Millimeter Wave Technology Market by Product (Telecommunication Equipment, Imaging & Scanning Systems), Frequency Band (V-Band & E-Band), Component (Antennas & Transceivers & Amplifiers), Application, and Geography - Global Forecast to 2022

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Date: 24-Aug-2016
No. of pages: 147
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The global market for millimeter wave technology is expected to grow at a CAGR of 42.99% between 2016 and 2022 to reach USD 4,632.8 million by 2022 from USD 346.8 million in 2015. The growth of this market is expected to be driven by the growing demand for bandwidth-intensive applications and increasing usage of millimeter wave technology in the small cell backhaul network.

The market for the telecommunication sector is expected to grow at a high rate during the forecast period

The telecommunication sector accounted for the largest share of the millimeter wave technology market in 2015, and this sector is expected to hold the largest market share during the forecast period. The increasing installations of high-speed communication equipment would drive the growth of the millimeter wave technology market for the telecommunication sector in APAC and RoW between 2016 and 2022.

APAC and RoW to be the fastest-growing markets for millimeter wave technology during the forecast period

North America accounted for the largest share of the global millimeter wave technology market in 2015 as the region is the early adopter of this technology; the market growth is also due to the high demand for bandwidth-intensive applications in the region. Europe accounted for the second largest share of the millimeter wave technology market in 2015. However, the millimeter wave technology market in RoW and APAC is expected to witness a high growth rate during the forecast period due to the expected developments in the telecom infrastructure and the commercialization of the next-generation (5G) technology by 2020.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews of key opinion leaders in the millimeter wave technology market have been conducted. The break-up of primary participants for the report is shown below:


  • By Company Type: Tier 1– 25%, Tier 2 – 45%, and Tier 3 – 30%

  • By Designation: C-Level Executives– 15%, Directors – 55%, and Others – 30%

  • By Region: North America – 35%, Europe – 40%, APAC – 10%, and RoW – 15%


The report profiles key players operating in the millimeter wave technology market, along with their respective market share analysis. The prominent players profiled in this report are Bridge Wave Communications (U.S.), E-Band Communications, LLC (U.S.), Siklu Communication Ltd. (Israel), SAGE Millimeter, Inc. (U.S.), Key sight Technologies (U.S.), Millitech Inc. (U.S.), NEC Corporation (Japan), Trex Enterprises Corporation (U.S.), Light Pointe Communications, Inc (U.S.), and Farran technology Ltd. (Ireland).

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


  • This report segments the millimeter wave technology market comprehensively and provides the closest approximations of the size of the overall market and its sub segments across various verticals and regions.

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

  • This report would help stakeholders better understand their competitors and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem and strategic developments.

Millimeter Wave Technology Market by Product (Telecommunication Equipment, Imaging & Scanning Systems), Frequency Band (V-Band & E-Band), Component (Antennas & Transceivers & Amplifiers), Application, and Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market 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
1.4.1 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
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 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Global Millimeter Wave Technology Market
4.2 Global Milimeter Wave Technology Market, By Industry
4.3 Global Millimeter Wave Technology Market, By Region and Product
4.4 Global Millimeter Wave Technology Market, By Geography
4.5 Global Mllimeter Wave Technology Market, By Frequency Band (2015, 2016, and 2022)

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Demand for Bandwidth-Intensive Applications
5.3.1.2 Increase in Usage of Millimeter Wave Technology in Small Cell Backhaul Applications
5.3.1.3 Rise in Demand for Millimeter Wave Technology for New Radar Systems and Multi-Gigabit Applications
5.3.1.4 Increasing Adoption of Millimeter Wave Scanners for Security Purposes
5.3.2 Restraints
5.3.2.1 Short Range, Line-Of-Sight Communication
5.3.3 Opportunities
5.3.3.1 Upcoming 5G Technology
5.3.3.2 Wide Scope in the Military, Defense, Aerospace, and Satellite Communication Applications
5.3.3.3 Favorable Government Regulations
5.3.4 Challenges
5.3.4.1 Propagation and Environmental Issues

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis of Millimeter Wave Technology Market
6.3 Porter's Five Forces Model
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry

7 Millimeter Wave Technology Market, By Product
7.1 Introduction
7.2 Telecommunication Equipment
7.2.1 Mobile Backhaul Equipment
7.2.1.1 Small-Cell Backhauling Equipment
7.2.1.2 Macro-Cell Backhauling Equipment
7.2.2 Others
7.3 Radar & Satellite Communication Systems
7.3.1 Perimeter Surveillance Radar
7.3.2 Application-Specific Radar Systems
7.3.3 Satellite Communication Systems
7.4 Imaging & Scanning Systems
7.4.1 Active Systems
7.4.2 Passive Systems

8 Millimeter Wave Market, By Component
8.1 Introduction
8.2 Antennas & Transceivers
8.3 Amplifiers
8.4 Oscillators
8.5 Control Devices
8.6 Frequency Converters
8.7 Ferrite Devices
8.8 Passive Components
8.9 Radiometers
8.10 Others

9 Millimeter Wave Technology Market, By Frequency Band
9.1 Introduction
9.2 V-Band
9.3 E-Band
9.4 Rest of MWT Frequency Bands

10 Millimeter Wave Technology Market, By Industry
10.1 Introduction
10.2 Telecommunications
10.3 Military & Defense
10.4 Automotive and Transportation
10.5 Healthcare
10.6 Industrial
10.7 Security
10.8 Others

11 Millimeter Wave Market, By Region
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
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 APAC
11.5 RoW
11.5.1 Middle East & Africa
11.5.2 South America

12 Comptetive Landscape
12.1 Overview
12.2 Ranking Analysis of the Players Operating in the Millimeter Wave Technology Market
12.3 Competitive Situation and Trends
12.3.1 New Product Launches
12.3.2 Agreements, Collaborations, Partnerships, and Contracts

13 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Bridgewave Communications, Inc.
13.2 Millitech, Inc.
13.3 NEC Corporation
13.4 Siklu Communication Ltd.
13.5 Keysight Technologies, Inc.
13.6 E- Band Communications, LLC
13.7 Sage Millimeter, Inc.
13.8 Trex Enterprises Corporation
13.9 Lightpointe Communications, Inc.
13.10 Farran Technology Ltd.

*Details on Overview, Products and Services, Financials, Strategy & Development 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

List of Tables

Table 1 Millimeter Wave Technology Market, By Frequency Band, 2014–2022 (USD Million)
Table 2 Global MM Wave Technology Market, By Product (2014–2022)
Table 3 MM Wave Technology Market for Telecommunication Equipment, By Frequency Band (2014–2022)
Table 4 Market for Telecommunication Equipment, By Application(2014–2022)
Table 5 Market for Telecommunication Equipment, By Region (2014–2022)
Table 6 Market for Radar & Satellite Communications Systems, By Product (2014–2022)
Table 7 Market for Radar & Satellite Communications Systems, By Frequency Band (2014–2022)
Table 8 Market for Radar & Satellite Communications Systems, By Application (2014–2022)
Table 9 Market for Radar & Satellite Communications Systems, By Region (2014–2022)
Table 10 Market for Imaging & Scanning Systems, By Product (2014–2022)
Table 11 Market for Imaging & Scanning Systems, By Frequency Band (2014–2022)
Table 12 Market for Imaging & Scanning Systems, By Application (2014–2022)
Table 13 Market for Imaging & Scanning Systems, By Region (2014–2022)
Table 14 Global MM Wave Technology Market, By Component, 2014–2022 (USD Million)
Table 15 MM Wave Technology Market, By Frequency Band, 2014–2022 (USD Million)
Table 16 MM Wave Technology Market, By Frequency License, 2014–2022 (USD Million)
Table 17 MM Wave Technology Market for V-Band, By Product, 2014–2022 (USD Million)
Table 18 MM Wave Technology Market for V-Band, By Industry, 2014–2022 (USD Million)
Table 19 MM Wave Technology Market for V-Band, By Region, 2014–2022 (USD Million)
Table 20 MM Wave Technology Market for E-Band, By Product, 2014–2022 (USD Million)
Table 21 MM Wave Technology Market for E-Band, By Industry, 2014–2022 (USD Million)
Table 22 Millimeter Wave Technology Market for E-Band, By Region, 2014–2022 (USD Million)
Table 23 MM Wave Technology Market for Rest of the Millimeter Wave Frequency Bands, By Product, 2014–2022 (USD Million)
Table 24 MM Wave Technology Market for Rest of the Millimeter Wave Frequency Bands, By Industry, 2014–2022 (USD Million)
Table 25 MM Wave Technology Market for Rest of the Millimeter Wave Frequency Bands, By Region, 2014–2022 (USD Million)
Table 26 Global Millimeter Wave Technology Market, By Industry, 2014–2022
Table 27 Global MM Wave Technology Market for Telecommunications, By Frequency Band, 2014–2022 (USD Million)
Table 28 Global MM Wave Technology Market for Telecommunications, By Region, 2014–2022 (USD Million)
Table 29 Global Millimeter Wave Technology Market for Military & Defense, By Frequency Band, 2014–2022 (USD Million)
Table 30 Global MM Wave Technology Market for Military & Defense, By Region, 2014–2022 (USD Million)
Table 31 Global Millimeter Wave Technology Market for Automotive & Transportation, By Frequency Band, 2014–2022 (USD Million)
Table 32 Global MM Wave Technology Market for Automotive & Transportation Industry, By Region, 2014–2022 (USD Million)
Table 33 Global MM Wave Technology Market for Healthcare, By Frequency Band, 2014–2022 (USD Million)
Table 34 Global MM Wave Technology Market for Healthcare, By Region, 2014–2022 (USD Million)
Table 35 Global MM Wave Technology Market for Industrial, By Frequency Band, 2014–2022 (USD Million)
Table 36 Global MM Wave Technology Market for Industrial, By Region, 2014–2022 (USD Million)
Table 37 Global MM Wave Technology Market for Security, By Frequency Band, 2014–2022 (USD Million)
Table 38 Global MM Wave Technology Market for Security, By Region, 2014–2022 (USD Million)
Table 39 Global Millimeter Wave Technology Market for Other Industries, By Frequency Band, 2014–2022 (USD Million)
Table 40 Global MM Wave Technology Market for Other Industries, By Region, 2014–2022 (USD Million)
Table 41 Global MM Wave Technology Market, By Region, 2014–2022 (USD Million)
Table 42 Millimeter Wave Technology Market in North America, By Country, 2014–2022 (USD Million)
Table 43 Market in North America, By Product, 2014–2022 (USD Million)
Table 44 Market in North America, By Frequency Band, 2014–2022 (USD Million)
Table 45 Market in North America, By Industry, 2014–2022 (USD Million)
Table 46 Millimeter Wave Technology Market in the U.S., By Product, 2014–2022 (USD Million)
Table 47 MM Wave Technology Market in Europe, By Country, 2014–2022 (USD Million)
Table 48 Market in Europe, By Product, 2014–2022 (USD Million)
Table 49 Market in Europe, By Frequency Band, 2014–2022 (USD Million)
Table 50 Market in Europe, By Industry, 2014–2022 (USD Million)
Table 51 MM Wave Technology Market in the U.K., By Product, 2014–2022 (USD Million)
Table 52 MM Wave Technology Market in Germany, By Product, 2014–2022 (USD Million)
Table 53 MM Wave Technology Market in APAC, By Country, 2014–2022 (USD Million)
Table 54 Market in APAC, By Product, 2014–2022 (USD Million)
Table 55 Market in APAC, By Frequency Band, 2014–2022 (USD Million)
Table 56 Market By APAC, By Industry, 2014–2022 (USD Million)
Table 57 MM Wave Technology Market in China, By Product, 2014–2022 (USD Million)
Table 58 MM Wave Technology Market in Japan, By Product, 2014–2022 (USD Million)
Table 59 MM Wave Technology Market in RoW, By Region, 2014–2022 (USD Million)
Table 60 Market in RoW, By Product, 2014–2022 (USD Million)
Table 61 Market in RoW, By Frequency Band, 2014–2022 (USD Million)
Table 62 Market in RoW, By Industry, 2014–2022 (USD Million)
Table 63 MM Wave Technology Market: Ranking Analysis, 2015
Table 64 New Product Launches, 2013–2016
Table 65 Agreements, Collaborations, Partnerships, and Contracts, 2013–2016

List of Figures

Figure 1 Millimeter Wave Technology Market: Research Design
Figure 2 Key Data From Secondary Sources
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 MM Wave Technology Market Snapshot (2016 vs 2022): Market for Telecommunication Equipment to Witness the Highest Growth Rate During the Forecast Period
Figure 8 MM Wave Technology Market Snapshot (2016 vs 2022): Telecommunications Industry to Hold the Largest Market Size During the Forecast Period
Figure 9 North America Held the Largest Market Share in 2015
Figure 10 Upcoming 5G Technology to Create Opportunities for the MM Wave Technology Market By 2022)
Figure 11 Telecommunications Industry to Be the Largest Market for Millimeter Wave Technology Through 2022
Figure 12 Telecommunication Equipment and North America Held the Largest Share of the MM Wave Technology Market in 2015
Figure 13 MM Wave Technology Market in India Expected to Grow at the Highest Rate During the Forecast Period, 2016–2022
Figure 14 E-Band Expected to Hold the Largest Market Size By 2022
Figure 15 MM Wave Technology : Market Segmentation
Figure 16 MM Wave Technology Market: Value Chain
Figure 17 MM Wave Technology Market: Porter’s Five Forces Model
Figure 18 MM Wave Technology Market: Porter’s Analysis, 2015
Figure 19 MM Wave Technology Market: Threat of New Entrants, 2015
Figure 20 MM Wave Technology Market: Threat of Substitutes, 2015
Figure 21 MM Wave Technology Market: Bargaining Power of Suppliers, 2015
Figure 22 MM Wave Technology : Bargaining Power of Buyers, 2015
Figure 23 MM Wave Technology Market: Intensity of Competitive Rivalry, 2015
Figure 24 MM Wave Technology Market, By Product
Figure 25 Millimeter Wave Telecommunication Equipment is Expected to Hold the Largest Share During the Forecast Period
Figure 26 MM Wave Technology in the E-Band is Expected to Hold the Largest Market Through 2022
Figure 27 Millimeter Wave Telecommunication Equipment Market in Asia-Pacific is Expected to Grow at the Highest Rate Through 2022
Figure 28 MM Wave Technology Market, By Component
Figure 29 Antennas & Transceivers and Amplifiers are Expected to Hold the Major Share Through 2022
Figure 30 MM Wave Technology Market, By Frequency Band
Figure 31 MM Wave Technology in the E-Band Frequency Range is Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 32 Telecommunication Sector is Expected to Hold the Largest Market for the Millimeter Wave Technology Market in the V-Band Frequency Range
Figure 33 Global Millimeter Wave Technology Market, By Industry
Figure 34 Telecommunication Sector is Expected to Hold the Largest Share During the Forecast Period
Figure 35 Geographic Snapshot - Emerging Economies are the New Hot Spots 2016-2022
Figure 36 Snapshot of the Millimeter Wave Technology Market in North America: Demand Likely to Be Driven By the Mobile & Telecom Sector
Figure 37 Snapshot of the MM Wave Technology Market in Europe: Germany and U.K. Accounted for A Large Share of the Millimeter Wave Technology Market in Europe in 2015
Figure 38 Snapshot of the MM Wave Technology Market in APAC, 2015: Demand is Likely to Be Driven By the Increasing Adoption of Radar and Satellite Communication Systems
Figure 39 South America to Be A Large Market for Millimeter Wave Technology By 2022
Figure 40 Major Companies Adopted New Product Launches as the Key Growth Strategy in the Last Three Years
Figure 41 Market Evolution Framework: New Product Launches Fueled Growth and Innovation in the Global Millimeter Wave Technology Market
Figure 42 Battle for Market Share: New Product Launches Emerged as the Key Strategy
Figure 43 NEC Corporation: Company Snapshot
Figure 44 Keysight Technologies: Company Snapshot

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