United States Millimeter Wave Technology Market Attracts Investments in Automotive Radar Systems | Keysight Technologies, Anritsu Corporation, Rohde & Schwarz GmbH & Co KG

"Global Millimeter Wave Technology Market reached US$ 2.8 Billion in 2023 and is expected to reach US$ 13.7 Billion by 2031, growing with a CAGR of 8.2% during the forecast period 2024-2031." As per DataM intelligence research report

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United States: Millimeter Wave Technology Developments

✅ In September 2025, Keysight Technologies showcased cutting-edge solutions at European Microwave Week (EuMW) 2025, accelerating millimeter-wave innovation across space, defense, automotive, broadband wireless, IoT networks, 5G, and 6G applications.

✅ In July 2025, Quaise Energy achieved a significant milestone by drilling to a depth of 100 meters using millimeter-wave technology, marking a new era for superhot geothermal energy development.

✅ In May 2025, MIT Lincoln Laboratory developed a radar and communications system that extends signal range at millimeter-wave frequencies, supporting U.S. Army missions and enhancing communication capabilities.

Japan: Millimeter Wave Technology Developments

✅ In August 2025, Sumitomo Electric Industries deployed its NEXUSEYETM pedestrian detection millimeter-wave sensor in the U.S., showcasing it for the first time at the 31st ITS World Congress 2025, enhancing safety in transportation systems.

✅ In June 2025, Fujitsu unveiled a millimeter-wave monitoring system for enhanced safety and privacy in care facilities, providing 24/7 privacy-conscious monitoring for fall and health anomaly detection.

Millimeter Wave Technology Market: Drivers

The millimeter wave (mmWave) technology market is witnessing rapid growth as demand for high-speed wireless communication, low-latency connectivity, and large bandwidth applications continues to rise. MmWave frequencies are critical for 5G networks, supporting enhanced mobile broadband, ultra-reliable low-latency communications, and massive IoT deployments. Telecom operators and enterprises are increasingly investing in mmWave infrastructure to meet growing data traffic and next-generation connectivity requirements. Applications in autonomous vehicles, smart cities, industrial automation, and augmented/virtual reality are further driving adoption. With the push for faster, more reliable wireless networks, mmWave technology is becoming a key enabler of the digital transformation era.

Technological advancements in antenna design, beamforming, RF components, and signal processing are enhancing coverage, efficiency, and performance of mmWave systems. Collaborative efforts among telecom operators, chipset manufacturers, and standards organizations are accelerating deployment and interoperability. Regulatory support for spectrum allocation and global standardization of 5G mmWave frequencies is encouraging broader adoption. The integration of mmWave in wireless backhaul, fixed wireless access, and satellite communications is expanding application potential. With continuous innovation, increasing 5G rollouts, and growing demand for ultra-high-speed connectivity, the millimeter wave technology market is poised for sustained long-term growth.

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Segment Covered in the Millimeter Wave Technology Market:

➥ By Product: Scanner Systems, Radar and Satellite Communications Systems

➥ By Frequency Band: 24 GHz to 57 GHz, 57 GHz to 86 GHz, 86 GHz to 300 GHz, Others

➥ By License Type: Light Licensed Frequency Millimeter Wave, Unlicensed Frequency Millimeter Wave, Fully Licensed Frequency Millimeter Wave

➥ By Components: Antennas and Transceiver Components, Frequency Sources and Related Components, Communication and Networking Components, Imaging Components, Sensors and Controls, Others

➥ By Application: Mobile & Telecom, Consumer & Commercial, Healthcare, Industrial, Defense, Others

Millimeter Wave Technology Market: Major Players

Keysight Technologies, Anritsu Corporation, Rohde & Schwarz GmbH & Co KG, NEC Corporation, L3Harris Technologies, Inc., Smiths Interconnect, Siklu Communication Ltd., E-Band Communications, LLC, Farran Technology Ltd. and SAGE Millimeter, Inc.

Most Frequently Asked Questions in the Millimeter Wave Technology Market Research Industry:

➠ Who leads the Millimeter Wave Technology industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Millimeter Wave Technology market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Millimeter Wave Technology market growth?
➠ What are the dominant sales and distribution strategies in the Millimeter Wave Technology industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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