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Automotive Radar Market: Segmentation by Types, Applications & Growth Rate

02-18-2020 11:45 AM CET | Logistics & Transport

Press release from: Coherent Market Insights

Automotive Radar

Automotive Radar

Automotive radars are used for detecting objects on the road and sensing distances between vehicles in real-time. These radars help enhance driving efficiency and road safety. Automotive radars contain a receiver and transmitter, and is used for sending and receiving waves for detecting the distance, speed, and directions of objects. Collision detection, warning and mitigation, collision avoidance, blind spot monitoring and detection, lane change assistance, lane departure warning system, rear cross-traffic alerts, and vulnerable road user detection are some of the applications of automotive radar systems.

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Regional Insights:
The market for automotive radar in Europe accounted for the largest share in 2017 and is expected to retain its dominance over the forecast period (2018 - 2026). This growth is attributed to increasing stringency of vehicle safety norms for both active and passive safety standards on vehicles, by the European Commission (EC).

The Top Companies in the Automotive Radar Market Are: Continental AG, Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Valeo, NXP Semiconductors, HELLA KGaA Hueck & Co., Texas Instruments Incorporated (TI), Autoliv Inc., and ZF Friedrichshafen AG.

Global Automotive Radar Market: Taxonomy
1) By Range Type
- Long Range RADAR (LRR)
- Short & Mid-Range RADAR (S&MRR)

2) By Frequency Type
- 2X-GHZ
- 7X GHZ

3) By Application
- Adaptive Cruise Control
- Autonomous Emerging Braking
- Blind Spot Detection
- Forward Collision Warning System

4) By Vehicles
- Commercial Vehicles
- Economic Passenger Vehicle
- Luxury Passenger Vehicles
- Mid-Price Passenger Vehicle

5) By Distribution Channel
- OEM
- Aftermarket

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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