Radar Sensor Market

Radar Sensor Market

Radar Sensor Market By Product Type (Imaging, Non-imaging) By Application Type (Automotive, Aerospace and Defence, Industrial, Environment and Weather Monitoring, and Traffic Monitoring and Others), By Range (Short range, Medium and Long range) and By Geography – Opportunities and forecast, 2020-2027

GMI Research

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The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the Radar sensor Market: • Infineon Technologies AG (Germany) • NXP Semiconductors N.V. (Netherlands) • Hitachi Ltd. (Japan) • Robert Bosch GmbH (Germany) • Continental AG (Germany) • Denso Corporation (Japan) • Delphi Automotive LLP (UK) • Airbus Group (Netherlands) • Lockheed Martin Corporation (US) • Raytheon Company (US) • Saab AB (Sweden) • Northrop Grumman Corporation (US).

Drivers of the Radar sensor Market: The key factors surging the growth of the radar sensor market include the political instability present worldwide, owing to which there has been an upsurge in terrorist activities. These factors have created growing demand from the defense sector to replace obsolete radar technology. The growth in spending in the defense sector, particularly in developing countries, and growing trend of emergence of driverless cars, which uses functions like blind spot detection, adaptive cruise control, lane change assist, etc., with the help of the radar, will propel the market growth. It is applicable in the healthcare sector as it can be employed to detect diseases, heartbeat, etc.

Automation in the agricultural sector is regarding radar technology. Radar sensors are 2

very useful in navigation and for exploration in the marine industry. These factors are further fuelling the market growth. On the other hand, the factors hindering the growth in this market are high developed costs regarding the implementation and maintenance of the radar sensors.

Segmentation of the Radar sensor Market:

By Product type: • Imaging • Non-imaging

By Application: • Automotive • Aerospace and Defence • Industrial • Environment and Weather Monitoring • Traffic Monitoring • Others

By Range Type: • Short range • Medium Range • Long range

By Region: • North America o United States of America o Canada • Asia Pacific o China o Japan o India o Rest of APAC • Europe o United Kingdom o Germany 3

o o o • RoW o o o o o

France Spain Rest of Europe Brazil South Africa Saudi Arabia UAE Rest of the world (remaining countries of the LAMEA region)

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