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Radar Sensor Market Share

Report ID: GMI3349
Published Date: Jul 2023
Report Format: PDF

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Radar Sensor Market Share

The prominent companies in the worldwide radar sensor market are;

Acconeer
AMG Microwave
Banner Engineering Corp.
Continental AG
Denso Corporation
Hunan Nanoradar Science and Technology Co.Ltd.,
Baumer AG
Infineon Technologies A,
KaikuTek
Analog Devices
MediaTek
Ainstein
Navtech Radar
HELLA GmbH & Co. KGaA, and NOVELIC.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for radar sensor was worth more than USD 13 billion in 2022 and is expected record over 15% CAGR through 2032, on account of rising integration of autonomous technology in automotive sector.

The radar sensor size from medium-range segment is projected to reach more that USD 30 billion by 2032, attributed to the extensive utilization mid-range sensors in automotive radar applications.

Asia Pacific dominated the global radar sensor industry with a remuneration of more than 5 billion in 2022 and is slated to showcase a y-o-y growth rate of over 18.5% during 2023 and 2032. The regional growth is fueled by the increasing adoption of electric vehicles (EVs) in China.

Acconeer, AMG Microwave, Banner Engineering Corp., Continental AG, Denso Corporation, Hunan Nanoradar Science and Technology Co., Ltd., Baumer AG, Infineon Technologies A, KaikuTek Inc, Analog Devices, Inc., MediaTek Inc., Ainstein, Inc., Navtech Radar, HELLA GmbH & Co. KGaA, and NOVELIC.