Global Automotive Millimeter Wave Radar Market Growth 2023-2028

Report ID: 1170936 | Published Date: Jan 2025 | No. of Page: 108 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

Automotive millimeter wave radar provides a set of eyes for a vehicle, making navigation easier and giving the driver more control over the vehicle.
The global market for Automotive Millimeter Wave Radar is estimated to increase from US$ 8478.1 million in 2021 to reach US$ 38180 million by 2028, exhibiting a CAGR of 24.0% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global core manufacturers of automotive millimeter wave radar include Bosch, Continental, Denso, etc.The top three companies hold a share about 60%. The global automotive millimeter wave radars are mainly produced in Japan, China and Europe, they occupied for a share over 90%. Europe is the largest market, with a share about 38%, followed by North America and China, with share 31% and 13%, separately.
Report Coverage
This latest report provides a deep insight into the global Automotive Millimeter Wave Radar market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Automotive Millimeter Wave Radar market, with both quantitative and qualitative data, to help readers understand how the Automotive Millimeter Wave Radar market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Automotive Millimeter Wave Radar market and forecasts the market size by Operating Frequency (77 GHz, 24 GHz and Others), by Application (Adaptive Cruise Control System, Blind Spot Detection and Others,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by operating frequency
77 GHz
24 GHz
Others
Segmentation by application
Adaptive Cruise Control System
Blind Spot Detection
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Bosch
Continental
Denso
Hella
Veoneer
Valeo
Aptiv
ZF
Hitachi
Nidec Elesys
Desay SV
Hasco
Chapter Introduction
Chapter 1: Scope of Automotive Millimeter Wave Radar, Research Methodology, etc.
Chapter 2: Executive Summary, global Automotive Millimeter Wave Radar market size (sales and revenue) and CAGR, Automotive Millimeter Wave Radar market size by region, by operating frequency, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Automotive Millimeter Wave Radar sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Automotive Millimeter Wave Radar sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by operating frequency, and operating frequency.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Automotive Millimeter Wave Radar market size forecast by region, by country, by operating frequency, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Bosch, Continental, Denso, Hella, Veoneer, Valeo, Aptiv, ZF and Hitachi, etc.
Chapter 14: Research Findings and Conclusion

Frequently Asked Questions
Global Automotive Millimeter Wave Radar Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Global Automotive Millimeter Wave Radar Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Global Automotive Millimeter Wave Radar Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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