Future U.S. Automotive Radar Market: Key Dynamics, Size & Share Analysis
The U.S. Automotive Radar Market size was valued at around USD 1.82 billion in 2024 and is projected to reach USD 4.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.15 % during the forecast period, i.e., 2025-30. The increasing penetration of advanced autonomous vehicles has significantly boosted the demand for Automotive radar in the US. With the advancement in automotive technologies, vehicle owners are more inclined towards automobiles equipped with sophisticated features. As a result, the auto OEMs are introducing features such as adaptive cruise control, Lane Departure Warning Systems, Traffic Jam Assist, etc., to maintain their competitive edge in the market. For instance, lane-keeping assistance was available on about 50% of newly sold vehicles in the United States by the end of 2024. This trend underscores the importance of radar technology in enhancing vehicle safety and driving market growth.
Top Market Challenges Impacting the U.S. Automotive Radar Market Growth
High Prevalence of Road Accidents Creating Intensive Demand – The rising number of road accidents in the United States is largely accountable for the high demand for automotive radar. More than half of all road traffic deaths in the country are among pedestrians, cyclists, and riders, with over 20% fatalities and the highest concentration in urban areas.
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Understanding the Core Segments in the U.S. Automotive Radar Market
U.S. Automotive Radar Market Size, Share & Industry Trends Analysis- By Range (Short Range Radar, Medium Range Radar, Long Range Radar), By Propulsion Type (Internal Combustion Engine [ICE)], Electric), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Frequency (2X-GHz System, 7X-GHz System), By Application (Adaptive Cruise Control, Automatic Emergency Braking, Blind Spot Detection, Forward Collision Warning System, Intelligent Parking Assistant, Cross Traffic Alerts, Lane Departure Warning Systems, Traffic Jam Assist) and others.
Geographical Analysis of the U.S. Automotive Radar Market
By Region
- South
- North East
- Midwest
- West.
Who Dominates the U.S. Automotive Radar Market Insights on Key Industry Players?
Companies are strengthening their presence in the U.S. Automotive Radar market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Aptiv
- Autoliv Inc.
- Veoneer
- Valeo SA
- Delphi Automotive Company
- NXP Semiconductors NV
- HELLA GmbH & Co. KGaA
- Texas Instruments Incorporated
- ZF Friedrichshafen AG
- Infineon Technologies AG
- Renesas Electronics Corporation
- Analog Devices, Inc.
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