Automotive Radar Market Landscape: A Deep Dive into Market Share, Trends, and Growth Prospects
Market Overview The global automotive radar market was valued at USD 3.34 billion in 2023 and is expected to grow at a CAGR of 10.5% during the forecast period. Automotive radar systems are becoming a standard component in modern vehicles, offering enhanced situational awareness, improved safety, and enabling higher levels of automation. frequency bands: 24 GHz and 77 GHz. The 77 GHz...
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