Automotive Millimeter Wave Radar Market: Competitive Dynamics & Global Outlook 2024

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LP INFORMATION offers a latest published report on Automotive Millimeter Wave Radar Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.


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


According to this study, over the next five years the Automotive Millimeter Wave Radar market will register a 25.2% CAGR in terms of revenue, the global market size will reach US$ 15250 million by 2024, from US$ 6206.8 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Millimeter Wave Radar business, shared in Chapter 3.

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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.


This study considers the Automotive Millimeter Wave Radar value and volume generated from the sales of the following segments:


Market Segment by Manufacturers, this report covers


Nidec Elesys










Market Segment by Type, covers





Market Segment by Applications, can be divided into

Blind Spot Detection

Adaptive Cruise Control System



The Automotive Millimeter Wave Radar are expected to grow at a CAGR of 24.3% from 5104.44 million USD in 2018 to reach 23442.83 million USD by 2025 in global market. The Automotive Millimeter Wave Radar market is very concerted market; the revenue of top eight manufacturers accounts about 85% of the total revenue in 2018. The high-end products mainly come from USA and Europe.


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Related Information:

North America Automotive Millimeter Wave Radar Market Growth 2019-2024

United States Automotive Millimeter Wave Radar Market Growth 2019-2024

Asia-Pacific Automotive Millimeter Wave Radar Market Growth 2019-2024

Europe Automotive Millimeter Wave Radar Market Growth 2019-2024

EMEA Automotive Millimeter Wave Radar Market Growth 2019-2024

Global Automotive Millimeter Wave Radar Market Growth 2019-2024

China Automotive Millimeter Wave Radar Market Growth 2019-2024


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