Commercial Vehicle & Off-Highway Radar market is expected to reach $600.66 million by 2027 growing at a CAGR of 25% during 2021 to 2027.
Commercial vehicle and off-highway radars are sensors and microwaves used to process speed, distance, direction and angle of arrival, while radars detect moving objects and measure speed to aid in lane maintenance and prevent accidents. Commercial and off-highway vehicles are large in size and are used in a number of tasks such as transporting goods, mining, excavating, etc.
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Commercial Vehicle & Off-Highway Radar Market, By Vehicle Type
- Introduction
- Off-highway Vehicle
- Commercial Vehicle
- Pickup Trucks & Vans
- Buses
- Medium & Heavy Trucks
- Construction Equipment
- Agriculture Equipment
- Mining Equipment
Commercial Vehicle & Off-Highway Radar Market, By Application
- Introduction
- Blind Spot Detection (BSD)
- Intelligent Park Assist
- Adaptive Cruise Control (ACC)
- Autonomous Emergency Braking (AEB)
- Forward Collision Warning System
Key Players –
- Aptiv
- Magna International
- NXP Semiconductors
- Gentex Corporation
- ZF FRIEDRICHSHAFEN AG
- Valeo
- Denso Corporation
- Hitachi
Scope of the Report
The research study analyzes the global Commercial Vehicle & Off-Highway Radar industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Commercial Vehicle & Off-Highway Radar Market Report
1. What was the Commercial Vehicle & Off-Highway Radar Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Commercial Vehicle & Off-Highway Radar Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Commercial Vehicle & Off-Highway Radar Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Commercial Vehicle & Off-Highway Radar market.
- The market share of the global Commercial Vehicle & Off-Highway Radar market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Commercial Vehicle & Off-Highway Radar market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Commercial Vehicle & Off-Highway Radar market.
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