세계 밀리미터파 기술 시장 : 규모, 점유율, 동향 분석 - 제품별, 컴포넌트별, 주파수 대역별, 용도별, 지역별, 부문 예측(2024-2030년)

Millimeter Wave Technology Market Growth & Trends:

The global millimeter wave technology market size is anticipated to reach USD 38.55 billion by 2030, growing at a CAGR of 39.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Millimeter waves are radio frequencies operating in the electromagnetic spectrum of 30 GHz to 300GHz, also known as Extremely High-Frequency (EHF) range. As millimeter waves can transmit large amounts of data with greater efficiency, they hold a significant application across the telecommunication industry.

Fiber-optic cables are one of the best transmission mediums used extensively for data transmission. However, the fiber optics technology is extremely costly, and the network is highly tedious to install, posing the millimeter wave technology as an appealing alternative for the fiber optics medium. Millimeter wave technology is becoming more affordable in high-intensity data transfer applications, thus driving the market's growth.

The market is highly consolidated regarding applications and components, where it is extensively used. The primary application areas of the technology include telecommunication, military & defense, medical, and security services. The advancements in the telecom industry are leading to the evolution of next-generation technologies such as 5G, which is creating significant growth opportunities for the market.

Owing to the demand for higher bandwidths in fifth-generation technology, millimeter waves are expected to play a prominent role in developing 5G technology. As the market is experiencing a shift toward adopting fifth-generation technology, the market is thus anticipated to grow significantly during the forecast period.

However, only a limited number of devices currently support MMW technology, which may limit its adoption and market potential in the short term. Additionally, deploying MMW technology requires regulatory approval and licensing, which can be a time-consuming and costly process in some regions. Moreover, the implementation cost of MMW technology is relatively high due to the need for specialized equipment and infrastructure, which makes it less accessible and affordable for some markets. However, the market is anticipated to overcome these short-term challenges and witness long-term growth over the forecast period.

Millimeter Wave Technology Market Report Highlights:

• The imaging & scanning systems segment is anticipated to grow significantly over the forecast period. The segment's growth can be attributed to the increasing focus of governments and international security authorities on curbing down global threats and leveraging imaging & scanning systems to do so.
• The amplifiers segment is anticipated to witness significant growth over the forecast period. The need for increased bandwidth, higher data rates in wireless communication systems, and the growing demand for high-speed and low-latency connectivity in emerging applications such as 5G networks, autonomous vehicles, and the Internet of Things (IoT) are contributing to the segment's growth.
• The V band segment is anticipated to grow significantly over the forecast period. As the demand for high-bandwidth applications continues to grow, the V band is expected to play an increasingly critical role in enabling seamless connectivity for businesses and consumers, thus driving the segment's growth.
• The security segment is anticipated to witness significant growth over the forecast period. The increasing demand for MMW scanners for security purposes is expected to boost the MMW technology market. The emerging markets of the Asia Pacific and South America & MEA regions are expected to be the potential markets capable of offering substantial growth opportunities for the technology, owing to the increasing awareness of security measures.
• Asia Pacific is anticipated to register significant growth over the forecast period. The Asia Pacific region's large population and growing adoption of connected devices and applications create significant opportunities for MMW technology in areas such as IoT, autonomous vehicles, and healthcare. Overall, the Asia Pacific region's favorable market conditions are expected to drive significant growth in the MMW technology market over the forecast period.
• In June 2023, ZTE Corporation announced its partnership with Thailand's mobile operator Advanced Infor Service (AIS) and Qualcomm Technologies, Inc. to complete the trial of mmWave 5G Standalone technology in Bangkok. Such initiatives are harnessing innovation in the market.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation and Scope
• 1.2. Market Definitions
• 1.3. Research Methodology
  • 1.3.1. Information Procurement
  • 1.3.2. Information or Data Analysis
  • 1.3.3. Market Formulation & Data Visualization
  • 1.3.4. Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
• 2.3. Competitive Insights

Chapter 3. Artificial Intelligence Market Variables, Trends, & Scope

• 3.1. Market Introduction/Lineage Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Market Dynamics
  • 3.3.1. Market Drivers Analysis
    • 3.3.1.1. Growing demand from the bandwidth-intensive applications and the telecommunication sector
    • 3.3.1.2. Increasing adoption of MMW technology in the telecommunication sector and emerging 5G technology
    • 3.3.1.3. Rising adoption of MMW technology in scanners for the security purposes and military & defense, aerospace, and industrial sectors/applications
  • 3.3.2. Market Restraints Analysis
    • 3.3.2.1. Range limitations, line-of-sight communication, and environmental factors interfering with the propagation
  • 3.3.3. Industry Opportunities
    • 3.3.3.1. Growing demand for high speed and reliable network connectivity for IoT applications
• 3.4. Millimeter Wave Technology Market Analysis Tools
  • 3.4.1. Porter's Analysis
    • 3.4.1.1. Bargaining power of the suppliers
    • 3.4.1.2. Bargaining power of the buyers
    • 3.4.1.3. Threats of substitution
    • 3.4.1.4. Threats from new entrants
    • 3.4.1.5. Competitive rivalry
  • 3.4.2. PESTEL Analysis
    • 3.4.2.1. Political landscape
    • 3.4.2.2. Economic and Social landscape
    • 3.4.2.3. Technological landscape
    • 3.4.2.4. Environmental landscape
    • 3.4.2.5. Legal landscape

Chapter 4. Millimeter Wave Technology Market: Product Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Millimeter Wave Technology Market: Product Movement Analysis, USD Million, 2023 & 2030
• 4.3. Telecommunication Equipment
  • 4.3.1. Telecommunication Equipment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 4.4. Imaging & Scanning Systems
  • 4.4.1. Imaging & Scanning Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 4.5. Radar & Satellite Communication Systems
  • 4.5.1. Radar & Satellite Communication Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 5. Millimeter Wave Technology Market: Component Estimates & Trend Analysis

• 5.1. Component Movement Analysis & Market Share, 2023 & 2030
• 5.2. Millimeter Wave Technology Market Estimates & Forecast, By Component
• 5.3. Antennas & Transceivers
  • 5.3.1. Antennas & Transceivers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.4. Amplifiers
  • 5.4.1. Amplifiers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.5. Oscillators
  • 5.5.1. Oscillators Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.6. Control Devices
  • 5.6.1. Control Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.7. Frequency Converters
  • 5.7.1. Frequency Converters Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.8. Passive Components
  • 5.8.1. Passive Components Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 5.9. Others (Ferrite Devices, Radiometers, etc.)
  • 5.9.1. Others (Ferrite Devices, Radiometers, etc.) Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 6. Millimeter Wave Technology Market: Frequency Band Estimates & Trend Analysis

• 6.1. Frequency Band Movement Analysis & Market Share, 2023 & 2030
• 6.2. Millimeter Wave Technology Market Estimates & Forecast, By Frequency Band
• 6.3. V-Band
  • 6.3.1. V-Band Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 6.4. E-Band
  • 6.4.1. E-Band Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 6.5. Other Frequency Bands
  • 6.5.1. Other Frequency Bands Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 7. Millimeter Wave Technology Market: Application Estimates & Trend Analysis

• 7.1. Application Movement Analysis & Market Share, 2023 & 2030
• 7.2. Millimeter Wave Technology Market Estimates & Forecast, By Application
• 7.3. Telecommunications
  • 7.3.1. Telecommunications Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 7.4. Military & Defense
  • 7.4.1. Military & Defense Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 7.5. Automotive & Transport
  • 7.5.1. Automotive & Transport Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 7.6. Healthcare
  • 7.6.1. Healthcare Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 7.7. Electronics & Semiconductor
  • 7.7.1. Electronics & Semiconductor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
• 7.8. Security
  • 7.8.1. Security Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)

Chapter 8. Millimeter Wave Technology Market: Regional Estimates & Trend Analysis

• 8.1. Millimeter Wave Technology Market Share, By Region, 2023 & 2030, USD Million
• 8.2. North America
  • 8.2.1. North America Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.2.2. U.S.
    • 8.2.2.1. U.S. Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.2.3. Canada
    • 8.2.3.1. Canada Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.2.4. Mexico
    • 8.2.4.1. Mexico Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
• 8.3. Europe
  • 8.3.1. Europe Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.3.2. U.K.
    • 8.3.2.1. U.K. Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.3.3. Germany
    • 8.3.3.1. Germany Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.3.4. France
    • 8.3.4.1. France Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
• 8.4. Asia Pacific
  • 8.4.1. Asia Pacific Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.4.2. China
    • 8.4.2.1. China Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.4.3. India
    • 8.4.3.1. India Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.4.4. Japan
    • 8.4.4.1. Japan Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.4.5. South Korea
    • 8.4.5.1. South Korea Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.4.6. Australia
    • 8.4.6.1. Australia Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
• 8.5. South America
  • 8.5.1. South America Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.5.2. Brazil
    • 8.5.2.1. Brazil Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
• 8.6. MEA
  • 8.6.1. MEA Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.6.2. Kingdom of Saudi Arabia (KSA)
    • 8.6.2.1. Kingdom of Saudi Arabia (KSA) Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.6.3. UAE
    • 8.6.3.1. UAE Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)
  • 8.6.4. South Africa
    • 8.6.4.1. South Africa Millimeter Wave Technology market estimates & forecasts, 2017 - 2030 (USD Million)

Chapter 9. Competitive Landscape

• 9.1. Recent Developments & Impact Analysis by Key Market Participants
• 9.2. Company Categorization
• 9.3. Company Market Positioning
• 9.4. Company Market Share Analysis
• 9.5. Company Heat Map Analysis
• 9.6. Strategy Mapping
  • 9.6.1. Expansion
  • 9.6.2. Mergers & Acquisition
  • 9.6.3. Partnerships & Collaborations
  • 9.6.4. New Product Launches
  • 9.6.5. Research And Development
• 9.7. Company Profiles
  • 9.7.1. Aviat Networks, Inc.
    • 9.7.1.1. Participant's Overview
    • 9.7.1.2. Financial Performance
    • 9.7.1.3. Product Benchmarking
    • 9.7.1.4. Recent Developments
  • 9.7.2. BridgeWave Communications
    • 9.7.2.1. Participant's Overview
    • 9.7.2.2. Financial Performance
    • 9.7.2.3. Product Benchmarking
    • 9.7.2.4. Recent Developments
  • 9.7.3. E-Band Communications, LLC
    • 9.7.3.1. Participant's Overview
    • 9.7.3.2. Financial Performance
    • 9.7.3.3. Product Benchmarking
    • 9.7.3.4. Recent Developments
  • 9.7.4. Farran Technology
    • 9.7.4.1. Participant's Overview
    • 9.7.4.2. Financial Performance
    • 9.7.4.3. Product Benchmarking
    • 9.7.4.4. Recent Developments
  • 9.7.5. Keysight Technologies
    • 9.7.5.1. Participant's Overview
    • 9.7.5.2. Financial Performance
    • 9.7.5.3. Product Benchmarking
    • 9.7.5.4. Recent Developments
  • 9.7.6. LightPointe Communications, Inc.
    • 9.7.6.1. Participant's Overview
    • 9.7.6.2. Financial Performance
    • 9.7.6.3. Product Benchmarking
    • 9.7.6.4. Recent Developments
  • 9.7.7. Millitech, Inc.
    • 9.7.7.1. Participant's Overview
    • 9.7.7.2. Financial Performance
    • 9.7.7.3. Product Benchmarking
    • 9.7.7.4. Recent Developments
  • 9.7.8. NEC Corporation
    • 9.7.8.1. Participant's Overview
    • 9.7.8.2. Financial Performance
    • 9.7.8.3. Product Benchmarking
    • 9.7.8.4. Recent Developments
  • 9.7.9. QuinStar Technology, Inc.
    • 9.7.9.1. Participant's Overview
    • 9.7.9.2. Financial Performance
    • 9.7.9.3. Product Benchmarking
    • 9.7.9.4. Recent Developments
  • 9.7.10. Eravant
    • 9.7.10.1. Participant's Overview
    • 9.7.10.2. Financial Performance
    • 9.7.10.3. Product Benchmarking
    • 9.7.10.4. Recent Developments
  • 9.7.11. Siklu Communication Ltd.
    • 9.7.11.1. Participant's Overview
    • 9.7.11.2. Financial Performance
    • 9.7.11.3. Product Benchmarking
    • 9.7.11.4. Recent Developments
  • 9.7.12. Trex Enterprises Corporation
    • 9.7.12.1. Participant's Overview
    • 9.7.12.2. Financial Performance
    • 9.7.12.3. Product Benchmarking
    • 9.7.12.4. Recent Developments