Research Automotive Radar Market : Key Players, Growth, Ana | Page 6

Automotive Radar Market
Global Automotive Radar Market: Segmentation
The global automotive radar market can be segmented on the basis of type, frequency, technology,
application and regions. On the basis of frequency, the market can be segmented into 24 GHz system, 77
GHz system and 79 GHz system.
By type automotive cruise control (long-range radar) and anti-collision (short-range radar) are the
commonly known automotive radar systems. On the basis of application, the automotive radar market
can be segmented into forward collision warning system, lane departure warning system, parking
assistance, adaptive cruise control (ACC) and blind spot detection. On the basis of technology, the global
automotive radar market can be segmented into millimeter wave radar, ultrasonic radar, LiDAR (Light
Detection and Ranging) and camera.
Global Automotive Radar Market: Region Wise Outlook
On the basis of regions, Europe is expected to be the most promising region due to presence of giant
OEMs. Furthermore, the European Commission’s 79 GHz project to use short range radar equipment for
European countries, fueled penetration of automotive radar systems in the European market. As far as
adoption of these advanced gadgets is concerned, North America is expected to be the next big market.
Asia Pacific is projected to grow at a significant rate during the forecast period and unfold new
opportunities for the market. Low manufacturing cost together with increasing automotive sales is
expected to drive the growth of automotive radar market in Asia Pacific. Middle East & Africa is
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