
Global Automotive Radar Market Size Study, by Range (Short Range, Medium Range, Long Range), by Vehicle Type (PC, LCV, HCV), and Regional Forecasts 2024-2034
Description
The global automotive radar market, valued at approximately USD 5.28 billion in 2024, is projected to expand at a staggering CAGR of 31.5% during the forecast period of 2024-2034. Automotive radar systems, a cornerstone of advanced driver-assistance systems (ADAS), leverage cutting-edge radar technologies to enhance vehicle safety, improve situational awareness, and enable semi-autonomous and autonomous functionalities. These systems, operating on high-frequency bands such as 24 GHz and 77 GHz, offer unparalleled precision in detecting objects, identifying threats, and supporting adaptive cruise control, collision avoidance, and lane-keeping systems.
As the automotive industry races toward autonomous mobility, the adoption of radar technology is accelerating. With increasing regulatory mandates on safety and the integration of ADAS features across vehicle categories, demand for short-range, medium-range, and long-range radar systems is witnessing exponential growth. Electric and hybrid propulsion vehicles are particularly benefitting from these advancements, as radar systems seamlessly integrate into the architecture of next-generation mobility solutions. The market is also bolstered by innovations in radar technology, such as higher accuracy, faster response times, and improved signal processing capabilities, ensuring reliable performance even in adverse weather conditions.
While the prospects for the automotive radar market are promising, challenges such as high manufacturing costs and spectrum congestion due to overlapping frequencies must be addressed. However, collaborations between automakers, semiconductor companies, and regulatory bodies are paving the way for scalable, cost-effective solutions. Increasing investments in R&D and advancements in complementary technologies like artificial intelligence and machine learning are also enabling dynamic radar performance improvements.
Regionally, North America holds a dominant position in the market, driven by robust investments in autonomous driving technologies and a mature automotive ecosystem. Europe follows closely, with stringent safety regulations and government initiatives supporting the deployment of radar-based ADAS in passenger and commercial vehicles. Meanwhile, the Asia-Pacific region is expected to exhibit the fastest growth, fueled by rising vehicle production, urbanization, and increasing adoption of advanced safety systems in emerging markets such as China, India, and South Korea.
Major market players included in this report are:
By Range:
North America:
As the automotive industry races toward autonomous mobility, the adoption of radar technology is accelerating. With increasing regulatory mandates on safety and the integration of ADAS features across vehicle categories, demand for short-range, medium-range, and long-range radar systems is witnessing exponential growth. Electric and hybrid propulsion vehicles are particularly benefitting from these advancements, as radar systems seamlessly integrate into the architecture of next-generation mobility solutions. The market is also bolstered by innovations in radar technology, such as higher accuracy, faster response times, and improved signal processing capabilities, ensuring reliable performance even in adverse weather conditions.
While the prospects for the automotive radar market are promising, challenges such as high manufacturing costs and spectrum congestion due to overlapping frequencies must be addressed. However, collaborations between automakers, semiconductor companies, and regulatory bodies are paving the way for scalable, cost-effective solutions. Increasing investments in R&D and advancements in complementary technologies like artificial intelligence and machine learning are also enabling dynamic radar performance improvements.
Regionally, North America holds a dominant position in the market, driven by robust investments in autonomous driving technologies and a mature automotive ecosystem. Europe follows closely, with stringent safety regulations and government initiatives supporting the deployment of radar-based ADAS in passenger and commercial vehicles. Meanwhile, the Asia-Pacific region is expected to exhibit the fastest growth, fueled by rising vehicle production, urbanization, and increasing adoption of advanced safety systems in emerging markets such as China, India, and South Korea.
Major market players included in this report are:
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Aptiv PLC
- Veoneer, Inc.
- NXP Semiconductors
- Infineon Technologies AG
- Hella KGaA Hueck & Co.
- ZF Friedrichshafen AG
- Texas Instruments Inc.
- Valeo
- Analog Devices, Inc.
- Mitsubishi Electric Corporation
- Magna International Inc.
- Autoliv, Inc.
By Range:
- Short Range
- Medium Range
- Long Range
- Passenger Cars (PC)
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
- 2X-GHz
- 7X-GHz
- Internal Combustion Engine (ICE)
- Electric
- Adaptive Cruise Control (ACC)
- Collision Avoidance System (CAS)
- Blind Spot Detection (BSD)
- Lane Departure Warning Systems (LDWS)
- Autonomous Emergency Braking (AEB)
- Others
North America:
- U.S.
- Canada
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Brazil
- Mexico
- Rest of Latin America
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Market estimates & forecasts for 10 years from 2022 to 2032.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level insights.
- Competitive landscape with information on major market players.
- Analysis of key business strategies and recommendations for future market approaches.
- Competitive structure analysis of the market.
- Demand-side and supply-side analysis of the market.
Table of Contents
285 Pages
- Chapter 1. Global Automotive Radar Market Executive Summary
- 1.1. Global Automotive Radar Market Size & Forecast (2024-2034)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Range
- 1.3.2. By Vehicle Type
- 1.3.3. By Frequency
- 1.3.4. By Propulsion
- 1.3.5. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Investment Analysis
- 1.7. Investment Rationale
- 1.8. Analyst Recommendation & Conclusion
- Chapter 2. Global Automotive Radar Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Automotive Radar Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable Transportation
- 3.1.2. Government Incentives and Support
- 3.1.3. Technological Advancements in Battery and Autonomy
- 3.2. Market Challenges
- 3.2.1. High Initial Acquisition Costs
- 3.2.2. Limited Charging Infrastructure
- 3.3. Market Opportunities
- 3.3.1. Expansion in Public Transit Systems
- 3.3.2. Strategic Partnerships and Collaborations
- 3.3.3. Innovations in Battery Technology and Autonomous Systems
- Chapter 4. Global Automotive Radar Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Automotive Radar Market Size & Forecasts by Range 2024-2034
- 5.1. Segment Dashboard
- 5.2. Global Automotive Radar Market: Range Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Short Range
- 5.2.2. Medium Range
- 5.2.3. Long Range
- Chapter 6. Global Automotive Radar Market Size & Forecasts by Vehicle Type 2024-2034
- 6.1. Segment Dashboard
- 6.2. Global Automotive Radar Market: Vehicle Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Passenger Cars (PC)
- 6.2.2. Light Commercial Vehicles (LCV)
- 6.2.3. Heavy Commercial Vehicles (HCV)
- Chapter 7. Global Automotive Radar Market Size & Forecasts by Frequency 2024-2034
- 7.1. Segment Dashboard
- 7.2. Global Automotive Radar Market: Frequency Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. 2X-GHz
- 7.2.2. 7X-GHz
- Chapter 8. Global Automotive Radar Market Size & Forecasts by Propulsion 2024-2034
- 8.1. Segment Dashboard
- 8.2. Global Automotive Radar Market: Propulsion Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Internal Combustion Engine (ICE)
- 8.2.2. Electric
- Chapter 9. Global Automotive Radar Market Size & Forecasts by Application 2024-2034
- 9.1. Segment Dashboard
- 9.2. Global Automotive Radar Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 9.2.1. Adaptive Cruise Control (ACC)
- 9.2.2. Collision Avoidance System (CAS)
- 9.2.3. Blind Spot Detection (BSD)
- 9.2.4. Lane Departure Warning Systems (LDWS)
- 9.2.5. Autonomous Emergency Braking (AEB)
- 9.2.6. Others
- Chapter 10. Global Automotive Radar Market Size & Forecasts by Region 2024-2034
- 10.1. North America Automotive Radar Market
- 10.1.1. U.S. Automotive Radar Market
- 10.1.1.1. Range Breakdown Size & Forecasts, 2024-2034
- 10.1.1.2. Vehicle Type Breakdown Size & Forecasts, 2024-2034
- 10.1.1.3. Frequency Breakdown Size & Forecasts, 2024-2034
- 10.1.1.4. Propulsion Breakdown Size & Forecasts, 2024-2034
- 10.1.1.5. Application Breakdown Size & Forecasts, 2024-2034
- 10.1.2. Canada Automotive Radar Market
- 10.1.2.1. Range Breakdown Size & Forecasts, 2024-2034
- 10.1.2.2. Vehicle Type Breakdown Size & Forecasts, 2024-2034
- 10.1.2.3. Frequency Breakdown Size & Forecasts, 2024-2034
- 10.1.2.4. Propulsion Breakdown Size & Forecasts, 2024-2034
- 10.1.2.5. Application Breakdown Size & Forecasts, 2024-2034
- 10.2. Europe Automotive Radar Market
- 10.2.1. UK Automotive Radar Market
- 10.2.2. Germany Automotive Radar Market
- 10.2.3. France Automotive Radar Market
- 10.2.4. Spain Automotive Radar Market
- 10.2.5. Italy Automotive Radar Market
- 10.2.6. Rest of Europe Automotive Radar Market
- 10.3. Asia-Pacific Automotive Radar Market
- 10.3.1. China Automotive Radar Market
- 10.3.2. India Automotive Radar Market
- 10.3.3. Japan Automotive Radar Market
- 10.3.4. Australia Automotive Radar Market
- 10.3.5. South Korea Automotive Radar Market
- 10.3.6. Rest of Asia Pacific Automotive Radar Market
- 10.4. Latin America Automotive Radar Market
- 10.4.1. Brazil Automotive Radar Market
- 10.4.2. Mexico Automotive Radar Market
- 10.4.3. Rest of Latin America Automotive Radar Market
- 10.5. Middle East & Africa Automotive Radar Market
- 10.5.1. Saudi Arabia Automotive Radar Market
- 10.5.2. South Africa Automotive Radar Market
- 10.5.3. Rest of Middle East & Africa Automotive Radar Market
- Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Robert Bosch GmbH
- 11.1.2. Continental AG
- 11.1.3. Denso Corporation
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Robert Bosch GmbH
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Market Strategies
- 11.3.2. Continental AG
- 11.3.3. Denso Corporation
- 11.3.4. Aptiv PLC
- 11.3.5. Veoneer, Inc.
- 11.3.6. NXP Semiconductors
- 11.3.7. Infineon Technologies AG
- 11.3.8. Hella KGaA Hueck & Co.
- 11.3.9. ZF Friedrichshafen AG
- 11.3.10. Texas Instruments Inc.
- 11.3.11. Valeo
- 11.3.12. Analog Devices, Inc.
- 11.3.13. Mitsubishi Electric Corporation
- 11.3.14. Magna International Inc.
- 11.3.15. Autoliv, Inc.
- Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
Pricing
Currency Rates
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