Global Automotive Millimeter Wave Radar Market Growth 2025-2031

Global Automotive Millimeter Wave Radar Market Growth 2025-2031

The global Automotive Millimeter Wave Radar market size is predicted to grow from US$ 15250 million in 2025 to US$ 55410 million in 2031; it is expected to grow at a CAGR of 24.0% from 2025 to 2031.

Automotive millimeter wave radar provides a set of eyes for a vehicle, making navigation easier and giving the driver more control over the vehicle.

Global key players of automotive millimeter wave radar include Bosch, Continental, Denso, etc. The top three players hold a share about 60%. Europe is the largest producer, has a share about 37%, followed by North America and China, with share 29% and 16%, respectively. The largest market is Europe, with a share about 38%, followed by North America and China, with share 31% and 13%, separately.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Millimeter Wave Radar Industry Forecast” looks at past sales and reviews total world Automotive Millimeter Wave Radar sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Millimeter Wave Radar sales for 2025 through 2031. With Automotive 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 Automotive Millimeter Wave Radar industry.

This Insight Report provides a comprehensive analysis of the global Automotive 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 Automotive 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 Automotive Millimeter Wave Radar market.

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

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Millimeter Wave Radar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
77 GHz
24 GHz
Others

Segmentation by Application:
Adaptive Cruise Control System
Blind Spot Detection
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.
Bosch
Continental
Denso
Hella
Veoneer
Valeo
Aptiv
ZF
Hitachi
Nidec Elesys
Desay SV
Hasco

Key Questions Addressed in this Report

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

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

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

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

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

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