Market Overview:
The global commercial and off-highway vehicle radar market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced safety features in vehicles, rising awareness about advanced driver assistance systems (ADAS), and the growing adoption of autonomous driving technology. The global commercial and off-highway vehicle radar market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 24-GHz radar sensors and 77-81 GHz radar sensors. The 24-GHz sensor segment is expected to hold a larger share of the global commercial and off-highway vehicle radar market than the 77-81 GHz sensor segment duringthe forecast period owing to its low cost and high performance characteristics.
Product Definition:
Commercial and Off-highway Vehicle Radar is a system that uses radar to detect the presence of vehicles in front of or beside a commercial or off-highway vehicle. The system alerts the driver when a vehicle is detected, providing an extra level of safety while driving.
24-GHz:
24-GHz is a term used for the band which means two thousand four hundred GHz. It's a range of radio frequencies between 0.1 and 10 GHz, commonly 24G refers to the spectrum between 24GHz and 30GHz.
77-81 GHz:
77-81 GHz is a part of the microwave band used in radar systems for detection and ranging of objects. It has high penetration power which can penetrate cloud and rain to an extent. The frequency ranges from 77 to 81 GHz are used by different radars for different applications.
Application Insights:
The passenger cars segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The introduction of advanced driver-assistance systems (ADAS) has led to a significant increase in demand for radar-based safety features, such as adaptive cruise control, lane departure warning system and forward collision warning system. Furthermore, government initiatives such as traffic management systems are expected to boost product demand over the forecast period.
Radar-based active safety features have been introduced in several luxury vehicles across the world that offer enhanced protection against accidents and road debris by providing an early warning signal before impact with an obstacle or another vehicle. These ADAS solutions provide drivers with a better understanding of their surroundings by enabling them to avoid potential accidents through emergency braking or steering wheel movement alert functions when it comes time to take evasive action due to lack of visibility ahead.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to stringent regulations by the government agencies, such as National Highway Traffic Safety Administration (NHTSA), Federal Motor Carrier Safety Administration (FMCSA), and Department of Transportation (DOT). Moreover, increasing demand for commercial vehicles in various applications including freight transportation and delivery vans is anticipated to drive regional growth. Asia Pacific also presents lucrative opportunities for radar manufacturers owing to increasing sales of commercial vehicles in countries such as India, China, Japan, South Korea & Australia among others are expected drive regional growth over the next eight years.
Europe accounted for more than 20% share of overall revenue in 2017 owing to high demand from passenger cars application segmentationally across major markets including Germany and U.K.
Growth Factors:
- Increasing demand for commercial and off-highway vehicles
- Growing awareness about the benefits of using radar systems in these vehicles
- Rising number of accidents involving commercial and off-highway vehicles
- Technological advancements in radar systems that improve their performance and accuracy
- Government regulations mandating the use of collision avoidance systems in commercial and off-highway vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial and Off-highway Vehicle Radar Market Research Report
By Type
24-GHz, 77-81 GHz
By Application
Passenger Cars, Light Commercial Vehicles, Medium & Heavy Commercial Vehicles
By Companies
Bosch, Continental AG, Aptiv, Denso Corporation, Infineon Technologies AG, Hella, Veoneer, Valeo, ZF, Hitachi, Nidec Elesys, National Instruments, Konrad GmbH, NOFFZ Technologies, Anritsu Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Commercial and Off-highway Vehicle Radar Market Report Segments:
The global Commercial and Off-highway Vehicle Radar market is segmented on the basis of:
Types
24-GHz, 77-81 GHz
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Light Commercial Vehicles, Medium & Heavy Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Continental AG
- Aptiv
- Denso Corporation
- Infineon Technologies AG
- Hella
- Veoneer
- Valeo
- ZF
- Hitachi
- Nidec Elesys
- National Instruments
- Konrad GmbH
- NOFFZ Technologies
- Anritsu Corporation
Highlights of The Commercial and Off-highway Vehicle Radar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 24-GHz
- 77-81 GHz
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial and Off-highway Vehicle Radar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial and off-highway vehicle radar is a technology that uses radio waves to detect objects in the air or on the ground. These devices can be used for a variety of purposes, including traffic enforcement, navigation, and search and rescue.
Some of the major companies in the commercial and off-highway vehicle radar market are Bosch, Continental AG, Aptiv, Denso Corporation, Infineon Technologies AG, Hella, Veoneer, Valeo, ZF, Hitachi, Nidec Elesys, National Instruments, Konrad GmbH, NOFFZ Technologies, Anritsu Corporation.
The commercial and off-highway vehicle radar market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial and Off-highway Vehicle Radar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial and Off-highway Vehicle Radar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial and Off-highway Vehicle Radar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial and Off-highway Vehicle Radar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial and Off-highway Vehicle Radar Market Size & Forecast, 2018-2028
4.5.1 Commercial and Off-highway Vehicle Radar Market Size and Y-o-Y Growth
4.5.2 Commercial and Off-highway Vehicle Radar Market Absolute $ Opportunity
Chapter 5 Global Commercial and Off-highway Vehicle Radar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
5.2.1 24-GHz
5.2.2 77-81 GHz
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial and Off-highway Vehicle Radar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Medium & Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial and Off-highway Vehicle Radar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial and Off-highway Vehicle Radar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial and Off-highway Vehicle Radar Analysis and Forecast
9.1 Introduction
9.2 North America Commercial and Off-highway Vehicle Radar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
9.6.1 24-GHz
9.6.2 77-81 GHz
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Medium & Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial and Off-highway Vehicle Radar Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial and Off-highway Vehicle Radar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
10.6.1 24-GHz
10.6.2 77-81 GHz
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Medium & Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial and Off-highway Vehicle Radar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial and Off-highway Vehicle Radar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
11.6.1 24-GHz
11.6.2 77-81 GHz
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Medium & Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial and Off-highway Vehicle Radar Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial and Off-highway Vehicle Radar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
12.6.1 24-GHz
12.6.2 77-81 GHz
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Medium & Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial and Off-highway Vehicle Radar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial and Off-highway Vehicle Radar Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial and Off-highway Vehicle Radar Market Size Forecast by Type
13.6.1 24-GHz
13.6.2 77-81 GHz
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial and Off-highway Vehicle Radar Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Medium & Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial and Off-highway Vehicle Radar Market: Competitive Dashboard
14.2 Global Commercial and Off-highway Vehicle Radar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Continental AG
14.3.3 Aptiv
14.3.4 Denso Corporation
14.3.5 Infineon Technologies AG
14.3.6 Hella
14.3.7 Veoneer
14.3.8 Valeo
14.3.9 ZF
14.3.10 Hitachi
14.3.11 Nidec Elesys
14.3.12 National Instruments
14.3.13 Konrad GmbH
14.3.14 NOFFZ Technologies
14.3.15 Anritsu Corporation
