The high range obstacle detection system market was valued at US$ 10,159.4 million in 2019, it is expected to grow at a CAGR of 8.1% during 2020–2027 says The Insight Partners
High range obstacle detection systems are integrated with various sensors to detect obstacles, followed by offering an alternative navigational path that is free from obstacles. The systems play an essential role in determining the potential hazards and alerting aircraft, marine, railways, and other high-speed vehicles for any long-distance obstruction to prevent collision damage. Besides, it also offers countermeasures, such as lowering speeds and alerting to the end users. These systems have a wide range of applications in industrial robots, autonomous vehicles, and drones. Sensors used for obstacle detection systems mainly include radar, laser scanner, sonar, and lidar. With the radar sensors, the distance information can be obtained by calculating the time interval between emission and receipt of lasers beams. Several automakers worldwide are deploying these systems to improve the safety of their vehicle. Thus, the long range obstacle detection systems have become a vital part of modern vehicles.
Impact of COVID-19 Pandemic on European High Range Obstacle Detection System Market
Presently, Russia, Spain, France, the UK, Italy, and Germany are among the worst-affected European countries by the COVID-19 outbreak. The region is a major manufacturing and industrial hub, including sectors such as automotive, transportation, aerospace, construction, and defense. However, due to COVID outbreak, a large number of businesses in the region are facing financial challenges as they either had to suspend their operations or reduce their business activities due to government-imposed restrictions, such as lock downs and travel bans; lack of manpower. The region is anticipated to witness an economic slump in 2020, which is most likely to persist in 2021 as well.
Lucrative Regions of High Range Obstacle Detection System Market
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Market Insights–High Range Obstacle Detection System Market
High Demand for Efficient Obstacle Detection Systems in Automotive IndustryFuels Market Growth
The global automotive industry is witnessing a huge paradigm shift owing to the rising number of connected vehicles, autonomous vehicles, and electric vehicles. The growing investments by private technology companies such as Google and car manufacturers such as Tesla, General Motors, Nissan, and Audi in the integration of advanced technologies in vehicles; and increasing collaboration between government and policymakers to boost technology development in the automotive industry are a few of the key factors flourishing this industry. With the growing inclination toward connected and autonomous vehicles, various types of sensors are becoming an integral part of vehicles to ensure safe and efficient automation and driving experience. These sensors include radar sensors, lidar sensors, and ultrasonic sensors, among others, and they enables features such as collision avoidance, blind spot detection, obstacle detection, adaptive cruise control, lane departure warning, and object detection. The growth trajectory of fully autonomous cars is largely anticipated to depend upon technological advancements, consumer demand for fully automated cars, pricing, and safety, among other parameters. The rising investments by technology and car companies to develop autonomous vehicles in passenger category, commercial buses and trucks category, robo taxis, and so on, are driving the demand for advanced high range obstacle detection systems enabled with various technologies, especially radar and lidar. These developments are anticipated to drive the growth of global high range obstacle detection system market globally over the forecast period.
Type-Based Insights
On the basis of type, the high range obstacle detection system market is segmented into radar, laser scanner, sonar, and lidar. The market for lidar is projected to grow at the highest CAGR during the forecast period.
High Range Obstacle Detection System Market, by Type(% Share)
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Application-Based Insights
The high range obstacle detection system market, based on application, issegmented into automotive and transportation, aerospace, industrial, marine, and other applications. The market for automotive and transportation is projected to grow at the highest CAGR during the forecast period.
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High Range Obstacle Detection System Market: Strategic Insights
Market Size Value in US$ 10,159.4 Million in 2019 Market Size Value by US$ 18,760.5 Million by 2027 Growth rate CAGR of 8.1% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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High Range Obstacle Detection System Market: Strategic Insights
| Market Size Value in | US$ 10,159.4 Million in 2019 |
| Market Size Value by | US$ 18,760.5 Million by 2027 |
| Growth rate | CAGR of 8.1% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The high range obstacle detection system market players are mainly focusing on the development of advanced and efficient products.
- In 2020, LIVOX introduced two high-performance, mass-produced LiDAR sensors named Horizon and Tele-15, which feature a groundbreaking scanning method that offers improved sensing performance at a cost lower than the traditional LiDAR units.
- In 2019, with the Cube Range LiDAR sensor product category, Blickfeld GmbH introduced new MEMS-based LiDAR sensor for extended detection of objects at a distance of up to 250 m.
The global high range obstacle detection system market has been segmented as follows:
High Range Obstacle Detection System Market – by Type
- Radar
- Laser Scanner
- Sonar
- Lidar
High Range Obstacle Detection System Market – by Application
- Automotive and Transportation
- Aerospace
- Industrial
- Marine
- Other Applications
High Range Obstacle Detection System Market –by Geography
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
High Range Obstacle Detection System Market –CompanyProfiled
- SICK AG
- BAE Systems plc
- Blickfeld GmbH
- Collins Aerospace, a Raytheon Technologies company
- Honeywell International Inc
- ifm electronic gmbh
- LIVOX
- Lumibird Canada
- Robert Bosch GmbH
- Thales Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America led the high range obstacle detection system market in 2019, followed by Europe and APAC. The rising awareness amongst the government in North America leads to the deployment of long range obstacle detection systems in various industrial applications, such as automotive and transportation and aerospace are the significant factors driving the growth of the North American high range obstacle detection system market.
The increase in adoption of radar and lidar sensors in automotive and transportation applications is likely to boost the growth of the global high range obstacle detection systems market in the near future. Additionally, adoption of these systems in aircraft and marine applications would surge the growth of the market.
The radar segment led the high range obstacle detection system market in 2019.The rising investments by technology and car companies to develop autonomous vehicles in passenger category, commercial buses & trucks category, robo taxis and others are driving the demand for advanced high range obstacle detection systems based on various technologies, especially radar. These developments are anticipated to drive the growth of global high range obstacle detection system market globally over the forecast period.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 High Range Obstacle Detection System Market – By Type
1.3.2 High Range Obstacle Detection System Market – By Application
1.3.3 High Range Obstacle Detection System Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. High Range Obstacle Detection System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. High Range Obstacle Detection System –Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Efficient Obstacle Detection Systems in Automotive Sector
5.1.2 Growing Adoption of Lidar in Diverse Industry Applications
5.2 Market Restraints
5.2.1 High Initial Investment and Maintenance Costs
5.3 Market Opportunities
5.3.1 Developing Regions to Drive the Future Growth
5.4 Future Trends
5.4.1 Rising Demand from Unmanned Aerial Vehicles and Unmanned Ground Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. High Range Obstacle Detection System Market – Global Analysis
6.1 Global High Range Obstacle Detection System Market Overview
6.2 High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. High Range Obstacle Detection System Market Analysis – By Type
7.1 Overview
7.2 High Range Obstacle Detection System Market, by Type (2019 and 2027)
7.3 Radar
7.3.1 Overview
7.3.2 Radar: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Laser Scanner
7.4.1 Overview
7.4.2 Laser Scanner: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Sonar
7.5.1 Overview
7.5.2 Sonar: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
7.6 Lidar
7.6.1 Overview
7.6.2 Lidar: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
8. High Range Obstacle Detection System Market Analysis – By Application
8.1 Overview
8.2 High Range Obstacle Detection System Market, by Application (2019 and 2027)
8.3 Automotive and Transportation
8.3.1 Overview
8.3.2 Automotive and Transportation: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
8.4 Aerospace
8.4.1 Overview
8.4.2 Aerospace: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Marine
8.6.1 Overview
8.6.2 Marine: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Other Applications
8.7.1 Overview
8.7.2 Other Applications: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9. High Range Obstacle Detection System Market – Geographic Analysis
9.1 Overview
9.2 North America: High Range Obstacle Detection System Market
9.2.1 North America: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: High Range Obstacle Detection System Market, by Type
9.2.3 North America: High Range Obstacle Detection System Market, by Application
9.2.4 North America: High Range Obstacle Detection System Market, by Key Country
9.2.4.1 US: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: High Range Obstacle Detection System Market, by Type
9.2.4.1.2 US: High Range Obstacle Detection System Market, by Application
9.2.4.2 Canada: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: High Range Obstacle Detection System Market, by Type
9.2.4.2.2 Canada: High Range Obstacle Detection System Market, by Application
9.2.4.3 Mexico: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: High Range Obstacle Detection System Market, by Type
9.2.4.3.2 Mexico: High Range Obstacle Detection System Market, by Application
9.3 Europe: High Range Obstacle Detection System Market
9.3.1 Europe: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: High Range Obstacle Detection System Market, by Type
9.3.3 Europe: High Range Obstacle Detection System Market, by Application
9.3.4 Europe: High Range Obstacle Detection System Market, by Key Country
9.3.4.1 Germany: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: High Range Obstacle Detection System Market, by Type
9.3.4.1.2 Germany: High Range Obstacle Detection System Market, by Application
9.3.4.2 France: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: High Range Obstacle Detection System Market, by Type
9.3.4.2.2 France: High Range Obstacle Detection System Market, by Application
9.3.4.3 Italy: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: High Range Obstacle Detection System Market, by Type
9.3.4.3.2 Italy: High Range Obstacle Detection System Market, by Application
9.3.4.4 UK: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: High Range Obstacle Detection System Market, by Type
9.3.4.4.2 UK: High Range Obstacle Detection System Market, by Application
9.3.4.5 Russia: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: High Range Obstacle Detection System Market, by Type
9.3.4.5.2 Russia: High Range Obstacle Detection System Market, by Application
9.3.4.6 Rest of Europe: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: High Range Obstacle Detection System Market, by Type
9.3.4.6.2 Rest of Europe: High Range Obstacle Detection System Market, by Application
9.4 APAC: High Range Obstacle Detection System Market
9.4.1 APAC: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: High Range Obstacle Detection System Market, by Type
9.4.3 APAC: High Range Obstacle Detection System Market, by Application
9.4.4 APAC: High Range Obstacle Detection System Market, by Key Country
9.4.4.1 China: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 China: High Range Obstacle Detection System Market, by Type
9.4.4.1.2 China: High Range Obstacle Detection System Market, by Application
9.4.4.2 India: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 India: High Range Obstacle Detection System Market, by Type
9.4.4.2.2 India: High Range Obstacle Detection System Market, by Application
9.4.4.3 Japan: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 Japan: High Range Obstacle Detection System Market, by Type
9.4.4.3.2 Japan: High Range Obstacle Detection System Market, by Application
9.4.4.4 South Korea: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 South Korea: High Range Obstacle Detection System Market, by Type
9.4.4.4.2 South Korea: High Range Obstacle Detection System Market, by Application
9.4.4.5 Australia: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 Australia: High Range Obstacle Detection System Market, by Type
9.4.4.5.2 Australia: High Range Obstacle Detection System Market, by Application
9.4.4.6 Rest of APAC: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: High Range Obstacle Detection System Market, by Type
9.4.4.6.2 Rest of APAC: High Range Obstacle Detection System Market, by Application
9.5 MEA: High Range Obstacle Detection System Market
9.5.1 MEA: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: High Range Obstacle Detection System Market, by Type
9.5.3 MEA: High Range Obstacle Detection System Market, by Application
9.5.4 MEA: High Range Obstacle Detection System Market, by Key Country
9.5.4.1 South Africa: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: High Range Obstacle Detection System Market, by Type
9.5.4.1.2 South Africa: High Range Obstacle Detection System Market, by Application
9.5.4.2 Saudi Arabia: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: High Range Obstacle Detection System Market, by Type
9.5.4.2.2 Saudi Arabia: High Range Obstacle Detection System Market, by Application
9.5.4.3 UAE: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: High Range Obstacle Detection System Market, by Type
9.5.4.3.2 UAE: High Range Obstacle Detection System Market, by Application
9.5.4.4 Rest of MEA: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: High Range Obstacle Detection System Market, by Type
9.5.4.4.2 Rest of MEA: High Range Obstacle Detection System Market, by Application
9.6 SAM: High Range Obstacle Detection System Market
9.6.1 SAM: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: High Range Obstacle Detection System Market, by Type
9.6.3 SAM: High Range Obstacle Detection System Market, by Application
9.6.4 SAM: High Range Obstacle Detection System Market, by Key Country
9.6.4.1 Brazil: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: High Range Obstacle Detection System Market, by Type
9.6.4.1.2 Brazil: High Range Obstacle Detection System Market, by Application
9.6.4.2 Argentina: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: High Range Obstacle Detection System Market, by Type
9.6.4.2.2 Argentina: High Range Obstacle Detection System Market, by Application
9.6.4.3 Rest of SAM: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: High Range Obstacle Detection System Market, by Type
9.6.4.3.2 Rest of SAM: High Range Obstacle Detection System Market, by Application
10. High Range Obstacle Detection System Market- COVID-19 Impact Analysis
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Middle East and Africa
10.5 South America
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 SICK AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BAE Systems plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Blickfeld GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Collins Aerospace,a Raytheon Technologies company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ifm electronic gmbh
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 LIVOX
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Lumibird Canada
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Robert Bosch GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Thales Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: High Range Obstacle Detection System Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: High Range Obstacle Detection System Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. US: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. US: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe: High Range Obstacle Detection System Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe: High Range Obstacle Detection System Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. France: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 15. France: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. UK: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 19. UK: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 24. APAC: High Range Obstacle Detection System Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. APAC: High Range Obstacle Detection System Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 26. China: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. China: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 28. India: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 29. India: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 30. Japan: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 31. Japan: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 32. South Korea: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 33. South Korea: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. Australia: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 35. Australia: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 38. MEA: High Range Obstacle Detection System Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 39. MEA: High Range Obstacle Detection System Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of MEA: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of MEA: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 48. SAM: High Range Obstacle Detection System Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. SAM: High Range Obstacle Detection System Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 52. Argentina: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 53. Argentina: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of SAM: High Range Obstacle Detection System Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of SAM: High Range Obstacle Detection System Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. High Range Obstacle Detection System Market Segmentation
Figure 2. High Range Obstacle Detection System Market Segmentation – By Geography
Figure 3. Global High Range Obstacle Detection System Market Overview
Figure 4. Radar Type Segment held the Largest Share
Figure 5. Automotive and Transportation Application Segment held the Largest Share
Figure 6. North America to Hold the Largest Share During Forecast Period
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia Pacific – PEST Analysis
Figure 10. Middle East and Africa – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Expert Opinion
Figure 13. High Range Obstacle Detection System Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of High Range Obstacle Detection System Market
Figure 15. High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. High Range Obstacle Detection System Market Revenue Share, by Type (2019 and 2027)
Figure 17. Radar: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Laser Scanner: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Sonar: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Lidar: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. High Range Obstacle Detection System Market Revenue Share, by Application (2019 and 2027)
Figure 22. Automotive and Transportation: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
Figure 23. Aerospace: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Industrial: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
Figure 25. Marine: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
Figure 26. Other Applications: High Range Obstacle Detection System Market– Revenue and Forecast to 2027 (US$ Million)
Figure 27. High Range Obstacle Detection System Market Revenue Share, by Region (2019 and 2027)
Figure 28. North America: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 29. North America: High Range Obstacle Detection System Market Revenue Share, by Type (2019 and 2027)
Figure 30. North America: High Range Obstacle Detection System Market Revenue Share, by Application (2019 and 2027)
Figure 31. North America: High Range Obstacle Detection System Market Revenue Share, by Key Country (2019 and 2027)
Figure 32. US: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 33. Canada: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 34. Mexico: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Europe: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 36. Europe: High Range Obstacle Detection System Market Revenue Share, By Application (2019 and 2027)
Figure 37. Europe: High Range Obstacle Detection System Market Revenue Share, By Key Country (2019 and 2027)
Figure 38. Germany: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 39. France: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 40. Italy: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. UK: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 42. Russia: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. Rest of Europe: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. APAC: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 45. APAC: High Range Obstacle Detection System Market Revenue Share, by Type (2019 and 2027)
Figure 46. APAC: High Range Obstacle Detection System Market Revenue Share, by Application (2019 and 2027)
Figure 47. APAC: High Range Obstacle Detection System Market Revenue Share, by Key Country (2019 and 2027)
Figure 48. China: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. India: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Japan: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. South Korea: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Australia: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Rest of APAC: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. MEA: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 55. MEA: High Range Obstacle Detection System Market Revenue Share, by Type (2019 and 2027)
Figure 56. MEA: High Range Obstacle Detection System Market Revenue Share, by Application (2019 and 2027)
Figure 57. MEA: High Range Obstacle Detection System Market Revenue Share, by Key Country (2019 and 2027)
Figure 58. South Africa: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 59. Saudi Arabia: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 60. UAE: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 61. Rest of MEA: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 62. SAM: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 63. SAM: High Range Obstacle Detection System Market Revenue Share, by Type (2019 and 2027)
Figure 64. SAM: High Range Obstacle Detection System Market Revenue Share, by Application (2019 and 2027)
Figure 65. SAM: High Range Obstacle Detection System Market Revenue Share, by Key Country (2019 and 2027)
Figure 66. Brazil: High Range Obstacle Detection System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. Argentina: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 68. Rest of SAM: High Range Obstacle Detection System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic in North American Markets
Figure 70. Impact of COVID-19 Pandemic in European Markets
Figure 71. Impact of COVID-19 Pandemic in APAC Markets
Figure 72. Impact of COVID-19 Pandemic in MEA Markets
Figure 73. Impact of COVID-19 Pandemic in South American Markets
The List of Companies - High Range Obstacle Detection System Market
- BAE Systems plc
- Blickfeld GmbH
- Collins Aerospace, a Raytheon Technologies company
- Honeywell International Inc.
- ifm electronic gmbh
- LIVOX
- Lumibird Canada
- Robert Bosch GmbH
- SICK AG
- Thales Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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.
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