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Automotive Radar Market Forecast: What Market Value Is Expected By 2030?
The automotive radar market has undergone rapid expansion in recent years. It is projected to increase from $8.03 billion in 2025 to $9.36 billion in 2026, at a compound annual growth rate (CAGR) of 16.5%. The historical growth experienced by the market can be attributed to rising vehicle safety regulations, increased adoption of ACC and AEB systems, growth in passenger vehicle production, early integration of radar in premium vehicles, and improvements in radar signal processing.
The automotive radar market is anticipated to experience substantial expansion over the coming years. By 2030, it is projected to reach a size of $17.18 billion, advancing at a compound annual growth rate (CAGR) of 16.4%. This projected growth is fueled by factors such as the increasing adoption of autonomous vehicles, a rising need for sensor fusion platforms, the expansion of electric vehicle manufacturing, the growing use of 77 ghz and 79 ghz radar bands, and continuous advancements in automotive semiconductor technologies. Significant trends for the forecast period include the increasing incorporation of advanced driver assistance systems, a rising integration of multi-mode radar sensors, a growing demand for high-frequency radar modules, the broadening of radar-based autonomous functions, and a heightened focus on the precision of object detection.
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Automotive Radar Market Demand Drivers Creating New Revenue Opportunities
An increasing number of road accidents is projected to fuel the expansion of the automotive radar market moving forward. Road accidents are defined as incidents arising from traffic collisions, negligence, or other causes that result in injury or death to individuals involved. Automotive radar stands as one of several sensor systems utilized for collision avoidance, as well as for detecting pedestrians and cyclists, and it works in conjunction with vision-based cameras to identify vehicles and help mitigate accidents. For instance, according to Roads Australia, an Australia-based national industry organisation focused on enhancing the country’s road network and overall transport safety, road fatalities in 2023 reached 1,266 people, as reported in January 2024. This figure marked an approximate 7.3 percent rise when compared to the total from the preceding twelve-month period. Consequently, the uptick in road accidents drives automotive radar market growth.
Automotive Radar Market Segmentation Trends And Revenue Drivers
The automotive radar market covered in this report is segmented –
1) By Vehicle Type: Passenger Car, Commercial Vehicle
2) By Range: Long-Range Radar (LRR), Short And Medium-Range Radar (SMRR)
3) By Frequency: 24 Ghz, 77 Ghz, 79 Ghz
4) By Application: Adaptive Cruise Control (Acc), Autonomous Emergency Braking (Aeb), Blind Spot Detection (Bsd), Forward Collision Warning System, Intelligent Park Assists, Other Applications
Subsegments:
1) By Passenger Car: Compact Cars, Sedans, SUVs, Coupes, Luxury Cars
2) By Commercial Vehicle: Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses, Trucks
Automotive Radar Market Trends Driving Strategic Industry Expansion
Major companies in the automotive radar market are concentrating on utilizing collaborations, such as strategic partnerships, to bolster innovation, technology evolution, and system integration for advanced driver assistance systems and autonomous vehicles. Strategic partnerships are cooperative agreements between firms that merge complementary resources, technical expertise, and market access to collectively develop and commercialize sophisticated automotive technologies more efficiently and at scale. For instance, in September 2023, Mobileye, an Israel-based autonomous driving company, formed a partnership with Valeo, a France-based automaker company. As a direct result of this partnership, Mobileye and Valeo intend to provide best-in-class, software-defined imaging radars for next-generation driver assistance and automated driving features. By collaborating, they can swiftly introduce this promising new technology to automakers globally, thereby accelerating the development of more intelligent vehicles. Imaging radar will play a crucial role within sensing systems for automated driving, acting as a key element for advanced hands-off ADAS solutions and eyes-off automated driving capabilities on highways and urban streets.
Automotive Radar Market Industry Leaders: Which Organizations Are Driving Competition?
Major companies operating in the automotive radar market are Analog Devices Inc., Autoliv Inc., Continental AG, DENSO Corporation, NXP Semiconductors, Robert Bosch GmbH, Texas Instruments, Valeo SA, Infineon Technologies AG, ZF Friedrichshafen AG, HELLA GmbH & Co. KGaA, TE Connectivity Ltd., Aptiv plc, Onsemi, Veoneer Inc., Navtech Radar Ltd., Renesas Electronics Corporation, HELLA Aglaia Mobile Vision GmbH, Magna International Inc., Ainstein, Ficosa International SA, Vayyar Imaging Ltd.
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Automotive Radar Market Geographic Analysis: Where Is Demand Growing The Fastest?
Asia-Pacific was region with the largest share in the automotive radar market in 2025. The regions covered in the automotive radar market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.