Increased Road Accidents to Trigger the Demand for Automotive Radar Sensors Market
Overview Radar sensors extensively use Frequency Modulated Continuous Wave (FMCW) radar in order to detect stationary or moving objects. They are generally used for collision avoidance and other technology-driven safety features and are also used to detect distance and speed of the vehicle to prevent accidents. The use of radar sensors will help to minimize road accidents, thereby increasing driver safety. Automotive radar sensors market have witnessed a tectonic surge over the past few years due to advancing technology, surging need for safety, and strict mandates from the government. The radar sensors technology is highly dependent on the growth of the automotive industry. The growing production of commercial and passenger vehicles is predicted to impact the growth of the automotive radar sensor market positively. In 2015, the overall production of four-wheeler was 90 million units and was anticipated to surpass 100 million units by 2020. The growing number of safety fea...