Vehicle Radar Test Systems Market Outlook (2022 to 2032)

The global Vehicle Radar Test Systems Market is likely to be valued at USD 4128.0 Million in 2022 and is predicted to secure a healthy CAGR of 12.1% through 2032. The demand for vehicle radar test systems is expected to grow at a value of USD 12,986.0 Million by 2032.

The increasing installation of radar sensors and advanced driver systems has led to the introduction of vehicle radar test systems. The end users are highly adopting them as they can be used for the measurement of radio frequency and for testing both hardware and software subsystems of an automobile.

Report Attribute Details
Vehicle Radar Test Systems Market Value (2022) USD 4128.0 Million
Vehicle Radar Test Systems Market Anticipated Value (2032) USD 12,986.0 Million
Vehicle Radar Test Systems Market CAGR (2022 to 2032) 12.1%

Manufacturers catering to the sales of vehicle radar test systems are looking forward to automating radar measurement and obstacle simulation capabilities for vehicular radar systems. These intensifying Research and Development endeavors are likely to boost the demand for vehicle radar test systems during the forecast period.

The vehicle radar test systems also assist an engineer during the development process of a radar system and enable manufacturers to deliver robust autonomous driving technology that complies with evolving regulatory requirements. Therefore, it is anticipated that the vehicle radar test systems market is likely to witness significant growth during the forecast period.

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How Does the Role of Central Authorities Impact the Vehicle Radar Test Systems Market?

It is anticipated that the increasing demand for autonomous driving and safe commercial vehicle is the prime factor driving the growth of the vehicle radar test systems market. The expected introduction of fully automated vehicles in the upcoming years is also likely to boost the demand for this product.

Stringent government regulations regarding vehicle safety systems are likely to augment growth in the vehicle radar test systems market. Consumers are increasingly getting conscious of vehicle safety, which is leading to increased demand for features such as cruise control and blind-spot detection that can support drivers and reduce accidents.

The leading vehicle manufacturers are paying attention to developing next-generation car models that would be equipped with up to ten radar sensors, which enable a 360-degree view, projected to be essential for semi-autonomous operation, as well as advanced driver assistance. Therefore, the demand for vehicle radar test systems is leading to increased research and development activities undertaken by the market players, which is likely to bolster the market size during the forecast period.

Top Factors Undermining the Potential of the Vehicle Radar Test Systems Market

Although there are a number of factors fueling the market growth for vehicle radar test systems, it is witnessed that some factors are likely to limit the market expansion during the forecast period. The vehicle radar test systems operate on a specific signal structure.

However, they lack any inherent authentication that makes the technology susceptible to spoofing attacks. A successful spoofing attack is likely to severely influence the integrity of vehicle occupants by potentially causing the vehicle to stop, collide by breaching the target radar, or change direction.

There are several installation complexities associated with the vehicle radar test systems, and the integration of the radar module into the vehicle’s platform adds up to the complexity. Additionally, a high cost is associated with this product, which is likely to serve as one of the prime restraining factors for the growth of the global vehicle radar test systems market.

Sudip Saha
Sudip Saha

Principal Consultant

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Regional Outlook

North America’s Vehicle Radar Test Systems Market is Led by Technological Breakthroughs

North America is projected to have significant growth at a rapid pace during the forecast period in its vehicle radar test systems market. Currently, the region is holding 25.2% of the total market share for vehicle radar test systems.

The growth can be attributed to the combination of technology in the vehicle radar systems. It has led to a surge in automobile sales in recent years. In addition to this, it is anticipated that the increasing frequency of vehicular accidents and greater awareness regarding the benefits associated with driving assistance features such as brake assist, collision warning systems, and more are fueling the demand for vehicle radar test systems in this region.

Europe - The Global Leader in the Vehicle Radar Test Systems Market

Europe is anticipated to hold the largest share of the global vehicle radar test systems market. At present, the European region is accountable for 27.3% of the total market share of vehicle radar test systems.

This expansion can be characterized by the early adoption of advanced driver assistance technologies in this region. Furthermore, compared to other regions, stringent vehicle safety regulations implemented by the government are expected to favor the demand for vehicle radar test systems in Europe. In addition to that, there is a demand for hybrid vehicles in these regions that are driving the share or market for vehicle radar test systems.

Start-up Ecosystem

Two Start-ups to Watch for in the Vehicle Radar Test Systems Market

Start-up companies are intensifying their focus on their innovation capabilities and resorting to mergers and acquisitions to develop compact yet high-performance solutions.

  • Chinese star-up SGR Semiconductors specializes in the production of millimeter-wave radar chips for the automotive industry. Compared to other environmental perception systems such as lidar or cameras, radar offers a better range and functionality in low visibility conditions.
  • Israeli start-up Axon Pulse develops an AI-based radar perception engine that utilizes deep neural networks for radio frequency (RF) signal processing. Some of the barriers to autonomous vehicles are the size and weight of sensing equipment as well as the computing elements needed to process environmental data. The start-up’s software solution thus reduces the amount of hardware required and improves radar resolution, sensitivity, and target separation.

Some of the other notable start-ups are Sencept, Microbrain, Spartan Radar, and others.

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Competitive Landscape

Top 3 Recent Developments Showing Fierce Competition in the Vehicle Radar Test Systems Market

The key market players constantly focusing on the reduction of cost and the greater need for enhancing the functionality by using more efficient vehicle test radar systems.

  • In July 2021, Continental integrated AEye’s long-range LiDAR technology into its full sensor stack solution to create the first full-stack automotive grade system for Level 2+ up to Level 4 automated and autonomous driving applications.
  • At Auto Shanghai 2021, Continental presented the sixth generation of surround radar and long-range radar. Both sensors share hardware and software platforms, reducing complexity and cost.
  • In August 2020, Huawei increased investments in its optoelectronics Research and Development center in Wuhan, with a focus on developing low-cost LiDAR technology and radar sensors.

Some of the key companies in the vehicle radar test systems market are:

  • Instruments
  • NOFFZ Technologies
  • Konrad GmbH
  • KEYCOM Corp.
  • SAE International
  • Anritsu Corporation.
  • Continental
  • Robert Bosch GmbH
  • Autoliv Inc.

Report Scope

Report Attribute Details
Growth Rate CAGR of 12.1% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2016 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered Components, Applications, Region
Regions Covered North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Profiled United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa
Key Companies Profiled Instruments; NOFFZ Technologies; Konrad GmbH; KEYCOM Corp.; SAE International; Anritsu Corporation.; Continental; Robert Bosch GmbH; Autoliv Inc.
Customization Available Upon Request

Key Segments in the Vehicle Radar Test Systems Market

By Components:

  • VST (Vector Signal Transceiver)
  • VDG (Variable Delay Generator)
  • PXI Controller
  • Antennae

By Application:

  • Research and Development
  • Radar Module Manufacturing
  • Vehicle Manufacturing
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Europe

Frequently Asked Questions

What is the Growth Outlook for the Vehicle Radar Test Systems Market?

The growth outlook for the vehicle radar test systems market is predicted to advance at a CAGR of 12.1% from 2022 to 2032.

Which Region Leads the Vehicle Radar Test Systems Market?

Europe is anticipated to lead the vehicle radar test systems market through 2032.

How much Growth Potential does Vehicle Radar Test Systems hold?

The vehicle radar test systems market is likely to grow to USD 12,986.0 Million by 2032.

Which sector is the key driver in the Vehicle Radar Test Systems Market?

The automotive sector is the key driver in the vehicle radar test systems market.

Table of Content
	1. Executive Summary | Vehicle Radar Test System Market
	2. Market Overview
	3. Market Background
	4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
	5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Components
		5.1. VST (Vector Signal Transceiver)
		5.2. VDG (Variable Delay Generator)
		5.3. PXI Controller
		5.4. Antennae
	6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Applications
		6.1. Research and Development
		6.2. Radar Module Manufacturing
		6.3. Vehicle Manufacturing
		6.4. Others
	7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
		7.1. North America
		7.2. Latin America
		7.3. Europe
		7.4. Asia Pacific
		7.5. Middle East and Africa
	8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	13. Key Countries Market Analysis
	14. Market Structure Analysis
	15. Competition Analysis
		15.1. NI
		15.2. NOFFZ Technologies
		15.3. Konrad-GmbH
		15.4. KEYCOM Corp.
		15.5. SAE International
		15.6. Anritsu Corporation
		15.7. Robert Bosch
		15.8. Magna International
		15.9. Continental AG
		15.10. ZF Friedrichshafen
	16. Assumptions & Acronyms Used
	17. Research Methodology
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