The global radar detector market is expected to grow at a CAGR of 6.8% over the forecast period 2018-2025 and top key players are Escorts Inc.Cobra Electronics Corporation,K40 Electronics,Whistler Radar Detector International,Rocky Mountain Radar,BLADE,Gl

Radar detector is referred to a device which is used for detection of signals. Radar detector helps the cops detect signals at a greater range than the radar unit itself. It aids in detecting the speeding of the car. Radar detectors are easy to operate and low manning is required.

Market Size and Forecast

The global radar detector market is expected to grow at a CAGR of 6.8% over the forecast period 2018-2025. Additionally, the factors propelling the growth of radar detector market includes growing security concerns coupled with demand to reduce the accidents rate across the globe. Moreover, advancement in technology is believed to foster the growth of radar detector market.

The global radar detector market is segmented into types , wavelength and region. Further, types segment is sub-segmented into cordless, corded and remote mount. Likely, corded segment is believed to be the largest segment in overall radar detector. Corded radar detector is widely used due to it can be mounted on the windshield by means of suction cups.

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In terms of regional platform, North America region accounted for the largest market of radar detector in terms of revenue in 2017. Further, North America is expected to continue its dominance over the forecast period owing to technological advancements in the field of radar detector. Additionally, U.S. is the dominating country of radar detector market due to rising investments by government to enhance security infrastructure. Moreover, presence of major key players of radar detector in North America region is believed to foster the growth of radar detector market.

Europe region is also projected to show a tremendous growth over the forecast period. Further, the growth of Europe radar detector market is riding on the back of growing adoption of remote mounts radars. Further, U.K. and Germany are believed to be the major contributor in the market of radar detector over the forecast period.

Asia-Pacific region is the fastest growing market of radar detector in 2017 due to rising awareness regarding radar detector utilization in various industrial activities. Moreover, Asia-Pacific region is the most lucrative market due to emerging economies such as China, Japan and India. In addition to this, China and India are the major countries augmenting the demand for radar detector due to favorable government initiatives. Likely, positive GDP figures coupled with government initiatives to improve vehicle safety & security is envisioned to propel the growth of radar detector market.

Middle East and Africa is poised to showcase outstanding growth during the forecast period due to rapid urbanization couple with government initiatives.

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Market Segmentation

Our in-depth analysis segmented the global radar detector market in the following segments:

By Types

Cordless
Corded
Remote Mount
By Wavelength

X-Band
K-Band
Ka-Band
Ku-Band
Others
By Region

Global radar detector market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Growth Drivers and Challenges

Factors such as growing concerns regarding vehicle safety and security across the globe and continuous accidents due to over speeding is expected to flourish the growth of radar detector market by the end of 2025. Moreover, miniaturization and automation of detection systems is projected to flourish the growth of radar detector market around the globe. Likely, growing demand for radar detector in order to detect speed is predicted to boost the demand for radar detector.

Furthermore, rising demand to limit the accidents along with ease for vehicle owners, not to cross the limit of their vehicles are believed to spur the growth of radar detectors market over the forecast period. Additionally, growing research and development activities by major key players to provide effective product and modernization of existing radar detector are garnering the growth of radar detector market. Further, radar detectors are legal in non-commercial vehicles in 49 states in the United States (all except Washington D.C. and Virginia). This factor is also helping the market to grow and achieve phenomenal market size.

However, high cost of radar detectors is expected to hinder the growth of radar detector market over the forecast period.

Key players

The major key players for radar detector market are as follows

Beltronics
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Escorts Inc.
Cobra Electronics Corporation
K40 Electronics
Whistler Radar Detector International
Rocky Mountain Radar
BLADE
Global radars
Tecnet Co. Ltd.
Rizen Corporation
Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global radar detector market is segmented as follows:

By Types Market Size & Y-O-Y Growth Analysis
By Wavelength Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

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