Global Imaging Radar Market Growth 2023-2029
Imaging radar is a subset of radar. Its name comes from its high angular resolution, which can provide clear images. Angular resolution is the ability to distinguish objects within the same range of distance and relative velocity, and recognize static objects at high resolution. Imaging radar is considered to be a comprehensive cost performance advantage that will have more cost and performance than other sensors. In some cases, imaging radar may identify objects on the road, such as bicycles, people or small obstacles. At the same time, it has the traditional advantages of dealing with bad weather conditions, which, at least so far, camera, ultrasonic and lidar can't do.
LPI (LP Information)' newest research report, the “Imaging Radar Industry Forecast” looks at past sales and reviews total world Imaging Radar sales in 2022, providing a comprehensive analysis by region and market sector of projected Imaging Radar sales for 2023 through 2029. With Imaging Radar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Imaging Radar industry.
This Insight Report provides a comprehensive analysis of the global Imaging Radar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Imaging Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Imaging Radar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Imaging Radar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Imaging Radar.
The global Imaging Radar market size is projected to grow from US$ 995.9 million in 2022 to US$ 1551.2 million in 2029; it is expected to grow at a CAGR of 1551.2 from 2023 to 2029.
Global Imaging Radar key players include Continental, ZF Friedrichshafen, Veoneer, etc. Global top three manufacturers hold a share over 65%.
North America is the largest market, with a share about 37%, followed by Europe and China, both have a share about 35 percent.
In terms of product, Millimeter-Wave Imaging Radar is the largest segment, with a share over 95%. And in terms of application, the largest application is 2D Imaging, followed by 3D Imaging.
This report presents a comprehensive overview, market shares, and growth opportunities of Imaging Radar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Millimeter-Wave Imaging Radar
Laser Imaging Radar
Segmentation by application
2D Imaging
3D Imaging
4D Imaging
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
ZF Friedrichshafen
Veoneer
Aptiv
Vayyar
Key Questions Addressed in this Report
What is the 10-year outlook for the global Imaging Radar market?
What factors are driving Imaging Radar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Imaging Radar market opportunities vary by end market size?
How does Imaging Radar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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