Millimeter wave technology is an electromagnetic spectrum with the range of wavelengths between 10 millimeters and 1 millimeter. Millimeter waves are longer than the infrared rays or X-rays and shorter than radio waves or microwaves.
The increase in the demand for bandwidth-intensive applications paired with the growth in mobile data traffic has widely proliferated the millimeter wave technology market. However, the adverse impact on environment has impeded the growth of the market. The emerging adoption of millimeter wave for 5G technology is expected to create new growth avenues for the market.
The millimeter wave technology market is segmented based on product, frequency band, application, and geography. Scanner systems, radar & satellite communications systems, and telecommunication equipment are analyzed in the segmentation by product. Further, the millimeter wave technology market is segmented by frequency band into 24-57 GHz, 57-86 GHz, and 86-300GHz. Based on application, the market is sub-divided into mobile & telecom, consumer & commercial, healthcare, industrial, automotive & transportation, aerospace & defense, imaging, and others. Geographically, the millimeter wave technology market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.
The key market players operating in the millimeter wave technology market include Bridgewave Communications, Inc., Keysight Technologies, NEC Corporation, Sage Millimeter Inc., Siklu Communication Ltd., Aviat Networks, Inc., Farran Technology, Millimeter Wave Products, Inc., Millivision Technologies, and Vubiq Networks, Inc. among others.
MILLIMETER WAVE TECHNOLOGY MARKET SEGMENTS
Market By Product
• Scanner systems
• Radar & satellite communications systems
• Telecommunication equipment
Market By Frequency Band
• 24-57 GHz
• 57-86 GHz
• 86-300GHz
Market By Application
• Mobile & telecom
• Consumer & commercial
• Healthcare
• Industrial
• Automotive & transportation
• Aerospace & defense
• Imaging
• Others
Market By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
KEY PLAYERS
• Bridgewave Communications, Inc.
• Keysight Technologies
• NEC Corporation
• Sage Millimeter Inc.
• Siklu Communication Ltd.
• Aviat Networks, Inc.
• Farran Technology
• Millimeter Wave Products, Inc.
• Millivision Technologies
• Vubiq Networks, Inc.
Global Millimeter Wave Technology Market Forecast - Global Millimeter Wave Technology Market Growth, Market Trends and Forecast
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