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Global Millimeter Wave Technology Market Analysis 2021-2031

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    Report

  • 318 Pages
  • March 2022
  • Region: Global
  • Research Nester Pvt. Ltd
  • ID: 5624583
Description Jump to:
The global millimeter wave technology market is anticipated to grow with a CAGR of 33.2% over the forecast period, i.e., 2022 - 2031. Factors such as the surge in the number of smart city projects worldwide, followed by the increasing adoption of internet of things (IoT), and the growing advancements in information and communication technology, are anticipated to drive the growth of the market during the forecast period. Furthermore, factors such as the growing adoption of 5G broadband cellular networks, along with the growing need for high-speed internet services, which is driving the need amongst the telecom operators to raise their existing technical capacity, are also expected to drive the growth of the market in the coming years. The market is estimated to garner a revenue of around USD 22580 Million by the end of 2031, up from a revenue of near to USD 1345 Million in the year 2021.

The global millimeter wave technology is segmented into numerous segments, which include segmentation by product, component, application, license type, installation, transmission frequency, end-user, and by region. By product, the market is segmented into radar & satellite communication system, telecommunication equipment, scanner system, and other products. By the end of 2031, out of all the other segments, the telecommunication equipment segment is anticipated to garner the largest revenue of more than USD 10770 Million, up from a revenue of about USD 500 Million in the year 2021.

On the basis of regional analysis, the global millimeter wave technology market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. By the end of 2031, the market in North America is anticipated to garner the largest revenue of close to USD 7900 Million by the end of 2031, up from a revenue of about USD 460 Million in the year 2021.

Some of the prominent industry leaders in the global millimeter wave technology market that are included in our report are L3Harris Technologies, Inc., Eravant, E-Band Communications, LLC, Smiths Detection Group Ltd. (Smiths Group plc.), Keysight Technologies, Inc., NEC Corporation, Galion LLC, Millivision Technologies (Galion LLC), Vubiq Networks, Inc., Millimeter Wave Products Inc., Farran, Mistral Solutions Pvt. Ltd., Axxcss Wireless Solutions, Inc., Siklu Inc., Qualcomm Technologies, Inc., Huawei Technologies Co., Ltd., and others.

Table of Contents

1. Market Definition and Research Methodology
1.1. Market Definition and Segmentation
1.2. Assumptions and Acronyms
1.3. Research Objective
1.4. Research Methodology
2. Executive Summary
2.1. Market Size and Forecast
2.2. Competitive Landscape
2.3. Market Dynamics
2.4. Regional Opportunity Analysis
3. Market Dynamics
3.1. Drivers
3.2. Challenges
3.3. Trends
3.4. Opportunities
4. Regulatory & Standards Landscape5. Value Chain Analysis6. Industry Risk Analysis7. Pricing Analysis by Component Type
8. Technology Analysis
8.1. Terahertz Waves
9. Trade Outlook
9.1. Import Analysis
9.1.1. Import Value (USD Million)
9.1.2. Major Importing Countries
9.1.3. Import Regulations
9.2. Export Analysis
9.2.1. Export Value (USD Million)
9.2.2. Major Exporting Countries
9.2.3. Export Regulations
10. Patent Analysis11. Impact of COVID-1912. Competitive Feature Analysis
13. Competitive Landscape
13.1. Market Share Analysis, 2021
13.1.1. Market Share Analysis of Major Players (in %), 2021
13.2. Competitive Benchmarking
13.2.1. L3Harris Technologies, Inc.
13.2.1.1. Detailed Overview
13.2.1.2. Assessment of Key Offering
13.2.1.3. Predictive Strategies & Positioning vs Current Positioning
13.2.1.4. Analysis on Growth Strategies
13.2.1.5. Exhaustive Analysis on Key Financial Indicators
13.2.1.6. Recent Developments
13.2.2. Eravant
13.2.3. E-Band Communications, LLC
13.2.4. Smiths Detection Group Ltd. (Smiths Group plc.)
13.2.5. Keysight Technologies, Inc.
13.2.6. NEC Corporation
13.2.7. Galion LLC
13.2.8. Millivision Technologies (Galion LLC)
13.2.9. Vubiq Networks, Inc.
13.2.10. Millimeter Wave Products Inc.
13.2.11. Farran
13.2.12. Mistral Solutions Pvt. Ltd.
13.2.13. Axxcss Wireless Solutions, Inc.
13.2.14. Siklu Inc.
13.2.15. Qualcomm Technologies, Inc.
13.2.16. Huawei Technologies Co., Ltd.
14. Global Millimeter Wave Technology Market
14.1. Market Overview
14.2. By Value (USD Million)
14.3. Market Segmentation
14.3.1. By Product
14.3.1.1. Radar & Satellite Communication System, 2021-2031F (USD Million)
14.3.1.1.1. Perimeter Surveillance Radar Systems (PSRS), 2021-2031F (USD Million)
14.3.1.1.2. Application Specific Radar Systems, 2021-2031F (USD Million)
14.3.1.2. Telecommunication Equipment, 2021-2031F (USD Million)
14.3.1.2.1. Small-Cell Equipment, 2021-2031F (USD Million)
14.3.1.2.2. Mobile Backhaul Equipment, 2021-2031F (USD Million)
14.3.1.2.3. Macro-Cell Equipment, 2021-2031F (USD Million)
14.3.1.3. Scanner System
14.3.1.3.1. Active Scanners, 2021-2031F (USD Million)
14.3.1.3.2. Passive Scanners, 2021-2031F (USD Million)
14.3.1.4. Other Products, 2021-2031F (USD Million)
14.3.2. By Component
14.3.2.1. Power & Battery Components, 2021-2031F (USD Million)
14.3.2.2. Antennas & Transceiver, 2021-2031F (USD Million)
14.3.2.3. Frequency Sources & Related Components, 2021-2031F (USD Million)
14.3.2.4. Interface Components, 2021-2031F (USD Million)
14.3.2.5. Communication & Networking Components, 2021-2031F (USD Million)
14.3.2.6. Sensors & Controls, 2021-2031F (USD Million)
14.3.2.7. Imaging Components, 2021-2031F (USD Million)
14.3.2.8. RF & Radio Components, 2021-2031F (USD Million)
14.3.2.9. Other Components, 2021-2031F (USD Million)
14.3.3. By Application
14.3.3.1. 5G & Small Cell Concept, 2021-2031F (USD Million)
14.3.3.2. Millimeter Wave Therapy, 2021-2031F (USD Million)
14.3.3.3. HD Video, 2021-2031F (USD Million)
14.3.3.4. Virtual Reality Headsets, 2021-2031F (USD Million)
14.3.3.5. Wireless Gigabit Alliance, 2021-2031F (USD Million)
14.3.3.6. High Frequency Radar Technology, 2021-2031F (USD Million)
14.3.3.7. Body Scanners, 2021-2031F (USD Million)
14.3.3.8. Autonomous Driving, 2021-2031F (USD Million)
14.3.3.9. Other Applications, 2021-2031F (USD Million)
14.3.4. By License Type
14.3.4.1. Light Licensed Frequency, 2021-2031F (USD Million)
14.3.4.2. Fully Licensed Frequency, 2021-2031F (USD Million)
14.3.4.3. Unlicensed Frequency, 2021-2031F (USD Million)
14.3.5. By Installation
14.3.5.1. Upgradation, 2021-2031F (USD Million)
14.3.5.2. New Implementation, 2021-2031F (USD Million)
14.3.6. By Transmission Frequency
14.3.6.1. 24 GHz - 57 GHz, 2021-2031F (USD Million)
14.3.6.2. 57 GHz - 86 GHz, 2021-2031F (USD Million)
14.3.6.3. 86 GHz - 300 GHz, 2021-2031F (USD Million)
14.3.7. By End-Users
14.3.7.1. Aerospace & Defense, 2021-2031F (USD Million)
14.3.7.2. Mobile & Telecom, 2021-2031F (USD Million)
14.3.7.3. Healthcare, 2021-2031F (USD Million)
14.3.7.4. Consumer & Commercial, 2021-2031F (USD Million)
14.3.7.5. Industrial, 2021-2031F (USD Million)
14.3.7.6. Other End-Users, 2021-2031F (USD Million)
14.3.8. By Region
14.3.8.1. North America, 2021-2031F (USD Million)
14.3.8.2. Europe, 2021-2031F (USD Million)
14.3.8.3. Asia Pacific, 2021-2031F (USD Million)
14.3.8.4. Latin America, 2021-2031F (USD Million)
14.3.8.5. Middle East & Africa, 2021-2031F (USD Million)
15. North America Millimeter Wave Technology Market
15.1. Market Overview
15.2. By Value (USD Million)
15.3. Market Segmentation
15.3.1. By Product
15.3.1.1. Radar & Satellite Communication System, 2021-2031F (USD Million)
15.3.1.1.1. Perimeter Surveillance Radar Systems (PSRS), 2021-2031F (USD Million)
15.3.1.1.2. Application Specific Radar Systems, 2021-2031F (USD Million)
15.3.1.2. Telecommunication Equipment, 2021-2031F (USD Million)
15.3.1.2.1. Small-Cell Equipment, 2021-2031F (USD Million)
15.3.1.2.2. Mobile Backhaul Equipment, 2021-2031F (USD Million)
15.3.1.2.3. Macro-Cell Equipment, 2021-2031F (USD Million)
15.3.1.3. Scanner System
15.3.1.3.1. Active Scanners, 2021-2031F (USD Million)
15.3.1.3.2. Passive Scanners, 2021-2031F (USD Million)
15.3.1.4. Other Products, 2021-2031F (USD Million)
15.3.2. By Component
15.3.2.1. Power & Battery Components, 2021-2031F (USD Million)
15.3.2.2. Antennas & Transceiver, 2021-2031F (USD Million)
15.3.2.3. Frequency Sources & Related Components, 2021-2031F (USD Million)
15.3.2.4. Interface Components, 2021-2031F (USD Million)
15.3.2.5. Communication & Networking Components, 2021-2031F (USD Million)
15.3.2.6. Sensors & Controls, 2021-2031F (USD Million)
15.3.2.7. Imaging Components, 2021-2031F (USD Million)
15.3.2.8. RF & Radio Components, 2021-2031F (USD Million)
15.3.2.9. Other Components, 2021-2031F (USD Million)
15.3.3. By Application
15.3.3.1. 5G & Small Cell Concept, 2021-2031F (USD Million)
15.3.3.2. Millimeter Wave Therapy, 2021-2031F (USD Million)
15.3.3.3. HD Video, 2021-2031F (USD Million)
15.3.3.4. Virtual Reality Headsets, 2021-2031F (USD Million)
15.3.3.5. Wireless Gigabit Alliance, 2021-2031F (USD Million)
15.3.3.6. High Frequency Radar Technology, 2021-2031F (USD Million)
15.3.3.7. Body Scanners, 2021-2031F (USD Million)
15.3.3.8. Autonomous Driving, 2021-2031F (USD Million)
15.3.3.9. Other Applications, 2021-2031F (USD Million)
15.3.4. By License Type
15.3.4.1. Light Licensed Frequency, 2021-2031F (USD Million)
15.3.4.2. Fully Licensed Frequency, 2021-2031F (USD Million)
15.3.4.3. Unlicensed Frequency, 2021-2031F (USD Million)
15.3.5. By Installation
15.3.5.1. Upgradation, 2021-2031F (USD Million)
15.3.5.2. New Implementation, 2021-2031F (USD Million)
15.3.6. By Transmission Frequency
15.3.6.1. 24 GHz - 57 GHz, 2021-2031F (USD Million)
15.3.6.2. 57 GHz - 86 GHz, 2021-2031F (USD Million)
15.3.6.3. 86 GHz - 300 GHz, 2021-2031F (USD Million)
15.3.7. By End-Users
15.3.7.1. Aerospace & Defense, 2021-2031F (USD Million)
15.3.7.2. Mobile & Telecom, 2021-2031F (USD Million)
15.3.7.3. Healthcare, 2021-2031F (USD Million)
15.3.7.4. Consumer & Commercial, 2021-2031F (USD Million)
15.3.7.5. Industrial, 2021-2031F (USD Million)
15.3.7.6. Other End-Users, 2021-2031F (USD Million)
15.3.8. By Country
15.3.8.1. United States, 2021-2031F (USD Million)
15.3.8.2. Canada, 2021-2031F (USD Million)
16. Europe Millimeter Wave Technology Market
16.1. Market Overview
16.2. By Value (USD Million)
16.3. Market Segmentation
16.3.1. By Product
16.3.2. By Component
16.3.3. By Application
16.3.4. By License Type
16.3.5. By Installation
16.3.6. By Transmission Frequency
16.3.7. By End-Users
16.3.8. By Country
16.3.8.1. United Kingdom, 2021-2031F (USD Million)
16.3.8.2. Germany, 2021-2031F (USD Million)
16.3.8.3. France, 2021-2031F (USD Million)
16.3.8.4. Italy, 2021-2031F (USD Million)
16.3.8.5. Spain, 2021-2031F (USD Million)
16.3.8.6. Russia, 2021-2031F (USD Million)
16.3.8.7. Rest of Europe, 2021-2031F (USD Million)
17. Asia Pacific Millimeter Wave Technology Market
17.1. Market Overview
17.2. By Value (USD Million)
17.3. Market Segmentation
17.3.1. By Product
17.3.2. By Component
17.3.3. By Application
17.3.4. By License Type
17.3.5. By Installation
17.3.6. By Transmission Frequency
17.3.7. By End-Users
17.3.8. By Country
17.3.8.1. China, 2021-2031F (USD Million)
17.3.8.2. India, 2021-2031F (USD Million)
17.3.8.3. Japan, 2021-2031F (USD Million)
17.3.8.4. South Korea, 2021-2031F (USD Million)
17.3.8.5. Singapore, 2021-2031F (USD Million)
17.3.8.6. Australia, 2021-2031F (USD Million)
17.3.8.7. Rest of Asia Pacific, 2021-2031F (USD Million)
18. Latin America Millimeter Wave Technology Market
18.1. Market Overview
18.2. By Value (USD Million)
18.3. Market Segmentation
18.3.1. By Product
18.3.2. By Component
18.3.3. By Application
18.3.4. By License Type
18.3.5. By Installation
18.3.6. By Transmission Frequency
18.3.7. By End-Users
18.3.8. By Country
18.3.8.1. Brazil, 2021-2031F (USD Million)
18.3.8.2. Mexico, 2021-2031F (USD Million)
18.3.8.3. Argentina, 2021-2031F (USD Million)
18.3.8.4. Rest of Latin America, 2021-2031F (USD Million)
19. Middle East & Africa Millimeter Wave Technology Market
19.1. Market Overview
19.2. By Value (USD Million)
19.3. Market Segmentation
19.3.1. By Product
19.3.2. By Component
19.3.3. By Application
19.3.4. By License Type
19.3.5. By Installation
19.3.6. By Transmission Frequency
19.3.7. By End-Users
19.3.8. By Country
19.3.8.1. GCC, 2021-2031F (USD Million)
19.3.8.2. Israel, 2021-2031F (USD Million)
19.3.8.3. South Africa, 2021-2031F (USD Million)
19.3.8.4. Rest of Middle East & Africa, 2021-2031F (USD Million)

Companies Mentioned

  • L3Harris Technologies Inc.
  • Eravant
  • E-Band Communications LLC
  • Smiths Detection Group Ltd. (Smiths Group plc.)
  • Keysight Technologies Inc.
  • NEC Corporation
  • Galion LLC
  • Millivision Technologies (Galion LLC)
  • Vubiq Networks Inc.
  • Millimeter Wave Products Inc.
  • Farran
  • Mistral Solutions Pvt. Ltd.
  • Axxcss Wireless Solutions Inc.
  • Siklu Inc.
  • Qualcomm Technologies Inc.
  • Huawei Technologies Co. Ltd.

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