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Radar Sensor Market Share
- Report ID: GMI3349
- Published Date: Jul 2023
- Report Format: PDF
Radar Sensor Market Share
The prominent companies in the worldwide radar sensor market are;
- Acconeer
- AMG Microwave
- Banner Engineering Corp.
- Continental AG
- Denso Corporation
- Hunan Nanoradar Science and Technology Co.Ltd.,
- Baumer AG
- Infineon Technologies A,
- KaikuTek
- Analog Devices
- MediaTek
- Ainstein
- Navtech Radar
- HELLA GmbH & Co. KGaA, and NOVELIC.
Frequently Asked Questions (FAQ) :
Market size for radar sensor was worth more than USD 13 billion in 2022 and is expected record over 15% CAGR through 2032, on account of rising integration of autonomous technology in automotive sector.
The radar sensor size from medium-range segment is projected to reach more that USD 30 billion by 2032, attributed to the extensive utilization mid-range sensors in automotive radar applications.
Asia Pacific dominated the global radar sensor industry with a remuneration of more than 5 billion in 2022 and is slated to showcase a y-o-y growth rate of over 18.5% during 2023 and 2032. The regional growth is fueled by the increasing adoption of electric vehicles (EVs) in China.
Acconeer, AMG Microwave, Banner Engineering Corp., Continental AG, Denso Corporation, Hunan Nanoradar Science and Technology Co., Ltd., Baumer AG, Infineon Technologies A, KaikuTek Inc, Analog Devices, Inc., MediaTek Inc., Ainstein, Inc., Navtech Radar, HELLA GmbH & Co. KGaA, and NOVELIC.
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