Radar Detectors Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Corded and Remote Mounted) and Radar Type (Dash Camera Based and Without Dash Cam)

Radar Detectors Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Corded and Remote Mounted) and Radar Type (Dash Camera Based and Without Dash Cam)

The radar detectors market size is expected to reach US$ 290.06 million by 2030 from 207.75 million in 2022, with an estimated CAGR of 4.3% from 2022 to 2030.

In several nations, using or owning a radar detector is prohibited and punishable by fines, device confiscation, or both. In the European Union and the United Kingdom, the legalities surrounding the purchase, usage, and selling of radar detectors vary significantly. Although a few countries allow users to purchase radar detectors, this does not necessarily imply that they can use the product while driving.

Detectors must be modified to understand and receive signals transmitted by European radars. Detectors designed for the US and other markets won't function accurately in Europe. In the early 21st century, several manufacturers began offering customized variants known as Euro models. Before purchasing, it is necessary to ensure the device will detect all radars in Europe. Though a few European Union countries allow drivers to purchase radar detectors, this does not guarantee that using a radar detector is permitted. The following countries allow drivers to legally use radar detectors on the road: Austria, Bulgaria, the Czech Republic, Denmark, Hungary, Iceland, Lithuania, and the UK. Currently, Europe has mixed laws regarding radar detector implementations; however, with the growth of connected car technologies, various opportunities for radar detector manufacturers will be available, which is expected to boost the radar detectors market in the region in the coming years.

Based on radar type, the radar detectors market is segmented into dash camera based and without dash cam. The without dash cam segment held the largest share of the radar detectors market in 2022. The dash camera-based radar detector provides drivers high-end detection and video protection to enhance their safety. It offers a detection range with superior video image quality, even in low light. It allows drivers to receive immediate notifications on speed enforcement locations, GPS-based locations of red-light cameras and speed cameras, and real-time awareness alerts on road conditions and events connected to the driving community. All these factors are contributing to the growing demand for dash camera-based radar detectors to enhance the safety further. Market players launch innovative solutions to cater to the demand. For instance, in September 2021, ESCORT, a radar and laser detection provider, launched MAXcam 360c, a driver alert system that links a high-performance radar detector with an advanced dash camera, providing advanced capabilities for drivers concerned about road safety. Its Drive Smarter companion app generates over 100 million shared driver alerts annually, which also helps to allocate the other vehicles. In June 2019, Cobra Electronics launched intelligent driver information systems with a long-range radar detection system and a high-definition dash camera in a single unit. Such innovative product launches foster the radar detectors market growth for the segment.

Uniden America Corporation, Cedar Electronics, Radenso, K40 Electronics LLC, The Whistler Group Inc., Genevo SRO, IDeal Intelligent Technology Co Ltd, Axis Communications AB, Shenzhen Sinomatic Technology Co Ltd, Novasky Technology Co Ltd, and Wavesonic Technology Co Ltd are among the key radar detectors market players that are profiled in this market study.

The overall radar detectors market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the radar detectors market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the radar detectors market.