Global Commercial Vehicle & Off Highway Radar Market Companies
The major companies are active in the commercial vehicle & off-highway radar market are, Mitsubishi Electric Corporation, HYUNDAI MOBIS, Veoneer US Safety Systems, LLC. and others. These firms' strategic alliance and collaboration enable them to continuously innovate and create new radar technology. Target market growth is expected to be fueled by the firms' focus on driver safety, advancements in radar sensing technology, and portfolio enhancements through acquisitions.
List of Key Players in the Market:
- Mitsubishi Electric Corporation
- HYUNDAI MOBIS
- Veoneer US Safety Systems, LLC.
- ZF Friedrichshafen AG
- DENSO CORPORATION.
- Baumer
- Johnson Controls
- Marelli Holdings Co., Ltd.
- HELLA GmbH & Co. KGaA
- Robert Bosch GmbH
- Sensata Technologies, Inc
- Continental AG
- NXP Semiconductors
- OMRON Corporation
- PHINIA Inc.
- Ficosa Internacional SA
Recent News:
Recent Developments:
- In September 2023, A strategic agreement was announced by Munich, Mobileye, and Valeo to provide software-defined imaging radar for automated driving features and next-generation driver assistance. This collaboration focused to advance innovative phase in automotive safety & performance and deliver imaging radar to automakers, which is crucial for global industry.
- In January 2023, The U.S. Army contracts with Metawave Corporation for USD 1.7 million to help develop improved sensing and perception radar capabilities for unmanned ground vehicles (UGVs). Under this agreement, Metawave integrate its Carsion radar technology platform with off-road perception to employ long-range and adverse weather detection.
- In October 2022, the 4D imaging radar solutions business Arbe Robotics Ltd. and the automotive technology company Veoneer worked together to co-develop radar for automotive-grade safety and the introduction of autonomous capabilities.. This coloration aided to develop 4D ultra high-resolution imaging radar that operates in difficult weather and lighting conditions. The radar sensor was modular in design, reliable and affordable, aimed to provide both redundancy and the data diversity.
- In January 2022, Global Safety Package 3, an active safety system created by DENSO, aimed to increase vehicle safety by enhancing the high sensing capabilities of its environment. The Global Safety Packages used combinae performance of millimeter-wave radar sensor and vision sensor to assist the drive for the vehicle safety. The radar sensor aimed to detect the shapes of road objects, and can be used in more vehicle types and models.
- In April 2021, Radar sensors are the subject of a master cooperation agreement signed by Marelli and WHST (Wuhu SensorTech Intelligent Technology Co., Ltd.). These radar sensors are intended for use in applications involving autonomous driving (AD) and advanced driver assistance systems (ADAS). This partnership concentrated on the use of radar in 4D radar applications, which Marelli incorporated into smart grilles, rear lamps, and headlamps. The development of AD systems and the implementation of Level 2 and Level 3 autonomous driving in automobiles were made possible by radar sensors, which were essential technologies.