Press release
Automotive 4D Imaging Radar Market to Surpass $2.43 Billion by 2029 | Key Trends & Insights
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.How Will the Automotive 4D Imaging Radar Market Grow by 2025 in Terms of Size and Growth?
There has been a significant surge in the market size of automotive 4D imaging radar in the past few years. A noteworthy increase from $0.12 billion in 2024 to $0.23 billion in 2025 is predicted, leading to an impressive compound annual growth rate (CAGR) of 92.4%. The impressive growth during the historic period is primarily attributed to heightened emphasis on data privacy and security in radar systems, rising demand for radar-based gesture recognition systems, increased usage of radar sensors in unmanned aerial vehicles (UAVs), and integration of automotive radar in vehicle-to-everything (v2x) communication.
What Are the Estimated Growth Rates for the Automotive 4D Imaging Radar Industry Through 2029?
In the coming years, the market size for automotive 4d imaging radar is predicted to experience substantial growth, reaching a value of $2.43 billion by 2029 at a compound annual growth rate (CAGR) of 79.8%. The drivers for this growth in the forecast period are largely down to the increasing demand for improved vehicular safety features, a rising focus on automobile automation, an increased need for advanced driver assistance systems and the growing appeal of autonomous vehicles. Further contributing to the growth is the expansion of 5G infrastructure supporting better connectivity. Key trends during the forecast period are the technological progression in radar technology, expansion of the electric and hybrid vehicle market, joint ventures between automotive OEMs and providers of radar technology, and the growth of radar technology for use in military and defense applications.
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What Are the Strategic Drivers Boosting Automotive 4D Imaging Radar Market Performance?
The growth of the automotive 4D imaging radar market is poised to escalate due to the surging demand for advanced driver assistance systems (ADAS). These systems are electronic components that use sensors, cameras, and artificial intelligence to assist drivers in driving and parking operations, thereby increasing vehicle safety and fuel efficiency. The 4D imaging radar has the ability to perceive objects in several dimensions, offering a more comprehensive understanding of the surroundings. ADAS leverages this to locate and track vehicles, pedestrians, and impediments. As an illustration, the MITRE Corporation, an American non-profit entity, stated in October 2024 that in the 2023 model year, out of 14 Advanced Driver Assistance Systems (ADAS) features, 10 achieved over 50% market penetration, and five exceeded 90%. This stands in contrast to the fact that none of the ADAS features had reached 75% penetration before. Consequently, the escalating demand for advanced driver assistance systems (ADAS) is propelling the growth of the automotive 4D imaging radar market.
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What Are the Segments in the Automotive 4D Imaging Radar Market?
The automotive 4d imaging radar market covered in this report is segmented -
1) By Type: Multiple-Input Multiple-Output (MIMO) Chip Cascade, Radar Chipset
2) By Level Of Automation: Advanced Driver Assistance Systems (ADAS), Autonomous Vehicles (AV)
3) By Range: Short-Range Radar, Medium And Long Range Radar
4) By Frequency: 24 GHz To 24.25 GHz, 21 GHz To 26 GHz, 76 GHz To 77 GHz, 77 GHz To 81 GHz
5) By Application: Collision Avoidance And Autonomous Emergency Braking, Adaptive Cruise Control (ACC), Blind Spot Detection And Lane Change Assistance
Subsegments:
1) By Multiple-Input Multiple-Output (MIMO) Chip Cascade: MIMO Radar Systems, Integrated MIMO Chip Solutions
2) By Radar Chipset: Monolithic Integrated Circuit (IC) Chipsets, Discrete Component Chipsets
What Are the Key Adoption Trends in the Automotive 4D Imaging Radar Market?
Prominent firms in the automotive 4D imaging radar market are putting their efforts into crafting superior and cutting-edge technological solutions. Partnerships like the one with SAIC are being leveraged to create high-resolution imaging radars that cater to several crucial needs within the industry. SAIC's high-resolution imaging radar is applied in areas such as military surveillance, disaster response, autonomous driving and infrastructure and environmental supervision. One such case occurred in December 2022 when ZF Friedrichshafen AG, a tech enterprise based in Germany, introduced its state-of-the-art 4D Imaging Radar, in collaboration with SAIC Motor Corporation, to be deployed in SAIC's R-Series electric cars. This revolutionary radar system, boasting 192 channels, provides sixteen times the resolution offered by traditional automotive radars and enables precise assessment of vehicle surroundings across four dimensions: range, speed, horizontal angle, and altitude. It is primarily designed to improve safety measures and support semi-automated to completely automated driving functionalities. The 4D Imaging Radar markedly ameliorates competency in handling intricate driving situations. This unveiling accentuates ZF's devotion towards progressing sensing technologies in the automotive sector and cements their position as a forerunner in the radar sector for automated driving uses.
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Which Companies Lead the Competitive Landscape of the Automotive 4D Imaging Radar Industry?
Major companies operating in the automotive 4D imaging radar market are Panasonic Corporation, Denso Corporation, Magna International Inc., ZF Friedrichshafen AG, Continental AG, Valeo S.A., Aptiv PLC, Analog Devices Inc., Autoliv Inc., Velodyne Lidar Inc., Hella GmbH & Co. KGaA, Robert Bosch GmbH, Veoneer Inc., Topcon Positioning Systems Inc., First Sensor AG, Blackmore Sensors and Analytics Inc., Ibeo Automotive Systems GmbH, LeddarTech Inc., Ouster Inc., Innovusion Inc., Luminar Technologies Inc., Quanergy Systems Inc., Innoviz Technologies Ltd., Cepton Technologies Inc., AdaSky Technologies Ltd., FLIR Systems Inc., Xenomatix NV, AEye Inc.
Where Are the Key Automotive 4D Imaging Radar Market Opportunities by Region?
North America was the largest region in the automotive 4D imaging radar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive 4D imaging radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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