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Global Radar Sensor market report, size, share, trends and forecast to 2028

Global Radar Sensor market report, size, share, trends

According to Stratistics MRC, the Global Radar Sensor Market is accounted for $14.08 billion in 2022 and is expected to reach $32.74 billion by 2028 growing at a CAGR of 15.1% during the forecast period.

A radar sensor is an electrical device that measures the speed and location of objects that are far away, such as an aeroplane, ship, car, or motorcycle. A superheterodyne receiver is used by radar sensors to detect electromagnetic emissions. When the transmission is discovered, it then alerts the occupant of the car. Currently, GPS technology is included in these sensors, allowing for the storing of locations prompted by the sensor when the user arrives at their destination.

The number of traffic accidents is rising daily as a result of fast cars. In order to determine the vehicle's speed limit, police and other law enforcement organizations employ a radar gun. These detectors provide information about police radar guns to vehicle owners. Therefore, it aids in lowering traffic accidents. A survey from the World Health Organization (WHO) estimates that 1.3 million individuals lose their lives in traffic accidents every year. According to the survey, one of the main causes of traffic accidents on the road is excessive speed. By 2030, the UN General Assembly wants to cut in half the number of injuries and fatalities caused by traffic accidents worldwide.

By geography, North America is projected to hold the largest market share during the forecast period owing to the presence of substantial military and defence infrastructure in North American countries such as the United States and Canada drives the market in this region. Due to the existence of important suppliers, manufacturers, and OEMs that are fiercely competitive, such as Northrop Grumman Corporation and Lockheed Martin Corporation, the area also has the most technologically advanced market for applications.

Some of the key players profiled in the Radar Sensor Market include Autoliv Inc., Arbe Robotics, Continental AG, Denso Corporation, Delphi Automotive LLP, Hella KGaA Hueck & Co, Infineon Technologies AG, Lockheed Martin Corporation, NXP Semiconductors NV, Robert Bosch GmbH, Smart Microwave Sensors GmbH, Oculli Corporation, Omniradar B.V.

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By Types:
• Imaging Radar
• Non-Imaging Radar

By Technologies:
• Time Domain Reflectometry
• Brake Lining
• Silicon-Germanium
• Manufacturing Technologies
• Metal-Oxide Semiconductor
• Gallium-Nitride
• Ultra-Wideband
• Other Technologies

By Components:
• Video Amplifier
• Antenna
• Transmitter
• Processing
• Duplexer
• Receiver

By Ranges:
• Short-range radar sensor
• Mid-range radar sensor
• Long-range radar sensor

By Bands:
• HF, VHF, and HUF Bands
• L, S, C, and X Bands
• Ku, K, Ka, V, and W Bands

By Applications:
• Automotive
• Aerospace & Defence
• Environmental & Weather Monitoring
• Industrial
• Security & Surveillance
• Traffic Monitoring and Management
• Other Applications

By End Users:
• Commercial
• Government
• Industrial

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929

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Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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