Automotive Radar Chip Market, Global Outlook and Forecast 2025-2032

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Automotive Radar Chip Market, Global Outlook and Forecast 2025-2032

The global Automotive Radar Chip Market was valued at 49.6 million in 2023 and is projected to reach US$ 162 million by 2030, at a CAGR of 18.9% during the forecast period.

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Automotive Radar Chip Market Overview

An automotive radar chip is a specialized semiconductor device used in automotive radar systems. These chips transmit and receive radio waves to detect objects, measure distances, and support advanced driver assistance systems (ADAS) functionalities such as:

Adaptive cruise control

Collision warning

Blind spot detection

Autonomous driving features

These radar chips are essential for enhancing vehicle safety, improving situational awareness, and enabling intelligent driving functions in modern vehicles.

We have surveyed the Automotive Radar Chip manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risksThis report aims to provide a comprehensive presentation of the global market for Automotive Radar Chip, 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 Automotive Radar Chip. This report contains market size and forecasts of Automotive Radar Chip in global, including the following market information:

Global Automotive Radar Chip market revenue, 2019-2024, 2025-2030, ($ millions)

Global Automotive Radar Chip market sales, 2019-2024, 2025-2030, (K Units)

Global top five Automotive Radar Chip companies in 2023 (%)

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Automotive Radar Chip Key Market Trends  :

Growth in Autonomous Driving TechnologiesThe rise of autonomous vehicles is increasing the demand for automotive radar chips. These chips are essential for environment perception, obstacle detection, and real-time decision-making, supporting advancements in self-driving technology.

Integration with Sensor Fusion SystemsThe integration of radar chips with other sensors like lidar, cameras, and ultrasonic sensors is becoming a key trend. This fusion enhances vehicle perception and situational awareness, critical for ADAS (Advanced Driver Assistance Systems) and autonomous driving features.

Increased Adoption of Radar-Based Safety FeaturesRadar chips are increasingly being used for advanced safety features such as collision avoidance, emergency braking, and lane-keeping assistance. This trend is driven by the growing demand for safer driving technologies.

Total Market by Segment:

Global Automotive Radar Chip market, by Type, 2019-2024, 2025-2030 ($ millions) & (K Units)Global Automotive Radar Chip market segment percentages, by Type, 2023 (%)

77GHz Radar Chip

24GHz Radar Chip

Global Automotive Radar Chip market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)Global Automotive Radar Chip market segment percentages, by Application, 2023 (%)

Commercial Vehicle

Passenger Car

Further, the report presents profiles of competitors in the market, key players include:

Infineon

Texas Instruments

NXP Semiconductors

STMicroelectronics

Calterah

Socionext

Drivers

Vehicle Safety SystemsIncreasing focus on vehicle safety, along with the adoption of collision avoidance technologies, is driving the demand for radar chips. ADAS functionalities such as pedestrian detection and emergency braking rely on these chips for enhanced performance.

Autonomous Driving AdvancementsThe development of autonomous vehicles heavily depends on automotive radar chips. These chips enable real-time object detection and environmental perception, vital for self-driving technologies.

Growing Vehicle ElectrificationThe rise in electric vehicle (EV) production is fueling demand for automotive radar chips. EVs require advanced safety and sensor technologies, driving growth in radar chip adoption.

FAQs

Q: What are the key driving factors and opportunities in the Automotive Radar Chip market?

A:The increasing demand for vehicle safety systems and autonomous driving technologies.

Opportunities lie in the expanding connected vehicle ecosystem and advancements in sensor fusion technologies.

Q: Which region is projected to have the largest market share for Automotive Radar Chips?

A:North America and Europe are expected to hold the largest market share due to their strong automotive industries and high adoption of ADAS and autonomous driving technologies.

Q: Who are the top players in the global Automotive Radar Chip market?

A:Leading companies include major semiconductor manufacturers such as Bosch, NXP Semiconductors, Infineon Technologies, and Continental AG.

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About Semiconductor Insight:

Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.

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