The technologies in automotive radar have undergone significant change in recent years, with low frequency short range radar system to high frequency long range radar system. The rising wave of new technologies, such as short range radar, medium range radar, and long range radar technologies are creating significant potential for automotive radar in various applications due to active safety systems, which assist drivers to virtually look through the vehicles and sense the static and dynamic objects on the road.
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The growth of short range, medium range, and long range radar technologies are creating potential for automotive radar in different ADAS applications, such as adaptive cruise control, blind spot detection, forward collision warning system, and intelligent parking assistance. Rising government regulations for vehicle safety, increasing adoption of ADAS (advanced driver-assistance systems) technology by OEMs, high demand for premium segment vehicles, and rise in number of radar sensors used per vehicle are creating new opportunities for various automotive radar technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in automotive radar market, and it has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Automotive Radar Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in automotive radar market.
Lucintel study finds that automotive radar technology is forecast to grow at a CAGR of 24% from 2019 to 2024. Medium range radar is the largest segment of this market and is growing at above average growth. Robert Bosch, Hella, Continental, Denso Corporation, Delphi Automotive, Autoliv, and Valeo are among the major technology providers in the automotive radar market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global automotive radar technology by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type
Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
Short Range Radar
Medium Range Radar
Long Range Radar
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
Adaptive Cruise Control (ACC)
Short Range Radar
Medium Range Radar
Long Range Radar
Blind Spot Detection (BSD)
Short Range Radar
Medium Range Radar
Long Range Radar
Forward Collision Warning System (FCWS)
Short Range Radar
Medium Range Radar
Long Range Radar
Intelligent Parking Assistance (IPA)
Short Range Radar
Medium Range Radar
Long Range Radar
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
United States
Canada
Mexico
United Kingdom
Germany
France
Japan
China
South Korea
India
Latest Developments and Innovations in the Automotive Radar Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
This more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-landscape,-trends-and-opportunities-in-the-automotive-radar.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.