© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Automotive Radar Market to cross $8.98 Bn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Automotive Radar Market Automotive Radar Market size is expected to reach USD 8.98 billion by 2024; according to a new research report by Global Market Insights, Inc. Favorable government initiatives that mandate the incorporation of safety and control systems into automobiles to reduce the number of road accidents and related casualties will drive demand. Growing sales of motor vehicles, especially luxury cars have significantly spurred revenue growth. Automotive Radar Market  High frequency radar systems in the 79GHz band tend to perform better than the standard 24 GHz and 76 GHz bands as they offer greater capability and reduces device size. Sensing technologies enable lane keeping, driver assistance and forward collision warning alerts.  China accounted for more than 45% of the overall Asia Pacific automotive radar market share in Growth across the region can be dedicated to potential automotive sales as well as production through  Germany automotive radar market size was valued is forecast to exceed USD 500 million by Existence of major automobile manufactures in the region will drive growth prospects. Industry Overview

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Automotive Radar Industry Size, By Application, 2015 & 2024 (USD Million) market.png

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key automotive radar market players are NXP, Infineon, and STM. Other major players in the industry include Valeo, ZF TRW Automotive, Texas Instruments, Hella, Robert Bosch, Fujitsu, Delphi Automotive, Denso, Autoliv, and Continental. Top Key Players

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