Home > Semiconductors & Electronics > Sensors > Radar Sensor Market

Radar Sensor Market Trends

  • Report ID: GMI3349
  • Published Date: Jul 2023
  • Report Format: PDF
 Download Free Sample

Radar Sensor Market Trends

The increasing investment in smart city projects worldwide will boost the demand for radar sensors. The product integrated in traffic management, pedestrian detection, and parking systems to ensure effective organization. With the ever-expanding scope of smart city initiatives, there is significant potential for innovation and investment in radar sensor technology. The rapid urbanization and growing preference for intelligent infrastructure solutions will also stimulate the growth of radar sensor industry expansion over the forecast period.

Authors: Suraj Gujar, Deeksha Vishwakarma

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.

Radar Sensor Market Scope

  • Radar Sensor Market Size
  • Radar Sensor Market Trends
  • Radar Sensor Market Analysis
  • Radar Sensor Market Share

    • Buy Now

    Immediate Delivery Available

    Premium Report Details

    • Base Year: 2022
    • Companies covered: 27
    • Tables & Figures: 444
    • Countries covered: 17
    • Pages: 150
     Download Free Sample
    ×
    Get a free sample of Radar Sensor Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.