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Automotive Radar Market is Expected to Boom Worldwide by 2026

The global automotive radar market is forecast to reach USD 19.31 Billion by 2026, according to a new report by Reports and Data. Automotive radar helps locate objects surrounding the car with the help of the transmitter and receiver of the radar system.

KiranGaikwad
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Automotive Radar Market is Expected to Boom Worldwide by 2026

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  1. Automotive Radar Market with Emerging Trends, Global Scope and Demand 2019 to 2026

  2. Market Summary Market Size – USD 3.10 Billion in 2018, Market Growth - CAGR of 25.6%, Market Trends – Increase in demand for 77 GHz range automotive radar in both the premium and mid-range car segments. The global automotive radar market is forecast to reach USD 19.31 Billion by 2026, according to a new report by Reports and Data. Automotive radar helps locate objects surrounding the car with the help of the transmitter and receiver of the radar system. The transmitter of the radar system emits radio waves that stumbles into the object and bounces back to the receiver of the radar, providing information on the real-time location of the objects around the vehicle. Further key findings from the report suggest : • Adaptive cruise control is an advanced self-regulating form of cruise control system that slows down and accelerates automatically to maintain a suitable pace with the car in front of the radar systems while in traffic. Adaptive cruise control sub-segment is expected to hit a market revenue of USD 5.93 Billion by 2026. • Level (0-2) vehicles automation includes the vehicles with zero autonomous features to a few amount of automation like automatic braking systems, adaptive cruise control, and others. The market revenue for this sub-segment in 2018 was USD 1.78 Billion. www.reportsanddata.com

  3. Key Players: Continental AG, Robert Bosch GmbH, Infineon Technologies AG, Denso Corporation, Valeo, NXP Semiconductors N.V., Texas Instruments Incorporated, Autoliv Inc., Delphi Technologies, and Hella KGaA Hueck & Co. Segmentation: • Applications Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026), Adaptive Cruise Control, Autonomous Emergency Braking, Collision Mitigation & Warning System, Blind Spot Detection, Turing Assistance, Rear Clash & Collision Aids, Parking Control Aids, Other ADAS • Frequency Band Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026), 24 GHz, 77 GHz • Level of Vehicle Automation Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016- 2026), Level (0-2), Level (3-4), Level (5-6),Vehicle Type Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026), Budget Passenger Vehicle, Mid-Range Passenger Vehicle, Premium Passenger Vehicle, Commercial Vehicle www.reportsanddata.com

  4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. into play in this advancement? Which sectors are expected to deliver a high growth rate and which industry aspects come • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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