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Global mmWave Radar Components Market Growth (Status and Outlook) 2025-2031

Published Aug 13, 2025
Length 103 Pages
SKU # LPI20310422

Description

According to this study, the global mmWave Radar Components market size will reach US$ 1382 million by 2031.

mmWave Radar Components mainly covers Radar Chipset, Sensor, Module and Evaluation Kit.Radar Chipset is an integrated circuit used to generate, transmit and process radar signals, and is the core of the radar system. Sensor is a complete sensing unit that uses a radar chipset to detect motion, distance, speed and presence, usually with built-in antenna and signal processing functions. Module is a packaged radar component that integrates chipsets, sensors, and sometimes microcontrollers or interfaces, designed to be easily integrated into the final product. Evaluation Kit. A development tool that contains radar modules or sensors as well as software and documentation that can be used for testing, prototyping and application development.

United States market for mmWave Radar Components is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for mmWave Radar Components is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for mmWave Radar Components is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key mmWave Radar Components players cover Infineon, Texas Instruments, Acconeer, Socionext, Calterah, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for mmWave Radar Components 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 mmWave Radar Components.

This report presents a comprehensive overview, market shares, and growth opportunities of mmWave Radar Components market by product type, application, key players and key regions and countries.

Segmentation by Type:
Chipset
Sensor
Module
Evaluation Kit

Segmentation by Application:
Industrial
Consumer Goods
Automotive

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 analyzing the company's coverage, product portfolio, its market penetration.
Infineon
Texas Instruments
Acconeer
Socionext
Calterah
ASAHI KASEI
ALLTEK MARINE ELECTRONICS CORP
Nisshinbo Micro Devices Inc
Murata
Analog Devices
Chengdu Song Yuan Technology Co. Ltd

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

Table of Contents

103 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 mmWave Radar Components Market Size by Player
4 mmWave Radar Components by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global mmWave Radar Components Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
How Do Licenses Work?
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