Press Release

Radar Sensors Market to Benefit from the Presence of Several Large Scale Companies Across the World

Top Players in Radar Sensor Market include Robert Bosch GmbH (Germany), Continental AG (Germany), Infineon Technologies AG (Germany), DENSO CORPORATION (Japan), ZF Friedrichshafen AG (Germany), HELLA GmbH & Co. KGaA (Germany), Lockheed Martin Corporation (US), s. m. s. smart microwave sensors GmbH (Germany), Oculi Corp (US), SICK AG (Germany), Socionext America Inc. (US)

The global radar sensor market size is projected to reach USD 35.88 billion by the end of 2026. The increasing applications of the product across diverse industry verticals will aid market growth. According to a report published by Fortune Business Insights, titled “Radar Sensor Market Size, Share & Industry Analysis, By Type (Pulse Radar, Continuous-Wave Radar, Radar Altimeter, and Others), By Range (Short-range, Medium-Range, and Long-Range), By Application (Advanced driver assistance systems (ADAS), Monitoring and Communication, Security and Surveillance, Traffic Monitoring, Environment, and Weather Monitoring, Hump Yard and Rail Crossing, Health Monitoring, and Others), By Vertical (Automotive, Aerospace and Defence, Healthcare, Maritime, Manufacturing, Oil and Gas, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 8.57 billion and will exhibit a CAGR of 19.7% during the forecast period, 2019-2026.

List of companies that are operating in the Radar Sensor Market include:

  • Robert Bosch GmbH (Germany)
  • Continental AG (Germany)
  • Infineon Technologies AG (Germany)
  • DENSO CORPORATION (Japan)
  • ZF Friedrichshafen AG (Germany)
  • HELLA GmbH & Co. KGaA (Germany)
  • Lockheed Martin Corporation (US)
  • s. m. s. smart microwave sensors GmbH (Germany)
  • Oculi Corp (US)
  • SICK AG (Germany)
  • Socionext America Inc. (US)

 

Request a Sample Copy for more detailed Radar Sensor Market Overview: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/radar-sensor-market-102605

Europe Currently Holds the Highest Market Share; Presence of Several Large Scale Companies Will Aid Growth

The report analyses the ongoing radar sensor market trends across North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Europe currently holds the highest market share. The increasing product applications across diverse industry verticals will aid the growth of the regional market. As of 2018, the market in Europe was worth USD 2.94 billion and this value is projected to increase further in the coming years. Besides Europe, the market in North America will witness considerable growth.

Industry Developments:

March 2017 – ZF Friedrichshafen AG announced that it has completed the acquisition of a 45 percent stake in Astyx Communication & Sensors GmbH. Through this acquisition, the company will look to utilize Astyx’s attractive range of sensors for several applications.

Major Table of Content for Radar Sensor Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  6. North America Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  9. Middle East and Africa Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Radar Sensor Market Analysis, Insights and Forecast, 2015-2026
  11. Competition Matrix
  12. Global Radar Sensor Market Revenue Share Analysis, 2018
  13. Company Profiles (For Key 10 Players)

Complete TOC Available Here

Purchase Full Report for Exclusive Radar Sensor Market Growth Forecast –  https://www.fortunebusinessinsights.com/checkout-page/102605

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
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Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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