PUBLISHER: TechNavio | PRODUCT CODE: 2126224
PUBLISHER: TechNavio | PRODUCT CODE: 2126224
The global millimeter wave radar market is forecasted to grow by USD 2851.7 mn during 2025-2030, accelerating at a CAGR of 15.4% during the forecast period. The report on the global millimeter wave radar market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing integration of advanced driver assistance systems in autonomous vehicles, expanding demand for high-frequency industrial automation and smart infrastructure sensing, rapid transition from 24 ghz to high-resolution 77 ghz and 79 ghz spectrum bands.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 13.3% |
| CAGR | 15.4% |
| Incremental Value | $2851.7 mn |
Technavio's global millimeter wave radar market is segmented as below:
By Type
By Product Type
By Application
Geography
This study identifies the emergence of high-resolution 4d digital imaging radar for comprehensive elevation as one of the prime reasons driving the global millimeter wave radar market growth during the next few years. Also, proliferation of in-cabin occupant sensing and vital sign monitoring radar architecture and integration of millimeter wave radar into micro-mobility and unmanned aerial will lead to sizable demand in the market.
The report on the global millimeter wave radar market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global millimeter wave radar market vendors that include Analog Devices Inc., Aptiv PLC, Calterah Semiconductor, DENSO Corp., Echodyne Corp., Hyundai Mobis Co. Ltd., Infineon Technologies AG, InnoSenT GmbH, Magna International Inc., Millimeter Wave Products Inc., Navtech Radar, Nidec Corp., NXP Semiconductors NV, S.m.s Smart Microwave Sensors, Shenzhen Minew Tech Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Valeo SA, Vayyar Imaging Ltd., ZF Friedrichshafen AG. Also, the global millimeter wave radar market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.