DUBLIN, April 7, 2023 /PRNewswire/ — 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 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/qsvr5w

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