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U.S. Automotive Radar Market, Share, Trends, Demand, Growth and Competitive Analysis

19 days ago
14

Radar Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

U.S. Automotive Radar Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The U.S. Automotive Radar Market size was valued at around USD 1.82 billion in 2024 and is projected to reach USD 4.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.15 % during the forecast period, i.e., 2025-30.

What are the major Driver the Keyword U.S. Automotive Radar Market?

High Prevalence of Road Accidents Creating Intensive Demand – The rising number of road accidents in the United States is largely accountable for the high demand for automotive radar. More than half of all road traffic deaths in the country are among pedestrians, cyclists, and riders, with over 20% fatalities and the highest concentration in urban areas.

More than 94% of accidents are caused by driver errors in the US, which is augmenting the demand for warning radar systems that will help in avoiding such scenarios. Moreover, crashes due to lane departure and blind spot incidents saw a year-over-year rise of over 6%. Notably, rear-end collisions made up nearly 32% of all crashes in 2023, which has created the need for including radar-based technologies like Forward Collision Warning and Automatic Emergency Braking in vehicles. These increased statistics substantiate the need for urgent deployment of high-tech safety measures. This could be provided by the incorporation of automotive radar systems through their features integrated within the vehicles that tend to avert accidents. To prevent these large numbers of accidents, the regulatory authorities are mandating the conventionalization of such safety features in new vehicles, hence, escalating the demand for automotive radar systems.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/us-automotive-radar-market.html

What segments define the U.S. Automotive Radar Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Range

Short Range Radar- Market Size & Forecast 2020-2030, USD Million

Medium Range Radar- Market Size & Forecast 2020-2030, USD Million

Long Range Radar- Market Size & Forecast 2020-2030, USD Million

By Propulsion Type

Internal Combustion Engine (ICE)- Market Size & Forecast 2020-2030, USD Million

Electric- Market Size & Forecast 2020-2030, USD Million

By Vehicle Type

Passenger Vehicles- Market Size & Forecast 2020-2030, USD Million

Light Commercial Vehicles- Market Size & Forecast 2020-2030, USD Million

Heavy Commercial Vehicles- Market Size & Forecast 2020-2030, USD Million

According to report, the passenger vehicles lead the U.S. Automotive Radar Market. It holds around 72.5% share of the total market volume.

By Frequency

2X-GHz System- Market Size & Forecast 2020-2030, USD Million

7X-GHz System- Market Size & Forecast 2020-2030, USD Million

According to report, the 7X-GHz System dominates the U.S. Automotive Radar market. It holds around 60% market share.

By Application

Adaptive Cruise Control- Market Size & Forecast 2020-2030, USD Million

Automatic Emergency Braking- Market Size & Forecast 2020-2030, USD Million

Blind Spot Detection- Market Size & Forecast 2020-2030, USD Million

Forward Collision Warning System- Market Size & Forecast 2020-2030, USD Million

Intelligent Parking Assistant- Market Size & Forecast 2020-2030, USD Million

Cross Traffic Alerts- Market Size & Forecast 2020-2030, USD Million

Lane Departure Warning Systems- Market Size & Forecast 2020-2030, USD Million

Traffic Jam Assist- Market Size & Forecast 2020-2030, USD Million

Others

Explore the Complete U.S. Automotive Radar Market Analysis Report – https://www.marknteladvisors.com/research-library/us-automotive-radar-market.html

Geographical Analysis: U.S. Automotive Radar Market

     By Region

South

North East

Midwest

West

U.S. Automotive Radar Market Share & Competitive Landscape:

The U.S. Automotive Radar Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the U.S. Automotive Radar Market are:

Robert Bosch GmbH

Continental AG

Denso Corporation

Aptiv

Autoliv Inc.

Veoneer

Valeo SA

Delphi Automotive Company

NXP Semiconductors NV

HELLA GmbH & Co. KGaA

Texas Instruments Incorporated

ZF Friedrichshafen AG

Infineon Technologies AG

Renesas Electronics Corporation

Analog Devices, Inc.

U.S. Automotive Radar Market Recent Development:

January 2024: NXP Semiconductors NV introduced a new 28 nm RFCMOS radar chip for advanced driver-assistance systems in modern vehicles. This chip supports distributed radar setups and helps transition from current smart sensors to future streaming sensors.

January 2024: Texas Instruments Incorporated launched new radar sensor chips designed to create smarter and safer vehicles. The AWR2544 77GHz mmWave radar sensor chips enhance autonomy by improving sensor fusion and decision-making in ADAS.

Questions Addressed in this Study

1.What factors are driving the U.S. Automotive Radar Market growth?

2.How is the U.S. Automotive Radar Market expected to grow over the next five years?

3.What are the key insights into the current trends in the U.S. Automotive Radar Market?

4.What is the current size of the U.S. Automotive Radar Market, and how is it projected to change in the future?

6.What is the future outlook for the U.S. Automotive Radar Market in terms of technological advancements and market expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/us-automotive-radar-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

More Research Studies Report:

-Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.

-Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.

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