Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), Frequency Band, License Type, Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), and Geography - Global Forecast to 2023

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Date: 13-Jul-2017
No. of pages: 179
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“The global millimeter wave technology market is expected to grow at a CAGR of 35.2% between 2017 and 2023”

The millimeter wave technology market is expected to be worth USD 2,302.6 million by 2023, growing at a CAGR of 35.2% between 2017 and 2023. The growing mobile data traffic and demand for bandwidth-intensive applications, increasing usage of millimeter wave in small-cell backhaul networks, rising demand for innovative applications in radar and security, and high potential for the use of millimeter wave technology in consumer electronics are among the major factors driving the growth of this market. However, the increase in the number of towers and other equipment leads to large-scale deforestation also result in high fuel consumption and radiation, thus impacting the environment. This is expected to limit the market growth over the next few years.

“The global millimeter wave technology market for mobile and telecom applications held the largest market share in 2016”

The global millimeter wave technology market for mobile and telecom applications held the largest market share in 2016. This is attributed to the need for high bandwidth to serve new and existing subscribers using extensive mobile data. Also, the components used for infrastructure in the testing of the 5G technology, primarily by AT&T and Verizon, are based on millimeter wave technology.

“Telecommunication equipment market is expected to witness significant growth between 2017 and 2023”

The market for telecommunication equipment is expected to grow significantly during the forecast period owing to the growing use of millimeter wave technology-based components in the 5G infrastructure, which is anticipated to be commercialized in the later phase of the forecast period. The telecom infrastructure primarily includes small cell mobile backhaul, which is a key product in telecom equipment.

“North America held the largest market share in 2016 and is expected to exhibit considerable growth during the forecast period”

North America is expected to hold the largest share of the millimeter wave technology market during the forecast period. The increasing demand from mobile and telecom, imaging, military, defense, and aerospace application is expected to drive the growth of the millimeter wave technology market in North America. Research & development as well as beta testing of autonomous vehicles, primarily in the US, is expected to provide growth avenues in the region.

Break-up of the profiles of primary participants:


  • By Company Type: Tier 1 – 52 %, Tier 2 – 21%, and Tier 3 – 27%

  • By Designation: C-Level Executives – 33%and Manager Level– 67%,

  • By Region: North America –40%, Europe – 18%, APAC – 27%, and Rest of the World – 15%


The report includes the competitive landscape of the market for prominent players including Bridge Wave Communications, Inc. (US), E-Band Communications, LLC (US), Keysight Technologies, Inc. (US), NEC Corp. (Japan), SAGE Millimeter, Inc. (US), Siklu Communication, Ltd. (Israel), Aviat Networks, Inc. (Singapore), Farran Technology Ltd. (Ireland), Millimeter Wave Products, Inc. (US), Millivision Technologies (US), Vubiq Networks, Inc. (US) Smiths Group Plc. (UK), L3 Technologies, Inc. (US), ELVA-1 (Sweden), and Proxim Wireless (US).

Research Coverage:

This research report categorizes the global millimeter wave technology market on the basis of product, frequency band, license type, application, component, and geography. The report discusses the major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.

Reasons to Buy the Report

The report would help leaders/new entrants in this market in the following ways:


  • This report segments the millimeter wave technology market comprehensively and provides the closest market size estimation for sub segments across different regions.

  • The report would help stakeholders understand the pulse of the market and provide them the information on key drivers, restraints, challenges, and opportunities for market growth.

  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, contracts, alliances, and collaborations.

Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), Frequency Band, License Type, Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), and Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Millimeter Wave Technology Market
4.2 Millimeter Wave Technology Market, By Product Type (2017 –2023)
4.3 Millimeter Wave Technology Market, By Frequency Band (2017–2023)
4.4 Millimeter Wave Technology Market, By Component (2017–2023)
4.5 Millimeter Wave Technology Market, By Application (2017–2023)
4.6 Millimeter Wave Technology Market, By Product and By Application
4.7 Millimeter Wave Technology Market, By Geography (2017–2023)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Mobile Data Traffic and Demand for Bandwidth-Intensive Applications
5.2.1.2 Increasing Usage of Millimeter Wave in Small-Cell Backhaul Networks
5.2.1.3 Increasing Demand for Innovative Applications in Radar and Security Applications
5.2.1.4 High Potential for the Use of Millimeter Wave Technology in Consumer Electronics
5.2.2 Restraints
5.2.2.1 Adverse Impact on the Environment
5.2.3 Opportunities
5.2.3.1 Potential Use of Millimeter Wave for 5G Technology
5.2.3.2 Wide Scope in the Military, Defense, Aerospace, and Satellite Communication Applications
5.2.3.3 Use of Millimeter Wave in Autonomous Vehicles
5.2.3.4 Availability of Unallocated Spectrum Above 30 GHz
5.2.4 Challenges
5.2.4.1 Limited Range of Millimeter Wave
5.2.4.2 Fragmented and Non-Uniform Licensing Approach Across the Globe
5.3 Value Chain Analysis
5.4 Supply Chain Analysis
5.4.1 Key Influencers

6 Millimeter Wave Technology Market, By Product
6.1 Introduction
6.2 Scanner Systems
6.2.1 Active Systems
6.2.2 Passive Systems
6.3 Radar and Satellite Communications Systems
6.3.1 Perimeter Surveillance Radar Systems
6.3.2 Application-Specific Radar Systems
6.3.3 Satellite Communication Systems
6.4 Telecommunication Equipment
6.4.1 Mobile Backhaul Equipment
6.4.1.1 Small-Cell Equipment
6.4.1.2 Macrocell Equipment

7 Millimeter Wave Technology Market, By Frequency Band
7.1 Introduction
7.2 Band Between 24 GHz and 57 GHz
7.3 Band Between 57 GHz and 86 GHz
7.3.1 E-Band
7.3.2 V-Band
7.4 Band Between 86 GHz and 300 GHz

8 Millimeter Wave Technology Market, By License Type
8.1 Introduction
8.2 Light Licensed Frequency Millimeter Wave
8.3 Unlicensed Frequency Millimeter Wave
8.4 Fully Licensed Frequency Millimeter Wave

9 Millimeter Wave Technology Market, By Application
9.1 Introduction
9.2 Mobile and Telecom
9.2.1 5G Cellular (Inception in 2020/2021)
9.3 Consumer and Commercial
9.4 Healthcare
9.5 Industrial
9.6 Automotive and Transportation
9.6.1 Autonomous Vehicle
9.7 Military, Defense, and Aerospace
9.8 Imaging

10 Millimeter Wave Technology Market, By Component
10.1 Introduction
10.2 Antennas and Transceiver Components
10.3 Frequency Sources and Related Components
10.4 Communication and Networking Components
10.5 Imaging Components
10.6 RF and Radio Components
10.7 Sensors and Controls
10.8 Interface Components
10.9 Power and Battery Components

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 South Korea
11.4.4 India
11.4.5 Rest of Asia Pacific
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East & Africa

12 Competitive Landscape
12.1 Introduction
12.2 Competitive Scenario
12.2.1 Product Launches and Developments
12.2.2 Partnerships, Contracts, Acquisitions, and Agreements
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Dynamic Differentiators
12.3.3 Innovators
12.3.4 Emerging Companies
12.4 Global Millimeter Wave Technology Market Competitive Leadership Mapping, 2017
12.5 Business Strategy Excellence (For All 25 Players)
12.6 Strength of Product Portfolio (For All 25 Players)

*Top 25 Companies Analyzed for This Study are - Ridgewave Communications (US), E-Band Communications, LLC (US), Lightpointe Communications, Inc. (US), Siklu Communication Ltd (Israel), Vubiq Networks, Inc. (US), Loea Corporation (US), NEC Corporation (Japan), Proxim Wireless (US), Renaissance Electronics & Communications (Hxi) (US), Elva-1 (Sweden), Dragonwave Inc. (Canada), Nuvotronics Inc. (US), Fastback Networks (US), Wireless Excelence Limited (UK), L3 Technologies, Inc. (US), Millivision Technologies (US), Brijot Imaging Systems, Inc. (US), Smiths Group PLC. (UK), Mistral Solutions Pvt. Ltd. (India), Fujitsu (Japan), Nxp Semiconductor (Netherlands), Delphi Automotive Llp (UK), Denso Internation Europe B.V. (Japan), Amplus Communication Pte. Ltd. (Singapore), Infineon Technologies AG (Germany)

13 Company Profiles
(Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships)*
13.1 Introduction
13.2 Bridgewave Communications, Inc.
13.3 Keysight Technologies
13.4 NEC Corporation
13.5 Sage Millimeter, Inc.
13.6 Siklu Communication Ltd
13.7 Aviat Networks, Inc.
13.8 Farran Technology
13.9 Millimeter Wave Products Inc.
13.10 Millivision Technologies
13.11 Vubiq Networks, Inc
13.12 E-Band Communications, LLC
13.13 Smiths Group PLC.
13.14 L3 Technologies, Inc.
13.15 Elva-1
13.16 Proxim Wireless

*Details on Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Millimeter Wave Radar Subsystem – Frequency and Its Applications
Table 2 E-Band has the Highest Available Unallocated Spectrum
Table 3 Millimeter Wave Radar Subsystem – Frequency and Its Applications
Table 4 List of Companies Considered in the Study
Table 5 Millimeter Wave Technology Market, By Product, 2014–2023 (USD Million)
Table 6 Market for Scanner Systems, By Type, 2014–2023 (USD Million)
Table 7 Market for Radar and Satellite Communication Systems, By Type, 2014–2023 (USD Million)
Table 8 Market for Telecommunication Equipment, By Type, 2014–2023 (USD Million)
Table 9 Telecommunication Equipment Market for Mobile Backhaul Equipment, By Type, 2014–2023 (USD Million)
Table 10 By Frequency Band, 2014–2023 (USD Million)
Table 11 E-Band vs V-Band
Table 12 Market for 57 GHz to 86 GHz Frequency Band, By Type, 2014–2023 (USD Million)
Table 13 Market By License Type, 2014–2023 (USD Million)
Table 14 Market By Application, 2014–2023 (USD Million)
Table 15 Market By Component, 2014–2023 (USD Million)
Table 16 Millimeter Wave Technology Market, By Component, 2014–2023 (Thousand Units)
Table 17 Market for Antennas and Transceiver Components, By Application, 2014–2023 (USD Million)
Table 18 Market for Frequency Sources and Related Components, By Application, 2014–2023 (USD Million)
Table 19 Market for Communication and Networking Components, By Application, 2014–2023 (USD Million)
Table 20 Market for Imaging Components, By Application, 2014–2023 (USD Million)
Table 21 Millimeter Wave-Based RF and Radio Components Market, By Application, 2014–2023 (USD Million)
Table 22 Market for Sensors and Controls, By Application, 2014–2023 (USD Million)
Table 23 Market for Interface Components, By Application, 2014–2023 (USD Million)
Table 24 Millimeter Wave Market for Power and Battery Components , By Application, 2014–2023 (USD Million)
Table 25 Millimeter Wave Technology Market, By Region, 2014–2023 (USD Million)
Table 26 Market in North America, By Country, 2014 –2023 (USD Million)
Table 27 Market in North America, By Product, 2014 – 2023 (USD Million)
Table 28 Market in North America, By Application, 2014 –2023 (USD Million)
Table 29 Market in US, By Product, 2014 –2023 (USD Million)
Table 30 Market in US, By Application, 2014 –2023 (USD Million)
Table 31 Market in Canada , By Product, 2014 –2023 (USD Million)
Table 32 Market in Canada, By Application, 2014 –2023 (USD Million)
Table 33 Market in Mexico, By Product, 2014 –2023 (USD Million)
Table 34 Market in Mexico, By Application, 2014 –2023 (USD Million)
Table 35 Market in Europe, By Country, 2014–2023 (USD Million)
Table 36 Market in Europe, By Product, 2014–2023 (USD Million)
Table 37 Market in Europe, By Application, 2014–2023 (USD Million)
Table 38 Market in UK, By Product, 2014–2023 (USD Million)
Table 39 Market in UK, By Application, 2014 –2023 (USD Million)
Table 40 Market in Germany, By Product, 2014–2023 (USD Million)
Table 41 Market in Germany, By Application, 2014–2023 (USD Million)
Table 42 Market in France, By Product, 2014–2023 (USD Million)
Table 43 Market in France, By Application, 2014 –2023 (USD Million)
Table 44 Market in RoE, By Product, 2014 –2023 (USD Million)
Table 45 Market in RoE, By Application, 2014 –2023 (USD Million)
Table 46 Market in Asia Pacific, By Country, 2014 –2023 (USD Million)
Table 47 Market in Asia Pacific, By Product, 2014 – 2023 (USD Million)
Table 48 Market in Asia Pacific, By Application, 2014 –2023 (USD Million)
Table 49 Market in China, By Product, 2014–2023 (USD Million)
Table 50 Market in China, By Application, 2014–2023 (USD Million)
Table 51 Market in Japan, By Product, 2014–2023 (USD Million)
Table 52 Market in Japan, By Application, 2014–2023 (USD Million)
Table 53 Market in South Korea, By Product, 2014–2023 (USD Million)
Table 54 Market in South Korea, By Application, 2014–2023 (USD Million)
Table 55 Market in India, By Product, 2014–2023 (USD Million)
Table 56 Market in India, By Application, 2014–2023 (USD Million)
Table 57 Market in Rest of APAC By Product, 2014 –2023 (USD Million)
Table 58 Market in Rest of APAC By Application, 2014 –2023 (USD Million)
Table 59 Market in RoW, By Region, 2014–2023 (USD Million)
Table 60 Market in RoW, By Product, 2014 – 2023 (USD Million)
Table 61 Market in RoW, By Application, 2014 –2023 (USD Million)
Table 62 Market in South America, By Product, 2014–2023 (USD Million)
Table 63 Market in South America, By Application, 2014–2023 (USD Million)
Table 64 Market in Middle East & Africa, By Product, 2014–2023 (USD Million)
Table 65 Market in Middle East & Africa, By Application, 2014–2023 (USD Million)
Table 66 10 Most Recent Product Launches in the Millimeter Wave Technology Market
Table 67 Partnerships, Contracts, and Agreements in the Millimeter Wave Technology Market

List of Figures

Figure 1 Millimeter Wave Technology Market: Segmentation
Figure 2 Millimeter Wave Technology Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 By Market Snapshot, 2014–2023(USD Million)
Figure 8 Millimeter Wave Technology, By Product Type, 2014–2023 (USD Million)
Figure 9 Millimeter Wave Technology, By Frequency Band, 2014–2023 (USD Million)
Figure 10 Millimeter Wave Technology, By License Type, 2014–2023 (USD Million)
Figure 11 Telecommunication Equipment Expected to Witness the Highest CAGR During the Forecast Period (2017–2023)
Figure 12 Millimeter Wave Technology, By Application
Figure 13 Millimeter Wave Technology, By Component, 2014–2023 (USD Million)
Figure 14 Millimetre Wave Technology Market, By Region (2015)
Figure 15 Market Expected to Witness Rapid Growth Between 2017 and 2023
Figure 16 Telecommunication Equipment to Hold A Major Market Size in the Millimeter Wave Technology Over the Forecast Period
Figure 17 Frequency Band Between 57 GHz and 86 GHz to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 18 Frequency Sources and Related Components to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 19 Mobile and Telecommunication Segment Expected to Hold A Major Market Size in the Millimeter Wave Technology Between 2017 and 2023
Figure 20 Mobile and Telecom Application Led the Market for the Millimeter Wave Technology in 2016
Figure 21 North America Expected to Witness the Highest CAGR for the Millimeter Wave Technology Between 2017 and 2023
Figure 22 Drivers, Restraints, Opportunities, and Challenges for the Millimeter Wave Technology
Figure 23 Mobile Network Connection Speed to Increase Threefold By 2021
Figure 24 Value Chain Analysis
Figure 25 Supply Chain Analysis
Figure 26 Millimeter Wave Technology Market Segmentation: By Product
Figure 27 Telecommunication Equipment to Witness the Highest CAGR in this Market During the Forecast Period
Figure 28 Subsegments of Millimeter Wave Scanner Systems
Figure 29 Radar and Satellite Communications Systems: Segments
Figure 30 Application-Specific Radar System to Hold the Largest Share of this Market for Radar and Satellite Communication During the Forecast Period
Figure 31 Millimeter Wave Market Segmentation for Frequency Band
Figure 32 Subsegments of Frequency Bands Between 57 GHz and 86 GHz Segment
Figure 33 57 GHz to 86 GHz Frequency Band to Be the Fastest-Growing Market During the Forecast Period
Figure 34 Millimeter Wave Technology Segmentation: License Type
Figure 35 Fully Licensed Type Millimeter Wave to Witness the Highest Growth During the Forecast Period
Figure 36 Millimeter Wave Technology Segmentation: By Application
Figure 37 Mobile & Telecom to Witness the Highest CAGR in this Market During the Forecast Period
Figure 38 Millimeter Wave Technology: By Component
Figure 39 Antennas & Transceiver Components to Witness the Highest CAGR During the Forecast Period
Figure 40 Mobile & Telecom Application to Witness the Highest CAGR in the Millimeter Wave-Based Frequency Sources & Related Components Market During the Forecast Period
Figure 41 Mobile & Telecom Application to Witness the Highest CAGR in the Millimeter Wave-Based RF & Radio Components Market During the Forecast Period
Figure 42 Millimeter Wave Technology: Geographic Snapshot
Figure 43 North America: By Market Snapshot
Figure 44 Europe: By Market Snapshot
Figure 45 Asia Pacific: By Market Snapshot
Figure 46 RoW: By Market Snapshot
Figure 47 Companies in the Millimeter Ave Technology Market Adopted New Product Launches as the Key Growth Strategy Between January 2014 and May 2017
Figure 48 Millimeter Wave Technology Market Evaluation Framework
Figure 49 Battle for the Market Share
Figure 50 By Market (Global) Competitive Leadership Mapping, 2017
Figure 51 Keysight Technologies, Inc.: Company Snapshot
Figure 52 NEC Corporation: Company Snapshot
Figure 53 Aviat Networks, Inc.: Company Snapshot
Figure 54 Smiths Group PLC.: Company Snapshot
Figure 55 L3 Technologies, Inc.: Company Snapshot

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