Latin America Market Insights on Automotive Radar: Insights and Forecast, 2018-2024 Emphasis on Radar Range (Short Range Radar & Mid-Range Radar (S&MRR), Long Range Radar (LRR)), Applications(Adaptive Cruise Control, Autonomous Emergency Braking, Intelligent Parking Systems, Blind Spot Detection, Collision Mitigation System, Others)
- UNI2844756
- 108 Pages
- September 2018
- Automotive and Transportation
LATAM Automotive radar market is segmented based on the range of the radars that includes short and medium range radar (S&MRR) and long range radar (LRR). The short-range radar (SRR) system primarily operates at the 24 GHz frequency band and requires a large bandwidth ranging from 3-5 GHz. The Long-range radar (LRR) operates at 77-81 GHz frequency band and showcase the promising future in automotive radar market. In 2017, S&MRR segment dominated over LRR and was valued at $61.26 million however LRR is anticipated to be the fastest growing market with a CAGR of 32.8% during the forecast period (2018-2024).
Based on different application areas, the market is categorized as Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Intelligent Parking System (IPS), Blind Spot Detection (BSD), Collision Mitigation System (CMS) and others. Among these application areas, adaptive cruise control is expected to be the largest market during the forecast period. On the other hand, the market value of autonomous emergency braking application is anticipated to be the fastest growing during the forecast period. Adaptive Cruise control is a luxury feature that allows vehicles cruise control system to adapt the vehicles speed to the traffic environment. The system can increase or decrease the car’s speed to maintain a safer distance
The study further includes the segmentation across different frequency bands that include 24 GHz and 77 GHz. The 24 GHz is a frequency band which is used in automotive radar. It is a vital component of Short range radar which is primarily being used for basic smart driving features such as blind spot detection and collision avoidance system. During 2014 to 2020, 22 GHz segment dominated the market. However from 2021, the market value of 77 GHz radars is anticipated to exceed the market of 24 GHz radar and reach $303.69 million by 2024.
LA automotive radar market is also fragmented across different vehicle types that include passenger vehicles, luxury vehicles and commercial vehicles. In 2017, passenger vehicles segment dominated the market and was valued at $61.21 million and is projected to reach $XX million by the end of forecast period. Adding to this, the increase in demand of radar systems in the luxury vehicles segment is expected to propel the luxury vehicles segment making it the fastest growing market during the forecast period.
For an in-depth understanding of the LA automotive radar market, the market is further segmented across different countries that are Brazil, Argentina, Chile and Rest of LA. In 2017, Brazil dominated Latin America automotive radar market in 2017 and is expected to remain dominant during the forecast period.
Some of the major players profiled in the report include Continental AG, Robert Bosch GmbH, Denso Corporation, Aptiv Plc, Infineon Technologies Inc., NXP Semiconductors NV, Valeo SA, Analog Devices Inc., Hella KGaA Hueck & Co and Texas Instruments Inc. These players are entering into several competitive strategies (partnerships, merger-acquisitions, joint venture, new product launch, business expansion and others) with each other or other supplier or automotive OEMs to strengthen their position in the market.
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 REGULATORY FRAMEWORK
2.1 General Overview
2.1.1 United Arab Emirates Regulation for Automotive Radar
2.1.2 Saudi Arabia Regulation for Automotive Radar
2.1.3 Chile Regulation for Automotive Radar
3 RESEARCH METHODOLOGY OR ASSUMPTION
3.1 Secondary Data
3.1.1 Key Secondary Sources
3.2 Primary Data
3.2.1 Sampling Techniques & Data Collection Methods
3.2.2 Primary Participants
4 INDUSTRY PERFORMANCE
5 EXECUTIVE SUMMARY
6 MARKET OVERVIEW
6.1 Introduction
6.1.1 Automotive Radar Market
6.2 Market Dynamics
6.2.1 Market Drivers
6.2.1.1 Increasing Number of Thefts and Accidents of Vehicles
6.2.1.2 Growing Middle Class Economy
6.2.1.3 Commencement of Various Auto Programs
6.2.2 Market Restraints
6.2.2.1 High taxation rates
6.2.2.2 Excessive Cost of Production
6.2.3 Opportunities in the Market
6.2.3.1 Brazil: Automotive Manufacturing and Sales HUB
6.2.3.2 Currency Depreciation & Foreign Direct Investment (FDI)
6.3 Key Market Indicators (Demand & Supply scenario)
6.3.1 Demand and Supply Side Analysis
7 MARKET INSIGHT, BY SENSOR TYPE
7.1 General Overview
7.1.1 Millimetre Wave Radar
7.1.2 Ultrasonic Radar
7.1.3 LiDAR
7.1.4 Camera
8 MARKET INSIGHTS, BY RADAR RANGE
8.1 General Overview
8.1.1 Short Range Radar & Mid-Range Radar (S&MRR)
8.1.2 Long Range Radar (LRR)
9 MARKET INSIGHTS BY APPLICATIONS
9.1 General Overview
9.1.1 Adaptive Cruise Control
9.1.2 Autonomous Emergency Braking
9.1.3 Intelligent Parking Systems
9.1.4 Blind Spot Detection
9.1.5 Collision Mitigation System
9.1.6 Others
10 MARKET INSIGHTS BY FREQUENCY BAND
10.1 General Overview
10.1.1 24-GHz
10.1.2 77-GHz
11 MARKET INSIGHTS BY VEHICULAR TYPE
11.1 General Overview
11.1.1 Passenger Vehicle
11.1.2 Luxury Vehicles
11.1.3 Commercial Vehicles
12 MARKET INSIGHTS BY COUNTRY
12.1 General Overview
12.1.1 Brazil Automotive Radar Market
12.1.1.1 Brazil Automotive Radar Market, by Sensor Type
12.1.1.2 Brazil Automotive Radar Market, by Radar Range
12.1.1.3 Brazil Automotive Radar Market, by Application
12.1.1.4 Brazil Automotive Radar Market, by Frequency Band
12.1.1.5 Brazil Automotive Radar Market, by Vehicle Type
12.1.2 Argentina Automotive Radar Market
12.1.2.1 Argentina Automotive Radar Market, by Sensor Type
12.1.2.2 Argentina Automotive Radar Market, by Radar Range
12.1.2.3 Argentina Automotive Radar Market, by Application
12.1.2.4 Argentina Automotive Radar Market, by Frequency Band
12.1.2.5 Argentina Automotive Radar Market, by Vehicle Type
12.1.3 Chile Automotive Radar Market
12.1.3.1 Chile Automotive Radar Market, by Sensor Type
12.1.3.2 Chile Automotive Radar Market, by Radar Range
12.1.3.3 Chile Automotive Radar Market, by Application
12.1.3.4 Chile Automotive Radar Market, by Frequency Band
12.1.3.5 Chile Automotive Radar Market, by Vehicle Type
12.1.4 Rest of Latin America Automotive Radar Market
12.1.4.1 Rest of Latin America Automotive Radar Market, by Sensor Type
12.1.4.2 Rest of Latin America Automotive Radar Market, by Radar Range
12.1.4.3 Rest of Latin America Automotive Radar Market, by Application
12.1.4.4 Rest of Latin America Automotive Radar Market, by Frequency Band
12.1.4.5 Rest of Latin America Automotive Radar Market, by Vehicle Type
13 COMPETITIVE SCENARIO
13.1 Latin America Automotive Radar Market Share, 2017
14 COMPANY PROFILES
14.1 Continental AG
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Key Product/Services Offerings
14.1.4 Growth Strategy
14.1.5 SWOT Analysis
14.1.6 Key Financials
14.1.6.1 Revenue Split by Region
14.1.6.2 Revenue Split by Product or others
14.1.7 Recent developments
14.2 Robert Bosch GmbH
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Key Product/Services Offerings
14.2.4 Growth Strategy
14.2.5 SWOT Analysis
14.2.6 Key Financials
14.2.6.1 Revenue Split by Region
14.2.6.2 Revenue Split by Product or others
14.2.7 Recent developments
14.3 Denso Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Key Product/Services Offerings
14.3.4 Growth Strategy
14.3.5 SWOT Analysis
14.3.6 Key Financials
14.3.6.1 Revenue Split by Region
14.3.6.2 Revenue Split by Product or others
14.3.7 Recent developments
14.4 Delphi Automotive Plc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Key Product/Services Offerings
14.4.4 Growth Strategy
14.4.5 SWOT Analysis
14.4.6 Key Financials
14.4.6.1 Revenue Split by Region
14.4.6.2 Revenue Split by Product or others
14.4.7 Recent developments
14.5 Infineon Technologies AG
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Key Product/Services Offerings
14.5.4 Growth Strategy
14.5.5 SWOT Analysis
14.5.6 Key Financials
14.5.6.1 Revenue Split by Region
14.5.6.2 Revenue Split by Product or others
14.5.7 Recent developments
14.6 NXP Semiconductors NV
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Key Product/Services Offerings
14.6.4 Growth Strategy
14.6.5 SWOT Analysis
14.6.6 Key Financials
14.6.6.1 Revenue Split by Region
14.6.6.2 Revenue Split by Product or others
14.6.7 Recent developments
14.7 Valeo SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Key Product/Services Offerings
14.7.4 Growth Strategy
14.7.5 SWOT Analysis
14.7.6 Key Financials
14.7.6.1 Revenue Split by Region
14.7.6.2 Revenue Split by Product or others
14.7.7 Recent developments
14.8 Analog Devices Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Key Product/Services Offerings
14.8.4 Growth Strategy
14.8.5 SWOT Analysis
14.8.6 Key Financials
14.8.6.1 Revenue Split by Region
14.8.6.2 Revenue Split by Product or others
14.8.7 Recent developments
14.9 Hella KGaA Hueck and Co
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Key Product/Services Offerings
14.9.4 Growth Strategy
14.9.5 SWOT Analysis
14.9.6 Key Financials
14.9.6.1 Revenue Split by Region
14.9.6.2 Revenue Split by Product or others
14.9.7 Recent developments
14.10 Texas Instruments Inc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Key Product/Services Offerings
14.10.4 Growth Strategy
14.10.5 SWOT Analysis
14.10.6 Key Financials
14.10.6.1 Revenue Split by Region
14.10.6.2 Revenue Split by Product or others
14.10.7 Recent developments
TABLE 1 Continental AG Key Facts
TABLE 2 Products segmentation of Continental AG
TABLE 3 Continental AG Growth Strategy
TABLE 4 Continental AG Financials, USD Million
TABLE 5 Robert Bosch key facts
TABLE 6 Products segmentation of Robert Bosch
TABLE 7 Bosch Growth Strategy
TABLE 8 Robert Bosch Financials, USD Million
TABLE 9 Denso Corporation Key Facts
TABLE 10 Products segmentation of Denso Corporation
TABLE 11 Denso Corporation Growth Strategy
TABLE 12 Denso Corporation Financials, USD Million
TABLE 13 Delphi Automotive key facts
TABLE 14 Products Segmentation of Delphi Automotive
TABLE 15 Delphi Growth Strategy
TABLE 16 Delphi Automotive Financials, USD Million
TABLE 17 Infineon Technologies AG key facts
TABLE 18 Products segmentation of Infineon Technologies AG
TABLE 19 Infineon Technologies Growth Strategy
TABLE 20 Infineon Technologies AG Financials, USD Million
TABLE 21 NXP Semiconductors NV key facts
TABLE 22 Products segmentation of NXP Semiconductors NV
TABLE 23 NXP Growth Strategy
TABLE 24 NXP Semiconductors NV Financials, USD Million
TABLE 25 Valeo SA key facts
TABLE 26 Products Segmentation of Valeo SA
TABLE 27 Valeo Growth Strategy
TABLE 28 Valeo SA financials, USD Million
TABLE 29 Analog Devices Inc. Key Facts
TABLE 30 Products Segmentation of Analog Devices Inc.
TABLE 31 Analog Devices Growth Strategy
TABLE 32 Analog Devices Financials, USD Million
TABLE 33 Hella KGaA Hueck key facts
TABLE 34 Products segmentation of Hella KGaA Hueck
TABLE 35 Hella KGaA Growth Strategy
TABLE 36 Hella KGaA Hueck Financials, USD Million
TABLE 37 Texas Instruments Key Facts
TABLE 38 Products segmentation of Texas Instruments
TABLE 39 Texas Instruments Growth Strategy
TABLE 40 Texas Instruments Financials, USD Million
Similar Reports
The project logistics market in India is pegged at INR 200 bn in 2010 and is growing at a CAGR of 20%. Rapid core infrastructure development along with investment planned by the Government of India and private players will drive the project logistics market. The report begins with an introduction to the project logistics market in India, describing the types of cargo being transported and share...
- Publish Date: January 3, 2011
- $950
The luxury car market is expected to witness strong growth with rising number of foreign players planning expansions in the market. Growing number of young entrepreneurs in India inclined to drive luxury cars is brining about healthy demand for such cars. The report provides a brief overview of the automotive market in India, the production of passenger vehicles over years and the segmented share...
- Publish Date: January 5, 2011
- $950
In India, car accessories is a new concept which has gained popularity in recent times with growing usage of high end cars. The market can be divided into interior and exterior car accessories. In the Indian market, interior car accessories are more popular. The growing youth is providing a fillip to the market due to their perceptions and preferences. Although small cars are preferred by Indian c...
- Publish Date: January 28, 2011
- $950
