Global shipments of automotive radar sensors will exceed 140 million in 2024, with broad market prospects

According to a research report by IDTechEx, global shipments of automotive radar sensors will exceed 140 million in 2024, showing a broad market prospect. Since the mid-2010s, cars around the world have been generally equipped with radar detection functions such as automatic emergency braking, adaptive cruise control and blind spot detection. In particular, automatic emergency braking has become standard in new cars, aiming to improve road safety, especially the safety of pedestrians and other vulnerable road users.