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Radar Sensors Market Share

Statistics for the 2023 & 2024 Radar Sensors market share, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Radar Sensors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Radar Sensors Industry

The radar sensors market is fragmented due to the presence of many significant players. Some prominent players include Robert Bosch Gmbh, Lockheed Martin Corporation, NXP Semiconductors, Infineon Technologies, STMicroelectronics NV, and Continental AG.

  • January 2024: NXP Semiconductors NV launched an extension to its automotive radar one-chip family. The new SAF86xx seamlessly integrates a high-performance radar transceiver, a multi-core radar processor, and a MACsec hardware engine to facilitate cutting-edge secure data communication via Automotive Ethernet. This comprehensive system solution lays the groundwork for advanced, software-defined radar technology when coupled with NXP's S32 high-performance processors, vehicle network connectivity, and power management capabilities.
  • November 2023: Lockheed Martin Corporation announced that the US Air Force would launch its advanced TPY-4 radar for further evaluation following months of internal testing and tweaks at company facilities in rural New York. The software-defined sensor, capable of detecting and tracking everything from small drones to jets to ballistic missiles, is slated to replace the decades-old TPS-75 radar as part of the Three-Dimensional Expeditionary Long Range Radar effort, or 3DELRR.

Radar Sensors Market Leaders

  1. Robert Bosch GmbH

  2. Lockheed Martin Corporation

  3. NXP Semiconductors NV

  4. Infineon Technologies AG

  5. Denso Corporation

*Disclaimer: Major Players sorted in no particular order

Radar Sensors Market Concentration

Radar Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)