This Millimeter Wave Technology market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Millimeter Wave Technology report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global millimeter wave technology market which was USD 3,343.97 million in 2022, is expected to reach USD 48,233.16 million by 2030, and is expected to undergo a CAGR of 39.6% during the forecast period of 2023 to 2030.
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Market Overview:
Millimeter-wave technology is also referred to as Eband, MMW, millimeter-wave, or Vband. Millimeter waves are also defined as extremely high frequencies (EHF), are a radio frequency band that is suitable for 5G networks. Major factors that are expected to boost the growth of the millimeter wave technology market in the forecast period of 2023 to 2030 are the rise in broadband and mobile speeds, increase in the utilization of millimeter waves in the small-cell backhaul networks in security and radar applications. On the other hand, the decrease in the penetration power and adverse influence on the environment is further projected to impede the growth of the millimeter wave technology market in the timeline period. The rise in the utilization of 5G will further provide potential opportunities for the growth of the global millimeter wave technology market. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Some of the major players operating in the Millimeter Wave Technology market are Keysight Technologies, Inc. (U.S.), Anritsu Corporation (Japan), Rohde Schwarz GmbH Co KG (Germany), NEC Corporation (Japan), L3Harris Technologies, Inc. (U.S.), Smiths Interconnect (U.K.), Siklu Communication Ltd. (Israel), E-Band Communications, LLC (U.S.), Farran Technology Ltd. (Ireland), SAGE Millimeter, Inc. (U.S.), Millivision Technologies (U.S.), Vubiq Networks, Inc. (U.S.), RadioSight Technologies LLC (U.S.), Millimeter Wave Products Inc. (U.S.), BridgeWave Communications (U.S.), Sivers Semiconductors AB (Sweden), Vubiq Networks, Inc. (U.S.), QuinStar Technology, Inc. (U.S.), Mician GmbH (Germany), LightPointe Communications, Inc. (U.S.)
Global Millimeter Wave Technology Market Scope
The global millimeter wave technology market is segmented on the basis of product, frequency band, license type, application, and component. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Scanner Systems
Radar
Satellite Communications Systems
Frequency Band
Band between 24 GHz and 57 GHz
Band between 57 GHz and 86 GHz
Band between 86 GHz and 300 GHz
License Type
Light Licensed Frequency Millimeter Wave
Unlicensed Frequency Millimeter Wave
Fully Licensed Frequency Millimeter Wave
Application
Mobile and Telecom
Consumer and Commercial
Healthcare
Industrial
Automotive and Transportation Military
Defense
Aerospace
Imaging
Component
Antennas and Transceiver Components
Frequency Sources and Related Components
Communication and Networking Components
Imaging Components
RF and Radio Components
Sensors and Controls
Interface Components
Power and Battery Components
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Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Millimeter Wave Technology Market Landscape
Part 04: Global Millimeter Wave Technology Market Sizing
Part 05: Global Millimeter Wave Technology Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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