Global 60GHz Radar Sensor Chip Market Growth 2024-2030
A 60GHz radar sensor chip is a compact electronic device that operates at a frequency of 60 gigahertz (GHz) and is designed to detect objects, movements, distances, and other parameters using radar technology. These chips are commonly used in various applications such as automotive safety systems, industrial automation, smart home devices, and healthcare monitoring.
The global 60GHz Radar Sensor Chip market size is projected to grow from US$ 43.9 million in 2024 to US$ 318 million in 2030; it is expected to grow at a CAGR of 39.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “60GHz Radar Sensor Chip Industry Forecast” looks at past sales and reviews total world 60GHz Radar Sensor Chip sales in 2023, providing a comprehensive analysis by region and market sector of projected 60GHz Radar Sensor Chip sales for 2024 through 2030. With 60GHz Radar Sensor Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 60GHz Radar Sensor Chip industry.
This Insight Report provides a comprehensive analysis of the global 60GHz Radar Sensor Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 60GHz Radar Sensor Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 60GHz Radar Sensor Chip market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 60GHz Radar Sensor Chip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 60GHz Radar Sensor Chip.
United States market for 60GHz Radar Sensor Chip is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for 60GHz Radar Sensor Chip is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for 60GHz Radar Sensor Chip is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key 60GHz Radar Sensor Chip players cover Infineon, Texas Instruments, Acconeer, Socionext, Calterah, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of 60GHz Radar Sensor Chip market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
2D
3D
Segmentation by Application:
Contactless Level Measurement
Contactless Vital Signs Monitoring
Presence Detection
Distance Measurement
Vibration Detection
Car Detection
Material Classification
Others
This report also splits the market 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
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Infineon
Texas Instruments
Acconeer
Socionext
Calterah
Kaikutek
Key Questions Addressed in this Report
What is the 10-year outlook for the global 60GHz Radar Sensor Chip market?
What factors are driving 60GHz Radar Sensor Chip market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 60GHz Radar Sensor Chip market opportunities vary by end market size?
How does 60GHz Radar Sensor Chip break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.