The global market for FMCW Millimeter-wave Radar was estimated to be worth US$ 4026 million in 2024 and is forecast to a readjusted size of US$ 11610 million by 2031 with a CAGR of 15.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on FMCW Millimeter-wave Radar cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
FMCW millimeter-wave radar is a high-precision sensing technology that operates in the millimeter-wave frequency range (typically 24 GHz, 77 GHz or 60 GHz) and uses continuous frequency modulation to detect and measure the distance, velocity, and angle of objects. By continuously transmitting a frequency-modulated signal and analyzing the frequency difference between the transmitted and received signals, FMCW millimeter-wave radar can accurately calculate the range and relative speed of targets with fine resolution and low latency. This technology is widely used in automotive advanced driver-assistance systems (ADAS), industrial automation, and security applications due to its excellent range accuracy, ability to penetrate adverse weather conditions, and robustness against interference.
The surge in penetration of higher-level intelligent driving is the key driver of the market. As intelligent driving technology evolves from L2 to L2+, more OEMs are integrating features such as NOA (Navigate on Autopilot), automatic lane changing, and intelligent parking into mainstream models. These advanced functions demand greater accuracy and stability in environmental perception. Millimeter-wave radar, as a key component for long-range speed measurement and obstacle detection, has become a core standard feature. Especially in L2+ systems, typically one long-range front radar and 2 to 4 corner radars are installed-significantly more than the 1 to 2 radars commonly found in L1 configurations. Therefore, the widespread adoption of higher-level driving functions directly drives up the average number of millimeter-wave radars per vehicle and overall system demand.
This report aims to provide a comprehensive presentation of the global market for FMCW Millimeter-wave Radar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of FMCW Millimeter-wave Radar by region & country, by Type, and by Application.
The FMCW Millimeter-wave Radar market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding FMCW Millimeter-wave Radar.
Market Segmentation
By Company
- Bosch
- Continental
- FORVIA
- Denso
- Magna
- Aptiv
- Valeo
- ZF
- WHST
- Huawei
- Hyundai Mobis
- Cheng-Tech
- FinDreams Technology (BYD)
- Freetech
- HASCO
- Hirige
- Muniu Technology
- Desay SV
- Chuhang Technology
- Shanghai Baolong
Segment by Type
Segment by Application
- Automotive
- Industrial
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of FMCW Millimeter-wave Radar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of FMCW Millimeter-wave Radar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of FMCW Millimeter-wave Radar in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 FMCW Millimeter-wave Radar Product Introduction
- 1.2 Global FMCW Millimeter-wave Radar Market Size Forecast
- 1.2.1 Global FMCW Millimeter-wave Radar Sales Value (2020-2031)
- 1.2.2 Global FMCW Millimeter-wave Radar Sales Volume (2020-2031)
- 1.2.3 Global FMCW Millimeter-wave Radar Sales Price (2020-2031)
- 1.3 FMCW Millimeter-wave Radar Market Trends & Drivers
- 1.3.1 FMCW Millimeter-wave Radar Industry Trends
- 1.3.2 FMCW Millimeter-wave Radar Market Drivers & Opportunity
- 1.3.3 FMCW Millimeter-wave Radar Market Challenges
- 1.3.4 FMCW Millimeter-wave Radar Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global FMCW Millimeter-wave Radar Players Revenue Ranking (2024)
- 2.2 Global FMCW Millimeter-wave Radar Revenue by Company (2020-2025)
- 2.3 Global FMCW Millimeter-wave Radar Players Sales Volume Ranking (2024)
- 2.4 Global FMCW Millimeter-wave Radar Sales Volume by Company Players (2020-2025)
- 2.5 Global FMCW Millimeter-wave Radar Average Price by Company (2020-2025)
- 2.6 Key Manufacturers FMCW Millimeter-wave Radar Manufacturing Base and Headquarters
- 2.7 Key Manufacturers FMCW Millimeter-wave Radar Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of FMCW Millimeter-wave Radar
- 2.9 FMCW Millimeter-wave Radar Market Competitive Analysis
- 2.9.1 FMCW Millimeter-wave Radar Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by FMCW Millimeter-wave Radar Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in FMCW Millimeter-wave Radar as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 77 GHz
- 3.1.2 24 GHz
- 3.1.3 Others
- 3.2 Global FMCW Millimeter-wave Radar Sales Value by Type
- 3.2.1 Global FMCW Millimeter-wave Radar Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global FMCW Millimeter-wave Radar Sales Value, by Type (2020-2031)
- 3.2.3 Global FMCW Millimeter-wave Radar Sales Value, by Type (%) (2020-2031)
- 3.3 Global FMCW Millimeter-wave Radar Sales Volume by Type
- 3.3.1 Global FMCW Millimeter-wave Radar Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global FMCW Millimeter-wave Radar Sales Volume, by Type (2020-2031)
- 3.3.3 Global FMCW Millimeter-wave Radar Sales Volume, by Type (%) (2020-2031)
- 3.4 Global FMCW Millimeter-wave Radar Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Automotive
- 4.1.2 Industrial
- 4.1.3 Others
- 4.2 Global FMCW Millimeter-wave Radar Sales Value by Application
- 4.2.1 Global FMCW Millimeter-wave Radar Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global FMCW Millimeter-wave Radar Sales Value, by Application (2020-2031)
- 4.2.3 Global FMCW Millimeter-wave Radar Sales Value, by Application (%) (2020-2031)
- 4.3 Global FMCW Millimeter-wave Radar Sales Volume by Application
- 4.3.1 Global FMCW Millimeter-wave Radar Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global FMCW Millimeter-wave Radar Sales Volume, by Application (2020-2031)
- 4.3.3 Global FMCW Millimeter-wave Radar Sales Volume, by Application (%) (2020-2031)
- 4.4 Global FMCW Millimeter-wave Radar Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global FMCW Millimeter-wave Radar Sales Value by Region
- 5.1.1 Global FMCW Millimeter-wave Radar Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global FMCW Millimeter-wave Radar Sales Value by Region (2020-2025)
- 5.1.3 Global FMCW Millimeter-wave Radar Sales Value by Region (2026-2031)
- 5.1.4 Global FMCW Millimeter-wave Radar Sales Value by Region (%), (2020-2031)
- 5.2 Global FMCW Millimeter-wave Radar Sales Volume by Region
- 5.2.1 Global FMCW Millimeter-wave Radar Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global FMCW Millimeter-wave Radar Sales Volume by Region (2020-2025)
- 5.2.3 Global FMCW Millimeter-wave Radar Sales Volume by Region (2026-2031)
- 5.2.4 Global FMCW Millimeter-wave Radar Sales Volume by Region (%), (2020-2031)
- 5.3 Global FMCW Millimeter-wave Radar Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 5.4.2 North America FMCW Millimeter-wave Radar Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 5.5.2 Europe FMCW Millimeter-wave Radar Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 5.6.2 Asia Pacific FMCW Millimeter-wave Radar Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 5.7.2 South America FMCW Millimeter-wave Radar Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 5.8.2 Middle East & Africa FMCW Millimeter-wave Radar Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions FMCW Millimeter-wave Radar Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions FMCW Millimeter-wave Radar Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions FMCW Millimeter-wave Radar Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.3.2 United States FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.4.2 Europe FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.5.2 China FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.6.2 Japan FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.7.2 South Korea FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.8.2 Southeast Asia FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India FMCW Millimeter-wave Radar Sales Value, 2020-2031
- 6.9.2 India FMCW Millimeter-wave Radar Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India FMCW Millimeter-wave Radar Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Bosch
- 7.1.1 Bosch Company Information
- 7.1.2 Bosch Introduction and Business Overview
- 7.1.3 Bosch FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Bosch FMCW Millimeter-wave Radar Product Offerings
- 7.1.5 Bosch Recent Development
- 7.2 Continental
- 7.2.1 Continental Company Information
- 7.2.2 Continental Introduction and Business Overview
- 7.2.3 Continental FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Continental FMCW Millimeter-wave Radar Product Offerings
- 7.2.5 Continental Recent Development
- 7.3 FORVIA
- 7.3.1 FORVIA Company Information
- 7.3.2 FORVIA Introduction and Business Overview
- 7.3.3 FORVIA FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 FORVIA FMCW Millimeter-wave Radar Product Offerings
- 7.3.5 FORVIA Recent Development
- 7.4 Denso
- 7.4.1 Denso Company Information
- 7.4.2 Denso Introduction and Business Overview
- 7.4.3 Denso FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Denso FMCW Millimeter-wave Radar Product Offerings
- 7.4.5 Denso Recent Development
- 7.5 Magna
- 7.5.1 Magna Company Information
- 7.5.2 Magna Introduction and Business Overview
- 7.5.3 Magna FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Magna FMCW Millimeter-wave Radar Product Offerings
- 7.5.5 Magna Recent Development
- 7.6 Aptiv
- 7.6.1 Aptiv Company Information
- 7.6.2 Aptiv Introduction and Business Overview
- 7.6.3 Aptiv FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Aptiv FMCW Millimeter-wave Radar Product Offerings
- 7.6.5 Aptiv Recent Development
- 7.7 Valeo
- 7.7.1 Valeo Company Information
- 7.7.2 Valeo Introduction and Business Overview
- 7.7.3 Valeo FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Valeo FMCW Millimeter-wave Radar Product Offerings
- 7.7.5 Valeo Recent Development
- 7.8 ZF
- 7.8.1 ZF Company Information
- 7.8.2 ZF Introduction and Business Overview
- 7.8.3 ZF FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 ZF FMCW Millimeter-wave Radar Product Offerings
- 7.8.5 ZF Recent Development
- 7.9 WHST
- 7.9.1 WHST Company Information
- 7.9.2 WHST Introduction and Business Overview
- 7.9.3 WHST FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 WHST FMCW Millimeter-wave Radar Product Offerings
- 7.9.5 WHST Recent Development
- 7.10 Huawei
- 7.10.1 Huawei Company Information
- 7.10.2 Huawei Introduction and Business Overview
- 7.10.3 Huawei FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Huawei FMCW Millimeter-wave Radar Product Offerings
- 7.10.5 Huawei Recent Development
- 7.11 Hyundai Mobis
- 7.11.1 Hyundai Mobis Company Information
- 7.11.2 Hyundai Mobis Introduction and Business Overview
- 7.11.3 Hyundai Mobis FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Hyundai Mobis FMCW Millimeter-wave Radar Product Offerings
- 7.11.5 Hyundai Mobis Recent Development
- 7.12 Cheng-Tech
- 7.12.1 Cheng-Tech Company Information
- 7.12.2 Cheng-Tech Introduction and Business Overview
- 7.12.3 Cheng-Tech FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Cheng-Tech FMCW Millimeter-wave Radar Product Offerings
- 7.12.5 Cheng-Tech Recent Development
- 7.13 FinDreams Technology (BYD)
- 7.13.1 FinDreams Technology (BYD) Company Information
- 7.13.2 FinDreams Technology (BYD) Introduction and Business Overview
- 7.13.3 FinDreams Technology (BYD) FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 FinDreams Technology (BYD) FMCW Millimeter-wave Radar Product Offerings
- 7.13.5 FinDreams Technology (BYD) Recent Development
- 7.14 Freetech
- 7.14.1 Freetech Company Information
- 7.14.2 Freetech Introduction and Business Overview
- 7.14.3 Freetech FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Freetech FMCW Millimeter-wave Radar Product Offerings
- 7.14.5 Freetech Recent Development
- 7.15 HASCO
- 7.15.1 HASCO Company Information
- 7.15.2 HASCO Introduction and Business Overview
- 7.15.3 HASCO FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 HASCO FMCW Millimeter-wave Radar Product Offerings
- 7.15.5 HASCO Recent Development
- 7.16 Hirige
- 7.16.1 Hirige Company Information
- 7.16.2 Hirige Introduction and Business Overview
- 7.16.3 Hirige FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Hirige FMCW Millimeter-wave Radar Product Offerings
- 7.16.5 Hirige Recent Development
- 7.17 Muniu Technology
- 7.17.1 Muniu Technology Company Information
- 7.17.2 Muniu Technology Introduction and Business Overview
- 7.17.3 Muniu Technology FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Muniu Technology FMCW Millimeter-wave Radar Product Offerings
- 7.17.5 Muniu Technology Recent Development
- 7.18 Desay SV
- 7.18.1 Desay SV Company Information
- 7.18.2 Desay SV Introduction and Business Overview
- 7.18.3 Desay SV FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Desay SV FMCW Millimeter-wave Radar Product Offerings
- 7.18.5 Desay SV Recent Development
- 7.19 Chuhang Technology
- 7.19.1 Chuhang Technology Company Information
- 7.19.2 Chuhang Technology Introduction and Business Overview
- 7.19.3 Chuhang Technology FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Chuhang Technology FMCW Millimeter-wave Radar Product Offerings
- 7.19.5 Chuhang Technology Recent Development
- 7.20 Shanghai Baolong
- 7.20.1 Shanghai Baolong Company Information
- 7.20.2 Shanghai Baolong Introduction and Business Overview
- 7.20.3 Shanghai Baolong FMCW Millimeter-wave Radar Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Shanghai Baolong FMCW Millimeter-wave Radar Product Offerings
- 7.20.5 Shanghai Baolong Recent Development
8 Industry Chain Analysis
- 8.1 FMCW Millimeter-wave Radar Industrial Chain
- 8.2 FMCW Millimeter-wave Radar Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 FMCW Millimeter-wave Radar Sales Model
- 8.5.2 Sales Channel
- 8.5.3 FMCW Millimeter-wave Radar Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer