Radar Detectors Market Overview and Forecast by 2030
The radar detectors market size is projected to reach US$ 290.06 million by 2030 from US$ 207.75 million in 2022. The market is expected to register a CAGR of 4.30% during 2022–2030. The Increasing integration of dash cameras is likely to remain a key trend in the market.
Radar Detectors Market Analysis
Mosmans in radar technologies have developed more sophisticated radar detectors that can offer improved accuracy to reduce false alerts for consumers in Canada; this development triggered the need for radar detectors with features such as GPS technology, smartphone connectivity, and community-based alerts to share real-time information about speed traps and law enforcement activity.
Radar Detectors Market Overview
Radar detectors have become a driver's way of minimizing the chances of being caught for speeding. A radar detector is, in fact, a boon for those who inadvertently exceed the speed limit. Using a radar detector when driving might also act psychologically to alter driving behavior. GPS-enabled radar detectors are gaining popularity. GPS-enabled radar detectors use a GPS receiver to store the location of known speed and red-light cameras. These detectors can also use GPS to filter out false alerts from other radar sources and improve accuracy and real-time information for drivers. Thus, the demand for radar detectors is increasing. Several market players, including Radenso, Escort, Uniden, and Cobra, provide GPS-enabled radar detectors.
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Radar Detectors Market: Strategic Insights
Market Size Value in US$ 207.75 million in 2022 Market Size Value by US$ 290.06 million by 2030 Growth rate CAGR of 4.3% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Radar Detectors Market: Strategic Insights
| Market Size Value in | US$ 207.75 million in 2022 |
| Market Size Value by | US$ 290.06 million by 2030 |
| Growth rate | CAGR of 4.3% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Radar Detectors Market Drivers and Opportunities
Increasing Demand for Road Safety to Favor Market
Radar detectors help improve road safety in several ways. They can alert drivers of the presence of radar-equipped law enforcement vehicles. This 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. This information can help drivers make better decisions while driving.
The increase in high-speed vehicles is resulting in a rise in road accidents. Thus, police and law enforcement agencies use radar guns to detect the vehicle's speed. Drivers use radar detectors to get information about radar guns and decrease their speed accordingly, which helps reduce road accidents. According to a report published by the World Health Organization (WHO) in June 2022, ~1.3 million people die each year due to road traffic crashes. The WHO report states that speeding is one of the major factors in road accidents. Various organizations are taking steps to reduce the number of road accidents. For example, the United Nations General Assembly has set an ambitious target of cutting the global number of injuries and deaths from road traffic crashes by 2030. Thus, the increased number of road accidents and a rise in demand for road safety drive the radar detectors market
Legalization of Radar Detectors
The radar detector market is legal in South Korea, and the government is open to exploring new opportunities in the market. South Korea is home to major automobile manufacturers such as Hyundai and Kia, and the country has strong potential for the automotive industry. With the growing number of vehicles, which includes sports cars and luxury cars, there is an increasing demand for radar detectors. Also, radar detector manufacturers are developing more advanced sophisticated products with improved accuracy features to attract potential customers. There are a few leading suppliers and manufacturers of radar detectors in South Korea, namely ANWave Co. Ltd, WILLTRONICS CO., LTD; and Attowave Co. Ltd. Thus, with the changes in regulations and legalization of radar detectors in countries such as India and Australia, the South Korean manufacturers will also get more opportunities to expand their radar detector market share.
Radar Detectors Market Report Segmentation Analysis
Key segments that contributed to the derivation of the radar detectors market analysis are type, wavelength, and technology.
- Based on the type, the radar detectors market is segmented as corded, cordless, and remote-mounted.
- Based on the wavelength, the radar detector market is segmented into X band, K band, Ka band, and Ku band.
- In terms of radar type, the market is segmented into dash camera-based and non-dash camera-based.
Radar Detectors Market Share Analysis by Geography
The geographic scope of the radar detectors market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. Radar detectors are 100% legal in China; as per the laws, there are no objections to selling and purchasing radar detectors. China has a massive and growing automotive market, with millions of new vehicles hitting the road each year. Also, there is a growing popularity of sports cars and high-end luxury cars in China, which increases the potential customer base for detectors. With the growing population, the roads have become a significant concern, owing to which drivers are more interested in investing in radar detectors to help them avoid speeding tickets and potential accidents. In search environments, drivers use radar detectors to navigate through traffic and avoid potential speed traps.
Radar Detectors Market Report Scope
Radar Detectors Market News and Recent Developments
The radar detectors market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the radar detectors market are listed below:
- The MAXcam 360c, a high-performance radar detector and cutting-edge dash camera was launched by ESCORT. The ESCORT MAXcam 360c 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.
(Source: ESCORT, September 2021)
- The Redline Ci 360c, the brand's most sophisticated custom-installed radar and laser system to date, was unveiled by ESCORT. The Redline Ci 360c offers the best level of protection against radar and laser signals with prompt and intelligent alerts, as well as enabling unique installation choices for a luxurious and covert appearance. The Redline Ci 360c is outfitted with a front and rear radar receiver, five brand-new laser shifters, and sophisticated false alert filtering software.
(Source: ESCORT, April 2023)
Radar Detectors Market Report Coverage and Deliverables
The “Radar Detectors Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Radar detectors market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Radar detectors market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Radar detectors market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the radar detectors market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and Radar Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
North America dominated the radar detectors market in 2022.
Increasing demand for road safety is the major factors that propel the global radar detectors market.
Increasing integration of dash cameras to play a significant role in the global radar detectors market in the coming years.
The leading players operating in the global radar detectors market are Uniden America Corp, Cedar Electronics Corp, Radenso, K40 Electronics LLC, The Whistler Group Inc, Genevo SRO, IDeal Intelligent Technology Co Ltd, Axis Communications AB, Shenzhen Sinomatic Technology Co Ltd, Novasky Technology Co Ltd and Wavesonic Technology Co Ltd.
The global radar detectors market is expected to reach US$ 290.06 million by 2030.
The market is expected to register a CAGR of 4.3% during 2022–2030
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Radar Detectors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 Rest of World
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Radar Detectors Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Radar Detector to Avoid Speeding Tickets
5.1.2 Growing Popularity of GPS-Enabled Radar Detectors
5.1.3 Increasing Number of Speed Traps
5.2 Market Restraints
5.2.1 Stringent Government Regulations and Legal Issues
5.2.2 False Alert or Signal Interference
5.3 Market Opportunities
5.3.1 Potential Applications in Electric Vehicles
5.5 Future Trends
5.5.1 Increasing Integration of Dash Cameras
5.6 Impact Analysis of Drivers and Restraints
6. Radar Detectors Market – Global Market Analysis
6.1 Radar Detectors Market Overview
6.2 Radar Detectors Market Forecast and Analysis
6.3 Market Positioning – Global Key Players
7. Radar Detectors Market Analysis – by Type
7.1 Overview
7.2 Radar Detectors Market Breakdown, by Type, 2022 and 2030
7.3 Corded
7.3.1 Overview
7.3.2 Corded Market Forecast and Analysis
7.4 Remote Mounted
7.4.1 Overview
7.4.2 Remote Mounted Market Forecast and Analysis
8. Radar Detectors Market Analysis – by Radar Type
8.1 Overview
8.2 Radar Detectors Market Breakdown, by Radar Type, 2022 and 2030
8.3 Dash Camera Based
8.3.1 Overview
8.3.2 Dash Camera Based Market Forecast and Analysis
8.4 Without Dash Cam
8.4.1 Overview
8.4.2 Without Dash Cam Market Forecast and Analysis
9. Radar Detectors Market – Geographic Analysis
9.1 Overview
9.2 North America: Radar detectors Market
9.2.1 North America: Revenue and Forecast to 2030 (US$ Million)
9.2.2 North America: Radar detectors Market, by Type
9.2.3 North America: Radar detectors Market, by Radar type
9.2.4 North America: Radar detectors Market, by Key Country
9.2.4.1 US: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.2.4.1.1 US: Radar detectors Market, by Type
9.2.4.1.2 US: Radar detectors Market, by Radar type
9.2.4.2 Canada: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.2.4.2.1 Canada: Radar detectors Market, by Type
9.2.4.2.2 Canada: Radar detectors Market, by Radar type
9.2.4.3 Mexico: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.2.4.3.1 Mexico: Radar detectors Market, by Type
9.2.4.3.2 Mexico: Radar detectors Market, by Radar type
9.3 Europe: Radar detectors Market
9.3.1 Europe: Revenue and Forecast to 2030 (US$ Million)
9.3.2 Europe: Radar detectors Market, by Type
9.3.3 Europe: Radar detectors Market, by Radar type
9.3.4 Europe: Radar detectors Market, by Key Country
9.3.4.1 Germany: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.3.4.1.1 Germany: Radar detectors Market, by Type
9.3.4.1.2 Germany: Radar detectors Market, by Radar type
9.3.4.2 Italy: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.3.4.2.1 Italy: Radar detectors Market, by Type
9.3.4.2.2 Italy: Radar detectors Market, by Radar type
9.3.4.3 France: Radar detectors Market –
9.3.4.4 UK: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.3.4.4.1 UK: Radar detectors Market, by Type
9.3.4.4.2 UK: Radar detectors Market, by Radar type
9.3.4.5 Russia: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.3.4.5.1 Russia: Radar detectors Market, by Type
9.3.4.5.2 Russia: Radar detectors Market, by Radar type
9.3.4.6 Rest of Europe: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.3.4.6.1 Rest of Europe: Radar detectors Market, by Type
9.3.4.6.2 Rest of Europe: Radar detectors Market, by Radar type
9.4 Asia Pacific: Radar detectors Market
9.4.1 Asia Pacific: Revenue and Forecast to 2030 (US$ Million)
9.4.2 Asia Pacific: Radar detectors Market, by Type
9.4.3 Asia Pacific: Radar detectors Market, by Radar type
9.4.4 Asia Pacific: Radar detectors Market, by Key Country
9.4.4.1 Australia: Radar detectors Market
9.4.4.2 China: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.4.4.2.1 China: Radar detectors Market, by Type
9.4.4.2.2 China: Radar detectors Market, by Radar type
9.4.4.3 South Korea: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.4.4.3.1 South Korea: Radar detectors Market, by Type
9.4.4.3.2 South Korea: Radar detectors Market, by Radar type
9.4.4.4 Japan: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.4.4.4.1 Japan: Radar detectors Market, by Type
9.4.4.4.2 Japan: Radar detectors Market, by Radar type
9.4.4.5 India: Radar detectors Market
9.4.4.6 Rest of Asia Pacific: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Radar detectors Market, by Type
9.4.4.6.2 Rest of Asia Pacific: Radar detectors Market, by Radar type
9.5 Rest of World: Radar detectors Market
9.5.1 Rest of World: Revenue and Forecast to 2030 (US$ Million)
9.5.2 Rest of World: Radar detectors Market, by Type
9.5.3 Rest of World: Radar detectors Market, by Radar type
9.5.4 Rest of World: Radar detectors Market, by Key Country
9.5.4.1 Puerto Rico: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.5.4.1.1 Puerto Rico: Radar detectors Market, by Type
9.5.4.1.2 Puerto Rico: Radar detectors Market, by Radar type
9.5.4.2 South Africa: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.5.4.2.1 South Africa: Radar detectors Market, by Type
9.5.4.2.2 South Africa: Radar detectors Market, by Radar type
9.5.4.3 Rest of World: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.5.4.3.1 Rest of World: Radar detectors Market, by Type
9.5.4.3.2 Rest of World: Radar detectors Market, by Radar type
10. Impact of COVID-19 Pandemic on Global Radar Detectors Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of Covid-19 Pandemic
10.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic
10.5 Rest of World: Impact Assessment of Covid-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Uniden America Corp
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 K40 Electronics LLC
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 Adaptiv Technologies LLC
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 Attowave Co Ltd
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 Valentine Research 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 Genevo SRO
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 Radar Solutions LLC
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 The Whistler Group Inc
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 Willtronics
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 Radenso
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
12.11 Cedar Electronics Corp
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. North America: Radar detectors Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. North America: Radar detectors Market, by Radar type – Revenue and Forecast to 2030 (US$ Million)
Table 4. North America: Radar detectors Market, by Key Country – Revenue and Forecast to 2030 (US$ Million)
Table 5. US: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 6. US: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 8. Canada: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 9. Mexico: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 10. Mexico: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 11. Europe: Radar detectors Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 12. Europe: Radar detectors Market, by Radar type – Revenue and Forecast to 2030 (US$ Million)
Table 13. Europe: Radar detectors Market, by Key Country – Revenue and Forecast to 2030 (US$ Million)
Table 14. Germany: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 15. Germany: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 16. Italy: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 17. Italy: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 18. UK: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 19. UK: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 20. Russia: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 21. Russia: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 22. Rest of Europe: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of Europe: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 24. Asia Pacific: Radar detectors Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 25. Asia Pacific: Radar detectors Market, by Radar type – Revenue and Forecast to 2030 (US$ Million)
Table 26. Asia Pacific: Radar detectors Market, by Key Country – Revenue and Forecast to 2030 (US$ Million)
Table 27. China: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 28. China: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 29. South Korea: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 30. South Korea: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 31. Japan: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 32. Japan: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 33. Rest of Asia Pacific: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 34. Rest of Asia Pacific: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 35. Rest of World: Radar detectors Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 36. Rest of World: Radar detectors Market, by Radar type – Revenue and Forecast to 2030 (US$ Million)
Table 37. Rest of World: Radar detectors Market, by Key Country – Revenue and Forecast to 2030 (US$ Million)
Table 38. Puerto Rico: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 39. Puerto Rico: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 40. South Africa: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 41. South Africa: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 42. Rest of World: Radar detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 43. Rest of World: Radar detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 44. List of Abbreviation
LIST OF FIGURES
Figure 1. Radar Detectors Market Segmentation
Figure 2. Radar Detectors Market Segmentation – by Geography
Figure 3. Global Radar Detectors Market Overview
Figure 4. Radar Detectors Market, by Type
Figure 5. Radar Detectors Market, by Radar Type
Figure 6. Radar Detectors Market, by Geography
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia-Pacific- PEST Analysis
Figure 10. Rest of World: PEST Analysis
Figure 11. Radar Detectors Market, Ecosystem
Figure 12. Radar Detectors Market: Impact Analysis of Drivers and Restraints
Figure 13. Radar Detectors Market – Geographic Analysis
Figure 14. Radar Detectors Market Forecast and Analysis (US$ Million)
Figure 15. Radar Detectors Market Breakdown, by Type, 2022 and 2030 (%)
Figure 16. Corded Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Remote Mounted Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Radar Detectors Market Breakdown, by Radar Type, 2022 and 2030 (%)
Figure 19. Dash Camera Based Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. Without Dash Cam Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Global Radar detectors Market Revenue Share, by Region (2022 and 2030)
Figure 22. North America: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. North America: Radar detectors Market Revenue Share, by Type (2022 and 2030)
Figure 24. North America: Radar detectors Market Revenue Share, by Radar type (2022 and 2030)
Figure 25. North America: Radar detectors Market Revenue Share, by Key Country (2022 and 2030)
Figure 26. US: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Canada: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Mexico: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. Europe: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 30. Europe: Radar detectors Market Revenue Share, by Type (2022 and 2030)
Figure 31. Europe: Radar detectors Market Revenue Share, by Radar type (2022 and 2030)
Figure 32. Europe: Radar detectors Market Revenue Share, by Key Country (2022 and 2030)
Figure 33. Germany: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 34. Italy: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 35. UK: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 36. Russia: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 37. Rest of Europe: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 38. Asia Pacific: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 39. Asia Pacific: Radar detectors Market Revenue Share, by Type (2022 and 2030)
Figure 40. Asia Pacific: Radar detectors Market Revenue Share, by Radar type (2022 and 2030)
Figure 41. Asia Pacific: Radar detectors Market Revenue Share, by Key Country (2022 and 2030)
Figure 42. China: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 43. South Korea: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 44. Japan: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 45. Rest of Asia Pacific: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 46. Rest of World: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 47. Rest of World: Radar detectors Market Revenue Share, by Type (2022 and 2030)
Figure 48. Rest of World: Radar detectors Market Revenue Share, by Radar type (2022 and 2030)
Figure 49. Rest of World: Radar detectors Market Revenue Share, by Key Country (2022 and 2030)
Figure 50. Puerto Rico: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 51. South Africa: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 52. Rest of World: Radar detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 53. Impact of COVID-19 Pandemic on North America Country Markets
Figure 54. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 55. Impact of COVID -19 Pandemic on Asia Pacific Country Markets
Figure 56. Impact of COVID -19 Pandemic on Rest of World Country Markets
The List of Companies - Radar Detectors Market
- Cedar Electronics
- Uniden Holdings Corporation
- Whistler Group
- Valentine Research, Inc.
- Radenso
- Attowave Co., Ltd
- GENEVO s.r.o.
- Willtronics; K40 Electronics, LLC
- Adaptiv Technologies
- 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.
- 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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