Millimeter Wave and Microwave RF Transceiver Market Report: Trends, Forecast and Competitive Analysis to 2030
Millimeter Wave and Microwave RF Transceiver Trends and Forecast
The future of the global millimeter wave and microwave RF transceiver market looks promising with opportunities in the mobile phone, tablet, PC and laptop, smart TV, and set-top box applications. The global millimeter wave and microwave RF transceiver market is expected to grow with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing demand for high-speed communication in 5G networks, increasing adoption of millimeter-wave technology in automotive radar systems, and rising deployment of next-generation LTE wireless networks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Millimeter Wave and Microwave RF Transceiver by Segment
The study includes a forecast for the global millimeter wave and microwave RF transceiver by type, application, and region.
Millimeter Wave and Microwave RF Transceiver Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Millimeter Wave RF Transceiver
- Microwave RF Transceiver
Millimeter Wave and Microwave RF Transceiver Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Mobile Phones
- Tablets
- PCs and Laptops
- Smart TVs
- Set-top Boxes
- Others
Millimeter Wave and Microwave RF Transceiver Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Millimeter Wave and Microwave RF Transceiver Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies millimeter wave and microwave RF transceiver companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the millimeter wave and microwave RF transceiver companies profiled in this report include-
- Analog Devices
- Cisco Systems
- GCT Semiconductor
- Lime Microsystems
- MediaTek
- Microchip Technology
- Millimeter Wave Products
Millimeter Wave and Microwave RF Transceiver Market Insights
Lucintel forecasts that millimeter wave is expected to witness higher growth over the forecast period due to its wide range of applications, such as automotive radar, wireless headphones, and medical imaging.
APAC is expected to witness highest growth over the forecast period due to heavy investment from government in 5G infrastructure development and existence of major consumer electronics manufacturers in the region.
Features of the Global Millimeter Wave and Microwave RF Transceiver Market
Market Size Estimates: Millimeter wave and microwave RF transceiver market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Millimeter wave and microwave RF transceiver market size by type, application, and region in terms of value ($B).
Regional Analysis: Millimeter wave and microwave RF transceiver market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the millimeter wave and microwave RF transceiver market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the millimeter wave and microwave RF transceiver market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for millimeter wave and microwave RF transceiver market?
Answer: The global millimeter wave and microwave RF transceiver market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the millimeter wave and microwave RF transceiver market?
Answer: The major drivers for this market are growing demand for high-speed communication in 5G networks, increasing adoption of millimeter-wave technology in automotive radar systems, and rising deployment of next-generation LTE wireless networks.
Q3. What are the major segments for millimeter wave and microwave RF transceiver market?
Answer: The future of the millimeter wave and microwave RF transceiver market looks promising with opportunities in the mobile phone, tablet, PC and laptop, smart TV, and set-top box markets.
Q4. Who are the key millimeter wave and microwave RF transceiver market companies?
Answer: Some of the key millimeter wave and microwave RF transceiver companies are as follows:
- Analog Devices
- Cisco Systems
- GCT Semiconductor
- Lime Microsystems
- MediaTek
- Microchip Technology
- Millimeter Wave Products
Q5. Which millimeter wave and microwave RF transceiver market segment will be the largest in future?
Answer: Lucintel forecasts that millimeter wave is expected to witness higher growth over the forecast period due to its wide range of applications, such as automotive radar, wireless headphones, and medical imaging.
Q6. In millimeter wave and microwave RF transceiver market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to heavy investment from government in 5G infrastructure development and existence of major consumer electronics manufacturers in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the millimeter wave and microwave RF transceiver market by type (millimeter wave RF transceiver and microwave RF transceiver), application (mobile phones, tablets, PCs and laptops, smart TVs, set-top boxes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?