Global Automotive Radar Test Systems Market Size To Exceed USD 4.35 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Automotive Radar Test Systems Market Size is Expected to Grow from USD 1.58 Billion in 2023 to USD 4.35 Billion by 2033, Growing at a CAGR of 10.66% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Radar Test Systems Market Size, Share, and COVID-19 Impact Analysis, By Type (Benchtop, Portable), By Frequency Band (24 GHz, 77 GHz, 79 GHz, Others), By Application (Automotive OEMs, Automotive Aftermarket), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis and Forecast 2023 – 2033
The international automotive radar test systems market refers to the business concerned with manufacturing and distributing technology system that focused on testing and validating radar systems which are integrated in vehicles. The market for automotive radar test systems is expected to increase significantly due to the quick development of automotive technology, especially in the areas of ADAS and autonomous driving. Moreover, the government's strong support for the installation of safety systems in automobiles is also driving this industry expansion. Further, the growing popularity of EVs and luxurious cars increasing ownership, bolstering the market revenue. However, market growth could be impeded by high upfront costs and a lack of expert personnel.
The portable segment held a significant share of the global automotive radar test systems market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the type, the global automotive radar test systems market is divided into benchtop, portable. Among these, the portable segment held a significant share of the global automotive radar test systems market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is due to its flexibility, user-friendly, mobility, and convenience, which makes it appropriate for field applications and on-site testing. Additionally, their affordability and adaptability make them an ideal choice for independent testing labs and smaller businesses.
The 77 GHz segment held the highest share of the global automotive radar test systems market in 2023 and is predicted to grow at a significant CAGR over the forecast period.
On the basis of the frequency band, the global automotive radar test systems market is divided into 24 GHz, 77 GHz, 79 GHz, and others. Among these, the 77 GHz segment held the highest share of the global automotive radar test systems market in 2023 and is predicted to grow at a significant CAGR over the forecast period. This is because of its high precision and resolution, high-accuracy object detection capabilities, adaptability to a range of weather conditions, and is utilized for short-range applications such as adaptive cruise control, lane departure warning, and collision warning.
The automotive OEMs segment accounted for the largest share of the global automotive radar test systems market in 2023 and is anticipated to grow at a remarkable CAGR over the forecast period.
On the basis of the application, the global automotive radar test systems market is segmented into automotive OEMs and automotive aftermarket. Among these, the automotive OEMs segment accounted for the largest share of the global automotive radar test systems market in 2023 and is anticipated to grow at a remarkable CAGR over the forecast period. This is due to the necessity to guarantee radar systems' performance, safety, dependability, and satisfy customer expectations and regulatory requirements before market launch.
North America is projected to hold the largest share of the global automotive radar test systems market over the forecast period.
North America is expected to hold the greatest share of the global automotive radar test systems market over the forecast period. The regional market is propelling due to the implementation of regulatory standards and the growing emphasis on vehicle security. Further, the United States is a significant marketplace because of its well-furnished automotive business and wide acceptance of ADAS and autonomous driving technologies, which drives the market growth across the region.
Europe is anticipated to grow at the fastest CAGR of the global automotive radar test systems market over the forecast period. The market expansion throughout the region is further driven by strict safety rules and programs to support novel driver assistance technologies, along with the presence of key automakers having a strong focus on vehicle safety and innovation. Moreover, Germany, the United Kingdom, and France are among the major marketplace to the automotive radar test systems market across Europe.
Company Profiling
Major vendors in the global automotive radar test systems market are Rohde & Schwarz GmbH & Co. KG, National Instruments Corporation, Keysight Technologies Inc., Anritsu Corporation, Continental AG, Bosch Automotive Service Solutions Inc., Averna Technologies Inc., DEKRA SE, NOFFZ Technologies GmbH, dSPACE GmbH, Konrad GmbH, Vector Informatik GmbH, Hella KGaA Hueck & Co., Siemens AG, Texas Instruments Incorporated, Analog Devices, Infineon Technologies AG, Valeo SA, ZF Friedrichshafen AG, NXP Semiconductors N.V., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In December 2024, Rohde & Schwarz showcased groundbreaking automotive testing innovations aimed at advancing (ADAS) advanced driver assistance systems, electric drivetrains, and connectivity. Among the highlights was the introduction of the R&S RadEsT automotive radar tester, a versatile tool for radar sensor calibration, ADAS functional testing, and production line checks.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive radar test systems market based on the below-mentioned segments:
Global Automotive Radar Test Systems Market, By Type
Global Automotive Radar Test Systems Market, By Frequency Band
- 24 GHz
- 77 GHz
- 79 GHz
- Others
Global Automotive Radar Test Systems Market, By Application
- Automotive OEMs
- Automotive Aftermarket
Global Automotive Radar Test Systems Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa