Automotive Radar Market Key Trends And Strategies For Expansion 2023-2032

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Automotive Radar Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Automotive Radar Market Segments
The Business Research Company segments its
Automotive Radar market report as
Passenger Car, Commercial Vehicle
By Vehicle Type
By Application
Adaptive Cruise Control (Acc), Autonomous
Emergency Braking (Aeb), Blind Spot Detection
(Bsd)
By Range
Long-Range Radar (Lrr), Short And Medium-Range
Radar (SMrr)
By Industry
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Market Statistics
The global automotive radar market size grew from
5.05 billion in 2022 to 6.05 billion in 2023 at
a compound annual growth rate (CAGR) of 19.9 The
automotive radar market size is expected to grow
to 11.94 billion in 2027 at a CAGR of 18.5.
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Key Market Drivers And Trends
Drivers
The rising number of road accidents is expected
to propel the growth of the automotive radar
market going forward.
Trends
Technological innovations are the key trend
gaining popularity in the automotive radar market.
Region
Asia-Pacific was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Leather Goodsmarket are
• Analog Devices Inc.
• Autoliv Inc.
• Continental AG
• DENSO Corporation
• NXP Semiconductors
• BorgWarner Inc.
• And more.

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