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