Global Automotive Radar Sensors Market Driven by Rising Demand for Autonomous Cars

Published On : 01 Nov 2016 announces the addition of a new market research study to its growing market intelligence repository. The new report studies the global automotive radar sensors market in detail and presents comprehensive forecasts regarding the market’s growth trajectory in the coming years. The report, titled ‘Global Automotive RADAR Sensors Market Research Report 2016,’ is available for sale on the official website of 

Automotive radar sensors have taken on a crucial role in the automotive industry in recent years thanks mainly to the steady development of the autonomous cars sector. Autonomous cars need to employ state-of-the-art positional sensing technologies to ensure they stay on their path, making radar technology absolutely essential for the automotive industry. Apart from autonomous cars, the use of position awareness technologies are also increasingly being used in conventional cars due to the immense boost they provide to the driver in terms of security. This is likely to remain a key driver for the global automotive radar sensors market in the coming years.

The rising disposable income of consumers in emerging economies and the steady technological innovation observed in the automotive sector are also key drivers for the global automotive radar sensors market. The use of advanced radar systems requires the use of other modern electronics compatible with the radar system by every parameter; the rapid progress of driver aid technologies is thus likely to fuel the automotive radar sensors market in the coming years.

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Regionally, the report examines the performance of the automotive radar sensors market in Europe, China, Japan, India, Southeast Asia, and North America. The development of the respective regional market in the 2011-2016 study period is analyzed in the report, following which forecasts are presented for the market’s growth till 2021. 

The various regional automotive radar sensors markets are studied in the report with respect to various parameters such as production volume, revenue, profit margin, export-import figures, and local consumption. Detailed 2011-2016 data regarding these aspects is provided in the report for each regional market for automotive radar sensors, followed by 2016-2021 forecasts. This helps provide readers with a complete view of the global automotive radar sensors market’s trajectory.

The multiple product types in the global automotive radar sensors market and their various applications are also studied in the report. This helps provide a clear overview of the leading segments of the automotive radar sensors market and the hierarchy thereof, giving readers actionable insights into which category to invest in.

The report also takes a close look at the competitive landscape of the global automotive radar sensors market by profiling leading companies operating in the market. Key companies examined in the report include Asahi Kasei Corporation, Continental AG, Analog Devices Inc., Denso Corporation, Delphi Automotive Systems LLC, NXP Semiconductors NV, STMicroelectronics SA, Robert Bosch GmbH, Infineon Technologies AG, Continental AG, and Autoliv Inc. 



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