Global 79GHz Automotive Millimeter Wave Radar market cagr 10.4%

Page 1

79GHz

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

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Automotive Millimeter Wave Radar Market
79GHz
Automotive Millimeter Wave Radar
Market

79GHz Automotive Millimeter Wave Radar Market Size and Growth

The global 79GHz Automotive Millimeter Wave Radar market is projected to experience significant growth in the coming years due to increasing demand for advanced driver assistance systems (ADAS) in vehicles. The market size is expected to reach USD 1.2 billion by 2025, driven by technological advancements and regulations mandating the incorporation of radar sensors in vehicles.

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Companies Covered (Covid 19 Impact Covered)

◍ Bosch

◍ Continental

◍ Hella

◍ Denso

◍ Veoneer

◍ Valeo

◍ Aptiv

◍ ZF

◍ Hitachi

◍ Nidec Elesys

The 79GHz Automotive Millimeter Wave Radar Market is highly competitive with key players such as Bosch, Continental, Hella, Denso, Veoneer, Valeo, Aptiv, ZF, Hitachi, and Nidec Elesys. These companies utilize the technology to provide advanced driver assistance systems for vehicles, contributing to the growth of the market.

- Bosch: $43.2 billion

- Continental: $44.6 billion

- Denso: $48.9 billion

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Market Segmentation

By Application

◍ Blind Spot Detection

◍ Adaptive Cruise Control System

◍ Other

By Product

◍ Short-Range Millimeter Wave

Radar

◍ Medium-range Millimeter Wave

Radar

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$ X Billion USD
Market Growth
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