The automotive radar market was valued at US$ 5,019.01 million in 2019 and is projected to reach US$ 11,640.77 million by 2027; it is expected to grow at a CAGR of 14.9% during 2020–2027.
Studying and analyzing the impact of Coronavirus COVID-19 on the Automotive Radar industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
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The global Automotive Radar market has been segmented into five major regions: North America, Europe, APAC, MEA, and SAM. APAC holds the dominant share in the Automotive Radar market and it is expected to be the fastest-growing region in the global market in forecasted period. Governments of various countries are supporting local manufacturers to enhance automotive sector in the country which is bolstering the market growth.
The Top Companies in the Automotive Radar market include: – Continental AG, Denso Corporation, Aptiv plc, HELLA GMBH & CO. KGAA, Robert Bosch GmbH, VALEO SA, ZF Friedrichshafen AG, Veoneer Inc., Nidec Elesys Corporation, TungThih Electronic Co.Ltd.
The above listing of key players is derived by considering multiple factors such as overall revenue, current Automotive Radar portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities.
Global Automotive Radar Market: Applications and Types
COVID-19 Impact and Global Analysis By Range (Long Range Radar (LRR), Medium Range Radar (MRR), Short Range Radar (SRR)), Frequency (24GHz, 77GHz, 79GHz), Application (Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Detection, Forward Collision Warning System, Intelligent Park Assist, Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Medium and Heavy Commercial Vehicles)
Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the in-Automotive Radar market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Some Point from Table of Content:
Global Automotive Radar Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2028
1 Automotive Radar Market – Research Scope
2 Automotive Radar Market – Research Methodology
3 Automotive Radar Market Forces
4 Automotive Radar Market – By Geography
5 Automotive Radar Market – By Trade Statistics
6 Automotive Radar Market – By Type
7 Automotive Radar Market – By Application
8 North America Automotive Radar Market
9 Europe Automotive Radar Market Analysis
10 Asia-Pacific Automotive Radar Market Analysis
11 Middle East and Africa Automotive Radar Market Analysis
12 South America Automotive Radar Market Analysis
13 Company Profiles
14 Market Forecast – By Regions
15 Market Forecast – By Type and Applications
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