Automotive RADAR Market to Reach $47.7 Billion, Globally, by 2034 at 23.6% CAGR: Allied Market Research [Yahoo! Finance]
Northrop Grumman Corporation (NOC)
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Source: Yahoo! Finance
control, blind-spot detection, and automatic emergency braking. Additionally, the rising consumer demand for safer, smarter vehicles—coupled with the rapid development of connected and autonomous driving technologies—is significantly accelerating the adoption of automotive RADAR solutions across vehicle segments. PORTLAND, Ore. Oct. 16, 2025 /PRNewswire/ -- Allied Market Research published a report, titled, " Automotive RADAR Market by Application (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Forward Collision Warning System, Intelligent Park Assist, and Other ADAS Applications), Frequency (24 GHz, 77 GHz, and 79GHz), and Range (Long Range RADAR (LRR) and Short & Medium Range RADAR (S&MRR)): Global Opportunity Analysis and Industry Forecast, 2025-2034". According to the report, the "automotive radar market" was valued at $6.3 billion in 2024, and is estimated to reach $47.7 billion by 2034, growing at a CAGR of 23.6% from 2025 to 203
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