Automotive Radar Sensors Market On Solid Ground

According to a research report by Technavio, the global automotive radar sensors market is expected to post a CAGR of over 21% during the period from 2018 to 2022. Growth of the market is attributed to the availability of high-frequency radar sensors.

 

For long-range applications, the most used radar sensor is of 77 GHz frequency. For short and mid-range there is more diversity with the presence of 22-, 77-, and 79-GHz radar sensors, which are gaining traction in the market. The wide availability of 79-GHz radar sensor required for operating radar-based automotive safety systems will continue to promote the use and adoption of radar sensor units. Moreover, the 79-GHz radar sensor has been under the focus of various radar startups over the past couple of years.

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In addition, companies like Continental also introduced this sensor in mid-2017. Driven by the availability of electromagnetic spectrum. Currently, radar-based systems offer driver safety and comfort features in vehicles. Thus, with many such advantages, the global automotive radar sensors market is expected to register a positive outlook during the forecast period.

 

Report Highlights

  • Analysis of the most important trends expected to impact the market outlook during the forecast period.
  • Spotlight on the growing emergence of intelligent transportation as one of the key emerging trends in the global automotive radar sensors market.
  • Market ecosystem, characteristics, segmentation analysis, definition, size, and forecast.
  • Market drivers, challenges, and trends.
  • Vendor landscape.  

Need more information on this market? Request a free sample report.

 

Technavio Research

US: +1 844 364 1100

UK: +44 203 893 3200

[email protected]

www.technavio.com

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