Radar Sensor Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

The Radar Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Radar Sensor Market Size During the Forecast Period?
In recent times, the size of the radar sensor market has seen a rapid increase. From 2024 to 2025, it is projected to expand from a value of $14.43 billion to $16.62 billion, boasting a compound annual growth rate (CAGR) of 15.2%. The growth seen in the historic period has been driven by various factors such as the escalating need for national security, efforts by leading industry players in Germany to create superior products, an increase in the use of radar sensors in systems specializing in early warnings, situational awareness, and air and missile defense integration. Additionally, the requirement for radar sensor integration in contemporary vehicles, coupled with their versatility and accuracy, further contributes to this growth.

Anticipations are set for an accelerated expansion of the radar sensor market in the upcoming years, hiking up to $26.92 billion by 2029 with a CAGR of 12.8%. The growth surge during this estimated timeframe can be credited to the growing requirement of short-range radar sensors in areas such as vehicles, smart city infrastructure, and consumer electronics. The increasing prevalence of autonomous cars, along with an emphasis on security and safety needs, are also setting the stage for innovative developments in transportation and traffic management. Some of the key trends to watch during the forecast period include the incorporation of these sensors in autonomous vehicles, utilisation of short-range radar for urban applications, extended safety features in vehicles, growth in IoT and connected devices, and a heightened emphasis on environmental sensing.

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What Are the High-Growth Segments in the Radar Sensor Market?
The radar sensor market covered in this report is segmented -

1) By Type: Imaging Radar, Non-imaging Radar
2) By Range: Short-Range Radar Sensor, Medium-Range Radar Sensor, Long-Range Radar Sensor
3) By Application: Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation And Control, Other Applications
4) By End User: Automotive, Aerospace And Defense, Environment And Weather Monitoring, Industrial, Other End Users

Subsegments:
1) By Imaging Radar: Synthetic Aperture Radar (SAR), Inverse Synthetic Aperture Radar (ISAR)
2) By Non-Imaging Radar: Doppler Radar, Pulse Radar, Frequency Modulated Continuous Wave (FMCW) Radar

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What Key Drivers Are Expected to Influence Future Radar Sensor Market Growth?
The anticipated surge in autonomous vehicles is predicted to drive the expansion of the radar sensor market. Autonomous vehicles, which are vehicles that can navigate and operate without human control, rely on radar sensors to recognize objects, vehicles, pedestrians, and obstacles at extensive distances. This provides vital data for instantaneous decisions regarding navigation, speed modifications, and planning routes. For example, as per a report released by the Insurance Institute for Highway Safety, a US-based not-for-profit organization, in December 2022, roughly 3.5 million autonomous or self-driving cars are likely to be on the US roads by 2025. Moreover, it's estimated that 4.5 million autonomous vehicles will be on the roads by 2030. As a result, the increase in autonomous vehicles is propelling the radar sensor market's growth.

Which Companies Hold the Largest Share Across Different Radar Sensor Market Segments?
Major companies operating in the radar sensor market report are Robert Bosch GmbH, Raytheon Technologies Corporation, Lockheed Martin Corporation, Denso Corporation, ZF Friedrichshafen AG, Qualcomm Technologies, Continental AG, Northrop Grumman Corporation, Honeywell International Inc., Texas Instruments Inc., Thales Group, Aptiv Plc, L3Harris Technologies Inc., STMicroelectronics N.V, Infineon Technologies AG, NXP Semiconductors NV, Analog Devices, Autoliv Inc, Hella KGaA Hueck & Co., Saab AB, SICK AG, Banner Engineering Corp, Socionext America Inc., Smart Microwave Sensors GmbH, Oculi Corp

What Trends Are Driving Growth in The Radar Sensor Market?
Major companies in the radar sensor market are advancing their technologies to better cater to client needs, by creating innovations such as automotive radar sensors. These devices use radar technology to detect and measure the distance, speed, and direction of objects around the vehicle. For example, in May 2022, Infineon Technologies, a semiconductor firm based in Germany, introduced the XENSIV 60 GHz automotive radar sensor, BGT60ATR24C. It is tailored specially for in-cabin monitoring systems to detect minute activities and vital signs of infants and animals in unattended vehicles, alongside triggering alarms. This sensor allows operation of 4 GHz ultra-wide bandwidth Frequency Modulated Continuous Wave within a compact design. The digital interface simplifies its configuration and data gathering, while an integrated state machine ensures autonomous data collection and optimised power modes to minimise power usage. On top of this, to ensure efficient thermal management, the design includes two transmit and four receive channels and is optimized for size and space.

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What Are the Emerging Geographies for The Radar Sensor Market Growth?
Europe was the largest region in the radar sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radar sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Radar Sensor Market?
2. What is the CAGR expected in the Radar Sensor Market?
3. What Are the Key Innovations Transforming the Radar Sensor Industry?
4. Which Region Is Leading the Radar Sensor Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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