Radar Systems Market Share

Statistics for the 2023 & 2024 Radar Systems market share, created by Mordor Intelligence™ Industry Reports. Radar Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Radar Systems Industry

Due to a few dominant players like Airbus SE and BAE Systems plc, the market for radar systems is trending toward consolidation. Companies like Infineon Technologies AG and NXP Semiconductors N.V. have entered the automotive radar system solutions market due to the expanding opportunities presented by automotive sector applications.

  • January 2022 - Google has been working with Ford to develop an open and standardized API interface for the radar system. For general-purpose radar, standardized API calls promote interoperability and speed up the rollout of new applications. If the project remains successful, this development will lead to new consumer products and services.
  • March 2022 - Uhnder launched the first 4D digital imaging radar for next-gen ADAS (advanced driver assistance systems), autonomous vehicles (AVs), and automated mobility applications. It will provide precision while minimizing interference from other radars, regardless of weather and lighting conditions. Its 4D precision will provide accuracy and an enhanced sense of standing or moving objects at short or long distances.
  • January 2023 - Mobileye partnered with Wistron NeWeb Corp. (WNC) to produce software-defined imaging radars. With an integrated system-on-chip design, these radars from Mobileye provide a thorough, four-dimensional image of the environment up to and beyond 1,000 feet distant. Mobileye's prominent camera-based perception systems and the latest radar technology from the company let autonomous vehicles see and comprehend their surroundings regardless of the weather, lighting, or types of roads.

Radar Systems Market Leaders

  1. Leonardo S.p.A.

  2. General Dynamics Corporation

  3. NXP Semiconductors N.V.

  4. BAE Systems plc

  5. Airbus Defense and Space, Inc. (Airbus SE)

*Disclaimer: Major Players sorted in no particular order

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Radar Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)