PUBLISHER: QYResearch | PRODUCT CODE: 1856182
 
				PUBLISHER: QYResearch | PRODUCT CODE: 1856182
The global market for Automotive Millimeter Wave Radar was estimated to be worth US$ 15120 million in 2024 and is forecast to a readjusted size of US$ 52030 million by 2031 with a CAGR of 19.2% during the forecast period 2025-2031.
Millimeter-wave radar is a radar sensor that uses an antenna to emit millimeter waves with a wavelength of 1-10mm and a frequency of 24-300GHz as radiated waves. Millimeter-wave radar obtains physical environmental information such as the relative distance, relative speed, angle and direction of movement between the car and other objects by processing the target reflection signal. Millimeter-wave radar can track and classify targets based on the detected object information. The electronic control unit (ECU) makes intelligent decisions based on the dynamic information of the vehicle body, and informs the driver through various sensing methods such as sound, light and touch, or directly performs automatic speed change and braking processing, thereby reducing the probability of driving accidents. It is mainly used for adaptive cruise control, collision avoidance, blind spot detection, lane change assistance, parking assistance, rear vehicle warning, pedestrian detection, etc., and has the advantage of stable detection of targets under adverse weather conditions such as rain and snow.
Automotive millimeter-wave radar is an essential sensor technology in modern vehicle intelligence systems, particularly in autonomous driving, Advanced Driver Assistance Systems (ADAS), and safety control systems. By emitting and receiving millimeter-wave signals, this radar can detect objects, obstacles, and pedestrians around the vehicle in real-time, providing precise information on distance, speed, and angle. Its advantages lie in its strong penetration capabilities, all-weather functionality, and high-precision positioning, making it one of the foundational technologies for future intelligent transportation and autonomous driving.
One of the primary advantages of automotive millimeter-wave radar is its strong penetration. Unlike LiDAR and cameras, millimeter-wave radar is not affected by weather conditions or lighting, allowing it to function in rain, fog, or low-light environments. This makes millimeter-wave radar highly reliable and stable in all-weather driving conditions, particularly in complex driving scenarios such as bad weather, intricate road networks, or dense urban areas. It provides continuous sensing capabilities to ensure driving safety.
In addition, millimeter-wave radar offers high precision and sensitivity, effectively detecting objects within a range of several hundred meters ahead of the vehicle and accurately tracking multiple objects. By integrating with other sensors like cameras and LiDAR, millimeter-wave radar enhances the environmental awareness of autonomous driving systems, improving decision-making and response time, thus enhancing the safety of autonomous driving or driver assistance systems.
However, automotive millimeter-wave radar faces some challenges and limitations. First, it has a relatively low resolution compared to other sensors, which may limit its ability to detect small objects or objects with low reflectivity. Unlike LiDAR, millimeter-wave radar does not provide fine 3D imaging, which limits its precision in certain applications. Additionally, although millimeter-wave radar has a long detection range, it still faces challenges in tracking and identifying fast-moving objects or complex dynamic scenes at high speeds, which could impact its overall system performance.
Despite these challenges, the future prospects of automotive millimeter-wave radar are very promising. As signal processing technology and algorithms continue to advance, radar resolution, detection range, and recognition capabilities will improve. With the rapid development of autonomous driving and intelligent connected vehicles, millimeter-wave radar will complement other sensors to build more comprehensive autonomous driving perception systems, further driving the widespread adoption of intelligent transportation systems.
This report aims to provide a comprehensive presentation of the global market for Automotive Millimeter Wave Radar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Millimeter Wave Radar by region & country, by Type, and by Application.
The Automotive Millimeter Wave Radar market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Millimeter Wave Radar.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Millimeter Wave Radar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Automotive Millimeter Wave Radar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Automotive Millimeter Wave Radar in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 
                 
                 
                