Pune, India, Jan. 28, 2022 (GLOBE NEWSWIRE) — According to the report, the global Millimeter Wave Radar market size was USD 567.2 million in 2020. The market is expected to grow from USD 572.1 million in 2021 to USD 1,401.4 million in 2028 at a CAGR of 13.7% in the 2021-2028 period. According to our researchers, rising installation of the device in vehicles in order to reduce traffic mishaps and improve autonomous driving shall result in the broader usage of automotive millimetre wave radars. It is executed in several usages, such as warning drivers towards probable jeopardies and even calculating distance and preserving intervals between adjacent automobiles.
Amplified Automation of Manufacturing Line amid COVID-19 to Foster Growth
Penetration of millimeter wave technology in the automobile industry is expected to upsurge principally owing to the prompt growth of the sustaining 5G infrastructure in fundamental areas since the pandemic. With the rising emphasis on communication between automobiles, pedestrians, and even road infrastructure, various OEMs are managing…
