Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), License Type (Unlicensed, Fully Licensed), Application (Mobile and Telecom, Automotive), Component, Frequency Band, and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Millimeter Wave Technology Market Overview
The global millimeter wave technology market is estimated to grow from USD 1.8 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 20.8% in the forecast period 2021-2028
Increase in broadband and mobile speeds, rise in use of millimeter wave in small-cell backhaul networks, and substantial demand in the use of millimeter wave technology in security and radar applications are some of the factors that have supported long-term expansion for Millimeter Wave Technology Market.
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Key Findings
Millimeter Wave Technology Market is segmented into component, product, frequency band, license type, end use and geography.
Component segment is segmented into Antennas & transceiver component, Frequency sources & related components, Communication & networking components, Imaging components, RF & radio components, Sensors & controls, Interface components and Power & battery components.
Product segment is segmented into Scanning systems, Radar and satellite communication system and Telecommunication equipment.
Frequency band segment is segmented into 24–57 GHz, 57–95 GHz and 95–300 GHz.
License segment is segmented into Light licensed frequency millimeter wave, unlicensed frequency millimeter wave and fully licensed frequency millimeter wave.
End use segment is segmented into Mobile & telecom, Consumer & commercial, Healthcare, Industrial, Automotive & transportation and Imaging.
Geographically, Millimeter Wave Technology Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Millimeter Wave Technology Market Competitive Landscape
Key players
· Axxcss Wireless Solutions (US)
· NEC Corporation (Japan)
· Siklu Communication (Israel)
· L3HARRIS (US)
· Smiths Group (UK)
· Eravant (US)
· Aviat Networks (US)
· Farran Technologies (Ireland)
· Millimeter Wave Products (US)
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Reasons to Acquire in the Millimeter Wave Technology Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for millimeter wave technology market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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