Research Expert: Sarah Overall
  • Published: Apr 2025
  • Pages: 150
  • SKU: IRTNTR41294

  • Latest News- Automotive Radar Sensors Market: Medium-range is expected to lead the Type segment during 2025-2029

    The Automotive Radar Sensors Market is being driven by Availability of high-frequency radar sensors

    The Automotive Radar Sensors Market is expected to grow at a CAGR of 28.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 19927.9 million. In the automotive industry, Advanced Driver-Assistance Systems (ADAS) have become increasingly prevalent, integrating various electronic components such as sensors, cameras, radar, ultrasound, and LIDAS into modern vehicles. Strict regulations and OEM differentiation efforts have fueled the growing demand for automotive radar sensors. However, these advanced safety systems function independently, limiting their effective and realistic operation. To address this challenge, sensor fusion technology has emerged, enabling the combination of data from multiple sensor types to enhance system performance and overcome individual sensor shortcomings. 

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    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Type
      • Medium-range
      • Long-range
      • Short-range
    • Application
      • FCW
      • AEBS
      • ACC
      • Others
    • Component
      • Radar sensors
      • Radar modules
      • ECUs
    • End-user
      • Passenger cars
      • Commercial vehicles
    • Geography
      • Europe
        • Germany
        • UK
        • France
        • Italy
      • North America
        • Canada
        • US
      • APAC
        • China
        • India
        • Japan
      • South America
        • Middle East and Africa

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Availability of high-frequency radar sensors
        • Growing shift toward solid-state radar technology
        • Integration of radar sensors with other sensor technologies

        However, the market also witnesses some limitations, which are as follows:

        • Concerns associated with cybersecurity risks
        • Issues associated with system reliability of automotive radar sensors
        • Multiple compliance standards associated with automotive radar sensors

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        Market Scope in Automotive Radar Sensors Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        243

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 28.5%

        Market growth 2025-2029

        USD 19927.9 million

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        17.7

        Key countries

        US, China, Japan, India, Canada, UK, Germany, France, The Netherlands, and Italy

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

        Request Free Sample

        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        The Automotive Radar Sensors market encompasses various radar technologies, including short range, mid range, and long range, for Passenger Vehicles and Commercial Vehicles. These sensors employ Radar technology for Object Detection, Blind-spot Detection, Lane Change Assistance, Collision Prevention, and Adaptive Cruise Control. ADAS/AD systems, Autonomous Driving, and Industry 4.0 integration are key applications. High-frequency components fuel Technology Innovation. Radar imaging, 360-degree sensing, and Collision Avoidance are essential Safety Features. Solid-state radar and Sensor Integration are significant trends. Automotive Radar is pivotal for Radar Detection and Autonomous Vehicles.

        Market Research Overview

        The global automotive components and equipment market encompasses businesses producing parts and accessories for various automobile categories, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market size is determined by the consolidated revenue of automotive component and equipment manufacturers. Factors driving growth in this sector include the escalating demand for electronic control units (ECUs) and other electrical components due to the rising sales of electric vehicles, motorcycles, and passenger cars in recent years. Additionally, the integration of advanced driver-assistance systems (ADAS) and autonomous driving (AD) technologies in modern vehicles is further fueling market expansion. Among the various radar sensor types, short range, mid range, and long range automotive radar sensors are gaining significant traction in the automotive industry due to their ability to enhance vehicle safety and improve driving experience.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


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        Media & Marketing Executive
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        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

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