The global automotive mmWave radar sensor market is expected to grow with a CAGR of 12.2% from 2024 to 2030. The major drivers for this market are the growing demand for advanced driver assistance systems (ADAS) in vehicles, stringent safety regulations, and increasing focus on vehicle automation.
The future of the global automotive mmWave radar sensor market looks promising with opportunities in the passenger vehicle and commercial vehicle markets.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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The future of the global automotive mmWave radar sensor market looks promising with opportunities in the passenger vehicle and commercial vehicle markets.
Automotive mmWave Radar Sensor by Segment
The study includes a forecast for the global automotive mmWave radar sensor by type, application, and region.Automotive mmWave Radar Sensor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Short and Mid-Range mmWave
- Long Range mmWave
Automotive mmWave Radar Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Passenger Vehicles
- Commercial Vehicles
Automotive mmWave Radar Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive mmWave Radar Sensor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive mmWave radar sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive mmWave radar sensor companies profiled in this report include:- Valeo
- Continental
- Bosch
- Texas Instruments
- Hella
- Denso
- Aptiv
Automotive mmWave Radar Sensor Market Insights
- Short and mid-range mmWave is expected to witness higher growth over the forecast period.
- Within this market, passenger vehicle is expected to witness higher growth.
- APAC is expected to witness the highest growth over the forecast period.
Features of the Global Automotive mmWave Radar Sensor Market
- Market Size Estimates: Automotive mmWave radar sensor market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automotive mmWave radar sensor market size by type, application, and region in terms of value ($B).
- Regional Analysis: Automotive mmWave radar sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the automotive mmWave radar sensor market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive mmWave radar sensor market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive mmWave radar sensor market by type (short and mid-range mmWave and long range mmWave), application (passenger vehicles and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Automotive mmWave Radar Sensor Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Valeo
- Continental
- Bosch
- Texas Instruments
- Hella
- Denso
- Aptiv
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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