Millimeter wave technology is also referred as MMW, Eband,
Vband or millimeter-wave. Millimeter waves, also called as extremely high
frequencies (EHF), are a radio frequency band which is well suited for 5G
networks. Compared to frequencies below 5 GHz, earlier used by mobile devices,
millimeter wave technology allows transmission at frequencies between 30 GHz
and 300 GHz and these frequencies are known as millimeter waves as they have
wavelengths between 1 mm and 10 mm, while the wavelengths of Radio waves presently
used by smartphones are generally several dozen centimeters. The rising telecom
infrastructural deployments on account of the rising demand for high-speed
networks in the residential and commercial sectors represent one of the major
factors enhancing the market growth. Furthermore, with the integration of MMW
technology in radio and satellite communication systems which plays an integral
role in national security, the security processes have become more efficient
and reliable. This, coupled with the increasing penetration of wireless
communication technologies and e-computing services, is acting as another
factor driving the millimeter wave technology market. Additionally,
millimeter-wave therapy (MWT) is used for treating several diseases, such as
cardiovascular and gastrointestinal ailments, dermatitis, diabetes and
depression, which, in turn, is also augmenting the millimeter wave technology market
growth. Moreover, on account of the rising internet usage and the surging requirement
for bandwidth and speed-boosting technologies, the leading players are emphasizing
on introducing millimeter wave technology to meet the capacity needs of 5G
networks. In
addition to this the military and aerospace utilize millimeter wave technology
in segments such as radar and satellite communications, which are majorly
deployed by the military in combat scenarios. The telecommunication sector utilizes
millimeter wave technology for transmitting the data over long distances.
However, the factors restraining the market growth are limited penetration
power and negative impact on the environment.
In
addition to this, there is an increase in the demand for millimeter wave technology market in
unmanned vehicles, due to the change in preference of consumers from usual cars
to smart driver’s assistant cars, which help automatic parking, GPS navigation,
braking, blind spot detection collision avoidance system, and others. Since,
such advantages can be empowered only with the integration of millimeter wave
technology.
The
global Millimeter Wave Technology Market is segregated on the basis of Product as
Telecommunication Equipment, Imaging and Scanning Systems and Radar &
Satellite Communication Systems. Based on Component the global Millimeter Wave
Technology Market is segmented in Antennas & Transceivers, Amplifiers, Oscillators,
Control Devices, Frequency Converters, Passive Components and Others. Based on Application
the global Millimeter Wave Technology Market is segmented in Telecommunications,
Military & Defense, Automotive & Transport, Healthcare, Electronics
& Semiconductor and Security. Based on Frequency Band the global Millimeter
Wave Technology Market is segmented in V-Band, E-Band and Other Frequency Bands.
The
global Millimeter Wave Technology Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The Millimeter Wave Technology Market for each region is further
segmented for major countries including the U.S., Canada, Germany, the U.K.,
France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Anokiwave,
Aviat Networks, Axxcss Wireless Solutions, Cablefree, Cambium Networks and
others are among the major players in the global Millimeter Wave Technology
Market. The companies studied in terms of product strategy and various n
several growth and expansion strategies to gain a competitive edge in the
market. The major players not only follow value chain integration with business
operations in multiple stages of the value chain.
- In March
2020, Eravant introduced custom waveguide solutions ranging from customized
waveguide sections and flanges.
- In March
2020, Keysight and VIOMI, developer of IoT@Home, entered into a partnered
to propel 5G enabled IoT smart home. VIOMI choosen Keysight's 5G solutions to authenticate
the radio frequency (RF) performance of the company's IoT devices for home
applications.
- In
January 2020, NEC and Altiostar, the global leader in offering 5G-ready, open,
virtualized RAN (vRAN) solutions, entered into a partnership to fasten the
deployment of 4G/5G open vRAN solutions. The combined offering will support
service providers to enhance the quality of experience, improve spectral
efficiency, and majorly reduce the total cost of ownership (TCO).
- In
January 2020, NEC developed a millimeter-wave distributed antenna radio unit
for the efficient use of the 5G millimeter-wave spectrum (28 GHz band), therefore
enhancing the channel quality for indoor 5G applications.
The global Millimeter Wave Technology Market has
been segmented as below:
Millimeter
Wave Technology Market, By Product
- Telecommunication Equipment
- Imaging and Scanning Systems
- Radar & Satellite Communication
Systems
Millimeter
Wave Technology Market, By Component
- Antennas & Transceivers
- Amplifiers
- Oscillators
- Control Devices
- Frequency Converters
- Passive Components
- Others
Millimeter
Wave Technology Market, By Application
- Telecommunications
- Military & Defense
- Automotive & Transport
- Healthcare
- Electronics & Semiconductor
- Security
Millimeter
Wave Technology Market, By Frequency Band
- V-Band
- E-Band
- Other Frequency Bands
Millimeter
Wave Technology Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Millimeter
Wave Technology Market, By Company
- Anokiwave
- Aviat Networks
- Axxcss Wireless Solutions
- Cablefree
- Cambium Networks
- Elva-1
- Eravant
- Farran Technology
- Fastback Networks
- Ignitenet
- Kratos Defense & Security
Solutions
- Kyocera
- L3Harris
- Lightpointe Communications, Inc.
- Millimeter Wave Products Inc.
- NEC Corporation
- Nuctech
- Proxim Wireless
The
report covers the below scope:
- Global Millimeter Wave Technology
Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Millimeter Wave Technology
Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering participants
from raw material suppliers to the downstream buyer in the global Millimeter
Wave Technology Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Millimeter Wave Technology Market report
scope includes detailed study covering underlying factors influencing the
industry trends. The report covers analysis on regional and country level
market dynamics. The scope also covers competitive overview providing company
market shares along with company profiles for major revenue contributing
companies. The report scope includes detailed competitive outlook covering
market shares and profiles key participants in the global Millimeter Wave
Technology Market share. Major industry players with significant revenue share
include Anokiwave, Aviat Networks, Axxcss Wireless
Solutions, Cablefree, Cambium Networks
and others.
Why to
Buy this Report:
- Gain detailed insights on the Millimeter Wave Technology industry trends
- Find complete analysis on the
market status
- Identify the Millimeter Wave
Technology Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial Institutions
Free
and Paid Customization based on the requirement