Automotive Millimeter- wave Radar IC Market Report: Trends, Forecast and Competitive Analysis

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77 GHz & other types mmWave radar IC are expected to witness the highest growth during the forecast period due to its wider bandwidth, improve range resolution, and accuracy. #AutomotiveMillimeterwaveRadarICMarket, #AutomotivewaveRadarICMarket, #AutomotiveMillimeterMarket, #AutomotiveMarket, #MillimeterwaveRadarICMarket, #RadarICMarket

Global Automotive Millimeter- wave Radar IC
Market Report
2019-2024: Trends, Forecast and Competitive
Analysis
1

Industry Profiles Snapshot
Major Parameter Description
Market Segments by Product
Type
24 GHz and 77 GHz & others
Market Segments by Frequency
Range
Short & Medium and Long-Range
Market Segments by
Manufacturing Technology
GaAs, RF CMOS, and SiGe BiCMOS
Market Segments by Application
Adaptive cruise control, blind spot detection (BSD), forward collision
warning, parking assist, automatic emergency braking system (AEBS), and
others applications)
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Infineon Technologies AG, NXP Semiconductors N.V., United Monolithic
Semiconductors, Mitsubishi Electric Corporation, and Texas Instruments and
others.
Trend Growth Rate and CAGR 16.1%
Key Industry Forecast
The global automotive millimeter-wave radar IC market is expected to grow
with a CAGR of 16.1% from 2019 to 2024
Key Industry Driver
Driver: Increase in the adoption of ADAS technology by OEMs, increasing
governments’ regulations for vehicle safety, and growing demand for
autonomous vehicles.
2

Industry Overview
Market Size
• The global automotive millimeter-wave
radar IC market is expected to grow with a
CAGR of 16.1% from 2019 to 2024.
• Emerging trends, which have a direct impact
on the dynamics of the automotive millimeter-
wave radar IC industry, include introduction of
CMOS RF transceiver and focus on
miniaturization of products.
CAGR (2019-24) 16.1%
3
Industry Performance : Forecast

Trends, opportunities and forecast in automotive detection and ranging sensor technology market to 2024 by technology type (Imaging Sensors, Radar, Ultrasonic Sensors, and Lidar), by Applications (Blind Spot Detection, Adaptive Cruise Control, Parking Assistance/Pedestrian Detection, and Others Applications), and by region (North America, Europe, Asia Pacific, and the Rest of the World). #AutomotiveDetectionandRangingSensorMarket, #AutomotiveDetectionMarket, #AutomotiveRangingSensorMarket, #AutomotiveSensorMarket, #AutomotiveMarket, #AutomotiveDetectionandRangingSensor

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