Westford, USA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest, the applications of radar sensor market are experiencing a rapid diversification and their commercialization is gaining momentum owing to significant advancements in digital and RF/microwave technologies. The traditional applications of radar sensors in defence and surveillance have expanded to include automotive radar for driver assistance systems and biomedical radar for imaging, monitoring and treatment purposes.
Browse in-depth TOC on "Radar Sensor Market"
- Pages - 157
- Tables - 158
- Figures – 78
Get a sample copy of this report:
https://www.skyquestt.com/sample-request/radar-sensor-market
Radar sensors play a crucial role as conversion devices, enabling the conversion of microwave echo signals into electrical signals. Using wireless sensing technology, radar sensors can detect motion and provide valuable information about an object's position, shape, characteristics and trajectory. One of the key advantages of radar sensor market is their ability to operate independently of light conditions, making them highly reliable in various environments.
Prominent Players in Radar Sensor Market
- Continental AG
- Denso Corporation
- NXP Semiconductors N.V.
- Infineon Technologies AG
- Texas Instruments Inc.
- Analog Devices, Inc.
- Rohm Semiconductor
- STMicroelectronics N.V.
- ZF Friedrichshafen AG
- HELLA GmbH & Co. KGaA
- Robert Bosch GmbH
- Autoliv Inc.
- Delphi Technologies
- Valeo SA
- Panasonic Corporation
- Mitsubishi Electric Corporation
- TE Connectivity Ltd.
- Murata Manufacturing Co., Ltd.
- SICK AG
- Kongsberg Gruppen AS
Mid-Range Radar Segment is Expected to Dominating the Market Due to Rising Automotive Applications
The mid-range radar segment is anticipated to exhibit the radar sensor market's highest CAGR. These radar sensors are predominantly utilized in various automotive applications, including adaptive cruise control and long-range object detection. They also find applications in aerospace and defence for ground proximity identification and industrial sectors such as constructional machine zones and collision protection.
Browse summary of the report and Complete Table of Contents (ToC):
https://www.skyquestt.com/report/radar-sensor-market
The markets in North America are projected to hold a substantial share of the radar sensor market during the forecast period. This can be primarily attributed to the region's continuous investments in supporting technological advancements. The United States, in particular, is a crucial hub for research and development activities, fostering innovation and driving the growth of the radar sensors market.
Continuous Wave (CW) Radar Segment is Expected to Grow in the Market Due to its Wide Application Adoption
The continuous wave (CW) radar segment holds a significant market share in the radar sensor market due to its wide application adoption. One notable area where CW radar is increasingly utilized is in proximity sensor systems, where it enables accurate detection and measurement of objects in close range. Additionally, CW radar finds applications in sports accessories that require a long-range operation, such as tracking devices for outdoor activities such as hiking or cycling.
Regional markets in Asia Pacific region held a substantial share of over 40% in the radar sensor market. This growth can be attributed to the increasing adoption of industrial automation and robots in the manufacturing sectors of countries like China, Japan and South Korea. These countries are witnessing a significant surge in implementing advanced technologies to improve manufacturing efficiency and productivity.
A comprehensive analysis of the major players in the radar sensor market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
Speak to Analyst for your custom requirements:
https://www.skyquestt.com/speak-with-analyst/radar-sensor-market
Key Developments in Radar Sensor Market
- Swedish tech company Gapwaves and global automotive supplier Bosch announced their partnership in 2022. This partnership aims to jointly develop and produce high-resolution radar antennas for automotive vehicle applications on a large scale. Gapwaves, renowned for its expertise in antenna technology, will bring its extensive know-how to the table.
- Infineon Technologies significantly developed in 2022 with the launch of their XENSIV 60 GHz automotive radar sensor, known as BGT60ATR24C. These radar sensors are designed explicitly for in-cabin monitoring systems (ICMS), which can detect micro-movements and vital signs of individuals left behind in a vehicle, subsequently sounding an alarm to prevent accidents or potential harm.
Key Questions Answered in Radar Sensor Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market's future growth?
Related Reports in SkyQuest’s Library:
Global Automotive Drivetrain Market
Global Air Brake System Market
Global Automotive Wiring Harness Market
Global Automotive Actuators Market
Global Automotive Fuel Tank Market
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com
