Sellbyville, DE -- (SBWIRE) -- 06/07/2019 -- Global Market Insights adds global Radar Sensor Market report which focuses on the major drivers and restraints for the key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

The major industry driving the radar sensor market is the automotive sector due to the wide use of sensor technology in automotive systems. The increasing integration of technology in passenger cars for the safety & comfort of consumers and OEMs is widely adopting the sensor technology to provide an enhanced driving experience to consumers. Moreover, the increasing R&D investments in autonomous cars globally are further expected to drive the radar sensor market growth.

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The other sector driving the radar sensor market is the agricultural sector for controlling seed flow and securing harvesting machines. This technology has been widely adopted for several agricultural applications such as crop information, soil mapping, etc. For instance, crop type, growth stage identification, crop damage identification, etc., can be identified using this technology. With detailed information, timely measures will be accordingly taken at each step, reducing the cost involved in managing damages.

Other significant factors driving the radar sensor market in several industries are features, such as the detection of objects, even in stressful environmental conditions. These radars work even in fog, poor visibility, dust, and steam unlike normal cameras & lasers. Such advancements have enabled many industries to integrate this technology in their products to cater to consumers' needs. In addition, they are very reliable as they are not affected by thermal variation and provide information such as the direction of motion and actual speed, making the detection more robust.

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The radar sensor market is expected to witness lucrative growth in Europe due to increasing demand from the automotive sector of Germany. With the emergence of urbanization and the adoption of new technologies, big players in this sector, such as BMW and Audi, are integrating this technology into automobiles, creating a high demand in the radar sensor industry.

Additionally, the increasing R&D activities in this technology will accelerate growth in the industry, whereas Asia Pacific will anticipate a high demand in the coming future owing to the increasing number of manufacturing companies in automotive and industrial sectors. This region has witnessed a great demand in the market by these sectors due to several benefits by this technology. With increasing security threats within & outside the country there is an urgent need for security & surveillance by all the countries globally. The growing need for national security and urbanization in countries including India and China is expected to drive the radar sensor market at a faster rate.

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The radar sensor market comprises several international players such as Bosch, Infineon Technologies, Continental, DENSO, NXP Semiconductors, Advanced Radar Company, etc. These companies are adopting new strategies to sustain in the industry. Infineon launched a new development center in Germany dedicated for automotive electronics to cater to the growing advancements.

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