Market Share of Automotive Radar Industry
The Automotive Radar market is significantly competitive and consists of many players. In terms of market share, some of the players currently dominate the market. However, with the advancement in chip design across enterprises, new players are increasing their market presence, thereby expanding their business footprint across emerging economies.
In November 2022, Renesas Electronics Corporation announced its entry into the automotive radar market with the introduction of a 4x4-channel, 76-81GHz transceiver designed to meet the demanding need of ADAS (advanced driver assistance systems) and Level 3 and higher autonomous driving applications. Renesas was expected to incorporate the new RAA270205 high-definition radar transceiver into its growing sensor fusion portfolio, which combined radar, vision systems, and other sensing modalities, leveraging automotive expertise accumulated through years of global customer engagements.
In October 2022, Rohde & Schwarz empowered the launch of a 4D imaging radar platform by an automotive radar manufacturer as Rohde & Schwarz oscilloscopes and their independently developed, application-specific integrated circuits (ASIC) provide the best measurement tools for automotive radar research and development. Notably, Cubtek in partnership with NXP. Cubtek Inc. utilized network analyzers from Rohde & Schwarz to develop 4D imaging radar for RF measurement of the E-band.
Automotive Radar Market Leaders
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Robert Bosch GmBH
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Continental AG
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Denso Corporation
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Autoliv
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NXP Semiconductors
*Disclaimer: Major Players sorted in no particular order
