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Report
Radar Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 138 Pages I IMARC Group
The global radar sensors market size reached US$ 15.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.8 Billion by 2028, exhibiting a growth rate (CAGR) of 18.45% during 2022-2028.
A radio detection and ranging system (RADAR) sensor is an electronic device used for sensing electromagnetic emissions from objects, such as aircraft, marine vessels, two-wheelers and automobiles. Radar sensors are commonly available in speed gauge, altimeter, pulse, continuous wave (CW), imaging and non-imaging variants. They intercept the reflected radio waves through an antenna and processes the signals to provide insights. These sensors are also embedded with global positioning systems (GPS) to store information regarding the motion trajectory, location, size and characteristics of the objects. In comparison to the traditionally used optical and infrared (IR) sensing devices, radar sensors are wireless and can penetrate through dense mediums and insulators, detect distant objects and can function in adverse weather conditions.
Radar Sensors Market Trends:
Significant growth in the automotive industry across the globe, along with the increasing emphasis on passenger safety, is one of the key factors creating a positive outlook for the market. CW radar sensors are embedded in autonomous vehicles to detect stationary and moving objects in the path and are used for operating automatic emergency braking and collision avoidance systems of heavy commercial automobiles. Moreover, the increasing demand for effective target surveillance, interception, missile guidance, terrain tracking and navigation for military and defense applications is providing a thrust to the market growth. In line with this, radar sensors also aid in airport intrusion detection, prison perimeter, oil depot and power grid security systems, which is favoring the growth of the market. Additionally, various technological advancements, such as the development of corner radar sensors for 360-degree and short-range surveillance and high-resolution tracking, are acting as other growth-inducing factors. These innovative variants provide enhanced target separation and object recognition under low visibility conditions. Other factors, including the advent of industry 5.0, along with the increasing requirement for radars in sports tracking solutions, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global radar sensors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, range and application.
Breakup by Type:
Imaging
Continuous Wave (CW) Radar
Pulse Radar
Others
Non-Imaging
Speed Gauge
Radar Altimeter
Breakup by Range:
Short Range
Medium Range
Long Range
Breakup by Application:
Automotive
Aerospace and Defense
Environment and Weather Monitoring
Traffic Management and Monitoring
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Continental AG, DENSO Corporation, Hitachi Ltd, Honeywell International Inc., Infineon Technologies AG, L3harris Technologies Inc., Lockheed Martin Corporation, NXP Semiconductors N.V, Raytheon Technologies Corporation, Robert Bosch GmbH, Saab AB, STMicroelectronics, Texas Instruments Incorporated and Thales Group.
Key Questions Answered in This Report:
How has the global radar sensors market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global radar sensors market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the range?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global radar sensors market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Radar Sensors Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Imaging
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Continuous Wave (CW) Radar
6.1.2.2 Pulse Radar
6.1.2.3 Others
6.1.3 Market Forecast
6.2 Non-Imaging
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Speed Gauge
6.2.2.2 Radar Altimeter
6.2.3 Market Forecast
7 Market Breakup by Range
7.1 Short Range
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Range
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Long Range
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace and Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Environment and Weather Monitoring
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Traffic Management and Monitoring
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Continental AG
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 DENSO Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Hitachi Ltd
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Honeywell International Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Infineon Technologies AG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 L3harris Technologies Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Lockheed Martin Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 NXP Semiconductors N.V
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Raytheon Technologies Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Robert Bosch GmbH
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 Saab AB
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 STMicroelectronics
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Texas Instruments Incorporated
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
14.3.14 Thales Group
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
Figure 1: Global: Radar Sensors Market: Major Drivers and Challenges
Figure 2: Global: Radar Sensors Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Radar Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Radar Sensors Market: Breakup by Type (in %), 2022
Figure 5: Global: Radar Sensors Market: Breakup by Range (in %), 2022
Figure 6: Global: Radar Sensors Market: Breakup by Application (in %), 2022
Figure 7: Global: Radar Sensors Market: Breakup by Region (in %), 2022
Figure 8: Global: Radar Sensors (Imaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Radar Sensors (Imaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Radar Sensors (Non-Imaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Radar Sensors (Non-Imaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Radar Sensors (Short Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Radar Sensors (Short Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Radar Sensors (Medium Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Radar Sensors (Medium Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Radar Sensors (Long Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Radar Sensors (Long Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Radar Sensors (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Radar Sensors (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Radar Sensors (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Radar Sensors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Radar Sensors (Environment and Weather Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Radar Sensors (Environment and Weather Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Radar Sensors (Traffic Management and Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Radar Sensors (Traffic Management and Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Radar Sensors (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Radar Sensors (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Radar Sensors Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Radar Sensors Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Radar Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Radar Sensors Industry: SWOT Analysis
Figure 78: Global: Radar Sensors Industry: Value Chain Analysis
Figure 79: Global: Radar Sensors Industry: Porter's Five Forces Analysis
Table 1: Global: Radar Sensors Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Radar Sensors Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Radar Sensors Market Forecast: Breakup by Range (in Million US$), 2023-2028
Table 4: Global: Radar Sensors Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Radar Sensors Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Radar Sensors Market: Competitive Structure
Table 7: Global: Radar Sensors Market: Key Players
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