The Millimeter Wave Technology Market size is expected to grow from USD 2.9 Billion in 2022 to USD 28.7 Billion by 2030, at a CAGR of 33% during the forecast period.
The Millimeter Wave Technology Market size is expected to grow from USD 2.9 Billion in 2022 to USD 28.7 Billion by 2030, at a CAGR of 33% during the forecast period.
Millimeter wave technology refers to the segment of the electronics and telecommunications industries that is focused on applying electromagnetic waves with frequencies in the millimeter wave range, which is typically between 30 and 300 gigahertz. Radar systems, imaging, and wireless communications are some of the applications for this technology. Due to its ability to provide quick data transfer, advanced security scanning, and precise sensing, it is crucial for the development of technologies like 5G networks, autonomous cars, and security apparatus. This market encompasses millimeter wave device and system creation, manufacturing, and application.
Top Key Players Covered In the Global Millimeter Wave Technology Market
Axxcss Wireless Solution (US), NEC Corporation (Japan), Siklu Communication Ltd. (Israel), Aviat Networks Inc. (US), Sage Millimeter Inc. (US), Anokiwave Inc. (US), Bridgewave Communications Inc. (US), TLC Precision Wafer Technology (US), Farran Technologies (Ireland), Pacific Antenna Systems LLC (US), Aura Intelligent Systems Inc. (US), Smiths Interconnect Inc. (UK), E-band Communications LLC (US), MixZon Inc. (US), Dymenso LLC (US) and Other Major Players
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Segmentation Analysis of the Millimeter Wave Technology Market:
By Product
By Component
By License Type
By Application
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Nov 10, 2023