Automotive Radar Market is expected to reach USD 11.87 Bn at a CAGR of 12.6 percent by 2029 Competitive Landscape, New Opportunities, Market Growth, Challenges and Region

Pune 03, Feb 2023: Automotive Radar Market was USD 4.59 bn in 2021 and is expected to grow at a CAGR of 12.6 percent over the forecast period to reach USD 11.87 bn by 2029, as per the Maximize Market Research report. The report provides a thorough analysis of the market which a covers a detailed regional, demand and pricing analysis along with a competitive landscape.

Automotive Radar Market Report Scope and Research Methodology

The report includes a competitive analysis with growth models and new strategies and technologies used by key players in the Automotive Radar Market. The key market players are analysed with their revenue, financial status, portfolio and technical developments are analyzed at the global, regional, and national levels. The Automotive Radar Market report provides an in-depth analysis of the industry, including key figures such as market size, share, revenue growth, and growth rate for the forecast period. The regional analysis was conducted by investigating recent market trends, strategies and restrictions of the industry. The report acts as a guide for investors, stakeholders and market followers of the Automotive Radar Market and provides the various factors that affect the business positively or negatively. The report covers the industry drivers, restraints, technical advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, and the forecast period.

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Automotive Radar Market Dynamics

Stringent passenger safety rules, increasing the number of electric vehicle infrastructure development and increasing consumer expenditure are expected to drive the Automotive Radar Market growth during the forecast period. Similarly, growing urbanization, ongoing advancements in technology and increasing integration of ADAS systems into vehicles are expected to create opportunities for Automotive Radar Market growth across the globe.

Automotive Radar Market Regional Insights

Europe held the largest market share in 2021 and is expected to continue to grow during the forecast period in this region. The increasing research and developemnt activities, adoption of vehicles, increasing incidents like road accidents, and presence of major manufacturers are expected to drive the Automotive Radar market growth in this region.

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Automotive Radar Market Segmentation

By Range Type: Long Range, Medium & Short Range

By Vehicle Type: Commercial Vehicles, Passenger Vehicle

By Application: Adaptive Cruise Control (ACC) Market, Autonomous Emergency Braking (AEB) Market, Blind Spot Detection (BSD) Market, Forward Collision Warning System Market, Intelligent Park Assist Market, Other ADAS Applications Market

Automotive Radar Market Key Players include:

Continental AG, Robert Bosch GmbH, Delphi Automotive PLC, Denso Corporation, Infineon Technologies AG, NXP Semiconductors N.V., Valeo S.A., Analog Devices, Inc, Hella KGaA Hueck & Co., Texas Instruments, Inc., Autoliv, Inc., ZF Friedrichshafen AG, Aptiv plc, Veoneer Inc., Nidec Elesys Corporation, TungThih Electronic Co., Ltd

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Table of content for Automotive Radar Market includes:

Global Automotive Radar Market: Research Methodology

Global Automotive Radar Market: Executive Summary
Market Overview and Definitions
Introduction to Global Automotive Radar Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Automotive Radar Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Automotive Radar Market Segmentation
Global Automotive Radar Market, by Range Type (2021-2029)
Global Automotive Radar Market, by Vehicle Type (2021-2029)
Global Automotive Radar Market, by Application (2021-2029)

Regional Automotive Radar Market(2021-2029)
Regional Automotive Radar Market, by Range Type (2021-2029)
Regional Automotive Radar Market, by Vehicle Type (2021-2029)
Regional Automotive Radar Market, by Application (2021-2029)
Regional Automotive Radar Market, by Country (2021-2029)

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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:

Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Range Type, Vehicle Type, Application, and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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