The Business Research Company’s Automotive Radar Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Radar Global Market Report 2023 evaluates automotive radar market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive radar market size grew from $5.05 billion in 2022 to $6.05 billion in 2023 at a compound annual growth rate (CAGR) of 19.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive radar market size is expected to grow to $11.94 billion in 2027 at a CAGR of 18.5%.
The automotive radar market segments in the report are:
1) By Vehicle Type: Passenger Car, Commercial Vehicle
2) By Range: Long-Range Radar (Lrr), Short And Medium-Range Radar (S&Mrr)
3) By Frequency: 24 Ghz, 77 Ghz, 79 Ghz
4) By Application: Adaptive Cruise Control (Acc), Autonomous Emergency Braking (Aeb), Blind Spot Detection (Bsd), Forward Collision Warning System, Intelligent Park Assists, Other Applications
Top Key Players
- Analog Devices Inc.
- Autoliv Inc.
- Continental AG
- DENSO Corporation
- NXP Semiconductors
- BorgWarner Inc.
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The table of contents in TBRC’s automotive radar market report includes:
- Executive Summary
- Automotive Radar Market Characteristics
- Automotive Radar Market Trends And Strategies
- Automotive Radar Market – Macro Economic Scenario
- Automotive Radar Market Size And Growth
.
- Automotive Radar Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Automotive Radar Market
- Automotive Radar Market Future Outlook and Potential Analysis
- Appendix
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