Radar Link Market by Link Type (Electronic Link, Optical Link), by Component (Antenna, Diplexer, Transmitter, Phase-Lock Loop, Receiver, Processor, Others), by Application (Airborne, Naval, Space, Land), by By Geography (North America), by Europe (U.K., Germany, France, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific), by Rest of the World (South America, Middle East & Africa) Forecast 2024-2032
The Radar Link Market size was valued at USD 1.55 USD Billion in 2023 and is projected to reach USD 5.28 USD Billion by 2032, exhibiting a CAGR of 19.12 % during the forecast period. Automotive Radar refers to radar systems designed and implemented specifically for use in vehicles, primarily for Advanced Driver Assistance Systems (ADAS) and autonomous driving applications. Radar (Radio Detection and Ranging) is a technology that uses radio waves to detect the presence, distance, speed and direction of objects in the environment. Automotive Radar is a critical sensor for accident, vehicle and pedestrian avoidance and other purposes. Vehicles use high-frequency radar systems with frequencies from 77 GHz to 81 GHz (79 GHz frequency) for pedestrian detection and brake assist systems. The growing acceptance of self-driving vehicles and self-driving cars is expected to bring several potential prospects to the market. The car radar market is expected to grow rapidly during the forecast period as consumers prefer vehicles with safety features. In addition, compared to many other alternative sensors, especially visual sensors, car radar is one of the leading technologies due to its high precision and accuracy in detecting information content such as speed and distance. Automotive radar systems are the primary sensors for adaptive cruise control and are key components of advanced driver assistance systems
Growing Adoption of Electronic Links:
Advancements in Optical Links:
Link Type:
Component:
Application:
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 19.12% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 19.12% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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