Automotive Radar Market size is expected to reach USD 8.98 billion by 2024

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Global Automotive Radar Market to cross 8.98 Bn
by 2024 Global Market Insights Inc.
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Industry Overview

• Automotive Radar Market Automotive Radar Market
  size is expected to reach USD 8.98 billion by
  2024 according to a new research report by
  Global Market Insights, Inc. Favorable government
  initiatives that mandate the incorporation of
  safety and control systems into automobiles to
  reduce the number of road accidents and related
  casualties will drive demand. Growing sales of
  motor vehicles, especially luxury cars have
  significantly spurred revenue growth.
• High frequency radar systems in the 79GHz band
  tend to perform better than the standard 24 GHz
  and 76 GHz bands as they offer greater capability
  and reduces device size. Sensing technologies
  enable lane keeping, driver assistance and
  forward collision warning alerts.
• China accounted for more than 45 of the overall
  Asia Pacific automotive radar market share in
  2015. Growth across the region can be dedicated
  to potential automotive sales as well as
  production through 2024.
• Germany automotive radar market size was valued
  is forecast to exceed USD 500 million by 2024.
  Existence of major automobile manufactures in the
  region will drive growth prospects.

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Browse Full Market Research Report Of Automotive
Radar Market _at_ http//bit.ly/2k7DxFi Request
for a Sample of this Research report _at_
http//bit.ly/2keHiZO
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U.S. Automotive Radar Industry Size, By
Application, 2015 2024 (USD Million)
https//www.gminsights.com/assets/img/us-automotiv
e-radar-market.png

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Top Key Players

• Key automotive radar market players are NXP,
  Infineon, and STM. Other major players in the
  industry include Valeo, ZF TRW Automotive, Texas
  Instruments, Hella, Robert Bosch, Fujitsu, Delphi
  Automotive, Denso, Autoliv, and Continental.

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