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Radar for defense and air navigation driver#
Growing demand for advanced driver assistance systems in commercial and passenger vehicles will continue boosting sales. Radar technology used in semi-autonomous and autonomous vehicles facilitates lane changing, cruise control, and offers enhanced safety and navigation features. Increasing adoption of radar in the automotive sector is expected to bode well for the market. These systems are used in diverse applications such as weather monitoring and military surveillance systems where high precision scanning is of paramount importance. Various organizations are actively investing in 3D radar systems, especially in marine and meteorological applications. Radar Market Outlook 2022-2028 in Comparison to 2017-2021ĭemand in the radar market is expected to increase at a 10% CAGR over the forecast period, in comparison with the 8.4% CAGR registered between 20. Thus, the increasing adoption of radar systems in automotive and defense industry is driving the market growth positively. Increase in demand for radar systems in military applications such as it is used in aircraft navigation, air defense, air traffic control, and weather detection is the major factor driving the market growth. The BPS change: H1, 2022 (O) over H1,2021 (A) shows growth of +20 units. The equipment placed in automotive supports in several applications, like cruise control and lane changing. The reason for the growth of BPS values is, the increase in the utilization of radar system in the automotive industry as it improves safety features in passenger cars and other transport systems increase the radar market growth. Radar can work in unfavorable conditions like fog, rain, and dust and is capable to cover long range together with close distance.Īccording to the Future Market Insights analysis, the BPS values interpreted in the radar market in H1,2022-(O) (Outlook) over H1,2022 (P) projected shows a growth of +10 units. There is an enormous application of radar technology in medical, military, etc. The major applications of radar are to track and determine the angle, velocity of motor vehicles, ships, airplanes. How The Market Progressed Till June 2022?