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Millimeter Wave Technology Market by Product, Frequency Bands, Component, Application, and Geography - Forecast to 2020NEW YORK, June 24, 2015 /PRNewswire/ --
Based on the type of components, the MM wave technology market has been classified into antennas & transceiver, communication & networking components, interface components, frequency sources & related components, imaging components, and others. The said market has been segmented on the basis of application into mobile & telecom sector, consumer & commercial sector, and others. The global MM wave technology market is expected to reach $1,699.1 million by 2020, at a CAGR of 42.70% from 2015 to 2020. The RADAR & satellite communication systems market is expected to grow at the highest CAGR; its growth is expected to be driven by the ncreased use of V band and E band. The market has been segmented based on geography into North America, Europe, APAC, and RoW. North America is currently the largest market for MM wave technology and is expected to exhibit a high growth rate in the next five years. The report also details the competitive landscape of the MM wave technology market by analyzing the strategies adopted by major players to achieve growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models such as the Porter's Five Forces framework. The report includes the profiles of the major players in the global MM wave technology market along with their respective market share analyses. Some of the prominent companies in this market include BridgeWave Communications, Inc. (U.S.), E-Band Communications, LLC (U.S.), Siklu Communication, Ltd. (Israel), SAGE Millimeter, Inc. (U.S.), and Keysight Technologies, Inc. (U.S.). Read the full report: http://www.reportlinker.com/p03036950-summary/view-report.html http://www.reportlinker.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/millimeter-wave-technology-market-by-product-frequency-bands-component-application-and-geography---forecast-to-2020-300104510.html SOURCE Reportlinker |