Europe Automotive Radar Chipset Market was valued at USD 1.80 Billion in 2022 and is projected to reach USD 4.50 Billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
The Europe Automotive Radar Chipset Market is experiencing significant growth due to the increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. Radar chipsets play a crucial role in enhancing vehicle safety by enabling features like collision avoidance, adaptive cruise control, and automatic emergency braking. These chipsets are integral to the automotive industry’s move toward safer, more efficient vehicles.
The market for automotive radar chipsets in Europe is projected to grow at a steady pace, driven by the region’s stringent safety regulations and a growing shift towards electric and autonomous vehicles. Automotive radar chipsets are essential in enabling precise detection and tracking of surrounding vehicles, pedestrians, and obstacles, ensuring smooth navigation and accident prevention. These systems are highly demanded in both mid-range and high-end vehicles, as well as in the electric vehicle sector, which is seeing rapid expansion.
One of the major requirements from industries driving this market is the need for high-performance radar chipsets that can operate effectively in various weather conditions, including fog, rain, and snow. The ability to detect objects in all environments, regardless of visibility, is a key factor for automakers. Additionally, there is a rising demand for radar chipsets with higher frequencies for better resolution and improved accuracy. With the continuous development of autonomous driving technologies, radar chipsets are expected to support a wider range of functions, including real-time mapping and positioning, which are critical for self-driving cars.
Another critical requirement from industries is the need for compact and cost-effective radar chipsets that can be easily integrated into vehicles without adding significant weight or complexity. As electric vehicles (EVs) gain popularity in Europe, automakers are keen on developing radar chipsets that help maximize battery efficiency and reduce the overall cost of production. The automotive radar chipset market is not only being shaped by technological advancements but also by cost-efficiency demands, which are central to making radar-based technologies more accessible across a wider range of vehicles.
As the market evolves, it is expected that radar chipset manufacturers will continue to innovate, focusing on increasing performance, improving integration, and reducing costs to meet the growing needs of the European automotive sector. The rising demand for ADAS and autonomous vehicle technologies will ensure that the automotive radar chipset market remains a dynamic and expanding industry in the region.
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Analog Devices
Infineon Technologies
NXP Semiconductors
Texas Instruments
Mitsubishi Electric Corp
Freescale Semiconductor
Imec
TriQuint
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Automotive Radar Chipset Market
FMCW (Frequency Modulated Continuous Wave)
Pulse Radar
Short-Range Radar
Long-Range Radar
Adaptive Cruise Control (ACC)
Collision Avoidance Systems
Blind Spot Detection
Parking Assistance
Autonomous Driving
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Hybrid Vehicles
Short Range (up to 30 meters)
Medium Range (30 to 150 meters)
Long Range (150 meters and above)
OEMs (Original Equipment Manufacturers)
Aftermarket Suppliers
Fleet Operators
Ride-Sharing Services
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Automotive Radar Chipset Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Automotive Radar Chipset Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Automotive Radar Chipset Market, By Type
6. Europe Automotive Radar Chipset Market, By Application
7. Europe Automotive Radar Chipset Market, By Geography
Europe
Germany
UK
France
8. Europe Automotive Radar Chipset Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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