Millimeter Wave Technology Market by Product (Scanning System, Telecommunication Equipment, Radar and Satellite Communication System, Others), License Type, Component, Frequency Band, End Use and Region - Global Forecast to 2029
The millimeter wave technology market is projected to grow from USD 3.0 billion in 2024 to USD 7.6 billion by 2029, registering a CAGR of 20.1% during the forecast period. Some of the major factors driving the growth of the millimeter wave technology market include increase in broadband and mobile speeds, proliferation of wireless backhaul and growing adoption of 5G network, and high demand for millimeter wave technology in security and radar applications. However, challenges associated with physical properties of millimeter waves act as a challenge for the market in the future. The major growth opportunities for the market players are the emergence of autonomous vehicles and surging use of 5G and millimeter wave technologies.
'Market for fully licensed expected to have highest share during the forecast period.'
Over the course of the forecast period, the millimeter wave technology market segment with the largest share is anticipated to be fully licensed. The frequency ranges between 8 GHz and 23 GHz, 23 GHz and 38 GHz, and 38 GHz and 43 GHz make up the fully licensed millimeter wave section. Comparing this frequency band to unlicensed and lightly licensed frequency bands, the market sector it occupies is smaller. The frequency bands utilized in point-to-point wireless communications are fully licensed. One of the anticipated developments in the telecom industry is the frequency spectrum based on 5G technology, which is a portion of the fully licensed millimeter wave spectrum.
'Telecommunication equipment segment expected to register the highest CAGR during the forecast period.'
During the forecast period, the communications equipment segment of the millimeter wave technology market is anticipated to have the greatest compound annual growth rate. By product, the millimeter wave technology market is anticipated to be dominated by the telecommunication equipment segment. The increased utilization of millimeter wave components for 5G backhaul is the reason for this segment's supremacy. Additionally, a lot of small-cell and macrocell telecommunications equipment, both indoors and outdoors, uses millimeter wave components. Because they are widely used for people screening in airports, shopping centers, and other public areas, scanner systems are anticipated to hold a sizeable portion of the market. The market for satellite and radar communication systems is expected to expand rapidly as a result of its use in defense and military applications.
'Europe is expected to have second highest CAGR among other regions in forecast period.'
Europe is expected to have second second-highest CAGR for millimeter wave technology in 2023. When it comes to 5G experiments and projects, Europe has led the way. These are currently being adopted globally. 5G services, such as improved mobile broadband, large machine-type communications, and ultra-reliable and low-latency communications, are being offered by a variety of sectors around Europe. Such commercial 5G launches necessitate significant expenditures for new spectrum, new capabilities, and infrastructure, as well as tight cooperation between telecom operators, network enablers, and government agencies. The European Commission also banned using X-ray backscatter machines at airports due to health and safety concerns. All these factors fuel the demand for millimeter wave scanners based on millimeter wave technology in Europe.
In determining and verifying the market size for several segments and subsegments gathered through extensive secondary research, primary interviews have been conducted with key industry experts in the millimeter wave technology market.
The break-up of primary participants for the report has been shown below:
Research Coverage
This research report categorizes the millimeter wave technology market based on technology, end-user industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the millimeter wave technology market and forecasts the same till 2029. The report also consists of leadership mapping and analysis of companies in the millimeter wave technology ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall millimeter wave technology market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
'Market for fully licensed expected to have highest share during the forecast period.'
Over the course of the forecast period, the millimeter wave technology market segment with the largest share is anticipated to be fully licensed. The frequency ranges between 8 GHz and 23 GHz, 23 GHz and 38 GHz, and 38 GHz and 43 GHz make up the fully licensed millimeter wave section. Comparing this frequency band to unlicensed and lightly licensed frequency bands, the market sector it occupies is smaller. The frequency bands utilized in point-to-point wireless communications are fully licensed. One of the anticipated developments in the telecom industry is the frequency spectrum based on 5G technology, which is a portion of the fully licensed millimeter wave spectrum.
'Telecommunication equipment segment expected to register the highest CAGR during the forecast period.'
During the forecast period, the communications equipment segment of the millimeter wave technology market is anticipated to have the greatest compound annual growth rate. By product, the millimeter wave technology market is anticipated to be dominated by the telecommunication equipment segment. The increased utilization of millimeter wave components for 5G backhaul is the reason for this segment's supremacy. Additionally, a lot of small-cell and macrocell telecommunications equipment, both indoors and outdoors, uses millimeter wave components. Because they are widely used for people screening in airports, shopping centers, and other public areas, scanner systems are anticipated to hold a sizeable portion of the market. The market for satellite and radar communication systems is expected to expand rapidly as a result of its use in defense and military applications.
'Europe is expected to have second highest CAGR among other regions in forecast period.'
Europe is expected to have second second-highest CAGR for millimeter wave technology in 2023. When it comes to 5G experiments and projects, Europe has led the way. These are currently being adopted globally. 5G services, such as improved mobile broadband, large machine-type communications, and ultra-reliable and low-latency communications, are being offered by a variety of sectors around Europe. Such commercial 5G launches necessitate significant expenditures for new spectrum, new capabilities, and infrastructure, as well as tight cooperation between telecom operators, network enablers, and government agencies. The European Commission also banned using X-ray backscatter machines at airports due to health and safety concerns. All these factors fuel the demand for millimeter wave scanners based on millimeter wave technology in Europe.
In determining and verifying the market size for several segments and subsegments gathered through extensive secondary research, primary interviews have been conducted with key industry experts in the millimeter wave technology market.
The break-up of primary participants for the report has been shown below:
- By company type: Tier 1 - 38%, Tier 2 - 28%, and Tier 3 - 34%
- By designation: C-Level Executives - 40%, Managers - 30%, and Others - 30%
- By region: North America - 35%, Europe - 20%, Asia Pacific - 35%, and RoW - 10%
Research Coverage
This research report categorizes the millimeter wave technology market based on technology, end-user industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the millimeter wave technology market and forecasts the same till 2029. The report also consists of leadership mapping and analysis of companies in the millimeter wave technology ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall millimeter wave technology market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (increase in broadband and mobile speeds, proliferation of Wireless Backhaul and growing adoption of 5G network, high demand for millimeter wave technology in security and radar applications, and growing need for faster data transmission), restraints (low penetration power and adverse impact on environment), opportunities (surging use of 5G and millimeter wave technologies, emergence of new applications in aerospace & defense industry, emergence of autonomous vehicles, and rising use of V-band millimeter waves for last-mile connectivity), and challenges (challenges associated with physical properties of millimeter waves) influencing the growth of the millimeter wave technology market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the millimeter wave technologymarket
- Market Development: Comprehensive information about lucrative markets – the report analyses the millimeter wave technology market across varied regions
- Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the millimeter wave technology market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/service offerings of leading players like Axxcss Wireless Solutions (US), NEC Corporation (Japan), Ceragon (Israel), L3Harris Technologies, Inc. (US), Aviat Networks (US), Smiths Group plc (UK), Eravant (US), Farran (Ireland), Keysight Technologies (US), Ducommun Incorporated (US), and Millimeter Wave Product, Inc, (US), among others in the millimeter wave technology market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MILLIMETER WAVE TECHNOLOGY: MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 UNITS CONSIDERED
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MILLIMETER WAVE TECHNOLOGY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Breakdown of primary interviews
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing market size from bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.4.1 IMPACT OF RECESSION
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 6 57–95 GHZ FREQUENCY BAND TO ACCOUNT FOR HIGHEST SHARE IN 2024
FIGURE 7 TELECOMMUNICATION EQUIPMENT PRODUCT SEGMENT TO LEAD MILLIMETER WAVE TECHNOLOGY MARKET DURING FORECAST PERIOD
FIGURE 8 FULLY LICENSED FREQUENCY BANDS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MILLIMETER WAVE TECHNOLOGY MARKET
FIGURE 9 FREQUENCY SOURCES & RELATED COMPONENTS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 10 MOBILE & TELECOMMUNICATION END USE TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 11 NORTH AMERICA RECORDED HIGHEST MARKET SHARE IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MILLIMETER WAVE TECHNOLOGY MARKET
FIGURE 12 INCREASING USE OF MILLIMETER WAVE TECHNOLOGY IN VARIOUS INDUSTRIES AND SECTORS TO DRIVE MARKET
4.2 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
FIGURE 13 TELECOMMUNICATION EQUIPMENT PRODUCT TO ACCOUNT FOR HIGHEST SHARE DURING FORECAST PERIOD
4.3 MILLIMETER WAVE TECHNOLOGY MARKET IN NORTH AMERICA, BY END USE AND COUNTRY
FIGURE 14 US HELD LARGEST SHARE IN NORTH AMERICA MARKET IN 2023
4.4 MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY
FIGURE 15 CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 MILLIMETER WAVE TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 17 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increase in internet speeds boosting consumption of high-bandwidth content
5.2.1.2 Proliferation of wireless backhaul and growing adoption of 5G network
FIGURE 18 GLOBAL MOBILE DATA TRAFFIC (EXABYTE PER MONTH)
5.2.1.3 High demand in security and radar applications
TABLE 1 MILLIMETER-WAVE FREQUENCIES AND APPLICATIONS
5.2.1.4 Growing need for faster data transmission
TABLE 2 DEVELOPMENTS IN 60 GHZ FWA SOLUTIONS
5.2.2 RESTRAINTS
FIGURE 19 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Low penetration power and adverse impact on environment
5.2.3 OPPORTUNITIES
FIGURE 20 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Surging use of 5G and millimeter wave technologies
FIGURE 21 GLOBAL NUMBER OF 5G SUBSCRIBERS, 2020–2029 (BILLION)
5.2.3.2 Emergence of new applications in aerospace & defense industry
5.2.3.3 Emergence of autonomous vehicles
5.2.3.4 Rising use of V-band millimeter waves for last-mile connectivity
5.2.4 CHALLENGES
FIGURE 22 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Challenges associated with physical properties of millimeter waves
TABLE 3 CHALLENGES ASSOCIATED WITH PHYSICAL PARAMETERS OF MILLIMETER WAVES
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 MILLIMETER WAVE TECHNOLOGY MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 24 KEY PARTICIPANTS IN MILLIMETER WAVE TECHNOLOGY MARKET: ECOSYSTEM
TABLE 4 MILLIMETER WAVE TECHNOLOGY MARKET: ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 25 MILLIMETER WAVE TECHNOLOGY MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE, BY PRODUCT TYPE
TABLE 5 AVERAGE SELLING PRICE OF VARIOUS PRODUCT TYPES
FIGURE 26 AVERAGE SELLING PRICE TRENDS FOR MILLIMETER WAVE TECHNOLOGY, BY PRODUCT, 2020–2023
FIGURE 27 AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS, BY PRODUCT
TABLE 6 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY THREE KEY PLAYERS (USD)
TABLE 7 KEY PROVIDERS OF MILLIMETER-WAVE TELECOMMUNICATION PRODUCTS
TABLE 8 KEY PROVIDERS OF MILLIMETER WAVE SCANNING PRODUCTS
TABLE 9 KEY PROVIDERS OF MILLIMETER WAVE RADAR & SATELLITE PRODUCTS
5.6.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 28 AVERAGE SELLING PRICE TREND OF SCANNER SYSTEMS, BY REGION
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 29 FUNDS AUTHORIZED BY VARIOUS MILLIMETRE WAVE TECHNOLOGY KEY PLAYERS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Artificial intelligence and machine learning for beamforming
5.8.1.2 Monolithic microwave integrated circuits
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Gallium nitride (GaN) transistors
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Terahertz waves
TABLE 10 MILLIMETER WAVE TECHNOLOGY VS. TERAHERTZ WAVE TECHNOLOGY
5.9 CASE STUDY ANALYSIS
5.9.1 TELECOMMUNICATION
5.9.1.1 Skycom1 relies on HaulPass V60s V-Band Wireless links
5.9.2 IMAGING
5.9.2.1 First-to-market radio-wave breast imaging system achieved with network analyzer
5.9.3 AUTOMOTIVE & TRANSPORTATION
5.9.3.1 Proxim Solutions enabled seamless surveillance along Tenerife Tram Line in Spain
5.9.4 INDUSTRIAL
5.9.4.1 Kingston Technology deployed HaulPass V60s wireless broadband for disaster recovery and campus network expansion
5.9.5 CONSUMER & COMMERCIAL
5.9.5.1 City of Mission Viejo deployed cost-effective broadband wireless gigabit ethernet link at Potocki Conference Center
5.10 PATENT ANALYSIS
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 11 TOP 20 PATENT OWNERS IN LAST 10 YEARS
5.10.1 LIST OF MAJOR PATENTS
TABLE 12 MILLIMETER WAVE TECHNOLOGY MARKET: LIST OF MAJOR PATENTS
5.11 TRADE ANALYSIS
FIGURE 31 IMPORT DATA FOR HS CODE 851761, BY COUNTRY, 2019–2023 (USD THOUSAND)
FIGURE 32 EXPORT DATA FOR HS CODE 851761, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 MILLIMETER WAVE TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 13 MILLIMETER WAVE TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 INTENSITY OF COMPETITIVE RIVALRY
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 BARGAINING POWER OF SUPPLIERS
5.12.5 THREAT OF NEW ENTRANTS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES (%)
5.13.2 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR END USERS
TABLE 15 KEY BUYING CRITERIA FOR END USE
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 16 MILLIMETER WAVE TECHNOLOGY MARKET: KEY CONFERENCES AND EVENTS
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY STANDARDS
5.15.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6 SOFTWARE AND SERVICES ASSOCIATED WITH MILLIMETER WAVE TECHNOLOGY
6.1 SOFTWARE
6.2 SERVICES
6.3 DESIGNING AND CONSULTING
6.3.1 INTEGRATION & DEPLOYMENT
6.3.2 SUPPORT & MAINTENANCE
7 MILLIMETER WAVE TECHNOLOGY IN MOBILE AND WIRELESS BACKHAUL
7.1 MOBILE AND WIRELESS BACKHAUL
8 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT
8.1 INTRODUCTION
8.2 MARKET SIZE ESTIMATION FOR COMPONENT SEGMENTS
FIGURE 36 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT
FIGURE 37 COMMUNICATION & NETWORKING COMPONENTS SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 21 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT, 2020–2023 (USD MILLION)
TABLE 22 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
8.3 ANTENNA & TRANSCEIVER COMPONENTS
8.3.1 ADVANCEMENTS IN PRECISION MANUFACTURING AND MINIATURIZATION TO DRIVE MARKET
TABLE 23 MAJOR PROVIDERS OF MILLIMETER WAVE ANTENNAS
8.4 FREQUENCY SOURCES & RELATED COMPONENTS
8.4.1 INCREASING ADOPTION BY COMMUNICATION PROVIDERS TO DRIVE MARKET
8.5 COMMUNICATION & NETWORKING COMPONENTS
8.5.1 COMMUNICATION & NETWORKING COMPONENTS TO PLAY VITAL ROLE IN TELECOMMUNICATION DURING FORECAST PERIOD
8.6 IMAGING COMPONENTS
8.6.1 INCREASING APPLICATIONS IN AUTOMOTIVE, MEDICAL, AND INDUSTRIAL INSPECTION TO DRIVE MARKET
8.7 RF & RADIO COMPONENTS
8.7.1 PRESENCE OF KEY COMPANIES OFFERING RF & RADIO COMPONENTS TO DRIVE MARKET
8.8 SENSORS & CONTROLS
8.8.1 GROWING ADOPTION IN VARIOUS APPLICATIONS TO DRIVE MARKET
8.9 INTERFACE COMPONENTS
8.9.1 INCREASING DEVELOPMENTS BY MAJOR PLAYERS TO DRIVE MARKET
8.10 POWER & BATTERY COMPONENTS
8.10.1 MILLIMETER WAVE TECHNOLOGY TO PLAY IMPORTANT ROLE IN IMPLEMENTING WIRELESS POWER TRANSFER TECHNOLOGY
8.11 OTHER COMPONENTS
9 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND
9.1 INTRODUCTION
FIGURE 38 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND
FIGURE 39 57–95 GHZ FREQUENCY BAND TO REGISTER HIGHEST CAGR IN MILLIMETER WAVE TECHNOLOGY MARKET DURING FORECAST PERIOD
TABLE 24 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND, 2020–2023 (USD MILLION)
TABLE 25 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND, 2024–2029 (USD MILLION)
9.2 24–57 GHZ
9.2.1 INCREASING USE OF MILLIMETER WAVES WITH FREQUENCY BANDS BETWEEN 24 AND 57 GHZ IN TELECOMMUNICATIONS INDUSTRY TO DRIVE MARKET
9.3 57–95 GHZ
9.3.1 INCREASING APPLICATIONS OF MILLIMETER WAVES WITH FREQUENCY BANDS BETWEEN 57 AND 95 GHZ IN AUTOMOTIVE, HEALTHCARE, AND TELECOMMUNICATIONS INDUSTRIES TO DRIVE MARKET
TABLE 26 CHARACTERISTICS OF V-BAND AND E-BAND
9.3.2 V-BAND
9.3.3 E-BAND
9.4 95–300 GHZ
9.4.1 RISING USE OF TELECOMMUNICATION IN AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET
10 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
10.1 INTRODUCTION
FIGURE 40 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
FIGURE 41 TELECOMMUNICATION EQUIPMENT PRODUCT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 27 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 28 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 29 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (THOUSAND UNITS)
TABLE 30 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (THOUSAND UNITS)
10.2 SCANNER SYSTEMS
TABLE 31 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 33 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 34 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.2.1 ACTIVE SCANNERS
10.2.1.1 Growing deployment for various applications, such as government screening systems to drive market
10.2.2 PASSIVE SCANNERS
10.2.2.1 Rising trend of vulnerability scanning to drive market
10.3 RADAR & SATELLITE COMMUNICATION SYSTEMS
TABLE 35 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 37 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 38 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.3.1 PERIMETER SURVEILLANCE RADAR SYSTEMS (PSRS)
10.3.1.1 Rising demand for critical and highly secure areas to drive market
10.3.2 APPLICATION-SPECIFIC RADAR SYSTEMS
10.3.2.1 Increasing use in automobile collision warning systems, wide area traffic monitoring and control systems to drive market
10.3.3 SATELLITE COMMUNICATION SYSTEMS
10.3.3.1 Increasing use of V- and E-bands to drive market
10.4 TELECOMMUNICATION EQUIPMENT
10.4.1 MOBILE BACKHAUL EQUIPMENT
10.4.1.1 Growing adoption by government agencies and academic institutions to drive market
10.4.2 SMALL-CELL EQUIPMENT
10.4.2.1 Increasing uses of unlicensed 60 GHz frequency band to drive market
10.4.3 MACROCELL EQUIPMENT
10.4.3.1 Use in wide outdoor coverage (3 to 5 km) to drive segment (1.8–3 miles)
TABLE 39 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 40 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 41 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 42 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.5 OTHER PRODUCTS
TABLE 43 OTHER PRODUCTS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 OTHER PRODUCTS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
11 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE
11.1 INTRODUCTION
FIGURE 42 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE
FIGURE 43 UNLICENSED SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 45 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE, 2020–2023 (USD MILLION)
TABLE 46 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE, 2024–2029 (USD MILLION)
11.2 LIGHT LICENSED
11.2.1 POINT-TO-POINT WIRELESS COMMUNICATION TO DRIVE MARKET
11.3 UNLICENSED
11.3.1 IMMUNITY TO WIND AND SUNLIGHT TO DRIVE MARKET
11.4 FULLY LICENSED
11.4.1 WIDE ADOPTION IN TELECOMMUNICATIONS INDUSTRY TO DRIVE MARKET
12 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE
12.1 INTRODUCTION
FIGURE 44 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE INDUSTRY
FIGURE 45 MOBILE & TELECOMMUNICATION END USE TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 47 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 48 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
12.2 MOBILE & TELECOMMUNICATION
12.2.1 ADVANCEMENTS IN 5G TECHNOLOGY TO DRIVE MARKET
TABLE 49 MOBILE & TELECOMMUNICATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 MOBILE & TELECOMMUNICATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
12.3 CONSUMER & COMMERCIAL
12.3.1 INCREASING DEMAND IN WIRELESS SENSORS AND WIRELESS SECURITY APPLICATIONS TO DRIVE MARKET
TABLE 51 CONSUMER & COMMERCIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 52 CONSUMER & COMMERCIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.4 HEALTHCARE
12.4.1 RISING USE IN MEDICAL SCANNING AND IMAGING APPLICATIONS TO DRIVE MARKET
TABLE 53 HEALTHCARE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 54 HEALTHCARE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.5 INDUSTRIAL
12.5.1 GROWING ADOPTION OF MILLIMETER WAVE TECHNOLOGY FOR LEVEL MEASUREMENTS TO DRIVE MARKET
TABLE 55 INDUSTRIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 56 INDUSTRIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.6 AUTOMOTIVE & TRANSPORTATION
12.6.1 INCREASING INCORPORATION OF MILLIMETER WAVE RADARS INTO AUTONOMOUS VEHICLES TO DRIVE MARKET
TABLE 57 AUTOMOTIVE & TRANSPORTATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 AUTOMOTIVE & TRANSPORTATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.7 AEROSPACE & DEFENSE
12.7.1 RISING USE OF MILLIMETER WAVE TECHNOLOGY IN AIRCRAFT AND SATELLITES TO DRIVE MARKET
TABLE 59 AEROSPACE & DEFENSE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 60 AEROSPACE & DEFENSE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.8 SECURITY & SURVEILLANCE
12.8.1 RISING ADOPTION OF MILLIMETER WAVE-BASED IMAGING PRODUCTS AT AIRPORTS AND CONCERTS TO DRIVE MARKET
TABLE 61 SECURITY & SURVEILLANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 SECURITY & SURVEILLANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
13 REGIONAL ANALYSIS
13.1 INTRODUCTION
FIGURE 46 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION/COUNTRY
FIGURE 47 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 63 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
13.2 NORTH AMERICA
FIGURE 48 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 65 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 66 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 67 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 68 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 69 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 70 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.1 US
13.2.1.1 Large presence of key companies offering millimeter wave technology to drive market
TABLE 71 US: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 72 US: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.2 CANADA
13.2.2.1 Rise in number of 5G rollouts to drive market
TABLE 73 CANADA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 74 CANADA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.3 MEXICO
13.2.3.1 Expanding telecommunications industry with rising adoption of 5G technology to drive market
TABLE 75 MEXICO: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 76 MEXICO: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.4 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN NORTH AMERICA
13.3 EUROPE
FIGURE 49 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 77 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 78 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 79 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 80 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 82 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.1 UK
13.3.1.1 Increased government-led investments in telecommunications industry to drive market
TABLE 83 UK: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 84 UK: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.2 GERMANY
13.3.2.1 Increased deployment of millimeter wave technology in various industries to drive market
TABLE 85 GERMANY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 86 GERMANY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.3 FRANCE
13.3.3.1 Technological shift from 4G to 5G to drive market
TABLE 87 FRANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 88 FRANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.4 ITALY
13.3.4.1 Increasing adoption in automotive sector to drive market
TABLE 89 ITALY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 90 ITALY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.5 REST OF EUROPE
TABLE 91 REST OF EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 92 REST OF EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.6 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN EUROPE
13.4 ASIA PACIFIC
FIGURE 50 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 93 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 94 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 95 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 96 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 97 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 98 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.1 CHINA
13.4.1.1 Large customer base of telecommunication services to drive market
TABLE 99 CHINA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 100 CHINA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.2 JAPAN
13.4.2.1 Expanding mobile & telecommunications and automotive industries to drive market
TABLE 101 JAPAN: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 102 JAPAN: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.3 SOUTH KOREA
13.4.3.1 Presence of strong telecommunication infrastructure and easy availability of 5G mobile phones to drive market
TABLE 103 SOUTH KOREA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 104 SOUTH KOREA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.4 INDIA
13.4.4.1 Increasing investments in 5G infrastructure and rise in number of 5G mobile phone manufacturers to drive market
TABLE 105 INDIA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 106 INDIA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.5 REST OF ASIA PACIFIC
TABLE 107 REST OF ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 108 REST OF ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.6 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN ASIA PACIFIC
13.5 ROW
TABLE 109 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 112 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 113 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 114 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.1 SOUTH AMERICA
13.5.1.1 Rising 5G deployments and partnerships of local players with global players to drive market
TABLE 115 SOUTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 116 SOUTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.2 GCC COUNTRIES
13.5.2.1 Increasing implementation for smart grids and smart city projects to drive market
TABLE 117 GCC COUNTRIES: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 118 GCC COUNTRIES: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.3 REST OF MIDDLE EAST & AFRICA
TABLE 119 REST OF MIDDLE EAST & AFRICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 120 REST OF MIDDLE EAST & AFRICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
TABLE 121 MILLIMETER WAVE TECHNOLOGY MARKET: OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS
14.2 REVENUE ANALYSIS
FIGURE 51 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023
14.3 MARKET SHARE ANALYSIS, 2023
FIGURE 52 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2023
TABLE 122 MILLIMETER WAVE TECHNOLOGY MARKET SHARE ANALYSIS, 2023
14.3.1 MILLIMETER WAVE TECHNOLOGY MARKET: RANKING ANALYSIS, 2023
FIGURE 53 RANKING OF TOP FIVE PLAYERS IN MILLIMETER WAVE TECHNOLOGY MARKET, 2023
14.4 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 54 COMPANY VALUATION (USD BILLION), 2023
FIGURE 55 FINANCIAL METRICS (ENTERPRISE VALUE/EBITDA), 2023
14.5 BRAND/PRODUCT COMPARISON
FIGURE 56 MILLIMETER WAVE TECHNOLOGY MARKET: BRAND/PRODUCT COMPARISON
14.6 COMPANY EVALUATION MATRIX, 2023
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 57 MILLIMETER WAVE TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX, 2023
14.6.5 COMPANY FOOTPRINT, KEY PLAYERS, 2023
14.6.5.1 Company footprint
FIGURE 58 MILLIMETER WAVE TECHNOLOGY MARKET: COMPANY FOOTPRINT
14.6.5.2 Product footprint
TABLE 123 MILLIMETER WAVE TECHNOLOGY MARKET: PRODUCT FOOTPRINT
14.6.5.3 Component footprint
TABLE 124 MILLIMETER WAVE TECHNOLOGY MARKET: COMPONENT FOOTPRINT
14.6.5.4 End use footprint
TABLE 125 MILLIMETER WAVE TECHNOLOGY MARKET: END USE FOOTPRINT
14.6.5.5 Region footprint
TABLE 126 MILLIMETER WAVE TECHNOLOGY MARKET: REGION FOOTPRINT
14.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES EVALUATION (SMES) EVALUATION MATRIX, 2023
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
FIGURE 59 MILLIMETER WAVE TECHNOLOGY MARKET: STARTUPS/SMES EVALUATION MATRIX, 2023
14.7.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES, 2023
TABLE 127 MILLIMETER WAVE TECHNOLOGY MARKET: LIST OF KEY STARTUPS/SMES
TABLE 128 MILLIMETER WAVE TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
14.8 COMPETITIVE SCENARIO
14.8.1 PRODUCT LAUNCHES
TABLE 129 MILLIMETER WAVE TECHNOLOGY MARKET: PRODUCT LAUNCHES, JANUARY 2020–FEBRUARY 2024
14.8.2 DEALS
TABLE 130 MILLIMETER WAVE TECHNOLOGY MARKET: DEALS, JANUARY 2020–FEBRUARY 2024
14.8.3 OTHER DEVELOPMENTS
TABLE 131 MILLIMETER WAVE TECHNOLOGY MARKET: OTHER DEVELOPMENTS, JANUARY 2020–FEBRUARY 2024
15 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 AXXCSS WIRELESS SOLUTIONS
TABLE 132 AXXCSS WIRELESS SOLUTIONS: COMPANY OVERVIEW
TABLE 133 AXXCSS WIRELESS SOLUTIONS: PRODUCTS OFFERED
TABLE 134 AXXCSS WIRELESS SOLUTIONS: PRODUCTS LAUNCHES
TABLE 135 AXXCSS WIRELESS SOLUTIONS: DEALS
15.1.2 NEC CORPORATION
15.1.2.1 Business overview
TABLE 136 NEC CORPORATION: COMPANY OVERVIEW
FIGURE 60 NEC CORPORATION: COMPANY SNAPSHOT
TABLE 137 NEC CORPORATION: PRODUCTS OFFERED
TABLE 138 NEC CORPORATION: PRODUCTS LAUNCHES
TABLE 139 NEC CORPORATION: DEALS
15.1.3 CERAGON
TABLE 140 CERAGON: COMPANY OVERVIEW
FIGURE 61 CERAGON: COMPANY SNAPSHOT
TABLE 141 CERAGON: PRODUCTS/SOLUTIONS OFFERED
TABLE 142 CERAGON: PRODUCT LAUNCHES
TABLE 143 CERAGON: DEALS
15.1.4 L3HARRIS TECHNOLOGIES, INC.
TABLE 144 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 62 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 145 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS OFFERED
TABLE 146 L3HARRIS TECHNOLOGIES, INC.: DEALS
15.1.5 AVIAT NETWORKS
TABLE 147 AVIAT NETWORKS: COMPANY OVERVIEW
FIGURE 63 AVIAT NETWORKS: COMPANY SNAPSHOT
TABLE 148 AVIAT NETWORKS: PRODUCTS OFFERED
TABLE 149 AVIAT NETWORKS: DEALS
15.1.6 SMITHS GROUP PLC
TABLE 150 SMITHS GROUP PLC: COMPANY OVERVIEW
FIGURE 64 SMITHS GROUP PLC: COMPANY SNAPSHOT
TABLE 151 SMITHS GROUP PLC: PRODUCTS OFFERED
TABLE 152 SMITHS GROUP PLC: PRODUCT LAUNCHES
TABLE 153 SMITHS GROUP PLC: OTHER DEVELOPMENTS
15.1.7 ERAVANT
TABLE 154 ERAVANT: COMPANY OVERVIEW
TABLE 155 ERAVANT: PRODUCTS OFFERED
TABLE 156 ERAVANT: PRODUCT LAUNCHES
TABLE 157 ERAVANT: DEALS
15.1.8 FARRAN
TABLE 158 FARRAN: COMPANY OVERVIEW
TABLE 159 FARRAN: PRODUCTS OFFERED
15.1.9 KEYSIGHT TECHNOLOGIES
TABLE 160 KEYSIGHT TECHNOLOGIES: COMPANY OVERVIEW
FIGURE 65 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 161 KEYSIGHT TECHNOLOGIES: PRODUCTS OFFERED
TABLE 162 KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES
TABLE 163 KEYSIGHT TECHNOLOGIES: DEALS
15.1.10 DUCOMMUN INCORPORATED
TABLE 164 DUCOMMUN INCORPORATED: COMPANY OVERVIEW
FIGURE 66 DUCOMMUN INCORPORATED: COMPANY SNAPSHOT
TABLE 165 DUCOMMUN INCORPORATED: PRODUCTS OFFERED
15.1.11 MILLIMETER WAVE PRODUCTS INC.
TABLE 166 MILLIMETER WAVE PRODUCTS: COMPANY OVERVIEW
TABLE 167 MILLIMETER WAVE PRODUCTS: PRODUCTS OFFERED
15.2 OTHER PLAYERS
15.2.1 VUBIQ NETWORKS, INC.
TABLE 168 VUBIQ NETWORKS, INC: COMPANY OVERVIEW
15.2.2 ELVA-1
TABLE 169 ELVA-1: COMPANY OVERVIEW
15.2.3 VERANA NETWORKS
TABLE 170 VERANA NETWORKS: COMPANY OVERVIEW
15.2.4 CABLEFREE
TABLE 171 CABLEFREE: COMPANY OVERVIEW
15.2.5 FASTBACK NETWORKS
TABLE 172 FASTBACK NETWORKS: COMPANY OVERVIEW
15.2.6 QUINSTAR TECHNOLOGY, INC.
TABLE 173 QUINSTAR TECHNOLOGY, INC.: COMPANY OVERVIEW
15.2.7 TREX ENTERPRISES CORPORATION
TABLE 174 TREX ENTERPRISES CORPORATION.: COMPANY OVERVIEW
15.2.8 NUCTECH
TABLE 175 NUCTECH: COMPANY OVERVIEW
15.2.9 KYOCERA CORPORATION
TABLE 176 KYOCERA CORPORATION: COMPANY OVERVIEW
15.2.10 RADWIN
TABLE 177 RADWIN: COMPANY OVERVIEW
15.2.11 IGNITENET
TABLE 178 IGNITENET: COMPANY OVERVIEW
15.2.12 KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
TABLE 179 KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: COMPANY OVERVIEW
15.2.13 ANOKIWAVE, INC
TABLE 180 ANOKIWAVE, INC: COMPANY OVERVIEW
15.2.14 SPACEK LABS INC.
TABLE 181 SPACEK LABS INC.: COMPANY OVERVIEW
15.2.15 CAMBIUM NETWORKS, LTD.
TABLE 182 CAMBIUM NETWORKS, LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MILLIMETER WAVE TECHNOLOGY: MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 UNITS CONSIDERED
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MILLIMETER WAVE TECHNOLOGY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Breakdown of primary interviews
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing market size from bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.4.1 IMPACT OF RECESSION
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 6 57–95 GHZ FREQUENCY BAND TO ACCOUNT FOR HIGHEST SHARE IN 2024
FIGURE 7 TELECOMMUNICATION EQUIPMENT PRODUCT SEGMENT TO LEAD MILLIMETER WAVE TECHNOLOGY MARKET DURING FORECAST PERIOD
FIGURE 8 FULLY LICENSED FREQUENCY BANDS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MILLIMETER WAVE TECHNOLOGY MARKET
FIGURE 9 FREQUENCY SOURCES & RELATED COMPONENTS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 10 MOBILE & TELECOMMUNICATION END USE TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 11 NORTH AMERICA RECORDED HIGHEST MARKET SHARE IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MILLIMETER WAVE TECHNOLOGY MARKET
FIGURE 12 INCREASING USE OF MILLIMETER WAVE TECHNOLOGY IN VARIOUS INDUSTRIES AND SECTORS TO DRIVE MARKET
4.2 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
FIGURE 13 TELECOMMUNICATION EQUIPMENT PRODUCT TO ACCOUNT FOR HIGHEST SHARE DURING FORECAST PERIOD
4.3 MILLIMETER WAVE TECHNOLOGY MARKET IN NORTH AMERICA, BY END USE AND COUNTRY
FIGURE 14 US HELD LARGEST SHARE IN NORTH AMERICA MARKET IN 2023
4.4 MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY
FIGURE 15 CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 MILLIMETER WAVE TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 17 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increase in internet speeds boosting consumption of high-bandwidth content
5.2.1.2 Proliferation of wireless backhaul and growing adoption of 5G network
FIGURE 18 GLOBAL MOBILE DATA TRAFFIC (EXABYTE PER MONTH)
5.2.1.3 High demand in security and radar applications
TABLE 1 MILLIMETER-WAVE FREQUENCIES AND APPLICATIONS
5.2.1.4 Growing need for faster data transmission
TABLE 2 DEVELOPMENTS IN 60 GHZ FWA SOLUTIONS
5.2.2 RESTRAINTS
FIGURE 19 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Low penetration power and adverse impact on environment
5.2.3 OPPORTUNITIES
FIGURE 20 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Surging use of 5G and millimeter wave technologies
FIGURE 21 GLOBAL NUMBER OF 5G SUBSCRIBERS, 2020–2029 (BILLION)
5.2.3.2 Emergence of new applications in aerospace & defense industry
5.2.3.3 Emergence of autonomous vehicles
5.2.3.4 Rising use of V-band millimeter waves for last-mile connectivity
5.2.4 CHALLENGES
FIGURE 22 MILLIMETER WAVE TECHNOLOGY MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Challenges associated with physical properties of millimeter waves
TABLE 3 CHALLENGES ASSOCIATED WITH PHYSICAL PARAMETERS OF MILLIMETER WAVES
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 MILLIMETER WAVE TECHNOLOGY MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 24 KEY PARTICIPANTS IN MILLIMETER WAVE TECHNOLOGY MARKET: ECOSYSTEM
TABLE 4 MILLIMETER WAVE TECHNOLOGY MARKET: ECOSYSTEM ANALYSIS
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 25 MILLIMETER WAVE TECHNOLOGY MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE, BY PRODUCT TYPE
TABLE 5 AVERAGE SELLING PRICE OF VARIOUS PRODUCT TYPES
FIGURE 26 AVERAGE SELLING PRICE TRENDS FOR MILLIMETER WAVE TECHNOLOGY, BY PRODUCT, 2020–2023
FIGURE 27 AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS, BY PRODUCT
TABLE 6 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY THREE KEY PLAYERS (USD)
TABLE 7 KEY PROVIDERS OF MILLIMETER-WAVE TELECOMMUNICATION PRODUCTS
TABLE 8 KEY PROVIDERS OF MILLIMETER WAVE SCANNING PRODUCTS
TABLE 9 KEY PROVIDERS OF MILLIMETER WAVE RADAR & SATELLITE PRODUCTS
5.6.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 28 AVERAGE SELLING PRICE TREND OF SCANNER SYSTEMS, BY REGION
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 29 FUNDS AUTHORIZED BY VARIOUS MILLIMETRE WAVE TECHNOLOGY KEY PLAYERS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Artificial intelligence and machine learning for beamforming
5.8.1.2 Monolithic microwave integrated circuits
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Gallium nitride (GaN) transistors
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Terahertz waves
TABLE 10 MILLIMETER WAVE TECHNOLOGY VS. TERAHERTZ WAVE TECHNOLOGY
5.9 CASE STUDY ANALYSIS
5.9.1 TELECOMMUNICATION
5.9.1.1 Skycom1 relies on HaulPass V60s V-Band Wireless links
5.9.2 IMAGING
5.9.2.1 First-to-market radio-wave breast imaging system achieved with network analyzer
5.9.3 AUTOMOTIVE & TRANSPORTATION
5.9.3.1 Proxim Solutions enabled seamless surveillance along Tenerife Tram Line in Spain
5.9.4 INDUSTRIAL
5.9.4.1 Kingston Technology deployed HaulPass V60s wireless broadband for disaster recovery and campus network expansion
5.9.5 CONSUMER & COMMERCIAL
5.9.5.1 City of Mission Viejo deployed cost-effective broadband wireless gigabit ethernet link at Potocki Conference Center
5.10 PATENT ANALYSIS
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 11 TOP 20 PATENT OWNERS IN LAST 10 YEARS
5.10.1 LIST OF MAJOR PATENTS
TABLE 12 MILLIMETER WAVE TECHNOLOGY MARKET: LIST OF MAJOR PATENTS
5.11 TRADE ANALYSIS
FIGURE 31 IMPORT DATA FOR HS CODE 851761, BY COUNTRY, 2019–2023 (USD THOUSAND)
FIGURE 32 EXPORT DATA FOR HS CODE 851761, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 MILLIMETER WAVE TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 13 MILLIMETER WAVE TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 INTENSITY OF COMPETITIVE RIVALRY
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 BARGAINING POWER OF SUPPLIERS
5.12.5 THREAT OF NEW ENTRANTS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES (%)
5.13.2 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR END USERS
TABLE 15 KEY BUYING CRITERIA FOR END USE
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 16 MILLIMETER WAVE TECHNOLOGY MARKET: KEY CONFERENCES AND EVENTS
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY STANDARDS
5.15.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6 SOFTWARE AND SERVICES ASSOCIATED WITH MILLIMETER WAVE TECHNOLOGY
6.1 SOFTWARE
6.2 SERVICES
6.3 DESIGNING AND CONSULTING
6.3.1 INTEGRATION & DEPLOYMENT
6.3.2 SUPPORT & MAINTENANCE
7 MILLIMETER WAVE TECHNOLOGY IN MOBILE AND WIRELESS BACKHAUL
7.1 MOBILE AND WIRELESS BACKHAUL
8 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT
8.1 INTRODUCTION
8.2 MARKET SIZE ESTIMATION FOR COMPONENT SEGMENTS
FIGURE 36 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT
FIGURE 37 COMMUNICATION & NETWORKING COMPONENTS SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 21 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT, 2020–2023 (USD MILLION)
TABLE 22 MILLIMETER WAVE TECHNOLOGY MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
8.3 ANTENNA & TRANSCEIVER COMPONENTS
8.3.1 ADVANCEMENTS IN PRECISION MANUFACTURING AND MINIATURIZATION TO DRIVE MARKET
TABLE 23 MAJOR PROVIDERS OF MILLIMETER WAVE ANTENNAS
8.4 FREQUENCY SOURCES & RELATED COMPONENTS
8.4.1 INCREASING ADOPTION BY COMMUNICATION PROVIDERS TO DRIVE MARKET
8.5 COMMUNICATION & NETWORKING COMPONENTS
8.5.1 COMMUNICATION & NETWORKING COMPONENTS TO PLAY VITAL ROLE IN TELECOMMUNICATION DURING FORECAST PERIOD
8.6 IMAGING COMPONENTS
8.6.1 INCREASING APPLICATIONS IN AUTOMOTIVE, MEDICAL, AND INDUSTRIAL INSPECTION TO DRIVE MARKET
8.7 RF & RADIO COMPONENTS
8.7.1 PRESENCE OF KEY COMPANIES OFFERING RF & RADIO COMPONENTS TO DRIVE MARKET
8.8 SENSORS & CONTROLS
8.8.1 GROWING ADOPTION IN VARIOUS APPLICATIONS TO DRIVE MARKET
8.9 INTERFACE COMPONENTS
8.9.1 INCREASING DEVELOPMENTS BY MAJOR PLAYERS TO DRIVE MARKET
8.10 POWER & BATTERY COMPONENTS
8.10.1 MILLIMETER WAVE TECHNOLOGY TO PLAY IMPORTANT ROLE IN IMPLEMENTING WIRELESS POWER TRANSFER TECHNOLOGY
8.11 OTHER COMPONENTS
9 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND
9.1 INTRODUCTION
FIGURE 38 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND
FIGURE 39 57–95 GHZ FREQUENCY BAND TO REGISTER HIGHEST CAGR IN MILLIMETER WAVE TECHNOLOGY MARKET DURING FORECAST PERIOD
TABLE 24 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND, 2020–2023 (USD MILLION)
TABLE 25 MILLIMETER WAVE TECHNOLOGY MARKET, BY FREQUENCY BAND, 2024–2029 (USD MILLION)
9.2 24–57 GHZ
9.2.1 INCREASING USE OF MILLIMETER WAVES WITH FREQUENCY BANDS BETWEEN 24 AND 57 GHZ IN TELECOMMUNICATIONS INDUSTRY TO DRIVE MARKET
9.3 57–95 GHZ
9.3.1 INCREASING APPLICATIONS OF MILLIMETER WAVES WITH FREQUENCY BANDS BETWEEN 57 AND 95 GHZ IN AUTOMOTIVE, HEALTHCARE, AND TELECOMMUNICATIONS INDUSTRIES TO DRIVE MARKET
TABLE 26 CHARACTERISTICS OF V-BAND AND E-BAND
9.3.2 V-BAND
9.3.3 E-BAND
9.4 95–300 GHZ
9.4.1 RISING USE OF TELECOMMUNICATION IN AEROSPACE & DEFENSE INDUSTRY TO DRIVE MARKET
10 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
10.1 INTRODUCTION
FIGURE 40 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT
FIGURE 41 TELECOMMUNICATION EQUIPMENT PRODUCT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 27 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 28 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 29 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (THOUSAND UNITS)
TABLE 30 MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (THOUSAND UNITS)
10.2 SCANNER SYSTEMS
TABLE 31 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 33 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 34 SCANNER SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.2.1 ACTIVE SCANNERS
10.2.1.1 Growing deployment for various applications, such as government screening systems to drive market
10.2.2 PASSIVE SCANNERS
10.2.2.1 Rising trend of vulnerability scanning to drive market
10.3 RADAR & SATELLITE COMMUNICATION SYSTEMS
TABLE 35 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 37 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 38 RADAR & SATELLITE COMMUNICATION SYSTEMS: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.3.1 PERIMETER SURVEILLANCE RADAR SYSTEMS (PSRS)
10.3.1.1 Rising demand for critical and highly secure areas to drive market
10.3.2 APPLICATION-SPECIFIC RADAR SYSTEMS
10.3.2.1 Increasing use in automobile collision warning systems, wide area traffic monitoring and control systems to drive market
10.3.3 SATELLITE COMMUNICATION SYSTEMS
10.3.3.1 Increasing use of V- and E-bands to drive market
10.4 TELECOMMUNICATION EQUIPMENT
10.4.1 MOBILE BACKHAUL EQUIPMENT
10.4.1.1 Growing adoption by government agencies and academic institutions to drive market
10.4.2 SMALL-CELL EQUIPMENT
10.4.2.1 Increasing uses of unlicensed 60 GHz frequency band to drive market
10.4.3 MACROCELL EQUIPMENT
10.4.3.1 Use in wide outdoor coverage (3 to 5 km) to drive segment (1.8–3 miles)
TABLE 39 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 40 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 41 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 42 TELECOMMUNICATION EQUIPMENT: MILLIMETER WAVE TECHNOLOGY MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.5 OTHER PRODUCTS
TABLE 43 OTHER PRODUCTS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 OTHER PRODUCTS: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
11 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE
11.1 INTRODUCTION
FIGURE 42 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE
FIGURE 43 UNLICENSED SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 45 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE, 2020–2023 (USD MILLION)
TABLE 46 MILLIMETER WAVE TECHNOLOGY MARKET, BY LICENSE TYPE, 2024–2029 (USD MILLION)
11.2 LIGHT LICENSED
11.2.1 POINT-TO-POINT WIRELESS COMMUNICATION TO DRIVE MARKET
11.3 UNLICENSED
11.3.1 IMMUNITY TO WIND AND SUNLIGHT TO DRIVE MARKET
11.4 FULLY LICENSED
11.4.1 WIDE ADOPTION IN TELECOMMUNICATIONS INDUSTRY TO DRIVE MARKET
12 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE
12.1 INTRODUCTION
FIGURE 44 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE INDUSTRY
FIGURE 45 MOBILE & TELECOMMUNICATION END USE TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 47 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 48 MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
12.2 MOBILE & TELECOMMUNICATION
12.2.1 ADVANCEMENTS IN 5G TECHNOLOGY TO DRIVE MARKET
TABLE 49 MOBILE & TELECOMMUNICATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 MOBILE & TELECOMMUNICATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
12.3 CONSUMER & COMMERCIAL
12.3.1 INCREASING DEMAND IN WIRELESS SENSORS AND WIRELESS SECURITY APPLICATIONS TO DRIVE MARKET
TABLE 51 CONSUMER & COMMERCIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 52 CONSUMER & COMMERCIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.4 HEALTHCARE
12.4.1 RISING USE IN MEDICAL SCANNING AND IMAGING APPLICATIONS TO DRIVE MARKET
TABLE 53 HEALTHCARE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 54 HEALTHCARE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.5 INDUSTRIAL
12.5.1 GROWING ADOPTION OF MILLIMETER WAVE TECHNOLOGY FOR LEVEL MEASUREMENTS TO DRIVE MARKET
TABLE 55 INDUSTRIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 56 INDUSTRIAL: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.6 AUTOMOTIVE & TRANSPORTATION
12.6.1 INCREASING INCORPORATION OF MILLIMETER WAVE RADARS INTO AUTONOMOUS VEHICLES TO DRIVE MARKET
TABLE 57 AUTOMOTIVE & TRANSPORTATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 AUTOMOTIVE & TRANSPORTATION: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.7 AEROSPACE & DEFENSE
12.7.1 RISING USE OF MILLIMETER WAVE TECHNOLOGY IN AIRCRAFT AND SATELLITES TO DRIVE MARKET
TABLE 59 AEROSPACE & DEFENSE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 60 AEROSPACE & DEFENSE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
12.8 SECURITY & SURVEILLANCE
12.8.1 RISING ADOPTION OF MILLIMETER WAVE-BASED IMAGING PRODUCTS AT AIRPORTS AND CONCERTS TO DRIVE MARKET
TABLE 61 SECURITY & SURVEILLANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 SECURITY & SURVEILLANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
13 REGIONAL ANALYSIS
13.1 INTRODUCTION
FIGURE 46 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION/COUNTRY
FIGURE 47 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 63 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MILLIMETER WAVE TECHNOLOGY MARKET, BY REGION, 2024–2029 (USD MILLION)
13.2 NORTH AMERICA
FIGURE 48 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 65 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 66 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 67 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 68 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 69 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 70 NORTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.1 US
13.2.1.1 Large presence of key companies offering millimeter wave technology to drive market
TABLE 71 US: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 72 US: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.2 CANADA
13.2.2.1 Rise in number of 5G rollouts to drive market
TABLE 73 CANADA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 74 CANADA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.3 MEXICO
13.2.3.1 Expanding telecommunications industry with rising adoption of 5G technology to drive market
TABLE 75 MEXICO: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 76 MEXICO: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.4 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN NORTH AMERICA
13.3 EUROPE
FIGURE 49 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 77 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 78 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 79 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 80 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 82 EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.1 UK
13.3.1.1 Increased government-led investments in telecommunications industry to drive market
TABLE 83 UK: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 84 UK: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.2 GERMANY
13.3.2.1 Increased deployment of millimeter wave technology in various industries to drive market
TABLE 85 GERMANY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 86 GERMANY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.3 FRANCE
13.3.3.1 Technological shift from 4G to 5G to drive market
TABLE 87 FRANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 88 FRANCE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.4 ITALY
13.3.4.1 Increasing adoption in automotive sector to drive market
TABLE 89 ITALY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 90 ITALY: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.5 REST OF EUROPE
TABLE 91 REST OF EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 92 REST OF EUROPE: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.6 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN EUROPE
13.4 ASIA PACIFIC
FIGURE 50 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET SNAPSHOT
TABLE 93 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 94 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 95 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 96 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 97 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 98 ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.1 CHINA
13.4.1.1 Large customer base of telecommunication services to drive market
TABLE 99 CHINA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 100 CHINA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.2 JAPAN
13.4.2.1 Expanding mobile & telecommunications and automotive industries to drive market
TABLE 101 JAPAN: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 102 JAPAN: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.3 SOUTH KOREA
13.4.3.1 Presence of strong telecommunication infrastructure and easy availability of 5G mobile phones to drive market
TABLE 103 SOUTH KOREA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 104 SOUTH KOREA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.4 INDIA
13.4.4.1 Increasing investments in 5G infrastructure and rise in number of 5G mobile phone manufacturers to drive market
TABLE 105 INDIA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 106 INDIA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.5 REST OF ASIA PACIFIC
TABLE 107 REST OF ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 108 REST OF ASIA PACIFIC: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.6 IMPACT OF RECESSION ON MILLIMETER WAVE TECHNOLOGY MARKET IN ASIA PACIFIC
13.5 ROW
TABLE 109 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2020–2023 (USD MILLION)
TABLE 112 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY PRODUCT, 2024–2029 (USD MILLION)
TABLE 113 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 114 ROW: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.1 SOUTH AMERICA
13.5.1.1 Rising 5G deployments and partnerships of local players with global players to drive market
TABLE 115 SOUTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 116 SOUTH AMERICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.2 GCC COUNTRIES
13.5.2.1 Increasing implementation for smart grids and smart city projects to drive market
TABLE 117 GCC COUNTRIES: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 118 GCC COUNTRIES: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.3 REST OF MIDDLE EAST & AFRICA
TABLE 119 REST OF MIDDLE EAST & AFRICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 120 REST OF MIDDLE EAST & AFRICA: MILLIMETER WAVE TECHNOLOGY MARKET, BY END USE, 2024–2029 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
TABLE 121 MILLIMETER WAVE TECHNOLOGY MARKET: OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS
14.2 REVENUE ANALYSIS
FIGURE 51 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023
14.3 MARKET SHARE ANALYSIS, 2023
FIGURE 52 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2023
TABLE 122 MILLIMETER WAVE TECHNOLOGY MARKET SHARE ANALYSIS, 2023
14.3.1 MILLIMETER WAVE TECHNOLOGY MARKET: RANKING ANALYSIS, 2023
FIGURE 53 RANKING OF TOP FIVE PLAYERS IN MILLIMETER WAVE TECHNOLOGY MARKET, 2023
14.4 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 54 COMPANY VALUATION (USD BILLION), 2023
FIGURE 55 FINANCIAL METRICS (ENTERPRISE VALUE/EBITDA), 2023
14.5 BRAND/PRODUCT COMPARISON
FIGURE 56 MILLIMETER WAVE TECHNOLOGY MARKET: BRAND/PRODUCT COMPARISON
14.6 COMPANY EVALUATION MATRIX, 2023
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 57 MILLIMETER WAVE TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX, 2023
14.6.5 COMPANY FOOTPRINT, KEY PLAYERS, 2023
14.6.5.1 Company footprint
FIGURE 58 MILLIMETER WAVE TECHNOLOGY MARKET: COMPANY FOOTPRINT
14.6.5.2 Product footprint
TABLE 123 MILLIMETER WAVE TECHNOLOGY MARKET: PRODUCT FOOTPRINT
14.6.5.3 Component footprint
TABLE 124 MILLIMETER WAVE TECHNOLOGY MARKET: COMPONENT FOOTPRINT
14.6.5.4 End use footprint
TABLE 125 MILLIMETER WAVE TECHNOLOGY MARKET: END USE FOOTPRINT
14.6.5.5 Region footprint
TABLE 126 MILLIMETER WAVE TECHNOLOGY MARKET: REGION FOOTPRINT
14.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES EVALUATION (SMES) EVALUATION MATRIX, 2023
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
FIGURE 59 MILLIMETER WAVE TECHNOLOGY MARKET: STARTUPS/SMES EVALUATION MATRIX, 2023
14.7.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES, 2023
TABLE 127 MILLIMETER WAVE TECHNOLOGY MARKET: LIST OF KEY STARTUPS/SMES
TABLE 128 MILLIMETER WAVE TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
14.8 COMPETITIVE SCENARIO
14.8.1 PRODUCT LAUNCHES
TABLE 129 MILLIMETER WAVE TECHNOLOGY MARKET: PRODUCT LAUNCHES, JANUARY 2020–FEBRUARY 2024
14.8.2 DEALS
TABLE 130 MILLIMETER WAVE TECHNOLOGY MARKET: DEALS, JANUARY 2020–FEBRUARY 2024
14.8.3 OTHER DEVELOPMENTS
TABLE 131 MILLIMETER WAVE TECHNOLOGY MARKET: OTHER DEVELOPMENTS, JANUARY 2020–FEBRUARY 2024
15 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 AXXCSS WIRELESS SOLUTIONS
TABLE 132 AXXCSS WIRELESS SOLUTIONS: COMPANY OVERVIEW
TABLE 133 AXXCSS WIRELESS SOLUTIONS: PRODUCTS OFFERED
TABLE 134 AXXCSS WIRELESS SOLUTIONS: PRODUCTS LAUNCHES
TABLE 135 AXXCSS WIRELESS SOLUTIONS: DEALS
15.1.2 NEC CORPORATION
15.1.2.1 Business overview
TABLE 136 NEC CORPORATION: COMPANY OVERVIEW
FIGURE 60 NEC CORPORATION: COMPANY SNAPSHOT
TABLE 137 NEC CORPORATION: PRODUCTS OFFERED
TABLE 138 NEC CORPORATION: PRODUCTS LAUNCHES
TABLE 139 NEC CORPORATION: DEALS
15.1.3 CERAGON
TABLE 140 CERAGON: COMPANY OVERVIEW
FIGURE 61 CERAGON: COMPANY SNAPSHOT
TABLE 141 CERAGON: PRODUCTS/SOLUTIONS OFFERED
TABLE 142 CERAGON: PRODUCT LAUNCHES
TABLE 143 CERAGON: DEALS
15.1.4 L3HARRIS TECHNOLOGIES, INC.
TABLE 144 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 62 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 145 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS OFFERED
TABLE 146 L3HARRIS TECHNOLOGIES, INC.: DEALS
15.1.5 AVIAT NETWORKS
TABLE 147 AVIAT NETWORKS: COMPANY OVERVIEW
FIGURE 63 AVIAT NETWORKS: COMPANY SNAPSHOT
TABLE 148 AVIAT NETWORKS: PRODUCTS OFFERED
TABLE 149 AVIAT NETWORKS: DEALS
15.1.6 SMITHS GROUP PLC
TABLE 150 SMITHS GROUP PLC: COMPANY OVERVIEW
FIGURE 64 SMITHS GROUP PLC: COMPANY SNAPSHOT
TABLE 151 SMITHS GROUP PLC: PRODUCTS OFFERED
TABLE 152 SMITHS GROUP PLC: PRODUCT LAUNCHES
TABLE 153 SMITHS GROUP PLC: OTHER DEVELOPMENTS
15.1.7 ERAVANT
TABLE 154 ERAVANT: COMPANY OVERVIEW
TABLE 155 ERAVANT: PRODUCTS OFFERED
TABLE 156 ERAVANT: PRODUCT LAUNCHES
TABLE 157 ERAVANT: DEALS
15.1.8 FARRAN
TABLE 158 FARRAN: COMPANY OVERVIEW
TABLE 159 FARRAN: PRODUCTS OFFERED
15.1.9 KEYSIGHT TECHNOLOGIES
TABLE 160 KEYSIGHT TECHNOLOGIES: COMPANY OVERVIEW
FIGURE 65 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 161 KEYSIGHT TECHNOLOGIES: PRODUCTS OFFERED
TABLE 162 KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES
TABLE 163 KEYSIGHT TECHNOLOGIES: DEALS
15.1.10 DUCOMMUN INCORPORATED
TABLE 164 DUCOMMUN INCORPORATED: COMPANY OVERVIEW
FIGURE 66 DUCOMMUN INCORPORATED: COMPANY SNAPSHOT
TABLE 165 DUCOMMUN INCORPORATED: PRODUCTS OFFERED
15.1.11 MILLIMETER WAVE PRODUCTS INC.
TABLE 166 MILLIMETER WAVE PRODUCTS: COMPANY OVERVIEW
TABLE 167 MILLIMETER WAVE PRODUCTS: PRODUCTS OFFERED
15.2 OTHER PLAYERS
15.2.1 VUBIQ NETWORKS, INC.
TABLE 168 VUBIQ NETWORKS, INC: COMPANY OVERVIEW
15.2.2 ELVA-1
TABLE 169 ELVA-1: COMPANY OVERVIEW
15.2.3 VERANA NETWORKS
TABLE 170 VERANA NETWORKS: COMPANY OVERVIEW
15.2.4 CABLEFREE
TABLE 171 CABLEFREE: COMPANY OVERVIEW
15.2.5 FASTBACK NETWORKS
TABLE 172 FASTBACK NETWORKS: COMPANY OVERVIEW
15.2.6 QUINSTAR TECHNOLOGY, INC.
TABLE 173 QUINSTAR TECHNOLOGY, INC.: COMPANY OVERVIEW
15.2.7 TREX ENTERPRISES CORPORATION
TABLE 174 TREX ENTERPRISES CORPORATION.: COMPANY OVERVIEW
15.2.8 NUCTECH
TABLE 175 NUCTECH: COMPANY OVERVIEW
15.2.9 KYOCERA CORPORATION
TABLE 176 KYOCERA CORPORATION: COMPANY OVERVIEW
15.2.10 RADWIN
TABLE 177 RADWIN: COMPANY OVERVIEW
15.2.11 IGNITENET
TABLE 178 IGNITENET: COMPANY OVERVIEW
15.2.12 KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
TABLE 179 KRATOS DEFENSE & SECURITY SOLUTIONS, INC.: COMPANY OVERVIEW
15.2.13 ANOKIWAVE, INC
TABLE 180 ANOKIWAVE, INC: COMPANY OVERVIEW
15.2.14 SPACEK LABS INC.
TABLE 181 SPACEK LABS INC.: COMPANY OVERVIEW
15.2.15 CAMBIUM NETWORKS, LTD.
TABLE 182 CAMBIUM NETWORKS, LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
The MM wave industry value chain is closely interlaced to the value chain of microwave and traditional RF chipset. From last couple of years MM wave value chain is been rapidly evolving into strong, well interlinked value chain. Several new technologies and standards, frequency allocations, product developments, new business models have come up owing to the application potential of MM Wave technology in various fields.
The next few years will be crucial for the MM wave industry as massive developments are expected to take place over the next seven years. In addition to this explosive growth in the number of players, mainly among component and product manufacturers and with migration of established players from RF and microwave is also expected.
MM Wave technology has found wide use and applications in three major fields – telecommunication, imaging and scanning, and RADAR. Due to the advanced and suitable features offered by MM Wave in mobile backhaul application, the telecommunication field will be a huge platform for MM Wave technology to grow. Imaging and scanning is the primary field responsible for commercial birth of MM Wave technology in a large scale, while RADAR field is still developing stage offering lots of space for MM Wave technology to penetrate.
In terms of life-cycle of the market, all the application fields for MM Wave are still in the initial stage and expected to take off in near future. MM wave market for telecommunication is expected to boom exponentially by 2015, in RADAR by 2016, while that in imaging and scanning had already taken off in early 2013.
The market is extremely patchy, in terms of frequency bands. Technically, commercial MM Wave equipment can be ranged anywhere between 8 GHz and 300 GHz. Of several spectrums, the ones that are expected to lead the market in terms of growth are 23-38 GHz, 38-43 GHz, 57-64 GHz, and the entire 70-95 GHz spectrum. In addition to this several novel frequency bands are also coming up which includes frequency bands between 95-120 GHz, 120-140 GHz and 140-300 GHz.
The main focus of the industry is on the light-licensed E-band, which consists of 71-76 GHz band, 81-86 GHz band, and 92-95 GHz band. All these bands can be used to deploy optimal MM wave products for the telecommunication, RADAR, and satellite communication applications.
For MM wave radios 81-86 GHz is the best choice in macro cell applications. Market for MM Wave products in this band is expected to grow at higher CAGR for the next seven years, among the entire light-licensed frequency spectrum MM Wave products. MM wave technology based products/ radios operating at 81-86 GHz band can largely replace Microwave technology based counterparts.
An alternative solution would be an unlicensed 57-64 GHz frequency spectrum, with a wide 7 GHz band for a broad-range of applications, though most optimal for small-cell mobile backhaul MM Wave products. With robust future ahead for small-cell equipment, MM Wave products operating in this band are expected to grab a major share of small-cell equipment market by 2020. Two major aspects of concern if this band is focused on would be, firstly the oxygen molecule resonance effect at 60 GHz, affecting the data transfer characteristics – a drawback only for this band. The other concern is that this band is also being focused by consumer digital media industry, for wireless media transfer at high data rates over short ranges, with several technologies coming up such as 60 GHz 802.11ad Wi-Fi and WiGig.
In future, mobile backhaul radios, transmission equipment, and enterprise and small-scale networking equipment will witness the highest growth, thus it would have large potential to be used widely in telecommunication for optimal service provisioning and deployment.
In terms of products, for the mobile and telecommunication field, choice of developing millimeter wave mobile backhaul radios, transmission equipment, and enterprise and small-scale networking equipment would be optimal for the next five years, as these products are forecast to have the highest growth and account for the major share.
For imaging and scanning field, MM Wave scanners, particularly MM Wave passive scanners rather than active, would be the best choice for scanning and security industry players to focus on investment in MM Wave technology. For companies established in other imaging and scanning technologies such as X-Ray back-scatter and UV imaging, shift of focus to passive MM Wave scanning technology at this point of time would prove to be beneficial in the long run. However, this product market is highly dependent on collaborations and partnerships in defense applications, and brand value, safety and security preferences in consumer applications.
The best choice for RADAR and communication system will be focused highly on application specific MM wave radar systems. In addition to this focus on customize solution such as Automotive RADAR, Marine RADAR, Military RADAR, or Aerospace RADAR would be act as a differentiator for the aspirant market leaders.
Coming to components for MM Wave equipment, the field is extremely fragmented, highly competitive, and offers relatively less revenue potential than that of MM Wave products. The MM Wave component market offers little scope for product differentiation too, neither in terms of specifications, nor in terms of technology. The market is expected to witness migration of established players from related industries such as RF and Microwave, further increasing the existing competition.
Coming to application sectors, for mobile and telecommunication sector, crucial players would be mobile-backhaul equipment manufacturers. While shifting to MM Wave technology, either light-licensed band based macro-cell equipment, or unlicensed band based small-cell is a must, as MM Wave technology is expected to emerge as the new choice for mobile-backhaul in the telecommunication sector. Though flexibility exists in choice of frequency band, ample focus on data transfer characteristics, data handling capacity, cost and pricing features, industry relations with telecommunication OEM giants (leading cellular service providers, specific to any region) is advisable to stay ahead in the race that’s about to begin.
Airport scanning and security applications having a huge revenue potential in the consumer application sector; however, waiting time for return on investment is too high. Other application such as commercial building and event security, perimeter and surveillance RADAR for institutional applications and wireless sensor networking in building and home automation can be good option for investment; however, market size of these applications are relatively smaller than that of airport scanning and security.
For military, defense and aerospace sector, the best choice for investment would be Military and Aerospace RADARs, followed by secure defense communication MM Wave equipment. Focus on the other emerging applications for MM Wave, such as satellite communication, healthcare imaging and scanning is also advisable, as they provide an added advantage of very low or little competition in the current scenario, leaving ample market space to occupy and emerge as a market leader in a niche field by the end of the decade.
U.S. and Western European region will be the most impacting region on the global MM wave market. Looking at APAC region China, Japan, South Korea, and India will play major role for telecommunication, and imaging and scanning applications
