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Automotive Radar Applications Market 2018
Automotive Radar Applications Industry Market Share, Size, Trends, And Business Opportunity
Analysis Report 2018 include historic data, with forecast data to 2022. Automotive Radar
Applications Industry Market report is helpful for future strategy development, and to know
about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends,
key players forecast to 2022.
Global Automotive Radar Applications Industry Market Information Report by
application (Parking Assistance, Forward Collision Warning System, Adaptive Cruise Control,
Lane Departure Warning System, and Bling Spot Detection), By Frequency (24 GHz, 77 GHz, and
79 GHz), By Technology (LiDAR, Millimeter Wave Radar, Camera, and Ultrasonic Radar) and By
Region - Global Forecast To 2022.
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Market Scenario of Global Automotive Radar Applications
The automotive radars are devices used in advanced cruise control systems to direct a vehicle’s
accelerator and braking systems. It also helps maintain a distance between two vehicles. The
radar sensors take note of vital information, such as doppler velocity, range and angle. This
information is used to determine the driving situation and intimate the driver of potentially
dangerous events ahead.
The major drivers for automotive radar application industry market are increase in awareness
about the driving safety among the end consumers and various government initiatives to
reduce the road accidents.
Regional Analysis
Europe accounts for the largest share of 35.98% in the global automotive radar applications
market in 2015. Europe is one of the major revenue generator as well as producer of
automotive radar however, for the manufacturer there will be an extreme opportunity to invest
or increase the production capacity. It is followed by North America which accounts for 26.16%
for the market share.
The Key Players in The Global Automotive Radar Applications Market Are:
Robert Bosch GMBH (Germany), Panasonic Corporation (Japan), Valeo (France), Continental AG
(Germany), TRW Automotive (U.S.), Hella KGAA Hueck & Co. (Germany), Delphi (U.K.), Sabertek
(U.S.), Denso (Japan), Fujitsu Ten Ltd (U.S.).