Global Short Range Millimeter Wave Radar Market Growth 2024-2030

Global Short Range Millimeter Wave Radar Market Growth 2024-2030

Short-range millimeter wave radar is a radar system that uses millimeter wave (mmWave) signals and is mainly used in vehicle applications such as parking assistance, blind spot detection, lane change assistance, etc. The characteristic of short-range millimeter wave radar is that it can provide high-resolution, high-precision, and high-reliability target detection and tracking within a short distance (generally less than 40 meters). The basic principle of short-range millimeter wave radar is to use linear frequency modulated continuous wave (FMCW) signals to transmit and receive signals to the front space through transmitting and receiving antennas, and then mix the transmit signals and received signals through a mixer to obtain an intermediate frequency ( IF) signal, the frequency of which is related to the distance and speed of the target. By performing Fourier transform (FFT) and signal processing on the IF signal, the distance, speed, azimuth and other information of the target can be obtained. The advantages of short-range millimeter wave radar are its small size, low power consumption, high anti-interference, and high temperature stability, and is suitable for working in complex urban traffic environments. Compared with other types of vehicle-mounted radars (such as medium-range radar and long-range radar), the main differences between short-range millimeter wave radars are parameters such as operating frequency, maximum detection distance, and detection angle of view.

The global Short Range Millimeter Wave Radar market size is projected to grow from US$ million in 2023 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 “Short Range Millimeter Wave Radar Industry Forecast” looks at past sales and reviews total world Short Range Millimeter Wave Radar sales in 2023, providing a comprehensive analysis by region and market sector of projected Short Range Millimeter Wave Radar sales for 2024 through 2030. With Short Range 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 Short Range Millimeter Wave Radar industry.

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

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

United States market for Short Range 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 Short Range 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 Short Range 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 Short Range Millimeter Wave Radar players cover MediaTek, Mistral Solutions Pvt. Ltd, Asahi Kasei Microdevices Corporation, Nanoradar Technology and Bosch, 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 Short Range Millimeter Wave Radar market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Ultra Short Range Millimeter Wave Radar
Short Range Radar

Segmentation by application
Automobile Industry
Transportation Industry
Security Industry
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.
MediaTek
Mistral Solutions Pvt. Ltd
Asahi Kasei Microdevices Corporation
Nanoradar Technology
Bosch
Continental
Delphi
Denso
TRW
Fujitsu
The Beaming Co., Ltd
Tampa Electric

Key Questions Addressed in this Report

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

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

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

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

How does Short Range Millimeter Wave Radar break out type, application?

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