The global Millimeter Wave Equipment market was valued at 408.8 Million USD in 2021 and will grow with a CAGR of 26.45% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The frequency of millimeter electronic wave lies in between 3GHz to 300 GHz. It is a special electromagnetic wave whose frequency is far beyond the frequency range of other commonly used wireless technologies. Originally electromagnetic waves having frequencies higher than 80GHz were termed as microwaves and electromagnetic waves having even higher frequencies were termed as radio waves. However, with commercialization of this technology, the demarcation between various frequencies has blurred.The demand for higher bandwidth continues to escalate as more and more consumers gain access to the internet, and as existing users report higher data consumption. From young consumers who extensively use smartphones to corporate data centers experiencing mounting volumes of data, the answer lies in offering higher bandwidths. This bandwidth demand can only be met by introducing newer technologies to the market, such as the use of fiber optic cables, which are currently the best solution for delivering maximum bandwidth. Yet, the high cost of fiber optic cables has proven to be a deterrent to its wider adoption. This is where the millimeter wave wireless technology comes into the picture by offering similar bandwidths at lower prices. The ability of millimeter wave equipment to deliver an economical solution greatly works in its favor.

By Market Verdors:

Aviat Networks, Inc. (USA)

BridgeWave Communications, Inc. (USA)

Wireless Excellence Limited (UK)

DragonWave, Inc. (Canada)

E-Band Communications, LLC (USA)

ELVA-1 Millimeter Wave Division (Russia)

INTRACOM TELECOM (Greece)

NEC Corporation (Japan)

Siklu Communication Ltd (Israel)

Trex Enterprises Corporation (USA)

By Types:

Millimeter scanners

Millimeter radars

Millimeter micro scale backhaul

By Applications:

Automotive

Telecommunication

Healthcare

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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