Worldwide Millimeter Wave Technology Industry to 2029 – by Product, Component, Frequency Band, Application and Region – ResearchAndMarkets.com – QNT Press Release

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The “Millimeter Wave Technology Market Share, Size, Trends, Industry Analysis Report, By End-Use; By Product; By Frequency Band; By Region; Segment Forecast, 2021 – 2029” report has been added to ResearchAndMarkets.com’s offering.

The global millimeter wave technology market size is expected to reach $5.13 billion by 2029 according to this new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

Companies Mentioned

  • BridgeWave Communications

  • CableFree

  • Denso Corporation

  • E-Band Communications LLC

  • Farran Technology

  • Fujitsu

  • Hubei YJT Technology

  • Keysight Technologies

  • L3 Technologies Inc.

  • Millimeter Wave Products Inc.

  • Mitsubishi Electric Corporation

  • MMW Biomedical

  • NEC Corporation

  • SAGE Millimeter Inc.

  • Siklu Communication

  • Wireless Excellence

The MMW technology has enabled the radar tech for automotive & transport applications. It implies the technique in radio-frequency modules which renders an effective radar performance. These emerging applications of MMW across the automotive and healthcare industries are therefore expected to fuel the demand for MMW devices. As a result, the global market is anticipated to experience a notable swift over the estimated time.

Moreover, the ability of millimeter waves to penetrate through almost all the materials including concealed solid as well as liquid objects have made the technique extremely reliable from the security perspective. Therefore, resulting in the heavy adoption of MMW scanners at a fast pace across the security sector, in turn helping the overall MMW technology market to flourish significantly.

A few important parameters to be considered…

Full story available on Benzinga.com

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