Dublin, June 13, 2025 (GLOBE NEWSWIRE) — The “Automotive Radar Market 2025-2034” has been added to ResearchAndMarkets.com’s offering.
The automotive radar market is poised for significant growth, with an estimated value of USD 10.3 billion in 2025. This sector is projected to expand rapidly, achieving a compound annual growth rate (CAGR) of 17.3%, reaching a global market value of USD 43.1 billion by 2034.
Automotive radar technology is integral to advanced driver assistance systems (ADAS) and the autonomous driving ecosystem. Utilizing radio waves, radar sensors in vehicles facilitate crucial safety features such as adaptive cruise control, emergency braking, blind-spot monitoring, and lane-keeping assistance. As the automotive industry advances towards higher autonomy levels, radar plays a pivotal role in sensor fusion systems, offering comprehensive vehicle surroundings insights.
Recent developments in radar technology have introduced highly refined sensors with superior detection ranges and enhanced object classification capabilities. These are instrumental in distinguishing stationary from moving objects and recognizing vulnerable road users, like pedestrians, under adverse weather conditions. Consequently, radar sensors are becoming central to both safety-critical and convenience automotive features.
Nevertheless, radar systems encounter challenges, including signal interference, the integration’s complexity with other sensor types, and balancing performance with cost. Yet, the growing adoption of ADAS features and escalating autonomous driving tech demand chart a course for innovation and expansion within the automotive radar market.
Key Insights into the Automotive Radar Market
- One major trend is the transition to high-resolution imaging radar, generating detailed, three-dimensional environmental maps essential for autonomous driving systems requiring precise situational awareness.
- Additionally, miniaturization and integration of radar sensors are underway. Automakers develop compact, multifunctional radar units to incorporate seamlessly into vehicle designs, reducing weight, lowering production costs, and simplifying installation, thus broadening radar accessibility.
- The proliferation of ADAS significantly drives the automotive radar market. Radar sensors are vital to features like adaptive cruise control, collision avoidance, and automatic emergency braking. This widespread ADAS tech adoption spurs dependable radar systems demand.
- Pushing autonomous driving necessitates robust, accurate detection capabilities under diverse conditions, making radar indispensable. Radar sensors’ integral role in ensuring autonomous systems’ safety and reliability propels their adoption.
- Signal interference mitigation remains a prominent challenge. Increasing radar-equipped vehicles heightens mutual interference risks, requiring sophisticated signal processing, frequency management, and interference-resistant technologies.
- Moreover, cost reduction is critical, given high-performance sensors’ expense, particularly imaging radar. Achieving a cost-performance balance is vital for radar systems’ mass-market viability. Therefore, innovation and production scaling are necessary to decrease costs while maintaining quality and functionality.
Automotive Radar Market Segmentation
- By Vehicle Type: Commercial Vehicle
- By Range: Short And Medium-Range Radar (S&MRR)
- By Frequency: 77 GHz, 79 GHz
- By Application: Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System, Intelligent Park Assists, Other Applications
- By Geography: North America (USA, Canada, Mexico), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC), The Middle East and Africa (Middle East, Africa), South and Central America (Brazil, Argentina, Rest of SCA)
Key Attributes:
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2025 – 2034 |
Estimated Market Value (USD) in 2025 | $10.3 Billion |
Forecasted Market Value (USD) by 2034 | $43.1 Billion |
Compound Annual Growth Rate | 17.2% |
Regions Covered | Global |
Companies Featured
- Analog Devices Inc.
- Autoliv Inc.
- Continental AG
- DENSO Corporation
- NXP Semiconductors
- BorgWarner Inc.
- Robert Bosch GmbH
- Texas Instruments
- Valeo SA
- Infineon Technologies AG
- ZF Friedrichshafen AG
- HELLA GmbH & Co. KGaA
- TE Connectivity Ltd.
- Aptiv plc
- Onsemi
- Veoneer Inc.
- Innoviz Technologies Ltd.
- Delphi Technologies
- Navtech Radar Ltd.
- Renesas Electronics Corporation
- Texas Instruments Incorporated
- HELLA Aglaia Mobile Vision GmbH
- LeddarTech Inc.
- Quanergy Systems Inc.
- Novariant Inc.
- Wuhu Concete Technology Co Ltd.
- Magna International Inc.
- Ainstein
- Ficosa International SA
- Vayyar Imaging Ltd
For more information about this report visit https://www.researchandmarkets.com/r/q5m88l
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