Latin America Market Insights on Automotive Radar: Insights and Forecast, 2019-2025: 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)
- UNI4065866
- 142 Pages
- August 2019
- Automotive and Transportation
Market Segmentation
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). 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.
The study further includes the segmentation across different frequency bands that include 24 GHz and 77 GHz. Between 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.
Top Companies Profiled:
Some of the major players profiled in the report include Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive Plc, Infineon Technologies AG, NXP Semiconductors NV, Valeo SA, Analog Devices Inc., Hella KGaA Hueck and Co, and Texas Instruments Inc.
Reasons to buy the Report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The Latin America Automotive Radar Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
1.1 Market Definition 11
1.2 Objective of the Study 11
1.3 Limitation 11
1.4 Stakeholders 11
1.5 Currency used in the Report 12
2. RESEARCH METHODOLOGY OR ASSUMPTION 13
2.1 Secondary Data 13
2.1.1 Key Secondary Sources 13
2.2 Primary Data 13
2.2.1 Sampling Techniques & Data Collection Methods 13
2.2.2 Primary Participants 13
3. REGULATORY FRAMEWORK 14
3.1.1 General Overview 14
6.2.1.2 Brazil Regulation for Automotive Radar 14
6.2.1.3 Argentina Regulation for Automotive Radar 14
6.2.1.4 Chile Regulation for Automotive Radar 14
4. INDUSTRY PERFORMANCE 15
5. EXECUTIVE SUMMARY 17
6. MARKET OVERVIEW 19
6.1 Market Dynamics 20
6.1.1 Market Drivers 20
6.2.1.1 Increasing Number of Thefts and Accidents of Vehicles 20
6.2.1.2 Growing Middle Class Economy 21
6.2.1.3 Commencement of Various Auto Programs 23
6.1.2 Market Restraints 23
6.2.1.4 High taxation rates 23
6.2.1.5 Excessive Cost of Production 23
6.1.3 Opportunities in the Market 24
6.2.1.6 Brazil: Automotive Manufacturing and Sales HUB 24
6.2.1.7 Currency Depreciation & Foreign Direct Investment (FDI) 24
6.2.1.8 Low Penetration in Emerging Economies 25
6.2 Key Market Indicators (Demand & Supply scenario) 25
6.2.1 Demand and Supply Side Analysis 25
7. MARKET INSIGHTS, BY RADAR RANGE 27
7.1 General Overview 27
7.1.1 Short Range Radar & Mid-Range Radar (S&MRR) 28
7.1.2 Long Range Radar (LRR) 29
8. MARKET INSIGHTS, BY APPLICATION 30
8.1 General Overview 30
8.1.1 Adaptive Cruise Control 31
8.1.2 Autonomous Emergency Braking 32
8.1.3 Intelligent Parking Systems 33
8.1.4 Blind Spot Detection 34
8.1.5 Collision Mitigation System 35
8.1.6 Others Applications 36
9. MARKET INSIGHTS, BY FREQUENCY BAND 38
9.1 General Overview 38
9.1.1 2X-GHz 39
9.1.2 7X-GHz 40
10. MARKET INSIGHTS, BY VEHICLE TYPE 42
10.1 General Overview 42
10.1.1 Passenger Vehicle 43
10.1.2 Luxury Vehicles 44
10.1.3 Commercial Vehicles 45
11. MARKET INSIGHTS, BY COUNTRY 47
11.1 General Overview 47
11.1.1 Latin America Automotive Radar market, by Country 47
11.1.2 Brazil Automotive Radar Market 48
6.2.1.9 Brazil Automotive Radar Market, by Radar Range 48
6.2.1.10 Brazil Automotive Radar Market, by Application 49
6.2.1.11 Brazil Automotive Radar Market, by Frequency Band 50
6.2.1.12 Brazil Automotive Radar Market, by Vehicle Type 50
11.1.3 Argentina Automotive Radar Market 51
6.2.1.13 Argentina Automotive Radar Market, by Radar Range 51
6.2.1.14 Argentina Automotive Radar Market, by Application 52
6.2.1.15 Argentina Automotive Radar Market, by Frequency Band 52
6.2.1.16 Argentina Automotive Radar Market, by Vehicle Type 53
11.1.4 Chile Automotive Radar Market 53
6.2.1.17 Chile Automotive Radar Market, by Radar Range 54
6.2.1.18 Chile Automotive Radar Market, by Application 55
6.2.1.19 Chile Automotive Radar Market, by Frequency Band 55
6.2.1.20 Chile Automotive Radar Market, by Vehicle Type 56
11.1.5 Rest of Latin America Automotive Radar Market 57
6.2.1.21 Rest of LA Automotive Radar Market, by Radar Range 57
6.2.1.22 Rest of LA Automotive Radar Market, by Application 57
6.2.1.23 Rest of LA Automotive Radar Market, by Frequency Band 58
6.2.1.24 Rest of LA Automotive Radar Market, by Vehicle Type 59
12. COMPETITIVE SCENARIO 60
12.1 Latin America Automotive Radar Market Share Analysis, 2017 60
13. COMPANY PROFILES 61
13.1 Continental AG 61
13.1.1 Key Facts 61
13.1.2 Business Description 61
13.1.3 Key Product/Services Offerings 62
13.1.4 Growth Strategy 62
13.1.5 SWOT Analysis 63
13.1.6 Key Financials 63
13.1.6.1 Revenue Split 64
13.1.7 Recent developments 65
13.2 Robert Bosch GmbH 66
13.2.1 Key Facts 66
13.2.2 Business Description 66
13.2.3 Key Product/Services Offerings 67
13.2.4 Growth Strategy 67
13.2.5 SWOT Analysis 68
13.2.6 Key Financials 68
13.2.6.1 Revenue Split 69
13.2.7 Recent developments 70
13.3 Denso Corporation 71
13.3.1 Key Facts 71
13.3.2 Business Description 71
13.3.3 Key Product/Services Offerings 71
13.3.4 Growth Strategy 72
13.3.5 SWOT Analysis 73
13.3.6 Key Financials 73
13.3.6.1 Revenue Split 74
13.3.7 Recent developments 75
13.4 Delphi Automotive Plc 76
13.4.1 Key Facts 76
13.4.2 Business Description 76
13.4.3 Key Product/Services Offerings 77
13.4.4 Growth Strategy 77
13.4.5 SWOT Analysis 78
13.4.6 Key Financials 78
13.4.6.1 Revenue Split 80
13.4.7 Recent developments 80
13.5 Infineon Technologies AG 81
13.5.1 Key Facts 81
13.5.2 Business Description 81
13.5.3 Key Product/Services Offerings 82
13.5.4 Growth Strategy 83
13.5.5 SWOT Analysis 83
13.5.6 Key Financials 84
13.5.6.1 Revenue Split 85
13.5.7 Recent developments 85
13.6 NXP Semiconductors NV 86
13.6.1 Key Facts 86
13.6.2 Business Description 86
13.6.3 Key Product/Services Offerings 87
13.6.4 Growth Strategy 88
13.6.5 SWOT Analysis 88
13.6.6 Key Financials 89
13.6.6.1 Revenue Split 90
13.6.7 Recent developments 90
13.7 Valeo SA 91
13.7.1 Key Facts 91
13.7.2 Business Description 91
13.7.3 Key Product/Services Offerings 92
13.7.4 Growth Strategy 92
13.7.5 SWOT Analysis 93
13.7.6 Key Financials 93
13.7.6.1 Revenue Split 94
13.7.7 Recent developments 95
13.8 Analog Devices Inc. 96
13.8.1 Key Facts 96
13.8.2 Business Description 96
13.8.3 Key Product/Services Offerings 97
13.8.4 Growth Strategy 97
13.8.5 SWOT Analysis 98
13.8.6 Key Financials 98
13.8.6.1 Revenue Split 99
13.8.7 Recent developments 100
13.9 Hella KGaA Hueck and Co 101
13.9.1 Key Facts 101
13.9.2 Business Description 102
13.9.1 Key Product/Services Offerings 102
13.9.2 Growth Strategy 103
13.9.3 SWOT Analysis 104
13.9.4 Key Financials 104
13.9.4.1 Revenue Split 105
13.9.5 Recent developments 106
13.10 Texas Instruments Inc. 107
13.10.1 Key Facts 107
13.10.2 Business Description 107
13.10.3 Key Product/Services Offerings 108
13.10.4 Growth Strategy 108
13.10.5 SWOT Analysis 109
13.10.6 Key Financials 109
13.10.6.1 Revenue Split 110
13.10.7 Recent developments 111
TABLE 1 Continental AG Key Facts 60
TABLE 2 Products segmentation of Continental AG 61
TABLE 3 Continental AG Growth Strategy 61
TABLE 4 Robert Bosch key facts 65
TABLE 5 Products segmentation of Robert Bosch 66
TABLE 6 Bosch Growth Strategy 66
TABLE 7 Denso Corporation Key Facts 70
TABLE 8 Products segmentation of Denso Corporation 70
TABLE 9 Denso Corporation Growth Strategy 71
TABLE 10 Delphi Automotive key facts 75
TABLE 11 Products Segmentation of Delphi Automotive 76
TABLE 12 Delphi Growth Strategy 76
TABLE 13 Infineon Technologies AG key facts 80
TABLE 14 Products segmentation of Infineon Technologies AG 81
TABLE 15 Infineon Technologies Growth Strategy 82
TABLE 16 NXP Semiconductors NV key facts 85
TABLE 17 Products segmentation of NXP Semiconductors NV 86
TABLE 18 NXP Growth Strategy 87
TABLE 19 Valeo SA key facts 90
TABLE 20 Products Segmentation of Valeo SA 91
TABLE 21 Valeo Growth Strategy 91
TABLE 22 Analog Devices Inc. Key Facts 95
TABLE 23 Products Segmentation of Analog Devices Inc. 96
TABLE 24 Analog Devices Growth Strategy 96
TABLE 25 Hella KGaA Hueck key facts 100
TABLE 26 Products segmentation of Hella KGaA Hueck 101
TABLE 27 Hella KGaA Growth Strategy 102
TABLE 28 Texas Instruments Key Facts 106
TABLE 29 Products segmentation of Texas Instruments 107
TABLE 30 Texas Instruments Growth Strategy 107
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