Worldwide Millimeter Wave Technology Industry to 2029 – by Product, Component, Frequency Band, Application and Region – | Business


The global millimeter wave technology market size is expected to reach $5.13 billion by 2029 according to this new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

  • BridgeWave Communications
  • CableFree
  • Denso Corporation
  • E-Band Communications LLC
  • Farran Technology
  • Fujitsu
  • Hubei YJT Technology
  • Keysight Technologies
  • L3 Technologies Inc.
  • Millimeter Wave Products Inc.
  • Mitsubishi Electric Corporation
  • MMW Biomedical
  • NEC Corporation
  • SAGE Millimeter Inc.
  • Siklu Communication
  • Wireless Excellence

The MMW technology has enabled the radar tech for automotive & transport applications. It implies the technique in radio-frequency modules which renders an effective radar performance. These emerging applications of MMW across the automotive and healthcare industries are therefore expected to fuel the demand for MMW devices. As a result, the global market is anticipated to experience a notable swift over the estimated time.

Moreover, the ability of millimeter waves to penetrate through almost all the materials including concealed solid as well as liquid objects have made the technique extremely reliable from the security perspective. Therefore, resulting in the heavy adoption of MMW scanners at a fast pace across the security sector, in turn helping the overall MMW technology market to flourish significantly.

A few important parameters to be considered to achieve better MMW imaging include careful selection of the targets depending upon the transmission & reflecting principles, illumination, distance, detector type, and image processing. Radars and satellite communication systems are another major product based on the millimeter wave technique. The Military & defense sector was one of the initial sectors to implement small, high gain antennas that operate at high frequency in the MMW radar aircraft.

Recent years have been witnessing an increasing interest in circuits and communication systems across the educational as well as industrial sectors. The research and advancements have led to the building up of several innovations in the MMW technology and developing various components implementing the technique in the market.

The publisher has segmented the millimeter wave technology market report on the basis of product, component, frequency band, application, and region.

3. Millimeter Wave Technology Market Insights

3.1. Millimeter Wave Technology – Industry snapshot

3.2. Millimeter Wave Technology – Ecosystem analysis

3.3. Millimeter Wave Technology Market Dynamics

3.3.1. Millimeter Wave Technology – Market Forces Millimeter Wave Technology Market Driver Analysis Millimeter Wave Technology Market Restraint/Challenges analysis Millimeter Wave Technology Market Opportunity Analysis

3.4. Industry analysis – Porter’s five force

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of buyer

3.4.3. Threat of substitute

3.4.4. Threat of new entrant

3.4.5. Degree of competition

3.5. Millimeter Wave Technology Market PEST Analysis

3.6. Millimeter Wave Technology Market Value Chain Analysis

3.7. Millimeter Wave Technology Industry Trends

3.8. Competitive Ranking Analysis

4. Millimeter Wave Technology Market Size and Forecast, 2017 – 2029 by Product

4.2. Telecommunication Equipment

4.3. Imaging & Scanning Systems

4.4. Radar & Satellite Communication Systems

5. Millimeter Wave Technology Market Size and Forecast, 2017 – 2029 by Component

5.2. Antennas & Transceivers

5.6. Frequency Converters

6. Millimeter Wave Technology Market Size and Forecast, 2017 – 2029 by Frequency Band

7. Millimeter Wave Technology Market Size and Forecast, 2017 – 2029 by Application

7.4. Automotive & Transport

7.6. Electronics & Semiconductor

8. Millimeter Wave Technology Market Size and Forecast, 2017 – 2029 by Region

9.1.3. Product Benchmarking

9.1.4. Recent Developments

9.2. Siklu Communication Ltd

9.2.3. Product Benchmarking

9.2.4. Recent Developments

9.3. Bridgewave Communications, Inc.

9.3.3. Product Benchmarking

9.3.4. Recent Developments

9.4. E-Band Communications, LLC

9.4.3. Product Benchmarking

9.4.4. Recent Developments

9.5. Aviat Networks, Inc.

9.5.3. Product Benchmarking

9.5.4. Recent Developments

9.6.3. Product Benchmarking

9.6.4. Recent Developments

9.7. Millimeter Wave Products Inc.

9.7.3. Product Benchmarking

9.7.4. Recent Developments

9.8. Keysight Technologies, Inc.

9.8.3. Product Benchmarking

9.8.4. Recent Developments

9.9. Ducommun Incorporated

9.9.3. Product Benchmarking

9.9.4. Recent Developments

9.10. Farran Technology, Ltd

9.10.3. Product Benchmarking

9.10.4. Recent Developments

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900


SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 02/14/2022 12:21 PM/DISC: 02/14/2022 12:21 PM

Copyright Business Wire 2022.