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The automotive detection and ranging sensor market has undergone significant change in recent years, with automotive detection technology evolving from short range object detection to long range object detection. The rising wave of imaging, radar, lidar, and ultrasonic sensors is creating potential for new detection and ranging sensor applications, which is driving the demand for the automotive detection and ranging sensor market.
In the automotive detection and ranging sensor market, various detection technologies, such as imaging, radar, LIDAR, and ultrasonic sensors, are used in blind spot detection, adaptive cruise control, parking assistance, and pedestrian detection systems. Growing electronics content per vehicle, increasing demand for autonomous vehicles, and high investment by automotive OEMs for passenger safety are creating new opportunities for various automotive detection and ranging sensor technologies.
This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the automotive detection and ranging sensor market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.
Automotive detection and ranging sensors opportunities and technologies have evolved through number of stages as presented in figure below:
Evolution of Automotive Detection and Ranging Sensors Technologies
In this market, imaging sensors is the largest market technology, whereas blind spot detection is largest by application type. Growth in various segments of the automotive detection and ranging sensors market are given below:
Automotive Suspension Market by Segments