Automotive Radar Sensors Market 2020-2024 | Availability of High-frequency Radar Sensors to Boost Growth | Technavio

Technavio has been monitoring the automotive radar sensors market and it is poised to grow by USD 4.45 bn during 2020-2024, progressing at a CAGR of about 16% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

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Technavio has announced its latest market research report titled Global Automotive Radar Sensors Market 2020-2024 (Graphic: Business Wire)

Availability of high-frequency radar sensors has been instrumental in driving the growth of the market. However, reducing price of lidar may hinder the sustainability of automotive radar sensors might hamper market growth.

Automotive Radar Sensors Market 2020-2024: Segmentation

Automotive Radar Sensors Market is segmented as below:

Application

• FCW
• AEBS
• ACC
• Others

Geographic segmentation

• APAC
• Europe
• MEA
• North America
• South America

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Automotive Radar Sensors Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive radar sensors market report covers the following areas:

• Automotive Radar Sensors Market Size
• Automotive Radar Sensors Market Trends
• Automotive Radar Sensors Market Industry Analysis

This study identifies growing emergence of intelligent transportation as one of the prime reasons driving the automotive radar sensors market growth during the next few years.

Automotive Radar Sensors Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automotive radar sensors market, including some of the vendors such as Ainstein Inc., Continental AG, DENSO Corp., Infineon Technologies AG, InnoSenT GmbH, NXP Semiconductors NV, Robert Bosch GmbH, s.m.s, smart microwave sensors GmbH, Veoneer Inc. and ZF Friedrichshafen AG. Backed with competitive intelligence and benchmarking, our research reports on the automotive radar sensors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive Radar Sensors Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist automotive radar sensors market growth during the next five years
• Estimation of the automotive radar sensors market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive radar sensors market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive radar sensors market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Customer landscape

• Overview

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Ainstein Inc.
• Continental AG
• DENSO Corp.
• Infineon Technologies AG
• InnoSenT GmbH
• NXP Semiconductors NV
• Robert Bosch GmbH
• s.m.s, smart microwave sensors GmbH
• Veoneer Inc.
• ZF Friedrichshafen AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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