North America Millimeter Wave Technology Market Forecast 2019-2027
KEY FINDINGS
The North America millimeter wave technology market finds its application in mobile & telecommunication, consumer and commercial, healthcare and others. Over the forecast years of 2019-2027, this market is expected to rise with a CAGR of 31.67%.
MARKET INSIGHTS
North America millimeter wave technology market mainly covers the economic contribution countries such as the United States and Canada.
The propagation of smart TVs, high adoption of smartphones, and emerging technologies such as the IoT will drive the regional market during the forecast period. Furthermore, the growing proliferation of smartphones and 4G network has boosted the demand for more spectrum space in the telecom sector, driving the millimeter wave technology market in the region.
Government support for promoting 5G technologies is augmenting the market demand in this region. Rising mobile data traffic is also hugely impacting the growth of the millimeter wave technology market in North America. However, range barriers in this technology and non-uniform and fragmented licensing practices are challenging the market growth.
COMPETITIVE INSIGHTS
Major market players like Trex Enterprises Corporation, Millitech Inc. (Acquired By Smith Group), Siklu Communication Ltd., E-Band Communications, Llc, Aviat Networks, Inc, NEC Corporation, Farran Technology Ltd., Quinstar Technology Inc., Lightpointe Communications, Inc., Sage Millimetre, Fujitsu Limited, Proxim Wireless Corporation (Acquired By Terabeam), Bridgewave Communications, Inc., Sivers Ima, and Keysight Technologies, Inc. are operating in the region which are profiled in the report.
- 1. Research Scope
- 1.1. Study Goals
- 1.2. Scope Of The Market Study
- 1.3. Who Will Find This Report Useful?
- 1.4. Study & Forecasting Years
- 2. Research Methodology
- 2.1. Sources Of Data
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.2. Top-down Approach
- 2.3. Bottom-up Approach
- 2.4. Data Triangulation
- 3. Executive Summary
- 3.1. Market Summary
- 3.2. Key Findings
- 3.2.1. North Holds The Largest Revenue Share Of Market
- 3.2.2. Fully Licensed Frequency Band Leads License Type Segment Of Market
- 3.2.3. Radar & Satellite Segment To Offer Lucrative Growth Opportunities
- 3.2.4. Growing Adoption Of Mmw In Small Cell Networks
- 4. Market Dynamics
- 4.1. Parent Market Analysis: Mobile & Backhaul Equipment Market
- 4.2. Timeline Of Millimeter Wave Technology
- 4.3. Market Definition & Scope
- 4.4. Market Drivers
- 4.4.1. Rising Data Traffic & Demand For Bandwidth Intensive Applications
- 4.4.2. Increasing Trend Of Smartphone Ownership
- 4.4.3. High Investments For Development Of 5g Infrastructure Across The World
- 4.4.4. Growing Interest For Mmw Technology In Security & Radar Applications
- 4.4.5. Rising Potential Of Mmw Technology In Consumer Electronics
- 4.5. Market Restraints
- 4.5.1. Adverse Effect On Environment
- 4.5.2. Health-related Issues
- 4.5.3. Propagation Limitations
- 4.6. Market Opportunities
- 4.6.1. Availability Of Unallocated Spectrum In Millimeter Wave Band Above 30 Ghz
- 4.6.2. Use Of Mmw Technology In Autonomous Vehicles
- 4.7. Market Challenges
- 4.7.1. Range Barrier In Millimeter Wave Technology
- 4.7.2. Non-uniform & Fragmented Licensing Practices
- 5. Market By Product & Service
- 5.1. Scanner Systems
- 5.2. Telecommunication Equipment
- 5.3. Radar & Satellite Communication Systems
- 6. Market By Frequency Band
- 6.1. 30 Ghz & 57 Ghz
- 6.2. 57 Ghz & 86 Ghz
- 6.3. 86 Ghz & 300 Ghz
- 7. Market By License Type
- 7.1. Light Licensed Frequency
- 7.2. Unlicensed Frequency
- 7.3. Fully Licensed Frequency
- 8. Market By Application
- 8.1. Mobile & Telecommunication
- 8.2. Consumer & Commercial
- 8.3. Healthcare
- 8.4. Industrial
- 8.5. Automotive & Transportation
- 8.6. Military, Defense, & Aerospace
- 8.7. Imaging
- 9. Market By Components
- 9.1. Antennas & Transceiver Components
- 9.2. Frequency Sources & Related Components
- 9.3. Communication & Networking Components
- 9.4. Imaging Components
- 9.5. Rf & Radio Components
- 9.6. Sensors & Controllers
- 9.7. Interface Components
- 9.8. Power & Battery Components
- 10. Key Analytics
- 10.1. Porter’s Five Force Model
- 10.1.1. Threat Of New Entrants
- 10.1.2. Threat Of Substitute
- 10.1.3. Bargaining Power Of Suppliers
- 10.1.4. Bargaining Power Of Buyers
- 10.1.5. Threat Of Competitive Rivalry
- 10.2. Key Buying Criteria
- 10.2.1. Bandwidth
- 10.2.2. License
- 10.2.3. Cost
- 10.2.4. Application
- 10.3. Opportunity Matrix
- 10.4. Vendor Landscape
- 10.5. Value Chain Analysis
- 10.5.1. Research & Development
- 10.5.2. Raw Material Suppliers
- 10.5.3. Manufacturers
- 10.5.4. Service Providers
- 10.5.5. End Users
- 10.6. Legal, Policy & Regulatory Framework
- 10.7. Investment Analysis
- 10.7.1. By Product & Service
- 10.7.2. By Applications
- 11. Geographical Analysis- North America
- 11.1. United States
- 11.2. Canada
- 12. Competitive Landscape
- 12.1. Market Share Analysis
- 12.2. Key Company Analysis
- 12.3. Corporate Strategies
- 12.3.1. Product Launch
- 12.3.2. Partnership & Collaboration
- 12.4. Company Profiles
- 12.4.1. Aviat Networks, Inc.
- 12.4.2. Bridgewave Communications, Inc.
- 12.4.3. E-band Communications, Llc
- 12.4.4. Farran Technology Ltd.
- 12.4.5. Fujitsu Limited
- 12.4.6. Keysight Technologies, Inc.
- 12.4.7. Lightpointe Communications, Inc.
- 12.4.8. Millitech Inc. (Acquired By Smith Group)
- 12.4.9. Nec Corporation
- 12.4.10. Proxim Wireless Corporation (Acquired By Terabeam)
- 12.4.11. Quinstar Technology Inc.
- 12.4.12. Sage Millimetre
- 12.4.13. Siklu Communication Ltd.
- 12.4.14. Sivers Ima
- 12.4.15. Trex Enterprises Corporation
- List Of Tables
- Table 1: North America Millimeter Wave Technology Market, By Country, 2019-2027 (In $ Million)
- Table 2: Smartphone Ownership In Emerging Geographies In 2016 (In %)
- Table 3: Promising Investments In 5g Infrastructure Across The World
- Table 4: North America Millimeter Wave Technology Market, By Product & Service, 2019-2027, (In $ Million)
- Table 5: North America Millimeter Wave Technology Market, By Frequency Band, 2019-2027, (In $ Million)
- Table 6: North America Millimeter Wave Technology Market, By License Type, 2019-2027, (In $ Million)
- Table 7: North America Millimeter Wave Technology Market, By Application, 2019-2027, (In $ Million)
- Table 8: North America Millimeter Wave Technology Market, By Components, 2019-2027, (In $ Million)
- Table 9: Opportunity Matrix
- Table 10: Vendor Landscape
- Table 11: Legal, Policy & Regulatory Framework
- Table 12: North America Millimeter Wave Technology Market, By Country, 2019-2027 (In $ Million)
- Table 13: List Of Product Launch
- Table 14: List Of Partnership & Collaboration
- List Of Figures
- Figure 1: North America Millimeter Wave Technology Market, By Applications, 2018 & 2027 (In %)
- Figure 2: North America Millimeter Wave Technology Market, 2019-2027 (In $ Millions)
- Figure 3: Timeline Of Millimeter Wave Technology
- Figure 4: Wireless Data Traffic In United States, 2010-2016 (In Trillion Megabytes)
- Figure 5: Mobile Data Traffic Statistics Across Key Regions, 2016-2021, (In Exabyte Per Month)
- Figure 6: Regional Mobile Data Traffic Statistics, 2017-2021, (In Exabyte Per Month)
- Figure 7: Smartphone Users Across The World, 2016-2020 (In Billion)
- Figure 8: North America Millimeter Wave Technology Market, By Scanner Systems, 2019-2027 (In $ Million)
- Figure 9: North America Millimeter Wave Technology Market, By Telecommunication Equipment, 2019-2027 (In $ Million)
- Figure 10: North America Millimeter Wave Technology Market, By Radar & Satellite Communication Systems, 2019-2027 (In $ Million)
- Figure 11: North America Millimeter Wave Technology Market, By 30 Ghz & 57 Ghz, 2019-2027 (In $ Million)
- Figure 12: North America Millimeter Wave Technology Market, By 57 Ghz & 86 Ghz, 2019-2027 (In $ Million)
- Figure 13: North America Millimeter Wave Technology Market, By 86 Ghz & 300 Ghz, 2019-2027 (In $ Million)
- Figure 14: North America Millimeter Wave Technology Market, By Light Licensed Frequency, 2019-2027 (In $ Million)
- Figure 15: North America Millimeter Wave Technology Market, By Unlicensed Frequency, 2019-2027 (In $ Million)
- Figure 16: North America Millimeter Wave Technology Market, By Fully Licensed Frequency, 2019-2027 (In $ Million)
- Figure 17: North America Millimeter Wave Technology Market, By Mobile & Telecommunication, 2019-2027 (In $ Million)
- Figure 18: North America Millimeter Wave Technology Market, By Consumer & Commercial, 2019-2027 (In $ Million)
- Figure 19: North America Millimeter Wave Technology Market, By Healthcare, 2019-2027 (In $ Million)
- Figure 20: North America Millimeter Wave Technology Market, By Industrial, 2019-2027 (In $ Million)
- Figure 21: North America Millimeter Wave Technology Market, By Automotive & Transportation, 2019-2027 (In $ Million)
- Figure 22: North America Millimeter Wave Technology Market, By Military, Defense, & Aerospace, 2019-2027 (In $ Million)
- Figure 23: North America Millimeter Wave Technology Market, By Imaging, 2019-2027 (In $ Million)
- Figure 24: North America Millimeter Wave Technology Market, By Antennas & Transceiver Components, 2019-2027 (In $ Million)
- Figure 25: North America Millimeter Wave Technology Market, By Frequency Sources & Related Components, 2019-2027 (In $ Million)
- Figure 26: North America Millimeter Wave Technology Market, By Communication & Networking Components, 2019-2027 (In $ Million)
- Figure 27: North America Millimeter Wave Technology Market, By Imaging Components, 2019-2027 (In $ Million)
- Figure 28: North America Millimeter Wave Technology Market, By Rf & Radio Components, 2019-2027 (In $ Million)
- Figure 29: North America Millimeter Wave Technology Market, By Sensors & Controllers, 2019-2027 (In $ Million)
- Figure 30: North America Millimeter Wave Technology Market, By Interface Components, 2019-2027 (In $ Million)
- Figure 31: North America Millimeter Wave Technology Market, By Power & Battery Components, 2019-2027 (In $ Million)
- Figure 32: Porter’s Five Force Analysis
- Figure 33: Key Buying Impact Analysis
- Figure 34: Value Chain Of Millimeter Wave Technology Market
- Figure 35: Investment Analysis Of Millimeter Wave Technology Market In 2018, By Product & Service
- Figure 36: Investment Analysis Of Millimeter Wave Technology Market In 2018, By Applications
- Figure 37: North America Millimeter Wave Technology Market, Regional Outlook, 2018 & 2027 (In %)
- Figure 38: United States Millimeter Wave Technology Market, 2019-2027 (In $ Million)
- Figure 39: Canada Millimeter Wave Technology Market, 2019-2027 (In $ Million)
- Figure 40: Market Share Analysis Of Key Players In 2018 (%)
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