Millimeter Wave Sensor & Module Market Size, Share, Sales, Analysis, Forecast By Frequency Band (V-band, E-band, and Others), By End Use Industry (IT & Telecommunication, Aerospace & Defense, Automotive & Transportation, Healthcare, Semiconductor & Electronics, Energy & Utility, and Others), Industry Competition & Player Profiles, 2022-2032
The Global Millimeter Wave Sensor & Modules market was worth US$ 250 million in 2019 and is expected to cross the billion market by 2030. Rapid growth of bandwidth intensive applications, adoption of millimeter wave technology in small cell backhaul networks, and increased investment in development and implementation of 5G network across the globe are the major parameters driving the growth of the global millimeter wave sensor & module market. Millimeter wave or extremely high frequency (EHF) refers to band of radio frequency well suited for 5G networks. Initially used across military & defense applications such as radar, security and satellite communication, the millimeter wave technology is expanding its roots across the commercial and residential applications.
Increased demand for high bandwidth from wide range of applications and growing adoption of cloud computing is fueling the growth of the global millimeter wave sensor & module market. Expansion of bandwidth intensive applications and growing investment in development of 5G network across major economies around the world is anticipated to contribute towards the growth of the global millimeter wave sensor & module during the forecast period. North America contributed a dominating share to the global millimeter wave sensor & module market in 2019 and is expected to be a dominating segment throughout the forecast period owing to early adoption of millimeter wave technology across military & defense, residential, and commercial applications.
The United States is at the forefront of technology development and adoption owing to the presence of leading technology developers across the country and increased investment in infrastructure development. Early adoption of millimeter wave technology across the United States and Canada is expected to drive the growth of North America millimeter wave sensor & module in coming years. Asia Pacific is anticipated to be the most lucrative geography during the forecast period owing to increased investment in adoption of advanced telecommunication technology across major countries. Availability of strong semiconductor & electronic manufacturing industry across major countries is anticipated to compliment the growth of Asia Pacific millimeter wave sensor & module market during the forecast period.
Millimeter Wave Sensor & Module Market Share Analysis, by Geography (2021)
The report titled “Millimeter Wave Sensor & Module Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global millimeter wave sensor & modules market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global millimeter wave sensor & modules market is segmented on the basis of frequency band, end use industry, and geography. Based on frequency band, the global millimeter wave sensor & module market is segmented into V-band, E-band, and others. Based on end use industry, the global millimeter wave sensor & module market is segmented into IT & telecommunication, aerospace & defense, automotive & transportation, healthcare, semiconductor & electronics, energy & utility, and others. Based on geography, the global millimeter wave sensor & modules market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on millimeter wave sensors & modules. Further, market share of prominent companies in the global millimeter wave sensor & module market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the millimeter wave sensor & module companies.
The global millimeter wave sensor & module market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the millimeter wave sensor & module business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global millimeter wave sensor & module market.
Major players active in the global millimeter wave sensor & module market include Aviat Networks, Inc., Bridgewave Communications, Inc., E-band Communications LLC, Farran Technology Ltd., Keysight Technologies, Inc., Lightpointe Communications, Inc., Millitech, Inc., NEC Corporation, QuinStar Technology, Inc., Sage Millimeter, Inc., Siklu Communication Ltd., and Trex Enterprises Corporation.
Millimeter Wave Sensor & Module Market Segmentations:
By Frequency Band
- V-band
- E-band
- Others
By End Use Industry
- IT & Telecommunication
- Aerospace & Defense
- Automotive & Transportation
- Healthcare
- Semiconductor & Electronics
- Energy & Utility
- Others
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Millimeter Wave Sensors & Modules Market
- Global Millimeter Wave Sensors & Modules Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Ecosystem Analysis
- Global Millimeter Wave Sensors & Modules Market Analysis and Forecast, by Frequency Band
- Overview and definitions
- Key segment analysis
- Global Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- Global Millimeter Wave Sensors & Modules Market Analysis and Forecast, by End Use
- Overview and definitions
- Key segment analysis
- Global Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- Global Millimeter Wave Sensors & Modules Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Millimeter Wave Sensors & Modules Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- North America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- North America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Millimeter Wave Sensors & Modules Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- Europe Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- Europe Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific Millimeter Wave Sensors & Modules Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- Asia Pacific Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- Asia Pacific Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Millimeter Wave Sensors & Modules Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- Middle East & Africa Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- Middle East & Africa Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America Millimeter Wave Sensors & Modules Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by Frequency Band, 2019 – 2032
- V-band
- E-band
- Other Frequency bands
- South America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Telecommunication
- Military
- Healthcare
- Electronic & Semiconductor
- Security
- South America Millimeter Wave Sensors & Modules Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Millimeter Wave Sensors & Modules Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Aviat Networks, Inc.
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- Bridgewave Communications, Inc.
- E-band Communications LLC
- Farran Technology Ltd
- Keysight Technologies, Inc.
- Lightpointe Communications, Inc.
- Millitech, Inc.
- NEC Corporation
- QuinStar Technology, Inc.
- Sage Millimeter, Inc.
- Siklu Communication Ltd.
- Trex Enterprises Corporation
- Aviat Networks, Inc.
- Conclusion & Recommendations
Frequently asked questions about this report
How big is the Millimeter Wave Sensor and Module Market?
The global Millimeter Wave Sensor and Module market was worth US$ 250 million in 2019.
What are the driving factor in this market?
Rapid growth of bandwidth intensive applications, adoption of millimeter wave technology in small cell backhaul networks, and increased investment in development and implementation of 5G network across the globe are the major parameters driving the growth of the global millimeter wave sensor & module market. Millimeter wave or extremely high frequency (EHF) refers to band of radio frequency well suited for 5G networks
What are the top players active in the Millimeter Wave Sensor and Module Market?
The major active players are Aviat Networks, Inc., Bridgewave Communications, Inc., E-band Communications LLC, Farran Technology Ltd.