Europe Automotive Radar Market Assessment Covering Growth Factors and Upcoming Trends (2019-2025)

Europe is recognized as the birthplace of motor cars. Car production in the European region is not a new concept, with the automotive industry being one of the oldest sources of exports and employment. The strong foothold in the market is mainly attributed to the presence of a considerable number of automotive OEMs in the region, which is escalating the overall demand for automotive-related technologies, including the automotive radar system in the European countries. The region has witnessed high demands for premium cars compared to other segment vehicles, which is increasing the demand and adoption of ADAS and radar systems in the region.

Moreover, mandate legislation imposed by the European Commission and rating awarded by the Euro New Car Assessment Programme (NCAP) is further considered to be influencing the growth of the market. In addition, especially for radar, European Commission has mandated a “permanent” band at 79 GHz and is required to be made available in all EU member states, which is regarded as the foundation for the future development of the automotive radar market. However, factors such as high vehicle manufacturing cost and a ban on the use of radar detectors in some of the European countries are hampering the market.

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“Short and medium-range radar is expected to dominate the automotive radar market during the analyzed period.”

Based on the range of the radar, the market is segmented in Short Range Radar and Medium Range Radar and Long-Range Radar. In 2018, short and medium-range radar held the maximum revenue share and the same is expected to follow during the forecast period (2019-2025).

“Amongst applications, adaptive cruise control tends to conquer the market during the forecast period.”

Europe's automotive radar market is also categorized based on their application areas that include Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Intelligent Parking System (IPS), Blind Spot Detection (BSD), Collision Mitigation System (CMS) and others. Among such applications, adaptive cruise control held the largest market share of the global automotive radar market, followed by blind-spot detection and others.

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“Amongst frequency band, 2X GHz radar occupied the major market during the forecast period.”

Based on different frequency bands, the Europe automotive radar market is fragmented in 2X GHz and 7X GHz. In 2018, 2X GHz radar held the maximum market share however due to an increase in demand of 7X GHz radar, they are anticipated to be the fastest-growing and largest market by 2025.

“Amongst vehicle type, passenger cars ruled the automotive radar market during the forecast period.”

The study also analyses the Europe automotive radar market across different vehicle types that include passenger vehicles, luxury vehicles, and commercial vehicles. Among different vehicle types, passenger cars held the maximum share in 2018, however, due to an increase in demand for a radar system in high-end vehicles, the luxury vehicles segment is anticipated to be the fastest-growing market segment growing at a CAGR of 18.2% during the forecast period (2019-2025).

“Germany represents itself as one of the largest regions in terms of revenue sales for Europe Automotive Radar Market.”

A country-level segmentation for Europe automotive radar market is also incorporated in the study. The segment includes major countries such as Germany, France, the U.K, Spain, Russia, Italy and of Europe. Germany dominated the market in 2018 and was valued at US$ XX million, followed by the U.K and France. The presence of major automotive OEMs, component manufacturers, and favorable regulatory environment are some of the major factors attributed to Germany’s dominance in the European automotive radar market.

Competitive Landscape -Top 10 Market Players

Some of the major players profiled in the report include Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive Plc, Infineon Technologies AG, NXP Semiconductors NV, Valeo SA, Analog Devices Inc., Hella KGaA Hueck and Co, and Texas Instruments Inc.

The Europe Automotive Radar Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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The Europe Automotive Radar Market can be customized to the country level or any other market segment. Besides this, UnivDatos Market Insights (UMI) understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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