Built to provide research that’s more actionable and strategically valuable, The Business Research Company’s 2026 market reports include market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, broader supply chain intelligence, emerging startup tracking, and in-depth product insights.
Automotive Radar Market Forecast: What Value Will The Market Reach By 2030?
The automotive radar market size has experienced substantial growth in recent years. It is anticipated to expand from $8.03 billion in 2025 to $9.36 billion in 2026, at a compound annual growth rate (CAGR) of 16.5%. The historical market expansion can be attributed to several factors: increasing vehicle safety regulations, greater adoption of ACC and AEB systems, a rise in passenger vehicle production, the initial integration of radar technology in premium vehicles, and enhancements in radar signal processing.
The automotive radar market size is projected to experience swift expansion in the upcoming years. This market is predicted to reach a value of $17.18 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 16.4%. This projected growth during the forecast timeframe is attributable to factors such as the expanding presence of autonomous vehicles, a surge in the need for sensor fusion platforms, the broadening production of electric vehicles, the increasing acceptance of 77 ghz and 79 ghz radar bands, and improvements in automotive semiconductor technologies. Key trends anticipated during this period encompass the wider implementation of advanced driver assistance systems, a growing incorporation of multi-mode radar sensors, an escalating requirement for high-frequency radar modules, the proliferation of radar-powered autonomous capabilities, and a heightened emphasis on the precision of object detection.
Get A Free Sample Report With In-Depth Market Insights:
Automotive Radar Market Demand Drivers Opening New Revenue Streams
The anticipated expansion of the automotive radar market is driven by the increasing incidence of road accidents. Road accidents encompass incidents resulting from traffic collisions, negligence, or other factors that cause injury or fatality to individuals involved. As a crucial sensor system, automotive radar contributes to collision prevention, along with identifying pedestrians and cyclists, and functions in conjunction with vision-based cameras, which aid in vehicle detection and accident reduction. For example, data released in January 2024 by Roads Australia, a national industry body in Australia dedicated to improving the nation’s road infrastructure and transport safety, indicated that road deaths in 2023 totaled 1,266 people. This represented an approximate 7.3 percent increase from the previous year’s figure. Consequently, the increase in road accidents acts as a catalyst for the growth of the automotive radar market.
Automotive Radar Market Segment Trends And Revenue Contributors
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 Powering Strategic Industry Growth
Leading companies in the automotive radar market are concentrating on utilizing collaborations, specifically strategic partnerships, to enhance innovation, advance technology development, and improve system integration for sophisticated driver assistance systems and autonomous vehicles. Strategic partnerships are cooperative agreements where companies merge complementary resources, technical expertise, and market access to jointly develop and commercialize advanced automotive technologies more efficiently and on a larger scale. For instance, in September 2023, Mobileye, an Israel-based autonomous driving company, formed a partnership with Valeo, a France-based automaker company. This partnership aims for Mobileye and Valeo to deliver top-tier, software-defined imaging radars for future driver assistance and automated driving features. Through this collaboration, they can swiftly introduce this promising new technology to automakers globally, thereby supporting the creation of more intelligent vehicles. Imaging radar will be crucial in the sensing systems for automated driving, acting as a key component for advanced hands-off ADAS solutions and eyes-off automated driving capabilities on highways and urban streets.
Automotive Radar Market Competitive Landscape: Which Companies Lead The Industry?
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.
View The Full Automotive Radar Market Report:
Automotive Radar Market Geographic Analysis: Where Is Demand Rising 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.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
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.
