What is the size of the automotive radar market?

The market size is estimated to grow from USD 4.48 Bn in 2022 to USD 14.4 Bn by 2028. The market is being propelled by a growing focus on active safety features, advances in radar technology, lower component prices, and increased vehicle sales.
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Automotive Radar Market Size, Growth & Forecast up to 2028
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Automotive Radar Market Size, Growth & Forecast up to 2028

The automotive radar market was valued USD 4.48 Bn in 2022 & is projected to reach USD 14.4 Bn by 2028 at a CAGR of 21.48% during the forecast period.