Advances & Funding in Autonomous Vehicles that Drive the 4D Imaging Radar Market Growth

Global 4D imaging radar market was valued at $3.2 billion in 2024 and is projected to grow at a CAGR of 21.4% over the forecast period (2025–2035), reaching approximately $26.7 billion by 2035. The growth of autonomous driving is attributed to advancements in advanced sensing technologies such as 4D imaging radar, which enable precise object detection and environmental mapping. For instance, in January 2024, Altos Radar, an industry-leading startup, introduced its revolutionary 4D imaging radar at CES 2024. Altos V Series, a non-FPGA 4-chip cascade based on TI TDA4, produces high-quality point clouds for autonomous vehicles with better detection range and cost-effectiveness. Altos RF Series, a non-computing front-end radar module, provides an affordable solution that interfaces with a shared camera interface, tapping into untapped ADAS central computer resources to deliver high-quality point clouds. Altos Radar's 4D imaging radar addresses increasing demand, with the market expected to double to $8 billion by 2027 and possibly $400 billion by 2035. The startup, which has $3.5 million in seed funding, showcased its technology at CES 2024.

Browse the full report description of “4D Imaging Radar Market Size, Share & Trends Analysis Report by Type (Short Range Radar, Medium Range Radar, and Long Range Radar), and by Application (Automotive, Aerospace & Defense, Security & Surveillance, Traffic Monitoring & Management, and Others) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/4d-imaging-radar-market

• In June 2024, Bitsensing raised $25 million in Series B funding from venture capital investors and strategic investors to further develop radar solutions. The financing was utilized in scaling up the business, in research investments, in pursuing new market opportunities, and in team growth. Bitsensing's 4D imaging radar additionally provides more than 300 meters of automotive range coverage, employing array patterning and radar signal processing algorithms.

• In December 2022, ZF collaborated with SAIC in China to equip its newest generation 4D imaging radar for its R-Series electric vehicles. The 192-channel high-resolution radar delivers precise scene and object detection at up to 350 meters. The radar additionally offers discrete height data, allowing semi- to highly automated driving and autonomous driving use cases. 

• In October 2022, Bitsensing, a South Korean 4D imaging radar company, raised $21 million in Series A funding, raising $10 million. The company offers radar solutions for autonomous vehicles, intelligent traffic management, and indoor wellness, including sleep analysis and early-stage illness prediction through accumulated sleep data.

• In October 2022, Renesas Electronics acquired Steradian Semiconductors Private Ltd., a fabless semiconductor firm that provides 4D imaging radar solutions. The acquisition makes automotive radar design easier and speeds up product development, integrating Renesas' ADAS SoCs, PMICs, and object recognition software.

• In March 2022, Uhnder unveiled its first automotive-qualified 4D Digital Imaging Radar, a fully automotive solution that will revolutionize roadways for advanced driver assistance systems, autonomous vehicles, and automated mobility applications. The technology offers enhanced accuracy and the ability to detect moving or stationary objects under all weather and lighting conditions.

Market Coverage

• The market numbers available for 2024-2035

• Base year- 2024

• Forecast period- 2025-2035

• Segment Covered- 

o By Type

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - Continental AG, Huawei Technologies Co., Ltd., Renesas Electronics Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global 4D Imaging Radar Market Report Segment

By Type

• Short Range Radar
• Medium Range Radar
• Long Range Radar

By Application

• Automotive
• Aerospace & Defense
• Security & Surveillance
• Traffic Monitoring & Management
• Others (Robotics & Industrial Automation, and Healthcare & Medical Imaging)

Global 4D Imaging Radar Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Russia

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia and New Zealand

• ASEAN Economies

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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