Millimeter wave (MV) technology is an exclusive type of electromagnetic wave technology. These waves usually propagate through line-of-sight and hence are subjected to high atmospheric attenuation as compared to lower bands. These waves find extensive application in wireless communications and as such telecom industry benefits a lot from its evolution. This technology is now being used in small cell phones backhauls of base stations in developing metro network services over MMW as they are capable of transferring data at high speeds and low latency despite the smaller antenna size. The technical boom in mobile and telecom industries and display technologies being upgraded to QHD, 4K standards, increased usage of MMW in automobiles to achieve the dream of connected automobiles, etc. are driving the market for MMW as these waves can provide the necessary bandwidth to provide 5G services at transfer rates of up to 10GBPS. The viewpoints of remote correspondence, the millimeter wave for the most part involve recurrence extend between 30 GHz to 300 GHz.
How Big is The Global Millimeter Wave Technology Market?
The Global Millimeter Wave Technology Market is expected to be around US$ 7.1 Billion by 2027 at a CAGR of 35.2% in the given forecast period.
The major driving factors of Global Millimeter Wave Technology Market are as follows:
The restraining factors of Global Millimeter Wave Technology Market are as follows:
The Global Millimeter Wave Technology Market is segmented on the lines of its product, frequency band, license type, application and regional. Based on product segmentation it covers scanner systems, radar and satellite communication systems, telecommunication equipment, others. Based on frequency band segmentation it covers band between 30 GHz and 57 GHz, band between 57 GHz and 86 GHz, band between 86 GHz and 300 GHz. Based on license type segmentation it covers light licensed frequency, unlicensed frequency, fully licensed frequency. Based on application segmentation it covers mobile & telecommunication, consumer & commercial, healthcare, industrial, automotive and transportation, military, defense, and aerospace, imaging. The Global Millimeter Wave Technology Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Millimeter Wave Technology Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Global Millimeter Wave Technology Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Millimeter Wave Technology Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BridgeWave Communications, Inc. (US), E-Band Communications, LLC (US), Keysight Technologies, Inc. (US), NEC Corp. (Japan), SAGE Millimeter, Inc. (US), Siklu Communication, Ltd. (Israel), Aviat Networks, Inc. (Singapore), Farran Technology Ltd. (Ireland), Millimeter Wave Products, Inc. (US), Millitech, Inc. (US), Millivision Technologies (US), Vubiq Networks, Inc. (US), E-Band Communications, LLC (US), Smiths Group Plc. (UK), L3 Technologies, Inc. (US), and Elva-1 (Sweden). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Millimeter Wave Technology Market has been segmented as below:
By Product Analysis:
By Frequency Band Analysis:
By License Type Analysis:
By Application Analysis:
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Millimeter Wave Technology Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Millimeter Wave Technology Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Millimeter Wave Technology Market
4.2 Millimeter Wave Technology Market, By Product Type (2019 –2025)
4.3 Millimeter Wave Technology Market, By Frequency Band (2019–2025)
4.4 Millimeter Wave Technology Market, By Component (2019–2025)
4.5 Millimeter Wave Technology Market, By Application (2019–2025)
4.6 Millimeter Wave Technology Market, By Product and By Application
4.7 Millimeter Wave Technology Market, By Geography (2019–2025)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Mobile Data Traffic and Demand for Bandwidth-Intensive Applications
5.2.1.2 Increasing Usage of Millimeter Wave in Small-Cell Backhaul Networks
5.2.1.3 Increasing Demand for Innovative Applications in Radar and Security Applications
5.2.1.4 High Potential for the Use of Millimeter Wave Technology in Consumer Electronics
5.2.2 Restraints
5.2.2.1 Adverse Impact on the Environment
5.2.3 Opportunities
5.2.3.1 Potential Use of Millimeter Wave for 5G Technology
5.2.3.2 Wide Scope in the Military, Defense, Aerospace, and Satellite Communication Applications
5.2.3.3 Use of Millimeter Wave in Autonomous Vehicles
5.2.3.4 Availability of Unallocated Spectrum Above 30 GHz
5.2.4 Challenges
5.2.4.1 Limited Range of Millimeter Wave
5.2.4.2 Fragmented and Non-Uniform Licensing Approach Across the Globe
5.3 Value Chain Analysis
5.4 Supply Chain Analysis
5.4.1 Key Influencers
6 Millimeter Wave Technology Market, By Product
6.1 Introduction
6.2 Scanner Systems
6.2.1 Active Systems
6.2.2 Passive Systems
6.3 Radar and Satellite Communications Systems
6.3.1 Perimeter Surveillance Radar Systems
6.3.2 Application-Specific Radar Systems
6.3.3 Satellite Communication Systems
6.4 Telecommunication Equipment
6.4.1 Mobile Backhaul Equipment
6.4.1.1 Small-Cell Equipment
6.4.1.2 Macrocell Equipment
7 Millimeter Wave Technology Market, By Frequency Band
7.1 Introduction
7.2 Band Between 24 GHz and 57 GHz
7.3 Band Between 57 GHz and 86 GHz
7.3.1 E-Band
7.3.2 V-Band
7.4 Band Between 86 GHz and 300 GHz
8 Millimeter Wave Technology Market, By License Type
8.1 Introduction
8.2 Light Licensed Frequency Millimeter Wave
8.3 Unlicensed Frequency Millimeter Wave
8.4 Fully Licensed Frequency Millimeter Wave
9 Millimeter Wave Technology Market, By Application
9.1 Introduction
9.2 Mobile and Telecom
9.2.1 5G Cellular (Inception in 2020/2021)
9.3 Consumer and Commercial
9.4 Healthcare
9.5 Industrial
9.6 Automotive and Transportation
9.6.1 Autonomous Vehicle
9.7 Military, Defense, and Aerospace
9.8 Imaging
10 Millimeter Wave Technology Market, By Component
10.1 Introduction
10.2 Antennas and Transceiver Components
10.3 Frequency Sources and Related Components
10.4 Communication and Networking Components
10.5 Imaging Components
10.6 RF and Radio Components
10.7 Sensors and Controls
10.8 Interface Components
10.9 Power and Battery Components
11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 South Korea
11.4.4 India
11.4.5 Rest of Asia Pacific
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East & Africa
12 Competitive Landscape
12.1 Introduction
12.2 Competitive Scenario
12.2.1 Product Launches and Developments
12.2.2 Partnerships, Contracts, Acquisitions, and Agreements
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Dynamic Differentiators
12.3.3 Innovators
12.3.4 Emerging Companies
12.4 Global Millimeter Wave Technology Market Competitive Leadership Mapping, 2017
12.5 Business Strategy Excellence (For All 25 Players)
12.6 Strength of Product Portfolio (For All 25 Players)
13 Company Profiles
13.1 Introduction
13.2 Millivision Technologies
13.3 Millimeter Wave Products Inc.
13.4 NEC Corporation
13.5 Sage Millimeter, Inc.
13.6 Siklu Communication Ltd
13.7 Aviat Networks, Inc.
13.8 Farran Technology
13.9 Vubiq Networks, Inc
13.10 Keysight Technologies
13.11 Bridgewave Communications, Inc.
The Global Millimeter Wave Technology Market has been segmented as below:
By Product Analysis:
By Frequency Band Analysis:
By License Type Analysis:
By Application Analysis:
By Regional Analysis:
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