Global Automotive Radar Market Outlook 2023-2033: Key Trends and Growth Opportunities

The Global Automotive Radar Market Size is Anticipated to Exceed USD 13.87 Billion by 2033, Growing at a CAGR of 12.96% from 2023 to 2033. Automotive Radar refers to radar systems that are specifically designed and implemented for use in vehicles, primarily for advanced driver assistance systems (ADAS) and autonomous driving applications. Radar (Radio Detection and Ranging) is a technology that uses radio waves to detect the presence, distance, speed, and direction of objects in the surrounding environment. Automotive Radar is a critical sensor for accident avoidance, vehicle and pedestrian avoidance, and other purposes. Vehicles use higher frequency radar systems with frequencies ranging from 77 GHz to 81 GHz (79 GHz band) for the detection of pedestrians and brake assistance systems.