Press release
Automotive Radar Market Size, Share, Growth & Forecast Report 2034
Automotive Radar Market Size
The global Automotive Radar Market was valued at USD 6.58 Billion in 2025 and is projected to reach USD 32.21 Billion by 2034. The market is expected to grow at a CAGR of 18.5% during the forecast period 2026-2034. Asia Pacific leads the market with a share exceeding 54.9% in 2024, driven by rising vehicle production, increasing adoption of advanced safety systems, regulatory mandates, and advancements in radar sensor technologies.
The Automotive Radar Market Trends are evolving rapidly due to increasing demand for advanced driver-assistance systems (ADAS), rising safety regulations, and the push toward autonomous driving. Manufacturers are emphasizing enhanced detection capabilities, improved range and resolution, compact sensor designs, and integration with artificial intelligence for better object recognition. The market is also driven by expanding applications in collision avoidance, adaptive cruise control, blind spot detection, and parking assistance. In addition, rising adoption of electric vehicles, growing investments in autonomous vehicle technologies, and development of 4D imaging radar systems are shaping future Automotive Radar Market Trends, offering new opportunities for technology providers and automotive manufacturers globally.
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Study Assumption Years
• Base Year: 2025
• Historical Year/Period: 2020-2025
• Forecast Year/Period: 2026-2034
Automotive Radar Market Key Takeaways
• Current Market Size: USD 6.58 Billion (2025)
• CAGR: 18.5% (2026-2034)
• Forecast Period: 2026-2034
• Asia Pacific holds the largest market share of over 54.9% in 2024.
• Increasing adoption of ADAS and autonomous driving technologies significantly drive demand globally.
• Advancements in radar technology include 4D imaging, enhanced range detection, and AI-powered object classification.
• Adaptive cruise control (ACC) dominates application segments with a 37.7% market share in 2024 due to safety and comfort benefits.
• Expansion of electric vehicle production and smart transportation infrastructure improves market growth potential.
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Market Growth Factors
The main driving factors for the automotive radar market are the increasing demand for advanced driver-assistance systems (ADAS) and the growing emphasis on vehicle safety. The rising adoption of features like adaptive cruise control, autonomous emergency braking, and blind spot detection is propelling radar integration across vehicle segments. Regulatory mandates requiring collision avoidance systems and safety features are further accelerating market growth. In 2025, the market was valued at USD 6.58 Billion and is expected to continue expanding due to technological advancements and autonomous driving developments.
Improvements in radar technology and sensor capabilities are also pushing the market forward. Modern automotive radar systems offer enhanced range detection, higher resolution imaging, improved accuracy in object classification, and compact form factors. Advanced technologies include 4D imaging radar, AI-powered signal processing, and integration with complementary sensors like LiDAR and cameras. These innovations focus on enabling reliable performance in diverse weather conditions, supporting Level 3+ autonomous driving, and enhancing overall system efficiency for consumer and commercial applications.
Growing adoption of electric vehicles and development of smart transportation infrastructure have helped expand radar applications. Radar systems are essential for autonomous navigation, vehicle-to-everything (V2X) communication support, and enhanced safety in urban mobility solutions. Partnerships between automotive manufacturers and technology providers, along with increasing investments in research and development, have further improved radar performance and affordability. Additionally, the shift toward subscription-based automotive software and ongoing advancements in semiconductor technologies continue to drive innovation and accessibility in the automotive radar market.
Market Segmentation
Range:
• Medium and Short Range: Largest segment at 57.6% share in 2024 due to critical applications in blind-spot detection, lane change assist, parking assistance, and rear cross-traffic alert for immediate vehicle surroundings.
• Long Range: Essential for highway driving applications and adaptive cruise control systems requiring extended detection distances.
Vehicle Type:
• Passenger Cars: Dominant segment at 72.4% market share in 2024 driven by widespread ADAS adoption, safety feature integration, and regulatory requirements across all vehicle categories.
• Commercial Vehicles: Growing segment benefiting from fleet safety requirements and logistics automation needs.
Application:
• Adaptive Cruise Control (ACC): Leading segment with 37.7% market share in 2024; enhances driving comfort and safety through automatic speed adjustment.
• Autonomous Emergency Braking (AEB): Critical safety feature mandated by regulations in multiple markets.
• Blind Spot Detection (BSD): Popular comfort and safety feature for lane-changing assistance.
• Forward Collision Warning (FCW): Essential early warning system for accident prevention.
• Intelligent Park Assist: Growing adoption for automated parking capabilities.
• Others: Additional applications including cross-traffic alert and highway assist.
Regional Insights
Asia Pacific dominates the automotive radar market, holding a market share of over 54.9% in 2024. This leadership stems from robust vehicle production, rapid adoption of ADAS technologies, and strong government support for automotive safety standards. Regional growth is also supported by major investments in electric vehicle development, autonomous driving research, and partnerships between local manufacturers and global technology providers. China, Japan, and South Korea account for the majority of the region's market, driven by technological innovation and expanding smart mobility infrastructure.
Recent Developments & News
• January 2025: Bitsensing and NXP Semiconductors signed a Memorandum of Understanding to develop radar solutions for automotive, smart cities, robotics, and healthcare applications.
• December 2024: Infineon Technologies unveiled its RASIC CTRX8191F radar MMIC for advanced 4D and HD imaging radar systems with enhanced 380-meter detection range.
• October 2024: Keysight Technologies and Analog Devices announced collaboration to develop testing solutions for automotive GMSL2 devices enhancing ADAS capabilities.
• September 2024: Bosch unveiled six new radar-enabled assistance systems for KTM's 2025 motorcycle models focused on improving safety and comfort.
• September 2023: Mercedes-Benz introduced Drive Pilot in the U.S., featuring Level 3 autonomous technology with integrated LiDAR and advanced radar systems.
Key Players
• Analog Devices Inc
• Aptiv plc
• Autoliv Inc.
• Continental AG
• Denso Corporation
• HELLA GmbH & Co. KGaA
• Infineon Technologies AG
• NXP Semiconductors
• Robert Bosch GmbH
• Texas Instruments Incorporated
• Valeo
• ZF Friedrichshafen AG
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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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