Millimeter wave radar IC Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the millimeter wave radar IC market have evolved through a number of stages i.e. from first automotive mmWave radar IC introduced to development mmWave radar IC technology. Lucintel has found the future of this market to be promising; the millimeter wave radar IC market is expected to reach $1.2 billion by 2025 with a CAGR of 16.6%. In this market, 77 GHz and others is the largest segment by product type, whereas automotive is largest by end use industry. Players can benefit from the available opportunities like increasing adoption of ADAS technology by OEMs and government regulations on safety of vehicles.

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Infineon Technologies AG, NXP Semiconductors N.V. Texas Instruments, United Monolithic Semiconductors, and Mitsubishi Electric Corporation and others are some of the companies profiled in this report.

Some of the features of this report:

• Market size estimates:Millimeter wave radar IC market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
• Segmentation analysis: Millimeter wave radar IC market size by various segments such as product type, frequency range, technology, and end use industry type in terms of value and volume shipment.
• Regional analysis:Millimeter wave radar IC market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities:Analysis on growth opportunities in different applications and regions of millimeter wave radar IC in the millimeter wave radar IC market.
• Strategic analysis:This includes M&A, new product development, and competitive landscape of millimeter wave radar IC in the millimeter wave radar IC market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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Tel. 972.636.5056
Cell: 303.775.0751