Global 77GHz Automotive Millimeter Wave Radar Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global 77GHz Automotive Millimeter Wave Radar Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global 77GHz Automotive Millimeter Wave Radar market size was valued at USD 2929.7 million in 2023 and is forecast to a readjusted size of USD 5128.1 million by 2030 with a CAGR of 8.3% during review period.

A 77GHz automotive millimeter-wave radar is a type of radar system used in automobiles for various safety and driver-assistance functions. It operates in the millimeter-wave frequency band at approximately 77 gigahertz (GHz), which is a portion of the electromagnetic spectrum that falls in the microwave range. These radar systems use radio waves with wavelengths in the millimeter range, typically between 3.9 millimeters and 2.5 millimeters, to detect objects and gather information about the vehicle's surroundings.

Growing Demand for ADAS: The automotive industry has been increasingly integrating ADAS into vehicles to enhance safety and driver convenience. 77GHz radar systems play a crucial role in these systems, providing capabilities such as adaptive cruise control, lane-keeping assistance, and collision avoidance.

High Resolution and Accuracy: 77GHz radar systems offer higher resolution and accuracy compared to lower-frequency radar systems, making them suitable for applications that require precise object detection and tracking, especially in complex urban environments.

Autonomous Vehicles: As the development of autonomous vehicles continues, 77GHz radar systems are becoming an integral part of sensor suites. They are used for perception tasks such as detecting pedestrians, cyclists, and other vehicles, as well as for long-range sensing capabilities in highway driving scenarios.

Integration with Other Sensors: Automotive manufacturers are increasingly using a combination of radar, lidar, cameras, and other sensors to provide redundancy and improve the overall reliability of autonomous and ADAS systems.

The Global Info Research report includes an overview of the development of the 77GHz Automotive Millimeter Wave Radar industry chain, the market status of Blind Spot Detection (Medium-Range Millimeter Wave Radar, Long-Range Millimeter Wave Radar), Adaptive Cruise Control System (Medium-Range Millimeter Wave Radar, Long-Range Millimeter Wave Radar), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of 77GHz Automotive Millimeter Wave Radar.

Regionally, the report analyzes the 77GHz Automotive Millimeter Wave Radar markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global 77GHz Automotive Millimeter Wave Radar market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the 77GHz Automotive Millimeter Wave Radar market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the 77GHz Automotive Millimeter Wave Radar industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Medium-Range Millimeter Wave Radar, Long-Range Millimeter Wave Radar).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the 77GHz Automotive Millimeter Wave Radar market.

Regional Analysis: The report involves examining the 77GHz Automotive Millimeter Wave Radar market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the 77GHz Automotive Millimeter Wave Radar market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to 77GHz Automotive Millimeter Wave Radar:

Company Analysis: Report covers individual 77GHz Automotive Millimeter Wave Radar manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards 77GHz Automotive Millimeter Wave Radar This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Blind Spot Detection, Adaptive Cruise Control System).

Technology Analysis: Report covers specific technologies relevant to 77GHz Automotive Millimeter Wave Radar. It assesses the current state, advancements, and potential future developments in 77GHz Automotive Millimeter Wave Radar areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the 77GHz Automotive Millimeter Wave Radar market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

77GHz Automotive Millimeter Wave Radar market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Medium-Range Millimeter Wave Radar
Long-Range Millimeter Wave Radar

Market segment by Application
Blind Spot Detection
Adaptive Cruise Control System
Other

Major players covered
Bosch
Continental
Hella
Denso
Veoneer
Valeo
Aptiv
ZF
Hitachi
Nidec Elesys

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 77GHz Automotive Millimeter Wave Radar product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of 77GHz Automotive Millimeter Wave Radar, with price, sales, revenue and global market share of 77GHz Automotive Millimeter Wave Radar from 2019 to 2024.

Chapter 3, the 77GHz Automotive Millimeter Wave Radar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 77GHz Automotive Millimeter Wave Radar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

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 2023.and 77GHz Automotive Millimeter Wave Radar market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of 77GHz Automotive Millimeter Wave Radar.

Chapter 14 and 15, to describe 77GHz Automotive Millimeter Wave Radar sales channel, distributors, customers, research findings and conclusion.