Automotive

Evolve DataBank Releases 2023-2035 Market Study, Highlighting the Surge in 77 GHz Technology, ADAS Mandatory Mandates, and a Phenomenal 35.77% CAGR.

The global automotive sector is undergoing its most radical safety transformation in decades, with the automotive RADAR market projected to grow from USD 9.29 billion in 2024 to USD 277.71 billion by 2035. According to the latest exhaustive research by Evolve DataBank, the industry is maintaining an extraordinary CAGR of 35.77%, driven by the mass proliferation of Advanced Driver Assistance Systems (ADAS), stringent global safety regulations, and the fundamental shift toward autonomous and semi-autonomous mobility.

The report identifies the 77 GHz frequency band as the dominant technological enabler due to its superior resolution and detection capabilities, while Adaptive Cruise Control (ACC) remains the largest application segment. Geographically, North America remains a dominant power hub fueled by decisive government mandates from agencies like the NHTSA. Meanwhile, Asia-Pacific is identified as the fastest-growing region, with robust vehicle production and improving safety standards in China and India driving a surge in RADAR sensor integration.

Institutional-Grade Intelligence Now Accessible for US$99 In an industry-first move to democratize high-tier automotive and sensor research, Evolve DataBank is making its professional-grade 2023-2035 automotive RADAR data suite available for just US$99. This report provides granular data across ranges (Long, Medium, Short), frequencies (24 GHz, 77 GHz), vehicle types (Passenger, Commercial), and critical ADAS applications including AEB, BSD, and Intelligent Park Assist.

For instant access to the full forecast and segmentation data, visit: https://evolvedatabank.com/ProductMaster/ProductDataDisplay/automotive-radar-market-analysis

“RADAR has become the essential ‘eyes’ of the modern vehicle, providing mission-critical sensing that works in all weather conditions where cameras often fail,” says the Senior Analyst at Evolve DataBank. “By offering our in-depth analysis at a US$99 price point, we are empowering startups, tier-1 suppliers, and independent analysts to access the same institutional-level data used by global industry leaders like Continental, Bosch, and Denso.”

Key Highlights of the Automotive RADAR Market Report:
• Frequency Transition Surge: Detailed analysis of the rapid industry shift from 24 GHz to 77-79 GHz bands to achieve high-resolution object detection.
• ADAS Regulatory Impact: Evaluation of how mandatory Autonomous Emergency Braking (AEB) and Forward Collision Warning mandates are making RADAR standard equipment.
• Autonomous Driving Evolution: In-depth look at the role of multi-sensor fusion-combining RADAR with LiDAR and Cameras-for level 3 and level 4 autonomy.
• Regional Dynamics: Comprehensive breakdown of the massive manufacturing scaling in Southeast Asia and the sustained innovation leadership in the United States and Germany.

Sign up to Evolve DataBank for instant access to market reports and industry analysis across all covered verticals: https://evolvedatabank.com/Menu/UserSignup

Evolve DataBank Powered By Evolve Business Intelligence
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Evolve Data Bank, powered by Evolve Business Intelligence, is a premier online platform offering highly granular, data-driven market insights across diverse global verticals. We are the strategic partner for businesses, analysts, and researchers seeking reliable, actionable market intelligence.

Our comprehensive data bank covers critical sectors including Automotive & Transportation, Aerospace and Defence, Chemical and Materials, Construction And Manufacturing, Electronics and Semiconductor, and essential service industries like Life Science, Consumer Goods & Retail, BFSI, Food & Beverages, Information & Communication Technology, and Energy & Power.

Redefining Industry Access: Committed to democratizing high-tier market research, Evolve DataBank now offers its professional-grade data suites at a market-disrupting entry point of just US$99. By removing the traditional financial barriers to institutional-level intelligence, we empower startups, SMEs, and independent analysts to make data-backed decisions with the same precision as global enterprises.

This release was published on openPR.