The global millimeter wave technology market is expected to grow at a CAGR of around 25.9% during 2024-2033. This report on global millimeter wave technology market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global millimeter wave technology market by segmenting the market based on component, product, frequency band, license type, application, and region. Also, detailed profiles of companies operating in the millimeter wave technology market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Usage in Consumer Electronics
• Rising Demand from Radar and Security Application
• Growing Penetration of Wireless Communication Technologies and E-computing Services
Market Challenges
• Delay in Standardization Spectrum
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Component
• Antennas and Transceivers
• Amplifiers
• Oscillators
• Control Devices
• Frequency Converters
• Passive Components
• Others
Market by Product
• Telecommunication Equipment
• Imaging and Scanning Systems
• Radar and Satellite Communication Systems
• Services
Market by Frequency Band
• 30 GHz - 57 GHz
• 57 GHz - 96 GHz
• 96 GHz -300 GHz
Market by License Type
• Light Licensed Frequency Millimeter Wave
• Unlicensed Frequency Millimeter Wave
• Fully Licensed Frequency Millimeter Wave
Market by Application
• Telecommunication
• Military and Defense
• Automotive and Transport
• Healthcare
• Electronics and Semiconductor
• Others
Market by Region
• Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
• North America
- United States
- Canada
• Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
• Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
• Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa