Radar Sensors Market Overview
A radar sensor is an electrical device that detects the velocity and position of a distant object like an aircraft, ship, vehicle, or motorbike. Radar sensors use a superheterodyne receiver to detect electromagnetic radiation. When the transmission is recognized, it alerts the occupants of the car. Currently, these sensors have GPS technology, which allows for the storage of locations requested by the sensor when the user arrives at their destination.
Geopolitical instabilities, rising territorial conflicts in various regions, rising demand from the defence sector with militaries looking to replace legacy systems, and the growing focus on comfort, safety, and assistance features in vehicles are all major drivers of the global radar sensors market. On the other hand, high development costs are a major impediment to the global radar sensor market. In the near future, the emergence of self-driving automobiles is expected to be a great opportunity for radar sensors all over the world. Furthermore, increased defence spending, particularly in developing countries, is likely to drive this market's overall growth.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Band, Range, Applications, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | NXP Semiconductors N.V., Delphi Automotive PLC, ZF Friedrichshafen AG, Denso Corporation, Continental AG, Robert Bosch GmbH, Airbus Group, Infineon Technologies AG, Lockheed Martin Corporation, Autoliv Inc, Raytheon Company. |
Covid-19 Impact on Radar Sensors Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Radar Sensors Market Segment Overview
Based on the Type, Non-imaging radar accounted for a maximum share in the global Radar Sensors market. This is due to its wide usage in traffic management & monitoring, spacecraft, aircraft, and the automotive sector. According to Band, Ku, K, Ka, V, & W bands are projected to show a rapid growth rate in the forecast period. This is because of their extensive usage in the automotive sector for collision mitigation (CM), lane-change assist (LCA), blind-spot detection (BSD), and adaptive cruise control (ACC) applications. Furthermore, based on the Range, Long-Range radar sensors held the largest share in the market. This is due to their employment in weapon control systems, air mapping systems, marine radar systems, and surveillance systems. Additionally, by Application, Automotive is one of the most prominent segments in the market. Growth of this segment can be mainly attributed to the rising awareness around safety products and a subsequent increasing number of radar sensors in automobiles.
Radar Sensors Market, By Type
- Imaging Radar (Primary)
- Continuous Wave (CW) Radar
- Pulse Radar
- Non-Imaging Radar (Secondary)
- Speed Gauge
- Radar Altimeter
Radar Sensors Market, By Band
· HF, VHF, & UHF Bands
· L, S, C, & X Bands
· Ku, K, Ka, V, & W Bands
Radar Sensors Market, By Range
· Short-Range
· Long-Range
· Mid-Range
Radar Sensors Market, By Applications
· Automotive
· Aerospace & Defense
· Industrial
· Security & Surveillance
· Traffic Management & Monitoring
· Weather & Environmental Monitoring
· Others
Radar Sensors Market Regional Overview
In terms of region, the global radar sensor market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held the largest share in the global Radar Sensors market and is projected to rise steadily over the forecast period. Moreover, the market in the Asia Pacific is expected to grow at a higher rate in the coming years. This is because of the augmented government spending to strengthen weapon guidance and surveillance capabilities in countries such as India, China, and Japan.
Radar Sensors Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Radar Sensors Market, Key Players
· NXP Semiconductors N.V.
· Delphi Automotive PLC
· ZF Friedrichshafen AG
· Denso Corporation
· Continental AG
· Robert Bosch GmbH
· Airbus Group
· Infineon Technologies AG
· Lockheed Martin Corporation
· Autoliv Inc
· Raytheon Company
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Radar Sensors market?
Geopolitical instabilities, rising territorial conflicts in various regions, rising demand from the defence sector with militaries looking to replace legacy systems, and the growing focus on comfort, safety, and assistance features in vehicles are all major drivers of the global radar sensors market
Q2. What are the restraining factors for the Radar Sensors market?
High development costs are a major impediment to the global radar sensor market
Q3. Which segment is projected to hold the largest share in the Radar Sensors Market?
Non-imaging radar segment is projected to hold the largest share in the Radar Sensors Market
Q4. Which region is holds largest share in the Radar Sensors market?
North America held largest share in the global Radar Sensors market
Q5. Which are the prominent players in the Radar Sensors Market?
NXP Semiconductors N.V., Delphi Automotive PLC, ZF Friedrichshafen AG, Denso Corporation, Continental AG, Robert Bosch GmbH, Airbus Group, Infineon Technologies AG, Lockheed Martin Corporation, Autoliv Inc, Raytheon Company. are some key players in the Radar Sensors Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Radar Sensors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Imaging Radar (Primary)
- 5.2.1.1. Continuous Wave (CW) Radar
- 5.2.1.2. Pulse Radar
- 5.2.2. Non-Imaging Radar (Secondary)
- 5.2.2.1. Speed Gauge
- 5.2.2.2. Radar Altimeter
- 5.2.1. Imaging Radar (Primary)
- 5.3.1. HF, VHF, & UHF Bands
- 5.3.2. L, S, C, & X Bands
- 5.3.3. Ku, K, Ka, V, & W Bands
- 5.4.1. Short-Range
- 5.4.2. Long-Range
- 5.4.3. Mid-Range
- 5.5.1. Automotive
- 5.5.2. Aerospace & Defense
- 5.5.3. Industrial
- 5.5.4. Security & Surveillance
- 5.5.5. Traffic Management & Monitoring
- 5.5.6. Weather & Environmental Monitoring
- 5.5.7. Others
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Radar Sensors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Imaging Radar (Primary)
- 6.2.1.1. Continuous Wave (CW) Radar
- 6.2.1.2. Pulse Radar
- 6.2.2. Non-Imaging Radar (Secondary)
- 6.2.2.1. Speed Gauge
- 6.2.2.2. Radar Altimeter
- 6.2.1. Imaging Radar (Primary)
- 6.3.1. HF, VHF, & UHF Bands
- 6.3.2. L, S, C, & X Bands
- 6.3.3. Ku, K, Ka, V, & W Bands
- 6.4.1. Short-Range
- 6.4.2. Long-Range
- 6.4.3. Mid-Range
- 6.5.1. Automotive
- 6.5.2. Aerospace & Defense
- 6.5.3. Industrial
- 6.5.4. Security & Surveillance
- 6.5.5. Traffic Management & Monitoring
- 6.5.6. Weather & Environmental Monitoring
- 6.5.7. Others
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Radar Sensors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Imaging Radar (Primary)
- 7.2.1.1. Continuous Wave (CW) Radar
- 7.2.1.2. Pulse Radar
- 7.2.2. Non-Imaging Radar (Secondary)
- 7.2.2.1. Speed Gauge
- 7.2.2.2. Radar Altimeter
- 7.2.1. Imaging Radar (Primary)
- 7.3.1. HF, VHF, & UHF Bands
- 7.3.2. L, S, C, & X Bands
- 7.3.3. Ku, K, Ka, V, & W Bands
- 7.4.1. Short-Range
- 7.4.2. Long-Range
- 7.4.3. Mid-Range
- 7.5.1. Automotive
- 7.5.2. Aerospace & Defense
- 7.5.3. Industrial
- 7.5.4. Security & Surveillance
- 7.5.5. Traffic Management & Monitoring
- 7.5.6. Weather & Environmental Monitoring
- 7.5.7. Others
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Radar Sensors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Imaging Radar (Primary)
- 8.2.1.1. Continuous Wave (CW) Radar
- 8.2.1.2. Pulse Radar
- 8.2.2. Non-Imaging Radar (Secondary)
- 8.2.2.1. Speed Gauge
- 8.2.2.2. Radar Altimeter
- 8.2.1. Imaging Radar (Primary)
- 8.3.1. HF, VHF, & UHF Bands
- 8.3.2. L, S, C, & X Bands
- 8.3.3. Ku, K, Ka, V, & W Bands
- 8.4.1. Short-Range
- 8.4.2. Long-Range
- 8.4.3. Mid-Range
- 8.5.1. Automotive
- 8.5.2. Aerospace & Defense
- 8.5.3. Industrial
- 8.5.4. Security & Surveillance
- 8.5.5. Traffic Management & Monitoring
- 8.5.6. Weather & Environmental Monitoring
- 8.5.7. Others
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Radar Sensors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Imaging Radar (Primary)
- 9.2.1.1. Continuous Wave (CW) Radar
- 9.2.1.2. Pulse Radar
- 9.2.2. Non-Imaging Radar (Secondary)
- 9.2.2.1. Speed Gauge
- 9.2.2.2. Radar Altimeter
- 9.2.1. Imaging Radar (Primary)
- 9.3.1. HF, VHF, & UHF Bands
- 9.3.2. L, S, C, & X Bands
- 9.3.3. Ku, K, Ka, V, & W Bands
- 9.4.1. Short-Range
- 9.4.2. Long-Range
- 9.4.3. Mid-Range
- 9.5.1. Automotive
- 9.5.2. Aerospace & Defense
- 9.5.3. Industrial
- 9.5.4. Security & Surveillance
- 9.5.5. Traffic Management & Monitoring
- 9.5.6. Weather & Environmental Monitoring
- 9.5.7. Others
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. NXP Semiconductors N.V.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Delphi Automotive PLC
- 10.6. ZF Friedrichshafen AG
- 10.7. Denso Corporation
- 10.8. Continental AG
- 10.9. Robert Bosch GmbH
- 10.10. Airbus Group
- 10.11. Infineon Technologies AG
- 10.12. Lockheed Martin Corporation
- 10.13. Autoliv Inc
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
