ID: MRFR/A&D/2815-HCR | February 2021 | Region: Global | 100 pages
A radar sensor is an electronic device used to detect the position and velocity of an object located at a distance such as an aircraft, ship, or automobile. Radar sensors detect electromagnetic rays with the help of a receiver and provide the position and distance of the object. They offer reliable detection of any object that falls within the detection cones, which makes them the ideal solution for collision avoidance and driver assistance. However, the working efficiency of radar sensors drops with the increase in distance between the object and sensors. The radar sensor is growing exponentially due to the uses of frequency modulated continuous wave, which enables to detect different kinds of targets. These targets can either be moving or stationary such as cars, trains, trucks, and others. The radar sensors are ideal for collision detection, level gauging, anti-collision, surveillance, and security. This technology is widely being used in the North America region, for weather monitoring, security, and surveillance and other purposes. The prominent companies such as Raytheon Company, Northrop Grumman Corporation, Delphi Automotive LLP, Hitachi, Ltd, and Robert Bosch GmbH are the most significant contributors in the manufacturing of radar sensors. In 2017, Denso Corporation developed a 24-GHz band sub-millimeter-wave radar sensor and side radar sensors. It is used for enhancing vehicle safety systems. It enables the driver to identify and navigate other vehicles with the help of sensing direction and range of the sub-millimeter-wave radar sensor.
Segmentation of the Global Radar Sensors Market
Global Radar Sensors Market has been bifurcated into type, range, application, component, component, and region. Based on type, the market is segmented into imaging radar and non-imaging radar. Imaging radar was the largest segment in 2018, whereas the non-imaging radar segment is expected to register the highest CAGR during the forecast period. Based on the component, the market is segmented into antenna, duplexer, transmitter, receiver, video amplifier, and processor. The antenna was the largest segment in 2018 and is expected to be the fastest-growing segment by 2025. On the basis of application, the market has been divided into automotive, traffic monitoring, aerospace and defense, industrial, security and surveillance, weather monitoring, and others. Traffic monitoring was the largest segment in 2018, whereas the aerospace and defense segment is expected to register the highest CAGR during the forecast period. On the basis of the band, the market has been classified as HF, VHF, and HUF bands; L, S, C, and X bands; and Ku, K, Ka, V, & W bands. The HF, VHF, & HUF bands segment was the largest in 2018. The Ku, K, Ka, V, & W Bands segment is expected to register the highest CAGR during the forecast period. The regional analysis of radar sensors market is being studied for the region, namely, Asia-Pacific, North America, Europe, and the rest of the world. North America is one of the leading regions across the world in terms of market share in radar sensors market. The radar sensors market in Europe region is expected to witness rapid growth in the forthcoming period due to the significant companies Sick AG (Germany), Robert Bosch GmbH (Germany), Continental AG (Germany), and ZF Friedrichshafen AG (Germany) are continuously introducing new radar sensors in the market.
The key players in the global voyage data recorder market are Robert Bosch GmbH (Germany), Lockheed Martin Corporation (US), Raytheon Company (US), Saab AB (Sweden), Northrop Grumman Corporation (US) Delphi Automotive LLP (UK), Hitachi, Ltd (Japan), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), Infineon Technologies AG (Germany), NXP Semiconductors NV (Netherlands), Omniradar BV (Netherlands), and Airbus Group (Netherlands)
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
MRFR offers report customization to valued customers. Below are the options available for customization:
In-depth profiling of additional market players (3 to 4 companies)
Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)
Frequently Asked Questions (FAQ) :
The primary band types in the Radar Sensors Market include HF, VHF, and HUF Bands; L, S, C, and X Bands; and Ku, K, Ka, V, and W Bands.
The market size is expanding at a promising rate as a result of the rising uptake of frequency modulated continuous wave that detects various kinds of targets. The technology’s increasing use in North America, for weather monitoring, security, and surveillance and other purposes also benefit the market.
Some of the eminent companies in the market are Raytheon Company, Northrop Grumman Corporation, Delphi Automotive LLP, Hitachi, Ltd, and Robert Bosch GmbH and more.
The key types of radar sensors in the global Radar Sensors Market are imaging radar and non-imaging radar.
The main application areas covered in the report are automotive, traffic monitoring, aerospace and defense, industrial, security and surveillance, weather monitoring, and more.