Automotive Radar Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel

 

Automotive Radar Market Overview: 2025-2030

Base Year: 2024

Historical Years: 2020-23

Forecast Years: 2025-30

The Automotive Radar Market size was valued at around USD 6.8 billion in 2024 and is projected to reach USD 34 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 31% during the forecast period, i.e., 2025-30. Various factors are associated with this market growth. The increasing number of vehicles on the road is significantly boosting the demand for the market. As more vehicles are introduced globally, advanced systems are required to be installed in them carrying numerous safety and navigation features like advanced driver assistance systems.

Markntel Advisor’s Automotive Radar Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Automotive Radar Market drivers, barriers, Automotive Radar Market Trends, and Key Players in Automotive Radar Market.

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Automotive Radar Market Dynamics: 2025-2030

Automotive Radar Market Driver:

High Prevalence of Accidents Creating Intensive Demand – The vast level of accidents reported worldwide is largely accountable for the high demand for automotive radar. As stated by the World Health Organization, accidents account for about 1.19 million deaths per year worldwide with 20 to 50 million left with nonfatal injuries. Such road traffic injuries remain the foremost cause of death among children and young adults aged 5-29 years. More than half of all road traffic deaths are among vulnerable road users, including pedestrians, cyclists, and riders alike. These increased statistics substantiate the need for urgent deployment of high-tech safety measures. This could be provided by the incorporation of automotive radar systems through their features integrated within the vehicles that tend to avert accidents. To prevent these large numbers of accidents the regulatory authorities around the globe are mandating the conventionalization of such safety features in new vehicles, hence, escalating the demand for automotive radar systems.

Browse Full Report with Detail Analysis - https://www.marknteladvisors.com/research-library/automotive-radar-market.html

Automotive Radar Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Vehicle Type

o   Passenger Vehicles- Market Size & Forecast 2020-2030, USD Billion

o   Light Commercial Vehicles- Market Size & Forecast 2020-2030, USD Billion

o   Heavy Commercial Vehicles- Market Size & Forecast 2020-2030, USD Billion

According to report, Based on the vehicle type, passenger vehicles lead the Global Automotive Radar Market.

·       By Range

o   Short Range Radar- Market Size & Forecast 2020-2030, USD Billion

o   Medium Range Radar- Market Size & Forecast 2020-2030, USD Billion

o   Long Range Radar- Market Size & Forecast 2020-2030, USD Billion

·       By Propulsion Type

o   Internal Combustion Engine (ICE)- Market Size & Forecast 2020-2030, USD Billion

o   Electric- Market Size & Forecast 2020-2030, USD Billion

According to report, Based on propulsion type, the Internal Combustion Engine (ICE) dominates the Global Automotive Radar market.

·       By Frequency

o   2X GHZ System- Market Size & Forecast 2020-2030, USD Billion

o   7X GHZ System- Market Size & Forecast 2020-2030, USD Billion

·       By Application

o   Adaptive Cruise Control- Market Size & Forecast 2020-2030, USD Billion

o   Automatic Emergency Braking- Market Size & Forecast 2020-2030, USD Billion

o   Blind Spot Detection- Market Size & Forecast 2020-2030, USD Billion

o   Forward Collision Warning System- Market Size & Forecast 2020-2030, USD Billion

o   Intelligent Parking Assistant- Market Size & Forecast 2020-2030, USD Billion

o   Cross Traffic Alerts- Market Size & Forecast 2020-2030, USD Billion

o   Lane Departure Warning Systems- Market Size & Forecast 2020-2030, USD Billion

o   Traffic Jam Assist- Market Size & Forecast 2020-2030, USD Billion

o   Others- Market Size & Forecast 2020-2030, USD Billion

·       By Region

o   North America

o   South America

o   Europe

o   The Middle East & Africa

o   Asia-Pacific

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Automotive Radar Market:

  • Robert Bosch GmbH
  • Continental AG
  • Denso Corporation
  • Aptiv
  • Autoliv Inc.
  • Veoneer
  • Valeo SA
  • Delphi Automotive Company
  • NXP Semiconductors NV
  • HELLA GmbH & Co. KGaA
  • Texas Instruments Incorporated
  • ZF Friedrichshafen AG
  • Infineon Technologies AG
  • Renesas Electronics Corporation
  • Analog Devices, Inc.

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