The global millimeter wave radar market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for millimeter wave radars in automotive and aerospace & defense applications. The automotive industry is one of the major end-users of millimeter wave radars, which are used for collision avoidance systems and adaptive cruise control systems. In addition, these radars are also used in aerospace & defense applications such as missile guidance systems and military surveillance systems.
North America is expected to dominate the global millimeter wave radar market during the forecast period due to its high adoption rate in automotive and aerospace & defense applications. Europe will be another major region with a significant share in this market due to its high adoption rate in automotive application only.
Some Of The Growth Factors Of This Market:
- Millimeter wave radar is a type of radar that operates at millimeter wavelengths, typically in the 30-300 GHz range.
- The technology has been used for decades in military applications, but it is now being developed for use in commercial applications such as autonomous vehicles and drones.
- Millimeter wave radar can detect objects with high accuracy and resolution because it operates at a higher frequency than conventional radars, which means that it can see smaller objects and features on those objects more clearly than conventional radars can see them.
- The technology also has the potential to be used for medical imaging purposes because of its ability to penetrate through materials such as clothing or skin without causing harm to the person being scanned or imaged.
- Millimeter wave radar could also be used by law enforcement agencies to detect concealed weapons.
Industry Growth Insights published a new data on “Millimeter Wave Radar Market”. The research report is titled “Millimeter Wave Radar Market research by Types (24GHz Radar Sensor, 77GHz Radar Sensor, 79GHz Radar Sensor, Other), By Applications (Automotive, Aerospace & Defense, Other), By Players/Companies Continental, Bosch, Denso, Autoliv, Delphi, TRW, FujitsuTen, Valeo, Rfbeam, Velodyne Lidar, Hitachi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Millimeter Wave Radar Market Research Report
By Type
24GHz Radar Sensor, 77GHz Radar Sensor, 79GHz Radar Sensor, Other
By Application
Automotive, Aerospace & Defense, Other
By Companies
Continental, Bosch, Denso, Autoliv, Delphi, TRW, FujitsuTen, Valeo, Rfbeam, Velodyne Lidar, Hitachi
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Millimeter Wave Radar Market Report Segments:
The global Millimeter Wave Radar market is segmented on the basis of:
Types
24GHz Radar Sensor, 77GHz Radar Sensor, 79GHz Radar Sensor, 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
Automotive, Aerospace & Defense, 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:
- Continental
- Bosch
- Denso
- Autoliv
- Delphi
- TRW
- FujitsuTen
- Valeo
- Rfbeam
- Velodyne Lidar
- Hitachi
Highlights of The Millimeter Wave Radar 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 Radar Sensor
- 77GHz Radar Sensor
- 79GHz Radar Sensor
- Other
- By Application:
- Automotive
- Aerospace & Defense
- 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 Millimeter Wave Radar 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Millimeter wave radar is a type of radar that uses radio waves in the millimeter range. This type of radar can see through fog, rain, and other types of clouds.
Some of the major companies in the millimeter wave radar market are Continental, Bosch, Denso, Autoliv, Delphi, TRW, FujitsuTen, Valeo, Rfbeam, Velodyne Lidar, Hitachi.
The millimeter wave radar market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Millimeter Wave Radar 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. Millimeter Wave Radar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Millimeter Wave Radar Market - Supply Chain
4.5. Global Millimeter Wave Radar Market Forecast
4.5.1. Millimeter Wave Radar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Millimeter Wave Radar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Millimeter Wave Radar Market Absolute $ Opportunity
5. Global Millimeter Wave Radar 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. Millimeter Wave Radar Market Size and Volume Forecast by Type
5.3.1. 24GHz Radar Sensor
5.3.2. 77GHz Radar Sensor
5.3.3. 79GHz Radar Sensor
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Millimeter Wave Radar 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. Millimeter Wave Radar Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace & Defense
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Millimeter Wave Radar 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. Millimeter Wave Radar 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 Millimeter Wave Radar 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. Millimeter Wave Radar 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 Millimeter Wave Radar Demand Share Forecast, 2019-2029
9. North America Millimeter Wave Radar 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 Millimeter Wave Radar 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 Millimeter Wave Radar Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace & Defense
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Millimeter Wave Radar Market Size and Volume Forecast by Type
9.7.1. 24GHz Radar Sensor
9.7.2. 77GHz Radar Sensor
9.7.3. 79GHz Radar Sensor
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 Millimeter Wave Radar Demand Share Forecast, 2019-2029
10. Latin America Millimeter Wave Radar 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 Millimeter Wave Radar 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 Millimeter Wave Radar Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace & Defense
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Millimeter Wave Radar Market Size and Volume Forecast by Type
10.7.1. 24GHz Radar Sensor
10.7.2. 77GHz Radar Sensor
10.7.3. 79GHz Radar Sensor
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 Millimeter Wave Radar Demand Share Forecast, 2019-2029
11. Europe Millimeter Wave Radar 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 Millimeter Wave Radar 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 Millimeter Wave Radar Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace & Defense
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Millimeter Wave Radar Market Size and Volume Forecast by Type
11.7.1. 24GHz Radar Sensor
11.7.2. 77GHz Radar Sensor
11.7.3. 79GHz Radar Sensor
11.7.4. Other
11.8. Bais 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 Millimeter Wave Radar Demand Share, 2019-2029
12. Asia Pacific Millimeter Wave Radar 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 Millimeter Wave Radar 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 Millimeter Wave Radar Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace & Defense
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Millimeter Wave Radar Market Size and Volume Forecast by Type
12.7.1. 24GHz Radar Sensor
12.7.2. 77GHz Radar Sensor
12.7.3. 79GHz Radar Sensor
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 Millimeter Wave Radar Demand Share, 2019-2029
13. Middle East & Africa Millimeter Wave Radar 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 Millimeter Wave Radar 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 Millimeter Wave Radar Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace & Defense
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Millimeter Wave Radar Market Size and Volume Forecast by Type
13.7.1. 24GHz Radar Sensor
13.7.2. 77GHz Radar Sensor
13.7.3. 79GHz Radar Sensor
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 Millimeter Wave Radar Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Millimeter Wave Radar Market: Market Share Analysis
14.2. Millimeter Wave Radar Distributors and Customers
14.3. Millimeter Wave Radar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bosch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Denso
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Autoliv
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delphi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TRW
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FujitsuTen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Valeo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rfbeam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Velodyne Lidar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hitachi
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
