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Radar sensor market landscape and its gowth prospects in the coming years revealed

Radar sensor market landscape and its gowth prospects in the coming years revealed

The global radar sensor market is expected to grow at a CAGR of 8.2% from 2017 to 2025. The market is segmented into imaging radar and non-imaging radar.

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Radar sensors transmit radiations at radio frequency and use the intercepted return to derive the properties of the earths surface. Radar sensors provide very unique advantages in varied applications in automotive, aerospace & defense, industrial, security & surveillance, traffic monitoring & management, environmental & weather monitoring, medical, healthcare, agricultural sectors, and applications in construction machines and smart electronic devices.

The global radar sensor market is expected to grow at a CAGR of 8.2% from 2017 to 2025.

Based on product type, the market is segmented into imaging radar and non-imaging radar.

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Based on technology, the market is classified into time domain reflectometry, ultra-wideband, and others. On the basis of application, the market is segmented as automotive, aerospace & defense, industrial, security & surveillance, traffic monitoring & management, environmental & weather monitoring, and others.

Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

  • Increase in benefits compared to other remote sensing technologies.
  • Increase in adoption for various applications.
  • Comfort, safety & assistance features offered by the usage of radar sensors.

Restraints:

  • Requires specialized training for analysis of images.

Market Players:

The top players in the global radar sensor market include Infineon Technologies AG, NXP Semiconductors N.V., HELLA KGaA Hueck & Co., Hitachi Ltd., Fujitsu Ten Limited, Robert Bosch GmbH, Continental AG, Denso Corporation, Raytheon Company, and Northrop Grumman Corporation.

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MARKET LANDSCAPE

By Product Type

  • Imaging Radar
  • Non-imaging Radar

By Technology

  • Time Domain Reflectometry
  • Ultra-Wideband
  • Others

By Application

  • Automotive
  • Aerospace & Defense
  • Industrial
  • Security & Surveillance
  • Traffic Monitoring & Management
  • Environmental & Weather Monitoring
  • Others

By Geography

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

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