DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Millimeter Wave (MMW) Technology Market Analysis By Product (Telecom Equipment, Imaging & Scanning And Radar & Satellite Communication Systems), By Component, Application, Frequency Band, & Segment Forecasts, 2014 - 2025" report to their offering.
The global millimeter wave (MMW) technology market is estimated to reach USD 8.69 billion by 2025
The millimeter waves technology market is highly consolidated, in terms of applications and components, where it is extensively used. The major 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.
Owing to the demand for higher bandwidths in the fifth-generation technology, millimeter waves are expected to play a prominent role in the development of 5G technology. As the market is experiencing a shift toward the adoption of fifth-generation technology, the millimeter wave technology market is thus anticipated to grow, significantly, during the forecast period.
The increasing demand of 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 the expected to be the potential markets capable of offering strong growth opportunities for the technology, owing to the increasing awareness of security measures.
North America contributed for the majority of the market share of more than 45.0% in 2015. The massive market share across the region can be accredited to the extensive adoption of the MMW technology in several sectors. However, the Asia Pacific region is expected to exhibit the remarkable growth over the estimated duration.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Industry Outlook
4. MMW Technology Product Outlook
5. MMW Technology Component Outlook
6. MMW Technology Application Outlook
7. MMW Technology Frequency Band Outlook
8. MMW Technology Regional Outlook
9. Competitive Landscape
- Aviat Networks, Inc.
- Bridgewave Communications, Inc.
- E- Band Communications, LLC
- Farran Technology Ltd.
- Keysight Technologies, Inc
- Lightpointe Communications, Inc.
- Millitech, Inc.
- NEC Corporation
- QuinStar Technology, Inc.
- Sage Millimeter, Inc.
- Siklu Communication Ltd.
- Trex Enterprises Corporation
For more information about this report visit http://www.researchandmarkets.com/research/hl2kx7/millimeter_wave