{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/radar-sensor-market-revenue-to-hit-usd-35-billion-by-2035-says-research-nester/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Radar Sensor Market revenue to hit USD 35 Billion by 2035, says Research Nester","slug":"radar-sensor-market-revenue-to-hit-usd-35-billion-by-2035-says-research-nester","createdLocal":"2023-07-26 14:30:51.947672","publishDate":"2023-07-26 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.globenewswire.com/news-release/2023/07/26/2711186/0/en/Radar-Sensor-Market-revenue-to-hit-USD-35-Billion-by-2035-says-Research-Nester.html"},"postSummary":{"childMarkdownRemark":{"html":"<p>New York, July 26, 2023 (GLOBE NEWSWIRE) -- The global radar sensor market size is slated to expand at ~14% CAGR between 2023 and 2035.\nWith the growing popularity of autonomous vehicles, demand for radar sensors has grown as these vehicles rely on radar sensors for obstacle detection and mapping.\nRadar Sensor Market: Regional OverviewThe market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.\nRadar sensors are in high demand since they monitor the surroundings of a vehicle and alert the driver in case of danger using multiple radar sensors.\nRadar Sensor, Segmentation by RangeShort-Range Radar SensorMedium-Range Radar SensorLong-Range Radar SensorThe long-range radar sensor segment in radar sensor market is anticipated to hold the largest revenue by the end of 2035 since long-range radar sensors are becoming increasingly popular in the automotive industry due to their ability to detect objects over a greater distance than other sensors.</p>"}}}},"pageContext":{"slug":"radar-sensor-market-revenue-to-hit-usd-35-billion-by-2035-says-research-nester"}}}