DUBLIN--(BUSINESS WIRE)--The "Global Automotive Radar Market (2022-2027) by Application, Technology, Range, Vehicle Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Radar Market is estimated to be USD 6.01 Bn in 2022 and is expected to reach USD 10.17 Bn by 2027, growing at a CAGR of 11.1%.

Market dynamics are forces that impact the prices and behaviors of the Global Automotive Radar Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

  • The Global Automotive Radar Market is segmented based on Application, Technology, Range, Vehicle Type, and Geography.
  • Application, the market is classified into Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BCD), Forward Collison Warning System (FCWS), and Other ADAS Application.
  • Technology, the market is classified into 24 GHz, 77GHz, and 79GHz.
  • Range, the market is classified into Short-Range, Mid-Range, and Long Range.
  • Vehicle Type, the market is classified into Passenger Car, and Commercial Vehicle.
  • Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of - Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of - Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Automotive Radar Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

  • Rising Urbanization and Increasing Traffic Congestions
  • Increase in Adoption of ADAS Technology
  • Growing Focus on Vehicle Safety Systems and Comfort Systems
  • Increasing Vehicle Production and Vehicle Sales

Restraints

  • Illegal in Some Countries
  • High Cost of Systems

Opportunities

  • Penetration in Developing Markets
  • Technological Advancements in Vehicle Safety and Security

Challenges

  • Concern for Security
  • Electromagnetic Jamming and Interface Issue

Companies Mentioned

  • Analog Devices Inc
  • Borgwarner Inc
  • Continental Ag
  • Denso Corporation
  • NXP Semiconductors
  • Robert Bosch Gmbh
  • Texas Instruments Incorporated
  • Valeo
  • Veoneer Inc
  • Zf Friedrichshafen Ag
  • Aisin Seiki
  • Autolive Inc
  • Lear Corporation
  • Lawson Products, Inc
  • Broadcom
  • KLA Tencor
  • Huawei Technologies Co. Ltd.
  • Spartan Radar

For more information about this report visit https://www.researchandmarkets.com/r/kopr8m

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