Automotive Radar Market by Top Key Players - Robert Bosch GmbH, HELLA KGaA, Continental AG, Denso Corporation, Aptiv Plc, Valeo S.A., Infineon Technologies AG, Texas Instruments Inc.

Automotive radar is defined as distance sensors which are used to locate objects around the vehicles proximity. Road traffic crashes have become a major global challenge. Every year millions of people are known to die in road accidents and get seriously injured. This led to the development of significant technology of road safety. The automotive radar technology has been identified as an imperative technique to improve road safety and enhance driving experience.

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The automotive radar technology has been identified as an imperative technique to improve road safety and enhance driving experience. This technology is being widely adopted in passenger cars and commercial vehicle across the globe. Radar is a method of using radio waves which is used to determine the angle, range, and relative speed of objects across its vicinity.

By Market Players: Robert Bosch GmbH, HELLA KGaA, Continental AG, Denso Corporation, Aptiv Plc, Valeo S.A., Infineon Technologies AG, Texas Instruments Inc., Analog Devices Inc. and NXP Semiconductors N.V.

On the basis of range of the radar, the market is segment in Short Range Radar and Medium Range Radar and Long Range Radar. The short-range radar (SRR) system primarily operates at the 24 GHz frequency band and requires a large bandwidth ranging from 3-5 GHz. The Long-range radar (LRR) operates at 77-81 GHz frequency band and showcase the promising future in automotive radar market. In 2017, short and medium range radar held the maximum revenue share and the same is expected to follow during the forecast period (2018-2024).

Among different vehicle types, passenger cars held the maximum share in 2017, however due to increase in demand of radar system in high end vehicles, the luxury vehicles segment is anticipated to be the fastest growing market segment growing at a CAGR of 23.3% during the forecast period (2018-2024).

To analyze the growth potential of the automotive radar industry the report is further analyzed based on different geographies and countries including North America (U.S., Canada, Mexico and rest of North America), Europe (Germany, France, U.K., Russia, Italy, Spain and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Taiwan and rest of Asia-Pacific), Latin America (Brazil, Argentina, Chile and rest of Latin America) and Middle East and Africa ( UAE, KSA, Algeria, Kuwait, Egypt, Qatar and rest of MENA). In 2016, North America was the largest market in value terms, owing to the stringent safety regulations in the region.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

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Table of Content
1 MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 REGULATORY FRAMEWORK
2.1 General Overview
2.1.1 European Commission Regulation for Automotive Radar
2.1.2 Germany Regulation for Automotive Radar
2.1.3 United States Regulation for Automotive Radar
2.1.4 United Kingdom Regulation for Automotive Radar
2.1.5 Emirates Regulation for Automotive Radar
3 RESEARCH METHODOLOGY OR ASSUMPTION
3.1 Secondary Data
3.1.1 Key Secondary Sources
3.2 Primary Data
3.2.1 Sampling Techniques & Data Collection Methods
3.2.2 Primary Participants
4 INDUSTRY PERFORMANCE
5 EXECUTIVE SUMMARY
6 MARKET OVERVIEW
6.1 Introduction
6.1.1 Automotive Radar Market
6.2 Market Dynamics
6.2.1 Market Drivers
6.2.1.1 Rising Government Regulation for Vehicle Safety
6.2.1.2 Surging Adoption of ADAS by OEMs
6.2.1.3 Stimulating Demand for Luxury Segment Vehicles

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