Radar Sensors Market Research Report by Forecast to 2023
Pune, India -- (SBWIRE) -- 09/18/2017 -- Market Highlights:
The study reveals that radar sensors is trending in North America region. The radar sensors demand are growing very rapidly in automotive sector. The automotive systems are integrated with radar sensor techniques which can measure the multiple target range with high accuracy. The real time traffic situations used for parking aid, stop & go, pre-crash detection and blind spot applications. Moreover, the advanced radar sensors can be used for electronically scanning array for future applications such as airborne applications, military applications and others.
In North America region, the radar sensors has been growing exponentially in last five years. The advanced Radar Sensor Market used for various outdoor and indoor applications for non-contact detection of objects. These advanced sensors are integrated with high resolution algorithm that improves the detection including road boundaries. Similarly, these sensors are widely used by aerospace and defense due to its larger wave-length which helps to deliver an optimum result in fog and dust.
The global Radar Sensors Market is growing rapidly over 20 % of CAGR and is expected to reach at USD 19 Billion by the end of forecast period.
Major Key Players:
- Robert Bosch GmbH (Germany)
- Lockheed Martin Corporation (U.S.)
- Raytheon Company (U.S.)
- Saab AB (Sweden)
- Northrop Grumman Corporation (U.S.)
- Delphi Automotive LLP (U.K)
- Hitachi, Ltd. (Japan)
- Continental AG (Germany)
- ZF Friedrichshafen AG (Germany)
- Denso Corporation (Japan)
- Infineon Technologies AG (Germany)
- NXP Semiconductors N.V. (Netherlands)
- Omniradar BV (Netherlands)
- Airbus Group (Netherlands)
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Radar Sensors Market Segmentation:
The global radar sensors market are bifurcated into type, range, applications and region. The type includes radar detector detectors, radar scrambling and others. The range includes short-range radar, mid-range radar, long-range radar and others. The applications includes automotive, traffic monitoring, aerospace and defense, industrial, security and surveillance, weather monitoring and others. The region includes North America, Europe, Asia Pacific and rest of the world
Market Research Analysis:
On geographic basis, global Radar sensors market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the radar sensors market as these sensors are widely used for scanning, detecting, and collecting the information about objects by using advanced virtual 3D audio rendering techniques. In this market, Europe is to be estimated to be the second largest market share for Radar sensors during the forecast period.
Regional Analysis of Radar Sensors Market:
The regional analysis of radar sensors market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in radar sensors market.
The radar sensors market in Europe region is expected to witness rapid growth in the forthcoming period due to the major companies Sick AG (Germany), Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), are introducing new radar sensors in the market. For instance, in 2014, Robert Bosch GmbH (Germany) has introduced new mid-range radar sensor, stereo-video sensor. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for radar sensors market and expected to be the highest CAGR in the coming years.
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- Sensor Manufacturers
- Technology Providers
- Original Equipment Manufacturers
- Equipment distributors and suppliers
- Research and development companies
- Market research and consulting firms
- Technology standards organizations
- Technology investors
- System Integrators
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure:
1.3.1 Global Radar Sensors Market: By Type
1.3.2 Global Radar Sensors Market: By Range
1.3.3 Global Radar Sensors Market: By Applications
1.3.4 Global Radar Sensors Market: By Region
List of Tables
Table 1 Radar Sensors Market, By Type
Table 2 Radar Sensors Market, By Range
Table 3 Radar Sensors Market, By Applications
List of Figures
Figure 1 Research Methodology
Figure 2 Radar Sensors Market: By Type (%)
Figure 3 Radar Sensors Market: By Range (%)
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