Automotive Radar Market Size, Strategic Analysis, Growth Drivers,...

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2025-03-25 14:22:50 -

Automotive Radar Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

The automotive radar market was valued at USD 5.6 billion globally in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 29.7% over the course of the forecast period. Manufacturers and customers are placing more focus on passenger safety as a result of the global increase of accidents. The industry is being driven by the increasing need for ADAS in contemporary...

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