Millimeter Wave Technology Market

Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), Frequency Band, License Type, Millimeter Wave Technology Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), and Geography - Global Forecast to 2023

Report Code: SE 3472 Jul, 2017, by marketsandmarkets.com
Updated date -

The millimeter wave technology market is expected to reach USD 2.3 billion by 2023 from USD 290.4 million in 2016, at a CAGR of 35.2% between 2017 and 2023. The major factors driving the growth of the market include the surge in mobile data traffic with bandwidth-intensive applications, use in small-cell backhaul network, demand for innovative applications of radar and security products, and potential use in consumer electronics.

Millimeter Wave Technology Market

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Client’s Problem Statement

A leading electronic component manufacturer was looking for shipment data for various components that are integrated together to build radar and satellite communication equipment, scanners and telecommunication equipment

MnM Approach

MnM provided the client with
• Analysis of type of devices that provide mmWave connectivity
• Break-down of components within each of the device
• Analysis of component association with the device to estimate total unit shipment of components

Revenue Impact (RI)

Revenue Impact- This has helped client to target opportunities worth ~USD 240 million in the said geographies.

Consult our Analyst now

Mobile & telecom application to witness highest growth in millimeter wave technology market

The millimeter wave technology market for the mobile & telecom application is expected to grow at the highest CAGR over the next six years owing to the expected commercialization of 5G technology, which needs millimeter wave technology-based components in its infrastructure. The products based on this technology are also used in industrial applications for level measurements in adverse environmental conditions as well as for networking purposes to enhance machine automation, owing to the high data transfer capability. The use of millimeter wave-based radar in autonomous and semi-autonomous vehicles is expected to provide growth avenues for the automotive and transportation application.

Telecommunication equipment to witness higher growth in millimeter wave technology market during forecast period

The market for millimeter wave-based telecommunication equipment is expected to witness the highest growth in the millimeter wave technology market due to the increasing number of mobile subscribers, which creates a need for high bandwidth in the backhaul. Further, the telecom service market is witnessing a slow shift from 4G LTE to 5G, which needs high data transfer capability that is possible with the implementation of millimeter wave-based electronics and telecommunication components.

57-86 GHz frequency band to hold largest size of millimeter wave technology market

The 57 GHz to 86 GHz frequency range has major applications in sectors such as automotive, healthcare, and telecommunications. This section has been further segmented into V-band (57-66 GHz) and E-band (71–76 GHz and 81–86 GHz). The millimeter wave technology market growth of 57 GHz to 86 GHz frequency mainly attributed to its use in wireless communications as this band is exempt from license or is lightly licensed. This allows a user to operate the equipment without buying any license from a regulator.

North America to account for significant share in millimeter wave technology market during forecast period

North America held the largest share of the overall millimeter wave technology market in 2018 owing to the widespread penetration of 4G LTE along with the testing of 5G technology. The millimeter wave technology market in North America is expected to grow at the highest CAGR since the majority of the research and development is concentrated in this region. Consequently, there is a large millimeter wave technology market for scanner systems, satellite communication systems, and radar and satellite communication systems in this region. Further, millimeter wave scanner systems are extensively adopted in the airports in the US and Canada.

Millimeter Wave Technology Market


Market Dynamics

Driver: Growing mobile data traffic and demand for bandwidth-intensive applications

The use of mobiles and wireless networking equipment has increased exponentially in the past few years. The increasing use of internet-based solutions and applications creates the need for high amounts of data transfer between the networking devices in the entire mobile connectivity ecosystem. This would lead to the development of high-speed data transfer technology.

Restraint: Adverse impact on the environment

The disadvantage of limited range for the Millimeter wave technology would force telecom operators to increase the number of towers and other equipment. Furthermore, this range can also be increased with an increase in the transmitting power. On the other hand, an increase in the transmitting power can result in high fuel consumption and high radiation. Further, increase in number of tower would escalate total capital expenditure and also surge the maintenance cost.

Opportunity: Potential use of Millimeter wave for 5G technology

With the availability of equipment that supports high bandwidth, wireless networks would face heavy congestion over the next five years. This would drive the shift from the existing 3G and 4G LTE technologies to 5G. The aggregate data rates supported by the 5G technology are expected to be 1000 times and 100 times faster than the existing 3G and 4G data rates, respectively.

Challenge: Limited range of Millimeter wave

One of the limitations of Millimeter wave is that it can be used only for a limited range of a few meters. This is mainly due to the high atmospheric attenuation, wherein considerable amount of signal strength is absorbed by the gases present in the atmosphere. The losses or signal attenuation for Millimeter wave mainly depends on line-of-sight and frequency.

MILLIMETER WAVE TECHNOLOGY MARKET: RESEARCH DESIGN

Millimeter Wave Technology Market

Scope of the Report:

Report Metric

Details

Market Size Availability Years

2014–2023

Base year

2016

Forecast period

2017–2023

Units

Value in USD  & Volume in units

Segments Covered

Product, Frequency Band, License Type, Application, Component

Geographic Regions Covered

North America, APAC, Europe, and RoW

Companies covered

BridgeWave Communications (US), E-Band Communications, LLC (US), Siklu Communication Ltd (Israel), L3 Technologies, Inc. (US), NEC Corporation(Japan), Renaissance Electronics & Communications (HXi) (US), Smiths Group Plc. (UK), Vubiq Networks, Inc. (US), Proxim Wireless (US), ELVA-1 (Sweden), and Wireless Excellence Ltd. (CableFree) (UK)

Millimeter Wave Technology Market Segmentation:

This report categorizes the millimeter wave technology market based on product, frequency band, license type, application, component, and region.

Millimeter Wave Technology Market, by Deployment:

  • Scanner Systems
    • Active Systems
    • Passive Systems
  • Radar & Satellite Communication Systems
    • Perimeter Surveillance Radar Systems
    • Application-Specific Radar Systems
    • Satellite Communication Systems
  • Telecommunication Equipment
    • Small-Cell Equipment
    • Macro-Cell Equipment

Millimeter Wave Technology Market, by Frequency Band:

  • Band Between 24 GHz and 57 GHZ
  • Band Between 57 GHz and 86 GHZ
    • E-Band
    • V-Band
  • Band Between 86 GHz and 300 GHZ

Millimeter Wave Technology Market, by License Type:

  • Light Licensed Frequency Millimeter Wave
  • Unlicensed Frequency Millimeter Wave
  • Fully Licensed Frequency Millimeter Wave

Millimeter Wave Technology Market, by Application:

  • Mobile and Telecom
    • 5G Cellular (Inception in 2020)
  • Consumer and Commercial
  • Healthcare
  • Industrial
  • Automotive and Transportation
    • Autonomous Vehicle
  • Military, Defense, and Aerospace
  • Imaging

Millimeter Wave Technology Market, by Component:

  • Antennas and Transceiver Components
  • Frequency Sources and Related Components
  • Communication and Networking Components
  • Imaging Components
  • RF and Radio Components
  • Sensors and Controls
  • Interface Components
  • Power and Battery Components

Millimeter Wave Technology Market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • RoW
    • Middle East & Africa
    • South America

Key Market Players

BridgeWave Communications (US), E-Band Communications, LLC (US), Siklu Communication Ltd (Israel), L3 Technologies, Inc. (US), NEC Corporation(Japan), Renaissance Electronics & Communications (HXi) (US), Smiths Group Plc. (UK), Vubiq Networks, Inc. (US), Proxim Wireless (US), ELVA-1 (Sweden), and Wireless Excellence Ltd. (CableFree) (UK).

BridgeWave Communications is a provider of wireless gigabit solutions including point-to-point wireless bridges and wireless backhaul. The company offers 4G backhaul and gigabit wireless connectivity solutions. The company's solutions include point-to-point wireless links that are used by carriers and mobile operators looking to support 4G, LTE, and WiMAX adoption. Its technology is designed to provide for high-capacity mobile backhaul solutions in metropolitan areas with high cell density and small-cells. BridgeWave has over 30,000 solutions deployed in more than 60 countries worldwide.

Recent developments

  • In May 2017, Keysight Technologies, Inc. launched Keysight N5290/91A solutions, which is a broadband millimeter-wave network analyzer solution that supplies unmatched system-level precision up to 120 GHz.
  • In May 2017, NEC Corporation and JSC NEC Neva Communications Systems tested the iPASOLINK EX advanced system. This advanced radio communication system features a transmission capacity of 10 Gbps.
  • In April 2017, BridgeWave Communications announced that one of the public universities in New Jersey is using the BridgeWave Flex4G-3000 system for fiber-quality interdepartmental connectivity. This Flex4G-3000 system is deployed by New Jersey Business Systems (US).

Key questions addressed in report

  1. Which are the key applications of millimeter wave technology? How big is the opportunity for the growth of the millimeter wave technology market for these applications in the major economies in the next 5 years?
  2. Which are the major companies in the millimeter wave technology market? What are their major strategies to strengthen their market presence?
  3. Which are the leading countries in the overall millimeter wave technology market? What would be the share of APAC, North America, and Europe in this market in the next 5 years?
  4. What will be the role of the standards and regulations by governments and associations in the adoption of millimeter wave technology?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst



Table of Contents

1 Introduction (Page No. - 16)
  1.1 Objectives of the Study
  1.2 Definition
  1.3 Study Scope
      1.3.1 Markets Covered
      1.3.2 Geographic Scope
      1.3.3 Years Considered for the Study
  1.4 Currency
  1.5 Limitations
  1.6 Stakeholders

2 Research Methodology (Page No. - 20)
  2.1 Research Data
      2.1.1 Secondary Data
            2.1.1.1 Key Data From Secondary Sources
      2.1.2 Primary Data
            2.1.2.1 Key Data From Primary Sources
            2.1.2.2 Key Industry Insights
            2.1.2.3 Breakdown of Primaries
  2.2 Market Size Estimation
      2.2.1 Bottom-Up Approach
      2.2.2 Top-Down Approach
  2.3 Data Triangulation
  2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
  4.1 Attractive Opportunities for Market
  4.2 Millimeter Wave Technology Market, By Product Type (2017 –2023)
  4.3 Market, By Frequency Band (2017–2023)
  4.4 Market, By Component (2017–2023)
  4.5 Market, By Application (2017–2023)
  4.6 Market, By Product and By Application
  4.7 Market, By Geography (2017–2023)

5 Market Overview (Page No. - 38)
  5.1 Introduction
  5.2 Market Dynamics
      5.2.1 Drivers
            5.2.1.1 Growing Mobile Data Traffic and Demand for Bandwidth-Intensive Applications
            5.2.1.2 Increasing Usage of Millimeter Wave in Small-Cell Backhaul Networks
            5.2.1.3 Increasing Demand for Innovative Applications in Radar and Security Applications
            5.2.1.4 High Potential for the Use of Millimeter Wave Technology in Consumer Electronics
      5.2.2 Restraints
            5.2.2.1 Adverse Impact on the Environment
      5.2.3 Opportunities
            5.2.3.1 Potential Use of Millimeter Wave for 5G Technology
            5.2.3.2 Wide Scope in the Military, Defense, Aerospace, and Satellite Communication Applications
            5.2.3.3 Use of Millimeter Wave in Autonomous Vehicles
            5.2.3.4 Availability of Unallocated Spectrum Above 30 GHz
      5.2.4 Challenges
            5.2.4.1 Limited Range of Millimeter Wave
            5.2.4.2 Fragmented and Non-Uniform Licensing Approach Across the Globe
  5.3 Value Chain Analysis
  5.4 Supply Chain Analysis
      5.4.1 Key Influencers

6 Millimeter Wave Technology Market, By Product (Page No. - 48)
  6.1 Introduction
  6.2 Scanner Systems
      6.2.1 Active Systems
      6.2.2 Passive Systems
  6.3 Radar and Satellite Communications Systems
      6.3.1 Perimeter Surveillance Radar Systems
      6.3.2 Application-Specific Radar Systems
      6.3.3 Satellite Communication Systems
  6.4 Telecommunication Equipment
      6.4.1 Mobile Backhaul Equipment
            6.4.1.1 Small-Cell Equipment
            6.4.1.2 Macrocell Equipment

7 Millimeter Wave Technology Market, By Frequency Band (Page No. - 57)
  7.1 Introduction
  7.2 Band Between 24 GHz and 57 GHz
  7.3 Band Between 57 GHz and 86 GHz
      7.3.1 E-Band
      7.3.2 V-Band
  7.4 Band Between 86 GHz and 300 GHz

8 Market, By License Type (Page No. - 62)
  8.1 Introduction
  8.2 Light Licensed Frequency Millimeter Wave
  8.3 Unlicensed Frequency Millimeter Wave
  8.4 Fully Licensed Frequency Millimeter Wave

9 Market, By Application (Page No. - 65)
  9.1 Introduction
  9.2 Mobile and Telecom
      9.2.1 5G Cellular (Inception in 2020/2021)
  9.3 Consumer and Commercial
  9.4 Healthcare
  9.5 Industrial
  9.6 Automotive and Transportation
      9.6.1 Autonomous Vehicle
  9.7 Military, Defense, and Aerospace
  9.8 Imaging

10 Market, By Component (Page No. - 71)
   10.1 Introduction
   10.2 Antennas and Transceiver Components
   10.3 Frequency Sources and Related Components
   10.4 Communication and Networking Components
   10.5 Imaging Components
   10.6 RF and Radio Components
   10.7 Sensors and Controls
   10.8 Interface Components
   10.9 Power and Battery Components

11 Geographic Analysis (Page No. - 83)
   11.1 Introduction
   11.2 North America
        11.2.1 US
        11.2.2 Canada
        11.2.3 Mexico
   11.3 Europe
        11.3.1 UK
        11.3.2 Germany
        11.3.3 France
        11.3.4 Rest of Europe
   11.4 Asia Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 South Korea
        11.4.4 India
        11.4.5 Rest of Asia Pacific
   11.5 Rest of the World
        11.5.1 South America
        11.5.2 Middle East & Africa

12 Competitive Landscape (Page No. - 111)
   12.1 Introduction
   12.2 Competitive Scenario
        12.2.1 Product Launches and Developments
        12.2.2 Partnerships, Contracts, Acquisitions, and Agreements
   12.3 Competitive Leadership Mapping
        12.3.1 Visionary Leaders
        12.3.2 Dynamic Differentiators
        12.3.3 Innovators
        12.3.4 Emerging Companies
   12.4 Global Market Competitive Leadership Mapping, 2017
   12.5 Business Strategy Excellence (For All 25 Players)
   12.6 Strength of Product Portfolio (For All 25 Players)

*Top 25 Companies Analyzed for This Study are - Ridgewave Communications (US), E-Band Communications, LLC (US), Lightpointe Communications, Inc. (US), Siklu Communication Ltd (Israel), Vubiq Networks, Inc. (US), Loea Corporation (US), NEC Corporation (Japan), Proxim Wireless (US), Renaissance Electronics & Communications (Hxi) (US), Elva-1 (Sweden), Dragonwave Inc. (Canada), Nuvotronics Inc. (US), Fastback Networks (US), Wireless Excelence Limited (UK), L3 Technologies, Inc. (US), Millivision Technologies (US), Brijot Imaging Systems, Inc. (US), Smiths Group PLC. (UK), Mistral Solutions Pvt. Ltd. (India), Fujitsu (Japan), Nxp Semiconductor (Netherlands), Delphi Automotive Llp (UK), Denso Internation Europe B.V. (Japan), Amplus Communication Pte. Ltd. (Singapore), Infineon Technologies AG (Germany)

13 Company Profiles (Page No. - 119)
(Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships)*
   13.1 Introduction
   13.2 Bridgewave Communications, Inc.
   13.3 Keysight Technologies
   13.4 NEC Corporation
   13.5 Sage Millimeter, Inc.
   13.6 Siklu Communication Ltd
   13.7 Aviat Networks, Inc.
   13.8 Farran Technology
   13.9 Millimeter Wave Products Inc.
   13.10 Millivision Technologies
   13.11 Vubiq Networks, Inc
   13.12 E-Band Communications, LLC
   13.13 Smiths Group PLC.
   13.14 L3 Technologies, Inc.
   13.15 Elva-1
   13.16 Proxim Wireless

*Details on Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies

14 Appendix (Page No. - 168)
   14.1 Insights of Industry Experts
   14.2 Discussion Guide
   14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
   14.4 Introducing RT: Real-Time Market Intelligence
   14.5 Available Customizations
   14.6 Related Reports
   14.7 Author Details


List of Tables (123 Tables)

Table 1 Millimeter Wave Radar Subsystem – Frequency and Its Applications
Table 2 E-Band has the Highest Available Unallocated Spectrum
Table 3 Millimeter Wave Radar Subsystem – Frequency and Its Applications
Table 4 List of Companies Considered in the Study
Table 5 Millimeter Wave Technology Market, By Product, 2014–2023 (USD Million)
Table 6 Market for Scanner Systems, By Type, 2014–2023 (USD Million)
Table 7 Market for Radar and Satellite Communication Systems, By Type, 2014–2023 (USD Million)
Table 8 Market for Telecommunication Equipment, By Type, 2014–2023 (USD Million)
Table 9 Telecommunication Equipment Market for Mobile Backhaul Equipment, By Type, 2014–2023 (USD Million)
Table 10 By Frequency Band, 2014–2023 (USD Million)
Table 11 E-Band vs V-Band
Table 12 Market for 57 GHz to 86 GHz Frequency Band, By Type, 2014–2023 (USD Million)
Table 13 Market By License Type, 2014–2023 (USD Million)
Table 14 Market By Application, 2014–2023 (USD Million)
Table 15 Market By Component, 2014–2023 (USD Million)
Table 16 Market, By Component, 2014–2023 (Thousand Units)
Table 17 Market for Antennas and Transceiver Components, By Application, 2014–2023 (USD Million)
Table 18 Market for Frequency Sources and Related Components, By Application, 2014–2023 (USD Million)
Table 19 Market for Communication and Networking Components, By Application, 2014–2023 (USD Million)
Table 20 Market for Imaging Components, By Application, 2014–2023 (USD Million)
Table 21 Millimeter Wave-Based RF and Radio Components Market, By Application, 2014–2023 (USD Million)
Table 22 Market for Sensors and Controls, By Application, 2014–2023 (USD Million)
Table 23 Market for Interface Components, By Application, 2014–2023 (USD Million)
Table 24 Market for Power and Battery Components , By Application, 2014–2023
Table 25 Market for Antennas and Transceiver Components, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 26 Market for Frequency Sources and Related Components, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 27 Market for Communication and Networking Components, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 28 Market for Imaging Components, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 29 Millimeter Wave-Based RF and Radio Components Market, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 30 Market for Sensors and Controls, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 31 Market for Interface Components, By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 32 Market for Power and Battery Components , By Mobile and Telecom Application, 2014–2023 (USD Million)
Table 33 Market for Antennas and Transceiver Components, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 34 Market for Frequency Sources and Related Components, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 35 Market for Communication and Networking Components, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 36 Market for Imaging Components, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 37 Millimeter Wave-Based RF and Radio Components Market, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 38 Market for Sensors and Controls, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 39 Market for Interface Components, By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 40 Market for Power and Battery Components , By Consumer and Commercial Application, 2014–2023 (USD Million)
Table 41 Market for Antennas and Transceiver Components, By Healthcare Application, 2014–2023 (USD Million)
Table 42 Market for Frequency Sources and Related Components, By Healthcare Application, 2014–2023 (USD Million)
Table 43 Market for Communication and Networking Components, By Healthcare Application, 2014–2023 (USD Million)
Table 44 Market for Imaging Components, By Healthcare Application, 2014–2023 (USD Million)
Table 45 Millimeter Wave-Based RF and Radio Components Market, By Healthcare Application, 2014–2023 (USD Million)
Table 46 Market for Sensors and Controls, By Healthcare Application, 2014–2023 (USD Million)
Table 47 Market for Interface Components, By Healthcare Application, 2014–2023 (USD Million)
Table 48 Market for Power and Battery Components , By Healthcare Application, 2014–2023 (USD Million)
Table 49 Market for Antennas and Transceiver Components, By Industrial Application, 2014–2023 (USD Million)
Table 50 Market for Frequency Sources and Related Components, By Industrial Application, 2014–2023 (USD Million)
Table 51 Market for Communication and Networking Components, By Industrial Application, 2014–2023 (USD Million)
Table 52 Market for Imaging Components, By Industrial Application, 2014–2023 (USD Million)
Table 53 Millimeter Wave-Based RF and Radio Components Market, By Industrial Application, 2014–2023 (USD Million)
Table 54 Market for Sensors and Controls, By Industrial Application, 2014–2023 (USD Million)
Table 55 Market for Interface Components, By Industrial Application, 2014–2023 (USD Million)
Table 56 Market for Power and Battery Components , By Industrial Application, 2014–2023 (USD Million)
Table 57 Market for Antennas and Transceiver Components, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 58 Market for Frequency Sources and Related Components, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 59 Market for Communication and Networking Components, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 60 Market for Imaging Components, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 61 Millimeter Wave-Based RF and Radio Components Market, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 62 Market for Sensors and Controls, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 63 Market for Interface Components, By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 64 Market for Power and Battery Components , By Automotive and Transportation Application, 2014–2023 (USD Million)
Table 65 Market for Antennas and Transceiver Components, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 66 Market for Frequency Sources and Related Components, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 67 Market for Communication and Networking Components, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 68 Market for Imaging Components, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 69 Millimeter Wave-Based RF and Radio Components Market, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 70 Market for Sensors and Controls, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 71 Market for Interface Components, By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 72 Market for Power and Battery Components , By Military, Defense, and Aerospace Application, 2014–2023 (USD Million)
Table 73 Market for Antennas and Transceiver Components, By Imaging Application, 2014–2023 (USD Million)
Table 74 Market for Frequency Sources and Related Components, By Imaging Application, 2014–2023 (USD Million)
Table 75 Market for Communication and Networking Components, By Imaging Application, 2014–2023 (USD Million)
Table 76 Market for Imaging Components, By Imaging Application, 2014–2023 (USD Million)
Table 77 Millimeter Wave-Based RF and Radio Components Market, By Imaging Application, 2014–2023 (USD Million)
Table 78 Market for Sensors and Controls, By Imaging Application, 2014–2023 (USD Million)
Table 79 Market for Interface Components, By Imaging Application, 2014–2023 (USD Million)
Table 80 Market for Power and Battery Components , By Imaging Application, 2014–2023 (USD Million)
Table 81 Market, By Region, 2014–2023 (USD Million)
Table 82 Market in North America, By Country, 2014 –2023 (USD Million)
Table 83 Market in North America, By Product, 2014 – 2023 (USD Million)
Table 84 Market in North America, By Application, 2014 –2023 (USD Million)
Table 85 Market in US, By Product, 2014 –2023 (USD Million)
Table 86 Market in US, By Application, 2014 –2023 (USD Million)
Table 87 Market in Canada , By Product, 2014 –2023 (USD Million)
Table 88 Market in Canada, By Application, 2014 –2023 (USD Million)
Table 89 Market in Mexico, By Product, 2014 –2023 (USD Million)
Table 90 Market in Mexico, By Application, 2014 –2023 (USD Million)
Table 91 Market in Europe, By Country, 2014–2023 (USD Million)
Table 92 Market in Europe, By Product, 2014–2023 (USD Million)
Table 93 Market in Europe, By Application, 2014–2023 (USD Million)
Table 94 Market in UK, By Product, 2014–2023 (USD Million)
Table 95 Market in UK, By Application, 2014 –2023 (USD Million)
Table 96 Market in Germany, By Product, 2014–2023 (USD Million)
Table 97 Market in Germany, By Application, 2014–2023 (USD Million)
Table 98 Market in France, By Product, 2014–2023 (USD Million)
Table 99 Market in France, By Application, 2014 –2023 (USD Million)
Table 100 Market in RoE, By Product, 2014 –2023 (USD Million)
Table 101 Market in RoE, By Application, 2014 –2023 (USD Million)
Table 102 Market in Asia Pacific, By Country, 2014 –2023 (USD Million)
Table 103 Market in Asia Pacific, By Product, 2014 – 2023 (USD Million)
Table 104 Market in Asia Pacific, By Application, 2014 –2023 (USD Million)
Table 105 Market in China, By Product, 2014–2023 (USD Million)
Table 106 Market in China, By Application, 2014–2023 (USD Million)
Table 107 Market in Japan, By Product, 2014–2023 (USD Million)
Table 108 Market in Japan, By Application, 2014–2023 (USD Million)
Table 109 Market in South Korea, By Product, 2014–2023 (USD Million)
Table 110 Market in South Korea, By Application, 2014–2023 (USD Million)
Table 111 Market in India, By Product, 2014–2023 (USD Million)
Table 112 Market in India, By Application, 2014–2023 (USD Million)
Table 113 Market in Rest of APAC By Product, 2014 –2023 (USD Million)
Table 114 Market in Rest of APAC By Application, 2014 –2023 (USD Million)
Table 115 Market in RoW, By Region, 2014–2023 (USD Million)
Table 116 Market in RoW, By Product, 2014 – 2023 (USD Million)
Table 117 Market in RoW, By Application, 2014 –2023 (USD Million)
Table 118 Market in South America, By Product, 2014–2023 (USD Million)
Table 119 Market in South America, By Application, 2014–2023 (USD Million)
Table 120 Market in Middle East & Africa, By Product, 2014–2023 (USD Million)
Table 121 Market in Middle East & Africa, By Application, 2014–2023 (USD Million)
Table 122 10 Most Recent Product Launches in the Market
Table 123 Partnerships, Contracts, and Agreements in the Market

List of Figures (55 Figures)

Figure 1 Millimeter Wave Technology Market: Segmentation
Figure 2 Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 By Market Snapshot, 2014–2023(USD Million)
Figure 8 Millimeter Wave Technology, By Product Type, 2014–2023 (USD Million)
Figure 9 Millimeter Wave Technology, By Frequency Band, 2014–2023 (USD Million)
Figure 10 Millimeter Wave Technology, By License Type, 2014–2023 (USD Million)
Figure 11 Telecommunication Equipment Expected to Witness the Highest CAGR During the Forecast Period
(2017–2023)
Figure 12 Millimeter Wave Technology, By Application
Figure 13 Millimeter Wave Technology, By Component, 2014–2023 (USD Million)
Figure 14 Millimetre Wave Technology Market, By Region (2015)
Figure 15 Market Expected to Witness Rapid Growth Between 2017 and 2023
Figure 16 Telecommunication Equipment to Hold A Major Market Size in the Millimeter Wave Technology Over the Forecast Period
Figure 17 Frequency Band Between 57 GHz and 86 GHz to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 18 Frequency Sources and Related Components to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 19 Mobile and Telecommunication Segment Expected to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 20 Mobile and Telecom Application Led the Market for the Millimeter Wave Technology in 2016
Figure 21 North America Expected to Witness the Highest CAGR for the Millimeter Wave Technology Between 2017 and 2023
Figure 22 Drivers, Restraints, Opportunities, and Challenges for the Millimeter Wave Technology
Figure 23 Mobile Network Connection Speed to Increase Threefold By 2021
Figure 24 Value Chain Analysis
Figure 25 Supply Chain Analysis
Figure 26 Market Segmentation: By Product
Figure 27 Telecommunication Equipment to Witness the Highest CAGR in this Market During the Forecast Period
Figure 28 Subsegments of Millimeter Wave Scanner Systems
Figure 29 Radar and Satellite Communications Systems: Segments
Figure 30 Application-Specific Radar System to Hold the Largest Share of this Market for Radar and Satellite Communication During the Forecast Period
Figure 31 Millimeter Wave Market Segmentation for Frequency Band
Figure 32 Subsegments of Frequency Bands Between 57 GHz and 86 GHz Segment
Figure 33 57 GHz to 86 GHz Frequency Band to Be the Fastest-Growing Market During the Forecast Period
Figure 34 Millimeter Wave Technology Segmentation: License Type
Figure 35 Fully Licensed Type Millimeter Wave to Witness the Highest Growth During the Forecast Period
Figure 36 Millimeter Wave Technology Segmentation: By Application
Figure 37 Mobile & Telecom to Witness the Highest CAGR in this Market During the Forecast Period
Figure 38 Millimeter Wave Technology: By Component
Figure 39 Antennas & Transceiver Components to Witness the Highest CAGR During the Forecast Period
Figure 40 Mobile & Telecom Application to Witness the Highest CAGR in the Millimeter Wave-Based Frequency Sources & Related Components Market During the Forecast Period
Figure 41 Mobile & Telecom Application to Witness the Highest CAGR in the Millimeter Wave-Based RF & Radio Components Market During the Forecast Period
Figure 42 Millimeter Wave Technology: Geographic Snapshot
Figure 43 North America: By Market Snapshot
Figure 44 Europe: By Market Snapshot
Figure 45 Asia Pacific: By Market Snapshot
Figure 46 RoW: By Market Snapshot
Figure 47 Companies in the Millimeter Ave Technology Market Adopted New Product Launches as the Key Growth Strategy Between January 2014 and May 2017
Figure 48 Market Evaluation Framework
Figure 49 Battle for the Market Share
Figure 50 By Market (Global) Competitive Leadership Mapping, 2017
Figure 51 Keysight Technologies, Inc.: Company Snapshot
Figure 52 NEC Corporation: Company Snapshot
Figure 53 Aviat Networks, Inc.: Company Snapshot
Figure 54 Smiths Group PLC.: Company Snapshot
Figure 55 L3 Technologies, Inc.: Company Snapshot

The study involved 4 major activities in estimating the current size of the millimeter wave technology market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both, top-down and bottom-up approaches have been employed to estimate the complete market size. In the subsequent steps, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the millimeter wave technology market begins with capturing data on revenues and unit shipment of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical and commercial study of the market. Moreover, secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the supply chain and value chain of the industry; total pool of key players; classification and segmentation of the market according to industry trends; geographic markets; and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to millimeter wave technology market. Primary sources from the supply side include experts such as CEOs, VPs, marketing directors, technology and innovation directors, application users, and related executives from various key companies and organizations operating in the millimeter wave technology ecosystem.

Millimeter Wave Technology Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches have been used to estimate and validate the overall size of the millimeter wave technology market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:

  • Key players in major applications and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides.

Report Objectives

  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To provide a detailed overview of the value chain analysis at different stages of the market
  • To define, describe, and forecast the market size, in terms of value, on the basis of product, frequency band, license type, application, and component
  • To estimate the market size for components, in terms of volume, for global market
  • To forecast the market size for component, frequency band, product, application, license and geography, in terms of revenue, with regard to four main regions—North America, Europe,
  • Asia Pacific (APAC), and Rest of the World (RoW)
  • To strategically analyze each submarket with respect to the individual growth trends and contribution to the overall market
  • To strategically profile the key players in the market and comprehensively analyze their market shares and core competencies in each segment
  • To analyze the competitive developments such as alliances, joint ventures, and mergers and acquisitions in the global market

This report categorizes the millimeter wave technology market based on product, frequency band, license type, application, component, and region.

Market, by Deployment:

  • Scanner Systems
    • Active Systems
    • Passive Systems
  • Radar & Satellite Communication Systems
    • Perimeter Surveillance Radar Systems
    • Application-Specific Radar Systems
    • Satellite Communication Systems
  • Telecommunication Equipment
    • Small-Cell Equipment
    • Macro-Cell Equipment

By Frequency Band:

  • Band Between 24 GHz and 57 GHZ
  • Band Between 57 GHz and 86 GHZ
    • E-Band
    • V-Band
  • Band Between 86 GHz and 300 GHZ

By License Type:

  • Light Licensed Frequency Millimeter Wave
  • Unlicensed Frequency Millimeter Wave
  • Fully Licensed Frequency Millimeter Wave

By Application:

  • Mobile and Telecom
    • 5G Cellular (Inception in 2020)
  • Consumer and Commercial
  • Healthcare
  • Industrial
  • Automotive and Transportation
    • Autonomous Vehicle
  • Military, Defense, and Aerospace
  • Imaging

By Component:

  • Antennas and Transceiver Components
  • Frequency Sources and Related Components
  • Communication and Networking Components
  • Imaging Components
  • RF and Radio Components
  • Sensors and Controls
  • Interface Components
  • Power and Battery Components

By Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • RoW
    • Middle East & Africa
    • South America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Further breakdown of each product with respect to key regions and countries
  • Further breakdown of the product segment, product by application
  • Further breakdown of the product segment, product by region
  • Impact of 5G
  • Millimeter waves in military, aerospace, and defense sector—trends and developments

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 3472
Published ON
Jul, 2017
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