A radar sensor is an electronic device that identifies the position and velocity of a distant object such as a vehicle, aircraft, or ship. Radar sensors identify electromagnetic emissions with the help of radio receivers. When the transmission is detected, the person in the vehicle is informed. Currently, the GPS technology is installed into radar sensors, and it aids the storage of locations indicated by the sensor when the user reaches their destination in addition to detecting objects, the radar sensors provide information such as range, speed, direction, and Doppler velocity.
North America is expected to hold the largest share of the radar sensor market in 2023; the market in APAC is expected to grow at a high rate between 2020 and 2023. The increased focus on safety and security features in the automobile sector in China, India, and Japan is the major factor driving the growth of the radar sensor market in APAC.
The global Radar Sensor market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.
This report studies the Radar Sensor market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Radar Sensor in these regions, from 2017 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
HELLA KGaA Hueck & Co.
Saffron Electronics & Defense
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Aerospace and Defense
Security and Surveillance
Traffic Monitoring and Management
Environmental and Weather Monitoring
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Radar Sensor market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
To understand the structure of Radar Sensor market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Radar Sensor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Radar Sensor with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Radar Sensor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Radar Sensor are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Radar Sensor market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Radar Sensor market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.