Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Radar Sensors Market

Market Insights
According to a new report by Market Research Future, the global automotive radar sensors market is
predicted to showcase 19.26 % CAGR over the assessment period (2017-2023) owing to the rise in number
of road accidents worldwide. Safety has evolved as the primary concern for the pedestrians and
passengers. As per the Insurance Institute for Highway Safety, one out of every three fatal crashes can be
avoided if vehicles are well equipped with collision avoidance systems.
Future Drivers and Constraints
Automotive radar sensors are used in several applications such as blind spot detection, forward collision
warning system, parking assistance, autonomous braking, adaptive headlights, lane departure warning,
and adaptive cruise control. Automakers worldwide have started to incorporate basic collision avoidance
system in their mass-market models. Due to the growing number of road accidents, the emphasis is on
improved road safety laws for making vehicles safe for driving purpose. This has resulted in the increased
consumption of advanced driver assistance system and demand for automotive radar sensors market.
Moreover, advanced technology in clean transportation and automobiles, government policies for driver
safety to reduce fatal accidents, and environmental concerns encourage the manufactures to
manufacture efficient and environment-friendly vehicles. This has led to the growth in the demand for
automotive radar sensors worldwide. The radar sensor is highly dependant on the growth of the
automotive industry. Thus, increase in the production of commercial and passenger vehicles with impact
the growth of radar sensors market.
Meanwhile, high cost associated with radar sensors and corresponding technology is one of the major
factors inhibiting the growth of the market over the assessment period.
Get Sample Report of Automotive Radar Sensors Market @
https://www.marketresearchfuture.com/sample_request/5860
Global Automotive Radar Sensors Market Segmentation
The global automotive radar sensors market has been segmented on the basis of application, range,
vehicle type, and region.
By mode of application, the global market for automotive radar sensors has been segmented into Lane
Change Assist (LCA), Adaptive Cruise Control (ACC), Forward Collision Warning System (FCWS),
Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), and others. Among these, the segment
for Adaptive Cruise Control is predicted to dominate the market over the forecast period as it allows
vehicles to adjust the vehicle speed and maintain a safe distance between two vehicles.
By mode of range, the global market for automotive radar sensors has been segmented into short,
medium, and long range. Among these, the segment for short-range radar sensors is predicted to
dominate the market owing to the extensive use of sensors in adaptive cruise control systems.
By mode of vehicle type, the global market for automotive radar sensors has been segmented into
passenger car and commercial vehicle.
North America to Hold the Largest Market Share