Market Share of Radar Sensors Industry
The radar sensors market is fragmented due to the presence of many players. Some prominent players in the market include Robert Bosch Gmbh, Lockheed Martin Corporation, NXP Semiconductors, and Infineon Technologies, among others. The industry has undergone several developments over the past few years, significantly transforming the studied market. Some of the recent developments in the market include -
In July 2022, Gapwaves, a Swedish tech company, and Bosch, a leading global automotive supplier, announced their partnership for developing and large-scale production of high-resolution radar antennas for automotive vehicle applications. As part of the joint development, Gapwaves will support with its antenna know-how, and Bosch will contribute with its know-how of radar sensors and automated driving.
In May 2022, Infineon Technologies launched XENSIV 60 GHz automotive radar sensor (BGT60ATR24C). These sensors are designed for in-cabin monitoring systems (ICMS) to detect micro-movements and vital signs of left-behinds and sound the alarm. Additionally, the sensor chipset also addresses applications such as high-resolution frequency modulated continuous wave (FMCW) radars for distance measurement, front-end radar for gesture sensing, short-range sensing operations, and other hidden sensing applications.
Radar Sensors Market Leaders
Robert Bosch GmbH
Lockheed Martin Corporation
NXP Semiconductors NV
Infineon Technologies AG
Denso Corporation
*Disclaimer: Major Players sorted in no particular order
