Industry Background:
The radar sensors enabled to measure the distance of objects over wide distances. It can also measure the relative speed of the detected object. This sensor utilizes high carrier frequency which allows generating a narrow beam cone. This allows detecting small objects, without interference from neighbouring objects over large distances.This growth is primarily driven by Increasing use of drones in numerous applications and Growing investments in military and defence.
Globally, a noticeable market trend is evident Increase in Imaging and radar shipments. Major Vendors, such as Raytheon Company (United States), Northrop Grumman Corporation (United States), Delphi Automotive LLP (United Kingdom), Hitachi, Ltd. (Japan), Baumer (Switzerland), Banner (United States), Robert Bosch GmbH (Germany), Sick AG (Germany), Continental AG (Germany), Acconeer AB (Sweden) and ZF Friedrichshafen AG (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Nov 2018, Frankfurt announced the launch of emergency brake assist system for motorbikes. This radar based system belongs to the wide range of state-of-art advanced rider assistance systems that Continental. Additionally, in Jan 2019, Cadence provide the Tensilica ConnX family of DSPs optimized for the full radar sensor-processing chain from the front-end raw antenna data that requires complex arithmetic for FFTs and beamforming, to the back-end object detection and estimation that requires the precision that floating-point datatypes provide.
Market Drivers
- Increasing use of drones in numerous applications
- Growing investments in military and defence
Market Trend
- Increase in Imaging and radar shipments
Opportunities
Growing adoption of sensor fusion technology will also contribute to the growth of the radar sensors market and Short and long-range radars should take off in the coming years
Challenges
Increasing development challenges for engineers who want to quickly evaluate, design, and manufacture a radar sensor solution, Multi-path propagation and Sensitivity of radar cross section to the aspect angle
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Radar Sensor Study Sheds Light on
The Radar Sensor Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Radar Sensor industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Radar Sensor industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.