Millimeter Wave Automotive Radar Market 2021 Industry Share, Trends, Growth and Forecast to 2027 - Continental, Hella, Denso, Bosch, Veoneer, Valeo

The “Millimeter Wave Automotive Radar” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Millimeter Wave Automotive Radar Market is predicted to register a CAGR of 26.15% over the forecast period 2021 – 2027.”

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Millimeter Wave Automotive Radar market within the upcoming years.

Competitive Landscape

In March 2020 - Keysight Technologies, Inc. offered enhanced UXR Oscilloscopes to accelerate the development of next-generation mmWave communications and applications. The UXR0051AP Infiniium UXR-Series Oscilloscope provides a frequency range of 110 GHz across standard analysis bandwidth and analyzes millimeter-wave 1x1 and 2x2 MIMO 5G NR communication links.​
In January 2020 - NEC Corporation announced the development of millimeter-wave distributed antennas for the efficient use of a 5G millimeter-wave spectrum across the 28GHz band.​

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Market Overview

This technology accommodates a massive increase in data demands arising from connected homes, AR/VR devices, cloud gaming systems, self-driving vehicles, IoT sensors, and other cloud-connected devices. With Verizon indicating Internet of Things devices to reach 20.4 billion devices by 2020, a significant driver for the same is 5G. Likewise, the E-band and V-band are increasingly adopted across applications spanning from enterprise-level data centers to smart-phone enabled consumers requiring higher bandwidth.​

The possibility of such high-speed communication was demonstrated as early as in 2016, with the then-latest 802.11ad Wi-Fi standard, which operates at 60 GHz. It is currently being considered by standard-setting organizations, like the Federal Communications Commission and others, as the way to bring “5G” into the mass market by allocating more bandwidth to deliver faster, higher-quality video, and multimedia content and services. With the current market scenario changed, owing to the development and evolution of new technologies, the mm-wave is on the brink of being an integral part of the next-generation network.​

Millimeter Wave Automotive Radar market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Millimeter Wave Automotive Radar market is often split supported product types, major applications, and important countries as follows:

Key Competitors of the Millimeter Wave Automotive Radar market is: Continental, Hella, Denso, Bosch, Veoneer, Valeo, Aptiv, ZF, Hitachi, Nidec Elesys

Major Types covered are:

24GHz

77GHz

Others

Major Applications covered are:

Blind Spot Detection

Adaptive Cruise Control System

Others

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Key Market Trends

Antennas & Transceiver Hold Significant Market Share

The millimeter waves operate at very high frequencies and tend to cover a range of 1mm to 10mm, and hence, they do not travel far. With shorter wavelengths, the 71-76 GHz, 81-86 GHz, and 92-95 GHz (70/80/90 GHz) bands are permitted to use smaller antennas, in comparison to similar circumstances for the lower bands. This also gives directivity and high gain.​
With these antennas susceptible to easy blockage, usage of boosters and multiple mm-based antennas has been among the potential solution. For instance, back in 2018, Qualcomm produced an antenna array made up of four antennas, small enough to fit inside a smartphone and capable of handshaking with 5G cell sites.​

Regional market Millimeter Wave Automotive Radar (regional production, demand and forecast by country):

North America is Expected to Hold Major Market Share

In the North American region, the telecom service providers, such as AT&T and Verizon, have been tapping into the millimeter-wave frequencies to roll-out commercial 5G services. The adoption needs the impetus from the standard-setting organizations to support further development of 5G. The US Federal Communications Commission has been directing the same by spectrum launch, as it gains momentum, and innovation is further witnessed across 5G and cellular antennas.​
Mobile operators have started to focus on active antennas and mmWave, while multiple startups in the region seem to flourish, with Airways, Lightpointe, and Fractal Antennas being such instances. Vendor related activity is likely to spur across mmWave 5G networks in terms of intellectual property.​

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Report Features:

To project the worth and sales volume of the Millimeter Wave Automotive Radar market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Millimeter Wave Automotive Radar market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Millimeter Wave Automotive Radar market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

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