Published Date: 2021-07-14
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North American Radar Sensors Market size is poised to cross USD 7.5 billion By 2027, according to a latest forecast report by Graphical Research.
Increasing adoption of advanced assistance driver systems (ADAS) and advanced parking assistance application in the coming vehicles will drive the market growth. These sensors use echolocation and principle of time for detecting the position of an object in extreme environment conditions such as fog, darkness, heavy rain, and others; thereby, enhancing the performance and safety systems. Various market players are focusing on developing new innovative technologies, such as 4D imaging radar, which will accelerate the market potential for radar sensors in coming years. For instance, in January 2019, Arbe company launched an automotive 4D imaging radar as a Phoenix series product, which doubles the radar sensitivity and offers superior separation of stationary and moving objects in real time. Further in2021, the company announced that 4D imaging radar solution will be available on NVIDIA drive platform.
The pulse radars segment will grow with a CAGR of 14% in the forecast timeline. The growth is driven with the rising adoption from aerospace & defense sectors to efficiently determine the target distance of more than 200 nautical miles. The pulse radar sensor offers improved signal to noise ratio and appropriate measurement of velocity and range for multiple objects. These features will increase the adoption of pulse radar for guide weapons and target recognition in missile systems. The market players are continuously inclined towards new product innovations and R&D activities to accelerate the performance of pulse radar. For example, integration of doppler filters in pulse radar will enhance the product quality standard with improved accuracy, range resolution, and reject unwanted echoes. These features will boost the radar sensor adoption in guide space vehicles to track observe planetary, satellites, and monitor meteors.
Browse detailed statistical insights from the report, “North America Radar Sensor Market Forecast 2027 By Range (Short-range Radar Sensor, Medium-range Radar Sensor, Long-range Radar Sensor), By Type (Imaging Radar {Continuous Wave (CW) Radar, Pulse Radar}, Non-Imaging Radar {Speed Gauge, Radar Altimeter}), By Application (Automotive, Aerospace & Defense, Industrial, Government & Public Infrastructure), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1887/north-america-radar-sensor-market
The U.S. radar sensors industry held over 90% revenue share in 2020 credited to the rising government intervention towards the adoption of various security systems and surveillance cameras to ensure public security. The region defense sector is also more inclined towards the adoption of these commercial technologies for surveillance applications and integration in various aircrafts and military weapons. This will drive the market potential for radar sensor in the regional aerospace & defense sector. In March 2020, Northrop Grumman Corporation has announced the development of its new adaptable multi-mission radar sensor to target drones for the U.S. Army air force base in Florida. These new 3D radar will deliver high performance in counter fire target, air surveillance, weapon cueing, among others.
The North American radar sensors market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million & shipments in units from 2016 to 2027 for the following segments:
North America Market, By Type
North America Market, By Range
North America Market, By Application
The above information has been provided for the following countries:
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