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Automotive RADAR market expected to grow at a CAGR of +20% through 2023

Automotive and Transportation Market Research

The Automotive RADAR Market is expected to reach USD +12 billion by 2025, growing at a CAGR of +20 %.

Research N Reports has pronounced the addition of a new statistical surveying report, titled “Global Automotive RADAR Market Size, Industry Drifts, Trades, Supply, Demand, Analysis, and Forecast 2018-2026”. The major factors driving the growth of the automotive RADAR market are rising concerns pertaining to vehicle, driver, passenger and, pedestrian safety along with increased involvement of players across the ecosystem.

The short & medium range RADAR segment is estimated to have the largest market share, owing to the more applications in various driver assistance systems such as blind spot detection, cross traffic alert, and intelligent park assist. The application of these safety features requires at least two RADAR sensors.

The demand for these safety features is growing due to the factors such as rising government regulations for vehicle safety and increase in adoption of automotive RADAR based ADAS technology by OEMs.

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In order to appreciate how the Automotive RADAR market increased its ranking in the global market, wide-ranging research is conducted. Information gathered is from reliable sources, all of them are appropriate and cross-referenced to guarantee that the results are legitimate and well supported.

Exhaustive interviews were conducted with foremost suppliers of the market, decision-making, market experts, counselors and trend analysts. This is related to the wide-ranging use of consistent secondary sources like company databanks and handbooks.

Adaptive cruise control incorporates long range radar sensor and is an advanced version of cruise control. In many countries, long range radar based on 7X-GHz frequency band was initially banned.

However, due to the increased safety concerns, these are now available in all the major markets. As the basic cruise control feature is already present in most of the mid-priced and luxury vehicles, the market for ACC is further expected to grow at a higher rate.

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Analysts likewise reflected every factor that could be used to recognize drivers, limitations, opportunities, and threats of the Global Automotive RADAR Market. Some of these impacts incorporate annual revenue, key sections, production capacity and new products.

Industry standards are likewise archived for advertise investigation. This is combined with understanding business practices of the market, legislative essence in the business, classifying leverage of Automotive RADAR market globally, checking on commercial terms and conditions and analyzing market subjects and trends.

The report offers a multi-step view of the Global Automotive RADAR Market. The first approach focuses on an impression of the market.

This passage includes several arrangements, definitions, the chain assembly of the industry in one piece, and the various uses for the global market. This section also incorporates a wide-ranging study of the different development plans and government policies that impact the market, its cost assemblies, and manufacturing processes.

Table of Content:

Chapter 1 Automotive RADAR Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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