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Automotive Radar Sensors Market expected to grow at a CAGR of 18.9% to 2026 | Boston Scientific Corporation, Market Drot, Canon Medical Systems Corporation.

09-23-2019 11:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Automotive Radar Sensors Market - Premium Market Insights

Automotive Radar Sensors Market - Premium Market Insights

The Global Automotive radar sensors Market is expected to grow at a CAGR of 18.9% during the forecast period. Increase in number of RADAR sensors used per vehicle, rising government regulations for vehicle safety and increase in adoption of ADAS technology by OEMS and increased demand for premium segment vehicles are some of the key driving factors. However, the high cost of radar sensors and the corresponding technology is one of the key restraints of the market.

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Major market player included in this report are:
Boston Scientific Corporation, Market Drot, Canon Medical Systems Corporation, Abbott Vascular, Koninklijke Philips N.V, ST. Jude Medical, Merit Medical Systems, Inc, Medtronic Inc, Shimadzu Corporation, Toshiba Corporation, Philips Healthcare, Siemens Healthcare, Cordis Corporation (A Jnj Company), GE Healthcare, AngioDynamics, Inc.
Automotive radars are driver assistance systems that use sensors to detect the speed and range of objects in proximity of the vehicle. It is a core sensor (range, speed) of driver assistance systems: long range (LRR) for Adaptive Cruise Control, medium range (MRR) for cross traffic alert and lane change assist, short-range (SRR) for parking aid, obstacle/pedestrian detection. A key component of ADAS is radar systems that constantly sense the distance between vehicles in real-time, improving driving efficiency and safety.

The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Automotive Radar Sensors market growth during the forecast period. Segmentation of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Automotive Radar Sensors market through the segments and sub-segments.

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The report also provides the market size and estimates a forecast from the year 2017 to 2026 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the Automotive Radar Sensors market.

The report also analyzes the factors affecting Automotive Radar Sensors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

What the report features:-
• Global analysis of Automotive Radar Sensors market from 2017 – 2026 illustrating the progression of the market.
• Forecast and analysis of Automotive Radar Sensors market by Type Application and Regional Forecasts 2017-2026
• Forecast and analysis of Automotive Radar Sensors market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

For Purchase this report: https://www.premiummarketinsights.com/buy/SMRC00016178

Reasons to Buy the Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Radar Sensors Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Automotive Radar Sensors Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one-stop-shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose the most relevant and cost-effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you with your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

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