Press Release

United States ADAS Radar Systems Market is expected to grow at a robust CAGR of 13.6% through 2029

The rising demand for advanced driver-assistance systems (ADAS) in the United States to enhance vehicle safety and reduce accidents is fueling the growth of radar systems within the market during the forecast period


According to TechSci Research report,United States ADAS Radar Systems Market – By Region, Competition, Forecast and Opportunities, 2019-2029F”, United States ADAS Radar Systems Market has valued at USD 1.5 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 13.6% through 2029.

Collaborations and partnerships among automotive manufacturers, technology companies, and radar system suppliers play a pivotal role in shaping the U.S. ADAS radar systems market. Strategic alliances enable the pooling of expertise, resources, and technological capabilities, fostering innovation and the development of cutting-edge radar systems. Such collaborations also facilitate the integration of radar technologies into a wide range of vehicles, from entry-level models to high-end luxury cars, thereby expanding the market reach and accessibility of ADAS radar systems to a broader consumer base. These partnerships leverage collective strengths to accelerate the deployment of radar-based safety solutions, driving market growth and fostering technological advancements in the automotive sector.

Cybersecurity and data privacy emerge as critical challenges in the U.S. ADAS radar systems market. The increasing connectivity and data exchange capabilities within modern vehicles make them susceptible to cybersecurity threats. Radar systems, being an integral part of the vehicle's sensor suite, gather and transmit sensitive data related to the vehicle's surroundings and operation. Safeguarding this data from potential cyberattacks, unauthorized access, or manipulation poses a significant challenge for automakers and technology providers. Ensuring robust cybersecurity measures, implementing encryption protocols, and establishing stringent data privacy practices to protect consumer information while maintaining the efficacy of radar-based systems remain pressing concerns in the rapidly evolving automotive landscape.


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Based on Vehicle Type, the Passenger Vehicle segment emerged as the dominant force in the United States ADAS Radar Systems Market, and this trend is projected to persist throughout the forecast period. Passenger cars have been at the forefront of integrating ADAS radar systems as consumers have demanded advanced safety features and automakers have focused on providing advanced driver assistance technologies. Factors such as increasing consumer safety awareness combined with regulatory initiatives requiring safety features have accelerated the adoption of radar-based ADAS systems in passenger cars. In addition, technological advances and cost optimization have allowed automakers to incorporate these systems into a wide variety of cars, from entry-level sedans to luxury cars. The proliferation of radar sensors in passenger cars is further fueled by a growing trend for automakers to differentiate their models with advanced safety features, including adaptive cruise control, pre-collision warning systems, and automatic emergency braking, all of which rely heavily on radar technology. In addition, the growth in the production and sales of electric vehicles (EV) and hybrid vehicles in the passenger car segment has also contributed to the increased integration of ADAS radar systems, which corresponds to the industry's focus on developing safer and technologically advanced electric. and autonomous vehicles. vehicles vehicles With continued efforts by automakers to prioritize safety and the continued development of radar-based ADAS technologies adapted to passenger cars, this segment is expected to maintain its dominance in the US market and strengthen its position as the leading vehicle driver. ADAS radar system environment growth.


Key market players in the United States ADAS Radar Systems Market are: -

  • Continental AG
  • Robert Bosch LLC
  • Aptiv PLC
  • Veoneer Inc.
  • Denso Corporation
  • Valeo SE
  • Texas Instruments Incorporated
  • Infineon Technologies AG
  • ZF Friedrichshafen AG
  • NXP Semiconductors NV

 

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“The focus on automotive radar miniaturization and integration represents a prominent trend in the U.S. ADAS radar systems market. Efforts are underway to develop compact and integrated radar modules that occupy minimal space within vehicles while maintaining optimal performance. Miniaturization of radar sensors enables their seamless integration into different areas of the vehicle, such as bumpers, side mirrors, or grille, without compromising aesthetics or aerodynamics. Advancements in packaging and manufacturing technologies contribute to the production of cost-effective, smaller, and more efficient radar systems. This trend aligns with the automotive industry's pursuit of sleeker vehicle designs while ensuring the ubiquitous deployment of radar-based safety features across various vehicle segments, thereby catering to consumer demands for both functionality and aesthetics”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

United States ADAS Radar Systems Market By Vehicle Type (Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), Passenger Vehicle), By System Type (Blind Spot Detection, Parking Assistance, Lane Departure Warning System, Autonomous Emergency Braking, Intelligent Headlights, Adaptive Cruise Control, Heads-up Display), By Component (Radar, Lidar, Sensors, Camera), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of United States ADAS Radar Systems Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States ADAS Radar Systems Market.


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