Rising volume of mobile data traffic and high demand for applications consuming large bandwidth are the key factors driving the growth of the MM wave technology market. Increasing applications of MM wave for networks related with small cell backhaul along with high demand for high-end uses in the radar technology are the other factors fostering the market. However, limited range of MM waves along with some environmental issues is a key market restraint. Furthermore, fragmented and non-uniformity in licensing of MM waves technology is a major market challenge. The emergence of 5G technology would offer great opportunities for the growth of the MM wave market.
The report segments the MM wave technology market on the basis of products, license, frequency band, component, applications and geography. On the basis of products, the market is segmented into Scanner Systems, Radar & Satellite Communication Systems and Telecommunication Equipment. On the basis of Frequency Band, the market is segmented into bands between 8 GHz-57 Ghz, 57 GHz-86 Ghz, and 86 GHz-300 Ghz. On the basis of license, the market is segmented into light licensed frequency mm wave, unlicensed frequency mm wave, and fully licensed frequency mm wave. On the basis of applications, the market is segmented into mobile & telecom, consumer & commercial, healthcare, industrial, automotive & transportation, military, defense, and aerospace (MDA), and others. On the basis of components, the market is segmented into antennas & transceiver components, frequency sources and related components, communication & networking components, imaging components, RF & radio components, sensors and controls, interface components, power & battery components, and other components. On the basis of geography, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. Key market players profiled in the report are BridgeWave Communications, Inc., E-Band Communications, LLC, Siklu Communication Ltd., SAGE Millimeter, Inc., and Keysight Technologies, Inc., among others.
KEY BENEFITS FOR STAKEHOLDERS
Comprehensive analysis of the current and future trends in the world millimeter wave technology market have been provided in this report
The report provides a competitive scenario of the world millimeter wave technology market with current and future growth trends, structure, driving factors, scope, opportunities and challenges
The report includes a comprehensive analysis of market segments to provide insights on the market dynamics
Porters Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of stakeholders involved at various stages of the value chain
SWOT analysis of the key market players highlights their strengths and weaknesses along with potential opportunities present in the market
MILLIMETER WAVE TECHNOLOGY MARKET KEY SEGMENTS
MM Wave Technology Market by Product
Radar & Satellite Communication Systems
Perimeter Surveillance Radar
Application-Specific Radar Systems
Satellite Communication Systems
Mobile Backhaul Equipment
Small Cell Equipment
MM Wave Technology Market by Frequency Band
Bands Between 8 Ghz-57 Ghz
Bands Between 57 Ghz-86 Ghz
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