The automotive
detection and ranging sensor market has undergone significant change in recent
years, with automotive detection technology evolving from short range object detection
to long range object detection. The rising wave of imaging, radar, lidar, and
ultrasonic sensors is creating potential for new detection and ranging sensor applications,
which is driving the demand for the automotive detection and ranging sensor
market.
In the automotive
detection and ranging sensor market, various detection technologies, such as imaging,
radar, LIDAR, and ultrasonic sensors, are used in blind spot detection,
adaptive cruise control, parking assistance, and pedestrian detection systems. Growing
electronics content per vehicle, increasing demand for autonomous vehicles, and
high investment by automotive OEMs for passenger safety are creating new opportunities
for various automotive detection and ranging sensor technologies.
Lucintel,
a leading global management consulting and market research firm with over 1,000
clients worldwide, has analyzed the technologies used in the automotive detection and ranging sensor market
and has now published a comprehensive research report titled “Technology
Trends in the Global Automotive Detection and Ranging Sensor Market 2019-2024”. This report analyzes technology maturity,
degree of disruption, competitive intensity, market potential, and other
parameters of various technologies in the automotive detection and ranging
sensor market.
Lucintel’s study has found that the total market size of automotive detection and
ranging sensors was $13.6 billion in 2018, and it is forecast to grow at 22% CAGR
from 2019 to 2024. Imaging sensor technology is the largest segment of the
automotive detection and ranging sensor market, and LIDAR technology is witnessing
an above average growth.
Emerging
technology trends, which have a direct impact on the dynamics of the industry,
include development of long range radar with high frequency, development of Lidar
with non-moving parts, and compact size ultrasonic sensors. Continental AG,
Delphi Automotive, Denso Corporation, Robert Bosch, Magna International, Valeo,
and ZF TRW Automotive are among the major technology providers in the automotive
detection and ranging sensor market.
The Lucintel report serves as a catalyst for
growth, as it provides a comprehensive data and analysis on trends, key
drivers, and directions. The study includes trends and forecast for the global automotive
detection and ranging sensor market by application, technology, and region as
follows:
By Technology
Type [$M shipment analysis from 2013 to 2024]:
·
Imaging Sensors
o
By
Type
– Monocular
Camera
– Stereo
Camera
– Night
Vision Camera
·
Radar
o
By Frequency
– 24 GHz
– 77 GHz
– 79 GHz
o
By Range
– Short
Range
– Mid-Range
– Long
Range
·
Ultrasonic Sensors
o
By Type
– Sonar
– Object
Detection
·
Lidar
o
By Type
– Mechanical
Lidar
– Static
and Flash Lidar
o
By Range
– Short
Range
– Mid-Range
– Long
Range
By Application
[$M shipment analysis from 2013 to 2024]:
·
Blind Spot Detection
·
Adaptive Cruise Control
·
Parking Assistance/Pedestrian Detection
·
Others Applications
o
Automated Braking System
o
Lane Change Assistance
o
Rear Collision Warning
o
Traffic Signal Assistance
By Region [$M shipment analysis from 2013 to 2024]:
·
North America
– United
States
– Canada
– Mexico
·
Europe
– United
Kingdom
– Germany
– France
·
Asia Pacific
– Japan
– China
– South
Korea
– India
·
The Rest of the World
This
145-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings
include Mass
Transportation, Transportation
Market Report, Opportunity
Screening and Analysis, Capital
Investment Feasibility and SWOT Analysis.
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