Press release
60GHz mmWave Radar Research:CAGR of 30.1% during the forecast period
60GHz mmWave Radar is a radar system based on millimeter wave technology, operating at 60GHz. Radar systems emit electromagnetic wave signals that are then reflected by objects in their path. By capturing reflected signals, radar systems can determine the distance, velocity and angle of objects.
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60GHz mmWave Radar Market Summary
60GHz mmWave Radar is a radar system based on millimeter wave technology, operating at 60GHz. Radar systems emit electromagnetic wave signals that are then reflected by objects in their path. By capturing reflected signals, radar systems can determine the distance, velocity and angle of objects.
According to the new market research report "Global 60GHz mmWave Radar Market Report 2024-2030", published by QYResearch, the global 60GHz mmWave Radar market size is projected to reach USD 0.25 billion by 2030, at a CAGR of 30.1% during the forecast period.
Global 60GHz mmWave Radar MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global 60GHz mmWave Radar Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
The 60GHz mmWave radar market is witnessing significant growth due to the increasing demand for high-performance radar systems in various applications such as automotive, industrial automation, and surveillance.
The market trend for 60GHz mmWave radar is expected to continue to grow at a steady pace in the coming years. The increasing use of automation and intelligent technologies in various industries, along with the advancements in radar technology and the development of new materials, are driving the market growth.
Additionally, the growing demand for high-resolution and high-speed detection systems in automotive applications is further fueling the market growth. 60GHz mmWave radars offer high sensitivity, high resolution, and fast response times, making them ideal for automotive applications such as advanced driver-assistance systems (ADAS) and autonomous driving.
Moreover, the emergence of new applications such as smart cities and smart factories is expected to create new opportunities for the 60GHz mmWave radar market. These applications require reliable and accurate monitoring and surveillance systems, which 60GHz mmWave radars can provide.
Overall, the 60GHz mmWave radar market is expected to witness steady growth in the coming years, driven by the increasing demand for high-performance radar systems across various industries and technological advancements in the field.
Global 60GHz mmWave Radar Top6Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global 60GHz mmWave Radar Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of 60GHz mmWave Radar include Infineon, Texas Instruments, etc. In 2023, the global top three players had a share approximately 76.0% in terms of revenue.
60GHz mmWave Radar,Global Market Size, Split by ApplicationSegment
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Based on or includes research from QYResearch: Global 60GHz mmWave Radar Market Report 2024-2030.
In terms of product application, currently Building Automation is the largest segment, hold a share of 54.6%.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The 60GHz mmWave Radar market is segmented as below:
By Company
Infineon
Texas Instruments
Acconeer
Socionext
Calterah
Segment by Type
2D
3D
Segment by Application
Consumer Electronics
Internet of Things & Smart Cities
Industrial & Agriculture
Automotive
Others
Each chapter of the report provides detailed information for readers to further understand the 60GHz mmWave Radar market:
Chapter 1: Introduces the report scope of the 60GHz mmWave Radar report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of 60GHz mmWave Radar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various 60GHz mmWave Radar market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of 60GHz mmWave Radar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of 60GHz mmWave Radar in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth 60GHz mmWave Radar competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides 60GHz mmWave Radar comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides 60GHz mmWave Radar market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global 60GHz mmWave Radar Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global 60GHz mmWave Radar Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global 60GHz mmWave Radar Market Insights, Forecast to 2030
Global and United States 60GHz mmWave Radar Market Report & Forecast 2024-2030
Global 60GHz mmWave Radar Market Research Report 2024
60GHz mmWave Radar - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Automotive 60GHz mmWave Radar Market Insights, Forecast to 2030
Global Automotive 60GHz mmWave Radar Market Research Report 2024
Discounted Link-Global 60GHz mmWave Radar Market Research Report 2023
60GHz mmWave Radar - Global Market Insights and Sales Trends 2024
Global 60GHz mmWave Radar Market Research Report 2023
Global 60GHz mmWave Radar Market Insights, Forecast to 2029
Global 60GHz mmWave Radar Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States 60GHz mmWave Radar Market Report & Forecast 2023-2029
2023-2029 Global and China 60GHz mmWave Radar Market Status and Forecast
Global Automotive 60GHz mmWave Radar Market Insights, Forecast to 2029
Global Automotive 60GHz mmWave Radar Market Research Report 2023
Global and India Automotive 60GHz mmWave Radar Market Report & Forecast 2023-2029
Global Automotive 60GHz mmWave Radar Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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The key players covered in this study…
