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Global 60GHz mmWave Radar Market Outlook Report 2025

10-13-2025 07:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Info Research

On Oct 13, the latest report "Global 60GHz mmWave Radar Market 2025 by Manufacturers, Regions, Types and Applications, Forecast to 2031" from Global Info Research provides a detailed and comprehensive analysis of the global 60GHz mmWave Radar market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are causing many market demand changes. The report also provides company profiles and product examples of some of the competitors, as well as market share estimates for some of the leading players in 2025.

Get Report Sample with Industry Insights https://www.globalinforesearch.com/reports/3010577/60ghz-mmwave-radar

The global 60GHz mmWave Radar market size is expected to reach $ 22.99 million by 2031, rising at a market growth of 16.5% CAGR during the forecast period (2025-2031).
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
60GHz millimeter-wave radar is a sensor that utilizes millimeter waves in the 60GHz frequency band for target detection and identification. It transmits millimeter-wave signals and receives reflected echoes from targets to obtain information such as distance, velocity, and angle. With its high-precision ranging and angular resolution, this radar enables accurate detection and tracking of objects.
In 2024, global millimeter-wave radar production capacity reached 1.4 million units, with global sales totaling 1.172 million units. The average selling price stood at .59 per unit, achieving an average gross margin of 48.56%.
Development Trends
Technical Performance Enhancement: 60GHz millimeter-wave radar will further improve its anti-interference capabilities and data processing capacity to meet the demands of more complex application scenarios. In the field of autonomous driving, this technology will evolve toward higher precision and greater detection ranges, supporting the realization of higher levels of autonomous driving functionality.
Expanded Application Domains: Beyond existing primary applications, 60GHz millimeter-wave radar will explore new application spaces in IoT and medical device monitoring, such as monitoring human vital signs in medical equipment.
Upstream and Downstream Impacts
Upstream Impact: The upstream segment of the 60GHz millimeter-wave radar supply chain includes critical components such as antennas, MMIC chips, and PCB boards. Currently, foreign manufacturers dominate the supply of core upstream components, with domestic substitution still in its ramp-up phase. The technological sophistication and supply stability of these core components directly influence the performance and cost of 60GHz millimeter-wave radar systems.
Downstream Impact: The downstream market primarily consists of OEMs and ADAS solution integrators. The scale of demand and performance requirements for 60GHz millimeter-wave radar from these downstream players determine the production and R&D focus of midstream supply chain enterprises. With the rapid development of downstream sectors like autonomous driving and smart homes, demand for 60GHz millimeter-wave radar will continue to grow, driving the advancement of the entire supply chain.
This report studies the global 60GHz mmWave Radar production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for 60GHz mmWave Radar and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2024 as the base year. This report explores demand trends and competition, as well as details the characteristics of 60GHz mmWave Radar that contribute to its increasing demand across many markets.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approval.
60GHz mmWave Radar market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type: 2D、 3D
Market segment by Application: Consumer Electronics、 Internet of Things & Smart Cities、 Industrial & Agriculture、 Automotive、 Others
Major players covered: Infineon、 Texas Instruments、 Acconeer、 Socionext、 Calterah

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 60GHz mmWave Radar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 60GHz mmWave Radar, with price, sales quantity, revenue, and global market share of 60GHz mmWave Radar from 2020 to 2025.
Chapter 3, the 60GHz mmWave Radar competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 60GHz mmWave Radar breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment 60GHz mmWave Radar the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the 60GHz mmWave Radar sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2024.and 60GHz mmWave Radar market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 60GHz mmWave Radar.
Chapter 14 and 15, to describe 60GHz mmWave Radar sales channel, distributors, customers, research findings and conclusion.

The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 60GHz mmWave Radar
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace

Contact Us:
Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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