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Radar Detector Market By Type (Cordless, Corded, Remote Mount); By Wavelength (X-Band, K-Band, Ka-Band, Ku-Band, Others) - Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Radar Detector Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Radar Detector Market Overview

Radar detector is referred to a device which is used for detection of signals. Radar detector helps the cops detect signals at a greater range than the radar unit itself. It aids in detecting the speeding of the car. Radar detectors are easy to operate and low manning is required.

Market Size and Forecast

The global radar detector market is expected to grow at a CAGR of 6.8% over the forecast period i.e. 2018-2025. Additionally, the factors propelling the growth of radar detector market includes growing security concerns coupled with demand to reduce the accidents rate across the globe. Moreover, advancement in technology is believed to foster the growth of radar detector market.

The global radar detector market is segmented into types , wavelength and region. Further, types segment is sub-segmented into cordless, corded and remote mount. Likely, corded segment is believed to be the largest segment in overall radar detector. Corded radar detector is widely used due to it can be mounted on the windshield by means of suction cups.

In terms of regional platform, North America region accounted for the largest market of radar detector in terms of revenue in 2017. Further, North America is expected to continue its dominance over the forecast period owing to technological advancements in the field of radar detector. Additionally, U.S. is the dominating country of radar detector market due to rising investments by government to enhance security infrastructure. Moreover, presence of major key players of radar detector in North America region is believed to foster the growth of radar detector market.CLICK TO DOWNLOAD FREE SAMPLE

radar detector market

 Europe region is also projected to show a tremendous growth over the forecast period. Further, the growth of Europe radar detector market is riding on the back of growing adoption of remote mounts radars. Further, U.K. and Germany are believed to be the major contributor in the market of radar detector over the forecast period.

Asia-Pacific region is the fastest growing market of radar detector in 2017 due to rising awareness regarding radar detector utilization in various industrial activities. Moreover, Asia-Pacific region is the most lucrative market due to emerging economies such as China, Japan and India. In addition to this, China and India are the major countries augmenting the demand for radar detector due to favorable government initiatives. Likely, positive GDP figures coupled with government initiatives to improve vehicle safety & security is envisioned to propel the growth of radar detector market.

Middle East and Africa is poised to showcase outstanding growth during the forecast period due to rapid urbanization couple with government initiatives.

Market Segmentation

Our in-depth analysis segmented the global radar detector market in the following segments:

By Types

  • Cordless
  • Corded
  • Remote Mount

By Wavelength

  • X-Band
  • K-Band
  • Ka-Band
  • Ku-Band
  • Others

By Region

Global radar detector market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and Challenges

Factors such as growing concerns regarding vehicle safety and security across the globe and continuous accidents due to over speeding is expected to flourish the growth of radar detector market by the end of 2025. Moreover, miniaturization and automation of detection systems is projected to flourish the growth of radar detector market around the globe. Likely, growing demand for radar detector in order to detect speed is predicted to boost the demand for radar detector.

Furthermore, rising demand to limit the accidents along with ease for vehicle owners, not to cross the limit of their vehicles are believed to spur the growth of radar detectors market over the forecast period. Additionally, growing research and development activities by major key players to provide effective product and modernization of existing radar detector are garnering the growth of radar detector market. Further, radar detectors are legal in non-commercial vehicles in 49 states in the United States (all except Washington D.C. and Virginia). This factor is also helping the market to grow and achieve phenomenal market size. 

However, high cost of radar detectors is expected to hinder the growth of radar detector market over the forecast period.

Key players

The major key players for radar detector market are as follows

  • Beltronics
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Escorts Inc.
  • Cobra Electronics Corporation
  • K40 Electronics
  • Whistler Radar Detector International
  • Rocky Mountain Radar
  • BLADE
  • Global radars
  • Tecnet Co. Ltd.
  • Rizen Corporation

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global radar detector market is segmented as follows:

  • By Types Market Size & Y-O-Y Growth Analysis
  • By Wavelength Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

 


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