Global FMCW Millimeter-wave Radar Market Growth 2025-2031

The global FMCW Millimeter-wave Radar market size is predicted to grow from US$ 3240 million in 2025 to US$ 5695 million in 2031; it is expected to grow at a CAGR of 9.9% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

FMCW millimeter-wave radar is an advanced sensing technology that continuously emits a frequency-modulated signal in the millimeter-wave spectrum (typically 24 GHz, 60 GHz, 77–81 GHz), and measures the frequency difference between the transmitted and reflected signals to determine the distance, relative speed, and angle of objects.

The market growth of FMCW millimeter-wave radar is driven by the rising demand for high-resolution, all-weather sensing technologies in automotive, industrial, and security applications. In the automotive sector, the rapid advancement of ADAS and autonomous driving systems fuels adoption, as FMCW radar offers precise detection of object distance, speed, and angle—even in poor visibility conditions like fog or rain. Additionally, industries such as robotics, drones, and smart infrastructure increasingly rely on millimeter-wave radar for real-time obstacle detection, motion tracking, and safety automation. The miniaturization of radar modules, falling production costs, and regulatory support for vehicle safety standards further accelerate market expansion, positioning FMCW radar as a key enabler of next-generation sensing systems.

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

This Insight Report provides a comprehensive analysis of the global FMCW Millimeter-wave Radar 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 FMCW Millimeter-wave Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global FMCW Millimeter-wave Radar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for FMCW Millimeter-wave Radar 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 FMCW Millimeter-wave Radar.

This report presents a comprehensive overview, market shares, and growth opportunities of FMCW Millimeter-wave Radar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
24GHz
77GHz
60GHz
Others

Segmentation by Application:
Automotive
Industrial

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.
Bosch
Continental
Denso
Hella
Veoneer
Valeo
Aptiv
ZF
WHST
Hitachi Astemo
Nidec Elesys
Cheng-Tech
Chuhang Tech
HUAYU Automotive Systems
Desay SV

Key Questions Addressed in this Report

What is the 10-year outlook for the global FMCW Millimeter-wave Radar market?

What factors are driving FMCW Millimeter-wave Radar market growth, globally and by region?

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

How do FMCW Millimeter-wave Radar market opportunities vary by end market size?

How does FMCW Millimeter-wave Radar break out by Type, by Application?

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