Global Millimeter Wave Technology Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

Description

List of Tables

The global demand for Millimeter Wave Technology Market is presumed to reach the market size of nearly USD 13.81 BN by 2030 from USD 2.56 BN in 2022 with a CAGR of 23.45% under the study period 2023 - 2030.

Millimeter wave technology refers to a segment of the electromagnetic spectrum that operates within high-frequency radio waves, typically ranging from 30 to 300 gigahertz (GHz). This technology uses wavelengths in the millimeter range, hence the name 'millimeter wave' (mmWave), and holds significant potential for various applications across different industries.

MARKET DYNAMICS

The millimeter wave technology market is propelled by diverse factors driving its adoption and expansion across industries. The deployment of 5G networks heavily relies on millimeter wave technology, meeting the demand for high-speed, low-latency connectivity required by bandwidth-intensive applications like augmented reality, virtual reality, and the Internet of Things (IoT). Advancements in communication systems leverage mmWave frequencies, enabling faster wireless communication and addressing the rising need for connectivity in multiple sectors. This technology's significance extends to imaging and sensing applications, including security scanners, radar systems for autonomous vehicles, weather forecasting instruments, and medical imaging devices. Moreover, in defense and military sectors, its use in radar, surveillance, and communication systems continues to drive growth due to enhanced detection capabilities. Continuous research efforts aimed at overcoming limitations and advancements in signal propagation further fuel market expansion. With substantial investments, collaborations among industry players, and technological innovations, the millimeter wave technology market witnesses accelerated growth, reflecting its critical role in fostering high-speed connectivity, technological advancements, and diverse applications across industries.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of millimeter wave technology. The growth and trends of millimeter wave technology industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the millimeter wave technology market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

Antennas & Transceiver Components
Frequency Sources & Related Components
Communication & Networking Components
Imaging Components
Rf & Radio Components
Sensors & Controls
Interface Components
Power & Battery Components
Others

By Product

Scanning Systems
Radar And Satellite Communication Systems
Telecommunication Equipment
Others

By Frequency Band

24-57 Ghz
57-86 Ghz
86-300 Ghz

By License Type

Light Licensed Frequency Millimeter Wave
Unlicensed Frequency Millimeter Wave
Fully Licensed Frequency Millimeter Wave

By End Use

Mobile & Telecommunication
Consumer & Commercial
Healthcare
Industrial
Automotive & Transportation
Imaging

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Millimeter Wave Technology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Millimeter Wave Technology market include Axxcss Wireless Solutions Inc. (US), NEC Corporation (Japan), Siklu Communication (US), L3HARRIS Technologies, Inc. (US), Smiths Group PLC (UK), Millimeter Wave Products Inc. (US), Farran Technology (Ireland), Eravant (US), Keysight Technologies, Inc. (US), Avail Networks, Inc. (US), Vubiq Networks, Inc. (US), ELVA-1 (Latvia), Verana Networks (US), FastBack Networks (US), and Anokiwave (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112112986

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . MILLIMETER WAVE TECHNOLOGY - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Product
- 3.7.3 Market Attractiveness Analysis By Frequency Band
- 3.7.4 Market Attractiveness Analysis By License Type
- 3.7.5 Market Attractiveness Analysis By End Use
- 3.7.6 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY COMPONENT

5.1 Overview by Component
5.2 Historical and Forecast Data
5.3 Analysis by Component
5.4 Antennas & Transceiver Components Historic and Forecast Sales by Regions
5.5 Frequency Sources & Related Components Historic and Forecast Sales by Regions
5.6 Communication & Networking Components Historic and Forecast Sales by Regions
5.7 Imaging Components Historic and Forecast Sales by Regions
5.8 RF & Radio Components Historic and Forecast Sales by Regions
5.9 Sensors & Controls Historic and Forecast Sales by Regions
5.10. Interface Components Historic and Forecast Sales by Regions
5.11 Power & Battery Components Historic and Forecast Sales by Regions
5.12 Others Historic and Forecast Sales by Regions

6 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY PRODUCT

6.1 Overview by Product
6.2 Historical and Forecast Data
6.3 Analysis by Product
6.4 Scanning Systems Historic and Forecast Sales by Regions
6.5 Radar and Satellite Communication Systems Historic and Forecast Sales by Regions
6.6 Telecommunication Equipment Historic and Forecast Sales by Regions
6.7 Others Historic and Forecast Sales by Regions

7 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY FREQUENCY BAND

7.1 Overview by Frequency Band
7.2 Historical and Forecast Data
7.3 Analysis by Frequency Band
7.4 24-57 GHz Historic and Forecast Sales by Regions
7.5 57-86 GHz Historic and Forecast Sales by Regions
7.6 86-300 GHZ Historic and Forecast Sales by Regions

8 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY LICENSE TYPE

8.1 Overview by License Type
8.2 Historical and Forecast Data
8.3 Analysis by License Type
8.4 Light Licensed Frequency Millimeter Wave Historic and Forecast Sales by Regions
8.5 Unlicensed Frequency Millimeter Wave Historic and Forecast Sales by Regions
8.6 Fully Licensed Frequency Millimeter Wave Historic and Forecast Sales by Regions

9 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY END USE

9.1 Overview by End Use
9.2 Historical and Forecast Data
9.3 Analysis by End Use
9.4 Mobile & Telecommunication Historic and Forecast Sales by Regions
9.5 Consumer & Commercial Historic and Forecast Sales by Regions
9.6 Healthcare Historic and Forecast Sales by Regions
9.7 Industrial Historic and Forecast Sales by Regions
9.8 Automotive & Transportation Historic and Forecast Sales by Regions
9.9 Imaging Historic and Forecast Sales by Regions

10 . GLOBAL MILLIMETER WAVE TECHNOLOGY MARKET ANALYSIS BY GEOGRAPHY

10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
- 10.3.1. Overview, Historic and Forecast Data Sales Analysis
- 10.3.2. North America By Segment Sales Analysis
- 10.3.3. North America By Country Sales Analysis
- 10.3.4. United State Sales Analysis
- 10.3.5. Canada Sales Analysis
- 10.3.6. Mexico Sales Analysis
10.4. Europe Sales Analysis
- 10.4.1. Overview, Historic and Forecast Data Sales Analysis
- 10.4.2. Europe by Segment Sales Analysis
- 10.4.3. Europe by Country Sales Analysis
- 10.4.4. United Kingdom Sales Analysis
- 10.4.5. France Sales Analysis
- 10.4.6. Germany Sales Analysis
- 10.4.7. Italy Sales Analysis
- 10.4.8. Russia Sales Analysis
- 10.4.9. Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
- 10.5.1. Overview, Historic and Forecast Data Sales Analysis
- 10.5.2. Asia Pacific by Segment Sales Analysis
- 10.5.3. Asia Pacific by Country Sales Analysis
- 10.5.4. China Sales Analysis
- 10.5.5. India Sales Analysis
- 10.5.6. Japan Sales Analysis
- 10.5.7. South Korea Sales Analysis
- 10.5.8. Australia Sales Analysis
- 10.5.9. South East Asia Sales Analysis
- 10.5.10. Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
- 10.6.1. Overview, Historic and Forecast Data Sales Analysis
- 10.6.2. Latin America by Segment Sales Analysis
- 10.6.3. Latin America by Country Sales Analysis
- 10.6.4. Brazil Sales Analysis
- 10.6.5. Argentina Sales Analysis
- 10.6.6. Peru Sales Analysis
- 10.6.7. Chile Sales Analysis
- 10.6.8. Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
- 10.7.1. Overview, Historic and Forecast Data Sales Analysis
- 10.7.2. Middle East & Africa by Segment Sales Analysis
- 10.7.3. Middle East & Africa by Country Sales Analysis
- 10.7.4. Saudi Arabia Sales Analysis
- 10.7.5. UAE Sales Analysis
- 10.7.6. Israel Sales Analysis
- 10.7.7. South Africa Sales Analysis
- 10.7.8. Rest Of Middle East And Africa Sales Analysis

11 . COMPETITIVE LANDSCAPE OF THE MILLIMETER WAVE TECHNOLOGY COMPANIES

11.1. Millimeter Wave Technology Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments

12 . COMPANY PROFILES OF MILLIMETER WAVE TECHNOLOGY INDUSTRY

12.1. Company Share Analysis
12.2. Market Concentration Rate
12.3. Axxcss Wireless Solutions Inc. (US)
- 12.3.1. Company Overview
- 12.3.2. Company Revenue
- 12.3.3. Products
- 12.3.4. Recent Developments
12.4. NEC Corporation (Japan)
- 12.4.1. Company Overview
- 12.4.2. Company Revenue
- 12.4.3. Products
- 12.4.4. Recent Developments
12.5. Siklu Communication (US)
- 12.5.1. Company Overview
- 12.5.2. Company Revenue
- 12.5.3. Products
- 12.5.4. Recent Developments
12.6. L3HARRIS Technologies Inc. (US)
- 12.6.1. Company Overview
- 12.6.2. Company Revenue
- 12.6.3. Products
- 12.6.4. Recent Developments
12.7. Smiths Group PLC (UK)
- 12.7.1. Company Overview
- 12.7.2. Company Revenue
- 12.7.3. Products
- 12.7.4. Recent Developments
12.8. Millimeter Wave Products Inc. (US)
- 12.8.1. Company Overview
- 12.8.2. Company Revenue
- 12.8.3. Products
- 12.8.4. Recent Developments
12.9. Farran Technology (Ireland)
- 12.9.1. Company Overview
- 12.9.2. Company Revenue
- 12.9.3. Products
- 12.9.4. Recent Developments
12.10. Eravant (US)
- 12.10.1. Company Overview
- 12.10.2. Company Revenue
- 12.10.3. Products
- 12.10.4. Recent Developments
12.11. Keysight Technologies Inc. (US)
- 12.11.1. Company Overview
- 12.11.2. Company Revenue
- 12.11.3. Products
- 12.11.4. Recent Developments
12.12. Avail Networks Inc. (US)
- 12.12.1. Company Overview
- 12.12.2. Company Revenue
- 12.12.3. Products
- 12.12.4. Recent Developments
12.13. Vubiq Networks Inc. (US)
- 12.13.1. Company Overview
- 12.13.2. Company Revenue
- 12.13.3. Products
- 12.13.4. Recent Developments
12.14. ELVA-1 (Latvia)
- 12.14.1. Company Overview
- 12.14.2. Company Revenue
- 12.14.3. Products
- 12.14.4. Recent Developments
12.15. Verana Networks (US)
- 12.15.1. Company Overview
- 12.15.2. Company Revenue
- 12.15.3. Products
- 12.15.4. Recent Developments
12.16. FastBack Networks (US)
- 12.16.1. Company Overview
- 12.16.2. Company Revenue
- 12.16.3. Products
- 12.16.4. Recent Developments
12.17. Anokiwave (US)
- 12.17.1. Company Overview
- 12.17.2. Company Revenue
- 12.17.3. Products
- 12.17.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies