Commercial Vehicle & Off-Highway Radar Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Commercial Vehicle & Off-Highway Radar market is expected to reach $600.66 million by 2027 growing at a CAGR of 25% during 2021 to 2027.

Commercial vehicle and off-highway radars are sensors and microwaves used to process speed, distance, direction and angle of arrival, while radars detect moving objects and measure speed to aid in lane maintenance and prevent accidents. Commercial and off-highway vehicles are large in size and are used in a number of tasks such as transporting goods, mining, excavating, etc.

Commercial Vehicle & Off-Highway Radar Market, By Vehicle Type

• Introduction
• Off-highway Vehicle
• Commercial Vehicle
• Pickup Trucks & Vans
• Buses
• Medium & Heavy Trucks
• Construction Equipment
• Agriculture Equipment
• Mining Equipment

Commercial Vehicle & Off-Highway Radar Market, By Application

• Introduction
• Blind Spot Detection (BSD)
• Intelligent Park Assist
• Adaptive Cruise Control (ACC)
• Autonomous Emergency Braking (AEB)
• Forward Collision Warning System

Key Players –

• Aptiv
• Magna International
• NXP Semiconductors
• Gentex Corporation
• ZF FRIEDRICHSHAFEN AG
• Valeo
• Denso Corporation
• Hitachi

 
Scope of the Report

The research study analyzes the global Commercial Vehicle & Off-Highway Radar industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Commercial Vehicle & Off-Highway Radar Market Report

1. What was the Commercial Vehicle & Off-Highway Radar Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Commercial Vehicle & Off-Highway Radar Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Commercial Vehicle & Off-Highway Radar Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.