The global automotive radar market comprises radar transmitters and receivers that assist drivers via sophisticated sensing technologies. Automotive radars are key components of safety and driver assistance systems such as adaptive cruise control, blind spot monitoring, and automatic emergency braking. The growing demand for enhanced safety features and shifting consumer preference towards...
The global Automotive radar market is estimated to be valued at US$ 4.40 billion in 2023 and is expected to exhibit a CAGR of 10.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:The Automotive radar market refers to the market for radar-based automotive systems used in driver assistance and collision avoidance...