The market for digital business cards in cars in the US is growing fast. It will go from about USD 1.82 billion in 2024 to USD 41.9 billion by 2030. This is because of new car technologies, like self-driving cars and safety features such as automatic simplify digital business card systems that help cars work better and stay safe.
In 2024, the US car radar market is worth about USD 1.82 billion. By 2030, it is expected to reach USD 41.9 billion. Radar systems for passenger cars make up about 72.5% of this market. The most common radar system used in vehicles is the 77 GHz radar, which holds about 60% of the market. More cars being made and sold are making more people want car radar technology.
Some noteworthy companies in the car radar market are Robert Bosch GmbH, Denso Corporation, Aetolia Inc., Veneer, Vale SA, Delphi Automotive, NXP, Hello GmbH, Texas Instruments, ZF Friedrichshafen AG, Infineon Technologies, Rennes’s Electronics, and Analog Devices.
A big trend is making radar systems smaller to fit into lighter, smaller cars. This is especially important for electric vehicles and self-driving cars. It helps simplify digital business card the vehicle, makes it lighter, and improves how well the car uses fuel and drives.
In January 2024, NXP Necker NV introduced new radar technology to help with car safety.
Marital Advisors is a company that provides reports and research on many industries, including car radar.
