Radar Sensors Market: Information by Type (Imaging Radars, Non-Imaging Radars) End-user Application (Automotive, Aerospace & Defense, Industrial, Security & Surveillance, Traffic Monitoring & Management, Other), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Radar sensors use Frequency Modulated Continuous Wave (FMCW) radar to reliably detect moving or stationary targets, including cars, trains, trucks, and cargo in extreme weather conditions. Radar-based sensors are ideal for collision avoidance onboard mobile equipment such as reach stackers, forklifts, and mining vehicles or port machinery such as carriers, handlers, and shippers.
The report shows the Radar Sensors market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.
The global Radar Sensors market will witness growth owing to the uses of frequency modulated continuous wave which enables to detect different kinds of targets. The growing need for national security is also an important driver to the growth, this includes the rising security threats, the trailing and observing activities within and outside the countries.
By applications, the report forecasts the Non-Imaging radar sensor segment will witness increase in the revenue generation, which is on accounts of the rising number of autonomous cars so that soaring demand for radar sensors for application in these vehicles, also due to the less costs involved in using non-imaging sensors than the imaging radar sensors, which has boosted the segment adoption.
Market Player
Robert Bosch
Continental
Continental
Denso Corporation
ZF Friedrichshafen
Delphi Automotive
Hella
Infineon Technologies
Autoliv
Airbus Group
Lockheed Martin Corporation
Raytheon Company
NXP Semiconductors
Escort
Smart Microwave Sensors
Omniradar
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Market Segmentation
By Type
Imaging Radars
Non-Imaging Radars
By Application
Automotive
Aerospace & Defense
Industrial
Security & Surveillance
Traffic Monitoring & Management
Environmental & Weather Monitoring
Others
By Region
North America
u U.S.
u Canada
u Mexico
Europe
u Germany
u France
u Italy
u Spain
u U.K.
u Nordic Countries
u Belgium
u Russia
u Rest of Europe
Asia Pacific
u China
u India
u Australia
u Japan
u South Korea
u Australia and New Zealand
u Rest of Asia Pacific
Latin America, Middle East & Africa
u GCC Countries
u Brazil
u Nigeria
u Argentina
u South Africa
u Others
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Here Are Some Key Trends About Which You Need to Keep an Eye on For Global Radar Sensors Market (2019 – 2026)
l North America dominates the utmost market share as the technology is extensively being used in the area, for the purpose of monitoring weather, security, and surveillance.
l The demand for Radar Sensors in Europe regions is estimated to grow rapidly over the forecast period, owing to the presence of key players coupled with their contribution in sales, including ZF Friedrichshafen AG, Robert Bosch GmbH, Continental AG.
l Asia-Pacific economies such as Japan, China, India are emerging markets for Radar Sensors, the region is estimated to be the fast-growing market with a CAGR of xx% during the analyzed period.
Market Analyze Period
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
Report Key Audience
l Radar Sensors manufacturers
l Component parts suppliers of Radar Sensors
l Downstream vendors and end-users
l Traders, distributors, and resellers of Radar Sensors
l Electronics industry associations and research organizations
l Product managers, Radar Sensors industry administrator, C-level executives of the industries
l Market Research and consulting firms
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