The global automotive radar sensors market is anticipated to grow at a CAGR of 20.4% during the forecast period. Automotive radar sensors are an active safety feature that warns a driver in the event of an imminent frontal collision. When the vehicle comes too close to another vehicle in front of it, a visual and audible signal occurs to alert the driver to the situation. It utilizes components and technologies such as radar sensors, LIDAR, and cameras to detect an imminent crash. Demand for automotive radar sensors is rising due to the increasing concern of society toward safety and forward collision system comes by default in autonomous vehicles. Moreover, the market is anticipated to expand at a remarkable pace due to the automation of the automotive industry.
Several automotive manufacturers are providing numerous features in sensors even in small segmented cars to reduce the number of road accidents. For instance, in January 2022, Texas Instruments (TI) expanded its automotive offerings that can assist automakers to improve the advanced driver assistance systems (ADAS) sense objects. TI’s new AWR2944 radar sensor adds to the company’s extensive portfolio of analog and embedded processing products and technologies, giving automotive engineers more tools that can fuel vehicle innovation. The increased ability to quickly detect objects, monitor blind spots, and efficiently navigate turns and corners paves the way for automakers to achieve their vision of a collision-free future.
In addition, in March 2022, dSPACE expanded its range of Automotive Radar Test Systems (DARTS) and launches a solution for automatic end-of-line testing of automotive radar sensors. The new test solution was developed in cooperation with NOFFZ Technologies GmbH. The modern end-of-line test system will be used especially in high-volume production and is based on the compact antenna test range (CATR) method.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Range
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape – Aptiv, Continental AG, Denso Corp, Robert Bosch GmbH, Texas Instrument Inc., Infineon Technologies, and others.
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Automotive Radar Sensors Market Report Segment
By Nature
- Short range
- Medium-Range
- Long-Range
By Application
- Forward Collision Warning System
- Intelligent Park Assist
Global Automotive Radar Sensors Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Analog Devices Inc.
- Borgwarner Inc.
- Infineon Technologies
- Microbrain
- Nxp Semiconductors
- M.S Smart Microwave Sensors GmbH
- Sencept Ab
- SGR Semiconductors Inc.
- Valeo
- Veoneer Inc.
- ZF Friedrichshafen AG
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