Moreover, the presence of regulations on the utilization of vehicles that are mirror less and usage of radar detectors considered illegal in some countries, which are the main restraints in this market.
By technology, the radar-based system segment is expected to dominate the XX% market share during the forecast period. The radar-based system segment is mainly an electromagnetic system that is used for detecting locations and distances of an object. As the term plans short-range radar can be used for detecting near objects in systems such as park assist, which is used in modern cars. Various sensor manufacturers are focusing their developments on reducing the cost of radars so that it’s cost-effective to fit sensors in a vehicle to provide object detection.
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