Automotive & Transportation Market Analysis Automotive Radar Market Research Report
Hexa Research
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Automotive Radar Market Analysis, Size, Share, Growth, Industry
Trends and Forecast to 2024 | Hexa Research
Global Automotive Radar Market is expected to achieve significant growth over the forecast
period on account of the advent of driverless vehicles as well as its flourishing utility in the
automotive safety and assembly industry. The total market size is expected to be worth more
than USD 5 billion by 2024.
Ever-increasing demand for automobile industry all over the world coupled with rising level of
customer expectations regarding safety and automation features are expected to be the prime
drivers for the industry. The advent of self-driven cars along with a shift in customer’s tastes and
preferences in favor of fully automated driver assistance system is further expected to propel
the market growth over the forecast period.
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