Global Millimeter Wave Absorber Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Millimeter Wave Absorber market size was valued at USD 50 million in 2022 and is forecast to a readjusted size of USD 73 million by 2029 with a CAGR of 5.5% during review period.
Absorbing materials (Absorber) refer to functional materials that can absorb incident electromagnetic waves with little reflection, scattering, and transmission. They are used to suppress scattered or redundant electromagnetic radiation and avoid interfering with the normal operation of the system.
The absorbing material is composed of absorbent and carrier. Absorbents are composed of one or more components and play a major role in absorbing waves. The carrier is usually a polymer material, which is selected according to the required physical and mechanical properties and processing properties.
Global 5 largest manufacturers of Millimeter Wave Absorber are Laird Technologies (DuPont), Cuming Microwave Corporation, TDK Corporation, Nitto Denko and Home Sun Technology, which make up over 60%. Among them, Laird Technologies (DuPont) is the leader with about 30% market share. Asia-Pacific is the largest market, with a share about 40%, followed by North America and Europe, with the share about 28% and 21%. In terms of product type, Pyramidal Absorber occupy the largest share of the total market, about 58%. And in terms of product Application, the largest application is Automotive mmWave Radar, followed by 5G Communication.
The Global Info Research report includes an overview of the development of the Millimeter Wave Absorber industry chain, the market status of 5G Communication (Flat Absorber, Pyramidal Absorber), Automotive mmWave Radar (Flat Absorber, Pyramidal Absorber), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Millimeter Wave Absorber.
Regionally, the report analyzes the Millimeter Wave Absorber markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Millimeter Wave Absorber market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Millimeter Wave Absorber market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Millimeter Wave Absorber industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Sqm), revenue generated, and market share of different by Type (e.g., Flat Absorber, Pyramidal Absorber).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Millimeter Wave Absorber market.
Regional Analysis: The report involves examining the Millimeter Wave Absorber market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Millimeter Wave Absorber market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Millimeter Wave Absorber:
Company Analysis: Report covers individual Millimeter Wave Absorber manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Millimeter Wave Absorber This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (5G Communication, Automotive mmWave Radar).
Technology Analysis: Report covers specific technologies relevant to Millimeter Wave Absorber. It assesses the current state, advancements, and potential future developments in Millimeter Wave Absorber areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Millimeter Wave Absorber market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Millimeter Wave Absorber market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Flat Absorber
Pyramidal Absorber
Market segment by Application
5G Communication
Automotive mmWave Radar
Military
Major players covered
Laird Technologies (DuPont)
Cuming Microwave Corporation
TDK Corporation
Nitto Denko
Microwave Vision Group
Home Sun Technology
Diamond Microwave Chambers
Sekisui Nano Coat Technology
Suzhou Wave-Vector Advanced Material
Chennailabb
E&C Engineering
Shenzhen General Test
Nystein Technology
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Millimeter Wave Absorber product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Millimeter Wave Absorber, with price, sales, revenue and global market share of Millimeter Wave Absorber from 2018 to 2023.
Chapter 3, the Millimeter Wave Absorber competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Millimeter Wave Absorber breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Millimeter Wave Absorber market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Millimeter Wave Absorber.
Chapter 14 and 15, to describe Millimeter Wave Absorber sales channel, distributors, customers, research findings and conclusion.