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The global radar detector market size was USD 343.1 million in 2020. The global impact of COVID-19 has been unprecedented and staggering, with radar detectors witnessing a negative demand shock across all regions amid the pandemic. Based on our analysis, the global market exhibited a huge decline of -23.15% in 2020 as compared to the average year-on-year growth during 2017-2019. The market is projected to grow from USD 348.1 million in 2021 to USD 463.7 million in 2028 at a CAGR of 4.18% in 2021-2028. The sudden rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.
A radar detector is an electronic device used to detect waves that measure the vehicle's speed. The device includes a computer and one or more radio frequency receivers. It catches specific frequencies used by devices, especially radar guns, to identify and detect speeding cars used by police.
Shutdown of Manufacturing Processes Due to COVID-19 Pandemic Hampers Market Growth
The COVID-19 pandemic has harshly impacted the market in the year 2020. A reduction in the demand for detectors due to the overall decline in the GDP values has changed the dynamic of this market.
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Development of Advanced Sensor System and Detection Devices is a Prominent Trend
In recent years, there is a rising demand for advanced detectors from law enforcement agencies. Key players' research and development activities to develop innovative radar detection technology will drive the market growth rate. An increase in demand for driver information systems and radar detection is likely to boost the market.
Nowadays, companies are developing long-range devices with improved accuracy and security. In November 2020, TagMaster, the supplier of advanced sensor systems, launched a radar detector system for counting bicycles and pedestrians. It is the first intelligent bicycle and pedestrian detector in this market.
Increasing Demand to Avoid Road Accidents and Enhance Safety Will Propel Growth
Road accidents are increasing day by day due to high-speed vehicles. Thus, police and law enforcement agencies use a radar gun to detect the vehicle's speed limit. Vehicle owners use these detectors to get information related to police radar guns. Thus, it helps in reducing road accidents. According to the World Health Organization (WHO) report, approximately 1.3 million people die each year in road accidents. The report states that high speed is one of the primary reasons for road traffic crashes. The United Nations General Assembly has set a target of reducing the global number of injuries and deaths to half from road traffic crashes by 2030. Thus, drive the radar detector market growth.
Manufacturing of Compact Design and Low-cost Detectors Will Aid Growth
Introduction of next-generation technologies from original equipment manufacturers (OEMs) to reduce cost and size of the product drive the market growth. Growing demand for advanced systems integrated with GPS and false alarm alert systems propels the market growth. Next-generation devices can detect radar, laser, and VG-2 signals. It improves accuracy and real-time information for drivers. Cobra RAD 350, Escort Max 360c, and Uniden R7 are some of the most popular detector devices in the world.
Stringent Government Rules and Legal Issues May Hamper Growth
The installation of radar detectors in vehicles is illegal in some countries. In Florida, the installation of these systems is unlawful in commercial vehicles that weigh over 10,000 pounds. Thus, it is illegal in some countries to use a jammer or detector in commercial vehicles.
Western Australia State placed a ban on using these devices that will come into force from October 2020. Virginia and the District of Columbia banned the use of detectors in all vehicles. Furthermore, these detectors are illegal in Latin American countries such as Brazil and others, which hampers the market growth.
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Corded Segment Dominated in 2020 Due to Increasing Demand for Military Platforms
Based on type, the market is segmented into corded, cordless, and remote mount.
The corded segment dominated the market in 2020. The dominance is due to its easy power supply to devices and provides a better range than other detectors. These radar detectors never run out of batteries, thus boosting the segmental growth.
The cordless segment is anticipated to show significant growth during 2021-2028 due to its various features, such as easy portability, and it can quickly be removed or moved as per requirement. In addition to that, it has lower power consumption and is convenient for use. Thus, drive the market growth.
X-Band Segment Will Witness Highest Growth Owing to Increasing Demand from Homeland Security Forces
Based on wavelength, the market is classified into X-band, K-band, Ku-band, Ka-band, and others.
The K-band segment held the highest radar detector market share in 2020. It is mainly 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 readings from 0.25 to 2 miles away from the radar gun.
The X-band segment is estimated to show the highest growth during the forecast period as it provides a high output at lower frequencies. It is capable of detecting signals 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 projected to show moderate growth owing to its highest operating range of 34.2 GHz to 35.2 GHz.
North America Radar Detector Market Size, 2020 (USD Million)
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The market is segmented into North America, Europe, Asia-Pacific, and the rest of the World.
North America dominated the market in 2020 and stood at USD 125.1 million. The growth is due to the increasing demand for radar detectors due to road accidents. North American law enforcement agencies use three radar frequencies. K-band operates between 24.05 and 24.25 GHz, X-band operates between 10.5 and 10.55 GHz, and Ka-band operates between 33.4 and 36 GHz. Furthermore, key players such as Cedar Electronics, Whistler Group, Uniden America Corporation, and others drive the market growth across the region.
Europe is anticipated to show remarkable growth during the forecast period. The growth is attributed to the growing concerns to avoid road accidents. Additionally, the presence of key players such as GENEVO, Axis Communications AB, and others propels the market's growth across Europe.
The Asia Pacific is projected to exhibit moderate growth due to the increasing demand from end-user applications in India, China, and Australia. In addition to this, key players such as ATTOWAVE CO., LTD., Shenzhen Camedio Technology Co., Ltd., and others drive the market growth.
The rest of the world will witness significant growth in the market due to the growing demand for detectors to enhance road safety and rising spending on research and development in the Middle East & African countries.
Key Players to Adopt Innovative Research Technology to Strengthen Their Positions
The introduction of Artificial Intelligence (AI) assisted false alert filtering, laser technology, and driver information system technology are the latest radar detectors market trends. OEMs in the automotive industry investing highly in developing advanced detectors and cost-effective solutions that provide reliability, higher accuracy, and convenience.
Key players such as Radenso, Beltronics, Cedar Electronics, and others generate maximum revenue by offering low price products. In June 2020, Escort launched its new Redline 360C that uses Wi-Fi, artificial intelligence, and GPS. It is an advanced, highly sensitive, and undetectable detector.
An Infographic Representation of Radar Detector market
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The market research report provides an in-depth technical analysis of the market. It 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 market trends and highlights key industry developments & trends. In addition to the aforesaid factors, it provides multiple factors that will contribute to the market's growth during the forecast period.
Value (USD Million)
Type, Wavelength, and Geography
Fortune Business Insights says that the global market size was USD 343.1 million in 2020 and is projected to reach USD 463.7 million by 2028.
The market is projected to grow at a CAGR of 4.18% during the forecast period (2021-2028).
The corded segment is expected to lead this market during the forecast period.
Cedar Electronics is the leading player in the global market.
North America held the highest market share in 2020.
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