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. According to MarkNtel Advisors Study.
U.S. Automotive Radar Market Driver:
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.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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U.S. Automotive Radar Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
- By Frequency
- 2X-GHz System- Market Size & Forecast 2020-2030, USD Million
- 7X-GHz System- Market Size & Forecast 2020-2030, USD Million
- 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
- By Region
- South
- North East
- Midwest
- West
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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., and others are looking forward to strengthening their market positions.
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