![]() Automotive Millimeter Wave Radar - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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% dur... もっと見る
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SummaryThe 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 Bosch Continental Denso Hella Veoneer Valeo Aptiv ZF WHST Hitachi Astemo Nidec Elesys Cheng-Tech Chuhang Tech HUAYU Automotive Systems Desay SV Segment by Type 77 GHz 24 GHz Others Segment by Application Adaptive Cruise Control System Blind Spot Detection Others By Region North America United States Canada Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Europe Germany France U.K. Italy Netherlands Nordic Countries Rest of Europe Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA 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. Table of Contents1 Market Overview1.1 Automotive Millimeter Wave Radar Product Introduction 1.2 Global Automotive Millimeter Wave Radar Market Size Forecast 1.2.1 Global Automotive Millimeter Wave Radar Sales Value (2020-2031) 1.2.2 Global Automotive Millimeter Wave Radar Sales Volume (2020-2031) 1.2.3 Global Automotive Millimeter Wave Radar Sales Price (2020-2031) 1.3 Automotive Millimeter Wave Radar Market Trends & Drivers 1.3.1 Automotive Millimeter Wave Radar Industry Trends 1.3.2 Automotive Millimeter Wave Radar Market Drivers & Opportunity 1.3.3 Automotive Millimeter Wave Radar Market Challenges 1.3.4 Automotive Millimeter Wave Radar Market Restraints 1.4 Assumptions and Limitations 1.5 Study Objectives 1.6 Years Considered 2 Competitive Analysis by Company 2.1 Global Automotive Millimeter Wave Radar Players Revenue Ranking (2024) 2.2 Global Automotive Millimeter Wave Radar Revenue by Company (2020-2025) 2.3 Global Automotive Millimeter Wave Radar Players Sales Volume Ranking (2024) 2.4 Global Automotive Millimeter Wave Radar Sales Volume by Company Players (2020-2025) 2.5 Global Automotive Millimeter Wave Radar Average Price by Company (2020-2025) 2.6 Key Manufacturers Automotive Millimeter Wave Radar Manufacturing Base and Headquarters 2.7 Key Manufacturers Automotive Millimeter Wave Radar Product Offered 2.8 Key Manufacturers Time to Begin Mass Production of Automotive Millimeter Wave Radar 2.9 Automotive Millimeter Wave Radar Market Competitive Analysis 2.9.1 Automotive Millimeter Wave Radar Market Concentration Rate (2020-2025) 2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Millimeter Wave Radar Revenue in 2024 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Millimeter Wave Radar as of 2024) 2.10 Mergers & Acquisitions, Expansion 3 Segmentation by Type 3.1 Introduction by Type 3.1.1 77 GHz 3.1.2 24 GHz 3.1.3 Others 3.2 Global Automotive Millimeter Wave Radar Sales Value by Type 3.2.1 Global Automotive Millimeter Wave Radar Sales Value by Type (2020 VS 2024 VS 2031) 3.2.2 Global Automotive Millimeter Wave Radar Sales Value, by Type (2020-2031) 3.2.3 Global Automotive Millimeter Wave Radar Sales Value, by Type (%) (2020-2031) 3.3 Global Automotive Millimeter Wave Radar Sales Volume by Type 3.3.1 Global Automotive Millimeter Wave Radar Sales Volume by Type (2020 VS 2024 VS 2031) 3.3.2 Global Automotive Millimeter Wave Radar Sales Volume, by Type (2020-2031) 3.3.3 Global Automotive Millimeter Wave Radar Sales Volume, by Type (%) (2020-2031) 3.4 Global Automotive Millimeter Wave Radar Average Price by Type (2020-2031) 4 Segmentation by Application 4.1 Introduction by Application 4.1.1 Adaptive Cruise Control System 4.1.2 Blind Spot Detection 4.1.3 Others 4.2 Global Automotive Millimeter Wave Radar Sales Value by Application 4.2.1 Global Automotive Millimeter Wave Radar Sales Value by Application (2020 VS 2024 VS 2031) 4.2.2 Global Automotive Millimeter Wave Radar Sales Value, by Application (2020-2031) 4.2.3 Global Automotive Millimeter Wave Radar Sales Value, by Application (%) (2020-2031) 4.3 Global Automotive Millimeter Wave Radar Sales Volume by Application 4.3.1 Global Automotive Millimeter Wave Radar Sales Volume by Application (2020 VS 2024 VS 2031) 4.3.2 Global Automotive Millimeter Wave Radar Sales Volume, by Application (2020-2031) 4.3.3 Global Automotive Millimeter Wave Radar Sales Volume, by Application (%) (2020-2031) 4.4 Global Automotive Millimeter Wave Radar Average Price by Application (2020-2031) 5 Segmentation by Region 5.1 Global Automotive Millimeter Wave Radar Sales Value by Region 5.1.1 Global Automotive Millimeter Wave Radar Sales Value by Region: 2020 VS 2024 VS 2031 5.1.2 Global Automotive Millimeter Wave Radar Sales Value by Region (2020-2025) 5.1.3 Global Automotive Millimeter Wave Radar Sales Value by Region (2026-2031) 5.1.4 Global Automotive Millimeter Wave Radar Sales Value by Region (%), (2020-2031) 5.2 Global Automotive Millimeter Wave Radar Sales Volume by Region 5.2.1 Global Automotive Millimeter Wave Radar Sales Volume by Region: 2020 VS 2024 VS 2031 5.2.2 Global Automotive Millimeter Wave Radar Sales Volume by Region (2020-2025) 5.2.3 Global Automotive Millimeter Wave Radar Sales Volume by Region (2026-2031) 5.2.4 Global Automotive Millimeter Wave Radar Sales Volume by Region (%), (2020-2031) 5.3 Global Automotive Millimeter Wave Radar Average Price by Region (2020-2031) 5.4 North America 5.4.1 North America Automotive Millimeter Wave Radar Sales Value, 2020-2031 5.4.2 North America Automotive Millimeter Wave Radar Sales Value by Country (%), 2024 VS 2031 5.5 Europe 5.5.1 Europe Automotive Millimeter Wave Radar Sales Value, 2020-2031 5.5.2 Europe Automotive Millimeter Wave Radar Sales Value by Country (%), 2024 VS 2031 5.6 Asia Pacific 5.6.1 Asia Pacific Automotive Millimeter Wave Radar Sales Value, 2020-2031 5.6.2 Asia Pacific Automotive Millimeter Wave Radar Sales Value by Region (%), 2024 VS 2031 5.7 South America 5.7.1 South America Automotive Millimeter Wave Radar Sales Value, 2020-2031 5.7.2 South America Automotive Millimeter Wave Radar Sales Value by Country (%), 2024 VS 2031 5.8 Middle East & Africa 5.8.1 Middle East & Africa Automotive Millimeter Wave Radar Sales Value, 2020-2031 5.8.2 Middle East & Africa Automotive Millimeter Wave Radar Sales Value by Country (%), 2024 VS 2031 6 Segmentation by Key Countries/Regions 6.1 Key Countries/Regions Automotive Millimeter Wave Radar Sales Value Growth Trends, 2020 VS 2024 VS 2031 6.2 Key Countries/Regions Automotive Millimeter Wave Radar Sales Value and Sales Volume 6.2.1 Key Countries/Regions Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.2.2 Key Countries/Regions Automotive Millimeter Wave Radar Sales Volume, 2020-2031 6.3 United States 6.3.1 United States Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.3.2 United States Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.3.3 United States Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.4 Europe 6.4.1 Europe Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.4.2 Europe Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.4.3 Europe Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.5 China 6.5.1 China Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.5.2 China Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.5.3 China Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.6 Japan 6.6.1 Japan Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.6.2 Japan Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.6.3 Japan Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.7 South Korea 6.7.1 South Korea Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.7.2 South Korea Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.7.3 South Korea Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.8 Southeast Asia 6.8.1 Southeast Asia Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.8.2 Southeast Asia Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.8.3 Southeast Asia Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 6.9 India 6.9.1 India Automotive Millimeter Wave Radar Sales Value, 2020-2031 6.9.2 India Automotive Millimeter Wave Radar Sales Value by Type (%), 2024 VS 2031 6.9.3 India Automotive Millimeter Wave Radar Sales Value by Application, 2024 VS 2031 7 Company Profiles 7.1 Bosch 7.1.1 Bosch Company Information 7.1.2 Bosch Introduction and Business Overview 7.1.3 Bosch Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.1.4 Bosch Automotive Millimeter Wave Radar Product Offerings 7.1.5 Bosch Recent Development 7.2 Continental 7.2.1 Continental Company Information 7.2.2 Continental Introduction and Business Overview 7.2.3 Continental Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.2.4 Continental Automotive Millimeter Wave Radar Product Offerings 7.2.5 Continental Recent Development 7.3 Denso 7.3.1 Denso Company Information 7.3.2 Denso Introduction and Business Overview 7.3.3 Denso Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.3.4 Denso Automotive Millimeter Wave Radar Product Offerings 7.3.5 Denso Recent Development 7.4 Hella 7.4.1 Hella Company Information 7.4.2 Hella Introduction and Business Overview 7.4.3 Hella Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.4.4 Hella Automotive Millimeter Wave Radar Product Offerings 7.4.5 Hella Recent Development 7.5 Veoneer 7.5.1 Veoneer Company Information 7.5.2 Veoneer Introduction and Business Overview 7.5.3 Veoneer Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.5.4 Veoneer Automotive Millimeter Wave Radar Product Offerings 7.5.5 Veoneer Recent Development 7.6 Valeo 7.6.1 Valeo Company Information 7.6.2 Valeo Introduction and Business Overview 7.6.3 Valeo Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.6.4 Valeo Automotive Millimeter Wave Radar Product Offerings 7.6.5 Valeo Recent Development 7.7 Aptiv 7.7.1 Aptiv Company Information 7.7.2 Aptiv Introduction and Business Overview 7.7.3 Aptiv Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.7.4 Aptiv Automotive Millimeter Wave Radar Product Offerings 7.7.5 Aptiv Recent Development 7.8 ZF 7.8.1 ZF Company Information 7.8.2 ZF Introduction and Business Overview 7.8.3 ZF Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.8.4 ZF Automotive Millimeter Wave Radar Product Offerings 7.8.5 ZF Recent Development 7.9 WHST 7.9.1 WHST Company Information 7.9.2 WHST Introduction and Business Overview 7.9.3 WHST Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.9.4 WHST Automotive Millimeter Wave Radar Product Offerings 7.9.5 WHST Recent Development 7.10 Hitachi Astemo 7.10.1 Hitachi Astemo Company Information 7.10.2 Hitachi Astemo Introduction and Business Overview 7.10.3 Hitachi Astemo Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.10.4 Hitachi Astemo Automotive Millimeter Wave Radar Product Offerings 7.10.5 Hitachi Astemo Recent Development 7.11 Nidec Elesys 7.11.1 Nidec Elesys Company Information 7.11.2 Nidec Elesys Introduction and Business Overview 7.11.3 Nidec Elesys Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.11.4 Nidec Elesys Automotive Millimeter Wave Radar Product Offerings 7.11.5 Nidec Elesys Recent Development 7.12 Cheng-Tech 7.12.1 Cheng-Tech Company Information 7.12.2 Cheng-Tech Introduction and Business Overview 7.12.3 Cheng-Tech Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.12.4 Cheng-Tech Automotive Millimeter Wave Radar Product Offerings 7.12.5 Cheng-Tech Recent Development 7.13 Chuhang Tech 7.13.1 Chuhang Tech Company Information 7.13.2 Chuhang Tech Introduction and Business Overview 7.13.3 Chuhang Tech Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.13.4 Chuhang Tech Automotive Millimeter Wave Radar Product Offerings 7.13.5 Chuhang Tech Recent Development 7.14 HUAYU Automotive Systems 7.14.1 HUAYU Automotive Systems Company Information 7.14.2 HUAYU Automotive Systems Introduction and Business Overview 7.14.3 HUAYU Automotive Systems Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.14.4 HUAYU Automotive Systems Automotive Millimeter Wave Radar Product Offerings 7.14.5 HUAYU Automotive Systems Recent Development 7.15 Desay SV 7.15.1 Desay SV Company Information 7.15.2 Desay SV Introduction and Business Overview 7.15.3 Desay SV Automotive Millimeter Wave Radar Sales, Revenue, Price and Gross Margin (2020-2025) 7.15.4 Desay SV Automotive Millimeter Wave Radar Product Offerings 7.15.5 Desay SV Recent Development 8 Industry Chain Analysis 8.1 Automotive Millimeter Wave Radar Industrial Chain 8.2 Automotive Millimeter Wave Radar Upstream Analysis 8.2.1 Key Raw Materials 8.2.2 Raw Materials Key Suppliers 8.2.3 Manufacturing Cost Structure 8.3 Midstream Analysis 8.4 Downstream Analysis (Customers Analysis) 8.5 Sales Model and Sales Channels 8.5.1 Automotive Millimeter Wave Radar Sales Model 8.5.2 Sales Channel 8.5.3 Automotive Millimeter Wave Radar Distributors 9 Research Findings and Conclusion 10 Appendix 10.1 Research Methodology 10.1.1 Methodology/Research Approach 10.1.1.1 Research Programs/Design 10.1.1.2 Market Size Estimation 10.1.1.3 Market Breakdown and Data Triangulation 10.1.2 Data Source 10.1.2.1 Secondary Sources 10.1.2.2 Primary Sources 10.2 Author Details 10.3 Disclaimer
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