The global automotive radar market is anticipated to reach $15,658.6 million by 2026 according to a new research published by Polaris Market Research. In 2017, the adaptive cruise control application dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global Automotive Radar market.
The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the market growth. Higher frequency radar systems are being used in vehicles owing to their improved performance, increased reliability, and higher accuracy. The adoption of automotive radar systems has increased significantly owing to increasing road traffic, growing incidences of road accidents, and growing need to improve road safety. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive Radar market in the coming years.
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Automotive radars use 76 GHz to 81 GHz technology platform for easier development and use of individual sensors for multiple purposes. Use of wider bandwidth provides higher resolution and enhanced object recognition. The 79 GHz project founded by the European Commission aims to speed up global agreement to use the 79 GHz band for vehicular radars. The Russian Federation, Ukraine, Turkey and the Balkan region have approved the use of the 79 GHz band for automotive high-resolution short range radars.
In 2017, Europe accounted for the highest share in the global Automotive Radar market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive radars. Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the market growth.
The well-known companies profiled in the report include Delphi Automotive PLC, Denso Corporation, Continental AG, Infineon Technologies AG, Analog Devices, Inc, ZF Friedrichshafen AG, Robert Bosch GmbH, NXP Semiconductors, Texas Instruments Incorporated, Autoliv Inc., and Hella KGaA Hueck & Co among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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- Automotive Radar Market Size and Forecast, 2017-2026 by Range
- Short Range
- Medium Range
- Long Range
- Automotive Radar Market Size and Forecast, 2017-2026 by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Automotive Radar Market Size and Forecast, 2017-2026 by Sales Channel
- OEM
- Aftermarket
- Automotive Radar Market Size and Forecast, 2017-2026 by Frequency
- 2X-GHZ Radar Systems
- 7X-GHZ Radar Systems
- Automotive Radar Market Size and Forecast, 2017-2026 by Application
- Blind Spot Detection
- Adaptive Cruise Control
- Intelligent Parking Assistance
- Autonomous Emergency Braking
- Others
- Automotive Radar Market Size and Forecast, 2017-2026 by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Asia-Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
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The global automotive radar market is anticipated to reach $15,658.6 million by 2026 according to a new research published by Polaris Market Research.
In 2017, the adaptive cruise control application dominated the global market, in terms of revenue.
In 2017, Europe accounted for the majority share in the global Automotive Radar market.
The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the market growth.
New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive Radar market in the coming years.
Use of wider bandwidth provides higher resolution and enhanced object recognition.
The global automotive radar market is anticipated to reach $15,658.6 million by 2026 according to a new research published by Polaris Market Research.
In 2017, the adaptive cruise control application dominated the global market, in terms of revenue.
In 2017, Europe accounted for the majority share in the global Automotive Radar market.
The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the market growth.
New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive Radar market in the coming years.
Use of wider bandwidth provides higher resolution and enhanced object recognition.
Growing road safety concerns and increasing adoption of autonomous emergency brakes are among the significant factors influencing the market growth.The global autonomous emergency brakes market is projected to be worth USD 76.06 Billion by 2027, according to a current analysis by Emergen Research.
The autonomous emergency brakes market is observing a high growth rate attributed to growing road safety concerns and growing adoption of autonomous emergency braking systems.
They encompass considerable costs to healthcare systems consuming resources and causing huge productivity loss with substantial economic and social aftermaths.
The research offers a bird’s eye view of the current market scenario regarding the operations of the leading companies in the Autonomous Emergency Brakes market.
The report presents an extensive analysis of the leading players with regards to their business portfolio, product portfolio, market share and size, global reach and position, revenue share, gross profit margins, and production and manufacturing capacity.Download the report description @ https://www.emergenresearch.com/request-sample/293 Data fusion enables the separation of false-positive inputs from real objects, an essential functionality from an autonomous emergency brake system for the prevention of accidental application of brakes resulting in rear-end collision that may be dangerous.Radical Highlights of the Autonomous Emergency Brakes Market Report:Study of the latest product launches and technological advancements to help the readers in formulating investment strategiesFocus on market scenario, dynamics, and trends to be expected in the coming yearsAdvanced analytical tools such as Porter’s Five Forces analysis, SWOT analysis, feasibility analysis, and investment return analysisThorough regional analysis to offer insights into production and consumption patterns, supply and demand ratio, market size, revenue contrition, and the presence of prominent playersCompetitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M activities, revenue, market positions, market share, global position, and financial standingKey participants include Denso Corporation, Delphi Automotive PLC, Aisin Seiki Co. Ltd., Robert Bosch GmbH, Texas Instruments Inc., Continental AG, Valeo SA, ZF Friedrichshafen AG, Wabco Holdings Inc., and Hyundai Mobis Co. Ltd., among others.
Covid AnalysisThe research report draws focus on the impact of the COVID-19 pandemic on the market and its crucial segments.
According to the latest research report published by Dhirtek Business Research, the global driving simulator market report provides detailed information on the factors driving the growth of the driving simulator market.
This pandemic is having an impact on various sectors of the economy.
It predicts that the global economy will suffer as a result of the loss of trillions of dollars.
To compete in a competitive market, the companies must identify product opportunities based on their strengths.
This study provides a platform for understanding the various exciting and rising prospects in the field of driving simulator, and it will help every producer, distributor, or even user understand and succeed in this burgeoning industry.
Obtain a Sample Report and the Table of Content for the Driving Simulator Market Report:https://www.dhirtekbusinessresearch.com/market-report/Driving-Simulator-Market/request-for-sample-report Study Goals and Objectives of Global Driving Simulator Market The report provides information on the market impact of driving simulator.
