DUBLIN, May 1, 2019 /PRNewswire/ — The “Global Radar Sensors Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The radar sensors market will register a CAGR of nearly 18% by 2023. The growing adoption of radar sensors in several applications will drive the market growth in the forthcoming years.

Owing to the adoption of radar sensors in logistics, traffic management, industrial, automotive, and smart home applications, the need for radar sensors is likely to surge considerably in the forthcoming years. Increasing penetration of smart homes will further result in an increasing adoption of smart devices integrated with radar sensors, thus, driving the market growth.

Growing adoption of radar sensors in several applications

One of the growth drivers of the global radar sensors market is the growing adoption of radar sensors in several applications. The adoption of radar sensors in logistics, traffic management industrial, automotive, and smartphone application is increasing, which will drive the growth of the market.

Growing adoption of LiDAR sensors

One of the challenges in the growth of the global radar sensors market is the growing adoption of LiDAR sensors. This is due to their low price when compared with radar sensors, which is affecting the sales of radar sensors and hinder the growth of the market.

Competitive Landscape

The market appears to be concentrated and with the presence of a few market players. OEMs in the market are collaborating with automotive camera manufacturers to incorporate cameras and radar sensors into a single module in a vehicle, which will result in the integration of sensor fusion technologies.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

• Continental
• Infineon Technologies
• NXP Semiconductors
• Robert Bosch
• ZF Friedrichshafen

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Comparison by application
• Automotive – Market size and forecast 2018-2023
• Aerospace and defense – Market size and forecast 2018-2023
• Industrial – Market size and forecast 2018-2023
• Others – Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCT

• Comparison by product
• Non-imaging sensors – Market size and forecast 2018-2023
• Imaging sensors – Market size and forecast 2018-2023
• Market opportunity by product

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Europe – Market size and forecast 2018-2023
• North America – Market size and forecast 2018-2023
• APAC – Market size and forecast 2018-2023
• MEA – Market size and forecast 2018-2023
• South America – Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

• Emergence of high-resolution radar imaging sensor
• Increasing investments in autonomous cars
• Growing adoption of sensor fusion technology

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Continental
• Infineon Technologies
• NXP Semiconductors
• Robert Bosch
• ZF Friedrichshafen

For more information about this report visit https://www.researchandmarkets.com/r/ox8a54

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