Press release
Global Commercial Vehicle & Off-Highway Radar Market Expected to Grow at 831 Million In Revenue by 2027.
Prophecy Market Insights
Key Highlights:
In August 2017, Denso Corporation introduced a 24-GHz side radar sensor and submillimeter-wave rear to improve vehicle safety systems. The sensor was used in the 2018 Toyota Camry released.
In July 2018, Robert Bosch GmbH and NIO, an electric vehicle company, entered into a partnership. This partnership is focused on automated driving, sensor technology, intelligent transport systems, and electronic motor controls.
HELLA declared to launch its latest 77 GHz radar technology in spring 2020. Primarily, the company will supply it to an Asian manufacturer of trucks and buses.
Download sample copy of this report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4243
Analyst View:
Rising trend towards autonomous driving
Growing trend towards autonomous driving in the commercial vehicle has been propelling the growth of the commercial vehicle & off-highway radar market. The key factor that boosts the application of radar in the commercial vehicle is the growth in safety awareness among the public and the government. As per IIHS (Insurance Institute for Highway Safety) in 2018, 4,136 people had lost their lives in the U.S. owing to large truck crashes. Such incidences are the major driver for radars for commercial vehicles. Though the influence of CONVID-19 the commercial vehicle segment will get affected for a while, owing to consumer preference of opting travel in personal vehicles and no public transport.
New product launches
New product launches are the key strategy undertaken by the prominent players in the commercial vehicle & off-highway radar market. Continental AG is a major player in the commercial vehicle & off-highway radar market. Enhanced cybersecurity, blockage detection, auto alignment is the key driving factor for Continental AG in the commercial vehicle & off-highway radar market. Additionally, higher range of 300m compared to other key players is the other key factor that adds growth in the commercial vehicle and off-highway radar market. In 2019, Continental introduced the launch of the 5th generation automotive radar. This new generation automotive radar is based on a scalable modular principle and has higher capacity.
Key Market Insights from the report:
The global commercial vehicle & off-highway radar market accounted for US$ 153 million in 2020 and is estimated to be 831 million by 2027 and is anticipated to register a CAGR of 27.4%. The market report has been segmented on the basis of frequency, component, application, and region.
By frequency, the target market is segmented into 24-Ghz and 77-81 Ghz.
By component, the target market is segmented into LRR, S&MRR, mono camera, and stereo camera.
By application, AEB is projected to account the highest share in the commercial vehicle radar market over the forecast period. Rising concern about the safety of passengers in commercial vehicles is the key factor driving demand for AEB.
By region, North America region is expected to account for dominate market share owing to numerous vehicles equipped with ADAS features. Early adoption of technologies will be the key factor for the growth of the radar market for commercial vehicles in the region.
Request discount@ https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/4243
Competitive Landscape:
The prominent player operating in the global commercial vehicle & off-highway radar market includes Robert Bosch GmbH, Continental AG, HELLA KGaA, NXP Semiconductors N.V., Denso Corporation, Delphi Automotive, Autoliv Inc., Valeo S.A., Technologies AG, and Baumer
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
Some Important Points Answered in this Market Report Are Given Below:
Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
Introduction
Study Deliverables
Study Assumptions
Scope of the Study
VISIT MY BLOG:- https://prophecyconsumerelectronics.blogspot.com/
Contact Us:
Mr Alex (Sales Manager)
Prophecy Market Insights
Phone: +1 860 531 2701
Email: sales@prophecymarketinsights.com
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Commercial Vehicle & Off-Highway Radar Market Expected to Grow at 831 Million In Revenue by 2027. here
News-ID: 2105378 • Views: …
More Releases from Prophecy Market Insights
Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renew …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights
Introduction
The Power Purchase Agreement (PPA) Market is experiencing remarkable momentum, driven by the global transition toward renewable energy, carbon reduction targets, and rising demand for cost-effective electricity procurement models.
PPAs-long-term contracts between electricity producers and buyers-are becoming a critical mechanism for corporations, utilities, and governments to achieve energy security, price stability, and sustainability commitments. With the accelerating deployment of solar, wind, and…
Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and W …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights
Introduction
The Nutraceutical Packaging Market is witnessing significant growth, fueled by rising consumer awareness around health, nutrition, and preventive healthcare. Nutraceuticals-ranging from dietary supplements and functional foods to vitamins, minerals, and herbal products-require specialized packaging that ensures shelf life, product integrity, safety, and consumer appeal.
With increasing demand for convenient, eco-friendly, and innovative packaging solutions, companies are investing in advanced materials, smart labeling,…
Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 …
Pune, India - September 5, 2025 - The Japan Regulatory Affairs Outsourcing Market is witnessing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on external partners for regulatory compliance. By 2035, the market is projected to reach USD 0.4 billion, rising from USD 0.3 billion in 2025, expanding at a CAGR of 7.71% during the forecast period.
Get a Sample Copy of Report :- https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5849
This growing demand underscores…
Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, D …
Pune, India - September 2, 2025 - The Europe Regulatory Affairs Outsourcing Market is experiencing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on specialized partners for regulatory compliance. According to recent analysis, the market size was valued at USD 2.0 billion in 2025 and is projected to expand to USD 4.2 billion by 2035, registering a CAGR of 7.70% during the forecast period.
Get Sample Copy of…
More Releases for Ghz
eledyne HiRel Semiconductors Releases Wideband 50 GHz RF Switch Share
MILPITAS, Calif.--(BUSINESS WIRE)--Teledyne HiRel Semiconductors announces the availability of its latest rad-tolerant wideband 50 GHz RF switch, model TDSW050A2T. This switch operates from true DC to 50 GHz, delivering excellent RF performance down to zero Hertz, making this device ideal for many of today's complex space and defense applications. It has been developed in a 150nm pseudomorphic High Electron Mobility Transistor (pHEMT) Indium Gallium Arsenide (InGaAs) process and is available…
Sub GHz Module Market Size 2024 to 2031.
Market Overview and Report Coverage
A Sub GHz module is a wireless communication module that operates within the frequency range below 1 GHz. These modules are commonly used in various applications such as smart meters, home automation, industrial sensor networks, and remote controls.
The Sub GHz Module Market is expected to experience significant growth in the coming years. The market is anticipated to grow at a CAGR of 10.90% during…
Automotive Millimeter Wave Radar IC Market Forecast to 2028 - Covid-19 Impact an …
Millimeter wave radar makes use of highly directional and high frequency electromagnetic waves for mapping the surrounding environment. The mmWave radar typically operates at a high frequency of 24 GHz, 77 GHz, and 79 GHz that enables it in mitigating environmental factors such as heat and light. The antennas of mmWave radars are very small, have lower power, and are packaged easily into the vehicle designs. Also, these mmWave radars…
RF Power Amplifier Market Report 2018: Segmentation by Frequency (< 10 GHz,10-20 …
Global RF Power Amplifier market research report provides company profile for NXP Semiconductors, Qualcomm, Inc., Toshiba Corporation, Infineon Technologies, Broadcom Pte. Ltd., Mitsubishi Corporation, Skyworks Solutions, Inc., Murata Manufacturing Co., Ltd., Analog Devices, Inc., II-VI, Inc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Wireless Mesh Network Market- Radio Frequency Band ( Sub 1 GHz Band, 4 GHz Band, …
The wireless mesh network market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in wireless mesh network market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period.…
Wireless Mesh Network Market (Radio Frequency Band - Sub 1 GHz Band, 4 GHz Band, …
The global wireless mesh networks market is extremely competitive in terms of the services and products offered by leading companies. Transparency Market Research observes that this current scenario of the vendor landscape has compelled market players to focus on the addition of innovative products and services to their portfolio to differentiate their offerings from their rivals.
Keeping this in mind, two of the most common and successful strategies that companies have…
