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

Request the impact of COVID-19 on your product or industry

The future of the millimeter wave (mmWave) radar IC market looks attractive with opportunities in the automotive, telecommunications, security & imaging, and healthcare industries. The millimeter wave radar IC market is expected to 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 $1.2 billion by 2025 with a CAGR of 16% to 18% from 2020 to 2025. The major drivers for the growth of this market are increase in the adoption of advanced driver assistance systems (ADAS) technology by OEMs and increasing usage of millimeter wave in small-cell backhaul networks.

Emerging trends, which have a direct impact on the dynamics of the millimeter wave radar IC industry, include introduction of CMOS RF transceiver and increasing usage in the satellite communication. 

A total of 96 figures / charts and 87 tables are provided in this 165 -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 millimeter wave radar IC market report download the report brochure. 

Millimeter Wave Radar IC Market Trends and Forecast by Product, Frequency Range, Technology, and End Use Industry
mmwave radar IC opportunities have evolved through number of stages as presented in figure below:

Evolution of mmWave Radar IC Opportunities