TMCnet News
Automotive Radar Sensors - Global Market Outlook (2017-2026) - ResearchAndMarkets.comThe "Automotive Radar Sensors - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. The Global Automotive Radar Sensors Market is expected to grow at a CAGR of 18.9% during the forecast period. Increase in number of RADAR sensors used per vehicle, rising government regulations for vehicle safety and increase in adoption of ADAS technology by OEMS and increased demand for premium segment vehicles are some of the key driving factors. However, the high cost of radar sensors and the corresponding technology is one of the key restraints of the market. Amongst applications, intelligent parking assistant segment will hold a significant share during the growth of the forecast period. North America estimated to be the largest market, by value, for automotive radar systems owing to the safety regulations in the region. Increased awareness towards safety features has lso fueled the demand in the region. Coverage
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/mctbnz/automotive_radar?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180625005441/en/ |