NXP Announced Full Radar Sensor Solution Suite.
In December 2020, NXP Semiconductors, the industry leader in automotive radar, had announced a full suite of new radar sensor chipset solutions that enveloped vehicles in a 360-degree protection cocoon while also enabled imaging radar’s detection and classification capabilities. The solutions, which include new NXP radar processors and 77GHz transceivers, provide carmakers with versatile and scalable configurations that meet NCAP specifications for corner and front radar applications, as well as the first commercially viable route to volume production for 4D imaging radar.
During the forecast period, the front view segment is projected to account for the largest share of the automotive camera and integrated radar and camera market.
The demand for ADAS functions to track traffic ahead is driving this segment’s development. These functions allow the car to maintain a safe and legal pace, remain in its lane, maintain a safe distance from vehicles ahead, and respond to emergencies. Dash cameras and ADAS applications are the most popular uses for front view cameras. The growth of the front view segment is fueled by rising trends of connected and autonomous vehicles, as well as increasing adoption of ADAS. The growing preference of end-users for advanced safety features, as well as increased government support for OEMs to introduce advanced safety features in vehicles, are the major factors driving the growth of ADAS in vehicles, which, in turn, drives demand for ADAS.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, Type (Automotive Camera, Integrated radar & camera), View Type (Front View, Rearview, And Surround View), Vehicle Type (Passenger Cars, Commercial Vehicles, Heavy-Commercial Vehicles), Application (ADAS, Park Assist and Viewing), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Robert Bosch GmbH, Aptiv PLC, ZF Friedrichshafen, Continental AG, Valeo SA, Magna International, Veoneer Inc., Nidec Corporation, Intel Corporation, Infineon Technologies AG, Delphi Automotive Llp., Byd Company Limited, Aptina Imaging Inc., Magna International Inc., Denso Corporation, Brigates Incand, and others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Automotive Camera and Integrated radar & camera Market.”
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