Press release
Global Automotive Radar Applications Market Forecast 2021
The automotive radars are devices used in advanced cruise control systems to direct a vehicle’s accelerator and braking systems. It helps maintain a safe distance between two vehicles. The radar sensors take note of vital information, such as Doppler velocity, range, and angle. This information is used to determine the driving situation, and consequently intimate the driver of potentially dangerous events ahead. If the driver does not take appropriate action in time and the vehicle crashes, the advanced radar systems can take control of the vehicle to minimize the severity of an accident.
The automotive radar market has been segmented on the basis of application, frequency, and technology. Based on application, the market sub-segments include parking assistance, forward collision warning system, adaptive cruise control, lane departure, and blind spot detection. On the basis of frequency the market has been categorized into 24 GHz, 77 GHz, and 79 GHz segments. Market segmentation based on the type of technology includes sub-categories LIDAR, millimeter wave radar, camera, and ultrasonic radar. The automotive radar market was valued at USD 1,221.1 million in 2015, and is expected to reach USD 1,440.6 million by 2022. In terms of volume, the automotive radar market was estimated to be at 42.8 million units in 2015, and is expected to grow at around 17% CAGR during the forecast period.
Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=815769&ptitle=Global+Automotive+Radar+Applications+Market+Forecast+2021&req=Sample
Study Objectives
• To provide insights about factors influencing and affecting the market growth
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on application, frequency, and technology
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market.
Target Audience
• Automotive radar manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institutes & education institutes
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Regional Analysis
The global automotive radar market has a variety of applications across the automotive industry. Increased awareness about the driving safety among the end consumers to minimize road accidents as well as supplementing government initiatives to improve road safety, are the major factors driving the automotive radar market. Europe market accounted for USD 440.8 million in 2015, and was estimated to be valued at USD 521.8 million in 2016. North America was the second largest market and accounted for USD 328.5 million in 2015. The Rest of the world market, with meager share of about 15% within the market, accounted for 181.9 million units in 2015.
The regional segmentation includes analysis of regions –
• North America
• Europe
• Asia-Pacific
• Rest of the World
Buy Complete Report Visit @ http://www.reportbazzar.com/product/global-automotive-radar-applications-market-forecast-2021/
About Us:
Reportbazzar.com is your trusted source for the most inclusive and informative assortment of market research reports designed to empower you with the latest in industry information that translates to time and cost savings for your business. We not only help you give wing to your latent business ideas but also facilitate you in taking the best informed and strategic decisions that guarantee success in your most promising business endeavors.
Contact Us:
ReportBazzar
30 Wall Street, 8th floor,
New York, NY 10005.United States.
US: +1 (212) 389-6363
India: +91 20 66528525
Email Id: sales@reportbazzar.com
Website: http://www.reportbazzar.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Radar Applications Market Forecast 2021 here
News-ID: 490662 • Views: …
More Releases from ReportBazzar
Global Plasma Protein Therapeutic Industry Market Analysis & Forecast 2018-2023
Global Plasma Protein Therapeutic Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX%…
Developments and Opportunities for Facial Recognition Technology in the Smart Re …
Facial recognition technology has been commercialized since the late 1990s. However, it did not quite get the attention it deserved until the September 11 attacks. Since then, market demand for advanced human-machine interaction interfaces soared in national security and personal property security in light of the rising awareness on anti-terrorism, the change in economic activities from traditional offline transactions to e-commerce and the lifestyle evolution which now craves for smart…
Floating Solar Panels Market Research Report – Forecast to 2023
Global floating solar panels market is set to foresee significant growth in the upcoming years. Floating solar panels is a sophisticated technology developed for overcoming issues associated with conventional panels, such as high maintenance cost, land scarcity, etc. These panels are poised to gain traction over the next couple of years owing to its mobility and flexibility according to the sun’s position.
The rapid exhaustion of fossil fuel has intensified the…
Healthcare cold chain logistics Market Research Report – Forecast to 2023
The healthcare cold chain logistics market is one with a lot of promise largely due to the rapid growth of the healthcare and pharmaceutical sectors. With healthcare becoming a global focus, and intensive research & development activities being carried out by leading market players has significantly increased the demand for biopharmaceuticals and vaccines. These products traditionally, and presently require storage to ensure appropriate shelf life.
Personalized medicine is an up…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
US Ostomy Care and Accessories Market USD 4.03B-USD 6.75B
How Is the United States Ostomy Care and Accessories Market Evolving to Meet the Needs of a Growing Patient Population?
The United States Ostomy Care and Accessories Market plays a critical role in improving the quality of life for millions of patients who undergo life-altering surgical procedures involving the digestive or urinary systems. Ostomy care products are essential medical devices designed to manage bodily waste safely and discreetly following surgeries such…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
