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Millimeter-wave Technology Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Millimeter-wave Technology Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Millimeter-wave Technology Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 12 Dec 2019
  • Report ID:ICT&S 0021
  • Pages:161
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Millimeter-wave (MV) technology is a particular type of electromagnetic wave technology. It is a mature technology and has recently been adopted in various applications across industries. From the perspective of wireless communication, the millimeter-wave generally occupies frequency range between 30 GHz to 300 GHz. It is rapidly adopted for users ranging from enterprise-level data centers to single consumers with smartphones requiring higher bandwidth, the demand for newer technologies to deliver these higher data transmission rates is more significant than ever before. According to a study published by Insure Insights, the global millimeter-wave technology market is anticipated to grow at a CAGR of 39.8% during the forecast period.

Top Driver: Rising Mobile Data Traffic and Growing Demand for Bandwidth-Intensive Applications

The global millimeter wave technology market is anticipated to witness a significant growth over the forecast period. Factors driving the growth of the global millimeter wave technology market are, rising mobile data traffic and growing demand for bandwidth-intensive applications. Besides, increasing demand for the high-speed data connectivity, and high potential usage of millimeter wave technology in consumer electronics application is also expected to propel the market.

However, restraining the growth of the millimeter wave technology market are environmental concerns and limited range. The non-uniform licensing approach is creating a significant challenge for the growth of millimeter wave technology market

Telecommunications to Make Crucial Contribution to Growth of the Market

Among application segments of the global millimeter-wave technology market, Telecommunications is predicted to show significant growth in future. The automotive and transport segment held the largest market share owing to the increasing technological advancements in the region. Other major segments in the application include Healthcare, Military & Defense, Electronics & Semiconductor, Security on the basis of product the market can be segmented into Telecommunication Equipment, Imaging and Scanning Systems, Radar & Satellite Communication Systems.

Rising Investments in Adoption Of Milimeter-Wave Technology to Benefit North America Market

The North America region is estimated to gain the largest share in the forecast period. The market’s growth is mainly due to the increased adoption of millimeter wave technology in the mobile and telecom application. The fragmented presence of the industries would help the industry propel in the next few years. Furthermore, increase in the investments over the adoption of the Milimeter Wave Technology is expected to help the industry attain higher revenue shares in the next coming years.

Players to Focus on Milimeter-Wave Technology Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Axxcss Wireless Solutions, Keysight Technologies, NEC Corporation, Eravant, Siklu Communication, Aviat Networks, Farran Technologies, L3HARRIS, Smiths Group, Millimeter Wave Products among others could be at the forefront of the competition in the global market.

MACOM: In December 2013, M/A-COM Technology Solutions Holdings, Inc., a leading supplier of high performance RF, microwave, and millimeter wave products, today announced that it has successfully completed its previously announced tender offer to purchase all outstanding shares of common stock of Mindspeed Technologies, Inc. for $5.05 per share in cash. As such, MACOM intends to complete the acquisition of Mindspeed through a merger under Section 251(h) of the Delaware General Corporation Law.

Airspan Networks:  In November 2018, Airspan Networks, provider of the Magic Box for Sprint had acquired Mimosa Networks for an undisclosed sum. The deal strengthens its leadership in 5G network infrastructures, leveraging the combined teams’ technologies and products, sales channels and customer base. It also boosts Airspan’s existing North American presence with an engineering center in Silicon Valley. Airspan’s head office is in Boca Raton, Florida.

Scope of the Report

By Product

  • Telecommunication Equipment
  • Imaging and Scanning Systems
  • Radar & Satellite Communication Systems

By Application

  • Automotive & Transport
  • Healthcare
  • Telecommunications
  • Military & Defense
  • Electronics & Semiconductor
  • Security

By Frequency Bands

  • V-Band
  • E-Band
  • Other Frequency Bands

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.


Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Millimeter-wave Technology Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Millimeter-wave Technology Market -Industry Snapshots

6.1             Overview

6.1.1          Global Millimeter-wave Technology Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Millimeter-wave Technology Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Millimeter-wave Technology Market- By Product

7.2.1          Millimeter-wave Technology Market- Telecommunication Equipment

7.2.2          Millimeter-wave Technology Market- Imaging and Scanning Systems

7.2.3          Millimeter-wave Technology Market- Radar & Satellite Communication Systems

Chapter 8           Global Millimeter-wave Technology Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Millimeter-wave Technology Market- By Application

8.2.1          Millimeter-wave Technology Market- Automotive & Transport

8.2.2          Millimeter-wave Technology Market- Healthcare

8.2.3          Millimeter-wave Technology Market- Telecommunications

8.2.4          Millimeter-wave Technology Market- Military & Defense

8.2.5          Millimeter-wave Technology Market- Electronics & Semiconductor

8.2.6          Millimeter-wave Technology Market- Security

Chapter 9           Global Millimeter-wave Technology Market Analysis, by Frequency Bands

9.1             Overview

9.2             Key Findings for Millimeter-wave Technology Market- By Frequency Bands

9.2.1          Millimeter-wave Technology Market- V-Band

9.2.2          Millimeter-wave Technology Market- E-Band

9.2.3          Millimeter-wave Technology Market- Others

Chapter 10       Millimeter-wave Technology Market Analysis by Region

10.1           Key Findings for Millimeter-wave Technology Market- By region

10.2           Overview

10.2.1       Global Millimeter-wave Technology Market Analysis, By Product, 2019 – 2028

10.2.2       Global Millimeter-wave Technology Market Analysis, By Application, 2019 – 2028

10.2.3       Global Millimeter-wave Technology Market Analysis, By Frequency Bands, 2019 – 2028

10.3           Millimeter-wave Technology Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Product

10.3.6       North America Market, By Application

10.3.7       North America Market, By Frequency Bands

10.4           Millimeter-wave Technology Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Product

10.4.8       Europe Market, By Application

10.4.9       Europe market by, Frequency Bands

10.5           Millimeter-wave Technology Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Product

10.5.7       Asia Pacific Market, By Application

10.5.8       Asia Pacific Market, By Frequency Bands

10.6           Millimeter-wave Technology Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Product

10.6.6       South America, Middle East and Africa Market, By Application

10.6.7       South America, Middle East and Africa Market, By Frequency Bands

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Axxcss Wireless Solutions

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Keysight Technologies

12.3           NEC Corporation

12.4           Eravant

12.5           Siklu Communication

12.6           Aviat Networks

12.7           Farran Technologies

12.8           L3HARRIS

12.9           Smiths Group

12.10        Millimeter Wave Products

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

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