Vehicle Millimeter Wave Radar Market
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Vehicle Millimeter Wave Radar Market Size and Growth
The Vehicle Millimeter Wave Radar market is experiencing robust growth, driven by increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. As of 2023, the market size is projected to reach approximately $3.5 billion, reflecting a compound annual growth rate (CAGR) of around 15% over the next five years. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Bosch
◍ ZF
◍ Veoneer
◍ Continental
◍ Valeo
◍ Denso
◍ Nidec Elesys
◍ Aptiv
◍ Hella
◍ Hitachi
The Vehicle Millimeter Wave Radar Market features key players like Bosch, ZF, and Veoneer, driving innovation in automotive safety and automation. These companies enhance radar technology, improving functionalities such as adaptive cruise control and collision avoidance, thus propelling market growth. Sales revenues include Bosch ($87 billion) and Continental ($41 billion). Request Sample Report
