Global 60GHz Millimeter Wave Radar Chip Market Growth 2025-2031

The global 60GHz Millimeter Wave Radar Chip market size is predicted to grow from US$ 194 million in 2025 to US$ 726 million in 2031; it is expected to grow at a CAGR of 24.6% from 2025 to 2031.

The 60GHz millimeter wave radar chip is a radar sensor chip that works in the 60GHz frequency band. It uses the characteristics of millimeter waves for target detection, ranging, speed measurement, and imaging. This chip usually integrates antennas, radio frequency circuits, signal processing units, etc. It has the advantages of high precision, low power consumption, and strong anti-interference ability. It is widely used in automotive electronics, smart homes, industrial automation and other fields.

The global 60GHz millimeter-wave radar chip market sales have shown a rapid growth trend in recent years. With the continuous advancement of technology and the continuous expansion of the market, it is expected to maintain a strong growth momentum in the next few years. As one of the world's largest electronic product production bases, China's demand for 60GHz millimeter-wave radar chips is also increasing. Especially in the fields of automotive electronics, smart homes, industrial automation, etc., 60GHz millimeter-wave radar chips are being used more and more widely, driving the rapid expansion of the market scale.

LP Information, Inc. (LPI) ' newest research report, the “60GHz Millimeter Wave Radar Chip Industry Forecast” looks at past sales and reviews total world 60GHz Millimeter Wave Radar Chip sales in 2024, providing a comprehensive analysis by region and market sector of projected 60GHz Millimeter Wave Radar Chip sales for 2025 through 2031. With 60GHz Millimeter Wave Radar Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 60GHz Millimeter Wave Radar Chip industry.

This Insight Report provides a comprehensive analysis of the global 60GHz Millimeter Wave Radar Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 60GHz Millimeter Wave Radar Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 60GHz Millimeter Wave Radar Chip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 60GHz Millimeter Wave Radar Chip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 60GHz Millimeter Wave Radar Chip.

This report presents a comprehensive overview, market shares, and growth opportunities of 60GHz Millimeter Wave Radar Chip market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Distance Measurement Chip
Speed ​​Measurement Chip
Angle Measurement Chip
Other

Segmentation by Application:
Automotive
Transportation
Industrial Automation
Healthcare
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
nfineon Technologies
Dexin Intelligence
Space Microelectronics
Imec
Acconeer
Texas Instruments
Catland
Skerelli
Zhenghe Microchip
Socionext
Anda
AKM

Key Questions Addressed in this Report

What is the 10-year outlook for the global 60GHz Millimeter Wave Radar Chip market?

What factors are driving 60GHz Millimeter Wave Radar Chip market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 60GHz Millimeter Wave Radar Chip market opportunities vary by end market size?

How does 60GHz Millimeter Wave Radar Chip break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.