Millimeter Wave Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Choose License

Report Code: ZMR-1913 | Report Format : | Status : Upcoming |

Abstract

Global Millimeter Wave Technology Market: Overview

A special type of electromagnetic wave technology is known as millimeter wave technology. It is in the recent years that this mature technology has been widely adopted by several applications across the industrial sectors. In the wireless communication, the millimeter wave commonly occupies the frequency range between 30 to 300 GHz.

Global Millimeter Wave Technology Market: Segmentation

The global market for millimeter wave technology is fragmented into license, product, application, and frequency band. Depending on the license, the global market is segregated into full license, light license, and unlicensed. Depending on the product, the market is categorized into scanner system, telecommunication equipment, and radar & satellite communication system. Depending on the application, the market is divided into healthcare, aerospace & defense, consumer electronics, telecommunication, military, and automotive & transportation. Depending on the frequency band, the market is bifurcated into 58 to 86 GHz, 8 to 57 GHz, and 87 to 300 GHz band frequencies.

Global Millimeter Wave Technology Market: Growth Factors

In the coming years, the global market for the millimeter wave technology will witness a rapid market growth. The factors that will be contributing to this market growth will be the rise in the demand for the data connectivity that is of high speed, increase the traffic of mobile, the rise in the demand for the bandwidth intensive applications, and in the consumer electronics application the increased usage of the millimeter wave technology. The technological advancements that will be made will encourage the adoption of the millimeter wave technology in several industry verticals which will include telecommunication, aerospace, defense, healthcare, and automobiles, thus triggering the growth opportunities of the market in the future years. On the other hand, the major factor that will limit the growth of the millimeter wave technology market includes the increase in the environmental concerns and the restricted range. A major hindrance is being created by the non-uniform licensing approach in the millimeter wave technology market

Global Millimeter Wave Technology Market: Regional Analysis

The geographical diversification of the market for millimeter wave technology is given as the Middle East & Africa, Western Europe, Eastern Europe, North America, Latin America, and Asia Pacific. The market for millimeter wave technology is dominated by North America and will retain this dominance in the coming years too. The market growth, especially in the U.S., will be significant due to the increase in the applications of the millimeter wave technology in the industry of mobile & telecommunication.

Global Millimeter Wave Technology Market: Competitive Players

The key market players that are involved in the millimeter wave technology include Keysight Technologies Inc., MI-Wave Inc., Siklu Communication Ltd., Millitech Inc., Bridgewave Communications, Inc., Keysight Technologies, and others.

Global Millimeter Wave Technology Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Nanophotonics Market by Product (LED, OLED, NFO, Photovoltaic Cells, Optical Amplifier, Optical Switches, Holographic Data Storage System and Others) for Consumer Electronics, Material Science, Non Visible Wavelength Instruments, Non Visual Applications, Indicators and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022

Feb-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2615 | Report Format:

The report covers forecast and analysis for the nanophotonics market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the nanophotonics market along wi...Read More

Home Automation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2582 | Report Format:

Global Home Automation Market: Overview The rising requirement for functions such as the exceptional experience provided by smart home automation and convenience of remote operation is expected to boost the global home automation market. This industry is anticipated to see an elevation in share ...Read More

Solar Street Lighting Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2580 | Report Format:

Solar Street Lighting Market: Overview One type of lighting mechanism that excludes the regular power supply of electricity and functions completely on the solar energy is termed as solar lighting systems. Thus, its application can be broadly classified, one of the top and highest demand applica...Read More

Mobile TV Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2579 | Report Format:

Global Mobile TV Market: Overview A mobile TV is a TV that is accessible on mobile devices like tablets or smartphones. Mobile TV provides both pay TV and free-to-air TV services. Pay TV is provided through a provider of cell phone network whereas free-to-air TV service is provided from global t...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry