The global automotive radar market was valued at USD 5.21 Billion in 2023. The industry is expected to grow at a CAGR of 16.80% during the forecast period of 2024-2032. A major driver for the automotive radar market is the growing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles, which require radar technology for collision avoidance, adaptive cruise control, and safety features, thus aiding the market to attain a valuation of USD 21.08 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Automotive Radar Market Outlook
*this image is indicative*
Automotive radar market is growing significantly as there is an increased demand for advanced driver-assistance systems and the pace at which autonomous driving technologies are emerging. Radar systems contribute greatly to improving the safety aspect of vehicles, allowing adaptive cruise control, collision detection, and blind-spot monitoring, among other features. Radar technology is being extensively used in developing such systems because automobile manufacturers focus on strict safety standards and strive to provide improved driving experiences, thus boosting the growth of automotive radar market.
The rising consumer demand for safer, more convenient vehicles is a major driver for the market. Consumers increasingly seek cars equipped with ADAS features, such as automatic emergency braking, lane-keeping assistance, and parking sensors, which rely highly on radar technology. With this shift towards safety-conscious consumers, automakers are placing radar systems in a broader range of vehicle models - from budget-friendly cars to premium electric vehicles.
Also, the electric and autonomous vehicles are expanding the market with growing popularity. Consumers have begun embracing the promise of autonomous driving, which depends on radar, lidar, and cameras to provide real-time data and ensure vehicle safety. With increased awareness of these technologies, consumers continue to become more accepting of radar-equipped vehicles, leading to a demand for, and an increase in, innovation within the automotive radar market.
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The global drive for better road safety is encouraging the automotive radar ecosystem. Governments are implementing stringent safety regulations by enacting standards such as collision avoidance systems, adaptive cruise control, and emergency braking systems in new automobiles. This is limiting new vehicle manufacturers to invest in high-end technologies that could be implemented in the vehicle, thus impacting growth in the automotive radar market. It is for this reason that radar systems are being increasingly applied, primarily in boosting safety of vehicles, assisting in driving, and making possible self-driving features, thereby driving market growth.
Historically, this market faced hurdles in growth owing to higher cost of devices, low integration with other vehicle systems on board, and the complexity of ensuring reliable performance in different environmental conditions. A company like Continental overcame these issues through advancements in radar sensor technology and also improvement in cost efficiency while enhancing the reliability of the radar under various weather conditions-affecting the demand for automotive radar. Besides, attempts toward standardisation along with collaborations with car makers allowed radar to be included in advanced driver assistance systems much more comfortably and, therefore, was widely used and safe.
Automotive radar demand grows through autonomous driving, multi-mode systems, EV integration, and 5G connectivity.
The growing focus on fully autonomous vehicles propels automotive radar adoption. The functionality that radar technology offers to its users is distance measurement accuracy and obstacle detection for autonomous driving systems to take the right decision in real-time. Companies like Tesla and Waymo are relying upon radar for autopilot as well as autonomous navigation, and with further improvement of self-driving technology, more scope will be found, raising the demand for the automobile radar, thus augmenting the automotive radar demand growth.
Automotive manufacturers are embracing multi-mode radar systems that can handle short, medium, and long range simultaneously. The system supports features such as adaptive cruise control, blind-spot detection, and emergency braking. For instance, Bosch has created multi-mode radar solutions to advanced driver assistance. This development is minimizing the number of sensors required, making the car safer and more efficient.
The increasing demand for electric vehicles is driving the demand for automotive radar, as EV manufacturers have focused on advanced safety features. Companies such as Rivian and Lucid Motors integrate radar systems for collision prevention and driver assistance. As adoption increases, so will the emphasis of automakers on developing radar-based safety features, as this will help in product differentiation and attract more tech-savvy customers, thereby boosting the automotive radar market revenue.
The deployment of 5G technology facilitates faster communication between vehicles and infrastructure, which enhances the capabilities of radar systems. Connected cars rely on radar for the accurate real-time processing of data in vehicle-to-everything (V2X) communication. Automakers such as Audi and BMW are integrating radar with 5G networks, supporting applications like traffic management and predictive maintenance, driving radar adoption.
Increasing demand for premium vehicles, supported by improvements in road infrastructure and rising income, are bolstering the trends in the automotive radar market. Particularly for larger vehicles, automotive radar aids in increasing safety within the vehicle and also enhancing driver confidence in navigating rough terrain and heavy traffic. With the rising popularity of autonomous cars, the demand for automotive radars is expected to surge in the coming years. In automotive cars, the uses of multiple sensors that function in an integrated manner significantly aid in improving the safety and security of car driving. As automotive radar technology becomes more commonplace and costs reduce, increasing penetration is likely to be witnessed in emerging regions.
A new trend in the automotive radar market is adoption of imaging radar technology. Unlike traditional radar, imaging radar provides high-resolution, 3D environmental mapping for accurate detection and classification of objects. The advancement further improves the capability for autonomous driving by providing a rich information source related to surrounding objects and conditions such as weather. For example, Arbe Robotics and Magna have developed imaging radar systems that provide centimeter-level accuracy for obstacles. These systems enhance safety features such as pedestrian detection, lane-keeping, and adaptive cruise control. With automakers looking for more advanced sensing solutions, imaging radar is gaining popularity, which drives innovation and expands the automotive radar market.
Key players in the automotive radar industry have immense opportunities due to rising demands for advanced driver assistance systems and autonomous vehicles. As the consumer becomes increasingly aware of the safety and aspires to premium features, advanced driver assistance systems with the capability of collision avoidance, adaptive cruise control, and parking assistance become highly demanding. Moreover, the electric and autonomous vehicle shift further increases the chances of growth by making next-gen radar solution development possible, leading to automotive radar market opportunities. Moreover, expansion to emerging markets provides untapped opportunities in widespread implementation of radar on affordable automobiles.
4D imaging radar technology is being increasingly integrated by the key players to provide better sensing and awareness of the environment, thereby enhancing automotive radar market dynamics and trends. This advanced system of radar gives high-resolution imaging with depth, enhances features including pedestrian detection and collision avoidance, and improves features related to autonomous driving. Through its radar sensors and advanced signal processing technology, it can superimpose AI algorithms to boost the accuracy and reliability of the system in complex scenarios of driving. This technology is going to be a fundamental component of the coming generations of ADAS and autonomous vehicles.
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“Automotive Radar Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
On the basis of range, the market can be divided into the following:
On the basis of vehicle type, the market can be divided into the following:
On the basis of application, the market can be divided into the following:
Based on region, the market can be segregated into:
By Range Analysis
Long and medium/short distance radars are now gaining greater acceptance in the automotive radar industry as they enhance safety and drive autonomies through travel distances on vehicles. Long distance is critical to collision avoidance, adaptive cruise control, and highway driving. As per automotive radar market analysis, medium/short distance is used for a complement of parking assistance, lane-keeping, and close-proximity object detection. An increasing trend in the demand for these systems will be derived from growing regulation in safety and advanced technologies in autonomous driving.
Market Analysis by Vehicle Type
High demand for advanced driver assistance systems and safety features drives the demand for passenger cars and commercial vehicles in the automotive radar industry. Passenger cars increasingly use radar technology to provide collision avoidance and lane-keeping through adaptive cruise control. Commercial vehicles, such as trucks and buses, make use of the radar system to provide enhanced security measures and improve traffic monitoring to execute autonomous driving, a push facilitated by regulatory pressure and the need by fleet management companies to enhance operational efficiency.
Applications such as ACC (Adaptive Cruise Control), AEB (Autonomous Emergency Braking), BSD (Blind Spot Detection), and FCW (Forward Collision Warning) are fueling the automotive radar ecosystem because it enhances vehicle safety and also permits semi-autonomous driving. As per automotive radar industry analysis, these systems hold a great demand due to strict safety regulations and customer demand for advanced ADAS. Additional features include Intelligent Park Assist, and engineering is making car manufacturers pay much attention towards improvement of parking capabilities. These features are of primary importance in order to meet requirements by regulatory sources and enhance driving comfort generally.
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North America Automotive Radar Market Opportunities
ADAS adoption is a key driver for the North American automotive radar market, with increasing demand for safety features such as collision avoidance and adaptive cruise control. The U.S. and Canada are advancing autonomous vehicle technologies, supported by favourable regulations, especially in states like California. Additionally, the region’s focus on electric vehicles (EVs) and road safety further fuels radar system integration. Companies like Mobileye are seizing these opportunities by supplying advanced radar solutions to meet evolving market needs.
Europe Automotive Radar Market Dynamics
The Europe automotive radar market is driven by stringent safety regulations and the growing adoption of advanced driver assistance systems (ADAS). With countries like Germany, France, and the UK leading the way, there is a strong push for autonomous vehicle technologies. Companies such as Bosch are at the forefront, providing radar sensors that enhance safety features like adaptive cruise control, lane-keeping assistance, and collision avoidance. Moreover, Europe's commitment to reducing road fatalities and environmental impact further boosts the demand for radar technologies in vehicles.
Asia Pacific Automotive Radar Market Trends
The Asia Pacific automotive radar market is witnessing rapid growth, driven by increasing vehicle production and adoption of advanced driver assistance systems (ADAS). According to government data from China, the country is projected to become the world’s largest market for ADAS by 2025, with a strong push towards autonomous vehicles. Japan and South Korea are also increasing investments in radar technology for autonomous driving. Additionally, government incentives and safety regulations are accelerating the demand for radar systems in the region's automotive sector.
Latin America Automotive Radar Market Insights
Growing demand for advanced driver assistance systems (ADAS) is driving the market for automotive radar in Latin America. Countries like Brazil and Mexico are seeing increased adoption of radar technologies in vehicles to meet safety regulations and consumer expectations. This shift towards enhanced vehicle safety is further fueled by the region's expanding automotive industry. Companies such as Continental AG are leading the market by providing radar solutions for collision avoidance, adaptive cruise control, and other ADAS functions in Latin American vehicles.
Middle East and Africa Automotive Radar Market Drivers
The Middle East and Africa automotive radar market is driven by growing automotive production and increasing demand for advanced driver assistance systems (ADAS). With the rise in road safety concerns and the push for autonomous vehicles, governments are introducing stricter safety regulations. The region's expanding infrastructure, particularly in countries like the UAE and Saudi Arabia, is also fueling the adoption of ADAS technologies. Additionally, increasing disposable income and a strong automotive industry presence are contributing to the growing demand for radar systems in vehicles.
The automotive radar market players are focusing on designing advanced radar technologies that will help with better levels of ADAS and autonomous drive. Automotive radar companies are developing enhancements for the performance of a radar through increased ranges, precision, and ability to detect more objects. Innovations include higher resolution sensors, better integration with other vehicle systems, and more reliable data interpretation. These efforts aim to meet the rising demand for safety features like collision avoidance, adaptive cruise control, and parking assistance in modern vehicles.
Wego Chemical Group is one of the largest chemical companies established in 1988, with its headquarters in New Jersey, Livingston. The company mainly deals with diverse Automotive Radar products used in agriculture, water treatment, and industrial applications. The Automotive Radar solutions have global targets; they are focused on quality and sustainability.
Allan Chemical Corporation of New York was established in 1950 and produces Automotive Radar for a range of di...
Atotech is a company founded in 1993 and headquartered in Berlin, Germany that produces Automotive Radar for t...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global automotive radar market are Veoneer, Inc., Autoliv, Inc., NXP Semiconductors, Valeo Group, ZF Friedrichshafen AG, and Texas Instruments, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 5.21 Billion.
The automotive radar market is assessed to grow at a CAGR of 16.80% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 21.08 Billion by 2032.
The major drivers of the market include growing concerns about the safety and security of passengers, increasing sales of automobiles in emerging economies, and the rising cases of road accidents.
Favourable policies of various governments aimed towards improving the safety of passengers, growing traffic congestion and theft, and rising investments by the major car manufacturers to upgrade safety of existing models are expected to be the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Long range radar, and medium and short-range radar are the significant ranges of automotive radar in the market.
Passenger cars and commercial vehicles are the leading vehicle types in the market for automotive radar.
Adaptive cruise control (ACC), autonomous emergency braking (AEB), blind spot detection (BSD), forward collision warning (FCW), intelligent park assist, and other ADAS systems, are the various applications of automotive radar in the market.
The major players in the market are Continental AG, Denso Corporation, Hella KGaA Hueck & Co., Infineon Technologies AG, Veoneer, Inc., Autoliv, Inc., NXP Semiconductors, Valeo Group, ZF Friedrichshafen AG, and Texas Instruments, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Range |
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| Breakup by Vehicle Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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