A radar sensor is an electronic device which detects the velocity and location of an object situated at a distance such as ship, aircraft, vehicle, or motorbike. Radar sensors discover electromagnetic emissions with the help of a superheterodyne receiver then it informs the person in the vehicle when the transmission is identified. Currently, the GPS technology is incorporated into these sensors which offer the storage of locations prompted by the sensor when the user reaches their destination. Rising focus on safety and security requirements in automotive applications is the key propelling factor of the radar sensor market growth. Currently, the technology has become more advanced and majorly focuses on safety and security requirements in several applications such as vehicle collision assistance, industrial and public safety and robotic assistance. Therefore, radar sensors are used as they offer precision and provide distinct safety and security solution capabilities with superior performance. These radar sensors allow low-power consumption, small size, integrated data processing, and quicker response time. These characteristics make radar sensors commercial in applications such as transportation, automotive, home automation, energy efficiency, industrial and public safety. In an automotive application, the key role of the radar sensors is in blind-spot detection, collision avoidance systems, adaptive cruise control, advanced driver assistance system and lane departure warning system. Technological advances allow proactive safety features such as collision mitigation systems and vulnerable road user detection. To offer crucial functions for the safety of a car, the system must determine more precisely between the objects on the roads. Therefore, the system needs more bandwidth and narrowband frequency ranges in the 24GHz and 76 GHz bands. Apart from this, the huge maintenance cost of radar sensor installed in cars is one of the key factors which impede the market growth.

Furthermore, there has been a shift of global power towards Asia Pacific, in terms of economy, which has an unchanging impact on military spending. This is majorly owing to the swiftly growing economy and an increase in military spending in countries such as India, China and South Korea. China is the key driving force in APAC; its robust economic stability and contribution toward military spending make China the second-largest defense spender worldwide. With the development of China and its recent authoritative behavior, neighboring countries such as India, Vietnam, the Philippines, and Japan are emphasizing on empowering their military power which consequently creating opportunities for the market growth.

The global Radar Sensor Market is segregated on the basis of Band as L, S, C, and X Bands, Ku, K, Ka, V, and W Bands and HF, VHF, and UHF Bands. Based on Range the global Radar Sensor Market is segmented in Short-Range Radar, Mid-Range Radar and Long-Range Radar. Based on Type the global Radar Sensor Market is segmented in Speed Gauge, Altimeter, Imaging Radar, CW Radar, Pulse Radar and Non-imaging Radar. Based on Vertical the global Radar Sensor Market is segmented in Traffic Monitoring and Management, Environmental and Weather Monitoring, Industrial, Automotive, Aerospace and Defense, Security and Surveillance, Commercial and Others.

The global Radar Sensor Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Radar Sensor Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

• Continental AG, NXP Semiconductors, Saffron Electronics and Defense, Robert Bosch GmbH, ZF Friedrichshafen AG and others are among the major players in the global Radar Sensor Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
• In April 2017, Germany's Robert Bosch (Germany) partnered with Chinese Internet giant Baidu Inc. and domestic mapping firms AutoNavi and NavInfo Co Ltd on automated driving projects.
• In December 2016, Denso (Japan) acquired a majority of a Japanese information and communication technology company Fujitsu Ten Ltd. This acquisition empowers Denso's development of ADAS, millimeter-wave radar, and other technologies which support self-driving cars.
• In November 2016, Delphi Corp. (UK) signed a contract with Intel to buy high-powered computer processors for Delphi's future autonomous vehicle systems. Intel Corp. supplies high-capacity computers to Delphi which are required for process input from radar, cameras and laser sensors, including maps of roadside landmarks.

The global Radar Sensor Market has been segmented as below:

Radar Sensor Market, By Band

• L, S, C, and X Bands
• Ku, K, Ka, V, and W Bands
• HF, VHF, and UHF Bands

Radar Sensor Market, By Range

• Short-Range Radar
• Mid-Range Radar
• Long-Range Radar

Radar Sensor Market, By Type

• Speed Gauge
• Altimeter
• Imaging Radar
• CW Radar
• Pulse Radar
• Non-imaging Radar

Radar Sensor Market, By Vertical

• Traffic Monitoring and Management
• Environmental and Weather Monitoring
• Industrial
• Automotive
• Aerospace and Defense
• Security and Surveillance
• Commercial
• Others

Radar Sensor Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Radar Sensor Market, By Company

• Continental AG
• NXP Semiconductors
• Saffron Electronics and Defense
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• HELLA KGaA Hueck and Co.
• Airbus
• Autoliv
• Banner Engineering
• Delphi Automotive
• DENSO Corporation
• Infineon Technologies
• InnoSenT
• Lockheed Martin
• Omniradar
• Raytheon Company
• Sivers IMA
• Smartmicro
• Texas instruments
• Honeywell International Inc.
• L3harris Technologies Inc.
• Saab AB
• STMicroelectronics N.V.
• Vayyar Imaging Ltd.
• Steradian Semiconductors Pvt. Ltd.
  

The report covers the below scope:

• Global Radar Sensor Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Radar Sensor Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Radar Sensor Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Radar Sensor Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Radar Sensor Market share. Major industry players with significant revenue share include Continental AG, NXP Semiconductors, Saffron Electronics and Defense, Robert Bosch GmbH, ZF Friedrichshafen AG and others.

Why to Buy this Report:

• Gain detailed insights on the Radar Sensor industry trends
• Find complete analysis on the market status
• Identify the Radar Sensor Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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