Radar Detectors Market Growth and Value Chain 2017-2027by FMI

Veröffentlicht von: Future Market Insights
Veröffentlicht am: 29.12.2017 14:35
Rubrik: Finanzen & Versicherungen


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Radar Detectors Market: Introduction

Over the years, endless efforts have been made to decrease the number of causalities on roads. In the recent years most of these efforts have been made on developing technologies that helps both warn and help drivers in the events of hazardous situation. Owing to recent advances in information technologies, new applications can be developed to prevent these situations. Therefore, radar detectors provides an effective solutions to avoid the accidents on roads.

Radar detectors are electronics devices used by the vehicle owners to detect if their speed is being monitored by law enforcement or police using a radar gun. Radar detectors are legal in non-commercial vehicles in 49 states (all except Washington D.C. and Virginia). Now a days, radar detectors have been designed as high performance and high technology devices. Also, in the last decade, advances in micro circuitry, chip design and signal processing have led to the design of premium radar detectors that virtually eliminate false alarms and laser with better accuracy.

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Radar Detectors Market: Dynamics

Increasing demand to reduce the accidents rate coupled with ease for drivers to not to cross the limit of their vehicles are altogether spurring the demand for radar detectors. However, for some countries it is illegal to have a radar detector in your vehicle. For instance, in Florida, it is illegal to have a radar or laser signals in vehicle. Any interference with police radar and laser signals id forbidden under Florida law and subject to serious penalties. Under federal laws, all commercial vehicles over more than 10,000 pounds are prohibited from using radar detectors while in operations. In addition, many states have their own laws prohibiting commercial vehicles from using these detectors, including New York, Illinois and New Jersey. Therefore, professional drivers generally avoid using radar detectors altogether to avoid license suspensions and ticketing.

Radar Detectors Market: Trend/Outlook

The global radar detectors market is segmented into seven key regions: Latin America, North America Western Europe and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). In the upcoming years, Japan, Western Europe and North America are expected to hold remarkable share in the demand of radar detectors owing to decrease the accident rates in the region. The APEJ is expected to register significant growth due to growing demand of radar detectors for end user (commercial vehicle) applications in the developing countries led by China followed by India and ASEAN countries. The MEA, Latin America and Eastern Europe are also expected to register healthy CAGR over the forecast period

There are different kinds of radar detectors are available such as x band has a low frequency and high output make it relative easy to detect 2 to 4 miles away. K-band radar is most commonly used by police, and has a small wavelength. A k-band police radar can conduct a precise reading from 0.5 to 2 miles. Most of the manufacturers are investing in R&D department to enhance the functionality of radar detectors as it helps the driver to limit on their vehicles. Also, in the recent years, some radar manufacturers have added GPS technology.

Radar Detectors Market: Segmentation

On the basis of wavelength, the radar detectors can be segmented into two categories:

X-Band
K-Band
Ka-Band
Ku-Band
Others
On the basis of product type, the radar detectors can be segmented into following categories:

Cordless
Corded
Remote mount
On the basis of vehicle type, the radar detectors can be segmented into following categories:

Two Wheeler
Four Wheeler
Others
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Radar Detectors Market: Market Participants

Examples of some of the market participants identified in the radar detectors market across the globe are:

Escorts Inc.
Cobra Electronics Corporation
K40 Electronics
Whistler Radar Detector International
Rocky Mountain Radar
BLADE
Beltronics
Global radars
Tecnet Co. Ltd.
Rizen Corporation
Shenzhen Camedio Technology Co., Ltd.
Shenzhen Sunway Industry Co., Ltd.
Shenzhen Supa Industry Co., Ltd

Firmenportrait:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

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