Automotive forward looking RADAR (Radio and Detection Ranging) is an obstacle or object detection device used to sense and trace objects in front of the vehicle. It offers reliable detection and monitors any object or vehicle that falls within the range of the radar. Automotive forward looking RADAR is an essential sensor of the advance driver assistance system (ADAS), which results in the preclusion of vehicle crash and chauffeur assistance. It functions by communicating a particular form of radio wave and then, detects the reverberation signals. Automotive forward looking RADAR is a key component of the adaptive cruise control, whose function is to maintain safe distance between vehicles to avoid frontal collisions.
Growing demand for active safety systems in automotive such advance driver assistance system is a key factor that is estimated to augment the automotive forward looking RADAR market during the forecast period. Stringent safety standards passed by automotive regulatory bodies across the world and encouragement for adoption of safety systems by New Car Assessment Program (NCAP) are projected to drive the automotive forward looking RADAR market during the forecast period. Automotive forward looking RADAR not only aids the vehicle in collision detection, crash avoidance, and mitigation, but also in cross traffic alert, blind spot detection (BSD), and pedestrian protection system. These features are expected to propel the demand for automotive forward looking RADAR during the prognosis period. The automotive industry is likely to witness an increase in demand for automotive forward looking RADARs due to decrease in number of accidents owing to the adoption of advance safety systems, which includes ACC and BSD, especially on highways and expressways. A faulty sensor or malfunction of electronic components results in inaccurate operation. This is likely to hamper the automotive forward looking RADAR market during the forecast period.
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The automotive forward looking RADAR can segmented based on range type, application, vehicle type, sales channel, and region. Based on range type, the automotive forward looking RADAR market can be divided into three segments. In terms of range type, the long range segment holds a major share of the market and is expected to maintain its dominant position during the forecast period. The long range segment expands the application in the vehicle. Long range RADARs are used for adaptive cruise control.
In terms of application, the automotive forward looking RADAR market can be bifurcated into adaptive cruise control, blind spot detection, pedestrian detection, and others. Adaptive cruise control segment accounts for a major share of the market, as compared to the other segments. Rising number of accidents, owing to increase in traffic flow, can be minimized by means of adaptive cruise control, which detects a slower moving vehicle in front and decelerates the speed of the vehicle, thereby avoiding front collision. This is estimated to augment the adaptive cruise control segment of the market during the forecast period.
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Based on vehicle type, the automotive forward looking RADAR market can be classified into two segments. Among them, the passenger vehicle segment accounts for a prominent share of the market. In hilly areas, distraction of the driver or anxiety while driving is likely to pose a threat to human life and can cause major damage to both passengers and vehicle. Such incidents are avoided by active safety systems, which are coupled with automotive forward looking RADAR, as they guide the car, thereby avoiding collision or accidents. The passenger vehicle segment is also expected to witness significant expansion owing to rising awareness about safety during the forecast period.
