The Automotive Radar Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive Radar Market?
The Automotive Radar Global Market had an impressive growth trend. The market value increased from $6.93 billion in 2024 to $8.13 billion in 2025. This represents a compound annual growth rate (CAGR) of 17.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Radar Industry?
The Automotive Radar Global Market Report 2024 predicts a rise in the market size to $15.26 billion by 2029. This represents a compound annual growth rate (CAGR) of 17.1%.
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What are the Key Growth Drivers Fueling the Automotive Radar Market?
The key drivers in the automotive radar market are:
• Rising demand for radar sensors in electric and autonomous vehicles
• Integration of 5g technology for enhanced and dependable communication
• Increased adoption of radar gadgets for pedestrian recognition and urban driving
• Expansion of the commercial vehicle segment incorporating radar-based safety systems
Global Market Segmentation: Identifying Major Automotive Radar Industry Segments
The automotive radar market covered in this report is segmented –
1) By Vehicle Type: Passenger Car, Commercial Vehicle
2) By Range: Long-Range Radar (LRR), Short And Medium-Range Radar (SMRR)
3) By Frequency: 24 Ghz, 77 Ghz, 79 Ghz
4) By Application: Adaptive Cruise Control (Acc), Autonomous Emergency Braking (Aeb), Blind Spot Detection (Bsd), Forward Collision Warning System, Intelligent Park Assists, Other Applications
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What are the Emerging Trends Shaping the Future of the Automotive Radar Market?
The key trends in the connected agriculture market are:
• Technological advancements in radar sensors for improved accuracy is an emerging trend.
• The development of radar sensors with higher resolution and improved range is shaping the future of the market.
• The integration of radar sensors with other sensing technologies for a more comprehensive system is an upcoming trend.
• Increasing emphasis on the implementation of cybersecurity measures for secure radar communication is a significant future trend.
Who Are the Top Competitors & Leading Players in the Automotive Radar Market?
Major companies in the automotive radar market are:
• 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 Concrete Technology Co Ltd.
• Magna International Inc.
• Ainstein
• Ficosa International SA
• Vayyar Imaging Ltd.
Regional Dominance: Which Area Leads the Global Automotive Radar Market?
Asia-Pacific was region with the largest share in the automotive radar market in 2024
