mmWave Antenna Module Market 2022 : Global Industry Size, Analysis, Trends, and Regional Forecast by 2032 | Emergen Research
Global mmWave Antenna Module Market research report by Emergen Research offers strategic insights into the mmWave Antenna Module market business sphere and in-depth analysis of the industrial chain analysis, value chain analysis, upstream raw materials, investment strategies, regional expansions, and competitive landscape. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.
The mmWave (millimeter-wave) Antenna Module Market has emerged as a key player in the telecommunications and wireless communication sectors, enabling the deployment of high-speed and low-latency networks. Millimeter-wave technology operates in the frequency range of 30 to 300 GHz, offering significant advantages in terms of data transfer rates and reduced interference. mmWave antenna modules play a crucial role in facilitating the seamless transmission of data, voice, and video across various applications, including 5G networks, automotive radar systems, and industrial automation.
The global mmwave antenna module market size reached USD XX billion in 2022 and is expected to register a steady revenue CAGR of 11.3 % during the forecast period, according to latest analysis by Emergen Research. Several factors drive the growth of the mmWave Antenna Module Market. Firstly, the rapid expansion of 5G networks is a major driving force. The deployment of 5G technology requires mmWave frequencies to achieve ultra-fast data speeds and low latency, enabling applications like augmented reality, virtual reality, and the Internet of Things (IoT). As the demand for 5G services continues to soar, the need for efficient mmWave antenna modules is expected to increase substantially.
Secondly, the automotive industry's ongoing transition towards autonomous vehicles is fueling the demand for mmWave antenna modules in automotive radar systems. These modules play a critical role in enhancing vehicle safety by enabling advanced driver-assistance systems (ADAS) that rely on radar technology for object detection and collision avoidance. The growing focus on improving road safety and achieving higher levels of automation in vehicles is set to boost the adoption of mmWave antenna modules in the automotive sector.
Despite the promising growth prospects, the mmWave Antenna Module Market faces certain challenges. One of the primary restraints is the complexity of designing and manufacturing these modules. mmWave technology operates at higher frequencies, making it susceptible to issues such as signal attenuation and atmospheric absorption. Designing antenna modules that can effectively handle these challenges while maintaining high performance requires specialized expertise and research.
Moreover, the limited range of mmWave signals is another restraint. While mmWave technology offers high data transfer rates, its effective coverage area is smaller compared to lower-frequency bands. This limitation makes it necessary to deploy a denser network of mmWave antenna modules to ensure seamless connectivity, leading to increased infrastructure costs.
According to a report by the Federal Communications Commission (FCC), mmWave technology is expected to play a vital role in the future of wireless communications. The FCC has been actively working to allocate and auction mmWave spectrum to support the deployment of 5G networks and foster innovation in various industries.
Additionally, a study by the European Automobile Manufacturers' Association (ACEA) highlights the growing importance of mmWave antenna modules in the automotive sector. The study predicts a substantial increase in the installation of automotive radar systems in the coming years as automakers prioritize safety and automation features in their vehicles.
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Key companies operating in the market include:
Qualcomm Technologies, Inc., Murata Manufacturing Co., Ltd., Anokiwave, Inc, Qorvo, Inc, Skyworks Solutions, Inc., Broadcom Inc, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corporation, Octane Wireless, and Altum RF
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
What does this Report Deliver?
Market Estimation for 20+ Countries
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global and Country Market Trends
Comprehensive Mapping of Industry Parameters
Attractive Investment Proposition
Competitive Strategies Adopted by Leading Market Participants
Market drivers, restraints, opportunities, and their impact on the market
Market growth rate till 2028
Segments Covered in this report are:
Frequency Band Outlook (Revenue, USD Billion; 2019-2032)
- 24-57 GHz
- 57-95 GHz
- 95-300 GHz
Integration Level Outlook (Revenue, USD Billion; 2019-2032)
- Integrated antenna modules
- Standalone modules
- Embedded modules
Application Outlook (Revenue, USD Billion; 2019-2032)
- Wireless communication
- Fixed Wireless Access (FWA) systems
- Autonomous vehicles
- Radar systems
- Others
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2032
- Forecast Years: 2024-2032
Each section of the report reveals critical information about the global mmWave Antenna Module Market that could be used to ensure strong growth in the coming years. Our unique blend of primary and secondary research techniques helped us to recognize hidden business opportunities available in the global mmWave Antenna Module Market , besides collecting significant insights of market participants and obtaining precise market data. It includes several research studies such as manufacturing cost analysis, absolute dollar opportunity, pricing analysis, company profiling, production and consumption analysis, and market dynamics.
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mmWave Antenna Module Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the mmWave Antenna Module Market
Overview of the mmWave Antenna Module Market Report:
- Introduction, Product Scope, mmWave Antenna Module Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the mmWave Antenna Module Market industry
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TOC of the global mmWave Antenna Module Market report:
Chapter 1, describes the mmWave Antenna Module Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of mmWave Antenna Module Market , along with the sales, revenue, and price of mmWave Antenna Module Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of mmWave Antenna Module Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the mmWave Antenna Module Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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