Radar Sensor Market - Top Companies and Manufacturers

  • Report ID: 4733
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Companies Dominating the Radar Sensor Landscape

    • Continental AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Delphi Automotive LLP
    • Infineon Technologies AG
    • NXP Semiconductors
    • Smart Microwave Sensors GmbH
    • Robert Bosch GmbH
    • Denso Corporation
    • Hella KGaA Hueck & Co
    • Autoliv Inc.
    • Lockheed Martin Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • The Global Safety Package, an active safety system created by DENSO Corporation, a top mobility supplier, is intended to increase vehicle safety by offering them great sensing capability of their surrounds. The Global Safety Package helps the driver operate the car securely by combining the capabilities of a millimeter-wave radar sensor and vision sensor. The vision sensor makes use of a camera to detect the surroundings in front of the car, while the millimeter-wave radar sensor makes use of a radar to detect the forms of road objects, such as vehicles and guardrails. The third iteration of the Global Safety Package was created by DENSO Corporation.
  • The market leader in automotive radar, NXP Semiconductors, has unveiled a full line of new radar sensor chipset solutions that could enclose vehicles in a 360-degree safety cocoon and allow imaging radar's identification and classification capabilities.

 


Author Credits:  Dhruv Bhatia


  • Report ID: 4733
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of radar sensor is estimated at USD 17.17 billion.

The radar sensor market size was valued at USD 15.47 billion in 2024 and is expected to cross USD 82.26 billion by the end of 2037, expanding at more than 13.6% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by rise in demand for agricultural crops, growing use of 5G technology in radar sensing, rising geriatric population, and others.

North America is projected to hold largest industry share by 2037, backed by significant military and defense capacities in the regon, along with advancement in technologies backed by presence of key suppliers and companies of radar sensors.

The major players in the market include Continental AG, Delphi Automotive LLP, Infineon Technologies AG, NXP Semiconductors, Smart Microwave Sensors GmbH, Robert Bosch GmbH, Denso Corporation, Hella KGaA Hueck & Co, Autoliv Inc., Lockheed Martin Corporation.
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