COVID-19 Impact on Automotive Radar Sensors Market, Global Research Reports 2020-2021
Automotive radars are driver assistance systems that use sensors to detect the speed and range of objects in proximity of the vehicle. It is a core sensor (range, speed) of driver assistance systems: long range (LRR) for Adaptive Cruise Control, medium range (MRR) for cross traffic alert and lane change assist, short-range (SRR) for parking aid, obstacle/pedestrian detection. A key component of ADAS is radar systems that constantly sense the distance between vehicles in real-time, improving driving efficiency and safety.
Automotive radar sensors are used in various applications, such as autonomous braking, forward collision warning system, adaptive cruise control, lane departure warning, adaptive headlights, blind spot detection, and parking assistance. Major automakers across the globe started to integrate basic collision avoidance systems into their mass-market models. Owing to the increased number of road accidents, emphasis is on improved road safety regulations and laws for making vehicles safe for driving. This, in turn, is increasing the consumption of advanced driver-assistance systems (ADAS) and the demand for the automotive radar sensors market.
This report provides a complete quantitative data and qualitative analysis on the global market for Automotive Radar Sensors. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Automotive Radar Sensors was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Automotive Radar Sensors is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Automotive Radar Sensors, including the following market information:
Global Automotive Radar Sensors Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include Robert Bosch GmbH, NXP Semiconductors N.V, Infineon Technologies AG, Quanergy, Leddar, Ibeo Automotive Systems GmbH, Continental AG, Denso Corporation, TRW - ZF Friedrichshafen, Delphi Automotive, Hella, Autoliv Inc, Velodyne LiDAR, Hitachi, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Long Range Radar Sensor
Medium Range Radar Sensor
Short Range Radar Sensor
Based on the Application:
Park Assist Systems
ACC
BSD
AEBS
LDWS
PPS
Others
Automotive radar sensors are used in various applications, such as autonomous braking, forward collision warning system, adaptive cruise control, lane departure warning, adaptive headlights, blind spot detection, and parking assistance. Major automakers across the globe started to integrate basic collision avoidance systems into their mass-market models. Owing to the increased number of road accidents, emphasis is on improved road safety regulations and laws for making vehicles safe for driving. This, in turn, is increasing the consumption of advanced driver-assistance systems (ADAS) and the demand for the automotive radar sensors market.
This report provides a complete quantitative data and qualitative analysis on the global market for Automotive Radar Sensors. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Automotive Radar Sensors was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Automotive Radar Sensors is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Automotive Radar Sensors, including the following market information:
Global Automotive Radar Sensors Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Automotive Radar Sensors Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include Robert Bosch GmbH, NXP Semiconductors N.V, Infineon Technologies AG, Quanergy, Leddar, Ibeo Automotive Systems GmbH, Continental AG, Denso Corporation, TRW - ZF Friedrichshafen, Delphi Automotive, Hella, Autoliv Inc, Velodyne LiDAR, Hitachi, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Long Range Radar Sensor
Medium Range Radar Sensor
Short Range Radar Sensor
Based on the Application:
Park Assist Systems
ACC
BSD
AEBS
LDWS
PPS
Others
Frequently Asked Questions
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