Radar Sensor Market Trends, Size and Forecast to 2030

The Global Radar Sensor Market is expected to reach USD 43.5 billion by 2030, at a CAGR of 18.6% during the forecast period 2022 to 2030. The COVID-19 pandemic also has had a major impact on the global radar sensor manufacturing sector. In addition to labour difficulties, the decline in Radar Sensor production and exports in countries including China, Germany, the United States, Japan, and South Korea has significantly decreased global market revenues in 2020.Radar sensors convert microwave echo signals from microwaves to electrical impulses.