Dublin, April 04, 2023 (GLOBE NEWSWIRE) -- The "Millimeter Wave Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Millimeter Wave Equipment estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$6.8 Billion by 2030, growing at a CAGR of 18.5% over the analysis period 2022-2030.
Telecommunication Equipment, one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$4.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Radar & Satellite Communication Systems segment is readjusted to a revised 21.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $510.9 Million, While China is Forecast to Grow at 17.7% CAGR
The Millimeter Wave Equipment market in the U.S. is estimated at US$510.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 17.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.7% and 15.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
Select Competitors (Total 36 Featured) -
- Aviat Networks, Inc.
- Bridgewave Communications
- DragonWave, Inc.
- E-Band Communications
- ELVA-1 Millimeter Wave Division
- Intracom Telecom
- NEC Corporation
- Siklu Communication Ltd
- Trex Enterprises Corporation
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 272 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.7 Billion |
| Forecasted Market Value (USD) by 2030 | $6.8 Billion |
| Compound Annual Growth Rate | 18.9% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Millimeter Wave Technology - Changing the Wireless Future
- Bandwidth Hungry Networks to Drive the Market
- Recent Market Activity
- Millimeter Wave Spectrum
- Outlook
- Overcoming the Limitations
- Competitive Scenario
- Millimeter Wave Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Applications to Drive the Market
- Transforming Wireless Technology Landscape Offers Ripe Opportunities
- Evolution of Mobile Wireless Technologies
- 5G - The Future in Store
- Small Cell Backhaul - A Lucrative Segment
- Growing Need for High Frequency Bandwidths for Ultrahigh Capacity Backhaul
- Metrocells - A Step Ahead of Macrocells
- Expanding Internet User Base: A Key Driving Force
- Rapid Penetration of Smartphones: A Strong Growth Driver
- Exploring Opportunities for Mm-Wave Technology
- Radar on A Chip Penetrates New End Markets
- Leveraging on the Controversies Surrounding X-Ray Scanners
- Cracking the Quality Issues
- Evolving to Suit New Generation Radio Access Network
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9u9xm8
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