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Automotive Radar Sensors Market

The global automotive radar sensors market is anticipated to grow at a CAGR of 20.4%

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Automotive Radar Sensors Market

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  1. Automotive Radar Sensors Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029) The global automotive radar sensors market is anticipated to grow at a CAGR of 20.4% during the forecast period. Automotive radar sensors are an active safety feature that warns a driver in the event of an imminent frontal collision. When the vehicle comes too close to another vehicle in front of it, a visual and audible signal occurs to alert the driver to the situation. It utilizes components and technologies such as radar sensors, LIDAR, and cameras to detect an imminent crash. Demand for automotive radar sensors is rising due to the increasing concern of society toward safety and forward collision system comes by default in autonomous vehicles. Moreover, the market is anticipated to expand at a remarkable pace due to the automation of the automotive industry. To Request a Sample of our Report on Automotive Radar Sensors Market https://www.omrglobal.com/request-sample/automotive-radar-sensors-market Several automotive manufacturers are providing numerous features in sensors even in small segmented cars to reduce the number of road accidents. For instance, in January 2022, Texas Instruments (TI) expanded its automotive offerings that can assist automakers to improve the advanced driver assistance systems (ADAS) sense objects. TI’s new AWR2944 radar sensor adds to the company’s extensive portfolio of analog and embedded processing products and technologies, giving automotive engineers more tools that can fuel vehicle innovation. The increased ability to quickly detect objects, monitor blind spots, and efficiently navigate turns and corners paves the way for automakers to achieve their vision of a collision-free future. In addition, in March 2022, dSPACE expanded its range of Automotive Radar Test Systems (DARTS) and launches a solution for automatic end-of-line testing of automotive radar sensors. The new test solution was developed in cooperation with NOFFZ Technologies GmbH. The modern end-of-line test system will be used especially in high-volume production and is based on the compact antenna test range (CATR) method. A full Report of Automotive Radar Sensors Market https://www.omrglobal.com/industry-reports/automotive-radar-sensors-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-   By Range By Application Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape – Aptiv, Continental AG, Denso Corp, Robert Bosch GmbH, Texas Instrument Inc., Infineon Technologies, and others. Key questions addressed by the report       What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? Who is the leader in the market? How are players addressing challenges to sustain growth? Where is the investment opportunity? Global Automotive Radar Sensors Market Report Segment By Nature    Short range Medium-Range Long-Range By Application   Forward Collision Warning System Intelligent Park Assist For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/automotive-radar-sensors-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

  2. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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