Asia Pacific Radar Detectors Market Forecast to 2030
Asia Pacific Radar Detectors Market Forecast to 2030 – Regional Analysis – by Type (Corded and Remote Mounted) and Radar Type (Dash Camera Based and Without Dash Cam)
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Description
Increasing Integration of Dash Cameras fuel the Asia Pacific Radar Detectors Market
Dash cameras can record video and audio of the road ahead, which can be used to document accidents or other incidents. They can also be used to record traffic violations, such as speeding or running red lights. Radar detectors can detect the radar signals emitted by law enforcement vehicles, giving drivers time to slow down and avoid getting a speeding ticket. Drivers can get the best of both worlds by combining a dash camera and a radar detector. They can have a record of their driving and a warning if they are being targeted by law enforcement. This can help protect drivers from getting a speeding ticket and provide valuable evidence in the event of an accident. Top global automotive brands, including Mercedes-Benz, Audi, BMW, Porsche, and Volkswagen, offer automobiles in the premium segment. These companies widely install dashboard cameras in vehicles. For instance, in December 2019, BMW introduced built-in dashcams following a software update for the latest iDrive 7.0 system. Thus, the increasing integration of dash cameras is anticipated to be a major trend in the radar detectors market.
Asia Pacific Radar Detectors Market Overview
The automotive sector in Asia Pacific witnesses has notable growth potential owing to an increasing population, leading to increased demand for radar detectors as drivers sought ways to enhance safety and avoid over speeding fines. Technological advancements such as improved sensor technology and fast data processing capabilities are raising the popularity of radar detectors in Asia Pacific, mainly in China and Japan. Similar to European countries, countries in Asia Pacific have varying regulations regarding the sale, purchase, and use of radar detectors. In a few countries, the use of radar detectors is legal, while in others, it is restricted or prohibited altogether, limiting the market growth in certain areas.
Asia Pacific Radar Detectors Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Radar Detectors Market Segmentation
The Asia Pacific radar detectors market is segmented based on type, radar type, and country.
Based on type, the Asia Pacific radar detectors market is bifurcated into corded and remote mounted. The corded segment held a larger market share in 2022.
Based on radar type, the Asia Pacific radar detectors market is bifurcated into dash camera based and without dash cam. The without dash cam segment held a larger market share in 2022.
Based on country, the Asia Pacific radar detectors market is segmented into China, Japan, South Korea, Australia, and the Rest of Asia Pacific. China dominated the Asia Pacific radar detectors market share in 2022.
Uniden America Corporation; Attowave Co., Ltd; Willtronics; and Cedar Electronics Corps are some of the leading players operating in the Asia Pacific radar detectors market.
Summary Info
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According to The Research Team’ research, the Asia Pacific radar detectors market was valued at US$ 50.18 million in 2022 and is expected to reach US$ 76.17 million by 2030, registering a CAGR of 5.4% from 2022 to 2030. Increasing demand for radar detector to avoid speeding tickets, growing popularity of GPS-enabled radar detectors, and increasing number of speed traps are the critical factors attributed to the Asia Pacific radar detectors market expansion.
Radar detectors improve safety by warning drivers of other vehicles, pedestrians, and cyclists in their blind spots. This can be especially helpful for electric vehicles, which often have larger blind spots due to their sloping rooflines. Also, radar detectors can be used to help electric vehicles reach their destination on a single charge. For example, radar detectors can warn drivers of upcoming hills, so they can adjust their speed accordingly and conserve energy. To improve environment pollution and reduce fuel consumption, the adoption of electronic modes of transportation is increasing. According to the International Energy Agency (IEA), sixteen countries are currently participating in Electric Vehicles Initiative (EVI): Canada, Chile, China, Finland, France, Germany, India, Japan, the Netherlands, New Zealand, Norway, Poland, Portugal, Sweden, the UK, and the US. Thus, the increasing adoption of electric vehicles is expected to create an opportunity for the radar detectors market.
On the contrary, stringent government regulations and legal issues hurdles the growth of Asia Pacific radar detectors market.
Based on type, the Asia Pacific radar detectors market is bifurcated into corded and remote mounted. The corded segment held 81.9% market share in 2022, amassing US$ 41.07 million. It is projected to garner US$ 60.43 million by 2030 to expand at 4.9% CAGR during 2022–2030.
Based on radar type, the Asia Pacific radar detectors market is bifurcated into dash camera based and without dash cam. The without dash cam segment held 91.3% market share in 2022, amassing US$ 45.81 million. It is projected to garner US$ 69.41 million by 2030 to expand at 5.3% CAGR during 2022–2030.
Based on country, the Asia Pacific radar detectors market has been categorized into China, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 43.5% share of Asia Pacific radar detectors market in 2022. It was assessed at US$ 21.81 million in 2022 and is likely to hit US$ 34.88 million by 2030, exhibiting a CAGR of 6.0% during 2022–2030.
Key players operating in the Asia Pacific radar detectors market are Uniden America Corporation; Attowave Co., Ltd; Willtronics; and Cedar Electronics Corps, among others.
In Sep 2021, ESCORT Debuts the MAXcam 360c, the Brand’s First-Ever Complete Driver Alert System with Radar Detection, Dash Camera and Companion App.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific radar detectors market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific radar detectors market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific radar detectors market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Radar Detectors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Radar Detectors Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Radar Detector to Avoid Speeding Tickets
5.1.2 Growing Popularity of GPS-Enabled Radar Detectors
5.1.3 Increasing Number of Speed Traps
5.2 Market Restraints
5.2.1 Stringent Government Regulations and Legal Issues
5.2.2 False Alert or Signal Interference
5.3 Market Opportunities
5.3.1 Potential Applications in Electric Vehicles
5.4 Future Trends
5.4.1 Increasing Integration of Dash Cameras
5.5 Impact Analysis of Drivers and Restraints
6. Radar Detectors Market – Asia Pacific Market Analysis
6.1 Asia Pacific Radar Detectors Market Overview
6.2 Radar Detectors Market Forecast and Analysis
7. Asia Pacific Radar Detectors Market Analysis – by Type
7.1 Overview
7.2 Radar Detectors Market Breakdown, by Type, 2022 and 2030
7.3 Corded
7.3.1 Overview
7.3.2 Corded Market Forecast and Analysis
7.4 Remote Mounted
7.4.1 Overview
7.4.2 Remote Mounted Market Forecast and Analysis
8. Asia Pacific Radar Detectors Market Analysis – by Radar Type
8.1 Overview
8.2 Radar Detectors Market Breakdown, by Radar Type, 2022 and 2030
8.3 Dash Camera Based
8.3.1 Overview
8.3.2 Dash Camera Based Market Forecast and Analysis
8.4 Without Dash Cam
8.4.1 Overview
8.4.2 Without Dash Cam Market Forecast and Analysis
9. Asia pacific Radar Detectors Market – Country Analysis
9.1 Asia Pacific: Radar Detectors Market
9.1.1 Asia Pacific: Radar Detectors Market, by Key Country
9.1.1.1 Australia: Radar Detectors Market
9.1.1.2 China: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 China: Radar Detectors Market, by Type
9.1.1.2.2 China: Radar Detectors Market, by Radar type
9.1.1.3 South Korea: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 South Korea: Radar Detectors Market, by Type
9.1.1.3.2 South Korea: Radar Detectors Market, by Radar type
9.1.1.4 Japan: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Japan: Radar Detectors Market, by Type
9.1.1.4.2 Japan: Radar Detectors Market, by Radar type
9.1.1.5 Rest of Asia Pacific: Radar Detectors Market
9.1.1.5.1 Rest of Asia Pacific: Radar Detectors Market, by Type
9.1.1.5.2 Rest of Asia Pacific: Radar Detectors Market, by Radar type
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Uniden America Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Attowave Co Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Willtronics
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cedar Electronics Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About The Research Team
12.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. Asia Pacific: Radar Detectors Market, by Key Country – Revenue and Forecast to 2030 (US$ Million)
Table 3. China: Radar Detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 4. China: Radar Detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 5. South Korea: Radar Detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 6. South Korea: Radar Detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 7. Japan: Radar Detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 8. Japan: Radar Detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 9. Rest of Asia Pacific: Radar Detectors Market, by Type –Revenue and Forecast to 2030 (US$ Million)
Table 10. Rest of Asia Pacific: Radar Detectors Market, by Radar type –Revenue and Forecast to 2030 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Radar Detectors Market Segmentation
Figure 2. Asia Pacific Radar Detectors Market Segmentation – by Country
Figure 3. Asia Pacific Radar Detectors Market Overview
Figure 4. Asia Pacific Radar Detectors Market, by Type
Figure 5. Asia Pacific Radar Detectors Market, by Radar Type
Figure 6. Asia Pacific Radar Detectors Market, by Country
Figure 7. Asia-Pacific- PEST Analysis
Figure 8. Asia Pacific Radar Detectors Market, Ecosystem
Figure 9. Asia Pacific Expert Opinions
Figure 10. Asia Pacific Radar Detectors Market: Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific Radar Detectors Market Forecast and Analysis (US$ Million)
Figure 12. Asia Pacific Radar Detectors Market Breakdown, by Type, 2022 and 2030 (%)
Figure 13. Corded Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. Remote Mounted Market Revenue and Forecast to 2030 (US$ Million)
Figure 15. Asia Pacific Radar Detectors Market Breakdown, by Radar Type, 2022 and 2030 (%)
Figure 16. Dash Camera Based Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Without Dash Cam Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Asia Pacific: Radar Detectors Market, by Key Country – Revenue (2022) (US$ Million)
Figure 19. Asia Pacific: Radar Detectors Market Revenue Share, by Key Country (2022 and 2030)
Figure 20. China: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. South Korea: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Japan: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Rest of Asia Pacific: Radar Detectors Market – Revenue and Forecast to 2030 (US$ Million)
The List of Companies – Asia Pacific Radar Detectors Market
o Uniden America Corporation
o Attowave Co., Ltd
o Willtronics
o Cedar Electronics Corps
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