| Product Code: ETC4569872 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Sri Lanka automotive RADAR market is poised for expansion, largely due to the growing emphasis on vehicle safety and the implementation of advanced driver-assistance systems (ADAS). Automotive RADAR systems are essential for functions such as collision avoidance, adaptive cruise control, and parking assistance. The increasing awareness about road safety and the push for regulatory mandates on vehicle safety features are driving the adoption of RADAR technology in the automotive sector. The market is also benefiting from advancements in RADAR technology, which are making these systems more affordable and effective.
The growth of the automotive RADAR market in Sri Lanka is primarily driven by the increasing focus on vehicle safety and the adoption of advanced driver assistance systems (ADAS). The rising incidence of road accidents has heightened the need for enhanced safety measures, thereby boosting the demand for automotive RADAR systems. Additionally, technological advancements and the declining costs of RADAR sensors are making these systems more accessible to a broader range of vehicle segments. The push towards autonomous driving technologies is also a significant driver for this market.
In the automotive RADAR market, Sri Lanka faces the challenge of high initial costs and the need for significant investment in infrastructure and technology. The local market is relatively nascent, and there is a lack of technical expertise and skilled labor to develop and maintain RADAR systems. Regulatory hurdles and the absence of specific standards for automotive RADAR technology further complicate market growth. Additionally, consumer awareness and acceptance of advanced driver-assistance systems (ADAS) that rely on RADAR technology are still low, impeding market penetration.
The Sri Lankan government has recognized the importance of advanced driver assistance systems (ADAS) and autonomous driving technologies, thereby fostering the automotive RADAR market. Policies include investment in infrastructure to support smart vehicle technology, grants for research and development in RADAR technology, and partnerships with global technology firms. Moreover, regulatory frameworks are being updated to ensure the safe deployment of RADAR-equipped vehicles.
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 Sri Lanka Automotive RADAR Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Automotive RADAR Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Automotive RADAR Market - Industry Life Cycle |
3.4 Sri Lanka Automotive RADAR Market - Porter's Five Forces |
3.5 Sri Lanka Automotive RADAR Market Revenues & Volume Share, By Range Type, 2021 & 2031F |
3.6 Sri Lanka Automotive RADAR Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Sri Lanka Automotive RADAR Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
4 Sri Lanka Automotive RADAR Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced driver assistance systems (ADAS) in vehicles for improved safety and driving experience. |
4.2.2 Government regulations mandating the use of radar technology in vehicles to enhance road safety. |
4.2.3 Growing investments in infrastructure development and smart city initiatives driving the adoption of automotive radar systems. |
4.3 Market Restraints |
4.3.1 High initial costs associated with the implementation of radar technology in vehicles. |
4.3.2 Lack of skilled professionals for the maintenance and repair of automotive radar systems. |
4.3.3 Potential cybersecurity threats and privacy concerns related to the use of radar technology in vehicles. |
5 Sri Lanka Automotive RADAR Market Trends |
6 Sri Lanka Automotive RADAR Market, By Types |
6.1 Sri Lanka Automotive RADAR Market, By Range Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Automotive RADAR Market Revenues & Volume, By Range Type, 2021-2031F |
6.1.3 Sri Lanka Automotive RADAR Market Revenues & Volume, By Long Range RADAR , 2021-2031F |
6.1.4 Sri Lanka Automotive RADAR Market Revenues & Volume, By Short & Medium Range RADAR, 2021-2031F |
6.2 Sri Lanka Automotive RADAR Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Automotive RADAR Market Revenues & Volume, By ACC, 2021-2031F |
6.2.3 Sri Lanka Automotive RADAR Market Revenues & Volume, By AEB, 2021-2031F |
6.2.4 Sri Lanka Automotive RADAR Market Revenues & Volume, By FCWS, 2021-2031F |
6.2.5 Sri Lanka Automotive RADAR Market Revenues & Volume, By BSD, 2021-2031F |
6.2.6 Sri Lanka Automotive RADAR Market Revenues & Volume, By Intelligent Parking Assistance, 2021-2031F |
6.3 Sri Lanka Automotive RADAR Market, By Frequency |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Automotive RADAR Market Revenues & Volume, By 2X-GHz , 2021-2031F |
6.3.3 Sri Lanka Automotive RADAR Market Revenues & Volume, By 7X-GHz, 2021-2031F |
7 Sri Lanka Automotive RADAR Market Import-Export Trade Statistics |
7.1 Sri Lanka Automotive RADAR Market Export to Major Countries |
7.2 Sri Lanka Automotive RADAR Market Imports from Major Countries |
8 Sri Lanka Automotive RADAR Market Key Performance Indicators |
8.1 Average number of new vehicle models equipped with radar technology introduced in the Sri Lankan market annually. |
8.2 Percentage increase in the adoption of radar-based ADAS features in vehicles year-over-year. |
8.3 Number of road accidents reduced or prevented through the use of automotive radar systems in Sri Lanka. |
9 Sri Lanka Automotive RADAR Market - Opportunity Assessment |
9.1 Sri Lanka Automotive RADAR Market Opportunity Assessment, By Range Type, 2021 & 2031F |
9.2 Sri Lanka Automotive RADAR Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Sri Lanka Automotive RADAR Market Opportunity Assessment, By Frequency, 2021 & 2031F |
10 Sri Lanka Automotive RADAR Market - Competitive Landscape |
10.1 Sri Lanka Automotive RADAR Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Automotive RADAR Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |