Millimeter Wave Radar Market Outlook 2037

The global millimeter wave radar market size was valued at USD 10.2 billion in 2024 due to the improvement in automotive safety systems, telecommunications, and industrial automation. While demand has continuously been on the rise for high-resolution imaging with the requirement for precise object detection, this technology finds its application rapidly across different sectors. The market is expected to attain a valuation of USD 202.9 billion by the end of 2037, registering a CAGR of 26.1% during the forecast period, i.e., between 2025 and 2037. Moreover, increasing awareness regarding the adoption of various vehicle safety features and governments developing collision avoidance systems are some influential driving the growth in the market

1. Introduction

1.1. Study Objective
1.2. Scope of the report
1.3. Market Taxonomy
1.4. Study Assumptions and Abbreviations

2. Research Methodology

2.1. Secondary Research
2.2. Primary Research
2.3. SPSS Approach
2.4. Data Triangulation

3. Executive Summary

4. Global Industry Overview

4.1. Market Overview
4.2. Regional Synopsis
4.3. Industry Supply Chain Analysis
4.4. DROT
4.4.1. Driver
4.4.2. Restraint
4.4.3. Opportunities
4.4.4. Trends
4.5. Government Regulation
4.6. Competitive Landscape
4.6.1. Novelic
4.6.2. Infineon Technologies AG
4.6.3. NXPSemiconductors
4.6.4. Minew Group
4.6.5. Texas Instruments Incorporated
4.6.6. Fujitsu
4.6.7. D3
4.6.8. Asahi Kasei Microdevices Corporation
4.6.9. Mistral Solutions Pvt. Ltd
4.6.10. DALIAN IFLABEL TECHNOLOGY CO., LTD.
4.6.11. Others
4.7. Ongoing Technological Advancements
4.8. Price Benchmarking
4.9. Frequency Band Analysis
4.10. SWOT Analysis
4.11. Application Analysis
4.12. Customer Centric Application Analysis of mmWave Radar
4.13. RFIC Market Analysis Value (USD Million)
4.14. RFIC Market Analysis Volume in (Million Units)
4.15. Key RFIC Supplier Analysis
4.16. Root Cause Analysis for MMWR Market
4.17. Recent Developments Analysis
4.18. Industry Risk Assessment
4.19. Growth Outlook

5. Global Outlook and Projections

5.1. Global Overview
5.1.1. Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2024-2037
5.1.2. Increment USD Opportunity Assessment, 2024-2037
5.1.3. Year-on-Year Growth Forecast (%)
5.2. Global Segmentation (USD Million), 2024-2037, By
5.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
5.2.1.1. 24GHz
5.2.1.2. 60GHz
5.2.1.3. 76/79GHz
5.2.2. Component, Value (USD Million)
5.2.2.1. Antennas
5.2.2.2. Transceivers
5.2.2.3. Power Amplifiers
5.2.2.4. Others
5.2.3. Distance, Value (USD Million)
5.2.3.1. Short range radar (up to 100 meters)
5.2.3.2. Medium range radar (up to 200 meters)
5.2.3.3. Long range radar (over 200 meters)
5.2.4. Sensory Fusion Configuration, Value (USD Million)
5.2.4.1. Radar + Camera
5.2.4.2. Radar + LIDAR
5.2.4.3. Others
5.2.5. Application, Value (USD Million)
5.2.5.1. Smart Home
5.2.5.2. Consumer Electronics
5.2.5.3. Healthcare
5.2.5.4. Security and Surveillance Radar
5.2.5.5. Drones
5.2.5.6. Construction Machinery/Agricultural Machinery
5.2.5.7. Others
5.2.6. Regional Synopsis Value (USD Million), Volume (Million Units), 2024-2037
5.2.6.1. North America, Value (USD Million)
5.2.6.2. Europe, Value (USD Million)
5.2.6.3. Asia Pacific, Value (USD Million)
5.2.6.4. Latin America, Value (USD Million)
5.2.6.5. Middle East and Africa, Value (USD Million)

6. North America Market

6.1. Overview
6.1.1. Market Value (USD Million), Volume (Million Units), Current and Future Projections, 2024-2037
6.1.2. Increment USD Opportunity Assessment, 2024-2037
6.1.3. Year-on-Year Growth Forecast (%)
6.2. Segmentation (USD Million), 2024-2037, By
6.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
6.2.1.1. 24GHz
6.2.1.2. 60GHz
6.2.1.3. 76/79GHz
6.2.2. Component, Value (USD Million)
6.2.2.1. Antennas
6.2.2.2. Transceivers
6.2.2.3. Power Amplifiers
6.2.2.4. Others
6.2.3. Distance, Value (USD Million)
6.2.3.1. Short range radar (up to 100 meters)
6.2.3.2. Medium range radar (up to 200 meters)
6.2.3.3. Long range radar (over 200 meters)
6.2.4. Sensory Fusion Configuration, Value (USD Million)
6.2.4.1. Radar + Camera
6.2.4.2. Radar + LIDAR
6.2.4.3. Others
6.2.5. Application, Value (USD Million)
6.2.5.1. Smart Home
6.2.5.2. Consumer Electronics
6.2.5.3. Healthcare
6.2.5.4. Security and Surveillance Radar
6.2.5.5. Drones
6.2.5.6. Construction Machinery/Agricultural Machinery
6.2.5.7. Others
6.2.6. Country Level Analysis
6.2.6.1. U.S.
6.2.6.2. Canada

7. Europe Market

7.1. Overview
7.1.1. Market Value (USD Million), Volume (Million Units), Current and Future Projections, 2024-2037
7.1.2. Increment USD Opportunity Assessment, 2024-2037
7.1.3. Year-on-Year Growth Forecast (%)
7.2. Segmentation (USD Million), 2024-2037, By
7.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
7.2.1.1. 24GHz
7.2.1.2. 60GHz
7.2.1.3. 76/79GHz
7.2.2. Component, Value (USD Million)
7.2.2.1. Antennas
7.2.2.2. Transceivers
7.2.2.3. Power Amplifiers
7.2.2.4. Others
7.2.3. Distance, Value (USD Million)
7.2.3.1. Short range radar (up to 100 meters)
7.2.3.2. Medium range radar (up to 200 meters)
7.2.3.3. Long range radar (over 200 meters)
7.2.4. Sensory Fusion Configuration, Value (USD Million)
7.2.4.1. Radar + Camera
7.2.4.2. Radar + LIDAR
7.2.4.3. Others
7.2.5. Application, Value (USD Million)
7.2.5.1. Smart Home
7.2.5.2. Consumer Electronics
7.2.5.3. Healthcare
7.2.5.4. Security and Surveillance Radar
7.2.5.5. Drones
7.2.5.6. Construction Machinery/Agricultural Machinery
7.2.5.7. Others
7.2.6. Country Level Analysis
7.2.6.1. UK
7.2.6.2. Germany
7.2.6.3. France
7.2.6.4. Italy
7.2.6.5. Spain
7.2.6.6. NORDIC
7.2.6.7. Russia
7.2.6.8. Rest of Europe

8. Asia Pacific Market

8.1. Overview
8.1.1. Market Value (USD Million), Volume (Million Units), Current and Future Projections, 2024-2037
8.1.2. Increment USD Opportunity Assessment, 2024-2037
8.1.3. Year-on-Year Growth Forecast (%)
8.2. Segmentation (USD Million), 2024-2037, By
8.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
8.2.1.1. 24GHz
8.2.1.2. 60GHz
8.2.1.3. 76/79GHz
8.2.2. Component, Value (USD Million)
8.2.2.1. Antennas
8.2.2.2. Transceivers
8.2.2.3. Power Amplifiers
8.2.2.4. Others
8.2.3. Distance, Value (USD Million)
8.2.3.1. Short range radar (up to 100 meters)
8.2.3.2. Medium range radar (up to 200 meters)
8.2.3.3. Long range radar (over 200 meters)
8.2.4. Sensory Fusion Configuration, Value (USD Million)
8.2.4.1. Radar + Camera
8.2.4.2. Radar + LIDAR
8.2.4.3. Others
8.2.5. Application, Value (USD Million)
8.2.5.1. Smart Home
8.2.5.2. Consumer Electronics
8.2.5.3. Healthcare
8.2.5.4. Security and Surveillance Radar
8.2.5.5. Drones
8.2.5.6. Construction Machinery/Agricultural Machinery
8.2.5.7. Others
8.2.6. Country Level Analysis
8.2.6.1. China
8.2.6.2. Japan
8.2.6.3. India
8.2.6.4. Australia
8.2.6.5. South Korea
8.2.6.6. Vietnam
8.2.6.7. Thailand
8.2.6.8. Singapore
8.2.6.9. Malaysia
8.2.6.10. Rest of Asia Pacific

9. Latin America Market

9.1. Overview
9.1.1. Market Value (USD Million), Volume (Million Units), Current and Future Projections, 2024-2037
9.1.2. Increment USD Opportunity Assessment, 2024-2037
9.1.3. Year-on-Year Growth Forecast (%)
9.2. Segmentation (USD Million), 2024-2037, By
9.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
9.2.1.1. 24GHz
9.2.1.2. 60GHz
9.2.1.3. 76/79GHz
9.2.2. Component, Value (USD Million)
9.2.2.1. Antennas
9.2.2.2. Transceivers
9.2.2.3. Power Amplifiers
9.2.2.4. Others
9.2.3. Distance, Value (USD Million)
9.2.3.1. Short range radar (up to 100 meters)
9.2.3.2. Medium range radar (up to 200 meters)
9.2.3.3. Long range radar (over 200 meters)
9.2.4. Sensory Fusion Configuration, Value (USD Million)
9.2.4.1. Radar + Camera
9.2.4.2. Radar + LIDAR
9.2.4.3. Others
9.2.5. Application, Value (USD Million)
9.2.5.1. Smart Home
9.2.5.2. Consumer Electronics
9.2.5.3. Healthcare
9.2.5.4. Security and Surveillance Radar
9.2.5.5. Drones
9.2.5.6. Construction Machinery/Agricultural Machinery
9.2.5.7. Others
9.2.6. Country Level Analysis
9.2.6.1. Brazil
9.2.6.2. Argentina
9.2.6.3. Mexico
9.2.6.4. Rest of Latin America

10. Middle East & Africa Market

10.1. Overview
10.1.1. Market Value (USD Million), Volume (Million Units), Current and Future Projections, 2024-2037
10.1.2. Increment USD Opportunity Assessment, 2024-2037
10.1.3. Year-on-Year Growth Forecast (%)
10.2. Segmentation (USD Million), 2024-2037, By
10.2.1. Frequency Band, Value (USD Million), Volume (Million Units)
10.2.1.1. 24GHz
10.2.1.2. 60GHz
10.2.1.3. 76/79GHz
10.2.2. Component, Value (USD Million)
10.2.2.1. Antennas
10.2.2.2. Transceivers
10.2.2.3. Power Amplifiers
10.2.2.4. Others
10.2.3. Distance, Value (USD Million)
10.2.3.1. Short range radar (up to 100 meters)
10.2.3.2. Medium range radar (up to 200 meters)
10.2.3.3. Long range radar (over 200 meters)
10.2.4. Sensory Fusion Configuration, Value (USD Million)
10.2.4.1. Radar + Camera
10.2.4.2. Radar + LIDAR
10.2.4.3. Others
10.2.5. Application, Value (USD Million)
10.2.5.1. Smart Home
10.2.5.2. Consumer Electronics
10.2.5.3. Healthcare
10.2.5.4. Security and Surveillance Radar
10.2.5.5. Drones
10.2.5.6. Construction Machinery/Agricultural Machinery
10.2.5.7. Others
10.2.6. Country Level Analysis
10.2.6.1. GCC
10.2.6.2. Israel
10.2.6.3. South Africa
10.2.6.4. Rest of Middle East & Africa

11. World Economic Outlook

12. About the Publisher

12.1. Global Clientele

Companies Mentioned

Novelic
Infineon Technologies AG
NXP Semiconductors
Minew Group
Texas Instruments Incorporated
Fujitsu
D3
Asahi Kasei Microdevices Corporation
Mistral Solutions Pvt. Ltd.
DALIAN IFLABEL TECHNOLOGY CO. Ltd.

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€5535EUR$5,550USD£4,569GBP
Hard Copy	A printed copy of the product will be shipped to you.		€6532EUR$6,550USD£5,392GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€6532EUR$6,550USD£5,392GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€10521EUR$10,550USD£8,685GBP

Table of Contents

Companies Mentioned

Related Topics

Related Reports

Millimeter Wave (MMW) Technology Market - Global Industry Size, Share, Trends Opportunity, and Forecast, 2020-2030F

Low Noise Amplifier Market - Forecasts from 2024 to 2029

Commercial Vehicle & Off-Highway Radar Market by Component Type, Frequency Type, Functionality, Vehicle Type - Global Forecast 2025-2030

Millimeter Wave Technology Market by Product (Scanning System, Telecommunication Equipment, Radar and Satellite Communication System, Others), License Type, Component, Frequency Band, End Use and Region - Forecast to 2029

Automotive 4D Imaging Radar Global Market Report 2024