Automotive 4D Imaging Radar Market Size to Surpass USD 3.35 Billion in value by 2030, at CAGR of 25.36%

Redefining Vehicle Safety and Navigation with Real-time Data Acquisition, Processing, and Analysis for Adaptive and Predictive Driving Assistance.

LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 3, 2024 /EINPresswire.com/ -- “𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐓𝐡𝐚𝐭 𝐀𝐝𝐝𝐬 𝐅𝐥𝐚𝐯𝐨𝐮𝐫 𝐓𝐨 𝐘𝐨𝐮𝐫 𝐒𝐮𝐜𝐜𝐞𝐬𝐬”

The Automotive 4D Imaging Radar Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Radar is used in 4D imaging radar technology to provide three-dimensional images of objects as they move through space and time. This technology can be used for safety purposes, such as accident avoidance, to track the movement of people and vehicles. A potential new technique called 4D imaging radar produces high-resolution mapping for application in driverless cars. Currently, electric and semi-automatic vehicles with "Turn Assist" and "Adaptive Cruise Control" from Audi are popular because they can detect potential collisions using low-resolution radars. Higher automation, a broader field of view (FOV), a longer range, and all-weather visibility are among the new standards of 4D radar imaging that have been developed (rain, fog, dust, snowfall, and more).

The global automotive 4D imaging radar market is expected to grow from USD 0.69 Billion in 2023 to USD 3.35 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 25.36 % during the forecast period.

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DRIVING FACTORS

"Increased Usage by Government to Push Market Sales"

Government organizations like the transport research laboratory (TRL) in England have significantly increased the use of 4D imaging radar in recent years to improve road safety and provide a better understanding of driver behavior through data analysis from video recordings taken by these vehicles' cameras. Additionally, a number of businesses have been concentrating on creating cutting-edge products that can offer solutions for traffic monitoring and management, which are rising to prominence among other applications globally.

"Automotive Industries to Augment Market Growth"

The market is divided into automotive, aerospace and defense, industrial, security and surveillance, and traffic monitoring & management segments based on application. Due to the rising demand for 4D imaging radars from various governments and automakers to build roads and highways, the automotive industry held the highest automotive 4D imaging radar market share. Additionally, over the projected period, it is anticipated that increased regulatory emphasis on raising safety standards in all key markets, including North America and Europe, will increase product demand.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐚𝐫𝐞: Continental AG, ZF Friedrichshafen AG, Arbe Robotics, Aptiv, Steradian, Vayyar Imaging, Innoviz Technologies, Oculii, Hella Aglaia Mobile Vision GmbH, Smart Radar Systems, Blackmore Sensors and Analytics, Ainstein, Metawave Corporation, Texas Instruments, NXP Semiconductors, Infineon Technologies AG, Xilinx, RadSee, Uhnder, Zadar Labs and other Prominent players.

Recent Developments:

January 29, 2024: Arbe Robotics Ltd. a global leader in Perception Radar Solutions, today announces that its tier 1, HiRain Technologies, a leading provider of intelligent driving solutions to car manufacturers in China, announced that it will begin the mass production of state-of-the-art 4D Imaging Radars by the end of 2024.

May 02, 2023: NXP Semiconductors N.V. announced NIO Inc., a leading brand in the global premium smart electric vehicle market, will leverage NXP’s leading automotive radar technology, including its ground-breaking imaging radar solution. NXP’s latest 4D imaging radar solution is a powerful technology that allows benefits far beyond traditional radar.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐢𝐬 𝐚𝐧 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐢𝐬𝐬𝐮𝐞 𝐢𝐧 𝐚𝐧𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Automotive 4D Imaging Radar Market. The major and emerging players of the Automotive 4D Imaging Radar Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Automotive 4D Imaging Radar market.

𝐓𝐡𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐬 𝐚 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐬𝐭𝐮𝐝𝐲 𝐨𝐧 𝐤𝐞𝐲 𝐭𝐲𝐩𝐞 𝐚𝐧𝐝 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 Automotive 4D Imaging Radar 𝐦𝐚𝐫𝐤𝐞𝐭

Automotive 4D Imaging Radar Market by Type

MIMO Chip Cascade

Radar Chipset

Automotive 4D Imaging Radar Market by Frequency

24 GHz to 24.25 GHz

21 GHz to 26 GHz

76 GHz to 77 GHz

77 GHz to 81 GHz

Automotive 4D Imaging Radar Market by Range

Short Range Radar

Medium Range Radar

Long Range Radar

Automotive 4D Imaging Radar Market by Vehicle Type

Passenger Cars

Commercial Vehicles

Electric Vehicles (EVs)

Autonomous Vehicles (AVs)

Others

Automotive 4D Imaging Radar 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬/𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝐑𝐞𝐠𝐢𝐨𝐧 𝐞𝐧𝐜𝐥𝐨𝐬𝐞𝐝 𝐚𝐫𝐞: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent

𝐂𝐨𝐮𝐧𝐭𝐫𝐲 𝐋𝐞𝐯𝐞𝐥 𝐁𝐫𝐞𝐚𝐤-𝐔𝐩: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.

"North America to Dominate the Market Due to Growing Use of Radars"

In terms of revenue share, North America dominated the global 4D imaging radar market. The expansion can be ascribed to the growing use of these radars in a variety of industries, including security and surveillance, traffic monitoring and management, among other uses. For instance, over 80% of all automobiles would, on average, have some type of active safety system by the end, predicts a recent study by the North American Free Trade Agreement (NAFTA) Research Center at UT-Austin, Texas.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐐𝐮𝐞𝐫𝐲, 𝐕𝐢𝐬𝐢𝐭 @

https://exactitudeconsultancy.com/reports/41439/automotive-4d-imaging-radar-market/

𝐇𝐞𝐫𝐞'𝐬 𝐡𝐨𝐰 𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐡𝐞𝐥𝐩𝐬 𝐭𝐡𝐞 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐗𝐎𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:

𝐈𝐧𝐜𝐮𝐥𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

𝐏𝐞𝐫𝐟𝐞𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧𝐬: The report analyses the demographics, growth potential, and capability of the Automotive 4D Imaging Radar market through the forecast period.

𝐓𝐡𝐢𝐬 𝐟𝐚𝐜𝐭𝐨𝐫 𝐥𝐞𝐚𝐝𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 Automotive 4D Imaging Radar market size and also provides an outline about how the market will retrieve growth during the assessment period.

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: The report focuses on the ongoing and upcoming investment opportunities across a particular Automotive 4D Imaging Radar market that will help the stakeholders to be aware of the current investment scenario across the market.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐧𝐞𝐰 𝐢𝐧 𝟐𝟎𝟐𝟒?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Automotive 4D Imaging Radar market.

- Updated financial information and product portfolios of players operating in the Automotive 4D Imaging Radar  market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Automotive 4D Imaging Radar.

𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

- Country level market for Automotive 4D Imaging Radar market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.

Please contact our sales professional ( sales@exactitudeconsultancy.com ),  we will ensure you obtain the report which works for your needs.

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