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Market Research Report
Product code
1053647
Millimeter Wave Technology Market Share, Size, Trends, Industry Analysis Report, By End-Use ; By Product; By Frequency Band; By Region; Segment Forecast, 2021 - 2029 |
Millimeter Wave Technology Market Share, Size, Trends, Industry Analysis Report, By End-Use ; By Product; By Frequency Band; By Region; Segment Forecast, 2021 - 2029 |
Published: November 1, 2021
Polaris Market Research
Content info: 118 Pages
Delivery time: 1-2 business days
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The global millimeter wave technology market size is expected to reach USD 5.13 billion by 2029 according to a new study by Polaris Market Research. The report "Millimeter Wave Technology Market Share, Size, Trends, Industry Analysis Report, By End-Use (Mobile & Telecom, Healthcare, Commercial, Industrial, Consumer, Automotive, Defense, Others); By Product; By Frequency Band; By Region; Segment Forecast, 2021 - 2029" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The MMW technology has enabled the radar tech for automotive & transport applications. It implies the technique in radio-frequency modules which renders an effective radar performance. These emerging applications of MMW across the automotive and healthcare industries are therefore expected to fuel the demand for MMW devices. As a result, the global market is anticipated to experience a notable swift over the estimated time.
Moreover, the ability of millimeter waves to penetrate through almost all the materials including concealed solid as well as liquid objects have made the technique extremely reliable from the security perspective. Therefore, resulting in the heavy adoption of MMW scanners at a fast pace across the security sector, in turn helping the overall MMW technology market to flourish significantly.
A few important parameters to be considered to achieve better MMW imaging include careful selection of the targets depending upon the transmission & reflecting principles, illumination, distance, detector type, and image processing. Radars and satellite communication systems are another major product based on the millimeter wave technique. The Military & defense sector was one of the initial sectors to implement small, high gain antennas that operate at high frequency in the MMW radar aircraft.
Recent years have been witnessing an increasing interest in circuits and communication systems across the educational as well as industrial sectors. The research and advancements have led to the building up of several innovations in the MMW technology and developing various components implementing the technique in the market.
Polaris Market Research has segmented the millimeter wave technology market report on the basis of product, component, frequency band, application, and region:
Millimeter Wave Technology, Product Outlook (Revenue - USD Million, 2017 - 2029)
Telecommunication Equipment
Imaging & Scanning Systems
Radar & Satellite Communication Systems
Millimeter Wave Technology, Component Outlook (Revenue - USD Million, 2017 - 2029)
Antennas & Transceivers
Amplifiers
Oscillators
Control Devices
Frequency Converters
Passive Components
Others
Millimeter Wave Technology, Frequency Band Outlook (Revenue - USD Million, 2017 - 2029)
V-Band
E-Band
Others
Millimeter Wave Technology, Application Outlook (Revenue - USD Million, 2017 - 2029)
Telecommunications
Military & Defense
Automotive & Transport
Healthcare
Electronics & Semiconductor
Security
Millimeter Wave Technology, Regional Outlook (Revenue - USD Million, 2017 - 2029)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Asia Pacific
China
Japan
India
Singapore
South Korea
Rest of World
Brazil
Rest of South America
Middle East & Africa
List of Tables
Figure 1. Market Highlights
Figure 2. Research Methodology: Top-Down & Bottom-Up Approach
Figure 3. Market by Geography, 2020 & 2029 (USD Million)
Figure 4. Porter's Five Forces
Figure 5. Millimeter Wave (MMW) Technology Market - Value Chain
Figure 6. Market by Product
Figure 7. Global Millimeter Wave (MMW) Market, By Product, 2020 - 2029 (USD Million)
Figure 8. Market by Component
Figure 9. Global Millimeter Wave (MMW) Market, By Component, 2020 - 2029 (USD Million)
Figure 10. Market by Frequency Band
Figure 11. Global Millimeter Wave (MMW) Technology Market, By Frequency Band, 2020 - 2029 (USD Million)
Figure 12. Market by Application
Figure 13. Global Millimeter Wave (MMW) Technology Market, By Application, 2020 - 2029 (USD Million)
Figure 14. Millimeter Wave Technology Market Assessment, By Geography, 2017 - 2029(USD Million)