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Showing posts with the label Global Radar Sensor Market

Radar Sensor Market to Hit USD 16.46 Billion by 2032 as Automation and Defense Tech Advance

  Global Radar Sensor Market  Set for Strong Growth Driven by ADAS Expansion, Industrial Automation, and Next-Generation Sensing Technologies The Global Radar Sensor Market is entering a high-growth phase as advancements in automotive safety technologies, industrial automation, and next-generation IoT applications accelerate the adoption of radar-based sensing systems. According to recent market analysis, the Radar Sensor Market was valued at USD 9.30 billion in 2024 and is projected to grow at a robust CAGR of 17.4% from 2025 to 2032, reaching nearly USD 16.46 billion by the end of the forecast period. Radar sensors are becoming essential across sectors due to their ability to detect distance, speed, motion, and object characteristics with exceptional precision, irrespective of environmental conditions. Radar, or Radio Detection and Ranging, operates by transmitting radio waves and analyzing their reflection from objects. This capability enables accurate detection even in dar...