Global Millimeter Wave Automotive Radar market cagr 12.1%

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Millimeter Wave

Automotive Radar Market

Millimeter Wave Automotive Radar Market Size and Growth

The millimeter wave automotive radar market is experiencing significant growth, driven by advancements in vehicle safety technologies and the expansion of electric and autonomous vehicles. The market size is projected to reach approximately $5 billion by 2028, influenced by increased demand for advanced driver-assistance systems (ADAS) and regulatory safety requirements. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Continental

◍ ZF

◍ Bosch

◍ Hella

◍ Aptiv

◍ Denso

◍ Nidec Elesys

◍ Valeo

◍ Veoneer

◍ Hitachi

The Millimeter Wave Automotive Radar Market includes major players like Continental, ZF, Bosch, and Aptiv, who develop advanced radar systems for safety features and autonomous driving. Companies enhance market growth by innovating technologies and expanding product portfolios. Revenue figures include: Bosch - $80 billion, Continental - $46 billion, Denso - $50 billion.

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Market Segmentation

By Application

Blind Spot Detection

Adaptive Cruise Control System

Others

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By Product

24GHz

77GHz

Others

Market Growth

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$ X Billion USD

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