Global 60GHz mmWave Radar Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global 60GHz mmWave Radar Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global 60GHz mmWave Radar market size was valued at USD 24 million in 2022 and is forecast to a readjusted size of USD 217.3 million by 2029 with a CAGR of 36.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Infineon is the largest manufacturers of 60GHz mmWave Radar in the world, has a share about 32%. Other players include Texas Instruments, Acconeer, etc. Europe dominates the global 60GHz mmWave Radar market, has a share about 55% of global production, with North America also an important production region. In terms of product type, 2D is the largest segment, with a share about 65%. In terms of product application, the largest application is building automation, with a share about 56%, followed by factory automation and personal electrics.

60GHz mmWave Radar is a radar system based on millimeter wave technology, operating at 60GHz. Radar systems emit electromagnetic wave signals that are then reflected by objects in their path. By capturing reflected signals, radar systems can determine the distance, velocity and angle of objects.

This report is a detailed and comprehensive analysis for global 60GHz mmWave Radar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global 60GHz mmWave Radar market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global 60GHz mmWave Radar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global 60GHz mmWave Radar market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global 60GHz mmWave Radar market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for 60GHz mmWave Radar

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global 60GHz mmWave Radar market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Infineon, Texas Instruments, Acconeer, Socionext and Calterah. etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

60GHz mmWave Radar market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
2D
3D

Market segment by Application
Building Automation
Factory Automation
Personal Electronics
Others

Major players covered
Infineon
Texas Instruments
Acconeer
Socionext
Calterah

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe 60GHz mmWave Radar product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of 60GHz mmWave Radar, with price, sales, revenue and global market share of 60GHz mmWave Radar from 2018 to 2023.

Chapter 3, the 60GHz mmWave Radar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 60GHz mmWave Radar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and 60GHz mmWave Radar market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of 60GHz mmWave Radar.

Chapter 14 and 15, to describe 60GHz mmWave Radar sales channel, distributors, customers, research findings and conclusion.