DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The "ADAS and Autonomous Driving Industry Chain Report 2018 (III)- Automotive Radar" report has been added to ResearchAndMarkets.com's offering.

According to the report, China's MMW radar market size reached approximately RMB1.34 billion in 2017, a figure projected to hit RMB9.67 billion in 2021, with an AAGR of about 70.6% between 2016 and 2021.

LiDAR has been a favorite of capital market since 2017. But as things now stand, MMW radar is the fastest-growing market. The report suggests in the first five months of 2018, installment of OEM MMW radars for passenger cars in China reached as many as 1.406 million units, a year-on-year spurt of 112.7%.

By comparing the three types of sensors in the chart below, MMW radar outperforms LiDAR synthetically at the present stage.

As concerns MMW radar market segments, 24GHz radar still prevails in shipment. In the early days, 24GHz radar was often used for short and mid-range detection, while 77GHz radar found its way into long-range detection. As the technology gets improved with lower cost and better performance, there is a tendency for 77GHz radar to replace 24GHz radar. The year 2017 saw shipments of 77GHz MMW radars for LCA/RCTA soar.

Key Topics Covered:

1 Introduction to Automotive Radar

2 Automotive Radar Market Size

3 Application Trends of Automotive MMW Radar

4 Application Trends of LiDAR

5 Global Automotive Radar Companies

6 Chinese Automotive Radar Companies

Companies Mentioned

Continental Automotive Bosch ZF APTIV Autoliv Denso Valeo Hella Denso Ten (Previously Known as Fujitsu Ten) Metawave Oculii Velodyne Quanergy LeddarTech IBEO Innoviz Luminar TriLumina Wuhu Sensortech Intelligent Technology Co., Ltd. (WHST) Beijing Autoroad Tech Co., Ltd. Hangzhou IntiBeam Technology Co., Ltd. Beijing Muniu Pilot Technology Co., Ltd. (Muniu Technology) Hunan Nanoradar Science & Technology Co., Ltd. Shanghai Morgina Intelligent Information Technology Co., Ltd. Suzhou Millimeter-wave Technology Co., Ltd. HawkEye Technology Co., Ltd. Xiamen Imsemi Technology Co., Ltd. Hesai Photonics Technology Co., Ltd. Beijing Surestar Technology Co., Ltd. Benewake (Beijing) Co., Ltd. Suteng Innovation Technology Co., Ltd. (RoboSense) LeiShen Intelligent System Co., Ltd. For more information about this report visit https://www.researchandmarkets.com/research/fhwdcf/china_adas_and?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005326/en/

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SOURCE: Research and Markets

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PUB: 09/06/2018 04:10 AM/DISC: 09/06/2018 04:10 AM