Report Description

Global Automotive Radar Market By Vehicle Type (PC, LCV and M&HCV), By Application (ACC, FCWS, BSD, LDWS and PA), By Region (North America, Europe & CIS, APAC, MEA and South Africa), Competition Forecast & Opportunities, 2016 – 2022

  • Publish Date:July, 2017
  • Format : PDF
  • Pages : 220
  • Industry : Automotive

Global automotive radar market stood at $ 2.25 billion in 2016, and is projected to exhibit a CAGR of around 23%, in value terms, to reach $ 7.32 billion by 2022, on account of growing demand for autonomous vehicles and strict government regulations mandating inclusion of more automobile safety features. Over the last few years, various vehicle OEMs have been working on the concept of fully autonomous passenger cars, and most OEMs believe that the commercial launch of these cars will be determined by the policy and regulatory framework apart from completion of technology inventions. The launch of these cars is expected to further boost demand for automotive radars, globally, during the forecast period.

Years considered for this report:

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017–2022

Objective of the Study:

  • To describe, examine and forecast market size of global automotive radar market, in terms of value.
  • To classify and forecast global automotive radar market on the basis of vehicle type, application and region.
  • To determine and forecast the market size, in terms of value, by segmenting the global market into five regions – Asia-Pacific, Europe & CIS countries, South America, North America, and Middle East & Africa.
  • To evaluate demand for automotive radar in various industry verticals like passenger cars, light commercial vehicles, and medium & heavy commercial vehicles.
  • To identify drivers and challenges in global automotive radar market.
  • To identify market trends and developments for global automotive radar market.
  • To evaluate the average selling price for global automotive radars.
  • To identify and strategically profile the leading players operating in the global automotive radar market.

 

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Some of the major companies operating in global automotive radar market are Infineon Technologies AG, STMicroelectronics, Inc., NXP Semiconductors N.V., ZF TRW Automotive Holdings Corp., Valeo, Inc., Texas Instruments Incorporated, Robert Bosch GmbH, Hella Electronics Corporation, Fujitsu Ten Limited, and others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of automotive radar manufacturers and suppliers operating in different regions and countries. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers, which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major automotive radar suppliers across the globe.

TechSci Research calculated the market size for global automotive radar market using a bottom-up technique, wherein manufacturers’ value sales data for different applications (Adaptive Cruise Control, Forward Collision Warning System, Blind Spot Detection, Lane Departure Collision Warning System, and Parking Assistance) were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated by analyzing historical sales data of respective manufacturers to arrive at the overall market size. Databases and multiple secondary sources such as U.S. Department of Transportation, National Highway Traffic Safety Administration (NHTSA), OICA, IEEE, company websites, company annual reports and financial reports were also used by TechSci Research.


Key Target Audience:

  • Automotive radar manufacturers
  • ADAS system manufacturers
  • Associations, organizations, forums and alliances related to automotive radars
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive radar manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global automotive radar market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicles
    • Medium & Heavy Commercial Vehicles
  • Market, by Application:
    • Adaptive Cruise Control
    • Forward Collision Warning System
    • Blind Spot Detection
    • Lane Departure Collision Warning System
    • Parking Assistance
  •           Market, by Geography:
    • Asia-Pacific
      • China
      • South Korea
      • India
      • Japan
      • Australia
      • Rest of APAC
    • Europe & CIS Countries
      • Germany
      • France
      • United Kingdom
      • Turkey
      • Russia
      • Italy
      • Rest of Europe
    • North America
      • United States
      • Canada
      • Mexico
    • Middle East & Africa
      • Iran
      • Egypt
      • Morocco
      • South Africa
      • Rest of MEA
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America

Competitive Landscape: Benchmarking of leading 14 players on the basis of product portfolio, etc.

Company Profiles: Detailed analysis of the major companies operating in global automotive radar market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

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