Millimeter Wave Market

1
MarketsandMarkets Presents
Millimeter Wave Market worth 1.2 Billion - 2018
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html
2
According to a new market research report
Millimeter Wave (MM Wave) Market - By Components
(Frequency, Imaging, Radio) Products (MM
Scanners, MM RADARs, MM Macro/Small Cell
Backhaul) Applications (Telecommunication,
Healthcare, Automotive) Analysis Forecast
(2013 2018). published by MarketsandMarkets,
Inc., the total market is expected to reach
roughly 1.2  billion by 2018, growing at an
explosive CAGR of 59.10 for the period of 2013
to 2018. Browse 92 market data tables and 174
figures spread through 390 pages and in-depth TOC
on By Components (Frequency, Imaging, Radio)
Products (MM Scanners, MM RADARs, MM Macro/Small
Cell Backhaul) Applications (Telecommunication,
Healthcare, Automotive) Analysis Forecast
(2013 2018). http//www.marketsandmarkets.com/P
urchase/purchase_report1.asp?id981 Early buyers
will receive 10 customization on reports. A
millimeter wave is a special electromagnetic wave
whose frequency lies in between 3 GHz to 300 GHz,
falling far beyond the frequency range of
commonly used wireless technologies. Though
originally electromagnetic waves with frequencies
above 80 GHz were termed as microwaves and waves
with even higher frequencies as radio waves, with
commercialization of this technology, the
demarcation between frequencies has blurred over
the past decade. Majority of the applications
involve millimeter waves with frequencies lying
between 20 GHz and 120 GHz as of 2013.
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html
3
The low range and narrow beam of millimeter
waves have made it ideal for having little or no
interference between neighboring links, even in
urban environments. This has made the
interception of the Millimeter waves signal very
difficult or nearly impossible. Thus in
telecommunications, MM Waves technology is an
alternative to fiber-optics, in terms of speed
and performance, but at a low cost. Today, mobile
base-station industry is rapidly incorporating MM
Waves technology in small-cell equipment, due to
advanced features offered by millimeter waves,
and this trend has taken a steep upward curve,
with the global LTE boom in 2012-2013. The
global millimeter wave technology market revenue
is expected to reach 116 million by end of 2013
is expected to grow to 1.1 billion in 2018 at a
CAGR of 59.10. Similarly, volumes are estimated
to grow from roughly 11.8 thousand units to more
than 360 thousand units in 2018. This growth is
heralded by the growing telecommunication
applications market for millimeter wave
technology, especially in the fields of small
cell and macro-cell mobile backhaul. The
millimeter wave scanners imaging systems market
is also expected to grow rapidly in the coming
five years with shift of scanning security
industry towards MM Wave technology from
competing technologies such as X-ray backscatter
technology.
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html
4
The Total Addressable Market (TAM) for mm wave
technology has been calculated by the addition of
the TAMs for each of the application markets and
is estimated to grow from 4.77 billion in 2013
to 10.56 billion in 2018. Thus the market
penetration of millimeter wave technology in its
total addressable market stands at 2.44 in 2013
and is expected to grow to 11.23 by 2018,
showing a market penetration of roughly 9 over
the next five years. When geographical markets
North America, Europe, Asia Pacific and the Rest
of the World are considered, North America has
the major share in the market with expected
revenue of roughly 48 million in 2013. The CAGR
of the markets primary base - North America, for
the period 2013 to 2018 is calculated to be
56.77. Europe and Asia Pacific are the fastest
growing regions, with expected CAGRs of 60.51
and 61.13 respectively from 2013 to 2018, due to
the major growth spurts expected in the telecom
sector in the developing countries in this
region. LTE rollout is another major factor that
is driving the millimeter wave technology markets
in Europe and APAC. The report, based on an
extensive research study of the MM Wave
technology market and the related semiconductor,
component, product industries, is aimed at
identifying the entire market of specifically the
MM Wave products and MM Wave components in all
the applications excluding digital consumer
electronic applications. The report covers the
overall market and sub-segment markets through
extensively detailed classifications, in terms of
both - revenue and shipments.
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html
5
The report segments the MM Waves market on the
basis of different types of components, different
applications and different geographies. Further,
it contains revenue forecasts, and analyses
trends in the market. The geographical analysis
contains the in-depth classification for
Americas, Europe, Asia Pacific and the Rest of
the World regions, covering individual
country-wise markets for MM Wave technology. The
core qualitative analysis in the report would
contain drivers, restraints, opportunities,
current market trends and the technology expected
to revolutionize the MMW domain. In terms of
products, the reports scope is limited to MM
Wave telecommunication equipment, MM Wave
Scanners Imaging systems, and MM Wave RADARs
and Satellite Communication systems. Accessory
and supporting devices, equipment or products
such as Ethernet equipment, for example, are not
included in the report scope. Moreover, in
telecommunication equipment, the major product
category considered in the market statistics
calculations is MM Wave Radios for
mobile-backhaul and enterprise broadband
applications. The reports purview of MM wave
products encompasses the distinct fields of
Mobile Telecommunication products, Scanning
Imaging products, and RADAR Satellite
Communication products. All three product
markets, due to the distinct nature of the fields
in every aspect are analyzed separately, with
sub-segmentation of the market in each category
into sub-markets for every type of product
available commercially. Growth rates and
forecasts of each of the markets are analyzed
with cross-comparisons in extensive detail to
give a complete picture of MM Wave technologys
revenue potential.
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html
6
Contact Us
Contact Mr. RohanNorth - Dominion Plaza,17304
Preston Road,Suite 800, Dallas, TX 75252Tel
1-888-6006-441Email sales_at_marketsandmarkets.com
http//www.marketsandmarketsblog.comhttp//www.l
inkedin.com/company/marketsandmarkets
http//www.marketsandmarkets.com/Market-Reports/mi
llimeter-wave-technology-market-981.html