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font-weight-bold text-white col-12 col-md-9 line-height-125 p-0"> Electrical and Electronic Components Manufacturer Identified USD 40Mn Opportunity in commercial vehicle & off-highway radar market </div>  </div> <div class="col-12 col-md-3 align-baseline"> <a href="/PDF/RIstory/opportunity-commercial-vehicle-off-highway-radar-market.pdf"> <button class="btn btn-danger text-white font14 font-weight-bold px-4 py-2 my-1 text-uppercase">Download RIstory <i class="arrow-btn-white pl-2"></i></button> </a> </div> </div> </div> </div> <div class="container bg-white rounded px-md-5 py-md-3 mid-container"> <p align="justify"> <strong>Client’s Goals</strong></p> <p align="justify"> A global manufacturer of electrical and electronic components engaged Markets and Markets for strategies to penetrate commercial vehicle & off-highway radar market. A series of problems were defined for the client to reach its revenue goal. These problems were then solved with the help of actionable insights offered by us. Few of these key problems were-</p> <ul type="disc"> <li> Understanding of the forecast of the overall market, including but not limited to - market size (2018–2027) for all segments, in terms of value and volume</li> <li> Insights on the regulations and mandates for safety features in commercial vehicles</li> <li> Recommendations on the type of radar (short-range, medium-range, and long-range) most suitable for ADAS applications</li> <li> Market intelligence on radar for off-highway vehicles in terms of value and volume</li> <li> Competitive intelligence on top 25 radar manufacturers for commercial and off-highway vehicles at the global level, along with key details, such as financial snapshots, key strategies, and product portfolio</li> </ul> <p align="justify"> <strong>Our Approach</strong></p> <p align="justify"> Our market intelligence platform, KnowledgeStore, offered access to all high-growth niche markets and industry trends. Analyst hours were used for understanding the data collected via secondary research and primary interviews with industry experts. Further, insights into forecast of the overall market was offered after carefully analyzing the model mapping associated with the commercial vehicle & off-highway radar market</p> <p align="justify"> The total market size of the commercial vehicle & off-highway radar market was derived by analyzing the average number of commercial and off-highway vehicles equipped with radar at the country level and forecast with the data points gathered from secondary and primary research.</p> <p align="justify"> Further, analyst hours were helped in analyzing the influence of interconnected ecosystems of client’s clients and their clients on the future trajectory of the company. In addition, top 25 radar manufacturers were identified through secondary research, paid databases such as Marklines, and other secondary sources. Client services enabled the company to build an effective value proposition and generate revenue impact.</p> <p align="justify"> <strong>Revenue Shifts Identified</strong></p> <p align="justify"> The demand for radar is increasing for CV and Off highway. It is poised to cause shifts in revenue sources for the client, its clients, and clients’ clients.</p> <p align="justify"> <strong>Interconnections</strong></p> <p align="justify"> With the growing adoption of autonomous vehicles, the radar manufacturers are targeting the commercial vehicle & off-highway vehicles as a new target market. This, in turn, is projected to impact the future trajectory of the company.</p> <p align="justify"> <strong>Unknowns Identified</strong></p> <p align="justify"> Our insights identified off highway vehicles as one of the lucrative segments for radar manufacturers. This can be attributed to the increasing demand for autonomous mining, agriculture and construction equipment.</p> <p align="justify"> <strong>Revenue Impact</strong></p> <p align="justify"> Our engagement was able to assist the client in targeting innovative areas and regions of primary importance. From a commercial perspective, our services enabled the client to build a strong relationship with their existing customers. Therefore, with our insights, the client tapped an additional opportunity of USD 40 million at the global level.</p> <p align="center"> <img alt="Opportunity in commercial vehicle & off-highway radar market" data-="" src="opportunity-commercial-vehicle-off-highway-radar-market" /></p> </div> <div class="comment-sec py-4"> <div class="container">   <div class="commentslist"> </div> <div class="leave-comment py-4 "> <div class="row"> <div class="col-1"></div> <div class="col-12 col-md-11 p-md-0"> <div class="font12 font-weight-bold pb-3"> LEAVE A COMMENT </div> <div class="input-group pb-3">  </div> <div class="input-group pb-3"> <textarea id="txtcomments" rows="4" class="form-control rounded-0 font13 border border-secondary" aria-label="" placeholder="Enter your comments here"></textarea> </div> <button id="postcomment" data-toggle="modal" data-target="#myModal" class="btn btn-red font13 font-weight-bold rounded-0">COMMENT</button> </div> </div> </div> </div> </div>  <div class="py-4 impact-stories-sec"> <div class="col-12 text-center"> <h3 class="head-3 c-blue font-weight-bold">More Revenue Impact stories</h3> <p class="par-3 c-gray"> See how future revenue sources change for these companies </p> </div> <div class="container"> <div class="row"> <div class="col-12"> <div class="slider custom-carousel"> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Identified USD 250 Mn Opportunity for Transfer Case and Lubricants Manufacturer</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">2/1/2021</span>  </div> <p class="c-dark font14 mb-5"> A global lubricant manufacturer and supplier engaged Markets and Markets for strategizing revenue growth in North American transfer case and lubricants market. 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Our insights into Robotaxi types such as van and bus helped the cli .... </p> <a href="/ristories/cloud-based-solution-provider-identify-usd-opportunity-robotaxis.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Client Tap into USD 19 Bn Opportunity for Forming Machine Tools</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> Client engaged Markets and Markets to help them identify revenue potential of forming machine tools in the US, Germany, Italy, Japan, and China. Our insights helped in d .... </p> <a href="/ristories/usd-opportunity-for-forming-machine-tools.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Electrical and Electronic Components Manufacturer Identified USD 40Mn Opportunity in commercial vehicle & off-highway radar market</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> A global manufacturer of electrical and electronic components engaged Markets and Markets for strategies to penetrate commercial vehicle & off-highway radar market. A se .... </p> <a href="/ristories/opportunity-commercial-vehicle-off-highway-radar-market.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Vehicle Body Manufacturer Identify USD 10 Mn Opportunity</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> A global vehicle body manufacturer leveraged our engagement model to increase its revenue growth. 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