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Millimeter Wave Equipment Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_4534 | Date : Jan, 2023 | Pages : 186 | Region : Global

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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.
The Global Millimeter Wave Equipment Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Millimeter Wave Equipment Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
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)

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Millimeter scanners
Millimeter radars
Millimeter micro scale backhaul

In Market segmentation by applications :
Automotive
Telecommunication
Healthcare

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Millimeter Wave Equipment Market for the forecast period 2023-2030?
• What are the driving forces in the Millimeter Wave Equipment Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Millimeter Wave Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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