PUBLISHER: QYResearch | PRODUCT CODE: 1872341
PUBLISHER: QYResearch | PRODUCT CODE: 1872341
The global market for FMCW Millimeter-wave Radar was estimated to be worth US$ 4026 million in 2024 and is forecast to a readjusted size of US$ 11610 million by 2031 with a CAGR of 15.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on FMCW Millimeter-wave Radar cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
FMCW millimeter-wave radar is a high-precision sensing technology that operates in the millimeter-wave frequency range (typically 24 GHz, 77 GHz or 60 GHz) and uses continuous frequency modulation to detect and measure the distance, velocity, and angle of objects. By continuously transmitting a frequency-modulated signal and analyzing the frequency difference between the transmitted and received signals, FMCW millimeter-wave radar can accurately calculate the range and relative speed of targets with fine resolution and low latency. This technology is widely used in automotive advanced driver-assistance systems (ADAS), industrial automation, and security applications due to its excellent range accuracy, ability to penetrate adverse weather conditions, and robustness against interference.
The surge in penetration of higher-level intelligent driving is the key driver of the market. As intelligent driving technology evolves from L2 to L2+, more OEMs are integrating features such as NOA (Navigate on Autopilot), automatic lane changing, and intelligent parking into mainstream models. These advanced functions demand greater accuracy and stability in environmental perception. Millimeter-wave radar, as a key component for long-range speed measurement and obstacle detection, has become a core standard feature. Especially in L2+ systems, typically one long-range front radar and 2 to 4 corner radars are installed-significantly more than the 1 to 2 radars commonly found in L1 configurations. Therefore, the widespread adoption of higher-level driving functions directly drives up the average number of millimeter-wave radars per vehicle and overall system demand.
This report aims to provide a comprehensive presentation of the global market for FMCW Millimeter-wave Radar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of FMCW Millimeter-wave Radar by region & country, by Type, and by Application.
The FMCW 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 FMCW 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 FMCW 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 FMCW 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 FMCW 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.