Global Automotive 77 GHz Radar SoC market cagr 15.6%

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Automotive

Radar SoC

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Automotive 77 GHz Radar SoC Market Size and Growth

The Automotive 77 GHz Radar SoC market is experiencing significant growth, driven by increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. The market size is projected to reach approximately $1.5 billion by 2025, reflecting a CAGR of over 20% due to technological advancements and regulatory support for safety features.

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Companies Covered

(Covid 19 Impact Covered)

◍ Bosch

◍ Infineon Technologies

◍ NXP Semiconductors

◍ Showa Denko

◍ Texas Instruments

The Automotive 77 GHz Radar SoC market is competitive, with key players like Bosch, Infineon Technologies, NXP Semiconductors, Showa Denko, and Texas Instruments. These companies enhance market growth through innovative radar solutions, addressing advanced driver-assistance systems (ADAS) and autonomously driven vehicles, driving revenue and technological advancements. Sales figures include:

- Bosch: €78 billion (2022)

- Infineon: €10.4 billion (2022)

- NXP: $10 billion (2022)

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Market Segmentation

By Application

Passenger Vehicle

Commercial Vehicle

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By Product

Short Range

Medium Range

Long Range

Market Growth

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$ X Billion USD

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