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Global Automotive Radar Market to Reach $7.3 Billion by 2022: Growing Demand for Autonomous Vehicles - Research and Markets

[August 03, 2017]

Global Automotive Radar Market to Reach $7.3 Billion by 2022: Growing Demand for Autonomous Vehicles - Research and Markets

The "Global Automotive Radar Market By Vehicle Type (PC, LCV and M&HCV), By Application (ACC, FCWS, BSD, LDWS and PA), By Region (North America, Europe & CIS, APAC, MEA and South Africa), Competition Forecast & Opportunities, 2016-2022" report has been added to Research and Markets' offering.

The global automotive radar market is projected to reach $7.32 billion by 2022, on account of growing demand for autonomous vehicles and strict government regulations mandating inclusion of more automobile safety features.

Over the last few years, various vehicle OEMs have been working on the concept of fully autonomous passenger cars, and most OEMs believe that the commercial launch of these cars will be determined by the policy and regulatory framework apart from completion of technology inventions. The launch of these cars is expected to further boost demand for automotive radars, globally, during the forecast period.

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To gain an in-depth understanding of global automotive radar market
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