Radar Sensor Market size was valued at USD 13.0 billion in 2022 and is poised to grow from USD 14.95 billion in 2023 to USD 45.73 billion by 2031, growing at a CAGR of 15.0% during the forecast period (2025-2032).

Radar Sensor Market Driver

• Nowadays, technology has advanced to the point where it is primarily concerned with safety and security requirements in a variety of applications such as vehicle collision assistance, industrial and public safety, and robotic assistance which is driving the market growth. As a result, radar sensors are used because they provide accuracy and unique safety and security solution capabilities with superior performance. Low-power consumption, small size, integrated data processing, and faster response time are all possible with these radar sensors. These sensors are now commercially available in applications like automotive, transportation, home automation, energy efficiency, industrial, and public safety.

• The primary role of these sensors in an automotive application is in collision avoidance systems, blind spot detection, adaptive cruise control, advanced driver assistance systems, and lane departure warning systems. Proactive safety features such as collision mitigation systems and vulnerable road user detection are now possible thanks to technological advancements. To provide essential functions for a car's safety, the system must distinguish between objects on the road more clearly. As a result, the system necessitates increased bandwidth and narrow band frequency ranges in the 24GHz and 76GHz bands.

Radar Sensor Market Restraint

• A radar sensor can be installed in a vehicle while it is being manufactured, and the vehicle can then be sold in almost any country. It can be purchased separately by an individual and misused, resulting in accidents and casualties is one of the restraint in market growth. As a result, it is illegal in some countries, and violating this may result in fines, device seizure, or both. Radar detectors are prohibited in a variety of situations. There are numerous checkpoints on a military base to ensure that radar detectors are strictly prohibited. This problem applies to both visible and hidden detectors. These sensors are not permitted in commercial vehicles weighing 10,000 pounds or more. Some countries have already enacted legislation prohibiting the use of detectors. Wireless Telegraphy Act 1949 (the UK) and Communications Act of 1934 are two supporting acts that prohibit the use of detectors (the US). Except in Western Australia, radar detectors are illegal in all states. Radar detectors are illegal in Newfoundland and Labrador, Nova Scotia, Prince Edward Island, New Brunswick, Quebec, Ontario, Manitoba, Yukon, Northwest Territories, and Nunavut. Radar sensors in private vehicles are only legal in the United States under the Communications Act of 1934. Radar detectors are also prohibited in the UAE, Switzerland, Saudi Arabia, the Netherlands, North Korea, India, France, and Brazil.