Press release
Millimeter Wave Technology Market to Witness Huge Growth by Key Players: Axxcss Wireless Solutions, Keysight Technologies, NEC Corporation, Eravant, Siklu Communication, Aviat Networks, Farran Technologies, L3HARRIS, Smiths Group, Millimeter Wave Products
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The Global Millimeter Wave Technology Market size is estimated to grow from USD 1.0 Billion in 2020 to USD 3.4 Billion by 2025, at a CAGR of 26.4%. This report spread across 182 pages, profiling 10 companies and supported with 100 tables and 52 figures are now available in this research.
Top Key Players Profiled in the Millimeter Wave Technology Market:
o Axxcss Wireless Solutions (US)
o Keysight Technologies (US)
o NEC Corporation (Japan)
o Eravant (US)
o Siklu Communication (Israel)
o Aviat Networks (US)
o Farran Technologies (Ireland)
o L3HARRIS (US)
o Smiths Group (UK)
o Millimeter Wave Products (US)
"The market for antenna & transceiver components is projected to grow at the highest CAGR during the forecast period"
The antennas & transceivers segment is projected to grow at the highest CAGR of the millimeter wave technology market, by component. One of the important factors for the dominance of these components is the wide adoption in telecom and consumer electronics applications.
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"Market for telecommunication equipment is projected to grow at the highest CAGR during the forecast period"
The telecommunication equipment is expected to dominate the millimeter wave market by product. The high growth of the telecommunication equipment is due to the higher use of millimeter wave components for 5G backhaul.
"Market for unlicensed spectrum is expected to grow at highest CAGR during the forecast period"
The millimeter wave technology market for unlicensed frequencies is projected to account for the largest share by 2025, as due to the high adoption of millimeter wave for devices in the unlicensed frequency band. The fully licensed band is set to grow at the highest rate due to its increasing adoption, mainly in the mobile and the telecom sector.
"Market for 57-86 GHz is projected to grow at highest CAGR during the forecast period"
The market for millimeter wave technology for 57-86 GHz frequency band is projected to account for the largest share and grow at the highest CAGR during the forecast period. The dominance of this frequency band is due to the high demand for this frequency band, as it serves numerous applications such as autonomous mining, security and perimeter protection, traffic monitoring, and automated cruise control.
Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 45%, Tier 2 = 34%, and Tier 3 = 21%
o By Designation: C-level Executives = 45%, Directors = 36%, and Managers = 19%
o By Region: North America = 39%, Europe = 41%, APAC = 16%, and RoW =4%
List Of Tables:
Table 1 Millimeter Wave Frequencies And Applications
Table 2 Millimeter Wave Technology Market Size, By Component, 2017-2025 (Usd Million)
Table 3 Providers Of Millimeter Wave Antennas
Table 4 Millimeter Wave Technology Market Size, By Product, 2017-2025 (Usd Million)
Table 5 Scanner Systems Market Size, By Type, 2017-2025 (Usd Million)
Table 6 North America: Scanner Systems Market Size, By Country, 2017-2025 (Usd Million)
Table 7 Europe: Scanner Systems Market Size, By Country, 2017-2025 (Usd Million)
Table 8 Apac: Scanner Systems Market Size, By Country, 2017-2025 (Usd Million)
Table 9 Row: Scanner Systems Market Size, By Region, 2017-2025 (Usd Million)
Table 10 Radar & Satellite Communication Systems Market Size, By Type, 2017-2025 (Usd Million)
Table 11 North America: Radar & Satellite Communication Systems Market Size , By Country, 2017-2025 (Usd Million)
Table 12 Europe: Radar & Satellite Communication Systems Market Size, By Country, 2017-2025 (Usd Million)
Table 13 Apac: Radar & Satellite Communication Systems Market Size, By Country, 2017-2025 (Usd Million)
Table 14 Row: Radar & Satellite Communication Systems Market Size, By Region, 2017-2025 (Usd Million)
Table 15 Mobile Backhaul Equipment Market Size, By Type, 2017-2025 (Usd Million)
Table 16 North America: Mobile Backhaul Equipment Market Size , By Country, 2017-2025 (Usd Million)
Table 17 Europe: Mobile Backhaul Equipment Market Size, By Country, 2017-2025 (Usd Million)
Table 18 Apac: Mobile Backhaul Equipment Market Size, By Country, 2017-2025 (Usd Million)
Table 19 Row: Mobile Backhaul Equipment Market Size, By Region, 2017-2025 (Usd Million)
Table 20 North America: Other Millimeter Wave Technology Products Market Size , By Country, 2017-2025 (Usd Million)
..and More
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