밀리미터파 기술 : 시장 점유율 분석, 산업 동향, 통계, 성장 예측(2025-2031년)

The Millimeter Wave Technology Market size is estimated at USD 4.52 billion in 2025, and is expected to reach USD 16.93 billion by 2031, at a CAGR of 24.60% during the forecast period (2025-2031).

Network operators are turning to frequencies above 24 GHz for capacity relief, and defense agencies are upgrading radar systems to 94 GHz for higher-resolution targeting. Dual demand arising from dense 5G rollouts and early 6G trials sustains capital spending, while falling device costs encourage adoption in medical imaging, industrial automation, and automotive ADAS. Asia Pacific commands the largest regional position thanks to multi-million-site 5G deployments, whereas North America drives innovation through spectrum liberalization and CHIPS-Act-backed semiconductor funding. Component suppliers benefit from patent-protected RF front-ends, yet supply-chain exposure to gallium-nitride wafers introduces strategic risk.

Global Millimeter Wave Technology Market Trends and Insights

5G network densification and small-cell backhaul demand

Operators quickly discover that fiber becomes uneconomical when small-cell density exceeds urban zoning caps, so 60 GHz and E-band radio links are adopted to connect sites within weeks instead of months. Field trials in China, the United States, and India deliver multi-gigabit throughput, confirming that millimeter-wave backhaul can substitute for high-cost trenching activities. Equipment vendors now integrate software-defined beam steering to reduce alignment time, while urban authorities streamline rooftop permitting to accelerate site activation. Capital efficiency and time-to-market gains make wireless backhaul a cornerstone of the millimeter wave technology market.

Rising mobile and fixed-wireless data traffic in 24-100 GHz bands

Fixed-wireless customers consume up to five times the data of mobile subscribers, forcing operators to allocate contiguous 28 GHz blocks to residential gateways. Regulatory agencies respond by harmonizing 70/80/90 GHz rules to enable wider channels, and chipset makers have announced second-generation CPE platforms with integrated AI for link optimization. These advances support rural broadband programs and stimulate demand across the millimeter wave technology market.

RF front-end thermal management limits above 100 GHz

Heat concentration rises disproportionately as frequency increases, pushing gallium-nitride devices toward junction temperatures that degrade reliability. Advanced packaging using diamond substrates and micro-fluidic cooling is under evaluation, yet these approaches add material cost and prolong qualification cycles. Until scalable thermal solutions emerge, near-term deployments will cluster below 100 GHz, tempering the millimeter wave technology market's upper-band growth.

Other drivers and restraints analyzed in the detailed report include:

1. Spectrum liberalization and new auctions above 40 GHz
2. Defense radar upgrades to 94 GHz
3. High-cost phased-array calibration in volume production

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Imaging Sensors deliver the fastest 25.32% CAGR through 2030, as terahertz imaging enables label-free tissue diagnosis in oncology and burn assessment. In contrast, Antennas and Transceivers preserve the largest 38% share in 2024 by supplying radio front-ends for mobile base stations. The millimeter wave technology market size for Imaging Sensors is expected to cross USD 3 billion by 2030 as hospitals adopt non-ionizing diagnostic tools. Complementary growth in Communication and Networking ICs arises from densified macro-cell deployments, while Interface and Control ICs ride the trend toward radar-on-chip integration.

R&D breakthroughs such as NTT's 280 Gbps signal generation at 300 GHz improve link budgets and stimulate demand for frequency-agile synthesizers. Meanwhile, Other Components, chiefly advanced substrates and thermal interface materials, gain visibility as integrators seek higher power density. The result is a broadening component stack that anchors the millimeter wave technology market.

Fully or Partly Licensed spectrum delivered 78% of 2024 revenue, reflecting the premium attached to interference-free operations in telecom macro cells and defense networks. However, unlicensed allocations above 95 GHz advance at 26.43% CAGR as regulators create industrial presence-sensing rules that require minimal paperwork. SMEs leverage the simplified regime to deploy factory-floor radar for robotics and quality inspection, adding fresh revenue streams to the millimeter wave technology market.

Vendors now introduce dual-mode chipsets that auto-detect regulatory environments and adjust EIRP settings in real time, removing a key adoption barrier. Licensed spectrum will remain critical for mission-critical links, yet the unlicensed surge broadens the overall addressable base.

The Millimeter Wave Technology Market Report is Segmented by Component (Antennas and Transceivers, Communications and Networking ICs, Interface and Control ICs, Frequency Generation and Filters, and More), Licensing Model (Fully/Partly Licensed and Unlicensed), Frequency Band (24-57 GHz, 57-95 GHz, and 95-300 GHz), Application (Telecom Infrastructure, Mobile and Consumer Devices, Fixed Wireless Access, and More), and Geography.

Geography Analysis

Asia Pacific commands 42% of 2024 revenue and is forecast to grow at 28.02% CAGR through 2030, propelled by China's 4.4 million 5G base stations and India's rapid FWA penetration. Regional governments allocate public funds to 5G-Advanced research, and contract manufacturers invest in gallium-nitride wafer lines to localize supply. Japan's private 5G model shows slower mmWave uptake due to site-acquisition complexity, but corporate campuses are piloting 60 GHz indoor networks for AR training.

North America aligns spectrum policy with industrial innovation, releasing 37 GHz and 70/80/90 GHz bands while channeling CHIPS-Act incentives toward domestic fabs. Defense radar upgrades and fixed-wireless deployments underpin a resilient customer base, and partnerships such as Nokia-T-Mobile secure multi-year equipment pipelines. Canada adopts mmWave for rural broadband pilots, further expanding the millimeter wave technology market.

Europe positions itself as a technology laboratory. Germany supports 6G testbeds and micro-electronics clusters, and regulators craft 42 GHz auction terms that prioritize manufacturing innovation. Automotive radar demand from German OEMs drives collaboration with specialist chipmakers, while the UK explores 60 GHz transport-infrastructure links. The Middle East invests in smart-city proof-of-concepts, South Africa pilots 28 GHz FWA, and Brazil introduces targeted tax breaks for mmWave CPE assembly. Although revenue contributions from these emerging markets remain single-digit, growth rates surpass mature regions, adding dynamism to the millimeter wave technology market.

1. Anokiwave Inc.
2. Aviat Networks
3. Broadcom Inc.
4. BridgeWave Communications (REMEC)
5. Ducommun Incorporated
6. Eravant (SAGE Millimeter)
7. Farran Technology
8. Huawei Technologies
9. Intel Corporation
10. Keysight Technologies
11. L3Harris Technologies
12. Millimeter Wave Products Inc.
13. NEC Corporation
14. Nokia Corporation
15. NXP Semiconductors
16. Qualcomm Technologies
17. Samsung Electronics
18. Sivers Semiconductors
19. Siklu Communication (Ceragon)
20. Smiths Interconnect
21. Vubiq Networks

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 5G network densification and small-cell backhaul demand
  • 4.2.2 Rising mobile and fixed-wireless data traffic in 24-100 GHz bands
  • 4.2.3 Spectrum liberalisation and new auctions above 40 GHz
  • 4.2.4 Defense radar upgrades to 94 GHz for low-latency targeting
  • 4.2.5 Indoor millimetre-wave FWA for last-50-metre fibre substitution
  • 4.2.6 Emerging 122 GHz industrial presence-sensing regulations
• 4.3 Market Restraints
  • 4.3.1 RF front-end thermal management limits above 100 GHz
  • 4.3.2 High-cost phased-array calibration in volume production
  • 4.3.3 Municipal "street-furniture" zoning hurdles for dense sites
  • 4.3.4 Gallium-nitride wafer supply chain concentration risk
• 4.4 Value/Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
  • 4.6.1 Significance of GaN across mmWave applications
  • 4.6.2 mmWave substrate landscape: LCP, PI, PTFE impact on 5G HW
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Intensity of Competitive Rivalry
  • 4.7.5 Threat of Substitutes
• 4.8 COVID-19 Impact Assessment

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Component
  • 5.1.1 Antennas and Transceivers
  • 5.1.2 Communication and Networking ICs
  • 5.1.3 Interface and Control ICs
  • 5.1.4 Frequency Generation and Filters
  • 5.1.5 Imaging Sensors
  • 5.1.6 Other Components
• 5.2 By Licensing Model
  • 5.2.1 Fully/Partly Licensed
  • 5.2.2 Unlicensed
• 5.3 By Frequency Band
  • 5.3.1 24-57 GHz
  • 5.3.2 57-95 GHz
  • 5.3.3 95-300 GHz
• 5.4 By Application
  • 5.4.1 Telecom Infrastructure (RAN and backhaul)
  • 5.4.2 Mobile and Consumer Devices
  • 5.4.3 Fixed Wireless Access (FWA)
  • 5.4.4 Radar and Security Imaging
  • 5.4.5 Automotive ADAS and V2X
  • 5.4.6 Industrial Automation and IIoT
  • 5.4.7 Medical and Life-Sciences Imaging
  • 5.4.8 Aerospace and Defense Communications
  • 5.4.9 Other Applications
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Russia
    • 5.5.3.6 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia-Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 United Arab Emirates
    • 5.5.5.1.2 Saudi Arabia
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 Nigeria
    • 5.5.5.2.2 South Africa
    • 5.5.5.2.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Anokiwave Inc.
  • 6.4.2 Aviat Networks
  • 6.4.3 Broadcom Inc.
  • 6.4.4 BridgeWave Communications (REMEC)
  • 6.4.5 Ducommun Incorporated
  • 6.4.6 Eravant (SAGE Millimeter)
  • 6.4.7 Farran Technology
  • 6.4.8 Huawei Technologies
  • 6.4.9 Intel Corporation
  • 6.4.10 Keysight Technologies
  • 6.4.11 L3Harris Technologies
  • 6.4.12 Millimeter Wave Products Inc.
  • 6.4.13 NEC Corporation
  • 6.4.14 Nokia Corporation
  • 6.4.15 NXP Semiconductors
  • 6.4.16 Qualcomm Technologies
  • 6.4.17 Samsung Electronics
  • 6.4.18 Sivers Semiconductors
  • 6.4.19 Siklu Communication (Ceragon)
  • 6.4.20 Smiths Interconnect
  • 6.4.21 Vubiq Networks

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-Need Assessment