Automotive RADAR Market will Increase at a CAGR of 22% By 2023

Florida, January 09, 2018: The Automotive RADAR Market is segmented on the lines of its application, frequency band, and vehicle type, range type and regional. Based on application Analysis segmentation it covers Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System (FCWS), Intelligent Parking Assistance (IPA) and others. Based on frequency band Analysis segmentation it covers 2X-GHz and 7X-GHz. Based on vehicle type analysis segmentation it covers Commercial Vehicle, Economic Passenger Vehicle, Luxury Passenger Vehicle and Mid-Priced Passenger Vehicle. Based on range type segmentation it covers Long Range RADAR (LRR) and Short & Mid-Range RADAR (S&MRR). The Automotive RADAR Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

Advanced driver assistance systems (ADAS) are systems developed to automate/adapt/enhance vehicle systems for safety and better driving. Safety features are designed to avoid collisions and accidents by offering technologies that alert the driver to potential problems, or to avoid collisions by implementing safeguards and taking over control of the vehicle. Adaptive features may automate lighting, provide adaptive cruise control, automate braking, incorporate GPS/ traffic warnings, connect to smartphones, alert driver to other cars or dangers, keep the driver in the correct lane, or show what is in blind spots.

The Automotive RADAR Market is expected to exceed more than US$ xxx Billion by 2023 at a CAGR of 22% in the given forecast period.

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The major driving factors of Automotive RADAR Market are as follows:
• Rising Government laws for Vehicle Safety and Increase in Adoption of ADAS Technology By OEMS
• Enhanced Demand for Premium section Vehicles
• Increase in range of measuring instrument Sensors Used Per Vehicle

The restraining factors of Automotive RADAR Market are as follows:
• Usage of measuring instrument Detectors considered as banned in Some Countries
• Increase within the Overall price of the Vehicle

This report provides:

1) An overview of the global market for Automotive RADAR Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for Automotive RADAR Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets on Automotive RADAR Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Robert Bosch GmbH, HELLA KGaA, Continental AG, Denso Corporation, Delphi Automotive PLC, Autoliv Inc. and Valeo S.A. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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The Automotive RADAR Market has been segmented as below:

By Application:
• Adaptive Cruise Control (ACC)
• Autonomous Emergency Braking (AEB)
• Blind Spot Detection (BSD)
• Forward Collision Warning System (FCWS)
• Intelligent Parking Assistance (IPA)
• Others

By Range:
• Long Range RADAR (LRR)
• Short & Mid-Range RADAR (S&MRR)

By Frequency Band:
• 2X-GHz
• 7X-GHz

By Vehicle Type:
• Commercial Vehicle
• Economic Passenger Vehicle
• Luxury Passenger Vehicle
• Mid-Priced Passenger Vehicle

By Regional Analysis:
• North America
• Europe
• Asia-Pacific
• Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Automotive RADAR Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Automotive RADAR Market.
4) Assess your competitor’s refining portfolio and its evolution.

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