Radar Detectors Market Growth Report - Opportunities & Analysis by 2030

Radar Detectors Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Corded and Remote Mounted) and Radar Type (Dash Camera Based and Without Dash Cam)

Publication Month : Sep 2023

  • Report Code : TIPRE00030015
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 134
Inquire Before Buy

PRICING

$4550

[Research Report] The radar detectors market size is expected to reach US$ 290.06 million by 2030 from US$ 207.75 million in 2022, with an estimated CAGR of 4.3% from 2022 to 2030.

Analyst Perspective:

Radar detectors can alert drivers of the presence of radar-equipped law enforcement vehicles and gives drivers time to slow down and avoid getting speeding tickets. Also, these detectors help drivers become more aware of their surroundings. They can detect other vehicles and objects, such as roadwork zones and speed cameras. Such information can help drivers to make better decisions while driving.

Radar detectors are permitted on UK highways, despite a discussion that was conducted a few years ago to introduce prohibition orders on the use of radar and laser detectors; however, this prohibition was never exercised. Thus, laser/radar detectors and GPS safety cameras are allowed in the UK, but there is variation in laws around Northern Ireland, England, and Wales.

Traffic congestion in the UK continues to surge, and owing to this concern, radar detectors will help drivers maintain appropriate speeds and avoid costly speeding tickets, which will be particularly valuable in such a congested traffic environment. Owing to the advantages mentioned above, the popularity and usage of radar detectors are expected to rise in the UK.

Market Overview:

Radar detectors are valuable for drivers who want to avoid speeding tickets. They help drivers know when they are approaching a speed trap so that they can slow down and avoid getting a ticket. It also improves safety, as radar detectors can help drivers be more aware of their surroundings and avoid collisions. Further, radar detectors can be used to plan routes that avoid areas with speed traps.

Radar detectors use several frequency bands for detection purposes. K band detectors are most effective at detecting radar signals in the K band, which is a frequency range of 18–27 GHz. X band detectors are most effective at detecting radar signals used by police in the X band, which is a frequency range of 8–12 GHz. The Ka band radar has a frequency range between 33.4 and 36.0 GHz. The use of radar detectors is increasing day by day as various law enforcement authorities and governments worldwide are installing speed traps for road accidents and safety. For instance, the traffic police of Pune, Maharashtra, India, installed a special CCTV camera on the Pune-Bengaluru highway near Swaminarayan temple to limit motorist speed. This speed trap camera clicks photographs of vehicles exceeding the maximum speed limit and automatically send challans to the violators' cellphone. Thus, the increase in the regulations regarding overspeeding has boosted the radar detectors market growth.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Radar Detectors Market: Strategic Insights

radar-detectors-market
Market Size Value inUS$ 207.75 million in 2022
Market Size Value byUS$ 290.06 million by 2030
Growth rateCAGR of 4.3% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Radar Detectors Market Driver:

Increasing Number of Speed Traps to Drive Radar Detectors Market

Speed traps are sections of roads where law enforcement officers use radar or laser to target motorists exceeding the speed limit. They are often set up in areas where there is a high rate of accidents or where there is a need to reduce traffic speed. Motorists' use of radar detectors has increased in recent years in response to the increasing use of speed traps. Radar detectors can detect the radar signals emitted by speed traps, giving motorists time to slow down and avoid getting fined.

Various governments worldwide are installing speed traps to reduce road accidents and improve safety. For instance, in June 2023, the Provincial Government, the City of Mount Pearl, and the Town of Paradise partnered to launch a traffic camera pilot project to detect and capture images of speeding motorists. In May 2023, The Kolkata Traffic Police decided to increase the number of laser speed cameras on Maa flyover to restrict the speeders. Thus, various law enforcement authorities have increased the number of speed traps, which is driving the demand for radar detectors.

Radar Detectors Market Segmental Analysis:

Based on type, the radar detectors market is segmented into corded and remote mounted. Corded radar detectors are mounted on vehicles to help drivers control their speed. They help the driver decrease the vehicle's speed and avoid being ticketed for speeding by police or law enforcement. These radars are widely used by daily commuters who desire increased road awareness and intelligence. Market players are introducing advanced corded radar detectors with enhanced features.

 

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Radar Detectors Market Regional

Analysis

:

The Asia Pacific radar detectors market was worth more than US$ 50 million in 2022 and is estimated to reach ~US$ 80 million by 2030; it is expected to register a CAGR of 5.4% during the forecast period. The automotive sector in Asia Pacific has witnessed notable growth, owing to an increasing population, leading to increased demand for radar detectors as drivers sought ways to enhance safety and avoid overspeeding fines. Technological advancements such as improved sensor technology and fast data processing capabilities are raising the popularity of radar detectors in Asia Pacific, mainly in China and Japan. Similar to European countries, countries in Asia Pacific have varying regulations regarding the sale, purchase, and use of radar detectors. In a few countries, the use of radar detectors is legal, while in others, it is restricted or prohibited altogether, limiting the market growth in certain areas.

With rising social status in Asia Pacific, people are tending toward more advanced sports cars, which are equipped with radar detectors. Also, high traffic congestion and road safety challenges in Asia Pacific are creating substantial opportunities for radar detector manufacturers to provide enhanced solutions. Traffic congestion is one of the significant issue in urban areas and major road networks leading to delays increase fuel consumption in environmental pollution. Thus, the drivers prefer to go fast on highways to avoid traffic, in such cases, radar detectors help drivers to avoid speed ticket penalties associated with traffic violations, ensuring smoother traffic flow.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Radar Detectors Market Key Player Analysis:

The radar detectors market consists of players such as Cedar Electronics; Uniden Holdings Corporation; Whistler Group; Valentine Research, Inc.; Radenso; Attowave Co., Ltd; GENEVO s.r.o.; Willtronics; K40 Electronics, LLC; Adaptiv Technologies; and Rocky Mountain Radar.  

Recent Developments: 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the radar detectors market. A few recent key radar detectors market developments are listed below:

  • In 2023, the newest connected vehicle invention called Redline Ci-c was launched by Cedar Electronics, the company that also owns ESCORT and Cobra. It demonstrates the company's dedication to enabling safer and smarter driving through a variety of linked solutions. The Redline Ci-c is made to offer the best level of security against radars with prompt and intelligent alarms, as well as enable unique installation choices for further personalization.
  • The MAXcam 360c, a high-performance radar detector and a cutting-edge dash camera, was the first fully integrated driver alert system launched by ESCORT in 2021. The ESCORT MAXcam 360c, which establishes a new technology benchmark for the company and sector, gives drivers who are concerned about road safety access to new, cutting-edge capabilities. It offers high-end detection, video protection, and access to the brand-new Drive Smarter companion app, which produces over 100 million shared driver alerts annually.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, and Radar Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the estimated market size for the global radar detector market in 2022?

The global radar detector market was estimated to be US$ 207.75 million in 2022 and is expected to grow at a CAGR of 4.3 % during the period 2022 - 2030.

What are the driving factors impacting the global radar detector market?

Increasing number of speed traps, growing popularity of gps-enabled radar detectors, and increasing demand for radar detector to avoid speeding tickets are the major factors that propel the global radar detector market.

What are the future trends of the global radar detector market?

Increasing integration of dash cameras is impacting the vehicles, which is anticipated to play a significant role in the global radar detector market in the coming years.

What is the incremental growth of the global radar detector market during the forecast period?

The incremental growth expected to be recorded for the global radar detector market during the forecast period is US$ 74.60 million.

What will be the market size for the global radar detector market by 2030?

The global radar detector market is expected to reach US 290.06 million by 2030.

Which are the key players holding the major market share of the global radar detector market?

The key players holding majority shares in the global radar detector market are Cedar Electronics; Uniden Holdings Corporation; Whistler Group; Valentine Research, Inc.; Radenso.

The List of Companies - Radar Detectors Market

  1. Cedar Electronics
  2. Uniden Holdings Corporation
  3. Whistler Group
  4. Valentine Research, Inc.
  5. Radenso
  6. Attowave Co., Ltd
  7. GENEVO s.r.o.
  8. Willtronics; K40 Electronics, LLC
  9. Adaptiv Technologies
  10. Rocky Mountain Radar

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Radar Detectors Market