Trends, opportunities and forecast in automotive detection and ranging sensor technology market to 2024 by technology type (Imaging Sensors, Radar, Ultrasonic Sensors, and Lidar), by Applications (Blind Spot Detection, Adaptive Cruise Control, Parking Assistance/Pedestrian Detection, and Others Applications), and by region (North America, Europe, Asia Pacific, and the Rest of the World). #AutomotiveDetectionandRangingSensorMarket, #AutomotiveDetectionMarket, #AutomotiveRangingSensorMarket, #AutomotiveSensorMarket, #AutomotiveMarket, #AutomotiveDetectionandRangingSensor

1. Automotive Detection and Ranging Sensor Market
Report 2019-2024: Trends, Forecast and
Competitive Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by
Technology Type
Imaging Sensors, Radar, Ultrasonic Sensors, and Lidar
Market Segments by
Applications
Blind Spot Detection, Adaptive Cruise Control, Parking Assistance/Pedestrian
Detection, and Others Applications
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Continental AG, Delphi Automotive, Denso Corporation, Robert Bosch,
Magna International, Valeo, and ZF TRW Automotive and others.
Trend Growth Rate and CAGR 22.4%
Key Industry Forecast
The global automotive detection and ranging sensor market is expected to
reach US $46,821.5 Million by 2024 with a CAGR of 22.4% 2019 to 2024.
Key Industry Driver
Driver: Rising demand for object detection, high resolution target separation,
3D detection, and 3600 object recognition technologies are driving the
demand for the automotive radar market.
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3. Industry Overview
Market Size
• The global automotive detection and
ranging sensor market is expected to reach
US $46,821.5 Million by 2024 with a CAGR
of 22.4% 2019 to 2024.
• Development of long range radar with high
frequency, development of Lidar with non-
moving parts, and compact size ultrasonic
sensors are among the key emerging trends
that are likely to increase the level of demand
for the global automotive detection and ranging
sensor market for the forecast period.
Market Size (2024) $46,821.5 Million
CAGR (2019-24) 22.4%
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Industry Performance : Forecast