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The global radar detector market size is expected to gain momentum by reaching USD 463.7 million by 2028 from USD 348.1 million in 2021 due to the increasing prevalence of road accidents. This information is provided by Fortune Business Insights in its report titled, “Radar Detector Market Size, Share & COVID-19 Impact Analysis, By Type (Corded, Cordless, Remote Mount), Wavelength (X-Band, Ka-Band, K-Band, Ku-Band, Others, and Regional Forecast, 2021-2028.” The report mentions that the market stood at USD 343.1 million in 2020 and is projected to exhibit a CAGR of 4.18% during the forecast period.
Valentine Research Inc. Launches New Valentine One Radar
In March 2020, Valentine Research Inc. announced the launch of a new Valentine One radar detector named Gen2. This Gem 2 is based on military radar technology to offer better detection. This radar also helps in sifting through false signals from driver-assistance tech. The radar can be connected to one’s phone using its built-in Bluetooth abilities. Furthermore, it has a built-in feature called K-Verifier, which is specifically designed to fight the unnecessary K-band alerts that V1s pick up from an advanced cruise control system.
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Manufacturing of Compact Design and Low-cost Detectors Will Aid Growth
The advancement in technology has led to the adoption of next-generation technologies, which are more efficient as well as are cost-effective as compared to traditional equipment. Thus the adoption of advanced systems integrated with GPS and false alarm alert systems in these detects is expected to drive radar detector market growth. These next-generation devices can detect radar, laser, and VG-2 signals. Additionally, it also helps in improving accuracy and provides real-time information for drivers. For instance, Cobra RAD 350, Escort Max 360c, and Uniden R7 are a few of the popular detector devices which are used in the world.
Key Players Focus on Product Launch to Brighten Their Market Prospects
The market is experiencing healthy competition among key players focusing on developing and launching new products to widen their product portfolio and further boost sales revenues. In addition, the other players are trying to maintain their position in the market by adopting strategies such as merger and acquisition, partnership and collaboration, and new launches that will contribute to the growth of this market during the forecast period.
List of Key Players Profiled in the Report
Further Report Findings
Table of Segmentation
Value (USD Million)
Type, Wavelength, and Geography