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Global Millimeter Wave Technology Market (2022-2027) by Component, Product, Frequency Band, License Type, End-Use, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 178 Pages
  • April 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5585480

FEATURED COMPANIES

  • Aviat Networks
  • Cisco Systems
  • Fujitsu
  • Mitsubishi Electric
  • Nuctech Company
  • SCSK
The Global Millimeter Wave Technology Market is estimated to be USD 1.98 Bn in 2022 and is projected to reach USD 4.95 Bn by 2027, growing at a CAGR of 20.12%.



Market dynamics are forces that impact the prices and behaviors of the Global Millimeter Wave Technology Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Millimeter Wave Technology Market is segmented based on Component, Product, Frequency Band, License Type, End-Use, and Geography.
  • By Component, the market is classified into Antennas & Transceiver Components, Communication & Networking Components, Frequency Sources & Related Components, Imaging Components, Interface Components, Power & Battery Components, RF & Radio Components, Sensors & Controls, and Other Components.
  • By Product, the market is classified into Radar And Satellite Communication Systems, Scanning Systems, Telecommunication Equipment, and Others.
  • By Frequency Band, the market is classified into 24–57 Ghz, 57–95 Ghz, and 95–300 Ghz.
  • By License Type, the market is classified into Fully Licensed Frequency Millimeter Wave, Light Licensed Frequency Millimeter Wave, and Unlicensed Frequency Millimeter Wave.
  • By End-Use, the market is classified into Automotive & Transportation, Consumer & Commercial, Healthcare, Imaging, Industrial, and Mobile & Telecom.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Aviat Networks, Axxcss Wireless Solutions, CableFree Networks, Cisco Systems, Denso, Farran Technology, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Millimeter Wave Technology Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Millimeter Wave Technology Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Millimeter Wave Technology Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Millimeter Wave Technology Market

What is the estimated value of the Global Millimeter Wave Technology Market?

The Global Millimeter Wave Technology Market was estimated to be valued at $2.0 Billion in 2022.

What is the growth rate of the Global Millimeter Wave Technology Market?

The growth rate of the Global Millimeter Wave Technology Market is 20.1%, with an estimated value of $5.0 Billion by 2027.

What is the forecasted size of the Global Millimeter Wave Technology Market?

The Global Millimeter Wave Technology Market is estimated to be worth $5.0 Billion by 2027.

Who are the key companies in the Global Millimeter Wave Technology Market?

Key companies in the Global Millimeter Wave Technology Market include Aviat Networks, Axxcss Wireless Solutions, CableFree Networks, Cisco Systems, Denso, Farran Technology, Fujitsu, Hubei YJT Technology and Mitsubishi Electric.

FEATURED COMPANIES

  • Aviat Networks
  • Cisco Systems
  • Fujitsu
  • Mitsubishi Electric
  • Nuctech Company
  • SCSK

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Demand in Security Screening and Telecommunication Industry
4.1.2 Rapid Use of Radar Technology in Military and Aerospace Industry
4.1.3 Emerging Applications in Automotive and Medical Industry
4.1.4 Growing Demand of High-Speed Broadband Connectivity
4.2 Restraints
4.2.1 Concern Associated with Distortion from Atmosphere
4.3 Opportunities
4.3.1 Rapid Exposure of 5G Coupled with Millimeter Wave Technology in Various Applications Across the Globe
4.3.2 Rising Numerous IoT Based Devices Globally
4.3.3 Use of V-Band Millimeter Wave for Last-Mile Connectivity
4.4 Challenges
4.4.1 Complex Architecture of Millimeter Wave Requires Advanced Technology Infrastructure
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Millimeter Wave Technology Market, By Component
6.1 Introduction
6.2 Antennas & Transceiver Components
6.3 Communication & Networking Components
6.4 Frequency Sources & Related Components
6.5 Imaging Components
6.6 Interface Components
6.7 Power & Battery Components
6.8 RF & Radio Components
6.9 Sensors & Controls
6.10 Other Components
7 Global Millimeter Wave Technology Market, By Product
7.1 Introduction
7.2 Radar And Satellite Communication Systems
7.3 Scanning Systems
7.4 Telecommunication Equipment
7.5 Others
8 Global Millimeter Wave Technology Market, By Frequency Band
8.1 Introduction
8.2 24-57 Ghz
8.3 57-95 Ghz
8.4 95-300 Ghz
9 Global Millimeter Wave Technology Market, By License Type
9.1 Introduction
9.2 Fully Licensed Frequency Millimeter Wave
9.3 Light Licensed Frequency Millimeter Wave
9.4 Unlicensed Frequency Millimeter Wave
10 Global Millimeter Wave Technology Market, By End-Use
10.1 Introduction
10.2 Automotive & Transportation
10.3 Consumer & Commercial
10.4 Healthcare
10.5 Imaging
10.6 Industrial
10.7 Mobile & Telecom
11 Americas' Global Millimeter Wave Technology Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas
12 Europe's Global Millimeter Wave Technology Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe
13 Middle East and Africa's Global Millimeter Wave Technology Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA
14 APAC's Global Millimeter Wave Technology Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific
15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements
16 Company Profiles
16.1 Aviat Networks
16.2 Axxcss Wireless Solutions
16.3 CableFree Networks
16.4 Cisco Systems
16.5 Denso
16.6 Farran Technology
16.7 Fujitsu
16.8 Hubei YJT Technology
16.9 L3Harris Technologies
16.10 Mitsubishi Electric
16.11 NEC
16.12 NTT Data
16.13 Nuctech Company
16.14 Ooma
16.15 Proxim Wireless
16.16 SCSK
16.17 Siklu Communication
16.18 Smiths Group
16.19 Vubiq Networks
17 Appendix
17.1 Questionnaire
  • Aviat Networks
  • Axxcss Wireless Solutions
  • CableFree Networks
  • Cisco Systems
  • Denso
  • Farran Technology
  • Fujitsu
  • Hubei YJT Technology
  • L3Harris Technologies
  • Mitsubishi Electric
  • NEC
  • NTT Data
  • Nuctech Company
  • Ooma
  • Proxim Wireless
  • SCSK
  • Siklu Communication
  • Smiths Group
  • Vubiq Networks