Global Automotive mmWave Radar ICs Market Growth 2023-2029

Global Automotive mmWave Radar ICs Market Growth 2023-2029

The global Automotive mmWave Radar ICs market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Automotive mmWave Radar ICs is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automotive mmWave Radar ICs is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automotive mmWave Radar ICs is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automotive mmWave Radar ICs players cover Infineon, STMicroelectronics, NXP Semiconductors, TI, Analog Devices, Renesas, ON Semiconductor, Microchip Technology and Arralis, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Millimeter waves refer to electromagnetic waves with a length of 1 to 10 mm, corresponding to a frequency range of 30 to 300 GHz. As a spectrum between microwaves and far-infrared waves, millimeter waves have high spatial resolution and are less affected by weather, and can provide data such as distance, speed and angle. Millimeter-wave radar, lidar, and cameras together form the current composite perception system for autonomous driving. The former plays a stabilizing role in it—it can provide high penetration and strong ranging capabilities regardless of weather conditions.

Compared with other types of automotive sensor chip products, the detection performance of Automotive mmWave Radar ICs is stable, and it is not easily affected by the surface shape, color and atmospheric airflow of the detection object. It has the characteristics of strong environmental adaptability. It also works better. However, its cost is relatively high compared with cameras and ultrasonic radars, and the reflected waves of pedestrians are weak and difficult to detect.

LPI (LP Information)' newest research report, the “Automotive mmWave Radar ICs Industry Forecast” looks at past sales and reviews total world Automotive mmWave Radar ICs sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive mmWave Radar ICs sales for 2023 through 2029. With Automotive mmWave Radar ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive mmWave Radar ICs industry.

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

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

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

Market Segmentation:

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 analyzing the company's coverage, product portfolio, its market penetration.
Infineon
STMicroelectronics
NXP Semiconductors
TI
Analog Devices
Renesas
ON Semiconductor
Microchip Technology
Arralis
Mitsubishi Electric
Italian trip Semiconductor
Gatlin Microelectronics Technology
ANDAR TECHNOLOGIES
Micro-Degree Core Innovation
SGR Semiconductors
Chengde Micro Integrated Circuit Technology
Citta Microelectronics
Microarray Technologies
Milliway

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive mmWave Radar ICs market?

What factors are driving Automotive mmWave Radar ICs market growth, globally and by region?

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

How do Automotive mmWave Radar ICs market opportunities vary by end market size?

How does Automotive mmWave Radar ICs break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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