Global Radar Sensors Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of Over 20% -

The "Global Radar Sensors Market - Segmented by Type (Imaging, Non-Imaging Radar), Range, End-User, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to's offering.

The global radar sensors market was valued at US$7.14 billion in 2017 and is expected to reach US$21.36 billion by 2023, registering a CAGR of 20.04% during 2018-2023.

With increasing security threats, trailing and observing activities within and outside countries is expected to increase. With this, the number of radars and radar sensors used by a country is also expected to increase. The usage of radar sensors in drones is increasing rapidly. Nearly all the developed countries are using LiDAR drones with radar technology as a defense system, and emerging economies are expected to adopt this system.

Nearly all countries undertake continuous tracking and monitoring, at the national border and within the country, which is majorly done by non-imaging radars. Developing countries are expected to employ more of these to increase security. As non-imaging radar sensors are present in autonomous cars, with the increase in the number of autonomous cars, the usage of non-imaging radars is also expected to increase.

In autonomous cars, being able to monitor the distance to a vehicle ahead, behind or to the side provides vital data for the central controller. Without the input of a driver, autonomous vehicles require many more sensor systems, often using multiple inputs from different sensors to provide a much higher level of assurance.

Companies Mentioned

  • Autoliv Inc.
  • Continental AG
  • Delphi Automotive LLP
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Infineon Technologies AG
  • Lockheed Martin Corporation
  • NXP Semiconductors N.V.
  • Robert Bosch GmbH
  • Smart Microwave Sensors GmbH

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future of the Market

9. Disclaimer

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