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Global Automotive Ultrasonic Radar Market Expected to Witness a Sustainable Growth over 2024

Global Automotive Ultrasonic Radar Market Expected to Witness

New report published by Market Research Report Store (MRRS) which offers insights on the global Automotive Ultrasonic Radar market.

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https://www.marketresearchreportstore.com/reports/294457/global-automotive-ultrasonic-radar-market

Global Automotive Ultrasonic Radar Market: Forecast by Type / Application / Region

For years, ultrasonic sensors have been used in a wide range of applications including fish finders, parking sensors in cars and burglar alarms.Ultrasonic sensing is usually used for short-distance applications at low speeds, such as park assist, self-parking, and blind-spot detection. More recently, convenience features like kick-to-open liftgates are starting to appear. Also known as a smart trunk opener, it lets the vehicle owner open the trunk hands-free by making a kicking motion with their foot under the rear bumper.

For maximum coverage, an automotive ultrasonic system typically uses multiple sensors located in the wing mirror and front and rear bumpers. Its response is repeatable and linear, which translates well to visual representations of target distance. Furthermore, the response isn’t dependent on surface color.

Ultrasonic sensing is a more cost-effective approach than cameras, which have poor close-distance detection. Though infrared sensing is cheaper than ultrasonic, it’s less accurate and can’t function properly in direct sunlight.

According to this study, over the next five years the Automotive Ultrasonic Radar market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Ultrasonic Radar business, shared in Chapter 3.

Global Automotive Ultrasonic Radar Market: Key Players
Bosch
Valeo
Murata
Denso
Mitsubishi
Panasonic
Nicera Sensor
TungThih Electronic
Hangsheng Electronics
Longhorn
Huichuang
Audiwei

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Related Information:
United States Automotive Ultrasonic Radar Market Research Report 2018
Europe Automotive Ultrasonic Radar Market Research Report 2018
North America Automotive Ultrasonic Radar Market Research Report 2018
Asia-Pacific Automotive Ultrasonic Radar Market Research Report 2018
China Automotive Ultrasonic Radar Market Research Report 2018
EMEA Automotive Ultrasonic Radar Market Research Report 2018
Global Automotive Ultrasonic Radar Market Research Report 2018

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