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Global Radar Sensors Market 2019-2023

Global Radar Sensors Market 2019-2023

About this market

The growing adoption of radar sensors in several applications will drive the market growth in the forthcoming years. Owing to the adoption of radar sensors in logistics, traffic management, industrial, automotive, and smart home applications, the need for radar sensors is likely to surge considerably in the forthcoming years. Increasing penetration of smart homes will further result in an increasing adoption of smart devices integrated with radar sensors, thus, driving the market growth. Technavio’s analysts have predicted that the radar sensors market will register a CAGR of nearly 18% by 2023.

Market Overview

Growing adoption of radar sensors in several applications

One of the growth drivers of the global radar sensors market is the growing adoption of radar sensors in several applications. The adoption of radar sensors in logistics, traffic management industrial, automotive, and smartphone application is increasing, which will drive the growth of the market.

Growing adoption of LiDAR sensors

One of the challenges in the growth of the global radar sensors market is the growing adoption of LiDAR sensors. This is due to their low price when compared with radar sensors, which is affecting the sales of radar sensors and hinder the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the radar sensors market during 019-2023, view our report.

Competitive Landscape

The market appears to be concentrated and with the presence of a few market players. OEMs in the market are collaborating with automotive camera manufacturers to incorporate cameras and radar sensors into a single module in a vehicle, which will result in the integration of sensor fusion technologies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Radar Sensors Market 2019-2023

Technavio recognizes the following companies as the key players in the global radar sensors market: Continental AG, Infineon Technologies AG, NXP Semiconductors, Robert Bosch GmbH, and ZF Friedrichshafen AG.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing adoption of sensor fusion technology.”

According to the report, one of the major drivers for this market is the growing adoption of radar sensors in several applications.

Further, the report states that one of the major factors hindering the growth of this market is the growing adoption of LiDAR sensors.

Companies Mentioned

Continental AG
Infineon Technologies AG
NXP Semiconductors
Robert Bosch GmbH
ZF Friedrichshafen AG

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global semiconductor market
      • Table Segments of global semiconductor market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ millions)
      • Table Regulatory initiatives encouraging airbag adoption
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Aerospace and defense - Market size and forecast 2018- 2023
      • Table Aerospace and defense - Market size and forecast 2018-2023 ($ millions)
      • Table Aerospace and defense - Year-over-year growth 2019-2023 (%)
    • Industrial - Market size and forecast 2018-2023
      • Table Industrial - Market size and forecast 2018-2023 ($ millions)
      • Table Industrial - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Non-imaging sensors - Market size and forecast 2018-2023
      • Table Non-imaging sensors - Market size and forecast 2018-2023 ($ millions)
      • Table Non-imaging sensors - Year-over-year growth 2019-2023 (%)
    • Imaging sensors - Market size and forecast 2018-2023
      • Table Imaging sensors - Market size and forecast 2018-2023 ($ millions)
      • Table Imaging sensors - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Sensor types and their application
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Emergence of high-resolution radar imaging sensor
    • Increasing investments in autonomous cars
    • Growing adoption of sensor fusion technology
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • Infineon Technologies AG
      • Table Infineon Technologies AG - Vendor overview
      • Table Infineon Technologies AG - Business segments
      • Table Infineon Technologies AG - Organizational developments
      • Table Infineon Technologies AG - Geographic focus
      • Table Infineon Technologies AG - Segment focus
      • Table Infineon Technologies AG - Key offerings
    • NXP Semiconductors
      • Table NXP Semiconductors - Vendor overview
      • Table NXP Semiconductors - Business segments
      • Table NXP Semiconductors - Organizational developments
      • Table NXP Semiconductors - Geographic focus
      • Table NXP Semiconductors - Segment focus
      • Table NXP Semiconductors - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Vendor overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Organizational developments
      • Table Robert Bosch GmbH - Geographic focus
      • Table Robert Bosch GmbH - Segment focus
      • Table Robert Bosch GmbH - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Vendor overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Organizational developments
      • Table ZF Friedrichshafen AG - Geographic focus
      • Table ZF Friedrichshafen AG - Segment focus
      • Table ZF Friedrichshafen AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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