The Global Automotive Ultrasonic Radar Market Size was estimated at USD 606.75 million in 2023 and is projected to reach USD 957.51 million by 2029, exhibiting a CAGR of 7.90% during the forecast period.
The USA market for Global Automotive Ultrasonic Radar Market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Automotive Ultrasonic Radar Market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Automotive Ultrasonic Radar Market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Report Overview:
The sensor is the eye of the car, throughout the driverless.At present, we are still in the phase of assisted driving and semi-automatic driving, the loading rate of ADAS is accelerating, and the market demand for automatic and intelligent parking, cameras, millimeter wave radar, night vision, ultrasonic radar and other sensors are entering a period of rapid growth.In the past few years, automotive ultrasonic sensors have been greatly developed. In 2018, the production of automotive ultrasonic sensors reached about 3.39 million. By 2025, the global production of automotive ultrasonic radar will reach about 6 million.Europe is the largest producer, followed by North America.In 2018, Europe produced about 29 percent of global production, North America about 24 percent, and Japan about 21 percent.In terms of the consumer market, Europe and China are the world's largest consumer markets. In 2018, Europe consumed 27% of global consumption, China about 25% of global consumption, and North America about 21% of global consumption.In terms of product types, the business modes of automotive ultrasonic sensors can be divided into OEM mode and AM mode. OEM mode refers to the mode of directly providing parts and accessories for the vehicle manufacturers, and AM mode refers to the mode of market sales for after-sales service market, that is, maintenance, replacement and upgrading of auto parts.OEM accounts for 85% of the market;From the perspective of product application, automotive ultrasonic sensors can be used in passenger cars and commercial vehicles, and passenger cars are the main application field.Major global automotive ultrasonic sensor companies include: Valeo, Bosch, Nicera, Murata, Audiowell, Coligen (China) Corp. and other multinational companies, which account for about 80% of the global market.Valeo accounts for about 30 per cent, with Bosch in second place.
This report provides a deep insight into the global Automotive Ultrasonic Radar market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porters five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automotive Ultrasonic Radar Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Ultrasonic Radar market in any manner.
Global Automotive Ultrasonic Radar Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Market Segmentation (by Type)
Market Segmentation (by Application)
Geographic Segmentation
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Automotive Ultrasonic Radar Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
Report Attributes | Report Details |
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Report Title | Global Automotive Ultrasonic Radar Market Research Report 2024(Status and Outlook) |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 113 Pages |
Customization Available | Yes, the report can be customized as per your need. |
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