Global Vehicle Millimeter Wave Radar Market Growth 2025-2031

The global Vehicle Millimeter Wave Radar market size is predicted to grow from US$ 17780 million in 2025 to US$ 50080 million in 2031; it is expected to grow at a CAGR of 18.8% from 2025 to 2031.

Vehicle millimeter wave radar is an advanced automotive sensing technology that uses electromagnetic waves in the 24 GHz, 77 GHz, or 79 GHz frequency range to detect and track objects around a vehicle. It provides high-resolution, all-weather, and long-range detection, making it essential for Advanced Driver Assistance Systems (ADAS) and autonomous driving. Millimeter wave radar is widely used for applications such as adaptive cruise control (ACC), collision avoidance, blind-spot detection, and lane change assistance, improving vehicle safety and driving efficiency.

Vehicle millimeter wave radar is a crucial sensor technology in advanced driver assistance systems (ADAS) and autonomous driving, utilizing high-frequency electromagnetic waves (typically 24GHz, 77GHz, or 79GHz) to detect objects and measure distances. Compared to cameras and LiDAR, millimeter wave radar offers superior performance in poor weather conditions, making it essential for intelligent vehicle safety and automation.

Key advantages of millimeter wave radar include precise distance measurement, high-speed target detection, and all-weather functionality. In Adaptive Cruise Control (ACC), radar monitors the distance and speed of vehicles ahead, automatically adjusting speed for a safer driving experience. Blind Spot Detection (BSD) and Lane Change Assist (LCA) rely on radar to detect vehicles in adjacent lanes, reducing collision risks. Additionally, Automatic Emergency Braking (AEB) and Forward Collision Warning (FCW) use radar to detect potential hazards and trigger braking actions to enhance road safety.

However, challenges remain. Multipath signal reflections from buildings and metal objects can affect detection accuracy, especially in urban environments. Additionally, radar alone struggles with detailed object classification, making it difficult to distinguish between vehicles, pedestrians, and obstacles. The future of automotive radar will involve multi-sensor fusion, integrating cameras, LiDAR, and ultrasonic sensors for more precise environmental perception. Moreover, AI and deep learning algorithms will enhance object recognition, improving the reliability of autonomous driving systems.

In summary, vehicle millimeter wave radar is a key technology driving the evolution of smart vehicles. With advancements in higher resolution, AI optimization, and sensor fusion, radar will play an even greater role in next-generation autonomous driving and intelligent transportation systems.

LP Information, Inc. (LPI) ' newest research report, the “Vehicle Millimeter Wave Radar Industry Forecast” looks at past sales and reviews total world Vehicle Millimeter Wave Radar sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle Millimeter Wave Radar sales for 2025 through 2031. With Vehicle 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 Vehicle Millimeter Wave Radar industry.

This Insight Report provides a comprehensive analysis of the global Vehicle 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 Vehicle 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 Vehicle Millimeter Wave Radar market.

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

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

Segmentation by Type:
77 GHz
24 GHz
Others

Segmentation by Application:
Blind Spot Detection
Adaptive Cruise Control System
Others

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 Vehicle Millimeter Wave Radar market?

What factors are driving Vehicle Millimeter Wave Radar market growth, globally and by region?

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

How do Vehicle Millimeter Wave Radar market opportunities vary by end market size?

How does Vehicle Millimeter Wave Radar break out by Type, by Application?

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