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Radar Detector Market Size, Share & COVID-19 Impact Analysis, By Type (Cordless, Corded, Remote Mount), Wavelength (X-Band, K-Band, Ka-Band, Ku-Band, Others}, and Regional Forecast, 2020-2027

Region : Global | Format: PDF | Report ID: FBI103741

 

KEY MARKET INSIGHTS

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The global radar detector market size was USD 434.0 million in 2019 and is projected to reach USD 585.5 million by 2027, exhibiting a CAGR of 4.40% during the forecast period.

COVID-19 Cover

This report covers COVID-19 impact analysis on Radar Detector market

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A radar detector is an electronic device used to detect radar waves that can measure the speed of the vehicle. It acts as radio receivers and catches specific frequencies used by radar devices, especially radar guns to identify and detect speeding cars used by police. Radar signals spread out in the air as they propagate away from the radar gun. Thus, detectors in moving cars catch radio wave transmission before the car comes close to the police. The device senses specific frequency signals and notifies the driver by triggering an audible alarm and delivering a visual display to reduce the vehicle’s speed.


The shutdown of Production Processes amid COVID-19 Pandemic to Hamper Demand


The COVID-19 pandemic has significantly impacted the global market in the year 2020 and would likely to continue doing so till 2021. A reduction in the demand for radar detectors due to the overall decline in the GDP values has changed the market dynamics.


The spread of coronavirus has resulted in a reduction in the manufacturing of detector devices from OEMs. Several contracts were kept on hold due to lockdown in most countries. The onset of lockdown has taken a toll on the global economy that further resulted in the disruption of supply chains, shutdown of production processes, and effects on inventories. Also, the reduction in export and international trades would hamper the growth of the market. The U.S. Directorate of Defense Trade Controls temporarily suspended the new registration and renewal requirements for OEMs, traders & exporters, and dealers. This further delayed the supply of sophisticated devices in the market.


LATEST TRENDS


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Introduction of Advanced Driver Information System is a Prominent Trend


In recent years, there is an increasing demand for advanced radar detectors from law enforcement agencies. The research and development activities by companies to develop innovative radar detection technology is likely to showcase a significant growth rate in the next few years. The rising demand for advanced radar detection and driver information systems would propel the growth of the market. Key players nowadays are developing long-range devices with improved accuracy and security. In 2020, Image Sensing Systems, Inc. launched RTMS Echo, a next-generation radar unit. It is a powerful Internet of Things (IoT)-ready device that provides drivers access to actionable traffic data.


Furthermore, top range detectors can offer GPS functionality, directional indicators, and smart technology to identify false signals. In November 2019, Continental launched its fifth-generation long-range radar. It provides high resolution and a range of up to 300 meters that enables cars to monitor their surroundings and navigate safely.


DRIVING FACTORS


Urgent Need to Avoid Road Accidents will Propel Growth


The detector devices are used by vehicle owners to detect whether their speed is being monitored by police or law enforcement using a radar gun. Road accidents are increasing day by day due to high-speed vehicles. Thus, police and law enforcement use a radar gun to detect the speed of the vehicle and issue a ticket or punishment if the vehicle is not following speed limits. Vehicle owners use these products to get information related to police radar guns and reduce their speed to avoid such consequences. Thus, it helps in reducing road accidents.


Nowadays, advanced detectors are being equipped with novel technology so that they can provide high-performance. Furthermore, technological advancements such as the development of microcircuitry, signal processing, and advanced chip design would lead to the emergence of premium products that can avoid false alarms and lasers with improved accuracy.


Development of Low-cost and Compact Design Products to Drive Growth


Nowadays, key players in the radar detector market are focusing on the introduction of advanced technologies to reduce the size and cost of the product. Devices that are being integrated with GPS and false alarm alert systems are gaining more popularity across the globe. Advanced devices have the capability to detect laser, radar, and VG-2 signals. They provide accuracy and real-time information to drivers. Uniden R7, Cobra RAD 350, and Escort Max 360c are some of the most popular detector devices.


RESTRAINING FACTORS


Stringent Government Rules and Legal Issues May Hamper Growth


The installation of radar detectors in vehicles is illegal in some countries. In Florida, they are illegal in commercial vehicles weighing over 10,000 pounds. The police laws are varied from country to country. Thus, It is illegal in some countries to use a radar detector or jammer in commercial vehicles. Western Australia State placed a ban on the use of these devices that will be applicable from October 2020. The use of these devices is also banned in all vehicles in Virginia and the district of Columbia.


SEGMENTATION


By Type Analysis


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Corded Segment Dominated in 2019 Owing to Increasing Demand for Military Platforms


Based on type, the market is segmented into cordless, corded, and remote mount. The corded segment held the highest radar detector market share in 2019. It provides a better range than the other detectors and easy power supply to the devices. Valentine Research has developed the Valentine V1 Gen2 radar detector which uses a military radar technique, SAW D2L power that improves range and processing power. The cordless segment will showcase significant growth opportunities during the forecast period owing to its various features such as easy portability. It can also be quickly removed or moved as per one’s requirement. Besides, it has lower power consumption and is convenient for use.


By Wavelength Analysis


X-Band Segment to Exhibit Highest CAGR Due to Rising Adoption in Homeland Security Forces


On the basis of type, the market is segmented into X-band, K-band, Ka-band, Ku-band, and others. The K-band segment held the highest share in the market in 2019. This radar is mostly used by police and has a small wavelength. It has an operating range of 24.05 GHz to 24.25 GHz. It can detect accurate reading from 0.25 to 2 miles away from the radar gun.


The X-band segment will showcase significant growth during the forecast period as it provides high output at lower frequencies. Thus, this frequency is capable of detecting signals at 2 to 4 miles away. It is used for moving target detection and surface vehicle imaging. The Accipiter NM1-8A Security Radar System includes X-band radar sensors that provide solutions to homeland security. The Ka-band segment is anticipated to show considerable growth owing to its highest operating range of 34.2 GHz to 35.2 GHz.


REGIONAL INSIGHTS


North America Radar Detector Market Size, 2019 (USD Million)

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The market size in North America stood at USD 158.2 million in 2019. The dominance of this region is attributable to the presence of key players such as Cedar Electronics, Whistler Group, Uniden America Corporation, and others in the region. Most of the states in the U.S. have allowed using such products that would further drive the growth of the market across this region.


Europe is considered to be one of the key regions that would register a remarkable growth in the market during the forecast period. The growth is attributed to the increasing concerns to avoid road accidents. The presence of key players such as GENEVO, Axis Communications AB, and others would also drive the growth of the market.


Asia Pacific is anticipated to exhibit significant growth owing to the rising demand from end-user applications in countries such as China, India, and Japan. In addition to this, the presence of key players such as ATTOWAVE CO., LTD., Shenzhen Camedio Technology Co., Ltd., and others would boost the growth of the market across the region.


The rest of the world is set to register significant growth during the forecast period. This growth is attributed to the increasing expenditure on research and development and the rising demand for radar detectors to improve road safety.


KEY INDUSTRY PLAYERS


Key Players to Adopt Innovative Research Technology to Strengthen Positions


The introduction of laser technology, artificial intelligence (AI)-assisted false alert filtering, and driver awareness technology is the upcoming trend in the market. Key players are focusing on developing cost-effective and advanced detectors that would provide higher accuracy, reliability, and convenience. A diversified product type portfolio of these products, along with innovative research technology adopted by key players is the major factor that would strengthen their positions in the market.


LIST OF KEY COMPANIES PROFILED:



  • ATTOWAVE CO., LTD. (South Korea)

  • Axis Communications AB (Sweden)

  • Cedar Electronics (The U.S.)

  • GENEVO (Czech Republic)

  • K40 Electronics (The U.S)

  • Radenso Radar (The U.S.)

  • Rocky Mountain Radar (The U.S.)

  • Shenzhen Camedio Technology Co., Ltd. (China)

  • Uniden America Corporation (The U.S.)

  • Whistler Group (The U.S.)


KEY INDUSTRY DEVELOPMENTS:



  • June 2020 – Escort introduced ESCORT Redline 360c with the highest detection range, accuracy, 25X more processing power, and AI-assisted false alert filtering. It has a TRUE 360° feature that provides directional awareness and protection. It would help drivers to locate the direction of the radar source.

  • June 2019: Cobra Electronics launched its latest intelligent driver information system, Cobra Elite Series: Road Scout and DualPro 360°. The unit consists of a long-range detection system, a high definition camera, and a highly accurate system.


REPORT COVERAGE


An Infographic Representation of Radar Detector market

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The market research report provides an in-depth technical analysis of the market and majorly focuses on key aspects such as the leading market players, the effect of COVID-19 on the market, vital products, leading technological trends, company profiles, and research ideology of the product. Besides this, it offers insights into the radar detector market trends and highlights key industry developments & trends. In addition to the aforesaid factors, it provides multiple factors that will contribute to the growth of the market during the forecast period.


Report Scope & Segmentation








































 ATTRIBUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD Million)



Segmentation



By Type



  • Cordless

  • Corded

  • Remote Mount



By Wavelength



  • X-Band

  • K-Band

  • Ka-Band

  • Ku-Band

  • Others



By Geography



  • North America (The U.S. and Canada)

  • Europe (The U.K., Germany, France, Russia, and Rest of Europe)

  • Asia-Pacific (Japan, China, India, Australia, and Rest of Asia- Pacific)

  • Rest of the World (Latin America and the Middle East & Africa)



Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 434.0 million in 2019 and is projected to reach USD 585.5 million by 2027.

In 2019, the North America market value stood at USD 158.2 million.

Registering a CAGR of 4.40%, the market will exhibit steady growth in the forecast period (2020-2027).

The corded segment is expected to be the leading segment in this market during the forecast period.

The rising demand for radar detectors to avoid road accidents is the key factor driving the market.

Cedar Electronics, Whistler Group, Uniden America Corporation, Axis Communications AB, Radenso Radar, and GENOVO are the major players in the global market.

North America dominated the market in terms of share in 2019.

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Radar Detector market Size, Share and Global Industry Trend Forecast till 2026
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