"Navigating the Road Ahead: A Comprehensive Automotive Radar Market Analysis"
The automotive radar market is anticipated to expand its roots at a steady CAGR of 13.2% between 2023 and 2033. The market is expected to have a market share of US$ 18.0 billion by 2033, while it is likely to be valued at US$ 5.2 billion in 2023 The expanding automotive industry and the dynamic research and development around vehicle safety and security are garnering market growth. Furthermore, new features like autonomous driving, blind spot detection, and parking aid are expected to add value to the market. New radar systems are advancing sensory technology and are likely to reach LiDAR performance levels. Level 3 autonomous vehicles require an effective radar system to function with ease. Alongside this, the guided parking assist is garnering market growth. Unlock growth potential with industry expertise. Download your market sample report now: https://www.futuremarketinsights.com/reports/sample/rep-gb-1967 The surge in people buying cars with ADAS and autonomous...