The Global Automotive RADAR Sensors Market Report includes a comprehensive analysis of the present market. The report starts with the basic Global Automotive RADAR Sensors Market overview and then goes into each and every detail.
Houston, TX -- (SBWIRE) -- 01/14/2019 -- Automotive radar sensors are used in various applications, such as autonomous braking, forward collision warning system, adaptive cruise control, lane departure warning, adaptive headlights, blind spot detection, and parking assistance. Major automakers across the globe Automotive RADAR Sensors Market started to integrate basic collision avoidance systems into their mass-market models. Owing to the increased number of road accidents, emphasis is on improved road safety regulations and laws for making vehicles safe for driving. Automotive radars are driver assistance systems that use sensors to detect the speed and range of objects in proximity of the vehicle.
The global Automotive RADAR Sensors market is forecast to grow at a CAGR of +21% during the period 2019-2025.
Some of the prominent factors influencing growth of the automotive radar sensors market are the increasing vehicle production globally and the need for enhancement of safety features. The demand for automotive radar sensors in the global market is estimated to grow with an incremental rate in the coming years. Owing to the increased number of road accidents globally, prominent emphasis is being given to improve road safety regulations and laws for making the automobiles safer for driving.
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Top Key Vendors in Market:
Analog Devices, Inc., Asahi Kasei Corporation, Autoliv Inc., Continental AG, Custom Sensors & Technologies, Inc., Delphi Automotive Systems, LLC, Denso Corporation, Ficosa International SA, ImageNext Co. Ltd., Infineon Technologies AG, Measurement Specialties, Inc, Sensata Technologies Holding N.V., STMicroelectronics SA, Texas Instruments, Inc. , Voxx International Corporation
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The significant regions that are concentrated on are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. For each of these key regions the report exposes critical information, consumption proportions, income streams, generation rates, market shares, and future expected patterns. The environmental dissection of the Automotive RADAR Sensors Market can help regional players determine their accomplishment rate in their regions.
Vehicle equipped with the intelligent parking assist system(IPAS) in-dash screen and button controls, the car can steer itself into a parking space with little input from the user. It has several outstanding characteristics, such as intelligent prompts for parking dynamic track, reading the data of original parking, giving reference to the car exact position itself.
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