Automotive Millimeter Wave Radar IC Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Product Type (24 GHz, 77 GHz, Others); Technology (GaAs, RF, CMOS, SiGe, BiCMOS); Application (Adaptive Cruise Control, Blind Spot Detection, Forward Collision Warning, Parking Assist, Automatic Emergency Braking System, Others) and Geography
Report Code: TIPRE00007380 No. of Pages: 150 Category: Automotive and Transportation Status: Upcoming
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MARKET INTRODUCTION
Millimeter wave radar makes use of highly directional and high frequency electromagnetic waves for mapping the surrounding environment. The mmWave radar typically operates at a high frequency of 24 GHz, 77 GHz, and 79 GHz that enables it in mitigating environmental factors such as heat and light. The antennas of mmWave radars are very small, have lower power, and are packaged easily into the vehicle designs. Also, these mmWave radars are flexible and can be easily tuned for short, long, and wide detection ranges for highly specific applications.
MARKET DYNAMICS
Rising adoptions of Advanced Driver Assist Systems (ADAS) and automotive electronics integrations are anticipated to be the major drivers for the automotive millimeter wave radar IC market. The additional costs of integrating mmWave radars coupled with lack of awareness about the product amongst the masses would challenge the growth of the automotive millimeter wave radar IC market. The emerging automotive electronics applications present ample opportunities for growth thereby creating more opportunities for the players operating in the automotive millimeter wave radar IC market.
MARKET SCOPE
The "Global Automotive Millimeter Wave Radar IC Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive millimeter wave radar IC market with detailed market segmentation by product type, technology, application, and geography. The global automotive millimeter wave radar IC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive millimeter wave radar IC market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive millimeter wave radar IC market is segmented on the basis of product type, technology, and application. Based on product type, the automotive millimeter wave radar IC market is segmented into 24 GHz, 77 GHz, and others. On the basis of technology, the automotive millimeter wave radar IC market is segmented into GaAs, RF CMOS, and SiGe BiCMOS. Further, the automotive millimeter wave radar IC market is segmented on the basis of application into adaptive cruise control, blind spot detection, forward collision warning, parking assist, automatic emergency braking system, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive millimeter wave radar IC market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive millimeter wave radar IC market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive millimeter wave radar IC market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive millimeter wave radar IC in these regions.
The reports cover key developments in the automotive millimeter wave radar IC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive millimeter wave radar IC market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive millimeter wave radar IC in the global market. Below mentioned is the list of few companies engaged in the automotive millimeter wave radar IC market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive millimeter wave radar IC market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Millimeter wave radar makes use of highly directional and high frequency electromagnetic waves for mapping the surrounding environment. The mmWave radar typically operates at a high frequency of 24 GHz, 77 GHz, and 79 GHz that enables it in mitigating environmental factors such as heat and light. The antennas of mmWave radars are very small, have lower power, and are packaged easily into the vehicle designs. Also, these mmWave radars are flexible and can be easily tuned for short, long, and wide detection ranges for highly specific applications.
MARKET DYNAMICS
Rising adoptions of Advanced Driver Assist Systems (ADAS) and automotive electronics integrations are anticipated to be the major drivers for the automotive millimeter wave radar IC market. The additional costs of integrating mmWave radars coupled with lack of awareness about the product amongst the masses would challenge the growth of the automotive millimeter wave radar IC market. The emerging automotive electronics applications present ample opportunities for growth thereby creating more opportunities for the players operating in the automotive millimeter wave radar IC market.
MARKET SCOPE
The "Global Automotive Millimeter Wave Radar IC Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive millimeter wave radar IC market with detailed market segmentation by product type, technology, application, and geography. The global automotive millimeter wave radar IC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive millimeter wave radar IC market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive millimeter wave radar IC market is segmented on the basis of product type, technology, and application. Based on product type, the automotive millimeter wave radar IC market is segmented into 24 GHz, 77 GHz, and others. On the basis of technology, the automotive millimeter wave radar IC market is segmented into GaAs, RF CMOS, and SiGe BiCMOS. Further, the automotive millimeter wave radar IC market is segmented on the basis of application into adaptive cruise control, blind spot detection, forward collision warning, parking assist, automatic emergency braking system, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive millimeter wave radar IC market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive millimeter wave radar IC market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive millimeter wave radar IC market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive millimeter wave radar IC in these regions.
The reports cover key developments in the automotive millimeter wave radar IC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive millimeter wave radar IC market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive millimeter wave radar IC in the global market. Below mentioned is the list of few companies engaged in the automotive millimeter wave radar IC market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive millimeter wave radar IC market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.
- Asahi Kasei Microdevices Corporation
- Fujitsu TEN
- Infineon Technologies AG
- Maxim Integrated
- MediaTek Inc.
- Mitsubishi Electric Corporation
- NOVELIC
- NXP Semiconductors N.V.
- Texas Instruments
- United Monolithic Semiconductors
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.