| Product Code: ETC5885871 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The commercial vehicle and off-highway radar import shipments to Sweden in 2024 saw a varied mix of top exporting countries, with Denmark, Spain, Poland, Germany, and the UK leading the way. Despite the diverse sources, market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024. The industry experienced a notable decline in compound annual growth rate (CAGR) from 2020 to 2024 at -12.81%, but showed a promising growth rate of 21.56% from 2023 to 2024, indicating potential opportunities for expansion and development in the coming years.
The Commercial Vehicle Off-Highway Radar Market in Sweden is witnessing significant growth due to the increasing demand for advanced safety and navigation solutions in off-highway vehicles. This market is driven by the rising adoption of radar technology for applications such as collision avoidance, terrain mapping, and automated vehicle operation. The growing focus on enhancing operational efficiency and safety standards in industries like construction, agriculture, and mining is propelling the adoption of radar systems. Regulatory initiatives promoting safety in heavy machinery operations are also contributing to market expansion. Manufacturers are investing in R&D to develop innovative radar solutions that meet the evolving needs of the commercial vehicle sector.
The Sweden Commercial Vehicle Off-Highway Radar market is driven by the growing need for safety and efficiency in the operation of commercial vehicles in challenging terrains. As industries like construction, mining, and agriculture increasingly rely on off-highway vehicles, the demand for advanced radar systems to enhance navigation and obstacle detection has surged. These radar technologies contribute to improving vehicle operation efficiency, reducing accidents, and ensuring compliance with safety regulations. Furthermore, the push for automation in the commercial vehicle sector is further propelling the adoption of radar systems, as they play a crucial role in enabling autonomous functionality and advanced driver-assistance systems.
The commercial vehicle off-highway radar market faces significant challenges related to technological advancements and integration. As off-highway vehicles become more automated, the demand for advanced radar systems increases, yet companies often struggle to keep pace with rapid technological developments. Additionally, the high cost of radar technology can deter investment from smaller companies, limiting market growth. Regulatory compliance also poses challenges, as manufacturers must adhere to stringent safety and performance standards, which can increase development costs and extend time-to-market. Furthermore, competition from alternative sensing technologies, such as LIDAR and camera-based systems, can undermine the radar markets position.
The off-highway radar market for commercial vehicles in Sweden is influenced by the need for enhanced safety and efficiency in construction and agricultural applications. The Swedish government has introduced policies aimed at improving road safety and reducing accidents involving heavy vehicles. Investments in advanced radar technologies and smart infrastructure are encouraged through funding programs. Additionally, regulations mandating the use of safety features in commercial vehicles further stimulate growth in this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Commercial Vehicle & Off-Highway Radar Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Commercial Vehicle & Off-Highway Radar Market - Industry Life Cycle |
3.4 Sweden Commercial Vehicle & Off-Highway Radar Market - Porter's Five Forces |
3.5 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
3.6 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By vehicle, 2021 & 2031F |
4 Sweden Commercial Vehicle & Off-Highway Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on road safety regulations and requirements in Sweden |
4.2.2 Growing demand for advanced driver assistance systems (ADAS) in commercial vehicles and off-highway equipment |
4.2.3 Technological advancements in radar sensors leading to improved performance and reliability |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with radar technology implementation |
4.3.2 Limited awareness and understanding of radar systems among end-users in the commercial vehicle and off-highway sectors |
4.3.3 Integration challenges with existing vehicle systems and infrastructure |
5 Sweden Commercial Vehicle & Off-Highway Radar Market Trends |
6 Sweden Commercial Vehicle & Off-Highway Radar Market Segmentations |
6.1 Sweden Commercial Vehicle & Off-Highway Radar Market, By Frequency |
6.1.1 Overview and Analysis |
6.1.2 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By 24-GHz & 77-81 GHz, 2021-2031F |
6.2 Sweden Commercial Vehicle & Off-Highway Radar Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By LRR, 2021-2031F |
6.2.3 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By S&MRR, 2021-2031F |
6.2.4 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By Mono Camera, 2021-2031F |
6.2.5 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By Stereo Camera, 2021-2031F |
6.3 Sweden Commercial Vehicle & Off-Highway Radar Market, By vehicle |
6.3.1 Overview and Analysis |
6.3.2 Sweden Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By CV & Off-highway, 2021-2031F |
7 Sweden Commercial Vehicle & Off-Highway Radar Market Import-Export Trade Statistics |
7.1 Sweden Commercial Vehicle & Off-Highway Radar Market Export to Major Countries |
7.2 Sweden Commercial Vehicle & Off-Highway Radar Market Imports from Major Countries |
8 Sweden Commercial Vehicle & Off-Highway Radar Market Key Performance Indicators |
8.1 Average installation time for radar systems in commercial vehicles and off-highway equipment |
8.2 Percentage increase in the adoption of radar-based safety systems in the market |
8.3 Number of partnerships and collaborations between radar technology providers and commercial vehicle/off-highway manufacturers |
9 Sweden Commercial Vehicle & Off-Highway Radar Market - Opportunity Assessment |
9.1 Sweden Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By Frequency, 2021 & 2031F |
9.2 Sweden Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Sweden Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By vehicle, 2021 & 2031F |
10 Sweden Commercial Vehicle & Off-Highway Radar Market - Competitive Landscape |
10.1 Sweden Commercial Vehicle & Off-Highway Radar Market Revenue Share, By Companies, 2024 |
10.2 Sweden Commercial Vehicle & Off-Highway Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |