Market Overview:
The global automotive millimeter-wave radars market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The increasing demand for advanced safety features in vehicles is driving the growth of the global automotive millimeter-wave radars market. The other major factors that are contributing to the growth of this market include the increasing adoption of autonomous and semi-autonomous vehicles and rising vehicle production in developing countries. The type segment of the global automotive millimeter-wave radars market is divided into 24GHz, 77GHz, 79GHz, and other segments. The 24GHz segment is expected to hold a major share of this market during the forecast period owing to its low cost and high performance characteristics. However, with advancements in technology, 77GHz and 79GHz segments are expected to witness higher growth rates during the forecast period. The application segment of this market is divided into blind spot detection (BSD), lane change assist (LCA), rear pre-crash system (RPS), autonomous emergency braking (AEB), and other applications segments.
Product Definition:
An automotive millimeter-wave radar is a device that uses millimeter-wave radiation to detect objects in the vicinity of a vehicle. These devices are used for safety applications such as collision avoidance and pedestrian detection.
24GHz:
24GHz is the new term in the millimeter-wave radar market. It’s a frequency between 24 GHz to 34 GHz, which is ten times higher than the microwave band. The technology has been around for more than two decades but its applications have been limited to military and defense sectors due to high cost and complex technologies involved.
77GHz:
77 GHz is a term used for referring to the millimeter-wave band of radio frequencies. The millimeter wave has wavelengths between 30 and 300 mm, which are smaller than a human hair. Millimeter waves are particularly useful for detecting very small objects such as weapons, drugs, and explosives because they can penetrate solid materials such as walls and buildings.
Application Insights:
The other applications segment includes the millimeter-wave radar for blind spot detection, rear pre-crash system, autonomous emergency braking and other applications. The blind spot detection application is expected to witness significant growth over the forecast period owing to increasing awareness about safety concerns regarding drivers¢â‚¬â„¢ visibility in vehicles. Lane change assist application is also projected to grow at a lucrative rate during the study period owing to its ability of providing assistance in changing lanes without needing driver input.
Rear pre-crash system is anticipated to be one of the prominent segments over the forecast period as it provides protection against accidents by detecting impending crashes from behind and generating an alert before impact occurs. This technology helps avoid any kind of injuries or damage caused due to low visibility conditions prevailing during such incidents.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in sales of luxury and premium cars. This can be attributed to rising consumer awareness regarding safety and convenience features offered by these vehicles.
The Asia Pacific regional market captured significant growth from 2018 to 2030 owing to increasing demand for advanced driver assistance systems (ADAS) that offer enhanced safety capabilities for passengers and drivers alike across emerging countries such as China, India, Japan, South Korea & Taiwan among others. Moreover, growing investments by key players such as Qualcomm Inc., Samsung Electronics Co., Ltd., MediaTek Inc.; along with favorable government regulations are anticipated to fuel the regional product demand over the next eight years.
Growth Factors:
- Increasing demand for advanced safety features in automobiles
- Growing awareness about the benefits of millimeter-wave radars over traditional sensors
- Rising demand for autonomous and semi-autonomous vehicles
- Proliferation of Advanced Driver Assistance Systems (ADAS) in automobiles
- Technological advancements in millimeter-wave radar technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Millimeter-wave Radars Market Research Report
By Type
24GHz, 77GHz, 79GHz, Other
By Application
Blind Spot Detection (BSD), Lane Change Assist (LCA), Rear Pre-Crash System (RPS), Autonomous Emergency Braking (AEB), Other
By Companies
Bosch, Continental Automotive, TRW (ZF), Delphi, Hella, Denso, Fujitsu, Autoliv, Valeo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Millimeter-wave Radars Market Report Segments:
The global Automotive Millimeter-wave Radars market is segmented on the basis of:
Types
24GHz, 77GHz, 79GHz, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Blind Spot Detection (BSD), Lane Change Assist (LCA), Rear Pre-Crash System (RPS), Autonomous Emergency Braking (AEB), Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Continental Automotive
- TRW (ZF)
- Delphi
- Hella
- Denso
- Fujitsu
- Autoliv
- Valeo
Highlights of The Automotive Millimeter-wave Radars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 24GHz
- 77GHz
- 79GHz
- Other
- By Application:
- Blind Spot Detection (BSD)
- Lane Change Assist (LCA)
- Rear Pre-Crash System (RPS)
- Autonomous Emergency Braking (AEB)
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Millimeter-wave Radars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive millimeter-wave radars are a type of radar that is used in automobiles to detect objects and traffic on the road. These radars use shorter, higher-frequency waves than traditional radar systems, which allows them to see through fog and other low-visibility conditions. Automotive millimeter-wave radars are also more accurate than traditional radar systems, which can help drivers avoid accidents.
Some of the major companies in the automotive millimeter-wave radars market are Bosch, Continental Automotive, TRW (ZF), Delphi, Hella, Denso, Fujitsu, Autoliv, Valeo.
The automotive millimeter-wave radars market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Millimeter-wave Radars Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Millimeter-wave Radars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Millimeter-wave Radars Market - Supply Chain
4.5. Global Automotive Millimeter-wave Radars Market Forecast
4.5.1. Automotive Millimeter-wave Radars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Millimeter-wave Radars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Millimeter-wave Radars Market Absolute $ Opportunity
5. Global Automotive Millimeter-wave Radars Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
5.3.1. 24GHz
5.3.2. 77GHz
5.3.3. 79GHz
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Millimeter-wave Radars Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
6.3.1. Blind Spot Detection (BSD)
6.3.2. Lane Change Assist (LCA)
6.3.3. Rear Pre-Crash System (RPS)
6.3.4. Autonomous Emergency Braking (AEB)
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Millimeter-wave Radars Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Millimeter-wave Radars Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Millimeter-wave Radars Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Millimeter-wave Radars Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Millimeter-wave Radars Demand Share Forecast, 2019-2029
9. North America Automotive Millimeter-wave Radars Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
9.4.1. Blind Spot Detection (BSD)
9.4.2. Lane Change Assist (LCA)
9.4.3. Rear Pre-Crash System (RPS)
9.4.4. Autonomous Emergency Braking (AEB)
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
9.7.1. 24GHz
9.7.2. 77GHz
9.7.3. 79GHz
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Millimeter-wave Radars Demand Share Forecast, 2019-2029
10. Latin America Automotive Millimeter-wave Radars Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
10.4.1. Blind Spot Detection (BSD)
10.4.2. Lane Change Assist (LCA)
10.4.3. Rear Pre-Crash System (RPS)
10.4.4. Autonomous Emergency Braking (AEB)
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
10.7.1. 24GHz
10.7.2. 77GHz
10.7.3. 79GHz
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Millimeter-wave Radars Demand Share Forecast, 2019-2029
11. Europe Automotive Millimeter-wave Radars Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Millimeter-wave Radars Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
11.4.1. Blind Spot Detection (BSD)
11.4.2. Lane Change Assist (LCA)
11.4.3. Rear Pre-Crash System (RPS)
11.4.4. Autonomous Emergency Braking (AEB)
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
11.7.1. 24GHz
11.7.2. 77GHz
11.7.3. 79GHz
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Millimeter-wave Radars Demand Share, 2019-2029
12. Asia Pacific Automotive Millimeter-wave Radars Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Millimeter-wave Radars Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
12.4.1. Blind Spot Detection (BSD)
12.4.2. Lane Change Assist (LCA)
12.4.3. Rear Pre-Crash System (RPS)
12.4.4. Autonomous Emergency Braking (AEB)
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
12.7.1. 24GHz
12.7.2. 77GHz
12.7.3. 79GHz
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Millimeter-wave Radars Demand Share, 2019-2029
13. Middle East & Africa Automotive Millimeter-wave Radars Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Millimeter-wave Radars Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Millimeter-wave Radars Market Size and Volume Forecast by Application
13.4.1. Blind Spot Detection (BSD)
13.4.2. Lane Change Assist (LCA)
13.4.3. Rear Pre-Crash System (RPS)
13.4.4. Autonomous Emergency Braking (AEB)
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Millimeter-wave Radars Market Size and Volume Forecast by Type
13.7.1. 24GHz
13.7.2. 77GHz
13.7.3. 79GHz
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Millimeter-wave Radars Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Automotive Millimeter-wave Radars Market: Market Share Analysis
14.2. Automotive Millimeter-wave Radars Distributors and Customers
14.3. Automotive Millimeter-wave Radars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental Automotive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TRW (ZF)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delphi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hella
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Denso
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujitsu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Autoliv
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Valeo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
