Global Automotive Radar Market Analysis & Trends - Industry Forecast to 2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,200	200 Pages	Accuray Research LLP	July, 2024	AGLP19014030

Best Price Guarantee
Price	from $4,200
Length	200 Pages
Publisher	Accuray Research LLP
Published Date	July, 2024
SKU	AGLP19014030

Global Automotive Radar Market Analysis & Trends - Industry Forecast to 2030

Automotive Radar: Market Size

From $19.18 billion in 2024, the global Automotive Radar market is projected to reach $69.08 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 23.8% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, increasing adoption of long-range radar systems, growing demand for ADAS features, and an increase in demand for safety features in automobiles.

Global Automotive Radar Market: Market Dynamics

Vehicle manufacturers are focusing on developing next-generation car models that would be equipped with up to ten radar sensors. This enables a radar-based 360-degree surround-view that is necessary for semi-autonomous operation, as well as advanced driver assistance. Therefore, the command for multi-functional radar systems from the automotive industry is increasing exponentially. The growing requirements have led to a greater R&D in the field of radar systems of the automotive sector.

For instance, in August 2020, Huawei augmented investment in its optoelectronics R&D center in Wuhan, China with a focus on developing low-cost LiDAR technology and radar sensors. Hence, larger investments in improving the sensor and functionality capabilities of automotive radar as well as reducing the cost of radar technology are likely to drive the growth of the market.

On the other hand, usage of RADAR detectors being considered as illegal in some countries is likely to obstruct the profit boundaries. In addition, increased demand for premium segment vehicles and rising government regulations for vehicle safety will further boost the automotive radar market.

Impact of Covid-19 on Automotive Radar

The outbreak of COVID-19 has had a negative impact on the Automotive Radar Market. The covid-19 pandemic caused an unexpected lockdown in many parts of the world for preventing the spread of the virus which resulted in the rapid closing down of shops, factories, etc. The rapid decline of demand and supply and travel bans led to the downfall of the non-essential product market globally. The pandemic has made a major negative impact on the economy due to less work happening, less demand, shortage of employees in the factory, also due to travel ban which led to a shortage of raw materials, thus stopping the production. On the other hand, with the lockdown being relaxed and vaccination drives happening in many countries, the workflow has started growing thus, helping the market players to make a comeback. Government regulations and support regarding the growth in the economy and mounting start-ups are expected to surge the valuation of the automotive radar market during the forecast period. Hence, with these initiatives and processes, market growth is anticipated to grow in the near future.

By Frequency Type

7X-GHz Systems Segment Dominate the Market in 2024

The 7X-GHz systems segment made enormous revenue in 2024 and growing its prominence during the forecast period. The high demand for the 7X-GHz systems can be ascribed to advantages accessible by these sensors in different advanced driver assistance systems (ADAS) applications. 7X-GHz systems are used in adaptive cruise control, emergency braking system, and collision avoidance system among others. The market for these technologies is on the rise due to their better resolution and range capability.

By Geography

North America Region is Leading in the Global Market Place

North America is likely to have a huge demand in the forecast period due to the increasing development activities for autonomous vehicles, which are leading to high demand for radars in the continent. Along with the main regional automakers focusing on technological enhancements, governments are implementing several policies and presenting financial incentives for the implementation of such devices.

List of the Key Players Profiled in the Market Include:

• Aptiv plc
• Continental AG
• Denso Corporation
• HELLA GMBH & CO. KGAA
• Nidec Elesys Corporation
• Robert Bosch GmbH
• TungThih Electronic Co., Ltd.
• Valeo SA
• Veoneer Inc.
• ZF Friedrichshafen AG
• Autoliv Inc.
• Delphi Automotive Company
• NXP Semiconductors
• Texas Instruments
• Analog Devices, Inc
• Baumer

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

1 Market Outline: 1.1 Definition; 1.2 Market Segmentation & Scope; 1.3 Market Trends; 1.4 Regulatory Factors; 1.5 Technology Analysis; 1.6 End User Analysis; 1.7 Strategic Benchmarking; 1.8 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source: 3.1 Methodology/Research Approach; 3.1.1 Research Programs/Design; 3.1.2 Market Size Estimation; 3.2 Data Source and Assumptions; 3.2.1 Purchased Database; 3.2.2 Company Repository; 3.2.3 Secondary Sources; 3.2.4 Primary Research; 3.2.5 List of Assumptions
4 Market Overview: 4.1 Current Trends; 4.1.1 Large Amount of Medication Being Used on a Daily Basis; 4.1.2 Minimizing the Waste Generated by Pharma Industries; 4.1.3 Prevalence of Improved Infrastructure; 4.1.4 Growth Opportunities/Investment Opportunities; 4.2 Drivers; 4.3 Constraints; 4.4 Impact of COVID-19
5 Market Factor Analysis: 5.1 Porters Five Forces; 5.1.1 Bargaining power of suppliers; 5.1.2 Bargaining power of buyers; 5.1.3 Threat of substitutes; 5.1.4 Threat of new entrants; 5.1.5 Competitive rivalry; 5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research: 6.1 Consumer trends and preferences; 6.2 Factors affecting buying decision; 6.3 Consumer product adoption; 6.4 Observation & Recommendations
7 Deblistering Machines Market, By Type: 7.1 Tabletop; DATA TABLE Tabletop Market Forecast to 2030 (US$ MN); 7.2 Compact; DATA TABLE Compact Market Forecast to 2030 (US$ MN); 7.3 Rotary; DATA TABLE Rotary Market Forecast to 2030 (US$ MN)
8 Deblistering Machines Market, By Technology: 8.1 Manual; DATA TABLE Manual Market Forecast to 2030 (US$ MN); 8.2 Automatic; DATA TABLE Automatic Market Forecast to 2030 (US$ MN); 8.3 Semi-Automatic; DATA TABLE Semi-Automatic Market Forecast to 2030 (US$ MN)
9 Deblistering Machines Market, By Operating Speed: 9.1 Up to 40 Blisters per Minute (BPM); DATA TABLE Up to 40 Blisters per Minute (BPM) Market Forecast to 2030 (US$ MN); 9.2 40 to 80 Blisters per Minute (BPM); DATA TABLE 40 to 80 Blisters per Minute (BPM) Market Forecast to 2030 (US$ MN); 9.3 Above 80 Blisters per Minute (BPM); DATA TABLE Above 80 Blisters per Minute (BPM) Market Forecast to 2030 (US$ MN)
10 Deblistering Machines Market, By Material: 10.1 Aluminum; DATA TABLE Aluminum Market Forecast to 2030 (US$ MN); 10.2 Plastic; DATA TABLE Plastic Market Forecast to 2030 (US$ MN); 10.3 Stainless Steel; DATA TABLE Stainless Steel Market Forecast to 2030 (US$ MN)
11 Deblistering Machines Market, By Medication: 11.1 Capsules; DATA TABLE Capsules Market Forecast to 2030 (US$ MN); 11.2 Soft Gels; DATA TABLE Soft Gels Market Forecast to 2030 (US$ MN); 11.3 Tablets; DATA TABLE Tablets Market Forecast to 2030 (US$ MN)
12 Deblistering Machines Market, By Blister Pack: 12.1 Child-Resistant; DATA TABLE Child-Resistant Market Forecast to 2030 (US$ MN); 12.2 Heavy Gauge; DATA TABLE Heavy Gauge Market Forecast to 2030 (US$ MN); 12.3 Linear Formats; DATA TABLE Linear Formats Market Forecast to 2030 (US$ MN); 12.4 Multi-Product; DATA TABLE Multi-Product Market Forecast to 2030 (US$ MN); 12.5 Paper-Backed; DATA TABLE Paper-Backed Market Forecast to 2030 (US$ MN); 12.6 Push-Through; DATA TABLE Push-Through Market Forecast to 2030 (US$ MN)
13 Deblistering Machines Market, By End User: 13.1 Hospitals & Clinical Laboratories; DATA TABLE Hospitals & Clinical Laboratories Market Forecast to 2030 (US$ MN); 13.2 Medi-Waste Recyclers; DATA TABLE Medi-Waste Recyclers Market Forecast to 2030 (US$ MN); 13.3 Nutraceuticals; DATA TABLE Nutraceuticals Market Forecast to 2030 (US$ MN); 13.4 Pharmaceuticals Manufacturers; DATA TABLE Pharmaceuticals Manufacturers Market Forecast to 2030 (US$ MN); 13.5 Pharmacies; DATA TABLE Pharmacies Market Forecast to 2030 (US$ MN)
14 Deblistering Machines Market, By Geography: 14.1 North America; DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN); 14.1.1 US; 14.1.2 Canada; 14.1.3 Mexico; 14.2 Europe; DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN); 14.2.1 Germany; 14.2.2 U.K; 14.2.3 Italy; 14.2.4 France; 14.2.5 Spain; 14.2.6 Rest of Europe; 14.3 Asia Pacific; DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN); 14.3.1 China; 14.3.2 Japan; 14.3.3 India; 14.3.4 Australia; 14.3.5 New Zealand; 14.3.6 Rest of Asia Pacific; 14.4 Middle East; DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN); 14.4.1 Saudi Arabia; 14.4.2 UAE; 14.4.3 Rest of Middle East; 14.5 Latin America; DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN); 14.5.1 Argentina; 14.5.2 Brazil; 14.5.3 Rest of Latin America; 14.6 Rest of the World (RoW); DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN); 14.6.1 South Africa; 14.6.2 Others
15 Key Player Activities: 15.1 Acquisitions & Mergers; 15.2 Agreements, Partnerships, Collaborations and Joint Ventures; 15.3 Product Launch & Expansions; 15.4 Other Activities
16 Leading Companies: 16.1 ACG-Pam; 16.2 Healthmark; 16.3 Jornen Machinery; 16.4 MTS Medication Technologies; 16.5 O.M.A.R. Pharmaceutical Blister Solution; 16.6 Omnicell; 16.7 RBP Bauer; 16.8 SaintyCo; 16.9 Sepha; 16.10 Tommy Nielsen; 16.11 Uhlmann Pac-Systeme; 16.12 Vanguard Pharmaceutical Machinery
List of Tables: Table 1 Global Deblistering Machines Market By Region, Market Forecast (2022-2030) (US $MN); Table 2 Global Deblistering Machines Market By Type, Market Forecast (2022-2030) (US $MN); Table 3 Global Deblistering Machines Market By Tabletop, Market Forecast (2022-2030) (US $MN); Table 4 Global Deblistering Machines Market By Compact, Market Forecast (2022-2030) (US $MN); Table 5 Global Deblistering Machines Market By Rotary, Market Forecast (2022-2030) (US $MN); Table 6 Global Deblistering Machines Market By Technology, Market Forecast (2022-2030) (US $MN); Table 7 Global Deblistering Machines Market By Manual, Market Forecast (2022-2030) (US $MN); Table 8 Global Deblistering Machines Market By Automatic, Market Forecast (2022-2030) (US $MN); Table 9 Global Deblistering Machines Market By Semi-Automatic, Market Forecast (2022-2030) (US $MN); Table 10 Global Deblistering Machines Market By Operating Speed, Market Forecast (2022-2030) (US $MN); Table 11 Global Deblistering Machines Market By Up to 40 Blisters per Minute (BPM), Market Forecast (2022-2030) (US $MN); Table 12 Global Deblistering Machines Market By 40 to 80 Blisters per Minute (BPM), Market Forecast (2022-2030) (US $MN); Table 13 Global Deblistering Machines Market By Above 80 Blisters per Minute (BPM), Market Forecast (2022-2030) (US $MN); Table 14 Global Deblistering Machines Market By Material, Market Forecast (2022-2030) (US $MN); Table 15 Global Deblistering Machines Market By Aluminum, Market Forecast (2022-2030) (US $MN); Table 16 Global Deblistering Machines Market By Plastic, Market Forecast (2022-2030) (US $MN); Table 17 Global Deblistering Machines Market By Stainless Steel, Market Forecast (2022-2030) (US $MN); Table 18 Global Deblistering Machines Market By Medication, Market Forecast (2022-2030) (US $MN); Table 19 Global Deblistering Machines Market By Capsules, Market Forecast (2022-2030) (US $MN); Table 20 Global Deblistering Machines Market By Soft Gels, Market Forecast (2022-2030) (US $MN); Table 21 Global Deblistering Machines Market By Tablets, Market Forecast (2022-2030) (US $MN); Table 22 Global Deblistering Machines Market By Blister Pack, Market Forecast (2022-2030) (US $MN); Table 23 Global Deblistering Machines Market By Child-Resistant, Market Forecast (2022-2030) (US $MN); Table 24 Global Deblistering Machines Market By Heavy Gauge, Market Forecast (2022-2030) (US $MN); Table 25 Global Deblistering Machines Market By Linear Formats, Market Forecast (2022-2030) (US $MN); Table 26 Global Deblistering Machines Market By Multi-Product, Market Forecast (2022-2030) (US $MN); Table 27 Global Deblistering Machines Market By Paper-Backed, Market Forecast (2022-2030) (US $MN); Table 28 Global Deblistering Machines Market By Push-Through, Market Forecast (2022-2030) (US $MN); Table 29 Global Deblistering Machines Market By End User, Market Forecast (2022-2030) (US $MN); Table 30 Global Deblistering Machines Market By Hospitals & Clinical Laboratories, Market Forecast (2022-2030) (US $MN); Table 31 Global Deblistering Machines Market By Medi-Waste Recyclers, Market Forecast (2022-2030) (US $MN); Table 32 Global Deblistering Machines Market By Nutraceuticals, Market Forecast (2022-2030) (US $MN); Table 33 Global Deblistering Machines Market By Pharmaceuticals Manufacturers, Market Forecast (2022-2030) (US $MN); Table 34 Global Deblistering Machines Market By Pharmacies, Market Forecast (2022-2030) (US $MN); NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.