automotive radar companies

Global Automotive Radar Market is a fragmented market with the presence of various global and regional players in the market. According to ‘Association for Safe International Road Travel’ (ASIRT), nearly 3,287 deaths per day are reported globally due to road accidents. In Canada, RADAR detectors are Illegal in Newfoundland and Labrador, Nova Scotia, Prince Edward Island, New Brunswick, Quebec, Ontario, Manitoba, Yukon, Northwest Territories, and Nunavut. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. Here are the top-8 companies that are inventive and resourceful enough to rule this market in 2018. One unit of 77-GHz RADAR sensor can be used for multiple safety feature such as adaptive cruise control (ACC), Headway alert, Forward Collision Warning (FCW), and mitigation and brake support. Furthermore, the European Commission’s 79 GHz project to use short range radar equipment for European countries, fueled penetration of automotive radar systems in the European market. Secondary sources include associations such as International Organization of Motor Vehicle Manufacturers (OICA), American Association of Motor Vehicle Administrators (AAMVA), Automotive Component Manufacturers Association of India (ACMA), and paid databases and directories such as Factiva and Bloomberg. 2X-GHz frequency bands are majorly being used for short range application. The analysis is projected based on various factors such as growth trends in vehicle production and regulations or mandates on implementation of radars that drive the radar application market for automative, among others. Published ON This Automotive Radar market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. To know about the assumptions considered for the study, The automotive RADAR market consists of various major system and chip manufacturers. Smaller devices with high operational frequency are being deployed so as to serve multiple applications. System designers require a scalable, streamlined and highly-integrated processing platform that strikes the optimal balance of compute agility and power efficiency for the next-generation of complete radar solutions. The blind spot detection market is estimated to account for the largest share, in terms of volume, of the automotive RADAR based ADAS applications, and is projected to grow at a good rate. In the U.S., the usage of RADAR detectors is legal in private vehicles under the Communications Act of 1934, but illegal for vehicles other than private. It is available at a low cost without any compromise in the high-end features. This analysis involves historical trends as well as existing penetrations by country as well as vehicle type. Middle East & Africa is anticipated to exhibit positive growth potential during the forecast period.The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The report also maps the qualitative impact of various market factors on market segments and geographies.Some of the key players identified in the global automotive radar market are as follows:In addition to up-to-date market figures and customized of the Automotive Radar Market, FMI offer Unit No: AU-01-H Gold Tower (AU),Plot No: JLT-PH1-I3A,Copyright © Future Market Insights. Companies such as Robert Bosch GmbH (Germany), HELLA KGaA (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Autoliv Inc. (Sweden), and Valeo S.A. (France) are the system manufacturers and companies such as Infineon Technologies AG (Germany), NXP Semiconductors N.V. (The Netherlands) are the chip manufacturers in this market.The automotive RADAR market size is projected to grow at the CAGR of 23.81% during the forecast period, to reach the USD 6.61 billion by 2021. These systems transmits electromagnetic (EM) waves at microwave frequency and gather information with the help of electronic control unit about the obstacles within the vicinity of the vehicle.As per the survey conducted by ‘Insurance Institute for Highway Safety’, one out of three lives can be saved by using radar system in the vehicle. Under Euro NCAP rating system also, these advance systems will help to get better rating if it is incorporated in the vehicle.The 7X-GHz RADAR sensor in the segment- by frequency band, is estimated to lead the global automotive radar market during the forecast period. Implementation of automotive radar systems in passenger and commercial vehicles started in early 90s, however owing to technological limitations, focus on further advancement slowed over the time. In ADAS, automotive radar is one of the several sensor systems for collision avoidance, pedestrian and cyclist detection, and complements vision-based camera-sensing systems. As per the latest Euro NCAP rating, the models which are having AEB along with other ADAS features such as ACC and FCW, will get better safety ratings. From NCAP and beyond, NXP provides a scalable, highly integrated, safe and secure family of complete radar solutions. Low manufacturing cost together with increasing automotive sales is expected to drive the growth of automotive radar market in Asia Pacific. The rapid development of automotive lidar sensors technology has great implications for the driverless vehicles market. On the basis of regions, Europe is expected to be the most promising region due to presence of giant OEMs. 7X-GHz RADAR sensors are used in adaptive cruise control, emergency braking system and collision avoidance system among others.

can generate robust growth opportunities in the market.Request the coronavirus impact analysis across industries and marketsNo doubt, automotive safety regulations which emphasizes, and even mandates use of such advance safety technology across regions is expected to drive the demand.

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