- Press Release -

Automotive Radar Market to Reach US$ 7.2608 Bn by 2022, Fact.MR Report

30 Nov -0001

  • The global automotive radar market is forecast to rise from US$ 2 Bn in 2017 to US$ 7.2608 Bn by 2022-end.
  • Fact.MR projects robust growth across the 2017 to 2022 forecast period.
  • Short-range radar leads with close to half of revenue, heading toward US$ 3.5 Bn by 2022.
  • Passenger cars are the most attractive vehicle segment, set to exceed US$ 5.3 Bn by 2022 from over two-thirds of the 2017 market.
  • Adaptive cruise control is the leading application at over 43% share in 2017, with autonomous emergency braking gaining ground.
  • Lower-band (2x GHz) radar holds over half of revenue in 2017, while higher-band (7x GHz) radar is set to outpace it by 2022.
  • North America leads by revenue, supported by demand for advanced safety features.
  • The shift toward self-driving technology is the defining growth driver.

Rockville, Md. The global automotive radar market is set to more than triple, climbing from US$ 2 Bn in 2017 to US$ 7.2608 Bn by the end of 2022, according to Fact.MR. Radar holds up better than rival sensing technologies in extreme temperatures, poor light and difficult weather, and that reliability is pushing it deeper into the vehicle as carmakers move from single-purpose features toward full self-driving systems.

Short-range radar leads by revenue, passenger cars are the most attractive segment, and adaptive cruise control is the dominant application. North America sits in front by region. Demand for advanced safety in fast-growing markets such as India and China is opening fresh ground for radar suppliers.

Range, Vehicles and Applications

Short-range radar carries the market. It accounts for close to half of revenue and is expected to reach nearly US$ 3.5 Bn by 2022, reflecting its role in parking, blind-spot and low-speed safety functions. By vehicle type, passenger cars are the standout, holding over two-thirds of the 2017 market and set to pass US$ 5.3 Bn by 2022 at an exceptionally fast pace, while light commercial vehicles hold their position through the period.

Application tells a similar story of safety moving mainstream. Adaptive cruise control commands more than 43% share as of 2017, having become a feature buyers now expect, and autonomous emergency braking is rising quickly behind it. On frequency, lower-band radar in the 2x GHz range leads revenue with more than half the market in 2017, but demand for higher-band 7x GHz radar is expected to overtake it by 2022 as finer resolution becomes essential for automated driving.

Safety and Autonomy Drive Demand

Two forces are pulling the market forward. Buyers increasingly want cutting-edge safety, and regulators and carmakers are responding by fitting more sensors as standard. At the same time, the industry's steady shift from function-specific features to genuine self-driving capability keeps widening the role radar plays. Emerging markets add momentum, with India and China generating strong demand for vehicles equipped with advanced safety systems.

Suppliers and Their Playbook

The competitive field mixes tier-one automotive suppliers with major semiconductor firms.

  • Denso Corporation, Continental AG, Analog Devices, Inc, Robert Bosch GmbH, ZF Friedrichshafen AG, Delphi Automotive PLC, NXP Semiconductors N.V., Infineon Technologies AG, Autoliv, Inc, Texas Instruments, Inc., and Hella KGaA Hueck & Co. are among the top companies operating in the market.

Reading the Market for Decisions

For suppliers, the clearest opportunities lie in short-range systems, passenger car platforms and the higher-band radar that autonomy will require. Investors get a market with strong structural growth tied to safety regulation and self-driving development. Procurement teams can plan around North America leading revenue and around passenger cars carrying the bulk of volume through 2022.

About the Report

Fact.MR's study covers the global automotive radar market for the 2017 to 2022 forecast period, with segmentation by range, vehicle type, application, frequency and region. It sizes each segment, maps the competitive field, and weighs the safety and technology forces shaping demand. Further detail is available in the automotive radar market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Automotive Radar Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.