| Product Code: ETC4572860 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Hungary`s import trend for commercial vehicles and off-highway radar market experienced a notable decline, with a growth rate of -51.81% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -0.34%. This substantial decrease in import momentum could be attributed to shifting demand patterns or changes in trade policies impacting market stability.
The commercial vehicle off-highway radar market in Hungary is experiencing growth due to the rising demand for advanced safety and driver assistance systems in heavy-duty vehicles and construction machinery. Off-highway radars enable collision avoidance, object detection, and autonomous operation in challenging environments such as construction sites and agricultural fields. Key factors driving the adoption of radar systems include regulatory mandates, emphasis on operator safety, and technological advancements in radar sensing technologies.
Increasing emphasis on vehicle safety features, coupled with stringent government regulations regarding vehicle safety standards, is driving the adoption of off-highway radar systems in commercial vehicles in Hungary. These systems offer advanced collision detection and mitigation capabilities, enhancing overall safety.
The commercial vehicle off-highway radar market in Hungary faces challenges related to technological advancements and regulatory compliance. Developing radar systems that can withstand harsh operating conditions typical in off-highway environments while meeting safety and performance standards is a significant challenge for manufacturers. Additionally, navigating regulatory requirements concerning radar usage in commercial vehicles adds complexity to market entry and product development.
The Hungary government may implement policies to regulate the use of radar technology in commercial off-highway vehicles, particularly focusing on safety standards and compatibility with existing transportation regulations. Additionally, there may be policies aimed at promoting the adoption of radar technology to improve vehicle efficiency and reduce accidents.
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 Hungary Commercial Vehicle & Off-Highway Radar Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Commercial Vehicle & Off-Highway Radar Market - Industry Life Cycle |
3.4 Hungary Commercial Vehicle & Off-Highway Radar Market - Porter's Five Forces |
3.5 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
3.6 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume Share, By vehicle, 2021 & 2031F |
4 Hungary Commercial Vehicle & Off-Highway Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in commercial vehicles and off-highway vehicles |
4.2.2 Stringent regulations mandating the use of radar technology for collision avoidance and safety |
4.2.3 Growing adoption of autonomous vehicles in commercial and off-highway sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with radar technology implementation |
4.3.2 Lack of skilled workforce for maintenance and repair of radar systems in Hungary |
5 Hungary Commercial Vehicle & Off-Highway Radar Market Trends |
6 Hungary Commercial Vehicle & Off-Highway Radar Market, By Types |
6.1 Hungary Commercial Vehicle & Off-Highway Radar Market, By Frequency |
6.1.1 Overview and Analysis |
6.1.2 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By Frequency, 2021-2031F |
6.1.3 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By 24-GHz & 77-81 GHz, 2021-2031F |
6.2 Hungary Commercial Vehicle & Off-Highway Radar Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By LRR, 2021-2031F |
6.2.3 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By S&MRR, 2021-2031F |
6.2.4 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By Mono Camera, 2021-2031F |
6.2.5 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By Stereo Camera, 2021-2031F |
6.3 Hungary Commercial Vehicle & Off-Highway Radar Market, By vehicle |
6.3.1 Overview and Analysis |
6.3.2 Hungary Commercial Vehicle & Off-Highway Radar Market Revenues & Volume, By CV & Off-highway, 2021-2031F |
7 Hungary Commercial Vehicle & Off-Highway Radar Market Import-Export Trade Statistics |
7.1 Hungary Commercial Vehicle & Off-Highway Radar Market Export to Major Countries |
7.2 Hungary Commercial Vehicle & Off-Highway Radar Market Imports from Major Countries |
8 Hungary Commercial Vehicle & Off-Highway Radar Market Key Performance Indicators |
8.1 Average number of radar systems installed per commercial vehicle/off-highway vehicle |
8.2 Rate of adoption of radar technology in new commercial vehicle and off-highway vehicle models |
8.3 Number of accidents prevented or mitigated by radar technology in commercial and off-highway vehicles |
9 Hungary Commercial Vehicle & Off-Highway Radar Market - Opportunity Assessment |
9.1 Hungary Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By Frequency, 2021 & 2031F |
9.2 Hungary Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Hungary Commercial Vehicle & Off-Highway Radar Market Opportunity Assessment, By vehicle, 2021 & 2031F |
10 Hungary Commercial Vehicle & Off-Highway Radar Market - Competitive Landscape |
10.1 Hungary Commercial Vehicle & Off-Highway Radar Market Revenue Share, By Companies, 2024 |
10.2 Hungary Commercial Vehicle & Off-Highway Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |