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The global radar detector market size was USD 492.9 million in 2023. The market is projected to grow from USD 514.5 million in 2024 to USD 701.7 million by 2032 at a CAGR of 3.95% over 2024-2032. North America dominated the radar detector market with a market share of 36.44% in 2023.
WE ARE IN THE PROCESS OF REVAMPING Radar Detector market WITH RESPECT TO RUSSIA-UKRAINE CONFLICT
Request SampleA 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.
The COVID-19 pandemic strongly affected the market in 2020. A decrease in the demand for detectors due to the general decrease in GDP values changed the dynamics of the market.
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.
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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
The adoption of new generation technologies by original equipment manufacturers (OEMs) to reduce costs and product size is boosting market growth. The rising demand for integrated systems with advanced GPS and false alarm systems is driving the growth of the market. The next generation devices can detect radar, laser, and VG-2 signals. This improves driver accuracy and real-time information. The Cobra RAD 350, Escort Max 360c, and Uniden R7 are some of the most popular detectors 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.
Corded Segment Dominated in 2023 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 2023. 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 2024-2032 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.
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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 2023. 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.
The market is segmented into North America, Europe, Asia-Pacific, and the rest of the World.
North America Radar Detector Market Size, 2023 (USD Million)
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North America dominated the market in 2023 and stood at USD 179.6 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.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 3.95% from 2024 to 2032 |
Unit | Value (USD Million) |
Segmentation
| By Type
|
By Wavelength
| |
By Geography
|
Fortune Business Insights says that the global market size was USD 492.9 million in 2023 and is projected to reach USD 701.7 million by 2032.
The market is projected to grow at a CAGR of 3.95% during the forecast period (2024-2032).
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 2023.
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