Global Automotive Millimeter Wave Radar market will reach 23442.83 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/10/23

The Automotive Millimeter Wave Radar are expected to grow at a CAGR of 24.3% from 5104.44 million USD in 2018 to reach 23442.83 million USD by 2025 in global market. The Automotive Millimeter Wave Radar market is very concerted market; the revenue of top eight manufacturers accounts about 85% of the total revenue in 2018. The high-end products mainly come from USA and Europe.

The leading manufactures mainly are Bosch, Continental, Hella, Denso and Veoneer. Bosch is the largest manufacturer; its revenue of global market exceeds 27% in 2018. The next is Continental and Hella.

There are mainly three type product of Automotive Millimeter Wave Radar market:24Ghz, 77Ghz and others.

Geographically, the global Automotive Millimeter Wave Radar production market has been segmented into USA, Europe, Japan, China and RoW. The Europe held the largest share in the global production market, its revenue of global market exceeds 44% in 2018. The next is USA.

Europe is the largest consumption region of Automotive Millimeter Wave Radar market. In 2018, its consumption volume is 16154 K Unit.

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