COVID-19 Impact South America Automotive Radar Market Forecast Showing CAGR of 14.0% by 2027: Business Market Insights

The Business Market Insights provides you regional research analysis on “South America Automotive Radar Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the South America Automotive Radar Market during the forecast period, i.e., 2020–2027.

The automotive radar market in SAM is expected to grow from US$ 751.5 million in 2019 to US$ 1,634.4 million by 2027; it is estimated to grow at a CAGR of 14.0% from 2020 to 2027.

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The ongoing expansion of the automotive manufacturing sector in the South America region is attributed to the presence of a large number of OEMs and automakers in the region. Brazil is a potentially large domestic market with low vehicle ownership and a growing economy. However, with time the country is witnessing rising automotive production is supporting the growth of the automotive radar market in the region. For instance, as per OICA, total vehicle/cars production in Brazil increased by 2.2% y-o-y in 2019. Further, the region has presence of a few major automakers—such as Volkswagen, General Motors, Hyundai, Toyota, Peugeot, Ford, and Renault. The national regulatory bodies of various countries in the region are encouraging the development of safer and more advanced vehicles. For instance, the Brazilian government has formulated favorable trade investment policies to encourage private investments in varied industry vertical including Automotive.

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts a SWOT analysis to evaluate the strengths and weaknesses of the key players in the South America Automotive Radar market. The researcher provides an extensive analysis of the South America Automotive Radar Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Major key players covered in this report:
• Aptiv Plc
• Continental AG
• Denso Corporation
• HELLA KGaA Hueck & Co.
• Nidec Corporation
• Robert Bosch GmbH
• Valeo
• Veoneer Inc
• ZF Friedrichshafen AG

Order a Copy of this South America Automotive Radar Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00020091

The study conducts a SWOT analysis to evaluate the strengths and weaknesses of the key players in the South America Automotive Radar Market.
Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the South America Automotive Radar market segments and regions.

SAM Automotive Radar Market - By Range
• Long Range Radar (LRR)
• Medium Range Radar (MRR)
• Short Range Radar (SRR)

SAM Automotive Radar Market - By Frequency
• 24 GHz
• 77 GHz
• 79 GHz

SAM Automotive Radar Market – Application
• Adaptive Cruise Control
• Autonomous Emergency Braking
• Blind Spot Detection
• Forward Collision Warning System
• Intelligent Park Assist
• Others

SAM Automotive Radar Market – Vehicle Type
• Adaptive Cruise Control
• Passenger Cars
• Light Commercial Vehicle
• Medium & Heavy Commercial Vehicles

The research on the South America Automotive Radar market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the South America Automotive Radar market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the South America Automotive Radar market.

Read More: https://www.businessmarketinsights.com/reports/south-america-automotive-radar-market

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