Global Automotive Millimeter- Wave Radar IC Market Size By Manufacturing Technology, By Application, By Product Type, By Geographic Scope And Forecast
Automotive Millimeter- Wave Radar IC Market Size And Forecast
Automotive Millimeter- Wave Radar IC Market is estimated to grow at a CAGR of 16.5% from 2019 to 2026.
Global Automotive Millimeter- Wave Radar IC Market Overview
The Automotive Millimeter-Wave Radar IC Market is experiencing tremendous growth owing to its improved range resolution, larger bandwidth, and great precision. The increasing trend of the adoption of ADAS technology by OEMs is driving the growth of the global automotive millimeter wave-wave radar IC market. The commercialization of autonomous vehicles on a large scale is another factor driving market growth. Moreover, the growing implementation of the automotive millimeter-wave radar IC in the security application is imposing a positive outlook on the market growth. Keeping in mind the increased incidences of road accidents and growing concerns towards road safety and stringent government regulations that promote the usage of wave radar IC are helping the market to grow.
Global Automotive Millimeter- Wave Radar IC Market: Segmentation Analysis
Global Automotive Millimeter- Wave Radar IC Market is segmented based onManufacturing Technology,Application,Product Type, And Geography.
Key Players in Automotive Millimeter- Wave Radar IC Market
The Global Automotive Millimeter- Wave Radar IC Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Fujitsu TEN, Asahi Kasei Microdevices Corporation, Infineon Technologies AG, Mitsubishi Electric Corporation, Maxim Integrated, NOVELIC, United Monolithic Semiconductors, NXP Semiconductors N.V., Texas Instruments, and MediaTek Inc.
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