Global Radar Sensor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Radar Sensor market size was valued at USD 8949.3 million in 2023 and is forecast to a readjusted size of USD 18140 million by 2030 with a CAGR of 10.6% during review period.
A radar sensor is an electronic device that identifies the position and velocity of a distant object such as a vehicle, aircraft, or ship. Radar sensors identify electromagnetic emissions with the help of radio receivers. When the transmission is detected, the person in the vehicle is informed. Currently, the GPS technology is installed into radar sensors, and it aids the storage of locations indicated by the sensor when the user reaches their destination in addition to detecting objects, the radar sensors provide information such as range, speed, direction, and Doppler velocity.
North America is expected to hold the largest share of the radar sensor market in 2023; the market in APAC is expected to grow at a high rate between 2018 and 2023. The increased focus on safety and security features in the automobile sector in China, India, and Japan is the major factor driving the growth of the radar sensor market in APAC.
The Global Info Research report includes an overview of the development of the Radar Sensor industry chain, the market status of Automotive (Imaging Radar, CW Radar), Aerospace and Defense (Imaging Radar, CW Radar), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Radar Sensor.
Regionally, the report analyzes the Radar Sensor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Radar Sensor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Radar Sensor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Radar Sensor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Imaging Radar, CW Radar).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Radar Sensor market.
Regional Analysis: The report involves examining the Radar Sensor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Radar Sensor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Radar Sensor:
Company Analysis: Report covers individual Radar Sensor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Radar Sensor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace and Defense).
Technology Analysis: Report covers specific technologies relevant to Radar Sensor. It assesses the current state, advancements, and potential future developments in Radar Sensor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Radar Sensor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Radar Sensor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Imaging Radar
CW Radar
Pulse Radar
Non-imaging Radar
Speed Gauge
Altimeter
Market segment by Application
Automotive
Aerospace and Defense
Industrial
Security and Surveillance
Traffic Monitoring and Management
Environmental and Weather Monitoring
Others
Major players covered
Continental
NXP Semiconductors
Robert Bosch
ZF Friedrichshafen
Airbus
Autoliv
Banner Engineering
Delphi Automotive
DENSO
HELLA KGaA Hueck & Co.
Infineon Technologies
InnoSenT
Lockheed Martin
Omniradar
Raytheon Company
Saffron Electronics & Defense
Sivers IMA
Smartmicro
Texas instruments
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Radar Sensor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Radar Sensor, with price, sales, revenue and global market share of Radar Sensor from 2019 to 2024.
Chapter 3, the Radar Sensor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Radar Sensor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Radar Sensor market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Radar Sensor.
Chapter 14 and 15, to describe Radar Sensor sales channel, distributors, customers, research findings and conclusion.