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Millimeter Wave Technology Market By Product (Telecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems); By Component (Antennas & Transceivers, Amplifiers, Oscillators, Control Devices, Frequency Converters, Passive Components, Others); By Frequency Band (V-Band, E-Band, Other Frequency Bands); By Application (Telecommunications, Military & Defense, Automotive & Transport, Healthcare, Electronics & Semiconductor, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Millimeter Wave Technology Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2025-08-27
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Millimeter Wave Technology Market

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Market Overview:

Millimeter Wave Technology Market size was valued at USD 1,520.0 million in 2018 to USD 4,887.7 million in 2024 and is anticipated to reach USD 68,967.0 million by 2032, at a CAGR of 39.3% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Millimeter Wave Technology Market Size 2024	USD 4,887.7 million
Millimeter Wave Technology Market, CAGR	3.93%
Millimeter Wave Technology Market Size 2032	USD 68,967.0 million

The millimeter wave technology market is shaped by leading players such as Aviat Networks, BridgeWave Communications, E-Band Communications, Farran Technology, Keysight Technologies, LightPointe Communications, Millitech, NEC Corporation, QuinStar Technology, Eravant, Siklu Communication, and Trex Enterprises. These companies focus on advancing 5G infrastructure, high-capacity backhaul, radar systems, and imaging solutions to strengthen their market presence. Asia Pacific leads the global market with a 41.0% share, supported by large-scale 5G rollouts, rapid urbanization, and significant investments in smart cities, telecommunications, and automotive radar applications, ensuring its position as the dominant regional hub.

Market Insights

The Millimeter Wave Technology Market grew from USD 1,520.0 million in 2018 to USD 4,887.7 million in 2024 and is expected to reach USD 68,967.0 million by 2032.
Telecommunication equipment dominates with a 52% share, driven by rapid 5G deployment, demand for high-bandwidth services, and expansion of advanced wireless infrastructure worldwide.
Antennas and transceivers lead the component segment with a 34% share, supported by their rising use in base stations, wireless backhaul, and high-frequency communication systems.
The E-Band segment holds the largest share at 48%, boosted by its ability to deliver multi-gigabit data transfer for telecom backhaul and enterprise-level connectivity solutions.
Asia Pacific leads the market with a 41.0% share, fueled by rapid urbanization, massive 5G rollout projects, strong smart city investments, and growing automotive radar adoption.

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Market Segment Insights

By Product

Telecommunication equipment dominates the millimeter wave technology market with a 52% share. The segment’s growth is driven by rapid 5G deployment, demand for high-bandwidth services, and expansion of advanced wireless infrastructure. Imaging and scanning systems follow, supported by adoption in healthcare diagnostics and security screening, while radar and satellite communication systems gain traction in aerospace, defense, and navigation applications.

For instance, Verizon’s 5G Ultra Wideband service in the U.S. leverages millimeter wave spectrum to deliver multi‑gigabit speeds in dense urban areas.

By Component

Antennas and transceivers lead the market with a 34% share. Their dominance reflects rising use in base stations, wireless backhaul, and high-frequency communication networks. Amplifiers and oscillators contribute significantly due to their role in enhancing signal strength and stability, while control devices, frequency converters, and passive components address niche requirements in industrial, defense, and healthcare applications.

For instance, Nokia’s AirScale antenna solutions are deployed in 5G base stations to deliver enhanced coverage and low-latency connectivity.

By Frequency Band

The E-Band segment holds the largest share at 48%, driven by its capacity to support multi-gigabit data transfer for telecom backhaul and enterprise connectivity. The V-Band follows, with strong adoption in urban small-cell networks and indoor communications. Other frequency bands remain vital for defense, automotive radar, and experimental research, offering flexibility for specialized use cases across industries.

Market Overview

5G Deployment and Telecom Expansion

The widespread rollout of 5G networks is a primary driver for the millimeter wave technology market. High-frequency bands enable faster data transfer, low latency, and improved connectivity, making them essential for next-generation communication. Telecom operators are investing heavily in infrastructure upgrades, including small cells and backhaul solutions, to enhance urban network performance. Governments worldwide are releasing spectrum allocations, further boosting adoption. Rising demand for ultra-reliable connectivity in sectors such as smart cities, IoT applications, and autonomous systems reinforces the growth trajectory.

For instance, Vodafone Idea expanded its 5G network to Jaipur using Ericsson’s energy-efficient radios and AI-powered self-organizing network technology to improve urban connectivity while reducing operational complexity.

Rising Defense and Security Applications

Defense modernization programs are accelerating the adoption of millimeter wave technology for advanced radar, surveillance, and communication systems. Militaries are increasingly using high-frequency bands to improve target detection, secure communications, and battlefield awareness. Imaging and scanning applications also benefit homeland security agencies, which employ millimeter wave scanners for airport screening and perimeter monitoring. With geopolitical tensions driving defense budgets upward, investments in sophisticated communication and surveillance infrastructure continue to rise, positioning the segment as a key growth engine for the market.

For instance, Boeing’s AN/APG-78 Longbow Ka-band fire-control radar uses millimeter waves to track up to 128 targets simultaneously and engage 16 targets within 30 seconds, significantly improving battlefield targeting and situational awareness.

Growing Healthcare and Industrial Use Cases

Healthcare and industrial sectors are witnessing strong adoption of millimeter wave technology for imaging, diagnostics, and non-invasive scanning solutions. Hospitals use it for high-resolution body scanners, while industries deploy it for material characterization, quality inspection, and robotics. The technology’s precision and non-ionizing radiation make it safer for medical diagnostics and industrial inspection compared to alternatives. Rising investment in advanced imaging tools and automation in industries such as manufacturing, aerospace, and pharmaceuticals ensures continuous demand. These factors highlight healthcare and industrial applications as strong contributors to market growth.

Key Trends & Opportunities

Integration with IoT and Smart Devices

The integration of millimeter wave technology with IoT platforms is emerging as a major trend. High-speed, short-range communication supports seamless connectivity for autonomous vehicles, smart wearables, and connected home devices. As IoT ecosystems expand, demand for reliable low-latency networks grows. This creates opportunities for vendors to introduce compact, energy-efficient chipsets and modules. The convergence of IoT and millimeter wave applications will transform industries, enabling new possibilities in telemedicine, logistics automation, and predictive maintenance, driving market opportunities for technology providers.

For instance, the mmPlug module developed by researchers can be easily connected to the antenna port of any IoT device, enabling it to operate in the millimeter wave band without modifying the device’s existing circuitry or firmware.

Advancements in Automotive Radar Systems

Automotive radar is a rapidly growing application, offering strong opportunities for the millimeter wave technology market. Automakers are adopting 77 GHz and higher-band radars for collision avoidance, adaptive cruise control, and autonomous driving. Rising emphasis on road safety regulations and consumer preference for advanced driver assistance systems (ADAS) boost demand. Suppliers are innovating with high-resolution radar sensors that deliver real-time environment mapping. As autonomous vehicle development accelerates, millimeter wave radar is positioned as a critical enabler, creating long-term opportunities across global automotive markets.

For instance, Infineon offers scalable 77/79 GHz radar chipsets that support applications from short-range parking assistance to long-range autonomous driving functions, enabling precise real-time environment mapping and sensor fusion integration.

Key Challenges

High Infrastructure and Deployment Costs

The deployment of millimeter wave networks requires significant capital investment in base stations, antennas, and supporting infrastructure. Short transmission ranges necessitate dense small-cell installations, increasing rollout costs. For developing economies, high upfront expenditure limits adoption despite the technology’s benefits. Even in developed markets, telecom operators face challenges in balancing investment against return on investment. Cost-effective deployment strategies and infrastructure-sharing models are essential to overcome this barrier, as financial constraints remain one of the major hurdles to widespread adoption.

Limited Propagation and Coverage Issues

Millimeter wave signals face challenges such as high atmospheric absorption, poor penetration through obstacles, and limited coverage range. These factors make the technology less suitable for rural or large-scale outdoor deployments without dense infrastructure support. Weather conditions, including rain and humidity, further affect performance. Such propagation issues restrict seamless connectivity, especially in areas lacking advanced telecom infrastructure. Vendors and operators must invest in innovative solutions such as beamforming, repeaters, and hybrid communication systems to mitigate these limitations and ensure reliable performance.

Regulatory and Spectrum Allocation Barriers

Regulatory frameworks and spectrum allocation policies vary significantly across regions, slowing market growth. In some countries, delayed spectrum auctions and restrictive licensing procedures limit adoption of millimeter wave technologies. Inconsistent global standards complicate interoperability for vendors, creating barriers for large-scale deployments. Moreover, competing demands for spectrum between telecom, defense, and satellite industries add to complexity. Overcoming these regulatory challenges requires coordinated efforts from policymakers, standardization bodies, and industry stakeholders to ensure harmonized allocation and drive broader adoption.

Regional Analysis

North America

North America holds the largest share of the millimeter wave technology market at 39.3%. The region benefits from early 5G adoption, strong telecom infrastructure, and significant investments by major operators in small-cell deployment. High demand from defense, healthcare, and automotive sectors further accelerates growth. Market size has expanded from USD 636.9 million in 2018 to USD 2,026.4 million in 2024, and it is projected to reach USD 28,554.3 million by 2032. Continuous regulatory support and strong R&D activity ensure North America remains a leader throughout the forecast period.

Europe

Europe accounts for 38.3% of the market, driven by rapid digitalization and expanding 5G coverage. Countries like Germany, the UK, and France lead in adoption, while Eastern Europe shows emerging potential. Market revenue grew from USD 377.0 million in 2018 to USD 1,162.2 million in 2024, with forecasts of USD 15,431.6 million by 2032. Strong emphasis on industrial automation, defense modernization, and connected transport systems supports regional growth. Harmonized spectrum policies and EU-backed funding programs further enhance Europe’s role as a significant contributor to the global market.

Asia Pacific

Asia Pacific represents 41.0% of the global share, making it the fastest-growing region. China, Japan, South Korea, and India are major growth engines due to rapid urbanization and massive 5G rollout projects. Market value increased from USD 349.6 million in 2018 to USD 1,177.2 million in 2024, with expectations to reach USD 18,374.9 million by 2032. High consumer demand for advanced smartphones, growing smart city projects, and large-scale manufacturing adoption drive growth. Government-led spectrum allocation and investments in telecom and automotive radar systems strengthen Asia Pacific’s leadership in the market.

Latin America

Latin America contributes 38.0% to the market, supported by increasing telecom investments and expanding connectivity programs. Brazil and Mexico lead adoption, while smaller economies gradually integrate millimeter wave technology into telecom and defense applications. The market expanded from USD 92.7 million in 2018 to USD 295.2 million in 2024, with projections of USD 3,853.9 million by 2032. Rising demand for advanced communication systems and regulatory support for spectrum allocation provide long-term opportunities. However, slower infrastructure development compared to developed regions remains a key restraint.

Middle East

The Middle East holds 36.7% share, driven by adoption in smart cities, defense projects, and telecom modernization. GCC countries, particularly Saudi Arabia and the UAE, lead in 5G infrastructure rollouts and security investments. Market revenue grew from USD 41.0 million in 2018 to USD 120.2 million in 2024, with projections of USD 1,455.6 million by 2032. The region’s focus on high-speed connectivity and diversified economic development fuels adoption. However, reliance on government-led initiatives makes the pace of growth uneven across different Middle Eastern countries.

Africa

Africa represents 36.1% of the market, with gradual growth fueled by telecom expansion and rising demand for digital connectivity. South Africa, Nigeria, and Egypt are primary adopters, while other countries remain in early development stages. The market increased from USD 22.8 million in 2018 to USD 106.6 million in 2024, and it is expected to reach USD 1,296.8 million by 2032. Growing investments in mobile broadband and healthcare imaging systems are improving adoption rates. However, infrastructure gaps and limited spectrum allocation remain major challenges for widespread market penetration.

Market Segmentations:

By Product

Telecommunication Equipment
Imaging & Scanning Systems
Radar & Satellite Communication Systems

By Component

Antennas & Transceivers
Amplifiers
Oscillators
Control Devices
Frequency Converters
Passive Components
Others

By Frequency Band

V-Band
E-Band
Other Frequency Bands

By Application

Telecommunications
Military & Defense
Automotive & Transport
Healthcare
Electronics & Semiconductor
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

Competitive Landscape

The competitive landscape of the millimeter wave technology market is defined by intense rivalry among global and regional players focusing on innovation, strategic partnerships, and expansion across telecom, defense, and industrial sectors. Key companies such as Aviat Networks, BridgeWave Communications, Keysight Technologies, NEC Corporation, Siklu Communication, and Trex Enterprises emphasize product advancements in antennas, transceivers, and high-capacity backhaul solutions to capture market share. Vendors are actively investing in research and development to enhance performance, reduce costs, and address challenges related to limited propagation and high deployment expenses. Strategic mergers, acquisitions, and collaborations with telecom operators and defense organizations further strengthen their positions. Emerging players are entering with niche solutions targeting healthcare imaging, automotive radar, and smart city applications. With Asia Pacific leading the market, companies are increasingly prioritizing this region for expansion due to strong 5G infrastructure growth and rising demand for advanced connectivity, making competition more dynamic and innovation-driven.

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Key Players

Aviat Networks, Inc.
BridgeWave Communications
E-Band Communications, LLC
Farran Technology
Keysight Technologies
LightPointe Communications, Inc.
Millitech, Inc.
NEC Corporation
QuinStar Technology, Inc.
Eravant
Siklu Communication Ltd.
Trex Enterprises Corporation

Recent Developments

l In August 2023, Siklu (now part of Ceragon Networks) introduced the MultiHaul™ TG T261 terminal unit, its smallest point-to-multipoint 60 GHz millimeter wave product.
In December 2023, Eravant (formerly SAGE Millimeter Inc.) received a patent (US No. 11,804,681) for its Uni-Guide™ waveguide connector, designed to simplify mmWave component integration while reducing cost and design complexity.
In March 2025, Maury Microwave acquired millimeter-wave and sub-THz load-pull IP from Vertigo Technologies, expanding its testing capabilities up to 1.1 THz.
In February 2025, Ceragon launched new mmWave backhaul products at MWC 2025, including EtherHaul 8020FX, IP-100E, IP-50GP, and IP-50EXA, strengthening high-capacity wireless transport solutions.

Market Concentration & Characteristics

The Millimeter Wave Technology Market demonstrates moderate to high concentration, with a mix of established players and emerging innovators driving competition. It is characterized by rapid technological advancements, strong dependence on spectrum availability, and high capital requirements for infrastructure development. Leading companies such as Aviat Networks, Keysight Technologies, NEC Corporation, and Siklu Communication focus on expanding their product portfolios to address applications in telecommunications, defense, automotive, and healthcare. It shows strong growth potential due to 5G deployment and demand for high-capacity data transfer, though challenges like limited propagation and deployment costs persist. The market emphasizes innovation in antennas, transceivers, and radar systems, with vendors prioritizing energy efficiency and miniaturization. Strategic collaborations, regulatory support for spectrum allocation, and increasing adoption in smart cities further define its characteristics. With Asia Pacific leading in adoption and North America maintaining strong presence, it reflects a dynamic and innovation-driven competitive structure supported by sustained investments.

Report Coverage

The research report offers an in-depth analysis based on Produt, Application, Frequency Band, Component and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

Demand for 5G infrastructure will continue to drive widespread adoption of millimeter wave technology.
Telecom operators will expand small-cell deployments to support dense urban connectivity.
Defense and aerospace sectors will increase adoption for advanced radar and secure communication systems.
Automotive manufacturers will integrate millimeter wave radar for ADAS and autonomous driving.
Healthcare providers will adopt imaging solutions for non-invasive diagnostics and patient monitoring.
Industrial sectors will utilize the technology for automation, robotics, and quality inspection.
Vendors will prioritize energy-efficient and miniaturized components for broader applications.
Spectrum allocation and regulatory harmonization will influence market penetration across regions.
Strategic partnerships between telecom providers and equipment manufacturers will strengthen competitive positions.
Asia Pacific will remain the primary growth hub due to large-scale smart city and telecom investments.

CHAPTER NO. 1 : GENESIS OF THE MARKET

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2 : EXECUTIVE LENS

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews

CHAPTER NO. 3 : MILLIMETER WAVE TECHNOLOGY MARKET FORCES & INDUSTRY PULSE

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

3.6.1 Regional Price Trend
3.6.2 Price Trend by product

CHAPTER NO. 4 : KEY INVESTMENT EPICENTER

4.1 Regional Goldmines – High-Growth Geographies

4.2 Product Frontiers – Lucrative Product Categories

4.3 Component Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Product & Component Revenue

CHAPTER NO. 6 : TRADE & COMMERCE ANALYSIS

6.1. Import Analysis by Region

6.1.1. Global Millimeter Wave Technology Market Import Revenue By Region

6.2. Export Analysis by Region

6.2.1. Global Millimeter Wave Technology Market Export Revenue By Region

CHAPTER NO. 7 : COMPETITION ANALYSIS

7.1. Company Market Share Analysis

7.1.1. Global Millimeter Wave Technology Market: Company Market Share

7.2. Global Millimeter Wave Technology Market Company Revenue Market Share

7.3. Strategic Developments

7.3.1. Acquisitions & Mergers

7.3.2. New Product Launch

7.3.3. Regional Expansion

7.4. Competitive Dashboard

7.5. Company Assessment Metrics, 2024

CHAPTER NO. 8 : MILLIMETER WAVE TECHNOLOGY MARKET – BY PRODUCT SEGMENT ANALYSIS

8.1. Millimeter Wave Technology Market Overview by Product Segment

8.1.1. Millimeter Wave Technology Market Revenue Share By Product

8.2. Telecommunication Equipment

8.3. Imaging & Scanning Systems

8.4. Radar & Satellite Communication Systems

CHAPTER NO. 9 : MILLIMETER WAVE TECHNOLOGY MARKET – BY COMPONENT SEGMENT ANALYSIS

9.1. Millimeter Wave Technology Market Overview by Component Segment

9.1.1. Millimeter Wave Technology Market Revenue Share By Component

9.2. Antennas & Transceivers

9.3. Amplifiers

9.4. Oscillators

9.5. Control Devices

9.6. Frequency Converters

9.7. Passive Components

9.8. Others

CHAPTER NO. 10 : MILLIMETER WAVE TECHNOLOGY MARKET – BY FREQUENCY BAND FIREWALL SEGMENT ANALYSIS

10.1. Millimeter Wave Technology Market Overview by Frequency Band Segment

10.1.1. Millimeter Wave Technology Market Revenue Share By Frequency Band

10.2. V-Band

10.3. E-Band

10.4. Other Frequency Band

CHAPTER NO. 11 : MILLIMETER WAVE TECHNOLOGY MARKET – BY APPLICATION SEGMENT ANALYSIS

11.1. Millimeter Wave Technology Market Overview by Application Segment

11.1.1. Millimeter Wave Technology Market Revenue Share By Application

11.2. Telecommunications

11.3. Military & Defense

11.4. Automotive & Transport

11.5. Healthcare

11.6. Electronics & Semiconductor

11.7. Others

CHAPTER NO. 12 : MILLIMETER WAVE TECHNOLOGY MARKET – REGIONAL ANALYSIS

12.1. Millimeter Wave Technology Market Overview by Region Segment

12.1.1. Global Millimeter Wave Technology Market Revenue Share By Region

12.1.2. Regions

12.1.3. Global Millimeter Wave Technology Market Revenue By Region

12.1.4. Product

12.1.5. Global Millimeter Wave Technology Market Revenue By Product

12.1.6. Component

12.1.7. Global Millimeter Wave Technology Market Revenue By Component

12.1.8. Frequency Band

12.1.9. Global Millimeter Wave Technology Market Revenue By Frequency Band

12.1.10. Application

12.1.11. Global Millimeter Wave Technology Market Revenue By Application

CHAPTER NO. 13 : NORTH AMERICA MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

13.1. North America Millimeter Wave Technology Market Overview by Country Segment

13.1.1. North America Millimeter Wave Technology Market Revenue Share By Region

13.2. North America

13.2.1. North America Millimeter Wave Technology Market Revenue By Country

13.2.2. Product

13.2.3. North America Millimeter Wave Technology Market Revenue By Product

13.2.4. Component

13.2.5. North America Millimeter Wave Technology Market Revenue By Component

13.2.6. Frequency Band

13.2.7. North America Millimeter Wave Technology Market Revenue By Frequency Band

13.2.8. Application

13.2.9. North America Millimeter Wave Technology Market Revenue By Application

13.3. U.S.

13.4. Canada

13.5. Mexico

CHAPTER NO. 14 : EUROPE MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

14.1. Europe Millimeter Wave Technology Market Overview by Country Segment

14.1.1. Europe Millimeter Wave Technology Market Revenue Share By Region

14.2. Europe

14.2.1. Europe Millimeter Wave Technology Market Revenue By Country

14.2.2. Product

14.2.3. Europe Millimeter Wave Technology Market Revenue By Product

14.2.4. Component

14.2.5. Europe Millimeter Wave Technology Market Revenue By Component

14.2.6. Frequency Band

14.2.7. Europe Millimeter Wave Technology Market Revenue By Frequency Band

14.2.8. Application

14.2.9. Europe Millimeter Wave Technology Market Revenue By Application

14.3. UK

14.4. France

14.5. Germany

14.6. Italy

14.7. Spain

14.8. Russia

14.9. Rest of Europe

CHAPTER NO. 15 : ASIA PACIFIC MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

15.1. Asia Pacific Millimeter Wave Technology Market Overview by Country Segment

15.1.1. Asia Pacific Millimeter Wave Technology Market Revenue Share By Region

15.2. Asia Pacific

15.2.1. Asia Pacific Millimeter Wave Technology Market Revenue By Country

15.2.2. Product

15.2.3. Asia Pacific Millimeter Wave Technology Market Revenue By Product

15.2.4. Component

15.2.5. Asia Pacific Millimeter Wave Technology Market Revenue By Component

15.2.6. Frequency Band

15.2.7. Asia Pacific Millimeter Wave Technology Market Revenue By Frequency Band

15.2.8. Application

15.2.9. Asia Pacific Millimeter Wave Technology Market Revenue By Application

15.3. China

15.4. Japan

15.5. South Korea

15.6. India

15.7. Australia

15.8. Southeast Asia

15.9. Rest of Asia Pacific

CHAPTER NO. 16 : LATIN AMERICA MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

16.1. Latin America Millimeter Wave Technology Market Overview by Country Segment

16.1.1. Latin America Millimeter Wave Technology Market Revenue Share By Region

16.2. Latin America

16.2.1. Latin America Millimeter Wave Technology Market Revenue By Country

16.2.2. Product

16.2.3. Latin America Millimeter Wave Technology Market Revenue By Product

16.2.4. Component

16.2.5. Latin America Millimeter Wave Technology Market Revenue By Component

16.2.6. Frequency Band

16.2.7. Latin America Millimeter Wave Technology Market Revenue By Frequency Band

16.2.8. Application

16.2.9. Latin America Millimeter Wave Technology Market Revenue By Application

16.3. Brazil

16.4. Argentina

16.5. Rest of Latin America

CHAPTER NO. 17 : MIDDLE EAST MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

17.1. Middle East Millimeter Wave Technology Market Overview by Country Segment

17.1.1. Middle East Millimeter Wave Technology Market Revenue Share By Region

17.2. Middle East

17.2.1. Middle East Millimeter Wave Technology Market Revenue By Country

17.2.2. Product

17.2.3. Middle East Millimeter Wave Technology Market Revenue By Product

17.2.4. Component

17.2.5. Middle East Millimeter Wave Technology Market Revenue By Component

17.2.6. Frequency Band

17.2.7. Middle East Millimeter Wave Technology Market Revenue By Frequency Band

17.2.8. Application

17.2.9. Middle East Millimeter Wave Technology Market Revenue By Application

17.3. GCC Countries

17.4. Israel

17.5. Turkey

17.6. Rest of Middle East

CHAPTER NO. 18 : AFRICA MILLIMETER WAVE TECHNOLOGY MARKET – COUNTRY ANALYSIS

18.1. Africa Millimeter Wave Technology Market Overview by Country Segment

18.1.1. Africa Millimeter Wave Technology Market Revenue Share By Region

18.2. Africa

18.2.1. Africa Millimeter Wave Technology Market Revenue By Country

18.2.2. Product

18.2.3. Africa Millimeter Wave Technology Market Revenue By Product

18.2.4. Component

18.2.5. Africa Millimeter Wave Technology Market Revenue By Component

18.2.6. Frequency Band

18.2.7. Africa Millimeter Wave Technology Market Revenue By Frequency Band

18.2.8. Application

18.2.9. Africa Millimeter Wave Technology Market Revenue By Application

18.3. South Africa

18.4. Egypt

18.5. Rest of Africa

CHAPTER NO. 19 : COMPANY PROFILES

19.1. Aviat Networks, Inc.

19.1.1. Company Overview

19.1.2. Product Portfolio

19.1.3. Financial Overview

19.1.4. Recent Developments

19.1.5. Growth Strategy

19.1.6. SWOT Analysis

19.2. BridgeWave Communications

19.3. E-Band Communications, LLC

19.4. Farran Technology

19.5. Keysight Technologies

19.6. LightPointe Communications, Inc.

19.7 Millitech, Inc.

19.8. NEC Corporation

19.9. QuinStar Technology, Inc.

19.10. Eravant

19.11. Siklu Communication Ltd.

19.12. Trex Enterprises Corporation

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Frequently Asked Questions

What is the current market size for Millimeter Wave Technology Market, and what is its projected size in 2032?

The Millimeter Wave Technology Market reached USD 4,887.7 million in 2024 and is projected to grow significantly, reaching USD 68,967.0 million by 2032.

At what Compound Annual Growth Rate is the Millimeter Wave Technology Market projected to grow between 2025 and 2032?

The Millimeter Wave Technology Market is projected to expand at a strong compound annual growth rate of 39.3% during the forecast period from 2025 to 2032.

Which Millimeter Wave Technology Market segment held the largest share in 2024?

In 2024, the telecommunication equipment segment dominated the Millimeter Wave Technology Market, capturing the largest share at 52% due to 5G rollout and infrastructure demand.

What are the primary factors fueling the growth of the Millimeter Wave Technology Market?

The market is fueled by 5G expansion, rising defense and security adoption, growing healthcare imaging demand, and industrial applications in automation, inspection, and advanced diagnostics.

About Author

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

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The Demand Side Management market was valued at USD 12.8 billion in 2024 and is projected to reach USD 43.43 billion by 2032, growing at a CAGR of 16.5% during the forecast period.

Drylab Photo Printing Market

The Drylab Photo Printing market was valued at USD 440.5 million in 2024 and is projected to reach USD 607.51 million by 2032, growing at a CAGR of 4.1% during the forecast period.

Document Scanner Market

The document scanner market was valued at USD 3.8 billion in 2024 and is projected to reach USD 7.19 billion by 2032, growing at a CAGR of 8.3% during the forecast period.

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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

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