Millimeter Wave Radar IC Market is expected to reach $1.2 Billion by 2025- An exclusive market research report by Lucintel

Market-Research

Lucintel's latest market report analyzed that millimeter wave radar IC provides attractive opportunities in the automotive, telecommunications, security & imaging, and healthcare industries. 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. The introduction of CMOS RF transceiver and increasing usage in the satellite communication provides strategic growth path in this market.

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Based on product type, the millimeter wave radar IC market is segmented into 24 GHz, and 77 GHz and others. The 77 GHz and others segment is expected to register the highest CAGR during the forecast period due to its wider bandwidth, improve range resolution and accuracy and due to increased signal bandwidth, they have the capability to distinguish between diverse objects and also offer high resolution.

Browse in-depth TOC on “Millimeter Wave Radar IC Market”

96 – Tables

87 – Figures

165 – Pages

The millimeter wave radar IC market is marked by the presence of several big and small players. Some of the prominent players offering millimeter wave radar IC include Infineon Technologies AG, NXP Semiconductors N.V. Texas Instruments, United Monolithic Semiconductors, and Mitsubishi Electric Corporation and others.

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This unique research report 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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