Emerging Trends in the Automotive Radar Market

We at Lucintel are glad to announce the launch of a new research report on the automotive radar market entitled “Growth Opportunities in the Automotive Radar Market”.

According to our research in this market report, the automotive radar market is expected to reach an estimated expected to grow with a CAGR of 24% from 2019 to 2024. There are some interesting new developments in the automotive radar market as competition intensifies and players try to increase their market share. Some major drivers for this market are stringent government regulations for vehicle safety, increase in adoption of ADAS technology by OEMs, growing demand for premium segment vehicles, innovations in the radar technology, and increasing number of radar sensors used per vehicle.

In the automotive radar market, large car, SUVs and crossovers, mid-size car, and light commercial vehicles, and electric vehicle markets are some of the major segments of automotive radar. Some of the dominant players in the automotive radar market are Continental, Robert Bosch, Delphi Automotive, Denso Corporation, Infineon Technologies, NXP Semiconductors, Valeo, Analog Devices, Hella KGaA Hueck & Co, Texas Instruments, Autoliv, and ZF Friedrichshafen, and others.

This market report on automotive radar answers following key questions about the market:

Q.1. What are some of the most promising, high-growth opportunities in the automotive radar market by segment and region?

Q.2. Which segments in the automotive radar market will grow at a faster pace and why?

Q.3. What are the business risks and competitive threats in automotive radar market?

Q.4. What are emerging trends in automotive radar market and reasons behind them?

Q.5. What are some of the changing demands and needs of customers in the automotive radar industry?

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