Automation Industrial Monitors Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive 4d imaging radar market size has grown exponentially in recent years. It will grow from $0.12 billion in 2024 to $0.23 billion in 2025 at a compound annual growth rate (CAGR) of 93.8%. The growth in the historic period can be attributed to increasing focus on data privacy and security in radar systems, growing demand for radar-based gesture recognition systems, growing demand for radar-based gesture recognition systems, growing use of radar sensors in unmanned aerial vehicles (UAVS),adoption of automotive radar for vehicle-to-everything (v2x) communication.

The automotive 4d imaging radar market size is expected to see exponential growth in the next few years. It will grow to $2.47 billion in 2029 at a compound annual growth rate (CAGR) of 80.2%. The growth in the forecast period can be attributed to increasing demand from consumers for enhanced safety features in vehicles, increasing emphasis on vehicle automation, increasing demand for advanced driver assistance systems, growing demand for autonomous vehicles, expansion of 5G infrastructure for enhanced connectivity. Major trends in the forecast period include technological advancements in radar technology, expansion of electric and hybrid vehicle market, collaboration between automotive OEMS and radar technology providers, expansion of radar technology for military and defense applications.

The rising demand for advanced driver assistance systems (ADAS) is anticipated to drive the expansion of the automotive 4D imaging radar market. ADAS includes electronic systems that support drivers with driving and parking by utilizing sensors, cameras, and AI, ultimately improving vehicle safety and driving efficiency. 4D imaging radar provides a detailed, multidimensional view of the environment, allowing ADAS to effectively detect and track vehicles, pedestrians, and obstacles. For example, as of October 2024, data from the MITRE Corporation, a US-based non-profit organization, indicates that by the 2023 model year, over 50% of 14 ADAS features had been adopted, with five features exceeding a 90% adoption rate, compared to none reaching 75% in prior years. Consequently, the growing adoption of ADAS is fueling the demand for automotive 4D imaging radar.

Leading companies in the automotive 4D imaging radar market are focusing on developing innovative solutions to meet industry demands. One such solution is the high-resolution imaging radar developed in collaboration with SAIC, which serves various purposes, including military surveillance, disaster response, autonomous vehicles, and infrastructure and environmental monitoring. For example, in December 2022, ZF Friedrichshafen AG, a technology company based in Germany, introduced its state-of-the-art 4D Imaging Radar in partnership with SAIC Motor Corporation. This radar is integrated into SAIC’s R-Series electric vehicles and offers 192 channels, providing 16 times the resolution of traditional automotive radars. This enables precise detection of surroundings across four dimensions: range, speed, horizontal angle, and height. The system is designed to improve safety and support a range of driving functions, from semi-automated to fully automated driving, enhancing the ability to navigate complex driving environments. This development reinforces ZF’s commitment to advancing automotive sensing technologies, establishing it as a leader in the radar market for autonomous driving.

In October 2022, Renesas Electronics Corporation, a Japan-based semiconductor manufacturing company, successfully acquired Steradian Semiconductors Private Limited for an undisclosed sum. This strategic acquisition is geared towards broadening Renesas' automotive product portfolio by incorporating Steradian's radar technology. Additionally, it aims to enhance Renesas' presence in the radar market. Steradian Semiconductors Private Limited, headquartered in India, specializes in providing 4D imaging radar solutions for the automotive industry.

Major companies operating in the automotive 4D imaging radar market are Panasonic Corporation, Denso Corporation, Magna International Inc., ZF Friedrichshafen AG, Continental AG, Valeo S.A., Aptiv PLC, Analog Devices Inc., Autoliv Inc., Velodyne Lidar Inc., Hella GmbH & Co. KGaA, Robert Bosch GmbH, Veoneer Inc., Topcon Positioning Systems Inc., First Sensor AG, Blackmore Sensors and Analytics Inc., Ibeo Automotive Systems GmbH, LeddarTech Inc., Ouster Inc., Innovusion Inc., Luminar Technologies Inc., Quanergy Systems Inc., Innoviz Technologies Ltd., Cepton Technologies Inc., AdaSky Technologies Ltd., FLIR Systems Inc., Xenomatix NV, AEye Inc.

North America was the largest region in the automotive 4D imaging radar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive 4d imaging radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive 4d imaging radar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive 4D imaging radar market consists of revenues earned by entities by providing services such as installation, maintenance, and repair of automotive 4D imaging radar systems. The market value also includes the value of related goods sold by the service provider, such as radar sensors, software updates, and aftermarket accessories. The automotive 4D imaging radar market also includes sales of radar modules, antennas, and associated hardware and software components. Values in this market are 'factory gate' values, incorporating the total value of goods sold by manufacturers or creators of the goods, whether directly to end customers or through intermediaries such as wholesalers, distributors, and retailers. The value of goods in this market also comprises related services sold by the creators of the goods, such as training and technical support.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Automotive 4D imaging radar refers to cutting-edge radar technology integrated into vehicles to provide real-time, high-resolution imaging of surroundings in four dimensions, encompassing length, width, height, and time. This innovation significantly enhances safety features by facilitating precise detection of objects, pedestrians, and vehicles, thereby playing a pivotal role in supporting autonomous driving systems.

Key types of automotive 4D imaging radar include the Multiple-Input Multiple-Output (MIMO) chip cascade and radar chipset. A MIMO chip cascade denotes a system or configuration wherein multiple MIMO chips are interconnected or cascaded to augment the performance of wireless communication systems. The level of automation ranges from Advanced Driver Assistance Systems (ADAS) to Autonomous Vehicles (AV), featuring short-range radar, medium and long-range radar, and frequencies spanning from 24 GHz to 24.25 GHz, 21 GHz to 26 GHz, 76 GHz to 77 GHz, and 77 GHz to 81 GHz. These frequencies are utilized for critical functions including collision avoidance, autonomous emergency braking, adaptive cruise control (ACC), blind spot detection, and lane change assistance applications.

The automotive 4D imaging radar market research report is one of a series of new reports that provides automotive 4D imaging radar market statistics, including automotive 4D imaging radar industry global market size, regional shares, competitors with an automotive 4D imaging radar market share, detailed automotive 4D imaging radar market segments, market trends and opportunities, and any further data you may need to thrive in the automotive 4D imaging radar industry. This automotive 4D imaging radar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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