Major Players - Automotive Radar Industry

Jun, 2023 - by CMI

Major Players - Automotive Radar Industry

It is anticipated that an increase in the incidence of automobile collisions, as well as an increase in consumer desire for more advanced safety, comfort, and convenience systems, will fuel expansion in the automotive radar market. For example, the World Health Organization (WHO) estimates that there were 1.25 million vehicle accidents reported worldwide in 2013. Of these, around 93% of road traffic deaths were reported in nations with low to moderate incomes, and over 50 million individuals were injured as a result of road accidents. Radar sensors are responsible for collecting critical information like as range, angle, and Doppler velocity. This information is then used to analyze the driving scenario and notify drivers regarding probable collisions in order to avoid blind spot crashes. Therefore, automotive radars improve safety, reduce the danger of road accidents, and contribute to the management of road traffic. This, in turn, pushes car manufacturers to include more complex radar systems into vehicles. As a result of these reasons, it is anticipated that the market for Automotive Radar will expand at a rapid rate in the not-too-distant future.

Leading Companies in the Automotive Radar Industry:

1. Denso Corporation.

Denso Corporation,.was founded in 1949 and its headquarter in Kariya, Aichi, Japan. The company operates in 35 countries. In2022 DENSO Develops Global Safety Package 3 to Improve Vehicle Sensing. – Package combines a millimeter-wave radar sensor and vision sensor.

2. Robert Bosch GmbH

Robert Bosch GmbH ,founded in 1886, and it’s located in Gerlingen, Germany. The company operates in 150 countries..

3. Infineon Technologies AG,

Infineon Technologies AG,was launch in 1999 and it’s headquarter located in Neubiberg, Germany.it operate over 50 country .

 4. HELLA KGaA Hueck & Co

HELLA KGaA Hueck & Co was launch in 1899 and it’s headquarter located in Lippstadt, Germany.it operate over 35 country

5. Texas Instruments Incorporated (TI)

Texas Instruments Incorporated (TI)  founded in 1930, with its headquarters in Dallas, Texas. .With businesses in over 40 countries

Definition- Automotive radars are used for detecting objects on the road and sensing distances between vehicles in real-time.

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