Global Radar Sensors Market Will Grow At A CAGR Of 15.98% For The Period From 2017 – 2021

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A radar sensor is an electronic device that identifies the position and velocity of a distant object such as a vehicle, aircraft, or ship. Radar sensors identify electromagnetic emissions with the help of radio receivers. When the transmission is detected, the person in the vehicle is informed. Currently, the GPS technology is installed into radar sensors, and it aids the storage of locations indicated by the sensor when the user reaches their destination in addition to detecting objects, the radar sensors provide information such as range, speed, direction, and Doppler velocity.

Technavios analysts forecast the global radar sensors market to grow at a CAGR of 15.98% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global radar sensors market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Technavio’s report, Global Radar Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
NXP Semiconductors
Robert Bosch
ZF Friedrichshafen

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Other prominent vendors

Banner Engineering
Delphi Automotive
HELLA KGaA Hueck & Co.
Infineon Technologies
Lockheed Martin
Raytheon Company
Saffron Electronics & Defense
Sivers IMA
Texas instruments

Market driver
Radar sensor-based ADAS applications are more economical
For a full, detailed list, view our report

Market challenge
Radar sensor design challenges
For a full, detailed list, view our report

Market trend
Increasing adoption of FMCW radar sensors in different applications
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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