Automotive Radar Market Size to Worth USD 56.93 Billion by 2033 | Straits Research

The global automotive radar market size was valued at USD 6.44 billion in 2024 and is expected to grow from USD 8.21 billion in 2025 to reach USD 56.93 billion in 2033, growing at a CAGR of 27.4% for the forecast period (2025-2033).New York, United States, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Automotive radar is a key technology in modern vehicles, designed to enhance safety and enable advanced driving features. It uses radio waves to detect and track objects around the vehicle, such as other cars, pedestrians ...