Global 77GHz Automotive Millimeter Wave Radar market cagr 10.7%

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77GHz Automotive Millimeter Wave Radar Market

77GHz Automotive Millimeter Wave Radar Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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77GHz Automotive Millimeter Wave Radar Market Size and Growth

The 77GHz automotive millimeter wave radar market is poised for significant growth, driven by increased demand for advanced driver assistance systems (ADAS) and enhanced safety features. The market size is projected to reach approximately $3 billion by 2028, influenced by technological advancements and rising vehicle production rates globally.

Companies Covered

(Covid 19 Impact Covered)

◍ Bosch

◍ Continental

◍ Hella

◍ Denso

◍ Veoneer

◍ Valeo

◍ Aptiv

◍ ZF

◍ Hitachi

◍ Nidec Elesys

The 77GHz Automotive Millimeter Wave Radar market features key players like Bosch, Continental, Hella, Denso, Veoneer, Valeo, Aptiv, ZF, Hitachi, and Nidec Elesys, who innovate advanced radar systems for enhanced vehicle safety and automation. Their technologies drive demand, enhancing market growth. Sales revenues vary significantly among these companies.

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Market Segmentation

By Application

Blind Spot Detection ◍ Adaptive Cruise Control System

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By Product

Medium-Range Millimeter Wave Radar

Long-Range Millimeter Wave

Market Growth

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$ X Billion USD

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