Press Release Description
APAC Automotive Radar Market to Hit USD12.99 Billion Mark by 2030 Due to a Steady CAGR of Around 31%
The APAC Automotive Radar Market size was valued at around USD2.69 billion in 2024 and is projected to reach USD12.99 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 31% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The key reason that can be attributed to the growth of the automotive radar market in Asia-Pacific is the massive manufacturing ecosystem in countries like China, India, Japan, and South Korea. Not only do these countries have humongous domestic sales of automobiles, but the exports from these countries form more than 60% of the global automobile exports in 2024. China’s monthly automobile (only cars and commercial vehicles) production averaged around 36 million units. Moreover, India produced around 28 million vehicles in 2024 for domestic and export purposes. Therefore, the auto OEMs in the region are expanding their annual output, which is directly catalyzing the demand for automobile radars.
Moreover, the expansion of the automobile industry, the increasing demand for advanced driving assistance systems in vehicles, the inclination towards autonomous, greener vehicles, strict safety regulations, and others are the reasons behind this market growth in the region. There has been rising demand for advancements in driving control and safety features such as an advanced driving assistance system, automated emergency braking system, blind spot detection, lane driving assistance, front and rear collision detection systems etc. has increased in recent years particularly in autonomous vehicles with minimum level-2 safety automation in Asia-pacific region which plays a significant role in automobile manufacturing. This region is witnessing increased demand for mobility due to rising disposable income, rising working population, and a supporting automobile manufacturing ecosystem.
These radar systems are essential for automated braking in case of emergencies, lane changing assistance, blind spot detection, and others, which aid in preventing vehicle collisions. These features rely on the radar system for their precision. Radar emits electromagnetic waves, which reflect off on striking an obstacle. Then, the sensors and processing units installed in the system analyze the surroundings and alert the driver, thus ensuring safety. Thus, to meet this growing demand for this system, automotive radar manufacturers have ramped up their production in the APAC region.
Moreover, the implementation of technologies such as Radar-On-Chip (RoC), Complementary Metal-Oxide semiconductors (CMOS), etc., further enhances the efficiency of the sensors. Additionally, the consumers' inclination towards greener vehicles due to incentives, awareness, tax exemption, and others has further fueled the market growth, further states the research report, “APAC Automotive Radar Market Analysis, 2025.”
APAC Automotive Radar Market Segmentation Analysis
Passenger Vehicles Hold the Largest Market Share
Based on the vehicle type, the market is further bifurcated into Passenger Vehicles and Commercial Vehicles. The various factors, such as the dynamics of the vehicle and the utility, make passenger vehicles the most purchased vehicles and thus hold a large share of the radar systems market in the APAC region, around 68%. Passenger vehicles, such as sedans and SUVs, mostly prefer these systems as they have high urban mobility, often travel in congested areas, which are more prone to accidents, and the level of radar technology integration depends on the autonomous nature of the cars.
Moreover, most of the population in the APAC is urban, hence the need to be urbanized has inclined individuals to purchase passenger vehicles. Passenger vehicles are lightweight and compact, thus easily locomote in traffic. Such crowded areas have resulted in the rise of the need for an advanced driving assistance system in vehicles. Thus, it raises the consumption of radar sensors in passenger vehicles in the region.
China Leading Regional Automotive Radar Industry
The large population, the availability of large manufacturing land, supportive government regulations, and several other factors have led China to lead in the automotive radar market in the APAC region. The business-friendly policies and the low-cost labor have resulted in attracting numerous manufacturers to the nation. This results in it being the leading manufacturing hub across the globe. China is one of the largest producers and exporters of automotive parts, including radar sensors globally, worth more than USD56.7 million in 2024. This leads to an increase in the production of the system in China for domestic and international consumption.
Additionally, the government schemes and policies for the adoption of electric vehicles have increased in recent years. Thus, to promote an alternative energy fuel, the authorities are offering low-cost registrations and tax relaxation on the purchase of the vehicles. This leads to an increase in the sales of electric vehicles, which ultimately drives demand for automotive radars as they are in demand for facilitating the functioning of ADAS and vehicle safety. Hence, China is leading this regional market.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Robert Bosch GmbH, Continental AG, Denso Corporation, Aptiv, Autoliv Inc., Veoneer, Valeo SA, NXP Semiconductors NV, HELLA GmbH & Co. KGaA, Texas Instruments Incorporated, ZF Friedrichshafen AG, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across the countries?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2025-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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