APAC Automotive Radar Market Size, Share & Forecast Analysis to 2030

Future APAC Automotive Radar Market: Key Dynamics, Size & Share Analysis

The APAC Automotive Radar Market size was valued at around USD 2.69 billion in 2024 and is projected to reach USD 12.99 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 31% during the forecast period, i.e., 2025-30. This market growth can be attributed to factors such as a rise in demand for Advanced Driving Assistance Systems (ADAS), the growing demand for autonomous vehicles, stringent safety regulations, the expansion of the automobile industry, and several others. Due to these factors, a rise in the sales of automotive radars is observed.

Top Market Driver Impacting the APAC Automotive Radar Market Growth

Increasing Adoption of ADAS in Vehicles Driving Market Demand – Integration of technological advancements such as LiDAR, ultrasonic sensors, cameras, etc., in the automobiles has revolutionized the industry. Advanced Driving Assistance System (ADAS) operates on these advancements, primarily radar sensors, due to their accuracy. Thus providing a smooth driving experience to the drivers. ADAS automates the vehicle and prevents accidents as it has an automated braking system that operates on the radar sensors. The radar sensors analyze the surroundings of the vehicle through the Doppler effect and alert the driver, hence ensuring vehicle safety.

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Understanding the Core Segments in the APAC Automotive Radar Market

APAC Automotive Radar Market Size, Share & Industry Trends Analysis- By Range (Short Range Radar, Medium Range Radar, Long Range Radar), By Propulsion (Internal Combustion Engine (ICE), Electric), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, [Light Commercial Vehicles, Heavy Commercial Vehicles]), By Frequency (24 GHz System, 77 GHz System, 81 GHz System), By Application (Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Detection, Forward Collision Warning System, Intelligent Parking Assistance, Cross Traffic Alerts, Lane Departure Warning Systems, Traffic Jam Assistance, Others), and others

Geographical Analysis of the APAC Automotive Radar Market

By Country

China
Japan
India
South Korea
Thailand
Australia
Rest of Asia-Pacific.

Who Dominates the APAC Automotive Radar Market Insights on Key Industry Players?

Companies are strengthening their presence in the APAC Automotive Radar market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

Robert Bosch GmbH
Continental AG
Denso Corporation
Aptiv
Autoliv Inc.
Veoneer
Valeo SA
NXP Semiconductors NV
HELLA GmbH & Co. KGaA
Texas Instruments Incorporated
ZF Friedrichshafen AG
Others.

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