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Stock impact report

Automotive Radar Market Report 2025: $25 Bn Opportunities, Growth Drivers, Industry Trend Analysis, and Forecasts 2021-2034 [Yahoo! Finance]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Yahoo! Finance
Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering. The Automotive Radar Market was valued at USD 6.5 billion in 2024, and is projected to reach USD 25 billion by 2034, rising at a CAGR of 14.6%. This growth is driven by the continuous advancement of radar technology, including innovations such as 4D imaging radar, digital beamforming, and AI-powered radar processing. These enhancements are improving range, resolution, and interference suppression, making radar systems more effective for advanced driver assistance systems (ADAS) and autonomous driving. Over-the-air (OTA) software updates are allowing vehicles to receive radar capability upgrades, further accelerating adoption. The rise of electric and connected vehicles is also fueling demand, as radar technology plays a crucial role in safety features like blind spot monitoring, adaptive cruise control, and automated parking. With the increasing number of connected vehicles, the industr Show less Read more
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