Automotive Radar Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
Automotive radar system is one of the key components of advanced driving assistance systems which are developed for automating and enhancing vehicle systems for better driving and safety. Automotive radar systems are used for the timely identification of possible adverse situations, comprising identifying susceptible road user, detecting collision, averting accidents and checking sightless spot revealing. Automotive radar sensors note crucial information such as doppler velocity, range and angle. The information is then used by the radar system for determining the driving situation and warn the driver in case of need. The global automotive radar market is being strongly driven by the increasing concerns and awareness related to driver, passenger, pedestrian and vehicle safety coupled with the growing involvement of the key players across the ecosystem. Increasing safety awareness among customers is propelling the growth of the market. In order to avert car smashes, in 2015, the U.S. National Highway Traffic Safety Administration announced the mandatory fitting of automatic emergency braking systems in the cars launching with the model year 2018. Further, increasing inclination towards autonomous vehicles is also contributing to the global market growth of automotive Human Machine Interfaces. Obtain Report Details @ http://www.transparencymarketresearch.com/automotive-radar-market.html The global automotive radar market can be segmented on the basis of range type, application, vehicle type and region. Based on range type the global market can be segmented into short & medium range radar and long range Human Machine Interface. Short & medium range radar is anticipated to hold a larger share of the market during the forecast period as these have more applications in several driver assistance systems including intelligent parking assist, blind spot detection and cross traffic alert. By application, the automotive radar market can be segregated into adaptive cruise control, blind spot detection, forward collision warning system, lane departure warning system, autonomous emergency braking and intelligent parking assistance.