Analysis of the prospects of the millimeter wave radar industry in 2024: The domestic market size of millimeter wave radar exceeds 13.041 billion yuan
The analysis of the prospects of the millimeter wave radar industry points out that currently, the radar core components in the upstream of the domestic industry chain are almost monopolized by foreign suppliers. The product performance of domestic suppliers is comparable to that of foreign suppliers, but the reliability of the products needs to be verified, and there are disadvantages in the functional tool chain and future product foresight; Midstream millimeter wave radar module manufacturing