ADAS Millimeter Wave Radar Market Size Expected to Surpass US$ 49.47 Billion by 2031 | witnessing a CAGR of 18.2%

Los Angeles, United States - QY Research has released a comprehensive new report titled "Global ADAS Millimeter Wave Radar Market Insights, Forecast 2025 to 2031," offering an in-depth analysis of the evolving dynamics, growth opportunities, and future outlook of the global ADAS Millimeter Wave Radar industry. The study highlights critical factors such as regulatory frameworks, technological advancements, pricing strategies, and market entry approaches that are shaping the sector.

The global ADAS Millimeter Wave Radar market was valued at US$ 15.12 billion in 2024 and is anticipated to reach US$ 49.47 billion by 2031, witnessing a CAGR of 18.2% during the forecast period 2025-2031.

Download Exclusive PDF Sample: (Including Full TOC, Data Tables, Visual Charts) @ https://qyresearch.in/request-sample/automobile-transportation-global-adas-millimeter-wave-radar-market-insights-industry-share-sales-projections-and-demand-outlook-2025-2031

Market Overview -

The global ADAS Millimeter Wave Radar market is undergoing significant transformation, driven by innovation, strategic partnerships, and rising demand across multiple applications. The report provides a holistic evaluation of both production and consumption trends, delivering clarity on supply-demand imbalances and investment opportunities.

Millimeter Wave Radar is a crucial sensor technology widely used in Advanced Driver Assistance Systems (ADAS). It operates by emitting electromagnetic waves in the millimeter-wave frequency range (typically between 24GHz and 77GHz) and detecting the reflected signals to measure the distance, speed, and angle of objects around the vehicle. This enables the ADAS to perform functions such as automatic emergency braking, lane-keeping assistance, and adaptive cruise control. Due to its reliable performance in adverse weather conditions, millimeter-wave radar is essential in ADAS systems.

ADAS (Advanced Driver Assistance System) millimeter wave radar is a crucial component of modern intelligent driving technology, using high-frequency electromagnetic waves (typically 24GHz, 77GHz, or 79GHz) for precise environmental sensing. Compared to cameras and LiDAR, millimeter wave radar excels in harsh weather conditions, such as rain and fog, making it essential for Automatic Emergency Braking (AEB), Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), and Lane Keep Assist (LKA).

The key advantages of millimeter wave radar include high penetration capability, all-weather functionality, and long-range detection. It accurately measures the distance, speed, and angle of surrounding objects, allowing ADAS to make real-time decisions that improve road safety. For instance, ACC systems use radar to maintain a safe following distance by automatically adjusting vehicle speed, reducing driver fatigue. Additionally, radar-based collision warning and automatic braking systems help prevent accidents by detecting potential hazards early.

However, challenges remain. Multipath reflections and signal obstructions in urban environments can affect detection accuracy. As autonomous driving technology advances, radar must achieve higher resolution, faster response times, and better sensor fusion. The future of ADAS radar will focus on multi-sensor integration (radar + camera + LiDAR) and AI-based radar processing algorithms to enhance object recognition and environmental adaptation.

In summary, ADAS millimeter wave radar is a cornerstone of intelligent driving, offering reliable sensing and enhanced safety. As technology improves and costs decrease, radar adoption will continue to grow, paving the way for fully autonomous vehicles.

In addition to market dynamics, the study examines both growth drivers-such as technological innovation and increasing adoption in key industries-and restraints, including cost challenges and regulatory hurdles.

Featured Companies: -

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

Key Highlights of the Report -

Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain insights into past performance and future growth potential.

Comprehensive Segmentation: Detailed market breakdown by type, application, and region.

Competitive Landscape: Thorough profiling of leading companies, their market shares, product portfolios, and recent developments.

Market Dynamics: Identification of drivers, restraints, challenges, and emerging opportunities.

Expert Insights: Forward-looking perspectives on industry risks and growth strategies.

Detailed of ADAS Millimeter Wave Radar Market Segmentation: -

Segmentation By Type :-

77 GHz
24 GHz
Others

Segmentation By Application : -

Passenger Cars
Commercial Vehicles

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

Regional Insights -

The ADAS Millimeter Wave Radar market is geographically diverse, with demand and innovation spread across multiple regions:

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Request for Pre-Order Enquiry On This Exclusive Report @ https://qyresearch.in/pre-order-inquiry/automobile-transportation-global-adas-millimeter-wave-radar-market-insights-industry-share-sales-projections-and-demand-outlook-2025-2031

What You'll Gain from This Report -

> In-Depth Regional Analysis: Explore market potential across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

> Competitive Intelligence: Profiles of key players, including their sales, revenue, product portfolios, and recent developments.

> Market Dynamics: Understand the latest trends, driving factors, and risks impacting the industry.

> Actionable Insights: Make informed business decisions with data-driven strategies and forecasts.

How Can the Research Study Help your Business?

(1) The information presented in the ADAS Millimeter Wave Radar report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global ADAS Millimeter Wave Radar market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global ADAS Millimeter Wave Radar market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global ADAS Millimeter Wave Radar market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global ADAS Millimeter Wave Radar market using pin-point evaluation.

This ADAS Millimeter Wave Radar Market Research Report Contains Answers to your following Questions -

(A) Which Manufacturing Technology is Used for ADAS Millimeter Wave Radar? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?

(B) Who Are the Global Key Players in This ADAS Millimeter Wave Radar Market? What's Their Company Profile, Their Product Information, and Contact Information?

(C) What Was Global Market Status of ADAS Millimeter Wave Radar Market? What Was Capacity, Production Value, Cost and PROFIT of ADAS Millimeter Wave Radar Market?

(D) What Is Current Market Status of ADAS Millimeter Wave Radar Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of ADAS Millimeter Wave Radar Market by Taking Applications and Types in Consideration?

(E) What Are Projections of Global ADAS Millimeter Wave Radar Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

(F) What Is ADAS Millimeter Wave Radar Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

(G) What Is Economic Impact On ADAS Millimeter Wave Radar Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

(H) What Are Market Dynamics of ADAS Millimeter Wave Radar Market? What Are Challenges and Opportunities?

(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for ADAS Millimeter Wave Radar Industry?

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of ADAS Millimeter Wave Radar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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.

Chapter 5 & 6: Sales, revenue of ADAS Millimeter Wave Radar in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various 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.

Chapter 8: 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.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

Contact Us:

Arshad Shaha | Marketing Executive

QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in

This release was published on openPR.