Millimeter Wave Technology Market by Component (Antennas & Transceiver Components, Communication & Networking Components, Frequency Sources & Related Components), Product (Radar & Satellite Communication Systems, Scanning Systems, Telecommunication Equipm

Millimeter Wave Technology Market by Component (Antennas & Transceiver Components, Communication & Networking Components, Frequency Sources & Related Components), Product (Radar & Satellite Communication Systems, Scanning Systems, Telecommunication Equipment), Frequency Band, License Type, End-Use - Global Forecast 2023-2030

The Millimeter Wave Technology Market size was estimated at USD 3.26 billion in 2022 and expected to reach USD 3.82 billion in 2023, at a CAGR 18.46% to reach USD 12.67 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Millimeter Wave Technology Market.

• Based on Component, market is studied across Antennas & Transceiver Components, Communication & Networking Components, Frequency Sources & Related Components, Imaging Components, Interface Components, Power & Battery Components, RF & Radio Components, and Sensors & Controls. The Frequency Sources & Related Components is projected to witness significant market share during forecast period.
• Based on Product, market is studied across Radar & Satellite Communication Systems, Scanning Systems, and Telecommunication Equipment. The Scanning Systems is projected to witness significant market share during forecast period.
• Based on Frequency Band, market is studied across 24–57 GHz, 57–95 GHz, and 95–300 GHz. The 57–95 GHz is projected to witness significant market share during forecast period.
• Based on License Type, market is studied across Fully Licensed Frequency Millimeter Wave, Light Licensed Frequency Millimeter Wave, and Unlicensed Frequency Millimeter Wave. The Fully Licensed Frequency Millimeter Wave is projected to witness significant market share during forecast period.
• Based on End-Use, market is studied across Automotive & Transportation, Consumer & Commercial, Healthcare, Imaging, Industrial, and Mobile & Telecom. The Healthcare is projected to witness significant market share during forecast period.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Millimeter Wave Technology Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Millimeter Wave Technology Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Millimeter Wave Technology Market, highlighting leading vendors and their innovative profiles. These include Aviat Networks, Inc., Axxcss Wireless Solutions Inc., bq microwave, CableFree, Cisco Systems, Inc., Denso Corporation, Deutsche Telekom AG, E-Band Communications, LLC, Farran Technology Ltd., Fujikura Ltd., Fujitsu Limited, Hubei YJT Technology Co., Ltd., Keysight Technologies, L3Harris Technologies, Inc., Millimeter Wave Products Inc., Millimeter Wave Systems, LLC, Mitsubishi Electric Corporation, NEC Corporation, NTT DATA Corporation, Nuctech Company, Ltd., Qualcomm Technologies, Inc., SAGE Millimeter, Inc., Samsung Electronics Co. Ltd., Siklu Communications, Ltd., SIKORA AG, Smiths Group PLC, Telefonaktiebolaget LM Ericsson, Terasense Group Inc., and Vubiq Networks, Inc..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Millimeter Wave Technology Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Millimeter Wave Technology Market?
3. What is the competitive strategic window for identifying opportunities in the Millimeter Wave Technology Market?
4. What are the latest technology trends and regulatory frameworks in the Millimeter Wave Technology Market?
5. What is the market share of the leading vendors in the Millimeter Wave Technology Market?
6. Which modes and strategic moves are suitable for entering the Millimeter Wave Technology Market?

Note: PDF & Excel + Online Access - 1 Year