Global Vehicles Industrial Radar Market Insights, Forecast to 2028

Off-highway vehicles encounter different terrains that have no lanes, no marking, and improper visibility. The radar system is capable of performing in bad weather or lighting conditions, which match the working conditions of off-highways vehicles.
Market Analysis and Insights: Global Vehicles Industrial Radar Market
Due to the COVID-19 pandemic, the global Vehicles Industrial Radar market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Long-range Radar (LRR) accounting for % of the Vehicles Industrial Radar global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Adaptive Cruise Control (ACC) segment is altered to an % CAGR throughout this forecast period.
China Vehicles Industrial Radar market size is valued at US$ million in 2021, while the US and Europe Vehicles Industrial Radar are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Vehicles Industrial Radar landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Vehicles Industrial Radar include Infineon, Denso, Robert Bosch, Aptiv, Continental, Analog Devices, Hella, Smart Microwave Sensors and Sistemi and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Vehicles Industrial Radar capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Vehicles Industrial Radar by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Vehicles Industrial Radar Scope and Segment
Vehicles Industrial Radar market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Vehicles Industrial Radar market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Long-range Radar (LRR)
Short and Medium Range Radar (S and MRR)
Segment by Application
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD)
Forward Collision Warning System
Intelligent Park Assist
Autonomous Emergency Braking (AEB)
Others
By Company
Infineon
Denso
Robert Bosch
Aptiv
Continental
Analog Devices
Hella
Smart Microwave Sensors
Sistemi
Echodyne
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE