Automotive Industry Shifts Focus from Performance to Safety and Convenience Driving Growth
Automotive Radar Market
Dublin, July 09, 2025 (GLOBE NEWSWIRE) -- The "Automotive Radar Market by Range, Vehicle Type, Frequency, EV Type, Mounting, Application, and Region - Global Forecast to 2032" has been added to ResearchAndMarkets.com's offering.
The automotive radar market is forecasted to grow from USD 5.36 billion in 2025 to USD 22.83 billion by 2032, at a CAGR of 23.0%
This report is essential for market leaders and newcomers aiming to understand revenue approximations for the automotive radar market and its subsegments. It aids stakeholders in comprehending the competitive landscape, making strategic decisions, and identifying growth opportunities. Insights into product development, market diversification, and competitive assessments of major industry players are included.
This growth reflects a pivotal shift in the industry from prioritizing vehicle performance and fuel efficiency to focusing on safety and convenience. Radar technology underpins many critical safety systems such as intelligent park assist, cross traffic alert, and autonomous emergency braking. The introduction of 4D imaging radar systems capable of high-resolution object detection further cements radar's crucial role in advancing autonomous driving technologies.
The 7X-GHz frequency segment to dominate market during the forecast period
The 7X-GHz radar systems, particularly those at 77 GHz and 79 GHz, are poised to lead the market due to their superior resolution and range, essential for ADAS and autonomous driving technologies. These radars are vital for functionalities including adaptive cruise control, lane keeping assist, and automatic emergency braking. This surge is supported by government regulations like the EU's Vehicle General Safety Regulations, mandating ADAS features.
Innovative product developments are seen from key players. For instance, Bosch introduced SoC solutions for radar systems at the electronica 2024 trade fair, underscoring 7X-GHz technology's role in future automotive safety. These developments illustrate the critical impact that 7X-GHz radar will have, driving vehicular safety and automation forward.
Medium-range radar to hold significant market share during forecast period
Medium-range radars balance performance and cost, making them suitable for features like adaptive cruise control, blind spot detection, and lane change assistance. With a range of 30 to 80 meters, they are ideal for both highway and urban driving scenarios. Vehicles like the Mercedes-Benz C-Class and Toyota Camry incorporate these radars, reflecting their widespread application in semi-autonomous and safety features.
Their versatility across different driving conditions and increased incorporation in mid-range and premium vehicles solidifies their market position as automakers continue to prioritize safety and automation.
China to hold largest market share in Asia Pacific during forecast period
China maintains a leading position due to rapid advancements in 4D mmWave radar technology and increased domestic production. Companies like NIO and BYD are at the forefront with innovations such as NIO's Lixiang L60 deploying 4D imaging radar and BYD's God's Eye system for EVs under USD 10,000, enhancing ADAS accessibility and competitiveness in China's EV market.
This growth is supported by Chinese OEMs adopting aggressive strategies like the 5-radar approach for advanced autonomous features. These initiatives will bolster the automotive radar market's trajectory throughout the forecast period.
Reasons to Buy this Report:
Analysis of key drivers, restraints, opportunities, and challenges affecting market growth.
Detailed insights into upcoming technologies and R&D activities.
Comprehensive information on lucrative markets across different regions.
Exhaustive information about new products, untapped geographies, and investments.
In-depth assessment of market shares and strategies of leading market players.
Key Attributes:
Report Attribute
Details
No. of Pages
319
Forecast Period
2025 - 2032
Estimated Market Value (USD) in 2025
$5.36 Billion
Forecasted Market Value (USD) by 2032
$22.83 Billion
Compound Annual Growth Rate
23.0%
Regions Covered
Global
Market Dynamics
Drivers
Surging Demand for ADAS and Technological Advancements to Drive Growth
Increasing Reliance on Doppler Frequency Shift Technology
Advancements in 7X-GHz Radar Technology
Integration with Electric and Connected Vehicles
Challenges
Inability to Distinguish Multiple Targets
Varying Weather Conditions Affecting Radar Performance and Reliability
Opportunities
Rising Demand for Autonomous Vehicles
Unlocking New Business Models and Smart Mobility Solutions with Automotive Radar Technology Models
Growing Adoption of 4D Imaging Radar for Enhanced Safety, Autonomy, and Cost-Effective Sensor Fusion in Next-Gen Vehicles
Case Studies
Continental Implemented 4D Imaging Radar Technology with Sophisticated MIMO Architecture
NXP Developed SAF85xx Family of Radar SOCs to Overcome Limitations of Existing Radar Systems
Robert Bosch Leveraged Synthetic Aperture Radar (SAR) Technology to Overcome Limitations of Traditional Automotive Radar Systems
Vector & Rohde and Schwarz HIL System Collaborated to Offer Solution for Comprehensive Testing Environment
Industry Trends
Trends and Disruptions Impacting Customer Business
Company Profiles
Robert Bosch GmbH
Continental AG
Aptiv
Denso Corporation
NXP Semiconductors
Ficosa Internacional SA
Infineon Technologies AG
Valeo
ZF Friedrichshafen AG
Texas Instruments Incorporated
Magna International Inc.
Renesas Electronics Corporation
HL Klemove
Ambarella International LP
Astemo, Ltd.
Kyocera Corporation
Samsung Electro-Mechanics
Hyundai Mobis
Stonkam Co. Ltd.
Brigade Electronics Group PLC
LG Electronics
Vayyar Automotive
STMicroelectronics
Novelic
Huawei Technologies Co. Ltd.
Hella GmbH & Co. KGaA
Spartan Radar, Inc.
Bitsensing Inc.
Altos Radar
Lunewave Inc.
NPS (Neural Propulsion Systems, Inc)
For more information about this report visit https://www.researchandmarkets.com/r/uftyme
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Automotive Radar Market
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