Millimeter Wave Technology Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global millimeter wave technology market is expected to grow at a CAGR of around 25.2% during 2025-2034. This report on global millimeter wave technology market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global millimeter wave technology market by segmenting the market based on component, product, frequency band, license type, application, and region. Also, detailed profiles of companies operating in the millimeter wave technology market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Usage in Consumer Electronics
• Rising Demand from Radar and Security Application
• Growing Penetration of Wireless Communication Technologies and E-computing Services
Market Challenges
• Delay in Standardization Spectrum
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Antennas and Transceivers
• Amplifiers
• Oscillators
• Control Devices
• Frequency Converters
• Passive Components
• Others
Market by Product
• Telecommunication Equipment
• Imaging and Scanning Systems
• Radar and Satellite Communication Systems
• Services
Market by Frequency Band
• 30 GHz - 57 GHz
• 57 GHz - 96 GHz
• 96 GHz -300 GHz
Market by License Type
• Light Licensed Frequency Millimeter Wave
• Unlicensed Frequency Millimeter Wave
• Fully Licensed Frequency Millimeter Wave
Market by Application
• Telecommunication
• Military and Defense
• Automotive and Transport
• Healthcare
• Electronics and Semiconductor
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Millimeter Wave Technology Market
- 3.1. Introduction
- 3.2. Market Drives
- 3.3. Market Challenges
- 4. Global Millimeter Wave Technology Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Millimeter Wave Technology Market by Component
- 5.1. Introduction
- 5.2. Antennas and Transceivers
- 5.3. Amplifiers
- 5.4. Oscillators
- 5.5. Control Devices
- 5.6. Frequency Converters
- 5.7. Passive Components
- 5.8. Others
- 6. Global Millimeter Wave Technology Market by Product
- 6.1. Introduction
- 6.2. Telecommunication Equipment
- 6.3. Imaging and Scanning Systems
- 6.4. Radar and Satellite Communication Systems
- 6.5. Services
- 7. Global Millimeter Wave Technology Market by Frequency Band
- 7.1. Introduction
- 7.2. 30 GHz - 57 GHz
- 7.3. 57 GHz - 96 GHz
- 7.4. 96 GHz -300 GHz
- 8. Global Millimeter Wave Technology Market by License Type
- 8.1. Introduction
- 8.2. Light Licensed Frequency Millimeter Wave
- 8.3. Unlicensed Frequency Millimeter Wave
- 8.4. Fully Licensed Frequency Millimeter Wave
- 9. Global Millimeter Wave Technology Market by Application
- 9.1. Introduction
- 9.2. Telecommunication
- 9.3. Military and Defense
- 9.4. Automotive and Transport
- 9.5. Healthcare
- 9.6. Electronics and Semiconductor
- 9.7. Others
- 10. Global Millimeter Wave Technology Market by Region
- 10.1. Introduction
- 10.2. Europe
- 10.2.1. Germany
- 10.2.2. United Kingdom
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Russia
- 10.2.7. Netherlands
- 10.2.8. Rest of the Europe
- 10.3. North America
- 10.3.1. United States
- 10.3.2. Canada
- 10.4. Asia Pacific
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. India
- 10.4.4. South Korea
- 10.4.5. Australia
- 10.4.6. Indonesia
- 10.4.7. Rest of the Asia Pacific
- 10.5. Latin America
- 10.5.1. Mexico
- 10.5.2. Brazil
- 10.5.3. Argentina
- 10.5.4. Rest of Latin America
- 10.6. Middle East & Africa
- 10.6.1. Saudi Arabia
- 10.6.2. Turkey
- 10.6.3. Iran
- 10.6.4. United Arab Emirates
- 10.6.5. Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Company Profiles
- 14.2.1. Aviat Networks Inc.
- 14.2.2. AXXCSS Wireless Solutions Inc.
- 14.2.3. BridgeWave Communications
- 14.2.4. Denso Corporation
- 14.2.5. E-Band Communications, LLC,
- 14.2.6. Eravant
- 14.2.7. Farran Technology Ltd.
- 14.2.8. Fastback Networks Inc.
- 14.2.9. Fujitsu
- 14.2.10. Hubei YJT Technology
- 14.2.11. Keysight Technologies Inc.
- 14.2.12. L3 Technologies Inc.
- 14.2.13. Millimeter Wave Products Inc.
- 14.2.14. Mistral Solutions Pvt. Ltd.
- 14.2.15. Mitsubishi Electric Corporation
- 14.2.16. NEC Corporation
- 14.2.17. SAGE Millimeter, Inc.
- 14.2.18. Siklu Communication Ltd.
- 14.2.19. Smiths Group Plc
- 14.2.20. Vubiq Networks Inc.
- List of Figures
- Figure 1: Global Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 2: Global Millimeter Wave Technology Market by Component, 2024
- Figure 3: Global Millimeter Wave Technology Market by Product, 2024
- Figure 4: Global Millimeter Wave Technology Market by Frequency Band, 2024
- Figure 5: Global Millimeter Wave Technology Market by License Type, 2024
- Figure 6: Global Millimeter Wave Technology Market by Application, 2024
- Figure 7: Global Millimeter Wave Technology Market by Region, 2024
- Figure 8: Global Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 9: Global Millimeter Wave Technology Market by Component (in %), 2024 & 2034
- Figure 10: Global Antennas and Transceivers Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 11: Global Antennas and Transceivers Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 12: Global Amplifiers Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 13: Global Amplifiers Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 14: Global Oscillators Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 15: Global Oscillators Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 16: Global Control Devices Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 17: Global Control Devices Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 18: Global Frequency Converters Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 19: Global Frequency Converters Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 20: Global Passive Components Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 21: Global Passive Components Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 22: Global Other Components Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 23: Global Other Components Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 24: Global Millimeter Wave Technology Market by Product (in %), 2024 & 2034
- Figure 25: Global Telecommunication Equipment Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 26: Global Telecommunication Equipment Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 27: Global Imaging and Scanning Systems Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 28: Global Imaging and Scanning Systems Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 29: Global Radar and Satellite Communication Systems Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 30: Global Radar and Satellite Communication Systems Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 31: Global Millimeter Wave Technology Market by Frequency Band (in %), 2024 & 2034
- Figure 32: Global 30 GHz - 57 GHz Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 33: Global 30 GHz - 57 GHz Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 34: Global 57 GHz - 96 GHz Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 35: Global 57 GHz - 96 GHz Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 36: Global 96 GHz -300 GHz Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 37: Global 96 GHz -300 GHz Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 38: Global Millimeter Wave Technology Market by License Type (in %), 2024 & 2034
- Figure 39: Global Light Licensed Frequency Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 40: Global Light Licensed Frequency Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 41: Global Unlicensed Frequency Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 42: Global Unlicensed Frequency Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 43: Global Fully Licensed Frequency Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 44: Global Fully Licensed Frequency Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 45: Global Millimeter Wave Technology Market by Application (in %), 2024 & 2034
- Figure 46: Global Telecommunication Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 47: Global Telecommunication Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 48: Global Military and Defense Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 49: Global Military and Defense Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 50: Global Automotive and Transport Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 51: Global Automotive and Transport Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 52: Global Healthcare Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 53: Global Healthcare Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 54: Global Electronics and Semiconductor Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 55: Global Electronics and Semiconductor Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 56: Global Other Industries Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 57: Global Other Industries Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 58: Global Millimeter Wave Technology Market by Region (in %), 2024 & 2034
- Figure 59: Europe Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 60: Europe Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 61: Europe Millimeter Wave Technology Market by Country (in %), 2024 & 2034
- Figure 62: Germany Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 63: United Kingdom Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 64: France Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 65: Italy Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 66: Spain Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 67: Russia Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 68: Netherlands Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 69: Rest of Europe Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 70: North America Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 71: North America Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 72: North America Millimeter Wave Technology Market by Country (in %), 2024 & 2034
- Figure 73: United States Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 74: Canada Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 75: Asia Pacific Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 76: Asia Pacific Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 77: Asia Pacific Millimeter Wave Technology Market by Country (in %), 2024 & 2034
- Figure 78: China Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 79: Japan Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 80: India Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 81: South Korea Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 82: Australia Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 83: Indonesia Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 84: Rest of Asia Pacific Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 85: Latin America Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 86: Latin America Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 87: Latin America Millimeter Wave Technology Market by Country (in %), 2024 & 2034
- Figure 88: Mexico Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 89: Brazil Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 90: Argentina Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 91: Rest of Latin America Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 92: Middle East & Africa Millimeter Wave Technology Market (in US$ Million), 2020-2024
- Figure 93: Middle East & Africa Millimeter Wave Technology Market (in US$ Million), 2025-2034
- Figure 94: Middle East & Africa Millimeter Wave Technology Market by Country (in %), 2024 & 2034
- Figure 95: Saudi Arabia Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 96: Turkey Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 97: Iran Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 98: UAE Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 99: Rest of Middle East and Africa Millimeter Wave Technology Market (in US$ Million), 2017-2030
- Figure 100: Market Value Chain
- List of Tables
- Table 1: Global Millimeter Wave Technology Market Portraiture
- Table 2: Global Millimeter Wave Technology Market by Component (in US$ Million), 2024 & 2034
- Table 3: Global Millimeter Wave Technology Market by Product (in US$ Million), 2024 & 2034
- Table 4: Global Millimeter Wave Technology Market by Frequency Band (in US$ Million), 2024 & 2034
- Table 5: Global Millimeter Wave Technology Market by License Type (in US$ Million), 2024 & 2034
- Table 6: Global Millimeter Wave Technology Market by Application (in US$ Million), 2024 & 2034
- Table 7: Global Millimeter Wave Technology Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Millimeter Wave Technology Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Millimeter Wave Technology Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Millimeter Wave Technology Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Millimeter Wave Technology Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Millimeter Wave Technology Market by Country (in US$ Million), 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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