밀리미터파 레이더 시장 규모, 점유율, 성장 분석 : 구성 요소 유형별, 주파수 범위별, 플랫폼 유형별, 용도별, 지역별 - 업계 예측(2026-2033년)

Global Millimeter Wave Radar Market size was valued at USD 3.63 Billion in 2024 and is poised to grow from USD 4.2 Billion in 2025 to USD 13.68 Billion by 2033, growing at a CAGR of 15.89% in the forecast period (2026-2033).

The global millimeter wave radar market is experiencing significant growth, primarily fueled by the rising adoption of advanced driver assistance systems (ADAS) and autonomous vehicles that rely on this technology for accurate environmental understanding. Enhanced safety and security features are essential drivers, bolstered by government regulations promoting ADAS in new vehicles. Technological advancements, reductions in costs, and heightened consumer awareness of radar benefits further stimulate demand. Millimeter wave radars offer advantages like superior resolution, object recognition, and resilience to interference, facilitating their use in automotive applications, perimeter security, and crowd monitoring. However, challenges such as high installation costs, limited operational range, and competition from alternative technologies like LiDAR complicate market penetration and sustainability, necessitating ongoing innovation and adaptation.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Millimeter Wave Radar market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Millimeter Wave Radar Market Segments Analysis

Global millimeter wave radar market is segmented by component type, frequency range, platform type, application, and region. Based on component type, the market is segmented into antenna, transceiver, signal processing unit, and power supply. Based on frequency range, the market is segmented into 24 GHz, 60 GHz, 77 GHz, and 94 GHz. Based on platform type, the market is segmented into automotive, aerospace defence, industrial, and healthcare. Based on application, the market is segmented into adaptive cruise control, collision warning, blind spot detection, and autonomous driving. Based on region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.

Driver of the Global Millimeter Wave Radar Market

The rising need for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles significantly propels the millimeter wave radar market. These innovative systems depend heavily on millimeter wave radar technology to deliver precise and dependable information regarding the environment surrounding the vehicle, enabling it to make informed decisions. As more consumers and industries seek enhanced safety features and automated driving solutions, the necessity for millimeter wave radar systems is projected to increase. This trend underscores the critical role that millimeter wave radar plays in advancing modern automotive technology, making it essential for the development of cutting-edge transportation solutions.

Restraints in the Global Millimeter Wave Radar Market

The performance of millimeter wave radar systems can be hindered by adverse weather conditions, including heavy rain, fog, and significant atmospheric changes. Such environmental factors can adversely affect signal quality and restrict detection capabilities, leading to concerns regarding their reliability. This is particularly critical in high-stakes applications that demand consistent and accurate operation. The challenges posed by harsh weather may deter some industries from fully adopting these technologies, as maintaining dependable performance is essential for effective functionality in various operational contexts. Consequently, addressing these limitations remains a significant focus for the advancement and acceptance of millimeter wave radar systems in the market.

Market Trends of the Global Millimeter Wave Radar Market

The global millimeter wave radar market is experiencing a significant shift towards the adoption of 4D imaging radar technology, which integrates height information with conventional radar functionalities. This innovation enhances the precision of object detection, distance measurement, and tracking capabilities, making it particularly beneficial for applications in robotics and autonomous vehicles. As companies like Uhnder and Arbe Robotics lead the charge, the advancements in radar technology are fostering a more nuanced understanding of complex, real-time driving environments. This evolution signals a broader trend in the market towards advanced, adaptable radar solutions that meet the demands of increasingly sophisticated mobility systems.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Analysis
• Case Studies

Global Millimeter Wave Radar Market Size by Component Type & CAGR (2026-2033)

• Market Overview
• Antenna
• Transceiver
• Signal Processing Unit
• Power Supply

Global Millimeter Wave Radar Market Size by Frequency Range & CAGR (2026-2033)

• Market Overview
• 24 GHz
• 60 GHz
• 77 GHz
• 94 GHz

Global Millimeter Wave Radar Market Size by Platform Type & CAGR (2026-2033)

• Market Overview
• Automotive
• Aerospace Defence
• Industrial
• Healthcare

Global Millimeter Wave Radar Market Size by Application & CAGR (2026-2033)

• Market Overview
• Adaptive Cruise Control
• Collision Warning
• Blind Spot Detection
• Autonomous Driving

Global Millimeter Wave Radar Market Size & CAGR (2026-2033)

• North America (Component Type, Frequency Range, Platform Type, Application)
  • US
  • Canada
• Europe (Component Type, Frequency Range, Platform Type, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Component Type, Frequency Range, Platform Type, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Component Type, Frequency Range, Platform Type, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Component Type, Frequency Range, Platform Type, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Renesas Electronics
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Continental
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Texas Instruments
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valeo SA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Delphi Automotive
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Autoliv
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aptiv
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Denso Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Analog Devices
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Mobis
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Robert Bosch
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• STMicroelectronics
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Infineon Technologies
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations