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The Impact of COVID-19 is included in Automotive Millimeter- Wave Radar IC Market. Buy it today to get an advantage.

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The future of the automotive millimeter-wave (mmWave) radar IC market looks attractive with opportunities in adaptive cruise control, blind spot detection (BSD), forward collision warning, parking assist, automatic emergency braking system (AEBS), and other automotive advanced driver assistance systems (ADAS) applications. The automotive millimeter-wave radar IC market is expected decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.8 billion by 2025 with a CAGR of 13% to 15% from 2020 to 2025. The major drivers for this market are increase in the adoption of ADAS technology by OEMs, increasing governments’ regulations for vehicle safety, and growing demand for autonomous vehicles.

Emerging trends, which have a direct impact on the dynamics of the automotive millimeter-wave radar IC industry, include introduction of CMOS RF transceiver and focus on miniaturization of products. 

 
A total of 96 figures / charts and 87 tables are provided in this 166 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of automotive millimeter- wave radar IC market report download the report brochure.

Automotive Millimeter-Wave (mmWave) Radar IC Market by Product Type, Frequency Range, Manufacturing Technology, and Application
 
Automotive mmwave radar IC opportunities have evolved through number of stages as presented in figure below:

Evolution of Automotive mmWave Radar IC Opportunities