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Global Automotive Radar Market by Range (Short Range, Medium Range and Long Range), Vehicle Type (PC, LCV, and HCV), Frequency (2X-GHz, and 7X-GHz), Propulsion (ICE and Electric), Application and Region - Forecast to 2030

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    Report

  • 278 Pages
  • July 2024
  • Region: Global
  • Markets and Markets
  • ID: 5985306
Description Jump to:
The global automotive radar market is projected to grow from USD 6.6 Billion in 2024 to USD 33.6 Billion by 2030, registering a CAGR of 31.1%. The automotive sector is experiencing a notable shift from focusing solely on vehicle performance and efficiency to prioritizing safety and convenience. With growing consumer awareness and increasing government mandates regarding active safety measures, there is a rising demand for driver-assisting applications like lane departure warning, lane keep assist, rear park assist, and blind-spot detection. These enhanced features can detect driver drowsiness and alertness, reducing road accidents and mishaps. As automotive radar systems evolve and integrate with AI-driven technologies, they are poised to play a pivotal role in shaping the future of vehicle safety and driving experiences.

By frequency, 7X-GHz will grow at the highest CAGR during the forecast period.

By frequency, the 7X-GHz segment is expected to grow at highest CAGR during the forecast period. The 7X-GHz frequency band, comprising 77 GHz and 79 GHz frequencies in automotive radar, represents a significant advancement in radar technology, offering high-resolution, long-range sensing capabilities essential for modern driver assistance systems and autonomous driving features.

These frequencies are part of the mmWave spectrum, providing radar systems with finer detail and improved accuracy compared to lower-frequency bands like the 24 GHz band. Moreover, manufacturers are launching new radar systems. For instance, in January 2024, Texas Instruments (US) launched new radar sensor chips designed to create smarter and safer vehicles. The AWR2544 77GHz mmWave, radar sensor chip, enhances autonomy by improving sensor fusion and decision-making in ADAS. Such development will accelerate the market growth in the forecast period.

Medium-range radar hold the prominent share in the range segment.

Medium-range automotive radar (MRR) systems are essential to modern vehicle safety and driver assistance technologies. MRR systems offer good resolution and accuracy and can detect and track multiple objects simultaneously. This capability is crucial for making informed decisions in complex driving scenarios, such as navigating through intersections or overtaking other vehicles on the highway. Their balanced detection range and versatility make them indispensable for a wide range of ADAS features, significantly improving vehicle safety, efficiency, and driver comfort. As automotive technology continues to advance, the adoption and integration of medium-range radar systems are expected to grow, further enhancing the capabilities of modern vehicles.

Asia Pacific to be the largest growing market for automotive radar during the forecast period.

The Asia Pacific market is estimated to be the largest growing market during the forecast period. The market growth in Asia Pacific can be attributed to the high vehicle production and use of advanced electronics in Japan, South Korea, and China. These countries' governments have recognized the automotive sector's growth potential and consequently undertaken various initiatives to encourage major OEMs to enter their domestic markets.

Several European and US automobile manufacturers, such as Volkswagen AG (Germany), Mercedes Benz (Germany), and General Motors (US), have shifted their production plants to emerging economies in Asia Pacific. Major automotive radar providers such as Robert Bosch GmbH, Continental AG, Aptiv (Ireland), and Denso Corporation (Japan) have production facilities across the region. In March 2023, Aptiv Investment Co., Ltd. announced opening of a connection system engineering center in Wuhan, China. Such development will drive the Asia Pacific market during the forecast period.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
  • By Respondent Type: OEMs - 34%, Tier 1 - 41%, and Others - 25%
  • By Designation: CXO’s - 35%, Managers - 49%, and Executives- 16
  • By Region: North America - 24%, Europe - 37%, Asia Pacific - 32%, and Rest of the World - 7%
The automotive radar market is primarily dominated by globally recognized players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Aptiv (Ireland), Denso Corporation (Japan), and NXP Semiconductors (Netherlands). These companies manufacture automotive radar and develop new technologies. These companies have set up R&D facilities and offer best-in-class products to their customers.

Research Coverage:

The Market Study Covers the Automotive Radar Market By Range (Short-range Radar, Medium-range Radar, Long-range Radar), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), By Frequency (2X-GHz and 7X-GHz), By Propulsion (ICE and Electric), By Application [Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System (FCWS), Intelligent Parking Assistance (IPA), Cross Traffic Alert (CTA), Lane Departure Warning System (LDW) And Traffic Jam Assist (TJA)] and By Region (North America, Europe, Asia Pacific, and the Rest of the World). It also covers the competitive landscape and company profiles of the major automotive radar market ecosystem players.

Key Benefits of the Report

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.he report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall automotive radar market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing consumer demand for ADAS, Doppler frequency shift, Advancements in radar technology), restraints (Inability to distinguish multiple targets, Different climate conditions), opportunities (Growing push for autonomous vehicles, Potential for innovative business models, 4D imaging radar, Signal interference), and challenges (Competition from alternate technologies, Fluctuating raw material prices and supply chain disruptions) influencing the growth of the automotive radar market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the automotive radar market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the automotive radar market across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the automotive radar market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Robert Bosch GmbH (Germany), Continental AG (Germany), Aptiv (Ireland), Denso Corporation (Japan), NXP Semiconductors (Netherlands), and among others in the automotive radar market Page 25 of 34 strategies. The report also helps stakeholders understand the pulse of the ADAS market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Segments Covered
1.3.2 Regions Covered
1.3.3 Years Considered
1.3.4 Currency Considered
1.3.5 Units Considered
1.4 Stakeholders
1.5 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews: Demand and Supply Sides
2.1.2.2 Primary Participants
2.1.2.3 Objectives of Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Recession Impact Analysis
2.4 Data Triangulation
2.5 Factor Analysis
2.5.1 Demand- and Supply-Side Factor Analysis
2.6 Research Assumptions
2.7 Research Limitations
2.8 Risk Analysis
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Automotive Radar Market
4.2 Automotive Radar Market, by Range
4.3 Automotive Radar Market, by Vehicle Type
4.4 Automotive Radar Market, by Frequency
4.5 Automotive Radar Market, by Propulsion
4.6 Automotive Radar Market, by Region
5 Market Overview
5.1 Introduction
5.2 Trends and Disruptions Impacting Customers
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Consumer Demand for Adas in Vehicles
5.3.1.2 Doppler Frequency Shift
5.3.1.3 Advancements in Radar Technology
5.3.2 Restraints
5.3.2.1 Inability to Distinguish Multiple Targets
5.3.2.2 Different Climate Conditions
5.3.3 Opportunities
5.3.3.1 Growing Push for Autonomous Vehicles
5.3.3.2 Potential for Innovative Business Models
5.3.3.3 4D Imaging Radar
5.3.3.4 Signal Interference
5.3.4 Challenges
5.3.4.1 Competition from Alternate Technologies
5.3.4.2 Fluctuating Raw Material Prices and Supply Chain Disruptions
5.4 Pricing Analysis
5.4.1 Average Selling Price Trend, by Range, 2021-2023
5.4.2 Average Selling Price Trend, by Region, 2021-2023
5.5 Ecosystem Analysis
5.6 Supply Chain Analysis
5.7 Case Study Analysis
5.7.1 Nxp's Advanced Automotive Radar Socs for Enhanced Adas
5.7.2 Automotive Synthetic Aperture Radar by Robert Bosch
5.7.3 Adas Testing Enhancement with Virtual and Hardware-In-The-Loop Systems
5.8 Investment and Funding Scenario
5.9 Patent Analysis
5.9.1 Introduction
5.9.2 Top Patent Applicants
5.10 Technology Analysis
5.10.1 Key Technologies
5.10.1.1 Multi-Radar Systems
5.10.1.1.1 Functions of Multi-Radar Systems
5.10.1.2 AI-Integrated Radar
5.10.1.3 Radar Systems for Autonomous Vehicles
5.10.2 Complementary Technologies
5.10.2.1 Sub-Terahertz Radar
5.10.3 Adjacent Technologies
5.10.3.1 Impact of 5G Network on Machine-To-Machine Communication
5.11 HS Code Analysis
5.11.1 Import/Export Scenario (HS Code 900211)
5.12 Who Supplies Whom Analysis
5.13 Regulatory Landscape
5.13.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.13.1.1 North America: Regulatory Bodies, Government Agencies, and Other Organizations
5.13.1.2 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
5.13.1.3 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
5.14 Key Conferences and Events
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
5.15.2 Buying Criteria
6 Automotive Radar Market, by Application
6.1 Introduction
6.2 Adaptive Cruise Control
6.3 Automatic Emergency Braking
6.4 Blind Spot Detection
6.5 Forward Collision Warning System
6.6 Intelligent Parking Assistance
6.7 Cross Traffic Alert
6.8 Lane Departure Warning System
6.9 Traffic Jam Assist
7 Automotive Radar Market, by Frequency
7.1 Introduction
7.2 2X-Ghz
7.2.1 Cost Advantage to Drive Market in Mid-Range and Entry-Level Vehicles
7.3 7X-Ghz System
7.3.1 Advancements in Adas and Autonomous Driving to Drive Market
7.4 Key Primary Insights
8 Automotive Radar Market, by Propulsion
8.1 Introduction
8.2 Ice
8.2.1 Government Regulations Focusing on Improved Vehicle Safety to Drive Market
8.3 Electric
8.3.1 Push for Autonomous and Semi-Autonomous Technologies to Drive Market
8.4 Key Primary Insights
9 Automotive Radar Market, by Range
9.1 Introduction
9.2 Short-Range Radar
9.2.1 Quick and Accurate Responses to Enhance Safety to Drive Market
9.3 Medium-Range Radar
9.3.1 Balance Between Close-Range Precision of Short-Range Radar and Extended Reach of Long-Range Radar to Drive Market
9.4 Long-Range Radar
9.4.1 Growing Use for Automatic Emergency Braking and Forward Collision Warning to Drive Market
9.5 Key Primary Insights
10 Automotive Radar Market, by Vehicle Type
10.1 Introduction
10.2 Passenger Car
10.2.1 Rising Demand for Advanced Safety Features in Passenger Cars to Drive Market
10.3 Light Commercial Vehicle
10.3.1 Increasing Integration of Adas in Light Commercial Vehicles to Drive Market
10.4 Heavy Commercial Vehicle
10.4.1 Growing Need for Improved Driver Visibility on Blind Spots to Drive Market
10.5 Key Primary Insights
11 Automotive Radar Market, by Region
11.1 Introduction
11.2 Asia-Pacific
11.2.1 Recession Impact Analysis
11.2.2 China
11.2.2.1 Increasing Demand for Adas Features in Passenger Cars to Drive Market
11.2.3 Japan
11.2.3.1 Government Initiatives to Enhance Adas Features to Drive Market
11.2.4 India
11.2.4.1 Focus on Affordable Safety Solutions and Technologies to Drive Market
11.2.5 South Korea
11.2.5.1 Introduction of New Vehicle Models with Adas to Drive Market
11.2.6 Thailand
11.2.6.1 Increasing Demand for Electric Vehicles to Drive the Market
11.2.7 Indonesia
11.2.7.1 Government Support for Electrification of Light Commercial Vehicles to Drive Market
11.2.8 Rest of Asia-Pacific
11.3 Europe
11.3.1 Recession Impact Analysis
11.3.2 France
11.3.2.1 Stright Government Policies for Vehicle and Passenger Safety to Drive Market
11.3.3 Germany
11.3.3.1 Growing Sales of Luxury Vehicles with Advance Safety Features to Drive Market
11.3.4 Spain
11.3.4.1 Collaboration Between OEMs and Technology Firms to Drive Market
11.3.5 UK
11.3.5.1 Focus on Innovation and High-Tech Manufacturing to Drive Market
11.3.6 Russia
11.3.6.1 Growth of Adas Adoption in Compact Car Models to Drive Market
11.3.7 Turkiye
11.3.7.1 Government Support to Modernize Automotive Sector to Drive Market
11.3.8 Rest of Europe
11.4 North America
11.4.1 Recession Impact Analysis
11.4.2 US
11.4.2.1 Growing Integration of High-Quality Radar Across Various Vehicle Segments to Drive Market
11.4.3 Canada
11.4.3.1 Strong Consumer Demand for Vehicles with Advanced Features to Drive Market
11.4.4 Mexico
11.4.4.1 Key Exporter of Vehicles with Stringent Safety Standards to Drive Market
11.5 Rest of the World
11.5.1 Recession Impact Analysis
11.5.2 Brazil
11.5.2.1 Presence of Key Automotive Sector Players to Drive Market
11.5.3 Iran
11.5.3.1 Partnerships Between International Automakers and Local Companies to Drive Market
11.5.4 Others
12 Competitive Landscape
12.1 Introduction
12.2 Key Player Strategies/Right to Win
12.3 Market Share Analysis, 2023
12.3.1 Robert Bosch GmbH
12.3.2 Continental AG
12.3.3 Aptiv
12.3.4 Denso Corporation
12.3.5 Nxp Semiconductors
12.4 Revenue Analysis, 2019-2023
12.5 Company Valuation and Financial Metrics
12.5.1 Company Valuation
12.5.2 Financial Metrics
12.6 Brand/Product Comparison
12.7 Company Evaluation Matrix: Key Players, 2023
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
12.7.4.1 Company Footprint
12.8 Company Evaluation Matrix: Start-Up/SMEs, 2024
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
12.9 Competitive Benchmarking
12.10 Competitive Scenarios and Trends
12.10.1 Product Launches
12.10.2 Deals
12.10.3 Expansions
12.10.4 Other Developments
13 Company Profiles
13.1 Key Players
13.1.1 Robert Bosch GmbH
13.1.1.1 Business Overview
13.1.1.2 Products Offered
13.1.1.3 Recent Developments
13.1.1.4 Others
13.1.1.5 Analyst's View
13.1.1.5.1 Key Strengths
13.1.1.5.2 Strategic Choices
13.1.1.5.3 Weaknesses and Competitive Threats
13.1.2 Continental AG
13.1.2.1 Business Overview
13.1.2.2 Products Offered
13.1.2.3 Recent Developments
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses and Competitive Threats
13.1.3 Aptiv
13.1.3.1 Business Overview
13.1.3.2 Products Offered
13.1.3.3 Recent Developments
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses and Competitive Threats
13.1.4 Denso Corporation
13.1.4.1 Business Overview
13.1.4.2 Products Offered
13.1.4.3 Recent Developments
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses and Competitive Threats
13.1.5 Nxp Semiconductors
13.1.5.1 Business Overview
13.1.5.2 Products Offered
13.1.5.3 Recent Developments
13.1.5.4 Deals
13.1.5.5 Analyst's View
13.1.5.5.1 Key Strengths
13.1.5.5.2 Strategic Choices
13.1.5.5.3 Weaknesses and Competitive Threats
13.1.6 Infineon Technologies AG
13.1.6.1 Business Overview
13.1.6.2 Products Offered
13.1.6.3 Recent Developments
13.1.7 Valeo
13.1.7.1 Business Overview
13.1.7.2 Products Offered
13.1.7.3 Recent Developments
13.1.8 Zf Friedrichshafen AG
13.1.8.1 Business Overview
13.1.8.2 Products Offered
13.1.8.3 Recent Developments
13.1.9 Texas Instruments Incorporated
13.1.9.1 Business Overview
13.1.9.2 Products Offered
13.1.9.3 Recent Developments
13.1.10 Veoneer
13.1.10.1 Business Overview
13.1.10.2 Products Offered
13.1.10.3 Recent Developments
13.1.11 Magna International Inc.
13.1.11.1 Business Overview
13.1.11.2 Products Offered
13.1.11.3 Recent Developments
13.1.12 Renesas Electronics Corporation
13.1.12.1 Business Overview
13.1.12.2 Products Offered
13.1.12.3 Recent Developments
13.2 Other Players
13.2.1 Hl Klemove
13.2.2 Ambarella International Lp
13.2.3 Hitachi Astemo, Ltd.
13.2.4 Kyocera Corporation
13.2.5 Samsung Electro-Mechanics
13.2.6 Hyundai Mobis
13.2.7 Stonkam Co. Ltd.
13.2.8 Brigade Electronics Group PLC
13.2.9 Lg Electronics
13.2.10 Vayyar Automotive
13.2.11 Stmicroelectronics
13.2.12 Novelic
13.2.13 Huawei Technologies Co. Ltd.
13.2.14 Hella GmbH & Co. KGaA
14 Analyst's Recommendations
14.1 Europe to be Prominent Market for Automotive Radar
14.2 Technical Advancements in Radar Technology to Drive Autonomous Vehicle Innovation
14.3 Growing Demand for Advanced Driver Assistance Systems to Automotive Radar Market
14.4 Conclusion
15 Appendix
15.1 Key Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledgestore: The Subscription Portal
15.4 Customization Options
15.4.1 Additional Company Profiles
15.4.2 Automotive Radar Market by Type at Country Level
15.4.3 Automotive Radar Market by Frequency at Country Level
List of Tables
Table 1 Automotive Radar Market Definition, by Range
Table 2 Automotive Radar Market Definition, by Application
Table 3 Automotive Radar Market Definition, by Vehicle Type
Table 4 Automotive Radar Market Definition, by Frequency
Table 5 Automotive Radar Market Definition, by Propulsion
Table 6 Inclusions and Exclusions
Table 7 USD Exchange Rates, 2018-2023
Table 8 Comparison of Wave-based Radar, Image-based Camera, and Light-based LiDAR Sensing Technologies
Table 9 Comparison of Radar vs. LiDAR
Table 10 Impact Analysis of Market Dynamics
Table 11 Average Selling Price Trend, by Range, 2021-2023 (USD)
Table 12 Average Selling Price Trend, by Region, 2021-2023 (USD)
Table 13 Automotive Radar Market: Role of Companies in Ecosystem
Table 14 List of Funding, 2023-2024
Table 15 Automotive Radar Market: Key Patents
Table 16 Superiority of Radar Over Other Automotive Sensors
Table 17 Import Data for HS Code 900211, by Country, 2019-2023 (USD Million)
Table 18 Export Data for HS Code 900211, by Country, 2019-2023 (USD Million)
Table 19 Supplier Analysis
Table 20 Regulations and Initiatives, by Country/Region
Table 21 Key Conferences and Events, 2024-2025
Table 22 Influence of Stakeholders on Buying Process by Vehicle Type (%)
Table 23 Key Buying Criteria for Different Automotive Radar Systems by Vehicle Type
Table 24 Feature Comparison of 24 Ghz, 77 Ghz, and 79 Ghz Automotive Radar
Table 25 Automotive Radar Market, by Frequency, 2019-2023 (Thousand Units)
Table 26 Automotive Radar Market, by Frequency, 2024-2030 (Thousand Units)
Table 27 Automotive Radar Market, by Frequency, 2019-2023 (USD Million)
Table 28 Automotive Radar Market, by Frequency, 2024-2030 (USD Million)
Table 29 2X-Ghz System: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 30 2X-Ghz System: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 31 2X-Ghz System: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 32 2X-Ghz System: Automotive Radar Market, by Region, 2024-2030 (USD Million))
Table 33 7X-Ghz System: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 34 7X-Ghz System: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 35 7X-Ghz System: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 36 7X-Ghz System: Automotive Radar Market, by Region, 2024-2030 (USD Million))
Table 37 Automotive Radar Market, by Propulsion, 2019-2023 (Thousand Units)
Table 38 Automotive Radar Market, by Propulsion, 2024-2030 (Thousand Units)
Table 39 Automotive Radar Market, by Propulsion, 2019-2023 (USD Million)
Table 40 Automotive Radar Market, by Propulsion, 2024-2030 (USD Million)
Table 41 Radar Suppliers, by Vehicle Model
Table 42 Ice: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 43 Ice: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 44 Ice: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 45 Ice: Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 46 Electric OEM Models, by Radar Supplier
Table 47 Electric: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 48 Electric: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 49 Electric: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 50 Electric: Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 51 Automotive Radar Characteristics According to International Telecommunication Union Recommendation
Table 52 Automotive Radar Market, by Range, 2019-2023 (Thousand Units)
Table 53 Automotive Radar Market, by Range, 2024-2030 (Thousand Units)
Table 54 Automotive Radar Market, by Range, 2019-2023 (USD Million)
Table 55 Automotive Radar Market, by Range, 2024-2030 (USD Million)
Table 56 Advantages of Short-Range Radar in Automotive Applications
Table 57 Short-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 58 Short-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 59 Short-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 60 Short-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 61 Medium-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 62 Medium-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 63 Medium-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 64 Medium-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 65 Long-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 66 Long-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 67 Long-Range Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 68 Long-Range Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 69 Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 70 Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 71 Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 72 Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 73 Passenger Car: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 74 Passenger Car: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 75 Passenger Car: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 76 Passenger Car: Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 77 Light Commercial Vehicle: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 78 Light Commercial Vehicle: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 79 Light Commercial Vehicle: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 80 Light Commercial Vehicle: Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 81 Heavy Commercial Vehicle: Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 82 Heavy Commercial Vehicle: Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 83 Heavy Commercial Vehicle: Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 84 Heavy Commercial Vehicle: Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 85 Automotive Radar Market, by Region, 2019-2023 (Thousand Units)
Table 86 Automotive Radar Market, by Region, 2024-2030 (Thousand Units)
Table 87 Automotive Radar Market, by Region, 2019-2023 (USD Million)
Table 88 Automotive Radar Market, by Region, 2024-2030 (USD Million)
Table 89 Asia-Pacific: Automotive Radar Market, by Country, 2019-2023 (Thousand Units)
Table 90 Asia-Pacific: Automotive Radar Market, by Country, 2024-2030 (Thousand Units)
Table 91 Asia-Pacific: Automotive Radar Market, by Country, 2019-2023 (USD Million)
Table 92 Asia-Pacific: Automotive Radar Market, by Country, 2024-2030 (USD Million)
Table 93 China: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 94 China: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 95 China: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 96 China: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 97 Japan: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 98 Japan: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 99 Japan: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 100 Japan: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 101 India: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 102 India: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 103 India: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 104 India: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 105 South Korea: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 106 South Korea: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 107 South Korea: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 108 South Korea: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 109 Thailand: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 110 Thailand: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 111 Thailand: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 112 Thailand: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 113 Indonesia: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 114 Indonesia: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 115 Indonesia: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 116 Indonesia: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 117 Rest of Asia-Pacific: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 118 Rest of Asia-Pacific: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 119 Rest of Asia-Pacific: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 120 Rest of Asia-Pacific: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 121 Europe: Automotive Radar Market, by Country, 2019-2023 (Thousand Units)
Table 122 Europe: Automotive Radar Market, by Country, 2024-2030 (Thousand Units)
Table 123 Europe: Automotive Radar Market, by Country, 2019-2023 (USD Million)
Table 124 Europe: Automotive Radar Market, by Country, 2024-2030 (USD Million)
Table 125 France: OEM Models with Adas Features, 2023
Table 126 France: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 127 France: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 128 France: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 129 France: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 130 Germany: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 131 Germany: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 132 Germany: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 133 Germany: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 134 Spain: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 135 Spain: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 136 Spain: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 137 Spain: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 138 UK: OEM Models with Adas Features, 2023
Table 139 UK: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 140 UK: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 141 UK: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 142 UK: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 143 Russia: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 144 Russia: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 145 Russia: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 146 Russia: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 147 Turkiye: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 148 Turkiye: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 149 Turkiye: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 150 Turkiye: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 151 Rest of Europe: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 152 Rest of Europe: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 153 Rest of Europe: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 154 Rest of Europe: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 155 North America: Automotive Radar Market, by Country, 2019-2023 (Thousand Units)
Table 156 North America: Automotive Radar Market, by Country, 2024-2030 (Thousand Units)
Table 157 North America: Automotive Radar Market, by Country, 2019-2023 (USD Million)
Table 158 North America: Automotive Radar Market, by Country, 2024-2030 (USD Million)
Table 159 US: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 160 US: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 161 US: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 162 US: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 163 Canada: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 164 Canada: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 165 Canada: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 166 Canada: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 167 Mexico: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 168 Mexico: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 169 Mexico: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 170 Mexico: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 171 Rest of the World: Automotive Radar Market, by Country, 2019-2023 (Thousand Units)
Table 172 Rest of the World: Automotive Radar Market, by Country, 2024-2030 (Thousand Units)
Table 173 Rest of the World: Automotive Radar Market, by Country, 2019-2023 (USD Million)
Table 174 Rest of the World: Automotive Radar Market, by Country, 2024-2030 (USD Million)
Table 175 Brazil: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 176 Brazil: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 177 Brazil: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 178 Brazil: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 179 Iran: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 180 Iran: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 181 Iran: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 182 Iran: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 183 Others: Automotive Radar Market, by Vehicle Type, 2019-2023 (Thousand Units)
Table 184 Others: Automotive Radar Market, by Vehicle Type, 2024-2030 (Thousand Units)
Table 185 Others: Automotive Radar Market, by Vehicle Type, 2019-2023 (USD Million)
Table 186 Others: Automotive Radar Market, by Vehicle Type, 2024-2030 (USD Million)
Table 187 Overview of Strategies Deployed by Players in Automotive Radar Market
Table 188 Degree of Competition
Table 189 Automotive Radar Market: Region Footprint, 2024
Table 190 Automotive Radar Market: Frequency Footprint, 2024
Table 191 Automotive Radar Market: Key Start-Ups/SMEs
Table 192 Automotive Radar Market: Competitive Benchmarking of Key Start-Ups/SMEs
Table 193 Automotive Radar Market: Product Launches, 2022-2024
Table 194 Automotive Radar Market: Deals, January 2022- December 2023
Table 195 Automotive Radar Market: Expansions, January 2022-April 2024
Table 196 Automotive Radar Market: Other Developments, January 2022-May 2024
Table 197 Robert Bosch GmbH: Company Overview
Table 198 Robert Bosch GmbH: Products Offered
Table 199 Robert Bosch GmbH: Product Launches/Developments
Table 200 Robert Bosch GmbH: Deals
Table 201 Robert Bosch GmbH: Expansions
Table 202 Robert Bosch GmbH: Others
Table 203 Continental AG: Company Overview
Table 204 Continental AG: Products Offered
Table 205 Continental AG: Deals
Table 206 Continental AG: Expansions
Table 207 Continental AG: Others
Table 208 Aptiv: Company Overview
Table 209 Aptiv: Products Offered
Table 210 Aptiv: Product Launches/Developments
Table 211 Aptiv: Deals
Table 212 Aptiv: Expansions
Table 213 Denso Corporation: Company Overview
Table 214 Denso Corporation: Products Offered
Table 215 Denso Corporation: Product Launches/Developments
Table 216 Denso Corporation: Deals
Table 217 Denso Corporation: Expansions
Table 218 Nxp Semiconductors: Company Overview
Table 219 Nxp Semiconductors: Products Offered
Table 220 Nxp Semiconductors: Product Launches/Developments
Table 221 Nxp Semiconductors: Deals
Table 222 Infineon Technologies AG: Company Overview
Table 223 Infineon Technologies AG: Products Offered
Table 224 Infineon Technologies AG: Product Launches/Developments
Table 225 Infineon Technologies AG: Deals
Table 226 Valeo: Company Overview
Table 227 Valeo: Products Offered
Table 228 Valeo: Deals
Table 229 Valeo: Expansions
Table 230 Valeo: Others
Table 231 Zf Friedrichshafen AG: Company Overview
Table 232 Zf Friedrichshafen AG: Products Offered
Table 233 Zf Friedrichshafen AG: Product Launches/Developments
Table 234 Zf Friedrichshafen AG: Deals
Table 235 Zf Friedrichshafen AG: Expansions
Table 236 Texas Instruments Incorporated: Company Overview
Table 237 Texas Instruments Incorporated: Products Offered
Table 238 Texas Instruments Incorporated: Product Launches/Developments
Table 239 Texas Instruments Incorporated: Deals
Table 240 Veoneer: Company Overview
Table 241 Veoneer: Products Offered
Table 242 Veoneer: Product Launches /Developments
Table 243 Veoneer: Deals
Table 244 Magna International Inc.: Company Overview
Table 245 Magna International Inc.: Products Offered
Table 246 Magna International Inc.: Deals
Table 247 Magna International Inc.: Expansions
Table 248 Magna International Inc.: Others
Table 249 Renesas Electronics Corporation: Company Overview
Table 250 Renesas Electronics Corporation: Products Offered
Table 251 Renesas Electronics Corporation: Product Launches/Developments
Table 252 Renesas Electronics Corporation: Deals
Table 253 Hl Klemove: Company Overview
Table 254 Ambarella International Lp: Company Overview
Table 255 Hitachi Astemo, Ltd.: Company Overview
Table 256 Kyocera Corporation: Company Overview
Table 257 Samsung Electro-Mechanics: Company Overview
Table 258 Hyundai Mobis: Company Overview
Table 259 Stonkam Co. Ltd.: Company Overview
Table 260 Brigade Electronics Group PLC: Company Overview
Table 261 Lg Electronics: Company Overview
Table 262 Vayyar Automotive: Company Overview
Table 263 Stmicroelectronics.: Company Overview
Table 264 Novelic: Company Overview
Table 265 Huawei Technologies Co. Ltd.: Company Overview
Table 266 Hella GmbH & Co. KGaA: Company Overview
List of Figures
Figure 1 Automotive Radar Market Segmentation
Figure 2 Research Design
Figure 3 Research Process Flow
Figure 4 Key Data from Secondary Sources
Figure 5 Breakdown of Primary Interviews
Figure 6 Research Methodology: Hypothesis Building
Figure 7 Automotive Radar Market: Bottom-Up Approach
Figure 8 Automotive Radar Market: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Market Growth Projections from Demand-Side Drivers and Opportunities
Figure 11 Automotive Radar Market Overview
Figure 12 Automotive Radar Market, by Region, 2024-2030
Figure 13 Automotive Radar Market, by Range, 2024-2030
Figure 14 Rising Demand for Safety Features to Drive Market
Figure 15 Long-Range Radar to Hold Largest Market Share During Forecast Period
Figure 16 Passenger Car Segment to Capture Largest Market Share During Forecast Period
Figure 17 7X-Ghz to Account for Dominant Market Share During Forecast Period
Figure 18 Ice Segment to Hold Dominant Market Share During Forecast Period
Figure 19 Asia-Pacific to Grow at Highest CAGR During Forecast Period
Figure 20 Trends and Disruptions Impacting Customers
Figure 21 Automotive Radar Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Acceleration in Level 1-2+ Passenger Vehicles
Figure 23 Technology Roadmap of Automotive Radar
Figure 24 Optics in Autonomous Vehicles
Figure 25 Current Radar vs. 4D Imaging Radar
Figure 26 Average Selling Price Trend, by Range, 2021-2023 (USD)
Figure 27 Average Selling Price Trend, by Region, 2021-2023 (USD)
Figure 28 Automotive Radar Market: Ecosystem Analysis
Figure 29 Automotive Radar Market: Supply Chain Analysis
Figure 30 Investment Scenario, 2022-2024
Figure 31 Automotive Radar Patents by OEMs (2012-2024)
Figure 32 Multi-Radar System in Vehicles
Figure 33 Sensing System for Autonomous Vehicles
Figure 34 Bit Rates for Different Networks
Figure 35 Influence of Stakeholders on Buying Process by Vehicle Type
Figure 36 Key Buying Criteria for Automotive Radar Systems, by Application
Figure 37 Architecture of Adaptive Cruise Control System
Figure 38 Stages of Automatic Emergency Braking
Figure 39 Blind Spot Detection System
Figure 40 Stages of Forward Collision Warning System
Figure 41 System Configuration of Intelligent Parking Assistant System
Figure 42 Cross Traffic Alert System
Figure 43 Architecture of Lane Departure Warning System
Figure 44 Working of Traffic Jam Assist System
Figure 45 Frequency Bands for Automotive Radar
Figure 46 7X-Ghz System to Hold Dominant Market Share During Forecast Period
Figure 47 24 Ghz Radar System
Figure 48 Placement of Radar Systems in Passenger Car
Figure 49 Ice Segment to Hold Dominant Market Share During Forecast Period
Figure 50 Range and Field of View for Automotive Radar
Figure 51 Long-Range Radar to Grow at Fastest Rate During Forecast Period
Figure 52 Passenger Car Segment to Hold Largest Market Share During Forecast Period
Figure 53 Radar Systems in Passenger Car
Figure 54 Component of Autonomous Driving in Heavy Commercial Vehicles
Figure 55 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 56 Asia-Pacific: Automotive Radar Market Snapshot
Figure 57 Germany to Hold Largest Market Share During Forecast Period
Figure 58 North America: Automotive Radar Market Snapshot
Figure 59 Brazil to Hold Largest Market Share in Rest of the World During Forecast Period
Figure 60 Market Share Analysis of Key Players, 2023
Figure 61 Revenue Analysis of Key Players, 2019-2023
Figure 62 Company Valuation of Key Players, 2024
Figure 63 Financial Metrics of Key Players, 2024
Figure 64 Brand/Product Comparison of Key Players
Figure 65 Company Evaluation Matrix (Key Players), 2023
Figure 66 Automotive Radar Market: Company Footprint, 2023
Figure 67 Company Evaluation Matrix (Start-Ups/SMEs), 2024
Figure 68 Robert Bosch GmbH: Company Snapshot
Figure 69 Continental AG: Company Snapshot
Figure 70 Continental AG: Worldwide Presence
Figure 71 Aptiv: Company Snapshot
Figure 72 Number of Millimeter Wave Radar and Vision Sensors Produced
Figure 73 Denso Corporation: Company Snapshot
Figure 74 Nxp Semiconductors: Company Snapshot
Figure 75 Infineon Technologies AG: Company Snapshot
Figure 76 Valeo: Company Snapshot
Figure 77 Valeo: Global R&D Centers
Figure 78 Zf Friedrichshafen AG: Company Snapshot
Figure 79 Texas Instruments Incorporated: Company Snapshot
Figure 80 Veoneer: Company Locations
Figure 81 Veoneer: Company Snapshot
Figure 82 Magna International Inc.: Company Snapshot
Figure 83 Renesas Electronics Corporation: Company Snapshot

Companies Mentioned

  • Robert Bosch GmbH
  • Continental AG
  • Aptiv
  • Denso Corporation
  • Nxp Semiconductors
  • Infineon Technologies AG
  • Valeo
  • Zf Friedrichshafen AG
  • Texas Instruments Incorporated
  • Veoneer
  • Magna International Inc.
  • Renesas Electronics Corporation
  • Hl Klemove
  • Ambarella International Lp
  • Hitachi Astemo, Ltd.
  • Kyocera Corporation
  • Samsung Electro-Mechanics
  • Hyundai Mobis
  • Stonkam Co. Ltd.
  • Brigade Electronics Group PLC
  • Lg Electronics
  • Vayyar Automotive
  • Stmicroelectronics
  • Novelic
  • Huawei Technologies Co. Ltd.
  • Hella GmbH & Co. KGaA

Table Information

Report AttributeDetails
No. of Pages278
PublishedJuly 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 6.6 Billion
Forecasted Market Value ( USD ) by 2030 $ 33.6 Billion
Compound Annual Growth Rate31.1%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Automotive Radar Market

The Automotive Radar market is a subset of the Telematics and Vehicle Electronics industry. Automotive Radar is a technology used to detect objects in the vicinity of a vehicle, such as other vehicles, pedestrians, and animals. It is used to provide drivers with information about their surroundings, such as the distance and speed of other vehicles, and to enable autonomous driving features. Automotive Radar is typically used in combination with other sensors, such as cameras and LiDAR, to provide a comprehensive view of the environment. The Automotive Radar market is expected to grow in the coming years, driven by the increasing demand for advanced driver assistance systems (ADAS) and autonomous driving features. Automotive Radar is also being used in a variety of other applications, such as parking assistance, blind spot detection, and adaptive cruise control. Notable companies in the Automotive Radar market include Continental AG, Denso Corporation, Robert Bosch GmbH, Autoliv Inc., Delphi Automotive PLC, and Valeo SA. Show Less Read more

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