Automotive Radar Market Production, Trends, Price, Revenue, Share, Growth and Forecast Until 2022

Posted on 2018-03-15 by Mark Hub in Automotive // 0 Comments

Fact.MR

Rockville, US, 2018-Mar-15 — /EPR Network/ — A fresh study, covering “Automotive Radar Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the automotive market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Automotive Radar Market.

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According to a latest report published by Fact.MR, the global automotive radar market is set to reach US$ 7,260.8 Mn by 2022 up from US$ 2,000 Mn in 2017, registering a robust CAGR. As compared to other sensing technology, automotive radars show higher efficiency and functionality in extreme road conditions (extreme temperatures, critical weather and poor light). This, is turn, is supporting the rapid incorporation of automotive radar in vehicles. Automobile companies are steadily making the shift from manufacturing function-specific capabilities to developing self-driving technology, which is anticipated to increase the applicability of radar technology in the years to come.

Short Range Radar to Remain Highly Sought-After in the Market

Demand for short-range radar will continue to gain traction during the forecast period. In terms of revenue, short range radars are expected to account for nearly one-half share of the market in 2017. By 2022, around US$ 3,468.2 Mn worth short range radar are estimated to be sold worldwide. Meanwhile, mid-range radars are anticipated to command for slightly over one-third revenue share of the market. This segment is expected to register a stellar CAGR to reach a promising market valuation by 2022-end.

On the basis of vehicle type, the passenger car segment is expected to grow to US$ 5,345.9 Mn by the end of 2022, registering a vigorous CAGR. In terms of revenue, this segment is projected to account for around two-third share of the market by 2017-end. The passenger car segment is expected to create an absolute $ opportunity of US$ 3,609.6 Mn between 2017 and 2022. During the same period, the LCV segment is expected to retain its second spot.

By application, the adaptive cruise control segment will account for a staggering two-fifth revenue share of the market by 2017-end. In recent years, adaptive cruise control has emerged as a prominent and a must-have safety feature in the vehicles. This particular application segment is estimated to reach a market valuation US$ 3,208.4 Mn in by the end of 2022. Meanwhile, the autonomous emergency braking segment is expected to witness the fastest CAGR during the forecast period.

Competitive Landscape

Continental AG, Delphi Automotive PLC, Robert Bosch GmbH, Infineon Technologies AG, Analog Devices, Inc, NXP Semiconductors N.V., Denso Corporation, Texas Instruments, Inc., Hella KGaA Hueck & Co., ZF Friedrichshafen AG, and Autoliv, Inc are among the top companies in the global market for automotive radar. Many of market players are actively focusing on investing in new technology to develop high-performance, and energy-efficient products.

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Table of Contents:

Chapter 1. Global Automotive RADAR Market – Executive Summary. 28

Chapter 2. Global Automotive RADAR Market Overview. 30
2.1. Introduction. 30
2.1.1. Global Automotive RADAR Market Taxonomy. 30
2.1.2. Global Automotive RADAR Market Definition. 30
2.2. Global Automotive RADAR Market Size (US$ Mn) and Forecast, 2012-2022. 30
2.2.1. Global Automotive RADAR Market Y-o-Y Growth. 30
2.3. Global Automotive Radar Market: Macroeconomic Factors. 31
2.3.1. Economic Outlook. 31
2.3.2. International Policy. 31
2.3.3. Profitability of Enterprises. 32
2.3.4. Increasing Purchasing Power of Middle Class. 32
2.3.5. Complex Eco System. 32
2.3.6. Supply chain Issues. 32
2.3.7. End-user Sentiment. 32
2.4. Global Automotive Radar Market Impact Factors. 33
2.4.1. Autonomous Vehicles. 33
2.4.2. The Influence of China. 33
2.4.3. Innovations in Technology. 33
2.4.4. Dilemma on Shift to New Technologies. 34
2.4.5. Disruption in Traditional Business Models. 34
2.4.6. Rising Component Costs in Developing Countries. 34
2.4.7. Shrinking Product Development Time. 34
2.4.8. Fluctuating Input costs. 35
2.4.9. Adoption of New Mobility Solutions. 35
2.4.10. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 35
2.4.11. Rising Complexity Influencing Greater Emphasis on Platformimg. 35
2.4.12. Increasing R&D expenditure. 36
2.4.13. Trends. 36
2.4.13.1. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 36
2.4.13.2. Rising Complexity Influencing Greater Emphasis on Platforming. 36
2.5. Supply Chain. 37
2.6. Cost Structure. 37
2.7. Pricing Analysis. 37

Continued…..

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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