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Millimeter Wave Technology-Global Market Insights and Sales Trends 2025
Synopsis
Millimeter-wave is an electromagnetic wave with a wavelength of 1-10mm, which is called millimeter-wave.
The global Millimeter Wave Technology market size is expected to reach US$ 3182 million by 2029, growing at a CAGR of 20.6% from 2023 to 2029. The market is mainly driven by the significant applications of Millimeter Wave Technology in various end use industries. The expanding demands from the Communication, Medical, Automobile and Military, are propelling Millimeter Wave Technology market. 24GHz - 57GHz, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 57GHz - 86GHz segment is estimated at % CAGR for the next seven-year period.
United States is expected to hold the largest share of the millimeter wave technology market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Millimeter Wave Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Millimeter Wave Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Millimeter Wave Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Millimeter Wave Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Millimeter Wave Technology covered in this report include Bridgewave Communications, Keysight Technologies, NEC, Sage Millimeter, Siklu Communication, Aviat Networks, Farran Technology, Millimeter Wave Products and Millivision Technologies, etc.
The global Millimeter Wave Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgewave Communications
Keysight Technologies
NEC
Sage Millimeter
Siklu Communication
Aviat Networks
Farran Technology
Millimeter Wave Products
Millivision Technologies
Vubiq Networks
E-Band Communications
Smiths Group
L3 Technologies
Proxim Wireless
Global Millimeter Wave Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Millimeter Wave Technology market, Segment by Type:
24GHz - 57GHz
57GHz - 86GHz
86GHz - 300GHz
Global Millimeter Wave Technology market, by Application
Communication
Medical
Automobile
Military
Imaging
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Millimeter Wave Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Millimeter-wave is an electromagnetic wave with a wavelength of 1-10mm, which is called millimeter-wave.
The global Millimeter Wave Technology market size is expected to reach US$ 3182 million by 2029, growing at a CAGR of 20.6% from 2023 to 2029. The market is mainly driven by the significant applications of Millimeter Wave Technology in various end use industries. The expanding demands from the Communication, Medical, Automobile and Military, are propelling Millimeter Wave Technology market. 24GHz - 57GHz, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 57GHz - 86GHz segment is estimated at % CAGR for the next seven-year period.
United States is expected to hold the largest share of the millimeter wave technology market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Millimeter Wave Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Millimeter Wave Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Millimeter Wave Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Millimeter Wave Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Millimeter Wave Technology covered in this report include Bridgewave Communications, Keysight Technologies, NEC, Sage Millimeter, Siklu Communication, Aviat Networks, Farran Technology, Millimeter Wave Products and Millivision Technologies, etc.
The global Millimeter Wave Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgewave Communications
Keysight Technologies
NEC
Sage Millimeter
Siklu Communication
Aviat Networks
Farran Technology
Millimeter Wave Products
Millivision Technologies
Vubiq Networks
E-Band Communications
Smiths Group
L3 Technologies
Proxim Wireless
Global Millimeter Wave Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Millimeter Wave Technology market, Segment by Type:
24GHz - 57GHz
57GHz - 86GHz
86GHz - 300GHz
Global Millimeter Wave Technology market, by Application
Communication
Medical
Automobile
Military
Imaging
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Millimeter Wave Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Millimeter Wave Technology
1.1 Millimeter Wave Technology Market Overview
1.1.1 Millimeter Wave Technology Product Scope
1.1.2 Millimeter Wave Technology Market Status and Outlook
1.2 Global Millimeter Wave Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Millimeter Wave Technology Market Size by Region (2018-2029)
1.4 Global Millimeter Wave Technology Historic Market Size by Region (2018-2023)
1.5 Global Millimeter Wave Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Millimeter Wave Technology Market Size (2018-2029)
1.6.1 North America Millimeter Wave Technology Market Size (2018-2029)
1.6.2 Europe Millimeter Wave Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Millimeter Wave Technology Market Size (2018-2029)
1.6.4 Latin America Millimeter Wave Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Millimeter Wave Technology Market Size (2018-2029)
2 Millimeter Wave Technology Market by Type
2.1 Introduction
2.1.1 24GHz - 57GHz
2.1.2 57GHz - 86GHz
2.1.3 86GHz - 300GHz
2.2 Global Millimeter Wave Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Millimeter Wave Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Millimeter Wave Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Millimeter Wave Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Millimeter Wave Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Millimeter Wave Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Millimeter Wave Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Millimeter Wave Technology Revenue Breakdown by Type (2018-2029)
3 Millimeter Wave Technology Market Overview by Application
3.1 Introduction
3.1.1 Communication
3.1.2 Medical
3.1.3 Automobile
3.1.4 Military
3.1.5 Imaging
3.1.6 Other
3.2 Global Millimeter Wave Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Millimeter Wave Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Millimeter Wave Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Millimeter Wave Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Millimeter Wave Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Millimeter Wave Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Millimeter Wave Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Millimeter Wave Technology Revenue Breakdown by Application (2018-2029)
4 Millimeter Wave Technology Competition Analysis by Players
4.1 Global Millimeter Wave Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Millimeter Wave Technology as of 2022)
4.3 Date of Key Players Enter into Millimeter Wave Technology Market
4.4 Global Top Players Millimeter Wave Technology Headquarters and Area Served
4.5 Key Players Millimeter Wave Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Millimeter Wave Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Bridgewave Communications
5.1.1 Bridgewave Communications Profile
5.1.2 Bridgewave Communications Main Business
5.1.3 Bridgewave Communications Millimeter Wave Technology Products, Services and Solutions
5.1.4 Bridgewave Communications Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.1.5 Bridgewave Communications Recent Developments
5.2 Keysight Technologies
5.2.1 Keysight Technologies Profile
5.2.2 Keysight Technologies Main Business
5.2.3 Keysight Technologies Millimeter Wave Technology Products, Services and Solutions
5.2.4 Keysight Technologies Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.2.5 Keysight Technologies Recent Developments
5.3 NEC
5.3.1 NEC Profile
5.3.2 NEC Main Business
5.3.3 NEC Millimeter Wave Technology Products, Services and Solutions
5.3.4 NEC Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.3.5 Sage Millimeter Recent Developments
5.4 Sage Millimeter
5.4.1 Sage Millimeter Profile
5.4.2 Sage Millimeter Main Business
5.4.3 Sage Millimeter Millimeter Wave Technology Products, Services and Solutions
5.4.4 Sage Millimeter Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.4.5 Sage Millimeter Recent Developments
5.5 Siklu Communication
5.5.1 Siklu Communication Profile
5.5.2 Siklu Communication Main Business
5.5.3 Siklu Communication Millimeter Wave Technology Products, Services and Solutions
5.5.4 Siklu Communication Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Siklu Communication Recent Developments
5.6 Aviat Networks
5.6.1 Aviat Networks Profile
5.6.2 Aviat Networks Main Business
5.6.3 Aviat Networks Millimeter Wave Technology Products, Services and Solutions
5.6.4 Aviat Networks Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.6.5 Aviat Networks Recent Developments
5.7 Farran Technology
5.7.1 Farran Technology Profile
5.7.2 Farran Technology Main Business
5.7.3 Farran Technology Millimeter Wave Technology Products, Services and Solutions
5.7.4 Farran Technology Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.7.5 Farran Technology Recent Developments
5.8 Millimeter Wave Products
5.8.1 Millimeter Wave Products Profile
5.8.2 Millimeter Wave Products Main Business
5.8.3 Millimeter Wave Products Millimeter Wave Technology Products, Services and Solutions
5.8.4 Millimeter Wave Products Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.8.5 Millimeter Wave Products Recent Developments
5.9 Millivision Technologies
5.9.1 Millivision Technologies Profile
5.9.2 Millivision Technologies Main Business
5.9.3 Millivision Technologies Millimeter Wave Technology Products, Services and Solutions
5.9.4 Millivision Technologies Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.9.5 Millivision Technologies Recent Developments
5.10 Vubiq Networks
5.10.1 Vubiq Networks Profile
5.10.2 Vubiq Networks Main Business
5.10.3 Vubiq Networks Millimeter Wave Technology Products, Services and Solutions
5.10.4 Vubiq Networks Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Vubiq Networks Recent Developments
5.11 E-Band Communications
5.11.1 E-Band Communications Profile
5.11.2 E-Band Communications Main Business
5.11.3 E-Band Communications Millimeter Wave Technology Products, Services and Solutions
5.11.4 E-Band Communications Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.11.5 E-Band Communications Recent Developments
5.12 Smiths Group
5.12.1 Smiths Group Profile
5.12.2 Smiths Group Main Business
5.12.3 Smiths Group Millimeter Wave Technology Products, Services and Solutions
5.12.4 Smiths Group Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.12.5 Smiths Group Recent Developments
5.13 L3 Technologies
5.13.1 L3 Technologies Profile
5.13.2 L3 Technologies Main Business
5.13.3 L3 Technologies Millimeter Wave Technology Products, Services and Solutions
5.13.4 L3 Technologies Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.13.5 L3 Technologies Recent Developments
5.14 Proxim Wireless
5.14.1 Proxim Wireless Profile
5.14.2 Proxim Wireless Main Business
5.14.3 Proxim Wireless Millimeter Wave Technology Products, Services and Solutions
5.14.4 Proxim Wireless Millimeter Wave Technology Revenue (US$ Million) & (2018-2023)
5.14.5 Proxim Wireless Recent Developments
6 North America
6.1 North America Millimeter Wave Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Millimeter Wave Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Millimeter Wave Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Millimeter Wave Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Millimeter Wave Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Millimeter Wave Technology Market Dynamics
11.1 Millimeter Wave Technology Industry Trends
11.2 Millimeter Wave Technology Market Drivers
11.3 Millimeter Wave Technology Market Challenges
11.4 Millimeter Wave Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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