What are the Key Applications and Use Cases for Automotive Radar in the Market?
Indian End-of-Life Vehicle and Dismantling Market Research Report@ https://www.psmarketresearch.com/market-analysis/indian-end-of-life-vehicle-and-dismantling-market
Vehicles equipped with advanced driver-assistance systems (ADAS) require large number of radars, as these enable numerous automobile features. ADAS features like eye-tracking, virtual assistance, gesture recognition, natural language interface, virtual assistance, and speech recognition are extensively dependent on advanced radar systems.
Moreover, future developments in ADAS technology will propel the installation of radar-enabled detection units in the vehicles. Owing to this reason, the automotive radar market will progress at a CAGR of 8.4% during 2020–2030. According to P&S Intelligence, the market generated revenue of $5,839.0 million in 2019.
Moreover, surging deployment of long-range radars (LRRs) will supplement the market growth in the forecast period. LRR equipped automobiles can detect other vehicles and other foreign objects in their path, which are up to 150 meters away. This range is extremely wider than short- and medium-range radars. Hence, the improving object detection capabilities of LRRs are increasing their adoption in autonomous vehicles, as they assist in enhancing the safety features of the automobiles. In addition to safety features, the installation of LRRs offers comfort to the drivers while on road.
Indian End-of-Life Vehicle and Dismantling Market Research Report@ https://www.psmarketresearch.com/market-analysis/indian-end-of-life-vehicle-and-dismantling-market
Vehicles equipped with advanced driver-assistance systems (ADAS) require large number of radars, as these enable numerous automobile features. ADAS features like eye-tracking, virtual assistance, gesture recognition, natural language interface, virtual assistance, and speech recognition are extensively dependent on advanced radar systems.
Moreover, future developments in ADAS technology will propel the installation of radar-enabled detection units in the vehicles. Owing to this reason, the automotive radar market will progress at a CAGR of 8.4% during 2020–2030. According to P&S Intelligence, the market generated revenue of $5,839.0 million in 2019.
Moreover, surging deployment of long-range radars (LRRs) will supplement the market growth in the forecast period. LRR equipped automobiles can detect other vehicles and other foreign objects in their path, which are up to 150 meters away. This range is extremely wider than short- and medium-range radars. Hence, the improving object detection capabilities of LRRs are increasing their adoption in autonomous vehicles, as they assist in enhancing the safety features of the automobiles. In addition to safety features, the installation of LRRs offers comfort to the drivers while on road.
0
0 Reacties
0 Aandelen