Automotive Radar Sensors Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

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.

To Request a Sample of our Report on Automotive Radar Sensors Market:  https://www.omrglobal.com/request-sample/automotive-radar-sensors-market

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.

A full Report of Automotive Radar Sensors Market is Available @  https://www.omrglobal.com/industry-reports/automotive-radar-sensors-market

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

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-radar-sensors-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404