Global ADAS Millimeter Wave Radar Market Growth 2024-2030

Global ADAS Millimeter Wave Radar Market Growth 2024-2030

Millimeter Wave Radar is a crucial sensor technology widely used in Advanced Driver Assistance Systems (ADAS). It operates by emitting electromagnetic waves in the millimeter-wave frequency range (typically between 24GHz and 77GHz) and detecting the reflected signals to measure the distance, speed, and angle of objects around the vehicle. This enables the ADAS to perform functions such as automatic emergency braking, lane-keeping assistance, and adaptive cruise control. Due to its reliable performance in adverse weather conditions, millimeter-wave radar is essential in ADAS systems.

The global ADAS Millimeter Wave Radar market size is projected to grow from US$ 11650 million in 2024 to US$ 23690 million in 2030; it is expected to grow at a CAGR of 12.6% from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global ADAS Millimeter Wave Radar 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 ADAS Millimeter Wave Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global ADAS Millimeter Wave Radar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ADAS Millimeter Wave Radar 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 ADAS Millimeter Wave Radar.

United States market for ADAS Millimeter Wave Radar 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 ADAS Millimeter Wave Radar 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 ADAS Millimeter Wave Radar is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key ADAS Millimeter Wave Radar players cover Bosch, Continental, Denso, Hella, Veoneer, 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 ADAS Millimeter Wave Radar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
77 GHz
24 GHz
4D Radar

Segmentation by Application:
L0/L1
L2 and L2+
L3
L4 and Above

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.
Bosch
Continental
Denso
Hella
Veoneer
Valeo
Aptiv
ZF
Hitachi
Nidec Elesys
WHST
Hasco
Desay SV
Chuhang Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global ADAS Millimeter Wave Radar market?

What factors are driving ADAS Millimeter Wave Radar market growth, globally and by region?

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

How do ADAS Millimeter Wave Radar market opportunities vary by end market size?

How does ADAS Millimeter Wave Radar break out by Type, by Application?

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