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Automotive millimeter-wave radar IC Market is expected to reach $0.8 Billion by 2025 – An exclusive market research report by Lucintel

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Automotive millimeter-wave radar IC Market is expected to reach $0.8 Billion by 2025 – An exclusive market research report by Lucintel

September 07
13:30 2021
Automotive millimeter-wave radar IC Market is expected to reach $0.8 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Automotive millimeter-wave radar IC Market
Trends, opportunities and forecast in automotive millimeter- wave radar IC market to 2025 by product type (24 GHz and 77 GHz & others), by frequency range (Short & Medium and Long-Range), by manufacturing technology (GaAs, RF CMOS, and SiGe BiCMOS), by application (adaptive cruise control, blind spot detection (BSD), forward collision warning, parking assist, automatic emergency braking system (AEBS), and others applications), and by region (North America, Europe, Asia Pacific, and ROW)

Lucintel’s latest market report analyzed that automotive millimeter-wave radar IC provides attractive opportunities in adaptive cruise control, blind spot detection (BSD), forward collision warning, parking assist, automatic emergency braking system (AEBS), and other automotive advanced driver assistance systems (ADAS) applications. The automotive millimeter-wave radar IC market is expected to reach $0.8 billion by 2025 with a CAGR of 14.2%. In this market, 77 GHz and others is the largest segment by product type, whereas adaptive cruise control is largest by application. Introduction of CMOS RF transceiver and focus on miniaturization of product provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-millimeter-wave-radar-ic-market.aspx Based on product type, the automotive millimeter-wave radar IC market is segmented into 24 GHz and 77 GHz and others. The 77 GHz and others segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its wider bandwidth, improve range resolution, and accuracy. 

Browse in-depth TOC on “Automotive millimeter-wave radar IC Market”

87 – Tables

96 – Figures

166 – Pages

The automotive millimeter-wave radar IC Market is marked by the presence of several big and small players. Some of the prominent players offering automotive millimeter-wave radar IC include Technologies AG, NXP Semiconductors N.V., United Monolithic Semiconductors, Mitsubishi Electric Corporation, and Texas Instruments and others. 

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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