Global 24/77GHz mmWave Radar IC Market Growth 2024-2030

Global 24/77GHz mmWave Radar IC Market Growth 2024-2030

Millimeter wave radar is a high-precision sensor that measures the relative distance, speed, and orientation of a measured object. It was used in the military field in the early days. With the development and progress of radar technology, millimeter wave radar sensors began to be used in automotive electronics，drones，intelligent transportation and many other fields. Currently, various countries allocate different frequency bands to vehicle-mounted millimeter wave radars, but they are mainly concentrated in 24GHz and 77GHz. A few countries (such as Japan) use the 60GHz frequency band. Due to the many advantages of 77G over 24G, the frequency band of global automotive millimeter wave radars will converge to the 77GHz frequency band (76-81GHz) in the future. Millimeter wave radar chips are mainly MMIC chips. The full name of MMIC radio frequency chip is monolithic microwave integrated circuit, which is a chip containing multiple functional circuits and is mainly responsible for the modulation, transmission and reception of millimeter wave signals and the demodulation of echo signals.

The global 24/77GHz mmWave Radar IC market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “24/77GHz mmWave Radar IC Industry Forecast” looks at past sales and reviews total world 24/77GHz mmWave Radar IC sales in 2023, providing a comprehensive analysis by region and market sector of projected 24/77GHz mmWave Radar IC sales for 2024 through 2030. With 24/77GHz mmWave Radar IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 24/77GHz mmWave Radar IC industry.

This Insight Report provides a comprehensive analysis of the global 24/77GHz mmWave Radar IC 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 24/77GHz mmWave Radar IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 24/77GHz mmWave Radar IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 24/77GHz mmWave Radar IC 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 24/77GHz mmWave Radar IC.

United States market for 24/77GHz mmWave Radar IC 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 24/77GHz mmWave Radar IC 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 24/77GHz mmWave Radar IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key 24/77GHz mmWave Radar IC players cover NXP Semiconductors, Texas Instruments, STMicroelectronics, Infineon, Uhnder, 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 24/77GHz mmWave Radar IC market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
77GHz Millimeter Wave Radar Chip
24GHz Millimeter Wave Radar Chip

Segmentation by Application:
Driverless Car
UAV
Intelligent Transportation
Intelligent Home

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.
NXP Semiconductors
Texas Instruments
STMicroelectronics
Infineon
Uhnder
AKM (Asahi Kasei Microdevices)
Analog Devices
Renesas Electronics
Onsemi
Calterah
ANDAR TECHNOLOGIES CO., LTD
SGR Semiconductors
Microcreative
Senardmicro
Citta Microelectronics Ltd.
Imsemi
Guibu Microelectronics (Nanjing) Co., Ltd.
Huizhou Speed Wireless Technology Co., Ltd.
Sichuan Jiuzhou Electric Co., Ltd.
Misic Microelectronics Co., Ltd.
Chengdu Sinoscite Technology Co., Ltd.
Qingneng Huabo (Beijing) Technology Co., Ltd.
Milliway
Muye Microelectronics
Hxele

Key Questions Addressed in this Report

What is the 10-year outlook for the global 24/77GHz mmWave Radar IC market?

What factors are driving 24/77GHz mmWave Radar IC market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 24/77GHz mmWave Radar IC market opportunities vary by end market size?

How does 24/77GHz mmWave Radar IC break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.