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Stock impact report

Global Automotive Radar Industry Assessment 2021-2026 | Growth Analysis by Range, Vehicle Type, Application, and Region [MarketWatch]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: MarketWatch
Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global automotive radar market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 7% during 2021-2026. The global automotive radar market is primarily driven by the growing incidences of road accidents that have necessitated safety features in automobiles for safer mobility. Governments across the world are also implementing stringent regulations and initiatives to develop vehicle safety systems. Besides this, the growing trend of autonomous vehicles and the electrification of vehicles have escalated the demand for automotive radars. They offer adaptive cruise control and are critical components of the autonomous driving assistance systems (ADAS). Moreover, technological advancements in the automotive sector, such as the development of high-performance compact radars at low manufacturing costs, are Show less Read more
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