Radar Sensors Market Size, Share, Growth Factor And Competitive Analysis By Leading Key Players Like Robert Bosch GmbH, Lockheed Martin, Raytheon, Saab, Northrop Grumman, Delphi Automotive, Hitachi, Continental AG, ZF Friedrichshafen AG Forecast 2023

14/gen/2019 21:14:03 suraj jd Contatta l'autore

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Radar Sensors Market: 2019 Global Analysis by Type (Radar Detector Detectors, Radar Scrambling), By Range (Short-Range Radar, Mid-Range Radar, Long-Range Radar), By Applications - Global Forecast 2023 

Radar Sensors Key Players Market : The prominent players in the global radar sensors 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)

·        Airbus Group (Netherlands)

The global  radar sensors market  is expected to grow at USD ~ 19 Billion by 2023, at ~ 20% of CAGR between 2017 and 2023.

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Market Synopsis of Global Radar Sensors Market:
The prominent companies such as  Raytheon Company (US), Northrop Grumman Corporation (US) Delphi Automotive LLP (UK), Hitachi, Ltd. (Japan), Robert Bosch GmbH (Germany), are the largest contributors in the manufacturing of  radar sensors. In 2017,  Denso Corporation has developed 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 the sub-millimeter-wave radar sensor.

The radar sensor is growing exponentially two to the use of frequency modulated continuous wave These targets can be either 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 used in the North America region, for weather monitoring, security and surveillance and other purposes.

The Global Radar Sensors Market is bifurcated into  type, range, applications and region.  The  type  includes radar detector detectors, radar scrambling and others. The  range  includes  short-range radar, mid-range radar, long-range radar  and others. The applications  include automotive, traffic monitoring, aerospace and defense, industrial, security and surveillance, weather monitoring  and others. The region includes North America, Europe, Asia and the rest of the world.

Market Drivers and Restraints:

Some of the major factors influencing the expansion of the global radar market in the automotive sector are increasing the awareness of passenger and vehicle safety, improving road safety regulations, the inclusion of . Geopolitical instabilities and territorial conflicts are leading to the strengthening of the defense sector in various developing countries. Hence, incorporation of advanced technologies in defense strategies is acting as a driving force for the global radar sensors market. Embedding of GPS technology in these sensors has facilitated the storage of the data from the global radar sensors market. Increasing production of automobiles and application of radar sensors in personal as well as commercial modes of transport. However, the development of radar sensors is likely to hamper the growth of the global radar sensors market.

Intended Audience

  • Sensor Manufacturers
  • Technology Providers
  • Original Equipment Manufacturers
  •  Equipment distributors and suppliers
  • Research and development companies
  • Market research and consulting firms
  • Technology standards organizations
  • Technology investors
  • System Integrators

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