automotive Radar Sensors sales share in global market, 2021 (%)

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

• Robert Bosch GmbH
• NXP Semiconductors N.V
• Infineon Technologies AG
• Quanergy
• Leddar
• Ibeo Automotive Systems GmbH
• Continental AG
• Denso Corporation
• TRW - ZF Friedrichshafen
• Delphi Automotive
• Hella
• Autoliv Inc
• Velodyne LiDAR
• Hitachi